NOT LISTED FOR SALE

Estimated Value: $444,521 - $451,000

2 Beds
2 Baths
1,169 Sq Ft
$1,257/mo HOA Fee

Last Sold December 30, 2024

Current estimated payment $4,608/month

127 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Spa
  • Russell Lee Elementary School Rated A-
  • 24-Hour Security
  • Gated Parking

About This Home

As of December 2024

Incredible Value in Downtown Austin: Unique Condo with Iconic Views -
Opportunity for Customization and Awaiting Your Personal Touch - Rare SW corner 2Bd/2Bth “K” unit. This remarkable condo in the prestigious Cambridge Tower offers fantastic views of the Texas State Capitol & Downtown Skyline. See the UT Tower light up orange from its wrap around balcony. Now is the perfect time to invest in Cambridge Tower, especially with the exciting $2.5 billion development transforming the nearby medical district into a world-class academic medical center for education, research, and patient care. This condo is a fantastic investment, with HOA dues covering all utilities, including high-speed internet and over 125 TV channels. Enjoy the convenience of a reserved garage parking space, ample natural light, and classic midcentury design. The building has recently refreshed its lobby area, and offers outstanding amenities, including 24-hour security, concierge service, a fully attended parking garage, a multipurpose meeting room, a shaded heated pool, a spa, a fitness room, and a rooftop terrace. A full-time building manager and an A+ full-service staff are at your disposal, ensuring seamless living at every turn.

Last Listed By

Doug Harrison

Urbanspace Brokerage Phone: (512) 457-8884 License #0362333 Listed on: 08/08/2024

Urbanspace

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,328

Year Built

  • Built in 1964

Lot Details

  • Southwest Facing Home
  • Historic Home
  • Property is in average condition

HOA Fees

  • $1,257 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Gated Parking
  • Secured Garage or Parking
  • Guest Parking
  • Reserved Parking
  • Assigned Parking

Property Views

  • Downtown
  • Hills

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • 1-Story Property
  • Historic or Period Millwork
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Balcony

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Austin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02100230090104

Community Details

Overview

  • Association fees include cable TV, common area maintenance, electricity, heat, water, internet, parking, security, trash, utilities
  • Cambridge Tower HOA
  • Cambridge Condo Amd Subdivision
  • Lock-and-Leave Community
  • On-Site Maintenance

Amenities

  • Concierge
  • Community Barbecue Grill
  • Common Area
  • Meeting Room
  • Laundry Facilities
  • Community Mailbox
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,328

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,257 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1964
  • Additional Parcels: No
  • Direction Faces: Southwest
  • Directions: Cambridge Tower is located on the NE corner of MLK and Lavaca Street. Controlled access building. Leave card with concierge who will provide access up elevator.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1169
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 457-8884
  • Attribution Contact: (512) 457-8884
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 10245.55
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: Tower (14+ Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom on Main
  • View: City Lights, Downtown, Hill Country, Skyline, See Remarks
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Electric Oven, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Historic Design, Average
  • Security Features: 24 Hour Security, Building Security, Closed Circuit Camera(s), Gated with Guard, Secured Garage/Parking
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Common Area,In Hall,Multiple Locations
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Assigned, Enclosed, Gated, Guest, Reserved, Secured
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Electricity, Heat, Water, Internet, Parking, Security, Trash, Utilities, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1257

Association/Amenities

  • Association Name: Cambridge Tower HOA
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Fitness Center, High Speed Internet, Laundry Room, Lock and Leave, Maintenance On-Site, Pool, Property Manager On-Site, Hot Tub, Storage, See Remarks

Schools

  • Elementary School: Lee
  • High School: Austin
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 02100230090104
  • Lot Size Acres: 0.0069
  • Lot Size Sq Ft: 300.56
  • Subdivision Name: Cambridge Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9327.86
  • Tax Map Number: 9K
  • Tax Filled Sqft Total: 1169
  • Tax Rate: 2.17670000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Dec 30, 2024
Sold by
Libby Patricia A and Libby Robert
Bought by
Kelly Shannon
Seller's Agent
Doug Harrison
Urbanspace
Buyer's Agent
Molly Austin
Molly Austin Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
127
Views
65
Current Estimated Value
$447,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,761
Avg. Annual Appreciation
0.99%
Original Mortgage
$554,752
Outstanding Balance
$509,942
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
-$68,160

Purchase Details

Closed on
Jul 13, 2006
Sold by
Tate John T and Tate Carol P
Bought by
Libby Patricia A

Purchase Details

Closed on
Mar 21, 1996
Sold by
Painter Theophilus S and Painter Anna Thomas
Bought by
Heimsath Clovis and Heimsath Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.02%
Mortgage Type
Commercial

Range of Values:

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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
Kelly Shannon -- Heritage Title
Shannon Kelly -- Heritage Title
Libby Patricia A -- None Available
Heimsath Clovis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Kelly $554,752
Closed Kelly Shannon $554,752
Previous Owner Heimsath Clovis $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold -- -- --
12/13/2024 12/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $450,000 0.0% $385 / Sq Ft
03/01/2017 03/01/17 Rented $1,795 -18.2% --
02/15/2017 02/15/17 Under Contract -- -- --
07/09/2016 07/09/16 For Rent $2,195 +9.8% --
07/24/2015 07/24/15 Rented $2,000 -9.1% --
07/24/2015 07/24/15 Under Contract -- -- --
06/27/2015 06/27/15 For Rent $2,200 +10.0% --
07/18/2014 07/18/14 Rented $2,000 0.0% --
07/14/2014 07/14/14 Under Contract -- -- --
06/28/2014 06/28/14 For Rent $2,000 0.0% --
08/07/2012 08/07/12 Rented $2,000 0.0% --
08/07/2012 08/07/12 Under Contract -- -- --
07/20/2012 07/20/12 For Rent $2,000 0.0% --
07/11/2012 07/11/12 Rented $2,000 0.0% --
06/29/2012 06/29/12 Under Contract -- -- --
06/21/2012 06/21/12 For Rent $2,000 -- --
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 $10,123 $559,533 $44,874 $514,659
2022 $9,390 $475,467 $44,874 $430,593
2021 $8,764 $402,631 $35,899 $366,732
2020 $8,717 $406,412 $35,899 $370,513
2018 $8,560 $386,630 $35,899 $350,731
2017 $7,677 $344,246 $35,899 $308,347
2016 $8,052 $344,246 $35,899 $308,347
2015 $6,267 $299,008 $35,899 $263,109
2014 $6,267 $263,353 $35,899 $227,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1216488

Unlock MLS (Austin Board of REALTORS®)

APN: 200092