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$999,000

Beds
4
Baths
2.5
sq ft
1,885

3507 Hollywood Ave, Austin, TX 78722

3507 Hollywood Ave

Austin, TX 78722

  • 80 days on market
Who doesn't want to live on, or at least visit, Hollywood in Austin, Texas- might just be the best of both worlds!!! This home, located in the heart of Austin near the French Place/Cherrywood neighborhoods, has recently been completely renovated with quality finishes throughout and incredible attention to detail. Currently being used as a licensed Short Term Rental (STR), through AirBnB with 5 star ratings, based on location, check-in, cleanliness, accuracy, and value! It can be purchased with "ALL" furnishings (See the list in the MLS attached documents) BUT the price in MLS does NOT include any of the furniture or decor items. Those can be purchased separately and would be a huge benefit to anyone planning to use it as an STR due to the painstaking attention to detail by the owner making it perfect. See their notes in the MLS documents for details on the STR whole STR experience and how to make it even better if you wish. If you are not interested in letting the rest of the world stay in your little slice of Hollywood here the home is absolutely move in ready with a primary bedroom and exquisite bath plus an extra guest bath downstairs. The open concept living and dining allow for flexibility of space and the french doors open onto a covered patio with extended deck area for grilling and dining before you move over to the fire pit area to watch TV or the hot tub in a separate cabana with privacy drapes. Guests have described this as a backyard oasis! The kitchen has been completely gutted and rearranged to make it more functional with a new added coffee/dry bar area. Check out the entire list of renovations made in the attached MLS docs. Enjoy everything this location offers including a short walk to the Cherrywood Park, Cherrywood Coffeehouse, or a quick drive to the Mueller area, or to the nearest light rail station at MLK to head to the Q2/Domain area, University of Texas events just across the highway, and much more

Details

Property type

Single Family Residence

Est. home value

$791,045

Lot size

5,039.89 sq ft

Price per sq ft

$530

Year built

1995

Annual property taxes

$13,544.93

Price History

04/16/2024
Austin

Austin #4612166

Listed
$999,000

Schools & Community

Neighborhood: 

Upper Boggy Creek

Elementary school: 

Maplewood

Middle school: 

Kealing

High school: 

McCallum

Community features: 

Park

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

$465,891
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$453,189
Cash to seller
$465,891

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2023

Original loan amount

$458,950

Est. remaining balance

$453,189

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Paul Regier and Rosa Regier

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: 07/04/2024 at 10:30 PM

Listing updated: 05/18/2024 at 1:02 PM

Listed by: Diane Kennedy, Coldwell Banker Realty Phone #: (512) 343-7500

MLS: Austin #4612166

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