NOT LISTED FOR SALE

Estimated Value: $553,000 - $1,229,005

Studio
3 Baths
2,394 Sq Ft
$343/Sq Ft Est. Value

Last Sold February 15, 2013

Current estimated payment $4,999/month

34 Days on Market

About This Home

As of February 2013

Prime Central Austin investment on .247 acre! Just minutes away from UT with a UT shuttle stop 2 blocks away. Each unit is a 3/2 with rents totaling $4550/mo and leased through July 2013. The A unit had a complete remodel to the studs in '07. The B unit had cosmetic changes and all new appliances installed. Both sides have had historically low maintenance.

Last Agent to Sell the Property

Brandon McFarling

Murphy Realty Consultants, LLC License #0569750 Listed on: 11/12/2012

Last Buyer's Agent

Cynthia Riley

Rocket Science Realty LLC License #0514535

Property Details

Home Type

  • Multi-Family

Year Built

  • 1947

Lot Details

  • 10,454

Home Design

  • 2,394 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Shingle Roof
  • Pier And Beam

Utilities

  • Separate Meters
  • Separate Water Meter
  • Sewer in Street

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

1947

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Total Sq Ft: 2394
  • Stories: 1
  • Unit Mix: 3/2
  • Year Built Exception: Resale
  • Ratio Close Price By List Price: 0.99567
  • Ratio Close Price By Original Li: 0.99567
  • Ratio Close Price By Sq Ft: 230.79
  • Ratio Current Price By Lot Size: 2236842.11
  • Ratio Current Price By Sq Ft: 230.79
  • Ratio List Price By Sq Ft: 231.79
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Laundry Facilities: Separate
  • Condition: As-Is
  • Region: Austin - Central

Exterior Features

  • Fence: Chain Link, Wood
  • Roof: Composition Shingle
  • Construction: Brick Veneer
  • Foundation: Pier & Beam, Slab

Utilities

  • Sewer: City At Street
  • Utilities: Electricity Available, Natural Gas Available
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: City

Schools

  • Elementary A: Lee
  • Middle Intermediate School: Kealing
  • High School: McCallum

Lot Info

  • Lot Size Area: 0.247

Rental Info

  • Total Actual Rent: 4550

Tax Info

  • Actual Tax: 10221.76
  • Tax Filled Sqft Total: 2394
  • Tax Rate: 2.38230000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Feb 15, 2013
Sold by
916 E 39Th Llc
Bought by
Collett Catherine
Seller's Agent
Brandon McFarling
Murphy Realty Consultants, LLC
Buyer's Agent
Cynthia Riley
Rocket Science Realty LLC
List Price
$554,900
Current Estimated Value
$822,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$414,375
Outstanding Balance
$78,493
Interest Rate
2.68%
Mortgage Type
New Conventional
Estimated Equity
$743,508

Purchase Details

Listed on
Nov 12, 2012
Closed on
Jan 8, 2013
Sold by
Holland Jared and Holland Lynn
Bought by
916 E 39Th Llc
Seller's Agent
Brandon McFarling
Murphy Realty Consultants, LLC
Buyer's Agent
Cynthia Riley
Rocket Science Realty LLC
List Price
$554,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,375
Outstanding Balance
$78,493
Interest Rate
2.68%
Mortgage Type
New Conventional
Estimated Equity
$743,508

Purchase Details

Closed on
Jun 9, 2009
Sold by
Holland Jared and Mckae Robert
Bought by
916 E 39Th Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
916 E 39Th Llc
Bought by
Holland Jared and Mckee Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,400
Interest Rate
6.57%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 28, 2007
Sold by
Rodewald Karen
Bought by
916 E 39Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,250
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Rodewald David A
Bought by
Rodewald Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1996
Sold by
Furlough Carolyn Sheldon
Bought by
Rodewald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Collett Catherine -- None Available
916 E 39Th Llc -- None Available
916 E 39Th Llc -- None Available
Holland Jared -- Independence Title Co
916 E 39Th Llc -- Itc
Rodewald Karen -- --
Rodewald David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collett Catherine $414,375
Previous Owner Holland Jared $352,400
Previous Owner 916 E 39Th Llc $352,250
Previous Owner Rodewald Karen $184,500
Previous Owner Rodewald David $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold -- -- --
12/16/2012 12/16/12 Pending -- -- --
11/12/2012 11/12/12 For Sale $554,900 -- $232 / 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 $8,756 $553,855 $327,315 $226,540
2023 $15,052 $831,970 $385,000 $446,970
2022 $17,480 $885,075 $385,000 $500,075
2021 $18,312 $841,274 $357,500 $483,774
2020 $14,740 $687,200 $357,500 $329,700
2018 $17,269 $780,000 $357,500 $422,500
2017 $12,422 $557,000 $357,500 $199,500
2016 $11,831 $530,510 $268,125 $262,385
2015 $12,538 $485,037 $206,250 $278,787
2014 $12,538 $526,861 $206,250 $320,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9330611

Unlock MLS (Austin Board of REALTORS®)

APN: 211848