3309 Hollywood Ave, Austin TX 78722

Off Market

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Ed's Opinion of Value

$457,833 Ed's Estimate: $571,965 $749,000

Lowest Comp Recommended List: $462,000 to $472,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $571,965. For a well positioned listing in UNIVERSITY PARK, I'd target the $462,000 to $472,000 range. Against 7 similar active listings in UNIVERSITY PARK, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 1939 construction puts this home 7 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in UNIVERSITY PARK, ranging from $475,000 to $749,000. Recent trends in UNIVERSITY PARK show home values have fallen 41.4% since 6 months ago. The most comparable recent sale is 3712 Werner Ave, Austin TX 78722, with an adjusted value of $700,050; a strong comparable. The 4 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

UNIVERSITY PARK Market Trends

$295,000 Median Sold Price ▼ 41.4% 6mo

$203/sqft Median $/SqFt ▼ 47.8% 6mo

134 days Avg Days on Market 97 days slower

7 homes Active Inventory 4.7 mo supply

96.5% Sale-to-List Ratio

9 Sales (6 months)

Recently Sold Comparables

$700,050 adjusted 3712 Werner Ave, Austin TX 78722 3bd / 2.0ba • 1,312 sqft • 0.2 mi Sold 3 months ago

$589,491 adjusted 3713 Robinson Ave, Austin TX 78722 2bd / 2.0ba • 1,124 sqft • 0.2 mi Sold 9 months ago

$512,214 adjusted 3500 Lafayette Ave, Austin TX 78722 4bd / 2.0ba • 1,472 sqft • 0.1 mi Sold 10 months ago

$457,833 adjusted 3512 Lafayette Ave, Austin TX 78722 2bd / 2.0ba • 1,230 sqft • 0.2 mi Sold 7 months ago

Currently on Market

$749,000 1701 Simond Ave # 327, Austin TX 78723 3bd / 2.0ba • 1,352 sqft • 1 mi 49 days on market

$499,000 3406 E Martin Luther King Jr BLVD, Austin TX 78721 3bd / 2.0ba • 1,459 sqft • 1.3 mi 24 days on market

$715,000 3302 Cherrywood RD, Austin TX 78722 1bd / 2.0ba • 1,225 sqft • 0.3 mi 49 days on market

3 Beds

2 Baths 2 Full

1,353 Sq Ft

0.119 Acres

1939 Built

About This Property

Standing Seam Metal roof, recent stucco of bottom floor, and full exterior paint; full interior paint with no-VOC paint, Succulent garden up front with mature agave plants. This unique house was built in 1939 as a 1-1 with a detached garage. Later, a second floor was added with a vaulted ceiling, a loft, and three decks! The garage was converted to living space out back, but does not have plumbing. So there is a 20x20 room that works great as an office or artist studio or hobby room. SOLAR PANELSRestrictions: Yes

Features

Interior Steps
Multiple Living Areas
See Remarks

Location

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Schools

School District Austin ISD

Elementary Maplewood

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps, Private Yard

County Travis

MLS # 5590982

Tax Information

Annual Taxes (MLS) $6,301 (2012)

Listing History

MLS# 5590982 5 days

May 15, 2013	Off Market
Apr 10, 2013	Pending
Apr 5, 2013	Listed	$285,000

Frequently Asked Questions About 3309 Hollywood Ave, Austin TX 78722

When was 3309 Hollywood Ave, Austin TX 78722 built?

3309 Hollywood Ave, Austin TX 78722 was built in 1939.

How much does 3309 Hollywood Ave, Austin TX 78722 cost?

3309 Hollywood Ave, Austin TX 78722 sold on May 15, 2013. Contact us for sale price details.

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