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$375,000

Beds
2
Baths
2.0
sq ft
1,031

3001 Cedar St Unit A, Austin, TX 78705

3001 Cedar St Unit A

Austin, TX 78705

  • 177 days on market
    • Price drop $5,000↓
Central Austin gated community. Located just north of the University is ideal for professionals and students alike. Close to law school, engineering, LBJ Library & DKR! In a quiet corner of the North University area, this fantastic 2 bedroom 2 full baths features luxury vinyl plank flooring throughout, fresh paint and upgraded countertops in kitchen and bathrooms. Two covered patios with all appliances including washer and dryer. Community pool and hot tub, 2 reserved parking spaces in garage. HOA services include water, trash, exterior maintenance, and grounds care. Don't miss this opportunity! Furniture is available and leaseback until May is optional.

Details

Property type

Condominium

Est. home value

$355,683

Lot size

1,001.88 sq ft

Price per sq ft

$364

Year built

1985

Annual property taxes

$4,511

Monthly HOA fee

$407

Price History

05/01/2024
Austin

Austin #2978255

Price change
$375,000
-1.32%
04/15/2024
Austin

Austin #2978255

Price change
$380,000
-1.3%
01/21/2024
Austin

Austin #2978255

Listed
$385,000

Schools & Community

Neighborhood: 

North University

Elementary school: 

Lee

Middle school: 

Kealing

High school: 

McCallum

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

$167,620
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$177,380
Cash to seller
$167,620

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

Seller’s Loan History

Lender

Loanpeople Llc

Loan start date

May 2022

Original loan amount

$200,000

Est. remaining balance

$177,380

Interest rate

3.63%

Loan type

New Conventional, 15 year

Seller

Ina Urbatsch and Joachim Weber

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: Active

Tomo last checked: 07/17/2024 at 2:50 AM

Listing updated: 06/03/2024 at 2:54 PM

Listed by: Mark Kolbensvik, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #2978255

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