NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 12C2 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $648,597 - $695,000

2 Beds
2 Baths
1,459 Sq Ft
$624/mo HOA Fee

Last Sold January 04, 2019

Current estimated payment $4,941/month

136 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Mathews Elementary School Rated A
  • Indoor Pool
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of January 2019

A MUST SEE! Upgraded to the MAX with incredible views of Downtown from the 12th floor. One block to fun filled Rainey Street, resort style living, gated and fenced 5+ acres. 2bedrooms, 2 baths, extensive renovations throughout. All appliances convey. Amenities include indoor heated pool, hot tub, outdoor pool, fitness center w/sauna, racquetball/basketball ct., weight rm., conference rm., library, 24 hr. concierge, on-site security. DON'T MISS THE PICTURES AND TOUR OF THIS INCREDIBLE CONDO!Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Ginny Caperton

Sky Realty License #0469412 Listed on: 07/03/2018

Sky Realty

Co-Listed By

Victoria Teas

Sky Realty License #0563659

Last Buyer's Agent

Brian Kerman

REALTY CAPITAL CITY License #0468451

REALTY CAPITAL CITY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,008

Year Built

  • Built in 1983

Lot Details

  • North Facing Home
  • Wrought Iron Fence
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $624 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • Recessed Lighting
  • Window Treatments
  • Living Room with Fireplace
  • Security Lights

Kitchen

  • <<builtInOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Legal Lot and Block 12C2 / D
  • Assessor Parcel Number 02010402160166
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, trash, water
  • Towers Of Town Lake Association
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Meeting Room
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,008

Year Built

Built in 1983

Lot Details

0

HOA Fees

$624 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, High Rise (8-13 Stories)
  • Building Area Total: 1459.00
  • Restrictions: Covenant
  • Year Built: 1983
  • Direction Faces: North
  • Directions: Southbound IH 35, exit Cesar Chavez, stay on frontage road. Towers of Town Lake entrance on right, just before Chevron station. Visitor's gate on right. Use phone at gate to call concierge for access.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 10592.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1459.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Murphy Bed, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Wired for Sound
  • Laundry Location: Laundry Room
  • View: City
  • Flooring: Carpet, Terrazzo, Tile
  • Fireplace Features: Living Room, See Remarks
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Security Lights
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Elevator, See Remarks
  • Roof: Flat Tile
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground, Indoor, Pool/Spa Combo, Waterfall
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Internet-Fiber
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 624.00

Association/Amenities

  • Management Company: Somerset
  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Conference/Meeting Room, Electronic Payments, Fitness Center, Garage Parking, Gated, Google Fiber, Pool, Property Manager On-Site, Sauna, Sidewalks

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: Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02010402160166
  • Lot Size Acres: 0.0260
  • Lot Size Sq Ft: 1132.56
  • Subdivision Name: Towers Town Lake Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1459
  • Tax Lot: 12C2
  • Tax Rate: 2.21399000000000
  • Tax Year: 2018
  • Tax Annual Amount: 9008.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Jan 4, 2019
Sold by
Goodale Mark and Garcia Goodale Julia
Bought by
Pearlson Keri Ellen
Seller's Agent
Ginny Caperton
Sky Realty
Buyer's Agent
Brian Kerman
REALTY CAPITAL CITY
List Price
$699,950
Sold Price
$539,000
Premium/Discount to List
-$160,950
-22.99%
Current Estimated Value
$671,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,799
Avg. Annual Appreciation
4.16%
Original Mortgage
$239,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2000
Sold by
Town Lake Partners Ltd
Bought by
Goodale Mark and Garcia Goodale Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
7.76%
Mortgage Type
Commercial
Source: Public Records

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
Pearlson Keri Ellen -- Chicago Title
Goodale Mark -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearlson Keri Ellen $239,700
Closed Pearlson Keri Ellen $239,000
Previous Owner Goodale Mark Harris $351,750
Previous Owner Goodale Mark $60,000
Previous Owner Goodale Mark H $72,600
Previous Owner Goodale Mark $188,000
Previous Owner Goodale Mark $188,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold -- -- --
11/16/2018 11/16/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $549,000 -12.2% $376 / Sq Ft
07/25/2018 07/25/18 Price Changed $625,000 -10.7% $428 / Sq Ft
07/03/2018 07/03/18 For Sale $699,950 -- $480 / 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 $7,287 $584,616 $133,977 $450,639
2022 $10,654 $539,440 $0 $0
2021 $10,674 $490,400 $133,977 $356,423
2020 $10,999 $512,827 $133,977 $378,850
2018 $10,592 $478,414 $111,648 $366,766
2017 $9,968 $446,959 $111,648 $375,424
2016 $9,062 $406,326 $111,648 $372,742
2015 $7,412 $369,387 $139,559 $305,050
2014 $7,412 $335,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Ginny Caperton

    Sky Realty

    Section Image

  • V

    Seller Co-Listing Agent in 2019

    Victoria Teas

    Sky Realty

    Section Image
  • Brian Kerman

    Buyer's Agent in 2019

    Brian Kerman

    RE/MAX

    (512) 921-4490

    16 Total Sales

    Brian Kerman
    Section Image
See All Agents

About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5139397

Unlock MLS (Austin Board of REALTORS®)

APN: 188196

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 12C2, Austin, TX

This home is located at 40 N Interstate 35 Unit 12C2, Austin, TX 78701 since 03 July 2018 and is currently estimated at $671,799, approximately $460 per square foot. This property was built in 1983. 40 N Interstate 35 Unit 12C2 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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