NOT LISTED FOR SALE

Estimated Value: $5,979,000

3 Beds
3.5 Baths
4,003 Sq Ft
$4,030/mo HOA Fee

Last Sold December 15, 2021

Current estimated payment $45,907/month

152 Days on Market

Highlights

  • Concierge
  • Room Service
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Republic Square Park

About This Home

As of December 2021

Witness all of Austin while being enveloped in spectacular luxury from one of the limited and rarely sold Penthouses at the W Austin. Taking residency at the world-renowned W Austin is at the height of bespoke, contemporary sophistication synonymous with exclusivity, privacy, and luxury. A collaborative project by Heston Design Studio and Wilmington-Gordon yields highly customized striking finishes, fixtures, and millwork by notable brands that the discerning eye will recognize...most notably Hermes, Dornbracht, Bulthaup, and Duravit all surrounded by sleek architecture, abundant natural light, and soaring ceilings. The thoughtfully designed floor plan begets grand entertaining with living areas can accommodate a glittering crowd yet also offers cleverly designed spaces offering for more intimate gatherings.
The secluded Master Bedroom is its own sanctuary with a private balcony and luxurious bath with slipper tub, walk-in steam shower and the custom closet finished out by California Closets. Two additional bedrooms each with en suite baths. Additional features include floor-to-ceiling windows with automated privacy shades, private 3-car enclosed garage, invaluable storage unit, Crestron, separate catering/housekeeping entrance, 3 outdoor terraces with nearly 500 sqft of outdoor living space, and access to all hotel services at discounted rates. Allow yourself to be spoiled by the dedicated and discreet "Whatever/Whenever" 24- Concierge Team standing by to assist and enjoy all other amenities including the residence pool, cabanas, access hotel restaurants, discounted hotel rooms for guests and most importantly, the Away Spa and Fitness Center. The W Residence is located in the heart of downtown and the energy and prime location making this the most desirable urban living experience in Austin!

Last Listed By

Eric Copper

KW-Austin Portfolio Real Estate License #0521490 Listed on: 04/29/2021

KW-Austin Portfolio Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $91,518

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 305

HOA Fees

  • $4,030 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Gated Parking
  • Secured Garage or Parking
  • Community Parking Structure

Property Views

  • Lake
  • Panoramic

Home Design

  • Slab Foundation

Interior Spaces

  • 4,003 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sound System
  • Wired For Data
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Storage

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Gas Cooktop
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Smart Home
  • Smart Thermostat

Pool

  • Cabana
  • Outdoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Terrace
  • Outdoor Storage

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Northwest Facing Home
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 3503 / 21
  • Assessor Parcel Number 02050115610000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, electricity, gas, heat, hot water, insurance, ground maintenance, maintenance structure, parking, security, sewer, trash, utilities, water
  • The W Residences Association
  • High-Rise Condominium
  • Condo Subdivision
  • Lock-and-Leave Community
  • Mandatory home owners association
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Amenities

  • Concierge
  • Valet Parking
  • Room Service
  • Housekeeping Services
  • Laundry Service
  • Sundeck
  • Common Area
  • Lounge
  • Package Room

Recreation

  • Trails

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$91,518

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$4,030 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories), Single level Floor Plan
  • Restrictions: Covenant
  • Year Built: 2011
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: The W is located at the corner of 2nd Street & Lavaca
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 100036.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Fireplaces: 1
  • Garage Spaces: 3.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 4003.00
  • Other Structures: Storage
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Ceiling-High, Chandelier, Counter-Stone, Double Vanity, Electric Dryer Hookup, Entrance Foyer, Kitchen Island, Multiple Dining Areas, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Home, Soaking Tub, Sound System, Storage, Walk-In Closet(s), Washer Hookup, Wired for Data, Wired for Sound
  • Laundry Location: In Unit
  • View: City, City Lights, Downtown, Lake, Panoramic, Skyline
  • Flooring: Stone, Wood
  • Fireplace Features: Gas Log, Living Room
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Freezer, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Cooktop Gas, Ice Maker, Microwave, Double Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer, Wine Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale, Updated/Remodeled
  • Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Coverings, See Remarks

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms: 4
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: Terrace
  • Pool Features: Cabana, Heated, Outdoor Pool, Saltwater, See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Garage, Gated, Oversized, Storage
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Electricity, Gas, Heat, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Security, Sewer, Trash, Utilities, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 4030.00

Association/Amenities

  • Association Name: The W Residences
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Concierge, Controlled Access, Covered Parking, Fitness Center, Garage Parking, High Speed Internet, Housekeeping, Lake, Laundry Service, Lock and Leave, Lounge, Maintenance On-Site, Nest Thermostat, Package Service, Pool, Restaurant, Room Service, Spa/Hot Tub, Sundeck, VALET, Walk/Bike/Hike/Jog Trail(s

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
  • Parcel Number: 02050115610000
  • Lot Size Acres: 0.0070
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Condo

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Block: 21
  • Tax Filled Sqft Total: 3562
  • Tax Lot: 3503
  • Tax Rate: 2.22667000000000
  • Tax Year: 2020
  • Tax Annual Amount: 91518.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Dec 14, 2021
Sold by
Vernick Mitchell F and Vernick Johanna B
Bought by
Hudson Stuart W
Seller's Agent
Eric Copper
KW-Austin Portfolio Real Estate
Buyer's Agent
Clift Bowman
Coldwell Banker Realty
List Price
$4,950,000
Sold Price
$4,950,000
Total Days on Market
152
Current Estimated Value
$5,979,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029,000
Original Mortgage
$3,465,000
Outstanding Balance
$3,238,018
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2017
Sold by
Vernick Family Partnership Ltd
Bought by
Vernick Mitchell F and Vernick Johanna B

Purchase Details

Listed on
Jul 9, 2014
Closed on
Aug 21, 2014
Sold by
Yokubaitis Jonah and Yokubaitis Danika Armstrong
Bought by
Vernick Family Partnership Ltd
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Laura Gottesman
Gottesman Residential R.E.
List Price
$3,650,000
Sold Price
$3,600,000
Premium/Discount to List
-$50,000
-1.37%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Cjuf Ii Stratus Block 21 Llc
Bought by
Yokubaitis Jonah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.12%
Mortgage Type
Commercial

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
Hudson Stuart W -- Independence Title
Vernick Mitchell F -- None Available
Vernick Family Partnership Ltd -- Heritage Title
Yokubaitis Jonah -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Stuart W $3,465,000
Previous Owner Yokubaitis Jonah $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold -- -- --
09/28/2021 09/28/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $4,950,000 0.0% $1,237 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $4,950,000 -5.7% $1,237 / Sq Ft
04/29/2021 04/29/21 For Sale $5,250,000 +43.8% $1,312 / Sq Ft
08/22/2014 08/22/14 Sold -- -- --
08/05/2014 08/05/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $3,650,000 -- $1,025 / 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 $104,732 $5,531,478 $168,751 $5,362,727
2022 $101,568 $5,142,868 $168,751 $4,974,117
2021 $102,781 $4,721,923 $92,813 $4,629,110
2020 $96,361 $4,492,654 $92,813 $4,399,841
2018 $101,088 $4,565,874 $77,625 $4,488,249
2017 $90,953 $4,078,352 $77,625 $4,000,727
2016 $92,486 $4,147,105 $67,501 $4,079,604
2015 $81,891 $3,967,522 $65,747 $3,901,775
2014 $81,891 $3,441,092 $65,747 $3,375,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3028553

Unlock MLS (Austin Board of REALTORS®)

APN: 798735