$205,000
SOLD JUL 25, 2016
Last list price

1202 Newning Ave Unit 306 Austin, TX 78704

SoCo Neighborhood
1 Bed
1 Bath
650 Sq Ft
$200/mo HOA Fee

Recently Sold

$315 Per Sq Ft

6 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Breakfast Bar
  • City View
  • Main Floor Primary Bedroom
  • No Interior Steps

About This Home

As of July 2024

Rare unit at the Madrid Condominiums in the historic neighborhood, Travis Heights, nested inside the popular 78704 zip code, and just steps from popular South Congress. Updated interiors make this unit reliable and easily rentable. Common areas of the complex have great views of Downtown, barbecue grills, benches, awnings, and a great pool.

Last Agent to Sell the Property

Nick Cochrane

Campus & Central Properties License #0413931 Listed on: 04/19/2016

Last Buyer's Agent

Brook Seaman

Realty Austin License #0639540

Realty Austin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1982

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • City Views
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

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

Additional Features

  • No Interior Steps
  • In Ground Pool
  • Property is in excellent condition
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1202 Newning Ave Unit 306

Community Details

Overview

  • Association fees include common area maintenance, gas, sewer, trash, water
  • Madrid Condominiums Association
  • Madrid Condominiums Amended Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,600

Year Built

Built in 1982

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Building Area Total: 650
  • Year Built: 1982
  • Directions: From South Congress & Riverside, head east on Riverside, turn right onto Newning then left, then right, then left. Keep right on Newning and the Madrid Condominiums will be on your right.
  • Disclosures: See Remarks
  • Fencing: None
  • Levels: One
  • Living Area: 650
  • Special Listing Conditions: Standard
  • Estimated Taxes: 2700.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: Mid Rise (4-7 Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, No Interior Steps, Primary Bedroom on Main, See Remarks
  • View: City
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: See Remarks
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Excellent
  • Security Features: None
  • Spa Features: None
  • ResoLivingAreaSource: Appraiser
  • Laundry Location: In Bathroom
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 200

Association/Amenities

  • Association Name: Madrid Condominiums
  • Association: Yes
  • Community Features: Pool

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 1202 Newning Ave Unit 306
  • Subdivision Name: Madrid Condominiums Amended
  • Special Assessment: See Remarks
  • Crops: None

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2600

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Independence Title
Warranty Deed -- Independence Title
Vendors Lien -- Corridor Title Llc
Vendors Lien -- Corridor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $150,000 Adjustable Rate Mortgage/ARM
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: 1809364

Unlock MLS (Austin Board of REALTORS®)

APN: 853825