Seller's Agent in 2023
Drew Tate
Tate Property
(512) 680-5811
3 in this area
30 Total Sales
1512 Preston Ave Austin, TX 78703
Pemberton Heights NeighborhoodEstimated Value: $1,516,626 - $1,581,000
3
Beds
2
Baths
2,724
Sq Ft
$569/Sq Ft
Est. Value
Highlights
- Guest House
- Mature Trees
- 2 Fireplaces
- Casis Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of November 2023Pemberton Heights charmers in this condition are so rare that this exquisitely maintained 1937 home won’t last long. Nestled in one of Austin’s elite neighborhoods, 1512 Preston Ave. hearkens back to Austin’s rich architectural heritage. Walk across a beautifully appointed brick drive and you will find a versatile garage apartment, perfect for a home office, guest quarters or income potential. You won’t find another home of its era with this kind of convenience. You will fall in love as soon as you gaze upon the façade. The perfectly maintained exterior with lush landscaping sits under the cooling shade of a mature trees in both front and back yards so large you’ll need three people to wrap arms around their trunks. A quaint front porch looks out, calling for a pair of chairs and an evening with your favorite beveridge.
Enter the front door, and you are met with elegance. Timeless and classically appointed with built-ins throughout and two fireplaces, this home is ready made for showcasing your art collection and for entertaining. Bedrooms with gleaming original hardwoods make this a perfect fit for any family. An upstairs porch off the garage apartment is convenient for morning coffee or an evening sitting area. It overlooks a mature backyard set for pets, children and entertaining alike. Experience the allure of a bygone era with modern comforts on coveted Preston Avenue. NOTE: TCAD has 2724 Sq. Ft. - Main House 2244 sq. ft. 3 bed / 2 full bath, Garage Apartment 480 sq. ft. 1 bed 1 bath.
Last Listed By
Tate Property Brokerage Phone: (512) 680-5811 License #0407826 Listed on: 09/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,218
Year Built
- Built in 1937
Lot Details
- 8,250 Sq Ft Lot
- Southwest Facing Home
- Gated Home
- Wood Fence
- Mature Trees
- Back Yard Fenced and Front Yard
- Property is in good condition
Parking
- 2 Car Garage
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
- Membrane Roofing
- Aluminum Siding
Interior Spaces
- 2,724 Sq Ft Home
- 1-Story Property
- Bookcases
- 2 Fireplaces
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Window Treatments
- Wood Frame Window
Kitchen
- Free-Standing Gas Range
- Freezer
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Casis Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Above Ground Utilities
- Natural Gas Connected
- Cable TV Available
Additional Features
- Front Porch
- Guest House
Listing and Financial Details
- Assessor Parcel Number 01160001140000
- Tax Block 16B
Community Details
Overview
- No Home Owners Association
- Pemberton Heights Sec 07 Subdivision
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2023
Closed on
Nov 17, 2023
Sold by
Chote Eleanor Tyler
Bought by
Frankenberg Sean and Shelley Elizabeth
Seller's Agent
Drew Tate
Tate Property
Buyer's Agent
Anna Lee
Moreland Properties
List Price
$1,798,000
Sold Price
$1,550,000
Premium/Discount to List
-$248,000
-13.79%
Total Days on Market
39
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,187
Avg. Annual Appreciation
-0.05%
Original Mortgage
$1,240,000
Outstanding Balance
$1,223,006
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$325,807
Purchase Details
Closed on
Jan 28, 2010
Sold by
Chote Richard Woolsey and Chote Eleanor Ann
Bought by
Chote Richard W and Chote Eleanor Tyler
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frankenberg Sean | -- | Heritage Title | |
| Chote Richard W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frankenberg Sean | $1,240,000 | |
| Previous Owner | Chote Richard Woolsey | $32,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | -- | -- | -- |
| 10/10/2023 10/10/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | Price Changed | $1,698,000 | -5.6% | $623 / Sq Ft |
| 09/01/2023 09/01/23 | For Sale | $1,798,000 | -- | $660 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $13,050 | $1,493,419 | $0 | $0 |
| 2022 | $25,145 | $1,273,225 | $0 | $0 |
| 2021 | $24,476 | $1,124,487 | $750,000 | $454,909 |
| 2020 | $21,241 | $990,300 | $750,000 | $240,300 |
| 2018 | $20,532 | $927,391 | $750,000 | $177,391 |
| 2017 | $19,160 | $859,160 | $600,000 | $259,160 |
| 2016 | $18,028 | $808,367 | $600,000 | $231,935 |
| 2015 | $10,410 | $734,879 | $550,000 | $297,265 |
| 2014 | $10,410 | $668,072 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Tate
-
Pat Tate
Seller Co-Listing Agent in 2023
Pat Tate
Tate Property
(512) 633-0151
4 in this area
27 Total Sales
-
Anna Lee
Buyer's Agent in 2023
Anna Lee
Moreland Properties
(512) 968-6419
7 in this area
103 Total Sales
Map
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3619639
APN: 115640
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