Last list price
Fifth & West Residences 501 West Ave Unit 3701 Austin, TX 78701
Market District Neighborhood
3
Beds
3
Baths
2,517
Sq Ft
$2,166/mo
HOA Fee
Highlights
- Concierge
- Roof Top Pool
- 24-Hour Security
- Mathews Elementary School Rated A
- Fitness Center
- Bridge View
About This Home
As of June 2024Welcome to 501 West Avenue Unit 3701, an exquisite junior penthouse that redefines sophistication. Boasting over 2,500 square feet, this residence offers a harmonious fusion of space, style, and comfort. With three bedrooms, a study, and three bathrooms, every corner is designed to elevate your lifestyle. Step into a realm of refined living where every detail has been meticulously curated. Custom furnishings grace each room, harmonizing perfectly with the approximately 10’5” ceiling heights that amplify the sense of grandeur. Smartly designed custom closets cater to your organizational needs while automated lighting and shades add an extra layer of convenience. Indulge in the seamless blend of modernity and opulence, and experience life at the apex of luxury. With the exception of a few pieces, the property is being offer furnished, featuring Martha O’Hara Interiors’ signature style. Fifth and West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you’ll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don’t miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. The listed exclusions represent some, but not necessarily all, of the items Seller will be removing from the Property prior to closing. A full and final list of non-realty to be established at contract and/or option.
Last Agent to Sell the Property
Moreland Properties Brokerage Phone: (512) 480-0848 License #0624847
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $37,097
Year Built
- Built in 2018
Lot Details
- Southeast Facing Home
- Property is in good condition
HOA Fees
- $2,166 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Secured Garage or Parking
- Assigned Parking
- Community Parking Structure
Property Views
- Lake
- Bridge
Interior Spaces
- 2,517 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wired For Data
- High Ceiling
- Recessed Lighting
- Dining Area
- Storage
- Wood Flooring
Kitchen
- Built-In Oven
- Built-In Gas Range
- Microwave
- Built-In Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Home Security
- Smart Home
- Closed Circuit Camera
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
Pool
- Roof Top Pool
- In Ground Pool
Outdoor Features
- Covered patio or porch
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 01070034480000
Community Details
Overview
- Association fees include common area maintenance, insurance, ground maintenance, security, trash, water
- Fifth And West Association
- Fifth & West Residences Subdivision
- Lock-and-Leave Community
Amenities
- Concierge
- Community Barbecue Grill
- Meeting Room
Recreation
- Dog Park
- Trails
Pet Policy
- Pet Amenities
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2024
Closed on
Jun 18, 2024
Sold by
Hood David D and Hood Kimberly A
Bought by
Joe Ochoa And Christi Smith Joint Revocable T and Ochoa
Seller's Agent
Kelly Martin
Moreland Properties
Buyer's Agent
Albert Ochoa
Success Realty of Texas LLC
List Price
$3,150,000
Sold Price
$2,600,000
Premium/Discount to List
-$550,000
-17.46%
Total Days on Market
64
Views
27
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
$200,588
Avg. Annual Appreciation
8.32%
Purchase Details
Closed on
Mar 29, 2019
Sold by
5Th And West Owner Lp
Bought by
Hood David D and Hood Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Map
About Fifth & West Residences
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Heritage Title | |
| Vendors Lien | -- | Heritage Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $979,750 | New Conventional | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | -- | -- | -- |
| 05/01/2024 05/01/24 | Price Changed | $2,899,000 | -3.3% | $1,152 / Sq Ft |
| 04/05/2024 04/05/24 | Price Changed | $2,999,000 | -4.8% | $1,191 / Sq Ft |
| 03/12/2024 03/12/24 | For Sale | $3,150,000 | -- | $1,251 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
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 | $37,097 | $2,607,550 | $0 | $0 |
| 2022 | $46,816 | $2,370,500 | $0 | $0 |
| 2021 | $46,907 | $2,155,000 | $35,099 | $2,119,901 |
| 2020 | $49,358 | $2,301,200 | $35,099 | $2,266,101 |
| 2018 | $1,034 | $46,687 | $35,099 | $11,588 |
Source: Public Records
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1683295
APN: 901510
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