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$700,180Estimated home value

Beds
3
Baths
2.5
sq ft
1,661

2927 E Martin Luther King Jr Blvd Unit 1, Austin, TX 78702

2927 E Martin Luther King Jr Blvd Unit 1

Austin, TX 78702

  • Off market
    • Price drop $16,000↓
Step into this alluring stand-alone located in Chestnut, a close-knit community in East Austin. The inviting, open floor-plan boasts soaring ceilings, and plentiful windows, which flood the space with an abundance of natural light. Neutral tones create an inviting and airy atmosphere. The kitchen is equipped with a gas range and built-in microwave. The stainless steel appliances are seamlessly integrated into the handle-less, high-gloss finished cabinetry, contributing to the overall contemporary aesthetic. A sleek breakfast bar with granite countertops, and a farmhouse sink complete the minimalistic design. On the second level, you will find 2 bedrooms, each with their own private balcony, overlooking the neighborhood. Retreat to the expansive Primary Suite on the third level, featuring a generous sized walk-in closet, and spacious balcony with views of the city. The en-suite bathroom is a spa-like haven, complete with an oversized shower, soaking tub, and dual vanities. Experience the perfect blend of comfort and sophistication, where every detail has been carefully curated to create a serene and indulgent sanctuary. Nestled in the heart of East Austin, this move-in-ready home beckons you to embrace the quintessential Austin lifestyle. Immerse yourself in the highly walkable neighborhood, where locally roasted coffee cafes, a diverse selection of restaurants, and easy access to the metro and UT Shuttle await within walking distance. Chestnut offers convenience, with an H-E-B just 2 miles away, and multiple parks nearby for outdoor enjoyment. The dynamic Mueller district is just minutes from your doorstep, providing exciting shopping and dining options. Don’t miss out on the opportunity to make this East Austin sanctuary your own – step into comfort, sophistication, and the quintessential Austin lifestyle!

Details

Property type

Single Family Residence

Est. home value

$700,180

Lot size

3,667.75 sq ft

Price per sq ft

$451

Year built

2020

Annual property taxes

$9,837.46

Monthly HOA fee

$50

Price History

07/05/2024
Austin

Austin #3167346

Removed
03/05/2024
Austin

Austin #3167346

Price change
$749,000
-2.09%
02/15/2024
Austin

Austin #3167346

Price change
$765,000
-1.29%

Schools & Community

Neighborhood: 

Rosewood

Elementary school: 

Campbell

Middle school: 

Kealing

High school: 

McCallum

Community features: 

Curbs, Sidewalks

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

$596,680
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$92,400
Cash to seller
$596,680

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

Seller’s Loan History

Lender

International Bank Of Commerce

Loan start date

March 2022

Original loan amount

$100,363

Est. remaining balance

$92,400

Interest rate

3.69%

Loan type

New Conventional, 20 year

Seller

Christian Boutros and Silvia Melissa Martinez Hernandez

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?

Status: Off Market

Tomo last checked: 07/07/2024 at 4:30 PM

Listing updated: 06/19/2024 at 2:59 PM

Listed by: Miranda Nicole, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #3167346

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