Plaza Lofts 311 W 5th St Unit 605 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $971,233 - $1,046,000
2
Beds
2
Baths
1,896
Sq Ft
$1,725/mo
HOA Fee
Highlights
- Concierge
- 24-Hour Security
- Wooded Lot
- Mathews Elementary School Rated A
- City View
- 1-minute walk to Republic Square Park
About This Home
As of May 2024Spacious Downtown Loft overlooking Republic Square Park with gorgeous views of the ever-changing Austin skyline. This is a NW facing 2BD | 2BA corner loft in the heart of the Warehouse District in Downtown Austin. Walking distance to great dining, hotels, entertainment, the Lady Bird Lake Hike & Bike Trail and more. A true loft with exposed 13 ft. ceilings that create a great feel inside the unit. Expansive full walls of bay windows, polished concrete floors and a private balcony overlooking the park. The loft is large, measuring 1,896 square feet and is move-in ready. The large living space and flexible floor-plan also provides potential for a buyer to renovate the unit to create their ideal downtown home. The Plaza Lofts is a boutique, sought after condominium in desirable 78701. The shared amenities include a resident lobby with seating, controlled and monitored building access, a dedicated and tight-knit HOA, lobby concierge service 7 days a week, a rooftop pool, an onsite gym and an enclosed parking garage. Parking space is #35 and storage cage, closest to stairwell across from the parking spot.
Last Listed By
Casa Blanca Realty Brokerage Phone: (512) 789-6716 License #0687873 Listed on: 04/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,246
Year Built
- Built in 2002
Lot Details
- Northwest Facing Home
- Wooded Lot
- Dense Growth Of Small Trees
- Property is in good condition
HOA Fees
- $1,725 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Property Views
- Hills
Home Design
- Slab Foundation
- Concrete Siding
- Stucco
Interior Spaces
- 1,896 Sq Ft Home
- 1-Story Property
- Window Screens
- Entrance Foyer
- Storage
- Concrete Flooring
Kitchen
- Built-In Convection Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Terrace
- Outdoor Storage
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- Stepless Entry
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02060122140000
Community Details
Overview
- Association fees include common area maintenance, insurance, landscaping, parking, pest control, security, trash
- The Plaza Lofts Condominium Association, Inc Association
- Plaza Lofts Condo Amd Subdivision
Amenities
- Concierge
- Community Barbecue Grill
Recreation
- Community Pool
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
May 17, 2024
Sold by
Lauterbach Family Trust and Lauterbach Steven H
Bought by
Siha Nicolas Alexander
Seller's Agent
Todd Cruz
Casa Blanca Realty
Buyer's Agent
Stephanie Ray
Next Door Realty LLC
List Price
$1,145,000
Sold Price
$1,040,000
Premium/Discount to List
-$105,000
-9.17%
Total Days on Market
31
Views
21
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
-$31,383
Avg. Annual Appreciation
5.20%
Purchase Details
Closed on
May 2, 2011
Sold by
Lauterbach Steven H and Lauterbach Ann M
Bought by
Lauterbach Steven H and Lauterbach Ann Louise
Purchase Details
Closed on
Sep 30, 2009
Sold by
Miller Paul and Miller Karen L
Bought by
Lauterbach Steven H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2002
Sold by
Plaza Lofts Lp
Bought by
Vena Mark N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Commercial
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Austin, TX
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Siha Nicolas Alexander | -- | Corridor Title | |
| Lauterbach Steven H | -- | None Available | |
| Lauterbach Steven H | -- | North American Title | |
| Vena Mark N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lauterbach Steven H | $207,000 | |
| Previous Owner | Lauterbach Steven H | $230,000 | |
| Previous Owner | Lauterbach Steven H | $240,000 | |
| Previous Owner | Vena Mark N | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | -- | -- | -- |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | Price Changed | $1,053,000 | -8.0% | $555 / Sq Ft |
| 04/02/2024 04/02/24 | For Sale | $1,145,000 | -- | $604 / 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 | $17,889 | $965,000 | $139,212 | $825,788 |
| 2022 | $18,342 | $928,746 | $139,212 | $789,534 |
| 2021 | $16,544 | $760,047 | $55,685 | $704,362 |
| 2020 | $12,850 | $599,112 | $55,685 | $543,427 |
| 2018 | $13,252 | $598,553 | $55,685 | $542,868 |
| 2017 | $13,569 | $608,450 | $55,685 | $552,765 |
| 2016 | $13,694 | $614,038 | $55,685 | $558,353 |
| 2015 | $12,065 | $502,703 | $54,239 | $448,464 |
| 2014 | $12,065 | $506,984 | $54,239 | $452,745 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Cruz
T
Seller's Agent in 2024
Todd Cruz
Casa Blanca Realty
(512) 799-3143
1 in this area
15 Total Sales
-
Stephanie Ray
S
Buyer's Agent in 2024
Stephanie Ray
Next Door Realty LLC
(713) 291-9188
1 in this area
46 Total Sales
About Plaza Lofts
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5518370
APN: 525272
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