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408 West 55th Street

408 West 55th Street, Austin, TX 78751
House in North Loop
Sold Sep 03, 2019
$503,100
$402,500 by G Capital Llc
Mortgage
Sold Jul 18, 2019
$512,500
$410,000 by Strata Trust Co
Mortgage Due Jan 16, 2020
Local assessors in Austin, TX have categorized 408 West 55th Street as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 6,464 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 408 West 55th Street has a total of 1,704 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of composition shingle. Residents rely on air conditioning for their cooling system. The home's a 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. The property was last sold in Aug 30, 2019 for $503,100. That's $295.25 per sqft. Prior to that sales transaction, the property was also sold in Jul 16, 2019 for $512,500. 408 West 55th Street was last assessed in 2019. The total value of the property was assessed at $374,300. Specifically, the land the property is located on was valued at $275,000. While improvements on the property were assessed at a total of $99,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,028. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,464
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHFIELD ANNEX NO 2
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BLK 2 NORTHFIELD ANNEX NO 2

Ownership

  • Current Owner : ATX URBAN HOMES LLC
  • Previous Owner : RECRATE AUSTIN LLC
  • Owner Before Previous Owner: KOLKER THOMAS L
  • Owner Before Previous Owner 2: WUAMETT MICHAEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 001503

Geography

  • Account Number: 224963
  • Parcel: 02250905220000
  • Block: 2
  • Lot: 10
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3222
  • Longitude: -97.7241

    Address

  • Full Address: 408 W 55th St
  • Address - House Number: 408
  • Street Direction: W
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Austin
  • Carrier Code: C011
  • 4-Digit Zip Code: 1104
  • Zip Code: 78751

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $8,028
  • Tax Rate Code Area: 02 2J 68

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Nov 27, 2019
  • Confidence Score: 75
  • Final Value: 490,507
  • High Value: 608,613
  • Low Value: 372,401

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,500
  • First Open Lien Mortgage Lender: G CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Sep 03, 2019
  • First Open Lien Mortgage Loan Amount: $402,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $374,300
  • Market Land Value: $275,000
  • Market Improvement Value: $99,300

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $374,300
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $99,300

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Transaction ID: 11644030761
  • Current Sale Price: $503,100
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2019134943
  • Previous Sale Recording Date: Jul 18, 2019
  • Previous Sale Contract Date: Jul 16, 2019
  • Previous Sale Amount: $512,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: G CAPITAL LLC
  • First Mortgage Transaction Date: Sep 03, 2019
  • First Mortgage Loan Amount: $402,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: STRATA TRUST CO
  • Previous Mortgage Transaction Date: Jul 18, 2019
  • Previous Mortgage Loan Amount: $410,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 16, 2020

About North Loop



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Nearby Rentals

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$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,017 ft²
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$2,800 /mo

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$2,600 /mo

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Unit for rent at

$2,799 /mo

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Listing by John Martin
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$2,400 /mo

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Frequently Asked Questions

What neighborhood is 408 West 55th Street located in?
The 408 West 55th Street is a house located in the neighborhood of North Loop in North Loop, Austin.
What is the average sales price for listings in 408 West 55th Street?
The average sales price for units in 408 West 55th Street is $0 currently.

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