NOT LISTED FOR SALE

Estimated Value: $1,048,772 - $1,183,000

-- Bed
4 Baths
4,536 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 31, 2021

Current estimated payment $8,612/month

12 Days on Market

Highlights

  • Boat Dock
  • Horses Allowed On Property
  • Deck
  • Russell Lee Elementary School Rated A-
  • 0.24 Acre Lot
  • Wooded Lot

About This Home

As of March 2021

Rarely available income producing duplex with rents totaling $6,990/mo. Side A: 5 bed 3 bath; Side B: 6 bed 3 bath Long-tern tenant in place with high probability of renewal, great rental history. Only blocks to UT , St David's Hospital & Capital. Side A built 1950 (major reno 2017), Side B built 1998 Midrise office/retail/multi-family across street mean redevelopment potential!

Last Agent to Sell the Property

Matt Ely

Ely Properties, Inc. License #0387240 Listed on: 12/04/2020

Ely Properties, Inc.

Co-Listed By

Deacon Shields

Ely Properties, Inc. License #0432383

Last Buyer's Agent

Tony Lazarov

Respace LLC License #0459968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,174

Year Built

  • Built in 1998

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70 x 148
  • East Facing Home
  • Wood Fence
  • Corner Lot
  • Wooded Lot
  • Property is in average condition

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 4,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Dryer

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Deck
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 02150802120000

Community Details

Overview

  • No Home Owners Association
  • Hancock Park Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,174

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Direction Faces: East
  • Directions: 32nd to Red River North, right on Keith, property on left.
  • Disclosures: Seller Disclosure
  • Fencing: Wood
  • Fireplaces: 1
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 4536
  • Other Equipment: Dryer Connections, Gas Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT071V
  • Co List Office Phone: (512) 476-1976
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 25421.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Mix: See Remarks
  • Special Features: None

Interior Features

  • Interior Amenities: Interior Steps, See Remarks
  • View: None
  • Flooring: Carpet, Concrete, Laminate, Tile
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator
  • Property Condition: Resale, Average
  • Security Features: None
  • Window Features: Blinds
  • ResoLivingAreaSource: Appraiser
  • Laundry Location: Multiple Locations

Exterior Features

  • Exterior Features: Boat Dock - Shared, See Remarks
  • Roof: Composition
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Meter Description: Electric Common

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Corner Lot, Curbs, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 70 x 148
  • Parcel Number: 02150802120000
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.4
  • Subdivision Name: Hancock Park
  • Special Assessment: No

Rental Info

  • Owner Pays: None
  • Total Actual Rent: 6990
  • Pets Allowed: All

Building Info

  • Construction Materials: HardiPlank Type, See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2020
  • Tax Map Number: 23
  • Tax Rate: 2.74230000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Mar 19, 2021
Sold by
Yu Chun Sheng and Lu Jun
Bought by
Aggarwal Romit and Arya Mahidhar
Seller's Agent
Matt Ely
Ely Properties, Inc.
Buyer's Agent
Tony Lazarov
Respace LLC
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Current Estimated Value
$1,115,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,886
Avg. Annual Appreciation
-0.62%
Original Mortgage
$700,000
Outstanding Balance
$636,283
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$434,626

Purchase Details

Closed on
Sep 10, 2013
Sold by
Cy Properties Llc
Bought by
Yu Chun Sheng and Lu Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,640
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Yu Chun Sheng and Lu Jun
Bought by
Cy Properties Llc

Purchase Details

Closed on
Sep 30, 2010
Sold by
Cy Properties Llc
Bought by
Yu Chun Sheng and Lu Jun

Purchase Details

Closed on
Dec 20, 2007
Sold by
Yu Chun Sheng and Lu Jun
Bought by
Cy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Yu Chun Sheng and Lu Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
Lacount Sara C
Bought by
Deutsche Bank National Trust Co and Ffmlt 2006-Ff16 Asset Backed Certificate

Purchase Details

Closed on
Jul 28, 2006
Sold by
Ferrell Justin B
Bought by
Lacount Sara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2006
Sold by
Gill Gary G
Bought by
Ferrell Justin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1997
Sold by
Gartman Saegert Evelyn G and Gartman Saegert Evelyn
Bought by
Gill Gary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
8.16%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Aggarwal Romit -- Independence Title Company
Yu Chun Sheng -- First American Title Insuran
Cy Properties Llc -- None Available
Yu Chun Sheng -- None Available
Cy Properties Llc -- Independence Title Co
Yu Chun Sheng -- Itc
Deutsche Bank National Trust Co $869,791 None Available
Lacount Sara C -- Itc
Ferrell Justin B -- None Available
Gill Gary G -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggarwal Romit $700,000
Previous Owner Yu Chun Sheng $496,640
Previous Owner Yu Chun Sheng $533,850
Previous Owner Lacount Sara C $840,000
Previous Owner Ferrell Justin B $668,000
Previous Owner Gill Gary G $392,000
Previous Owner Gill Gary G $283,250
Previous Owner Gill Gary G $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold -- -- --
12/16/2020 12/16/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,300,000 -- $287 / 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
2023 $29,174 $1,612,512 $385,000 $1,227,512
2022 $32,393 $1,640,212 $385,000 $1,255,212
2021 $31,401 $1,442,622 $357,500 $1,085,122
2020 $20,463 $954,032 $357,500 $596,532
2018 $20,628 $931,712 $357,500 $574,212
2017 $15,852 $710,785 $357,500 $353,285
2016 $14,353 $643,576 $268,125 $375,451
2015 $14,636 $627,837 $206,250 $421,587
2014 $14,636 $615,013 $275,000 $340,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2860376

Unlock MLS (Austin Board of REALTORS®)

APN: 208929