Posada del Rey 505 W 7th St Unit 216 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $597,904 - $720,000
2
Beds
1
Bath
946
Sq Ft
$311/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Community
- End Unit
- Mathews Elementary School Rated A
- City View
- 4-minute walk to Republic Square Park
About This Home
As of March 2013Rare opportunity to purchase a unit in this older, well maintained gated condo community within walking distance of Whole Foods and The Warehouse District. New Federal Courthouse is two blocks away! Faces East with DT views. 2BR/1BA with stained cement floors and newer AC. New roof, new elevator and underground parking for one vehicle. Gas (hot water) is included in HOA dues.Restrictions: Yes
Last Agent to Sell the Property
George Hughes Real Estate License #0321910 Listed on: 01/18/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,788
Year Built
- Built in 1964
Lot Details
- End Unit
- Wrought Iron Fence
HOA Fees
- $311 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Slab Foundation
- Flat Tile Roof
- Masonry Siding
Interior Spaces
- 946 Sq Ft Home
- 1-Story Property
- Bookcases
- Track Lighting
- Living Room with Fireplace
- Dining Room
- Concrete Flooring
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Outdoor Features
- In Ground Pool
- Outdoor Grill
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02060104130046
Community Details
Overview
- Association fees include common area maintenance, gas, hot water, insurance, landscaping
- Posada Del Rey Association
- Mid-Rise Condominium
- Posada Del Rey Condo Amd Subdivision
- Mandatory home owners association
Amenities
- Common Area
- Laundry Facilities
- Elevator
- Community Mailbox
Recreation
- Park
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2013
Closed on
Feb 25, 2013
Sold by
Taylor Richard A and Hughes George W
Bought by
Lobb George C and Hein Angela S
Seller's Agent
George Hughes
George Hughes Real Estate
Buyer's Agent
George Hughes
George Hughes Real Estate
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
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
$358,952
Avg. Annual Appreciation
6.58%
Original Mortgage
$240,000
Outstanding Balance
$56,793
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$602,159
Similar Homes in Austin, TX
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lobb George C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lobb George C | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2013 03/01/13 | Sold | -- | -- | -- |
| 01/31/2013 01/31/13 | Pending | -- | -- | -- |
| 01/18/2013 01/18/13 | For Sale | $319,900 | -- | $338 / 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 | $6,478 | $447,966 | $0 | $0 |
| 2022 | $8,043 | $407,242 | $0 | $0 |
| 2021 | $8,059 | $370,220 | $135,465 | $234,755 |
| 2020 | $7,948 | $370,543 | $132,521 | $238,022 |
| 2018 | $7,901 | $356,873 | $132,521 | $238,956 |
| 2017 | $7,235 | $324,430 | $132,521 | $220,754 |
| 2016 | $6,577 | $294,936 | $132,521 | $162,415 |
| 2015 | $6,452 | $300,496 | $132,521 | $167,975 |
| 2014 | $6,452 | $300,496 | $132,521 | $167,975 |
Source: Public Records
Agents Affiliated with this Home
-
George Hughes
G
Seller's Agent in 2013
George Hughes
George Hughes Real Estate
(512) 940-4894
1 in this area
1 Total Sale
About Posada del Rey
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8812464
APN: 194227
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