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7801 Ridgestone Drive

7801 Ridgestone Drive, Austin, TX 78731
Sold Jan 11, 2021
$1,351,100
$1,080,863 by Silicon Valley Bank
Mortgage Due Feb 01, 2051
Sold Oct 31, 2019
$1,375,000
$1,100,000 by Silicon Valley Bank
Mortgage Due Nov 01, 2049
Local assessors in Austin, TX have categorized 7801 Ridgestone Drive as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 13,048 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 1,000 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, 5 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 5 full bathrooms. There are also 5 partial 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 7801 Ridgestone Drive has a total of 4,166 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 attached garage for those who need a place to park their vehicle. The garage on the property is 506 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7801 Ridgestone Drive was last sold in Jan 5, 2021 for $1,351,100. According to our calculations, that's $289.19 per sqft. Prior to that sales transaction, the property was sold for $1,375,000 in Oct 30, 2019. Current property owners are expected to pay $26,628 in taxes per year. The property on 7801 Ridgestone Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,653,469. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
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: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,048
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,672
  • Gross Building Area: 4,932
  • Building Area: 4,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWEST HILLS NORTHWEST OAKS II
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK G NORTHWEST HILLS NORTHWEST OAKS II

Ownership

  • Current Owner : BOOTH RUSSELL E
  • Current Owner 2: THE GRAMERCY TRUST
  • Previous Owner : RIDGESTONE INTERESTS LLC
  • Owner Before Previous Owner: HUMPHREYS CAPITAL LTD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 032200

Geography

  • Assessors Map Reference: 0142020403
  • Account Number: 141499
  • Parcel: 141499
  • Block: G
  • Lot: 9
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3654
  • Longitude: -97.7557

    Address

  • Full Address: 7801 Ridgestone Dr
  • Address - House Number: 7801
  • Address - Street Name: Ridgestone
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C013
  • 4-Digit Zip Code: 1410
  • Zip Code: 78731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,628
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 1,679,640
  • High Value: 2,085,535
  • Low Value: 1,273,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,080,863
  • First Open Lien Mortgage Lender: SILICON VALLEY BANK
  • First Open Lien Mortgage Recording Date: Jan 11, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,080,863
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $1,927,414
  • Market Land Value: $650,000
  • Market Improvement Value: $1,277,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,653,469

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Transaction ID: 11818785525
  • Current Sale Price: $1,351,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021006368
  • Previous Sale Recording Date: Oct 31, 2019
  • Previous Sale Contract Date: Oct 30, 2019
  • Previous Sale Amount: $1,375,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SILICON VALLEY BANK
  • First Mortgage Transaction Date: Jan 11, 2021
  • First Mortgage Loan Amount: $1,080,863
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SILICON VALLEY BANK
  • Previous Mortgage Transaction Date: Oct 31, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 7801 Ridgestone Drive located in?
The 7801 Ridgestone Drive is a house located in the neighborhood of Northwest Hills Northwest Oaks in Northwest Hills Northwest Oaks, Austin.
What is the average sales price for listings in 7801 Ridgestone Drive?
The average sales price for units in 7801 Ridgestone Drive is $0 currently.

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