2212 E Martin Luther King Jr BLVD, Austin TX 78702

Off Market

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Ed's Opinion of Value

$219,900 Ed's Estimate: $557,880 $679,434

Lowest Comp Recommended List: $223,000 to $233,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $557,880. For a well positioned listing in JOHNS C, I'd target the $223,000 to $233,000 range. Against 7 similar active listings in JOHNS C, this price point lands at the 3rd most expensive of 7 comparable homes on the market. 7 similar homes are currently available in JOHNS C, creating a balanced market for this price range. Recent trends in JOHNS C show home values have risen 40.9% since 6 months ago. The most comparable recent sale is 3010 E 14th ST, Austin TX 78702, with an adjusted value of $452,851; a strong comparable. The 3 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

JOHNS C Market Trends

$500,125 Median Sold Price ▲ 40.9% 6mo

$439/sqft Median $/SqFt ▲ 16.9% 6mo

51 days Avg Days on Market 4 days slower

2 homes Active Inventory 3 mo supply

94.3% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$452,851 adjusted 3010 E 14th ST, Austin TX 78702 2bd / 1.0ba • 1,080 sqft • 0.8 mi Sold 4 months ago

$577,660 adjusted 2712 E 22nd ST, Austin TX 78722 3bd / 2.0ba • 1,280 sqft • 0.4 mi Sold 3 months ago

$679,434 adjusted 1909 E 14th ST, Austin TX 78702 2bd / 1.0ba • 916 sqft • 0.4 mi Sold 2 months ago

Currently on Market

$219,900 2000 Alamo ST, Austin TX 78722 2bd / 1.0ba • 1,104 sqft • 0.1 mi 39 days on market

$300,000 2006 Rountree DR, Austin TX 78722 3bd / 1.0ba • 1,139 sqft • 0.6 mi 39 days on market

$450,000 2000 Cedar Ave, Austin TX 78722 3bd / 1.0ba • 1,174 sqft • 0.2 mi 23 days on market

3 Beds

1 Baths 1 Half

1,100 Sq Ft

0.1486 Acres

1928 Built

About This Property

Lot is zoned LO-MU-V-CO-NP. Can be used for residential/limited office. This home is less than 2.5 miles from downtown Austin and approx. 0.6 miles from Light Rail MLK station. Great property for small business offices/investment purposes and a home! Restrictions: Yes

Features

See Remarks

Location

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Schools

School District Austin ISD

Elementary Campbell

Middle School Kealing

High School McCallum

Property Details

Property Type Commercial Sale

Flooring Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 9064009

Tax Information

Annual Taxes (MLS) $4,599 (2012)

Listing History

MLS# 9064009 17 days

Jul 8, 2013	Off Market
Feb 19, 2013	Listed		$249,900

Frequently Asked Questions About 2212 E Martin Luther King Jr BLVD, Austin TX 78702

When was 2212 E Martin Luther King Jr BLVD, Austin TX 78702 built?

2212 E Martin Luther King Jr BLVD, Austin TX 78702 was built in 1928.

How much does 2212 E Martin Luther King Jr BLVD, Austin TX 78702 cost?

2212 E Martin Luther King Jr BLVD, Austin TX 78702 sold on July 8, 2013. Contact us for sale price details.

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