NOT LISTED FOR SALE

Estimated Value: $3,101,000 - $6,196,000

0.33 Acre
$12,832,176 Price per Acre
14,375 Sq Ft Lot

Last Sold October 12, 2012

Current estimated payment $27,036/month

246 Days on Market

About This Lot

As of October 2012

Possible Owner Financing!!Beautiful Lake Austin lot in established Westlake neighborhood in Eanes school district. Flat lot with 90' lake frontage, build your dream home on Lake Austin. Boat dock permitted. Existing architectural plans are available on request.

Last Agent to Sell the Property

Michele Turnquist

Engel & Volkers Austin License #0302407 Listed on: 12/12/2011

Engel & Volkers Austin

Last Buyer's Agent

M.E. Cook

Keller Williams Realty License #0357270

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

Utilities

  • Private Water Source
  • Septic Needed
  • Phone Available

Additional Features

  • Lake Views
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 01292101060000
  • 2% Total Tax Rate

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lot
  • Property Sub Type: Single Lot
  • Architect Approved: Yes
  • Builder Restricted: No
  • E T J: See Agent
  • Restrictions: Yes
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 0.96618
  • Ratio Close Price By Original Li: 0.89172
  • Ratio Current Price By Lot Size: 4204204.20
  • Special Features: None

Interior Features

  • View: Lake/River
  • Improvements: Utilities-Electric
  • Region: Austin - West/Westlake

Exterior Features

  • Waterfront: Yes
  • Waterfront Description: Lake
  • Water Access: Yes
  • Water Access Description: Lake
  • Livestock: No
  • Body Of Water: Lake Austin

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Phone Available
  • Water Source: Private Water Co

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Eanes ISD
  • Elementary A: Bridge Point
  • Middle Intermediate School: West Ridge
  • Junior High School: West Ridge
  • High School: Westlake

Lot Info

  • Endangered Species: Unknown
  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Lakefront
  • Lot Size Area: 0.333
  • Surface Water: Yes
  • Topography: Cleared, Level
  • Type of Home Allowed: See Agent
  • Zoning: Unknown
  • Parcel Number: 01292101060000
  • M A P S C O Grid: X
  • M A P S C O Page: 523

Tax Info

  • Actual Tax: 15668.76
  • Tax Rate: 1.74020000000000
  • Tax Amount: 26636.90
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Oct 11, 2012
Sold by
Rivercrest Lot Llc
Bought by
Ritchie Scott D and Ritchie Margot F
Seller's Agent
Michele Turnquist
Engel & Volkers Austin
Buyer's Agent
M.E. Cook
Keller Williams Realty
List Price
$1,570,000
Current Estimated Value
$4,467,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$910,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2010
Sold by
Lee Kennedy Investments Lp
Bought by
Rivercrest Lot Llc

Purchase Details

Closed on
Apr 2, 2008
Sold by
Kennedy Lee F
Bought by
Lee Kennedy Investments Lp

Purchase Details

Closed on
Oct 27, 2005
Sold by
The Prewitt First Family Lp
Bought by
Kennedy Lee F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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
Ritchie Scott D -- Itc
Rivercrest Lot Llc -- None Available
Lee Kennedy Investments Lp -- None Available
Kennedy Lee F -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ritchie Scott D $910,000
Previous Owner Kennedy Lee F $1,999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold -- -- --
08/14/2012 08/14/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $1,570,000 -- --
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 $44,094 $3,136,899 -- --
2023 $40,176 $2,551,130 $1,800,800 $750,330
2022 $57,505 $2,900,000 $1,800,800 $1,099,200
2021 $61,337 $2,819,102 $1,800,800 $2,080,723
2020 $55,975 $2,600,000 $1,800,800 $799,200
2018 $44,512 $2,655,256 $1,800,800 $1,009,149
2017 $41,201 $2,413,869 $1,800,800 $613,069
2016 $42,554 $2,493,155 $1,800,800 $692,355
2015 $25,575 $2,550,000 $1,800,800 $749,200
2014 $25,575 $1,424,654 $1,350,600 $74,054
Source: Public Records

Agents Affiliated with this Home

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5923983

Unlock MLS (Austin Board of REALTORS®)

APN: 125212