1504 Ridgemont DR, Austin TX 78723

Off Market

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Ed's Opinion of Value

$459,080 Ed's Estimate: $569,087 $698,445

Lowest Comp Recommended List: $664,000 to $678,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $569,087. For a well positioned listing in DELWOOD SEC, I'd target the $664,000 to $678,000 range. In the current DELWOOD SEC market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in DELWOOD SEC; a balanced market based on recent absorption. Recent trends in DELWOOD SEC show home values have fallen 14.7% since 6 months ago. The most comparable recent sale is 1605 Ridgemont DR, Austin TX 78723, with an adjusted value of $587,905; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

DELWOOD SEC Market Trends

$537,500 Median Sold Price ▼ 14.7% 6mo

$417/sqft Median $/SqFt ▲ 17.3% 6mo

31 days Avg Days on Market 27 days slower

2 homes Active Inventory 3 mo supply

96.2% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$587,905 adjusted 1605 Ridgemont DR, Austin TX 78723 3bd / 2.0ba • 1,504 sqft • 0.1 mi Sold 7 days ago

$609,720 adjusted 1414 Ridgemont DR, Austin TX 78723 4bd / 2.0ba • 1,774 sqft • 0.1 mi Sold 9 months ago

$698,445 adjusted 1811 Rogge LN, Austin TX 78723 3bd / 2.0ba • 1,674 sqft • 0.4 mi Sold 3 months ago

$678,358 adjusted 1802 Corona DR, Austin TX 78723 3bd / 2.0ba • 1,799 sqft • 0.3 mi Sold 9 months ago

$459,080 adjusted 1502 Ridgehaven DR, Austin TX 78723 4bd / 2.0ba • 1,760 sqft • 0.1 mi Sold 4 months ago

Currently on Market

$695,000 5511 Delwood DR, Austin TX 78723 3bd / 2.0ba • 1,648 sqft • 0.4 mi 14 days on market

$600,000 1705 Cloverleaf DR, Austin TX 78723 2bd / 2.0ba • 1,752 sqft • 0.2 mi 4 days on market

$670,000 5507 Mapleleaf DR, Austin TX 78723 3bd / 2.0ba • 1,598 sqft • 0.4 mi 32 days on market

3 Beds

2 Baths 2 Full

1,714 Sq Ft

0.216 Acres

1955 Built

About This Property

Attractive and cozy in Delwood 4! Original oak hardwood floors. Remodeled kitchen with granite counters, tiled backsplash, and updated cabinetry. Refrig can convey. Updated baths with classic tile. 2nd living rm with fireplace, built-in shelving, and updated windows. Bonus room for study, extra living, or 4th bdrm. Utility Rm. Carport. Updated HVAC, breakers, and supply plumbing. Large matching backyard bldg with electricity and AC for storage, workshop, or study. Raised gardens. Close-in,walk to Mueller.Restrictions: Yes

Features

Bookcases
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Blanton

Middle School Bertha Sadler Means

High School Reagan

Property Details

Property Type Residential

Flooring Concrete, Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior None

County Travis

MLS # 5093413

Tax Information

Annual Taxes $5,244 (2012)

Listing History

MLS# 5093413 3 days

Apr 20, 2013	Off Market
Mar 18, 2013	Pending
Mar 15, 2013	Listed	$315,000

Frequently Asked Questions About 1504 Ridgemont DR, Austin TX 78723

When was 1504 Ridgemont DR, Austin TX 78723 built?

1504 Ridgemont DR, Austin TX 78723 was built in 1955.

How much does 1504 Ridgemont DR, Austin TX 78723 cost?

1504 Ridgemont DR, Austin TX 78723 sold on April 20, 2013. Contact us for sale price details.

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