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1501 Sharps Road

1501 Sharps Road, Austin, TX 78734
Sold Aug 29, 2022
$703,100
$562,500 by Pilgrim Mortgage Llc
Mortgage Due Sep 01, 2052
Local assessors in Austin, TX have categorized 1501 Sharps Road as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 8,995 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1501 Sharps Road has a total of 1,576 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 279 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt and ply sheets in a built-up roof style. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1501 Sharps Road sold most recently in Aug 29, 2022 for a total of $703,100. If you work out the math, that's approximately a cost of $379.03 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,629 in taxes each year. 1501 Sharps Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $646,790. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $546,790. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Roof Shape Type: Gable
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 279
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,995
  • Total Building Area: 1,855
  • Gross Building Area: 1,855
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: APACHE SHORES SEC 5
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLK L APACHE SHORES SEC 5

Ownership

  • Current Owner : SORENSON JOHN E
  • Previous Owner : PJAMB CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lake Travis Independent School District
  • Census Tract: 031500

Geography

  • Assessors Map Reference: 0143600151
  • Account Number: 963310
  • Parcel: 963310
  • Block: L
  • Lot: 14
  • Latitude: 30.3741
  • Longitude: -97.9356

    Address

  • Full Address: 1501 Sharps Rd
  • Address - House Number: 1501
  • Address - Street Name: Sharps
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Austin
  • Carrier Code: R015
  • 4-Digit Zip Code: 3131
  • Zip Code: 78734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,629
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 582,818
  • High Value: 725,282
  • Low Value: 440,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $562,500
  • First Open Lien Mortgage Lender: PILGRIM MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $562,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $646,790
  • Market Land Value: $100,000
  • Market Improvement Value: $546,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $646,790
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $546,790

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895450156
  • Current Sale Price: $703,100
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 145643

    Last Sale Mortgage

  • First Mortgage Lender: PILGRIM MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 29, 2022
  • First Mortgage Loan Amount: $562,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

About Apache Shores



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Frequently Asked Questions

What neighborhood is 1501 Sharps Road located in?
The 1501 Sharps Road is a house located in the neighborhood of Apache Shores in Apache Shores, Austin.
What is the average sales price for listings in 1501 Sharps Road?
The average sales price for units in 1501 Sharps Road is $0 currently.

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