NOT LISTED FOR SALE

Estimated Value: $468,000 - $471,223

1 Bed
1 Bath
709 Sq Ft
$241/mo HOA Fee

Last Sold October 16, 2020

Current estimated payment $3,289/month

6 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Mathews Elementary School Rated A
  • Gated Community
  • 4-minute walk to Republic Square Park

About This Home

As of October 2020

One of the best buys in Downtown Austin, in the middle of it all and walk to everything. Beautiful 1 bedroom condo in a great community. Recent flooring and ready to move in. Walk to restaurants, Whole Foods, This beautiful condo also comes with a space in the covered parking garage. Gorgeous swimming pool right outside!

Last Agent to Sell the Property

Kirk Lewis

Homecity Real Estate License #0484323 Listed on: 09/16/2020

Last Buyer's Agent

George Hughes

George Hughes Real Estate License #0321910

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,145

Year Built

  • Built in 1964

Lot Details

  • 436

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Reserved Parking

Home Design

  • Raised Foundation
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 709 Sq Ft Home
  • 1-Story Property
  • Track Lighting
  • Window Treatments

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

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

Additional Features

  • North Facing Home
  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02060104130044
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, parking, trash, water
  • $175 HOA Transfer Fee
  • Posada Del Rey HOA
  • Posada Del Rey Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area
  • Laundry Facilities
  • Community Mailbox
  • Elevator

Recreation

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,145

Year Built

Built in 1964

Lot Details

0

HOA Fees

$241 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 2nd Floor Entry, Single level Floor Plan, Elevator, Neighbor Above, Neighbor Below
  • Restrictions: Covenant
  • Year Built: 1964
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From MoPac take 5th past Whole Foods left on Rio Grande. Right on 7th
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 6145.00
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 709.00
  • Other Structures: None, See Remarks
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, Primary Bedroom on Main, Track Lighting
  • Laundry Location: Common Area
  • View: None
  • Flooring: Tile, Vinyl, See Remarks
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Cooktop Gas, Free-Standing Range, Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Fire Alarm
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Tile
  • Foundation: Raised, Slab
  • Patio And Porch Features: None
  • Pool Features: Fenced, In Ground
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Attached, Garage, Reserved
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Parking, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 241.00

Association/Amenities

  • Association Name: Posada del Rey HOA
  • Requirement: Mandatory
  • Association Transfer Fee: 175
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Curbs, Gated, Pool, 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: Curbs
  • Special Assessment: No
  • Parcel Number: 02060104130044
  • Lot Size Acres: 0.0100
  • Lot Size Sq Ft: 435.60
  • Subdivision Name: Posada Del Rey Condo Amd

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 709
  • Tax Rate: 2.37980000000000
  • Tax Year: 2019
  • Tax Annual Amount: 6145.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 16, 2020
Sold by
Mahar Alan C
Bought by
Patmalniece Madara
Seller's Agent
Kirk Lewis
Homecity Real Estate
Buyer's Agent
George Hughes
George Hughes Real Estate
List Price
$310,000
Current Estimated Value
$469,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$293,500
Outstanding Balance
$262,230
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$213,199

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jul 18, 2016
Sold by
Beck Gary G and Beck Carol H
Bought by
Mahar Alan C
Seller's Agent
Mary Jane Parker
eXp Realty, LLC
Buyer's Agent
Kirk Lewis
Lewis Residential
List Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$245,100
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2013
Closed on
Dec 18, 2013
Sold by
Marriott William D
Bought by
Beck Gary G and Beck Carol H
Seller's Agent
Jo Carol Snowden
Moreland Properties
Buyer's Agent
Non Member
Non Member
List Price
$269,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$198,400
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1999
Sold by
Manderson Robert H
Bought by
Sullivan Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,875
Interest Rate
7.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patmalniece Madara -- Independence Title
Mahar Alan C -- Independence Title Company
Beck Gary G -- Tatco
Sullivan Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patmalniece Madara $293,500
Previous Owner Mahar Alan C $245,100
Previous Owner Beck Gary G $198,400
Previous Owner Marriott William D $115,200
Previous Owner Sullivan Susan $54,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold -- -- --
09/22/2020 09/22/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $310,000 0.0% $437 / Sq Ft
08/25/2017 08/25/17 Rented $1,500 0.0% --
08/22/2017 08/22/17 Under Contract -- -- --
08/09/2017 08/09/17 Price Changed $1,500 -6.3% $2 / Sq Ft
07/29/2017 07/29/17 For Rent $1,600 0.0% --
07/18/2016 07/18/16 Sold -- -- --
06/17/2016 06/17/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $270,000 0.0% $381 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $270,000 +3.8% $381 / Sq Ft
12/19/2013 12/19/13 Sold -- -- --
12/02/2013 12/02/13 Pending -- -- --
11/08/2013 11/08/13 Price Changed $260,000 -0.8% $367 / Sq Ft
10/28/2013 10/28/13 Price Changed $262,000 -1.1% $370 / Sq Ft
10/16/2013 10/16/13 Price Changed $265,000 -1.7% $374 / Sq Ft
09/03/2013 09/03/13 For Sale $269,500 -- $380 / 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
2025 $5,884 $418,978 -- --
2023 $4,811 $346,263 $0 $0
2022 $6,217 $314,785 $0 $0
2021 $6,229 $286,168 $101,416 $184,752
2020 $6,146 $286,535 $99,212 $187,323
2018 $6,360 $287,270 $99,212 $188,058
2017 $6,087 $272,945 $99,212 $173,733
2016 $5,348 $239,814 $99,212 $140,602
2015 $5,822 $244,557 $99,212 $145,345
2014 $5,822 $244,628 $99,212 $145,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3898083

Unlock MLS (Austin Board of REALTORS®)

APN: 194225