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2705 Island Ledge Cove

2705 Island Ledge Cove, Austin, TX 78746
Sold Aug 29, 2016
$2,717,400
$3,960,000 by Independent Bank
Mortgage Due Sep 09, 2024
Sold Nov 24, 2014
Transfer
2705 Island Ledge Cove has been categorized by the local assessors in Austin, TX as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 6 bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2705 Island Ledge Cove has 10,637 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 58,161 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 985 sqft. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2705 Island Ledge Cove sold most recently in Aug 24, 2016 for a total of $2,717,400. If you work out the math, that's approximately a cost of $233.82 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 $82,177 in taxes each year. 2705 Island Ledge Cove was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,150,700. If we break it down further, the land itself was valued at $1,500,000. Improvements to the property, however, were assessed at a total of $3,650,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 985
  • Parking Space Count: 6
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 58,161
  • Total Building Area: 11,622
  • Gross Building Area: 11,622
  • Building Area: 10,637
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 10,637
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLAND ON WESTLAKE
  • Land Acres: 1.335
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLK A ISLAND ON WESTLAKE

Ownership

  • Current Owner : KALANTARI HASSAN
  • Current Owner 2: KALANTARI NOSSRAT
  • Previous Owner : 11TH & GRAND LLC
  • Owner Before Previous Owner: KOCHER JOEL J
  • Owner Before Previous Owner 2: KOCHER ANNMARIE A

Neighborhood

  • School District Name: Eanes Independent School District
  • School Tax School District: EANES ISD
  • Census Tract: 001913

Geography

  • Assessors Map Reference: 0123090235
  • Account Number: 375070
  • Parcel: 375070
  • Block: A
  • Lot: 8
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.3117
  • Longitude: -97.7815

    Address

  • Full Address: 2705 Island Ledge Cv
  • Address - House Number: 2705
  • Address - Street Name: Island Ledge
  • Address - Suffix Type: Cv
  • State: TX
  • City Name: Austin
  • Carrier Code: C052
  • 4-Digit Zip Code: 1982
  • Zip Code: 78746

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,177
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 4,515,152
  • High Value: 5,630,450
  • Low Value: 3,399,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,960,000
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2016
  • First Open Lien Mortgage Loan Amount: $3,960,000
  • First Open Lien Mortgage Term: 93
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 09, 2024

    Market Valuation

  • Market Total Value: $5,150,700
  • Market Land Value: $1,500,000
  • Market Improvement Value: $3,650,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,150,700
  • Assessed Land Value: $1,500,000
  • Assessed Improvements Value: $3,650,700

    Sales

  • Current Sale Contract Date: Aug 24, 2016
  • Current Sale Recording Date: Aug 29, 2016
  • Current Sale Transaction ID: 1768846681
  • Current Sale Price: $2,717,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016142161
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Contract Date: Nov 21, 2014
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Aug 29, 2016
  • First Mortgage Loan Amount: $2,173,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Island on Westlake



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Nearby Rentals

Unit for rent at 1821  Westlake Dr, Austin, TX, 78746

$3,995 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,980 ft²
1821 Westlake Dr, Austin, TX, 78746 Listing by Kristie Bryant

Frequently Asked Questions

What neighborhood is 2705 Island Ledge Cove located in?
The 2705 Island Ledge Cove is a house located in the neighborhood of Island on Westlake in Island on Westlake, Austin.
What is the average sales price for listings in 2705 Island Ledge Cove?
The average sales price for units in 2705 Island Ledge Cove is $0 currently.

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