1307 52nd # 5, Austin TX 78723

Austin, TX 78723 | Ridgetop Gardens | Built by RH Greenhouse

Off Market

Exterior view of 1307 52nd # 5, Austin TX 78723

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Ed's Opinion of Value

$188,435 Ed's Estimate: $321,084 $434,175

Lowest Comp Recommended List: $177,000 to $187,000 Highest Comp

After reviewing 7 recent transactions in RIDGETOP GARDENS, I estimate this property's value at $321,084. A competitive list price for this home right now would fall in the $177,000 to $187,000 range. This home's position in the current RIDGETOP GARDENS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (344 sqft compared to the average comp) is a meaningful differentiator in this price range. At 23 years newer than typical comps, the 1989 build date influences the valuation. Right now, 7 similar properties are competing for buyers in RIDGETOP GARDENS, listed between $185,000 and $385,000. Prices in 78723 have fallen 1.2% over the last 6 months. A similar home at 1701 Simond Ave # 636, Austin TX 78723 carries an adjusted comparable value of $301,201, providing a strong data point. With 7 comparable sales in RIDGETOP GARDENS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78723 Market Trends

$575,000 Median Sold Price ▼ 1.2% 6mo

$360/sqft Median $/SqFt ▼ 3.1% 6mo

68 days Avg Days on Market 21 days slower

139 homes Active Inventory 4.8 mo supply

97.2% Sale-to-List Ratio

175 Sales (6 months)

Recently Sold Comparables

$301,201 adjusted 1701 Simond Ave # 636, Austin TX 78723 1bd / 1.0ba • 758 sqft • 0.7 mi Sold 2 months ago

$292,315 adjusted 1213 NE Cloverleaf DR, Austin TX 78723 2bd / 1.0ba • 1,299 sqft • 0.3 mi Sold 17 days ago

$434,175 adjusted 1410 Corona DR, Austin TX 78723 2bd / 1.0ba • 849 sqft • 0.3 mi Sold 6 months ago

$188,435 adjusted 1200 E 52nd ST # 205, Austin TX 78723 1bd / 1.0ba • 575 sqft • 0.2 mi Sold 4 months ago

$276,025 adjusted 1611 Cloverleaf DR, Austin TX 78723 2bd / 1.0ba • 1,465 sqft • 0.6 mi Sold 3 months ago

Currently on Market

$230,000 1200 E 52nd ST # 209, Austin TX 78723 2bd / 1.0ba • 725 sqft • 0.2 mi 1 days on market

$245,000 1313 E 52nd ST # 101, Austin TX 78723 1bd / 1.0ba • 675 sqft • 0 mi 8 days on market

$270,000 1311 E 52nd ST # 2, Austin TX 78723 2bd / 1.0ba • 624 sqft • 0 mi 63 days on market

2 Beds

1 Baths 1 Full

699 Sq Ft

1989 Built

About This Property

1 block from the Mueller Town Center. This highly walkable modern condo feature an open-floor concept with vaulted ceilings. Rich wood tones complement the kitchen backsplash, appliances like a gas stove & European washer and dryer unit. Under-cabinet lighting adds to the natural light from the large windows in the living area. Each bedroom features an office nook. Beautiful travertine tile in the bathroom. Live an urban life with great food and shopping just a short walk or drive away.

Features

Cathedral Ceiling(s)
High Ceilings
Vaulted Ceiling(s)
Primary Bedroom on Main
Recessed Lighting

Location

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Schools

School District Austin ISD

Elementary Blanton

Middle School Bertha Sadler Means

High School Northeast Early College

Property Details

Property Type Residential

Flooring Laminate

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 7713518

HOA & Community

HOA Fee $198 /Monthly

HOA Includes Common Area Maintenance, Gas, Insurance, Trash

Listing History

MLS# 7713518 78 days

Jul 21, 2016	Off Market
Jul 21, 2016	Pending
May 4, 2016	Listed	$209,999

Frequently Asked Questions About 1307 52nd # 5, Austin TX 78723

When was 1307 52nd # 5, Austin TX 78723 built?

1307 52nd # 5, Austin TX 78723 was built in 1989.

How much does 1307 52nd # 5, Austin TX 78723 cost?

1307 52nd # 5, Austin TX 78723 sold on July 21, 2016. Contact us for sale price details.

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