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7306 Inspiration Drive

7306 Inspiration Drive, Austin, TX 78724
Property in Las Cimas
Sold Jun 15, 2017
$286,000
$228,800 by Churchill Mortgage Corp
Mortgage Due Jul 01, 2047
Sold Mar 22, 2006
$96,800
$95,500 by Americahomekey Inc
Mortgage Due Apr 01, 2036
7306 Inspiration 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. However, we must point out that the home was most recently renovated and altered in 1978. 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, 7306 Inspiration Drive has 1,533 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 1,150 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 8,607 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 507 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 building has a gable style roof made of composition shingle. 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, 7306 Inspiration Drive sold most recently in Jun 15, 2017 for a total of $286,000. If you work out the math, that's approximately a cost of $140.20 per sqft. Before that, the property was also sold for $96,800 in Mar 17, 2006. 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 $3,732 in taxes each year. 7306 Inspiration Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $252,863. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 507
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,607
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 1,533
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,533
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAS CIMAS SEC 1
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 BLK 24 LAS CIMAS SEC 1

Ownership

  • Current Owner : MIKELL FRANKLIN E
  • Current Owner 2: ZIZANOVIC KRISTINA
  • Previous Owner : MAGUIRE SEAN FRANCIS
  • Previous Owner 2: MAGUIRE MELISSA
  • Owner Before Previous Owner: JOHNSON SHERMAN
  • Owner Before Previous Owner 2: JOHNSON WILLIE PEARL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002201

Geography

  • Assessors Map Reference: 0223300117
  • Account Number: 222854
  • Parcel: 222854
  • Block: 24
  • Lot: 31
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3116
  • Longitude: -97.653

    Address

  • Full Address: 7306 Inspiration Dr
  • Address - House Number: 7306
  • Address - Street Name: Inspiration
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C055
  • 4-Digit Zip Code: 3335
  • Zip Code: 78724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,732
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2574
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 63
  • Final Value: 489,718
  • High Value: 615,774
  • Low Value: 363,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,800
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 15, 2017
  • First Open Lien Mortgage Loan Amount: $228,800
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $424,216
  • Market Land Value: $100,000
  • Market Improvement Value: $324,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,863

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2017
  • Current Sale Recording Date: Jun 15, 2017
  • Current Sale Transaction ID: 1589455593
  • Current Sale Price: $286,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2017096197
  • Previous Sale Recording Date: Mar 22, 2006
  • Previous Sale Contract Date: Mar 17, 2006
  • Previous Sale Amount: $96,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 15, 2017
  • First Mortgage Loan Amount: $228,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAHOMEKEY INC
  • Previous Mortgage Transaction Date: Mar 22, 2006
  • Previous Mortgage Loan Amount: $95,500
  • 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: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 7306 Inspiration Drive located in?
The 7306 Inspiration Drive is a located in the neighborhood of Las Cimas in Las Cimas, Austin.
What is the average sales price for listings in 7306 Inspiration Drive?
The average sales price for units in 7306 Inspiration Drive is $0 currently.

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