NOT LISTED FOR SALE

Estimated Value: $640,722 - $1,055,000

-- Bed
2 Baths
2,457 Sq Ft
$357/Sq Ft Est. Value

Last Sold February 28, 2018

Current estimated payment $5,705/month

4 Days on Market

Highlights

  • Golf Course Community
  • 0.18 Acre Lot
  • No HOA
  • Russell Lee Elementary School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of February 2018

Great investment property with both sides A & B occupied and producing income!! Both sides leased through August 2019! The House is renting at $3600 and the apartment at $2050.. Beautiful hardwood floors, Granite Counter Tops Etc.. Survey available.

Last Agent to Sell the Property

Billy Pate

Compass RE Texas, LLC License #0647067 Listed on: 01/19/2018

Compass RE Texas, LLC

Last Buyer's Agent

Kirk Lewis

Lewis Residential License #0484323

Lewis Residential

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Wooded Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry in multiple locations

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Air
  • No Heating
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 02150805150000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sunny Ridge Add Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2457.00
  • Restrictions: None
  • Unit Mix: 2/2, 3/2
  • Year Built: 1936
  • Directions: From Red River, go east on E 38th, property on right.
  • Disclosures: See Remarks
  • Estimated Taxes: 6716.56
  • FEMA Flood Plain: No
  • Fencing: Fenced, Partial, Wood
  • Guest Accommodation Description: None
  • Intermediary: No
  • Levels: Two
  • Living Area: 2457.00
  • Property Panorama: No
  • Special Listing Conditions: See Remarks
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Covered, Porch
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: Golf Course

Schools

  • School District: Austin ISD
  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Level, Trees-Moderate
  • Lot Size: 7800 sq ft
  • Special Assessment: No
  • Parcel Number: 02150805150000
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7840.80
  • Subdivision Name: Sunny Ridge Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 5650.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Vinyl Siding

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Rate: 2.15580000000000
  • Tax Year: 2007
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2020
Sold by
Lubwama Ryan
Bought by
Jc Oasis Real Estate Llc
Current Estimated Value
$875,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$404,743
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$471,188

Purchase Details

Closed on
Mar 16, 2020
Sold by
Jc Oasis Real Estate Llc
Bought by
Lubwama Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$404,743
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$471,188

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 28, 2018
Sold by
Lubwama Bryan
Bought by
Jc Oasis Real Estate Llc
Seller's Agent
Billy Pate
Compass RE Texas, LLC
Buyer's Agent
Kirk Lewis
Lewis Residential
List Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$510,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2008
Sold by
E & Ocs #1 Ltd
Bought by
Forshay Laurie Barrett and Evans James Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,900
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2008
Sold by
E & Ocs General Llc
Bought by
E & Ocs #1 Ltd

Purchase Details

Closed on
Feb 25, 2002
Sold by
Smith Rodney M and Smith Larry A
Bought by
E & Ocs #1 Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jc Oasis Real Estate Llc -- None Available
Lubwama Bryan -- Itc
Jc Oasis Real Estate Llc -- Independence Title Co
Lubwama Bryan -- None Available
Forshay Laurie Barrett -- Landamerica Austin Title
E & Ocs #1 Ltd -- Landamerica Austin Title
E & Ocs #1 Ltd -- --
E & Ocs #1 Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubwama Bryan $512,000
Previous Owner Lubwama Bryan $510,000
Previous Owner Forshay Laurie Barrett $360,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold -- -- --
01/23/2018 01/23/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $785,000 -- $319 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,550 $633,115 $445,512 $187,603
2023 $13,550 $802,764 $551,250 $251,514
2022 $18,685 $946,126 $787,500 $158,626
2021 $16,336 $750,500 $341,250 $409,250
2020 $12,816 $597,509 $341,250 $256,259
2018 $11,516 $520,160 $325,000 $195,160
2017 $9,777 $438,408 $325,000 $113,408
2016 $10,085 $452,222 $243,750 $208,472
2015 $8,568 $408,086 $187,500 $220,586
2014 $8,568 $374,110 $187,500 $186,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3381082

Unlock MLS (Austin Board of REALTORS®)

APN: 209028