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4516 Merle Drive

4516 Merle Drive, Austin, TX 78745
Sold Apr 29, 2019
$605,400
$490,500 by Sofi Lending Corp
Mortgage Due Aug 01, 2050
Sold Mar 21, 2018
Transfer
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 4407  Merle DR, Austin, TX 78745

$1,100,000

  • 3 Beds
  • 3.5 Baths
  • 2,017 ft²
4407 Merle DR, Austin, TX 78745 Listing by Nicholas Landis

Unit for sale at 4005  Clawson RD, Austin, TX 78704

$925,000

  • 3 Beds
  • 2.5 Baths
  • 1,637 ft²
4005 Clawson RD #B, Austin, TX 78704 Listing by Meagan Clark

Unit for sale at 1317  Morgan LN, Austin, TX 78704

$899,900

  • 3 Beds
  • 2 Baths
  • 1,416 ft²
1317 Morgan LN, Austin, TX 78704 Listing by Clay Byrne

Local assessors in Austin, TX have categorized 4516 Merle Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 10,925 square feet. The linear feet between the front and back of the lot was measured at 1,820 ft and the front of the lot was measured at 600 ft. 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. 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 4516 Merle Drive has a total of 2,098 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 carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 hip 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. 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, 4516 Merle Drive sold most recently in Apr 26, 2019 for a total of $605,400. If you work out the math, that's approximately a cost of $288.56 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 $20,519 in taxes each year. 4516 Merle Drive was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $956,649. If we break it down further, the land itself was valued at $260,000. Improvements to the property, however, were assessed at a total of $696,649. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Parking

Carport Covered Parking Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,925
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,098
  • Gross Building Area: 1,428
  • Building Area: 2,098
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORD PLACE 1
  • Land Acres: 0.251
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N CEN 60FT OF LOT 12 BLK A FORD PLACE 1

Ownership

  • Current Owner : LOWN JAMES BRETT
  • Current Owner 2: LOWN MELANIE SMITH
  • Previous Owner : JBSC PROPERTIES LLC
  • Owner Before Previous Owner: RANDALL BRIAN MATTHEW
  • Owner Before Previous Owner 2: RANDALL DIANA CATALINA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002002

Geography

  • Account Number: 509255
  • Parcel: 04081201120000
  • Block: A
  • Lot: 12
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2268
  • Longitude: -97.7892

    Address

  • Full Address: 4516 Merle Dr
  • Address - House Number: 4516
  • Address - Street Name: Merle
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C003
  • 4-Digit Zip Code: 1730
  • Zip Code: 78745

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $20,519
  • Tax Rate Code Area: 02 2J 68

    Appraisal Valuation

  • Standard Deviation: 0.2891
  • Valuation Date: Sep 23, 2020
  • Confidence Score: 66
  • Final Value: 858,539
  • High Value: 1,106,806
  • Low Value: 610,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,500
  • First Open Lien Mortgage Lender: SOFI LENDING CORP
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Loan Amount: $490,500
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $956,649
  • Market Land Value: $260,000
  • Market Improvement Value: $696,649

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $956,649
  • Assessed Land Value: $260,000
  • Assessed Improvements Value: $696,649

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Transaction ID: 11602475220
  • Current Sale Price: $605,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2019059909
  • Previous Sale Recording Date: Mar 21, 2018
  • Previous Sale Contract Date: Mar 21, 2018
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY FCU
  • First Mortgage Transaction Date: Apr 29, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About South Manchaca



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Frequently Asked Questions

What neighborhood is 4516 Merle Drive located in?
The 4516 Merle Drive is a house located in the neighborhood of South Manchaca in South Manchaca, Austin.
What is the average sales price for listings in 4516 Merle Drive?
The average sales price for units in 4516 Merle Drive is $0 currently.

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