Plaza Lofts 311 W 5th St Unit 507 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $584,000 - $593,759
1
Bed
1.5
Baths
1,243
Sq Ft
$845/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Open Floorplan
- Mathews Elementary School Rated A
- Downtown View
- 1-minute walk to Republic Square Park
About This Home
As of July 20211BD | 1.5BA | 1,243/SQFT | MLS # 4628573 | OFFERED AT $565,000
Gorgeous modern loft in 78701! You will love the loft's modern feel designed with a large open floor plan, soaring 11ft ceilings with industrial style exposed ducts, and floor-to-ceiling wall of windows for abundant natural light.
Designed for entertaining and perfect for an easy live-work milieu this spacious loft offers a large kitchen with top-of-line appliances and center island that opens to the living, dining, and bar area that extends to the inviting large patio with views from West to East on 5th Street.
Bedroom is of considerable size that includes an intimate alcove, expansive closet, storage, as well as a lovely primary bath with natural stone walk-in shower, dual sink vanity, and modern bathroom armoire. Includes 1 parking space and 1 storage unit. Condo’s location is easy access to onsite gym, parking & storage space, and steps to fun at The Roosevelt Room and The Eleanor Bar.
Location is everything with dining, arts, entertainment, recreation all within walking distance, and this modern loft delivers an incredible locale.
Plaza Lofts offers Concierge service, a rooftop pool, an onsite gym, and just across from Republic Square Park.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,674
Year Built
- Built in 2002
HOA Fees
- $845 Monthly HOA Fees
Parking
- 1 Car Garage
- Reserved Parking
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
- Masonry Siding
Interior Spaces
- 1,243 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Track Lighting
- Concrete Flooring
Kitchen
- Built-In Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
Laundry
- Laundry closet
- Stacked Washer and Dryer
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- North Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 507
- Assessor Parcel Number 02060122080000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance
- $1,230 HOA Transfer Fee
- Plaza Lofts Association
- High-Rise Condominium
- Plaza Lofts Condo Amd Subdivision
- Mandatory home owners association
Amenities
- Concierge
- Package Room
- Elevator
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Jul 8, 2021
Sold by
Vocke Cheryl L
Bought by
Borne Christopher Carl and Quitta Margaret Rachael
Seller's Agent
Nina Seely
Legends Real Estate LLC
Buyer's Agent
Katherine Slaughter
Douglas Elliman Real Estate
List Price
$565,000
Sold Price
$601,000
Premium/Discount to List
$36,000
6.37%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,120
Avg. Annual Appreciation
-0.89%
Original Mortgage
$350,000
Outstanding Balance
$322,350
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$258,420
Purchase Details
Closed on
Mar 28, 2011
Sold by
Lednicky Cheryl L
Bought by
Vocke Cheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
4.32%
Mortgage Type
Commercial
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Similar Homes in Austin, TX
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Borne Christopher Carl | -- | Heritage Title | |
| Vocke Cheryl L | -- | Capital Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Borne Christopher Carl | $350,000 | |
| Previous Owner | Vocke Cheryl L | $61,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | -- | -- | -- |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $565,000 | -- | $455 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $8,762 | $587,377 | $91,262 | $496,115 |
| 2022 | $12,886 | $652,500 | $91,262 | $561,238 |
| 2021 | $9,173 | $421,443 | $36,505 | $449,033 |
| 2020 | $8,218 | $383,130 | $36,505 | $346,625 |
| 2018 | $8,470 | $382,580 | $36,505 | $346,075 |
| 2017 | $8,325 | $373,306 | $36,505 | $352,574 |
| 2016 | $7,568 | $339,369 | $36,505 | $356,324 |
| 2015 | $6,860 | $308,517 | $35,557 | $272,960 |
| 2014 | $6,860 | $311,391 | $35,557 | $275,834 |
Source: Public Records
Agents Affiliated with this Home
-
Nina Seely
Seller's Agent in 2021
Nina Seely
Legends Real Estate LLC
(512) 457-5757
6 in this area
21 Total Sales
-
Katherine Slaughter
K
Buyer's Agent in 2021
Katherine Slaughter
Douglas Elliman Real Estate
(512) 884-7420
1 in this area
17 Total Sales
About Plaza Lofts
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4628573
APN: 525266
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