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707 Knollwood Drive

707 Knollwood Drive, Austin, TX 78746
Property in Knollwood
Sold Apr 27, 2009
$97,500
$78,000 by Chad Smith
Mortgage
Sold Oct 24, 2005
$174,800
$172,500 by Stratus Mortgage Llc
Mortgage Due Nov 01, 2035
707 Knollwood Drive 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 1974 and is 50 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 707 Knollwood Drive has 1,788 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 15,856 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 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 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, 707 Knollwood Drive sold most recently in Apr 24, 2009 for a total of $97,500. If you work out the math, that's approximately a cost of $44.16 per sqft. Before that, the property was also sold for $174,800 in Oct 21, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,328 in taxes each year. 707 Knollwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,018,295. If we break it down further, the land itself was valued at $450,000. Improvements to the property, however, were assessed at a total of $568,295. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,856
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 1,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNOLLWOOD RESUB OF LOTS 24-26
  • Land Acres: 0.364
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W137.19 FT AV OF LOT 26B KNOLLWOOD RESUB OF LOTS 24-26

Ownership

  • Current Owner : SUN MIN LING
  • Current Owner 2: LAI CHEW YOON
  • Previous Owner : SMITH CHAD
  • Owner Before Previous Owner: EASTMAN BRADFORD S
  • Owner Before Previous Owner 2: KIDO ICHIKO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eanes Independent School District
  • School Tax School District: EANES ISD
  • Census Tract: 001917

Geography

  • Assessors Map Reference: 0115250210
  • Account Number: 115373
  • Parcel: 115373
  • Lot: 26B
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.2958
  • Longitude: -97.8343

    Address

  • Full Address: 707 Knollwood Dr
  • Address - House Number: 707
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C029
  • 4-Digit Zip Code: 5136
  • Zip Code: 78746

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,328
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 1,039,231
  • High Value: 1,293,259
  • Low Value: 785,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,000
  • First Open Lien Mortgage Lender: CHAD SMITH
  • First Open Lien Mortgage Recording Date: Apr 27, 2009
  • First Open Lien Mortgage Loan Amount: $78,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $1,018,295
  • Market Land Value: $450,000
  • Market Improvement Value: $568,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,018,295
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $568,295

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2009
  • Current Sale Recording Date: Apr 27, 2009
  • Current Sale Transaction ID: 1205790008
  • Current Sale Price: $97,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2009066864
  • Previous Sale Recording Date: Oct 24, 2005
  • Previous Sale Contract Date: Oct 21, 2005
  • Previous Sale Amount: $174,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CHAD SMITH
  • First Mortgage Transaction Date: Apr 27, 2009
  • First Mortgage Loan Amount: $78,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: STRATUS MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 24, 2005
  • Previous Mortgage Loan Amount: $172,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Knollwood



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Frequently Asked Questions

What neighborhood is 707 Knollwood Drive located in?
The 707 Knollwood Drive is a located in the neighborhood of Knollwood in Knollwood, Austin.
What is the average sales price for listings in 707 Knollwood Drive?
The average sales price for units in 707 Knollwood Drive is $0 currently.

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