NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 8C1 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $991,000 - $1,184,300

3 Beds
3 Baths
2,651 Sq Ft
$1,034/mo HOA Fee

Last Sold March 05, 2014

Current estimated payment $8,096/month

151 Days on Market

Highlights

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

About This Home

As of March 2014

Rare 3 bedroom, 3 bath condo in the Towers of Town Lake has been remodeled beautifully. Enjoy spectacular views of downtown AND Ladybird Lake from this huge 8th floor unit. Spacious open floorplan has 3 large bedrooms, remodeled kitchen & baths, great city views from living/dining room. This 2651 sqft condo is an unbeatable downtown value. The Towers is an established community with unmatched amenities: indoor & outdoor pools, sauna, gym, basketball/raquetball, game room, library, trail access, and more!FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Jen Templeton

Compass RE Texas, LLC License #0557056 Listed on: 08/29/2013

Compass RE Texas, LLC

Co-Listed By

David Bean

Compass RE Texas, LLC License #0625173

Last Buyer's Agent

Ed Neuhaus

Neuhaus Realty Group, LLC License #0593057

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,251

Year Built

  • Built in 1983

Lot Details

  • 2,091

HOA Fees

  • $1,034 Monthly HOA Fees

Property Views

  • Hills

Home Design

  • Slab Foundation

Interior Spaces

  • 2,651 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • <<builtInOvenToken>>
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Reserved Parking

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • In Ground Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available

Additional Features

  • No Interior Steps
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 02010402160113

Community Details

Overview

  • Towers Of Town Lake Association
  • Towers Town Lake Condo Amd Subdivision

Amenities

  • Common Area
  • Game Room
  • Elevator
  • Community Mailbox

Recreation

  • Sport Court

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,251

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,034 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Building Area Total: 2651
  • Year Built: 1983
  • Directions: Located on west side of I35 between Holly and Riverside Dr. From southbound access road of I35, turn into complex and turn right to gate.
  • Disclosures: See Remarks
  • Fencing: See Remarks
  • Levels: One
  • Living Area: 2651
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT1372
  • Co List Office Phone: (512) 328-3939
  • Estimated Taxes: 11336.00
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead
  • Unit Style: High Rise (8-13 Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Multiple Dining Areas, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
  • View: City, Hill Country, Lake, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Main Level Bedrooms: 3
  • Property Condition: Resale, Excellent
  • Security Features: None
  • Spa Features: Hot Tub, In Ground
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Hall
  • Num Dining: 2
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Reserved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1034

Association/Amenities

  • Association Name: Towers of Town Lake
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Fitness Center, Game/Rec Rm, Gated, Pool, Sauna, Sport Court(s)/Facility

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 02010402160113
  • Lot Size Acres: 0.048
  • Lot Size Sq Ft: 2090.88
  • Subdivision Name: Towers Town Lake Condo Amd
  • Crops: None

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: See Remarks

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 12251
  • Tax Filled Sqft Total: 2651
  • Tax Rate: 2.41905000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2013
Closed on
Mar 3, 2014
Sold by
Jung Charles C and Jung Sooaei
Bought by
Malcolm Edward Bruce and Malcolm Molly Beth
Seller's Agent
Jen Templeton
Compass RE Texas, LLC
Buyer's Agent
Ed Neuhaus
Neuhaus Realty Group, LLC
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Current Estimated Value
$1,087,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,650
Avg. Annual Appreciation
4.43%
Original Mortgage
$532,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2007
Sold by
St Martin Helen
Bought by
Jung Charles C and Jung Sooaei
Source: Public Records

Range of Values:

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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
Malcolm Edward Bruce -- None Available
Jung Charles C -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malcolm Edward Bruce $486,400
Closed Malcolm Edward Bruce $531,690
Closed Malcolm Edward Bruce $532,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2014 03/05/14 Sold -- -- --
01/27/2014 01/27/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $699,000 -- $264 / 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 $12,657 $1,023,172 $0 $0
2022 $18,370 $930,156 $0 $0
2021 $18,406 $845,596 $246,081 $599,515
2020 $18,442 $859,826 $246,081 $613,745
2018 $19,151 $865,000 $205,068 $659,932
2017 $16,392 $735,000 $205,068 $529,932
2016 $16,102 $722,000 $205,068 $516,932
2015 $15,089 $644,490 $256,335 $388,155
2014 $15,089 $634,036 $256,335 $377,701
Source: Public Records

Agents Affiliated with this Home

  • Jen Templeton

    Seller's Agent in 2014

    Jen Templeton

    Compass RE Texas, LLC

    (512) 797-0353

    28 Total Sales

    Jen Templeton
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    David Bean

    Compass RE Texas, LLC

    (512) 689-4804

    2 in this area

    33 Total Sales

    David Bean
    Section Image
  • Ed Neuhaus

    Buyer's Agent in 2014

    Ed Neuhaus

    Neuhaus Realty Group, LLC

    (512) 827-8830

    24 Total Sales

    Ed Neuhaus
    Section Image
See All Agents

About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1887585

Unlock MLS (Austin Board of REALTORS®)

APN: 188143

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 8C1, Austin, TX

This home is located at 40 N Interstate 35 Unit 8C1, Austin, TX 78701 since 29 August 2013 and is currently estimated at $1,087,650, approximately $410 per square foot. This property was built in 1983. 40 N Interstate 35 Unit 8C1 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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