$2,450,000
SOLD DEC 1, 2021
Last list price
2 Beds
2 Baths
1,918 Sq Ft
$1,865/mo HOA Fee

Recently Sold

$1,277 Per Sq Ft

66 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City View
  • Mathews Elementary School Rated A
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of December 2021

NORTHWEST CORNER RESIDENCE. Tower over the heartbeat of Austin from one of the highest residences in Texas at The
Austonian. Poised on the Northwest corner, this residence spans expansive views of the Hill Country, Lady Bird Lake and
Congress Avenue. Tasteful built-ins add space and character to this move-in ready residence. Kitchen features Miele
range, K20 dishwasher, built-in coffee maker, large pantry and wine cooler. Includes reinforced, double soundproofed
windows and fully soundproof walls in the primary bedroom, storage built-ins, two built-in Subzero wine coolers, automatic
blinds and remotes. The Italian sofa also has three adjustable parts with built in panels to control them. Furniture and TVs
available for purchase. LUXURY LIVING AT THE AUSTONIAN. The Austonian is the epitome of luxury downtown living,
leading the market since its inception in 2008, and constantly challenging the status-quo with its world-class services,
amenities, and design. 40E sits atop this glorious building, presenting you with a backdrop of Austin’s famed skyline,
including a balcony. Feel on top of the world, and let this extraordinary home welcome you to ultra-luxury living. IN
THE HEART OF DOWNTOWN AUSTIN. With Austin’s finest restaurants and entertainment within walking distance, this home
offers a lifestyle unmatched in downtown Austin. And in addition to the Austonian’s world-class services and amenities,
40E also conveys with two parking spaces and storage unit. Location is supreme – with coveted views and coveted centrality. This dream-home in the sky caters to all your needs, and is an extraordinary opportunity to live in a custom-built dream home. 24
Hour Advance Showing Notice.

Last Agent to Sell the Property

Trey Phillips

Moreland Properties License #0489531 Listed on: 08/16/2021

Moreland Properties

Last Buyer's Agent

Madan Mohan

OSMRealEstate License #0515172

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,774

Year Built

  • Built in 2008

Lot Details

  • Northwest Facing Home

HOA Fees

  • $1,865 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Hills

Home Design

  • Slab Foundation

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Window Treatments
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Heated In Ground Pool
  • Covered patio or porch
  • Terrace

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 40E
  • Assessor Parcel Number 02050113590000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, sewer, trash, water
  • The Austonian HOA
  • High-Rise Condominium
  • Austonian Condo Community Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Valet Parking
  • Community Barbecue Grill
  • Meeting Room

Recreation

Pet Policy

  • Pet Amenities

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,774

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,865 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Restrictions: Deed Restrictions, Development Type
  • Year Built: 2008
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: The Austonian is located at the corner of Congress Avenue and Second Street. The lobby entrance is on 2nd St.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 39474.32
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1918.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Built-in Features, Ceiling-High, Counter-Granite, No Interior Steps, Primary Bedroom on Main
  • Laundry Location: Laundry Room
  • View: City, Hill Country
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Cooktop Gas, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: Covered, Terrace
  • Pool Features: Heated, In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Sewer, Trash, Water, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1865.00

Association/Amenities

  • Association Name: The Austonian HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Garage Parking, Pet Amenities, Pool, VALET

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: Corner Lot, See Remarks
  • Parcel Number: 02050113590000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Austonian Condo Community

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1918
  • Tax Lot: 40E
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 43774.01
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Nov 30, 2021
Sold by
Blue Adam David and Blue Alexa Celeste
Bought by
Mohan Sanjeev
Seller's Agent
Trey Phillips
Moreland Properties
Buyer's Agent
Madan Mohan
OSMRealEstate
List Price
$2,450,000
Current Estimated Value
$2,172,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.00%
Original Mortgage
$1,593,750
Outstanding Balance
$1,471,462
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$502,366

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 20, 2019
Sold by
Davis John Robert
Bought by
Blue Adam David and Blue Alexa Celeste
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Jake Joseph
Compass RE Texas, LLC
List Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jan 26, 2017
Sold by
Jacobs Andrew F and Jacobs Karen C
Bought by
Davis John Robert
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Non Member
Non Member
List Price
$2,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$1,285,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2010
Sold by
Second Congress Ltd
Bought by
Jacobs Andrew F and Jacobs Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.69%
Mortgage Type
Commercial
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 -- None Listed On Document
Warranty Deed -- None Available
Vendors Lien -- None Available
Condominium Deed -- Itc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,593,750 New Conventional
Previous Owner $1,285,000 Commercial
Previous Owner $790,000 Commercial
Previous Owner $800,000 Commercial
Previous Owner $850,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Rented $10,000 0.0% --
03/28/2023 03/28/23 Under Contract -- -- --
10/25/2022 10/25/22 For Rent $10,000 0.0% --
12/01/2021 12/01/21 Sold -- -- --
10/21/2021 10/21/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $2,450,000 +14.0% $1,277 / Sq Ft
03/20/2019 03/20/19 Sold -- -- --
03/13/2019 03/13/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $2,150,000 +2.6% $1,121 / Sq Ft
01/26/2017 01/26/17 Sold -- -- --
12/20/2016 12/20/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $2,095,000 -4.6% $1,092 / Sq Ft
01/25/2016 01/25/16 For Sale $2,195,000 -- $1,144 / 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 $47,922 $2,632,430 $79,146 $2,553,284
2022 $42,806 $2,167,500 $55,402 $2,112,098
2021 $42,791 $1,965,900 $55,403 $1,910,497
2020 $43,863 $2,045,000 $55,403 $1,989,597
2018 $44,500 $2,009,962 $36,408 $1,973,554
2017 $42,112 $1,888,295 $36,408 $1,851,887
2016 $39,830 $1,786,000 $31,659 $1,754,341
2015 $36,127 $1,929,000 $30,836 $1,898,164
2014 $36,127 $1,518,059 $30,836 $1,487,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3825445

Unlock MLS (Austin Board of REALTORS®)

APN: 761393