NOT LISTED FOR SALE

Estimated Value: $517,000 - $873,000

Studio
4 Baths
2,070 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 21, 2012

Current estimated payment $3,574/month

19 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Laundry in multiple locations
  • 2 Fireplaces
  • No HOA
  • Family Room

About This Home

As of June 2012

Great Investment Cash Cow Property! One unit has Tenant with lease in place, other unit is vacant and ready to rent or for owner occupy. Near Metro Bus stop & bit further to UT Shuttle stop. Also close to Riverside Golf Course. This is a BofA Property. ALL Finance offers MUST include BofA Prequalification with submission. All cash offers MUST include Proof of Funds. FEMA - Unknown Restrictions: Unknown

Last Agent to Sell the Property

Michelle Sheehan

Gaston & Sheehan Realty License #0424191 Listed on: 03/29/2012

Co-Listed By

Amanda Naughton

Four Directions Realty LLC License #0494512

Last Buyer's Agent

Monte Davis

Monte Davis Realty Group, Corp License #0523767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1985

Lot Details

  • 9,888 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Mature Trees

Parking

  • 2 Covered Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Family Room
  • Laundry in multiple locations

Schools

  • Allison Elementary School
  • Martin Middle School
  • Eastside Memorial High School

Utilities

  • No Heating
  • Separate Meters

Community Details

  • No Home Owners Association
  • 2 Units
  • Kasparek Add Subdivision

Listing and Financial Details

  • Bankruptcy Property
  • Foreclosure
  • Assessor Parcel Number 03081005130000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,504

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2070.00
  • Restrictions: None
  • Unit Mix: 2/2
  • Year Built: 1985
  • Directions: Riverside east to Kenneth, property on corner of East Riverside and Kenneth Avenue
  • Disclosures: See Remarks
  • Estimated Taxes: 3503.94
  • Fencing: Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Home Sale Contingency: Yes
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2070.00
  • New Loan Amount: 35000
  • Special Listing Conditions: Bankruptcy Property, In Foreclosure
  • Special Features: 20

Interior Features

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

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: None
  • Meter Description: Gas Separate
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Allison
  • High School: Eastside Memorial
  • Middle/Junior School: Martin

Lot Info

  • Lot Features: Corner Lot, Level, Trees-Large (Over 40 Ft)
  • Parcel Number: 03081005130000
  • Lot Size Acres: 0.2270
  • Lot Size Sq Ft: 9888.12
  • Subdivision Name: Kasparek Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 825.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2070
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 3503.94
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2017
Sold by
Martin Thomas Joshua
Bought by
Chanani Alok
Current Estimated Value
$521,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$186,913
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$470,433

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jun 19, 2012
Sold by
Us Bank National Association
Bought by
Martin Thomas Joshua
Seller's Agent
Michelle Sheehan
Gaston & Sheehan Realty
Buyer's Agent
Monte Davis
Monte Davis Realty Group, Corp
List Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$35,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2011
Sold by
Yi Gary Y and Yi Jennifer
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 26, 2005
Sold by
Buehrle Karen M and Buehrle Daniel R J
Bought by
Yi Gary Y and Yi Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2002
Sold by
Love Jerome D
Bought by
Nielsen Karen M and Buehrle Daniel R J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,466
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2001
Sold by
Oswald Nicole Louise
Bought by
Love Jerome D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.96%
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
Chanani Alok -- None Available
Martin Thomas Joshua -- Lsi Title Agency Inc
U S Bank National Association $143,910 None Available
Yi Gary Y -- Atc
Nielsen Karen M -- Alamo Title Company
Love Jerome D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chanani Alok $225,000
Previous Owner Martin Thomas Joshua $35,000
Previous Owner Yi Gary Y $136,000
Previous Owner Nielsen Karen M $161,466
Previous Owner Love Jerome D $126,900
Closed Yi Gary Y $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2012 06/21/12 Sold -- -- --
04/17/2012 04/17/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $139,900 -- $68 / 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 $10,514 $484,420 $231,525 $252,895
2023 $7,999 $442,110 $75,000 $367,110
2022 $8,731 $442,110 $75,000 $367,110
2021 $6,363 $292,310 $75,000 $217,310
2020 $6,966 $324,789 $75,000 $249,789
2018 $5,381 $243,026 $20,000 $223,026
2017 $4,615 $206,958 $20,000 $194,482
2016 $4,413 $197,893 $20,000 $194,482
2015 $3,291 $202,773 $20,000 $220,724
2014 $3,291 $149,837 $20,000 $129,837
Source: Public Records

Agents Affiliated with this Home

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5846933

Unlock MLS (Austin Board of REALTORS®)

APN: 551573