NOT LISTED FOR SALE

1202 Newning Ave Unit 306 Austin, TX 78704

SoCo Neighborhood

Estimated Value: $278,560 - $293,000

1 Bed
1 Bath
627 Sq Ft
$246/mo HOA Fee

Last Sold July 11, 2024

Current estimated payment $2,239/month

25 Days on Market

Highlights

  • Downtown View
  • Mature Trees
  • Quartz Countertops
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of July 2024

Enjoy having all boutique shops, eateries, and entertainment venues along South Congress right at your doorstep! This tastefully updated 1BD/1BA condo is located in the heart of historic Travis Heights. This Move-In-Ready Condo serves as an ideal urban home, city getaway, and/or short-term rental. Yes, you read that correctly... the HOA allows STR! The bright and open interior features modern renovations including designer fixtures, recessed lighting, and low maintenance wood-look tile plank flooring. No carpet anywhere! The updated kitchen offers plenty of counter space to work with on it's large peninsula with breakfast bar seating, sleek quartz countertops, updated SS gas range & microwave, and pantry storage. The spacious bedroom hosts two closets including a walk-in with built-in shelving and added stackable washer & dryer connections. The beautifully appointed bathroom offers a contemporary vanity with quartz countertop, stylish fixtures & hardware, and a shower/tub combo surrounded by a subway tile backsplash. Residents of Madrid condos enjoy a large community pool and well-maintained common grounds with BBQ/picnic areas and awesome views of Downtown Austin. From yoga studios to fun shops and eateries, this walkable location makes it easy to access the best of South Austin on foot or by bicycle. Incredible opportunity to own in an unbeatable location!

Last Agent to Sell the Property

Rachel Putman

Austin Avenue Real Estate Co. Brokerage Phone: (512) 775-1995 License #0515313 Listed on: 05/26/2024

Last Buyer's Agent

Beth Perkins

Compass RE Texas, LLC License #0620150

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1966

Lot Details

  • West Facing Home
  • Landscaped
  • Sprinkler System
  • Mature Trees
  • Wooded Lot
  • Property is in average condition

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 627 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Screens
  • Storage
  • Washer and Electric Dryer Hookup
  • Tile Flooring
  • Downtown Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Open Parking
  • Parking Lot
  • Outside Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Travis Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03000118340000

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, ground maintenance, maintenance structure
  • Madrid Condos HOA
  • Madrid Condominiums Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Common Area
  • Community Mailbox

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,981

Year Built

Built in 1966

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1966
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From I-35, take the exit for Riverside Dr. Head west on E Riverside Dr. Turn left onto Newning Ave. At the top of the hill, take a left onto Academy Dr. Turn right onto Newning Ave. Madrid Condos will be on the right. Take the middle stairwell to the top floor. Unit 306.
  • Disclosures: Familial Relation, Lead Base Paint Addendum, Other Disclosures, Seller Disclosure
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 627
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 775-1995
  • Attribution Contact: (512) 775-1995
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 4981.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: 3rd+ Floor Entry,Low Rise (1-3 Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Two Primary Closets, Walk-In Closet(s), Washer Hookup, See Remarks
  • View: City, City Lights, Downtown, See Remarks
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Average
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Window Features: Screens
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit,Inside,Laundry Closet,See Remarks
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Exterior Steps, Gutters Full, Lighting
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Open, Outside, Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure
  • Association Fee Frequency: Monthly
  • Association Fee: 246

Association/Amenities

  • Association Name: Madrid Condos HOA
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Picnic Area, Pool, See Remarks

Schools

  • Elementary School: Travis
  • High School: Travis
  • Middle/Junior School: Lively
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Curbs, Landscaped, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 03000118340000
  • Lot Size Acres: 0.0181
  • Lot Size Sq Ft: 788.44
  • Subdivision Name: MADRID CONDOMINIUMS
  • Special Assessment: Yes

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4981
  • Tax Map Number: 306
  • Tax Filled Sqft Total: 627
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2024
Closed on
Jul 16, 2024
Sold by
Putman Joseph G
Bought by
Scarborough Amy and Scarborough Matthew S
Seller's Agent
Rachel Putman
Austin Avenue Real Estate Co.
Buyer's Agent
Beth Perkins
Compass RE Texas, LLC
List Price
$285,000
Sold Price
$285,000
Views
29
Current Estimated Value
$285,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780
Avg. Annual Appreciation
0.27%
Original Mortgage
$228,000
Outstanding Balance
$226,275
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$59,505

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 7, 2023
Sold by
Witte Kristen E
Bought by
Putnam Joseph G
Seller's Agent
Kristin Kreisel
Compass RE Texas, LLC
Buyer's Agent
Rachel Putman
Austin Avenue Real Estate Co.
List Price
$275,000
Sold Price
$296,000
Premium/Discount to List
$21,000
7.64%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 13, 2016
Sold by
Christensen Nicholette
Bought by
White Kristen E
Seller's Agent
Nick Cochrane
Campus & Central Properties
Buyer's Agent
Brook Seaman
Realty Austin
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$184,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2014
Sold by
Nc & Gs 1202 Llc
Bought by
Christensen Nicholette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scarborough Amy -- Independence Title
Putnam Joseph G -- Independence Title
White Kristen E -- Corridor Title Llc
Christensen Nicholette -- Corridor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough Amy $228,000
Previous Owner White Kristen E $184,500
Previous Owner Christensen Nicholette $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold -- -- --
06/21/2024 06/21/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $285,000 0.0% $455 / Sq Ft
06/14/2024 06/14/24 Off Market -- -- --
05/26/2024 05/26/24 For Sale $285,000 +3.6% $455 / Sq Ft
03/07/2023 03/07/23 Sold -- -- --
03/02/2023 03/02/23 Pending -- -- --
02/27/2023 02/27/23 Off Market -- -- --
02/12/2023 02/12/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $275,000 +34.1% $439 / Sq Ft
07/25/2016 07/25/16 Sold -- -- --
04/25/2016 04/25/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $205,000 -- $315 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $4,981 $275,328 $552 $274,776
2022 $4,816 $243,842 $552 $243,290
2021 $4,506 $207,018 $552 $206,466
2020 $4,523 $210,894 $236 $210,658
2018 $4,213 $190,282 $236 $190,046
2017 $3,917 $175,654 $39,407 $136,247
2016 $3,925 $176,003 $39,407 $136,596
2015 -- $143,292 $39,407 $103,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2717226

Unlock MLS (Austin Board of REALTORS®)

APN: 853825