5931 Cherry LOOP, Austin TX 78745

Off Market

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Ed's Opinion of Value

$287,013 Ed's Estimate: $359,995 $468,000

Lowest Comp Recommended List: $450,000 to $474,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $359,995. For a well positioned listing in CHERRY CREEK EAST, I'd target the $450,000 to $474,000 range. With 7 comparable homes on the market in CHERRY CREEK EAST, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in CHERRY CREEK EAST (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 1013 Austin Highlands BLVD, Austin TX 78745, with an adjusted value of $293,161; a strong comparable. 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

78745 Market Trends

$460,000 Median Sold Price ▼ 5.2% 6mo

$315/sqft Median $/SqFt ▼ 3.1% 6mo

62 days Avg Days on Market 7 days slower

282 homes Active Inventory 5.9 mo supply

96.7% Sale-to-List Ratio

285 Sales (6 months)

Recently Sold Comparables

$293,161 adjusted 1013 Austin Highlands BLVD, Austin TX 78745 3bd / 2.0ba • 1,285 sqft • 0.5 mi Sold 1 months ago

$387,109 adjusted 6401 Capriola DR, Austin TX 78745 4bd / 2.0ba • 1,282 sqft • 0.5 mi Sold 8 days ago

$348,655 adjusted 5907 GLENHOLLOW PATH, Austin TX 78745 3bd / 2.0ba • 1,333 sqft • 0.5 mi Sold 3 months ago

$449,207 adjusted 1627 Chippeway LN, Austin TX 78745 3bd / 2.0ba • 1,318 sqft • 0.6 mi Sold 11 months ago

$287,013 adjusted 6410 Middleham PL, Austin TX 78745 3bd / 2.0ba • 1,370 sqft • 0.5 mi Sold 5 months ago

Currently on Market

$335,000 6300 Libyan DR, Austin TX 78745 3bd / 2.0ba • 1,339 sqft • 0.3 mi 157 days on market

$295,000 1637 Chippeway LN, Austin TX 78745 3bd / 2.0ba • 1,214 sqft • 0.6 mi 2 days on market

$468,000 6510 King George DR, Austin TX 78745 3bd / 2.0ba • 1,340 sqft • 0.5 mi 29 days on market

4 Beds

2 Baths 2 Full

1,304 Sq Ft

0.155 Acres

1972 Built

1 Garage

About This Property

Cute 4/2 home with great layout and spacious backyard. Owner has done some updates including enclosing patio for oversize 4th bedroom or second living space at the back of the house. Great location, minutes to downtown. Motivated Seller, Must See!Restrictions: Yes

Features

Beamed Ceilings
High Ceilings
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Odom

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Laminate

Cooling Central Air, Wall/Window Unit(s)

Heating Central

Exterior None

County Travis

MLS # 7661603

Parking

Garage 1 spaces

Tax Information

Annual Taxes $2,914 (2014)

Listing History

MLS# 7661603 42 days

Dec 31, 2015	Off Market
Nov 20, 2015	Pending
Nov 5, 2015	Price Change	$225,000
Oct 9, 2015	Listed	$239,900

Frequently Asked Questions About 5931 Cherry LOOP, Austin TX 78745

When was 5931 Cherry LOOP, Austin TX 78745 built?

5931 Cherry LOOP, Austin TX 78745 was built in 1972.

How much does 5931 Cherry LOOP, Austin TX 78745 cost?

5931 Cherry LOOP, Austin TX 78745 sold on December 31, 2015. Contact us for sale price details.

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