Posada del Rey 505 W 7th St Unit 303 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $608,178 - $725,000
2
Beds
2
Baths
1,004
Sq Ft
$330/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Community
- Wooded Lot
- Mathews Elementary School Rated A
- City View
- 4-minute walk to Republic Square Park
About This Home
As of May 2016Rare opportunity to own a TOP-FLOOR Posada del Rey condo with quiet location & spectacular downtown views (new triple pane windows in 2014)! Enjoy the Spanish style courtyard with original Austin charm as you walk or bike to everything. Complete remodel in 2008 with granite, custom cabinets and beautiful finishes that complement the beautiful exterior with refreshing pool and fountains. One of the only 2/2’s in complex with full bath 2nd. Affordable downtown living at its finest!Restrictions: Yes
Last Agent to Sell the Property
Twelve Rivers Realty License #0547129 Listed on: 02/26/2016
Last Buyer's Agent
Judy Moss
Moss Real Estate Partners License #0595252
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,189
Year Built
- Built in 1964
Lot Details
- Wrought Iron Fence
- Wooded Lot
HOA Fees
- $330 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Slab Foundation
- Tile Roof
- Flat Tile Roof
- Stucco
Interior Spaces
- 1,004 Sq Ft Home
- 1-Story Property
- Window Treatments
- Living Room with Fireplace
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- No Interior Steps
- In Ground Pool
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02060104130054
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, gas, insurance, trash, water
- Posada Del Rey Association
- Visit Association Website
- Mid-Rise Condominium
- Posada Del Rey Condo Amd Subdivision
- Mandatory home owners association
- The community has rules related to deed restrictions
Recreation
Additional Features
- Laundry Facilities
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2016
Closed on
May 18, 2016
Sold by
Goodwin Jeremy Gravel
Bought by
Mullenix William and Mullenix Marianne
Seller's Agent
Paul Smith
Twelve Rivers Realty
Buyer's Agent
Judy Moss
Moss Real Estate Partners
List Price
$419,900
Sold Price
$385,000
Premium/Discount to List
-$34,900
-8.31%
Total Days on Market
54
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
$281,589
Avg. Annual Appreciation
6.02%
Purchase Details
Closed on
Oct 30, 2008
Sold by
Ward Elaine M
Bought by
Goodwin Jeremy Gravel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,240
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 1994
Sold by
Mustin Al K and Mustin Carol Jan Ford
Bought by
Ward Elaine M
Purchase Details
Closed on
Oct 6, 1994
Sold by
Phenix George R
Bought by
Ward Elaine
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 |
|---|---|---|---|
| Mullenix William | -- | Cnat | |
| Goodwin Jeremy Gravel | -- | North American Title | |
| Ward Elaine M | -- | Texas Professional Title Inc | |
| Ward Elaine | -- | Texas Professional Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Goodwin Jeremy Gravel | $186,200 | |
| Previous Owner | Goodwin Jeremy Gravel | $186,240 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2016 05/19/16 | Sold | -- | -- | -- |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- |
| 04/10/2016 04/10/16 | Price Changed | $395,000 | -0.6% | $393 / Sq Ft |
| 03/31/2016 03/31/16 | Price Changed | $397,500 | -0.6% | $396 / Sq Ft |
| 03/10/2016 03/10/16 | Price Changed | $399,900 | -4.8% | $398 / Sq Ft |
| 02/26/2016 02/26/16 | For Sale | $419,900 | 0.0% | $418 / Sq Ft |
| 04/27/2012 04/27/12 | Rented | $2,195 | 0.0% | -- |
| 04/26/2012 04/26/12 | Under Contract | -- | -- | -- |
| 04/19/2012 04/19/12 | For Rent | $2,195 | -- | -- |
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 | $12,189 | $673,721 | $311,810 | $361,911 |
| 2022 | $12,849 | $650,586 | $143,433 | $507,153 |
| 2021 | $8,709 | $400,104 | $143,433 | $256,671 |
| 2020 | $8,591 | $400,558 | $140,315 | $260,243 |
| 2018 | $8,891 | $401,578 | $140,315 | $261,263 |
| 2017 | $8,354 | $374,606 | $140,315 | $234,291 |
| 2016 | $6,973 | $312,690 | $140,315 | $172,375 |
| 2015 | $7,253 | $318,593 | $140,315 | $178,278 |
| 2014 | $7,253 | $318,593 | $140,315 | $178,278 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Smith
Seller's Agent in 2016
Paul Smith
Twelve Rivers Realty
(512) 228-8074
172 Total Sales
-
J
Buyer's Agent in 2016
Judy Moss
Moss Real Estate Partners
-
Karen Covey
Seller's Agent in 2012
Karen Covey
Goodwin Partners, Inc.
(512) 423-5018
38 Total Sales
-
N
Buyer's Agent in 2012
Non Member
Non Member
About Posada del Rey
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4979937
APN: 194235
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