|Address:||Get Free Account To View!|
|First Listed:||2/20/2020 (DOM:43)|
|Agent:||Get Free Account To View!|
|Agent Phone:||Get Free Account To View!|
|$53,900.00 Below County Tax Appraisal|
|$131,790.00 Below Smart Appraisal* Value|
Property Description: Elmore Farm c. 1820's on 40 acres in 2 parcels bound by Goose Creek. Gracious old home with original floors and stone fireplaces, high ceilings and huge back porch. 4+ bedrooms and in law suite - Bright kitchen with family room addition for today's living - great views and open pasture & pond. True old Virginia home. Sold in AS IS condition.
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|Profit/Loss Potential Analysis (B)||Price-And-Amounts||Descripton / Notes / Comments|
|Current Asking Price||$725,000||Original asking price of $725,000. Listed on Market 43 days ago.|
|Your Reccommended Offer Price! (T)||$607,913||
Offer Price Based on ** Already being on market for 43 days. ** Property being an older home meaning more repairs. Built in 1826.|
43 Days on Market. Original Price of $725,000.00. Property was built in 1826. If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 43 Days on Market. ((Make Offer!))
|Estimated Repairs based on property age and square footage.||+$220,499||Property was built in 1826 and has 6629 Square Feet. Adjust this Estimated Repairs number based on images below as needed.|
|Total Investment||$828,412||Need Financing to Do This Deal? Contact our Customer-Assistance Office Here|
|Estimated Selling Price after repairs/updates.||$1,055,140||
$1,055,140 ARV Estimate was determined using a combination of the following: |
* $1,165,998.00 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.
* $833,423 Value Estimate based on Home being worth 7% more than Tax Appraisal of: $778,900
|Estimated Net Received after selling fees/closing costs.||$997,107||
After Closing Fees, Realtor Fees, and Other Costs (Estimated at $58,033).
||Estimated Potential Profit||$168,695||
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