700 E 45 1/2 ST, Austin TX 78751

Off Market

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Ed's Opinion of Value

$460,511 Ed's Estimate: $663,335 $825,315

Lowest Comp Recommended List: $348,000 to $358,000 Highest Comp

Based on 7 closed sales in RIDGETOP ANNEX, the data points to a value around $663,335 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $348,000 to $358,000. This home's position in the current RIDGETOP ANNEX market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The active market in RIDGETOP ANNEX includes 7 comparable homes priced from $324,900 to $800,000. Market data shows RIDGETOP ANNEX prices fallen 28.6% over the last half year. The closest comparable sale, 4709 Red River ST, Austin TX 78751 at an adjusted $602,224, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIDGETOP ANNEX. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

RIDGETOP ANNEX Market Trends

$592,000 Median Sold Price ▼ 28.6% 6mo

$489/sqft Median $/SqFt ▲ 12.8% 6mo

63 days Avg Days on Market 85 days faster

4 homes Active Inventory 4 mo supply

96.2% Sale-to-List Ratio

6 Sales (6 months)

Recently Sold Comparables

$602,224 adjusted 4709 Red River ST, Austin TX 78751 3bd / 2.0ba • 1,332 sqft • 0.3 mi Sold 6 months ago

$595,977 adjusted 703 E 47th ST, Austin TX 78751 2bd / 1.0ba • 1,288 sqft • 0.1 mi Sold 4 months ago

$704,262 adjusted 1006 E 44th ST, Austin TX 78751 3bd / 2.0ba • 1,443 sqft • 0.3 mi Sold 4 months ago

$825,315 adjusted 510 E 38th ST, Austin TX 78705 3bd / 2.0ba • 1,278 sqft • 0.7 mi Sold 10 months ago

$460,511 adjusted 1027 E 43rd ST, Austin TX 78751 2bd / 2.0ba • 1,407 sqft • 0.5 mi Sold 8 months ago

Currently on Market

$639,000 4811 Red River ST, Austin TX 78751 4bd / 3.0ba • 1,332 sqft • 0.4 mi 1 days on market

$800,000 4010 Avenue B Ave, Austin TX 78751 3bd / 2.0ba • 1,349 sqft • 0.8 mi 125 days on market

$709,000 307 E 35th ST # A, Austin TX 78705 3bd / 2.0ba • 1,463 sqft • 0.9 mi 46 days on market

3 Beds

2 Baths 2 Full

1,347 Sq Ft

0.147 Acres

1940 Built

About This Property

Tons of Investment Potential! Greater square footage than most other same age properties in area, PLUS Utility Room, PLUS 2 Car Carport, PLUS attached workshop. Neighbor turned their workshop into a rentable unit! Corner lot. Park & BBall court across the street. Did I mention original hardwoods? Oh yeah, and it has a NEW roof! :)FEMA - Unknown

Features

Multiple Living Areas
Primary Bedroom on Main
See Remarks

Location

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Schools

School District Austin ISD

Elementary Lee

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Linoleum, Wood, See Remarks

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5988079

Tax Information

Annual Taxes (MLS) $4,328 (2012)

Listing History

MLS# 5988079 38 days

Dec 7, 2012	Off Market
Sep 28, 2012	Pending
Sep 24, 2012	Price Change	$299,999
Aug 21, 2012	Listed	$315,000

Frequently Asked Questions About 700 E 45 1/2 ST, Austin TX 78751

When was 700 E 45 1/2 ST, Austin TX 78751 built?

700 E 45 1/2 ST, Austin TX 78751 was built in 1940.

How much does 700 E 45 1/2 ST, Austin TX 78751 cost?

700 E 45 1/2 ST, Austin TX 78751 sold on December 7, 2012. Contact us for sale price details.

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