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$690,000

Beds
2
Baths
1.0
sq ft
830

1716 S 5th St Unit 1, Austin, TX 78704

1716 S 5th St Unit 1

Austin, TX 78704

  • 318 days on market
    • Price drop $35,000↓
Walk, run, or ride your bike to this conveniently located Bouldin property with a fully fenced in private yard. This home offers modern updates like a metal roof, gas cooktop, built-in oven & microwave, central HVAC, all while still keeping the classic charm you expect from a South Austin cottage. Also included is a separate workshop that would be great for a sperate office or extra storage.

Details

Property type

Single Family Residence

Est. home value

$692,163

Lot size

3,458.66 sq ft

Price per sq ft

$832

Year built

1953

Annual property taxes

$16,838.35

HOA

No

Price History

08/26/2024
Austin

Austin #3214849

Price change
$690,000
-4.83%
07/03/2024
Austin

Austin #3214849

Price change
$725,000
-5.23%
07/01/2024
Austin

Austin #3214849

Listed
$765,000

Schools & Community

Neighborhood: 

Bouldin

Elementary school: 

Becker

Middle school: 

Lively

High school: 

Travis

Community features: 

None

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$196,390
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$438,410
Cash to seller
$196,390

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

October 2020

Original loan amount

$479,999

Est. remaining balance

$438,410

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Mandar P Desai

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/22/2024 at 4:15 AM

Listing updated: 08/31/2024 at 3:04 PM

Listed by: Mark Murrell, JBGoodwin REALTORS WL Phone #: (512) 502-7601

MLS: Austin #3214849

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