NOT LISTED FOR SALE

1502 W 5th St Unit I1 Austin, TX 78703

Clarksville Neighborhood

Estimated Value: $577,820 - $581,000

2 Beds
2 Baths
1,161 Sq Ft
$540/mo HOA Fee

Last Sold October 10, 2023

Current estimated payment $4,379/month

2 Days on Market

Highlights

  • City View
  • Two Primary Bathrooms
  • End Unit
  • Mathews Elementary School Rated A
  • Open Floorplan
  • Granite Countertops

About This Home

As of October 2023

The Villa West Condominiums offer a rare chance to own a private oasis in a highly sought-after location. The open floor plan and ample natural light create an inviting atmosphere. The two bedrooms and two full bathrooms, including the owner's suite with its private patio and walk-in closet, contribute to the sense of luxury. The modern ensuite bathroom with a dual vanity and custom tile adds a touch of sophistication. The flexibility of using the second bedroom as a home office with built-in bookshelves offers an added feature, especially for those who need a dedicated workspace. The kitchen features streamlined cabinetry, quartz countertops, and stainless steel appliances. The built-in drawer refrigerator and wine fridge, as well as a stackable washer/dryer, offer attention to both functionality and modern living needs. Having two designated parking spaces, including one in an enclosed garage, is a valuable amenity in a city where parking can sometimes be a challenge. The outdoor parking space is an added convenience. The private common pool area offers a relaxing retreat within the property, allowing residents to enjoy leisure time away from the city's hustle and bustle. The condo's proximity to Whole Foods, Lady Bird Lake, shopping, and dining options further enhances its appeal, as it provides easy access to various amenities.

Last Agent to Sell the Property

Stephanie Taylor

Regent Realty International License #0461141 Listed on: 08/24/2023

Last Buyer's Agent

Karen Liddy

Compass RE Texas, LLC License #0481503

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,698

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • West Facing Home
  • Private Entrance
  • Masonry wall
  • Wrought Iron Fence
  • Few Trees
  • Private Yard

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Parking
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Masonry Siding

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Tile Flooring
  • City Views

Kitchen

  • Built-In Electric Oven
  • Self-Cleaning Oven
  • Built-In Electric Range
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Uncovered Courtyard
  • Patio
  • Terrace
  • Exterior Lighting
  • Rear Porch

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • City Lot

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot I-1
  • Assessor Parcel Number 01080304220030
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, parking
  • Villa West Poa
  • Villa West Condo Ph 02 Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,698

Year Built

Built in 1981

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry, Single level Floor Plan, End Unit
  • Restrictions: Deed Restrictions
  • Year Built: 1981
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From Mopac, exit 5th Street. Go two blocks and on the left, turn into the parking lot. Be sure to park in visitor parking spots.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 11697.58
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Masonry, Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1161.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, Bookcases, Built-in Features, Counter-Granite, Double Vanity, Entrance Foyer, Kitchen Island, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections
  • Laundry Location: In Unit
  • View: City
  • Flooring: Tile
  • Fireplace Features: Electric, Family Room
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Bar Fridge, Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Self Cleaning Oven, Washer/Dryer Stacked, Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Double Pane Windows, Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Uncovered Courtyard, Lighting, Private Entrance, Private Yard
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Patio, Rear Porch, Terrace
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Additional Parking, Assigned, Garage, Parking Lot, Private
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet-Cable, Water Connected
  • Heating: Central, Electric, Fireplace(s)
  • Water Source: Public
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Parking
  • Association Fee Frequency: Monthly
  • Association Fee: 540.00

Association/Amenities

  • Association Name: Villa West POA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Pool, Street Lights

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Mathews
  • Middle School: O Henry
  • High School: Austin
  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: City Lot, Few Trees
  • Parcel Number: 01080304220030
  • Lot Size Acres: 0.0305
  • Lot Size Sq Ft: 1328.58
  • Subdivision Name: Villa West Condo Ph 02

Building Info

  • Construction Materials: Brick, Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1161
  • Tax Lot: I-1
  • Tax Rate: 1.97000000000000
  • Tax Year: 2023
  • Tax Annual Amount: 11697.57
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 26, 2023
Sold by
Covington Kirk L
Bought by
Bowman And Christine Hall Revocable Trust and Hall
Seller's Agent
Stephanie Taylor
Regent Realty International
Buyer's Agent
Karen Liddy
Compass RE Texas, LLC
List Price
$650,000
Views
57
Current Estimated Value
$579,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.45%

Purchase Details

Closed on
Jun 28, 2022
Sold by
Michele Bivins Mary
Bought by
Covington Kirk L

Purchase Details

Closed on
May 10, 2016
Sold by
Schmidt Mark
Bought by
Bivins Schmidt Mary Michele

Purchase Details

Listed on
Sep 6, 2012
Closed on
Dec 10, 2012
Sold by
Leddy Courtney and Nally Brian
Bought by
Bivins Schmidt Mary Michele and Schmidt Mark Stephen
Seller's Agent
Brian Nally
Texas Ally Real Estate Group
Buyer's Agent
Scott Martin
Jane Allen
List Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$264,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2009
Sold by
Jones Kathryn Kelly
Bought by
Leddy Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2006
Sold by
Jones R Malcolm and Jones Raymond Malcolm
Bought by
Jones Kathryn Kelly and Jones Kelly

Purchase Details

Closed on
Feb 28, 2005
Sold by
Prudential Residential Services Lp
Bought by
Jones R Malcolm and Jones Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Balch Jonathan Mayfield and Balch Candace Lauren
Bought by
Prudential Residential Services Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1999
Sold by
Brown Barbara
Bought by
Lambrecht Kenneth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.21%
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
Bowman And Christine Hall Revocable Trust -- Texas National Title
Covington Kirk L -- Independence Title
Bivins Schmidt Mary Michele -- None Available
Bivins Schmidt Mary Michele -- Chicago Title Co
Leddy Courtney -- None Available
Jones Kathryn Kelly -- None Available
Jones R Malcolm -- --
Prudential Residential Services Lp -- Alamo Title Company
Lambrecht Kenneth S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bivins Schmidt Mary Michele $264,000
Previous Owner Leddy Courtney $279,837
Previous Owner Prudential Residential Services Lp $177,600
Previous Owner Lambrecht Kenneth S $104,000
Closed Prudential Residential Services Lp $44,400
Closed Bivins Schmidt Mary Michele $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold -- -- --
08/26/2023 08/26/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $650,000 +83.1% $560 / Sq Ft
12/14/2012 12/14/12 Sold -- -- --
10/29/2012 10/29/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $355,000 -- $306 / 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
2025 $9,207 $572,414 $199,298 $373,116
2023 $10,490 $592,305 $199,298 $393,007
2022 $9,412 $476,577 $0 $0
2021 $9,431 $433,252 $132,865 $300,387
2020 $8,782 $409,448 $99,649 $309,799
2018 $10,093 $455,890 $996 $454,894
2017 $9,874 $442,772 $99,649 $370,819
2016 $8,977 $402,520 $99,649 $370,819
2015 $7,341 $365,927 $99,649 $356,738
2014 $7,341 $332,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3619434

Unlock MLS (Austin Board of REALTORS®)

APN: 106667