|First Listed:||2/22/2020 (DOM:37)|
|$915,300.00 Below County Tax Appraisal|
|$1,246,730.00 Below Smart Appraisal* Value|
|Online Value Estimate:||$2,321,000.00|
Property Description: Potomac Village Beauty. This home was designed with entertaining in mind. 4 finished levels Plus 2 pools and pool house on 2+ private acres. Features include Wide center entry hall with Grand flowing staircase, formal dining room , 2 story family room with balcony and spiral stairs, tall ceiling study with paneled walls and gourmet style kitchen with fireplace. The upper level includes a secluded master suite with fireplace and separate dressing room plus 4 other ample sized bedrooms also with private baths. The lower level offers a dancing floor plus workout room, sauna, extra bedroom and indoor resistance pool. The rear garden area includes a 20 by 50 foot pool with spa and Self contained pool house. The property is in need of some TLC to bring it back to polished gem status.
PROPERTY ADDRESS: Get Free Account to View
|Profit/Loss Potential Analysis (B)||Price-And-Amounts||Descripton / Notes / Comments|
|Current Asking Price||$2,399,000||Original asking price of $2,399,000. Listed on Market 37 days ago.|
|Your Reccommended Offer Price! (T)||$2,034,952||
Offer Price Based on ** Already being on market for 37 days. ** Comments on property indicating the seller is motivated (Flip - Needs Repairs)|
37 Days on Market. Original Price of $2,399,000.00. Property was built in 1989. If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 37 Days on Market. ((Make Offer!))
|Estimated Repairs based on property age and square footage.||+$149,858||Property was built in 1989 and has 11066 Square Feet. Adjust this Estimated Repairs number based on images below as needed.|
|Total Investment||$2,184,810||Need Financing to Do This Deal? Contact our Customer-Assistance Office Here|
|Estimated Selling Price after repairs/updates.||$2,833,652||
$2,833,652 ARV Estimate was determined using a combination of the following: |
* $2,698,716.00 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property.
* $3,546,301 Value Estimate based on Home being worth 7% more than Tax Appraisal of: $3,314,300
|Estimated Net Received after selling fees/closing costs.||$2,677,801||
After Closing Fees, Realtor Fees, and Other Costs (Estimated at $155,851).
||Estimated Potential Profit||$492,991||
Our Property Genius calculated these numbers. Have your Realtor Review These #'s.
County Tax Appraised value is . Usually, the tax-value is about 7% below actual value, but it can be off by more. Increasing county appraised value by 7% results in an after repairs value of $0.
6836 Bee Cave RD Suite 259
Austin, TX 78746