NOT LISTED FOR SALE

Estimated Value: $598,935 - $722,000

2 Beds
2 Baths
1,004 Sq Ft
$330/mo HOA Fee

Last Sold May 19, 2016

Current estimated payment $4,898/month

54 Days on Market

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 2016

Rare 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

Paul Smith

Twelve Rivers Realty License #0547129 Listed on: 02/26/2016

Twelve Rivers Realty

Last Buyer's Agent

Judy Moss

Moss Real Estate Partners License #0595252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,625

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,625

Year Built

Built in 1964

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 3rd+ Floor Entry, Mid Rise (4-7 Stories)
  • Building Area Total: 1004.00
  • Restrictions: Deed Restrictions
  • Year Built: 1964
  • Directions: From Mopac take 5th past Whole Foods to Nueces St. Turn Left, go to 7th St. and take a right. Posada Del Rey is on the right
  • Estimated Taxes: 7315.00
  • FEMA Flood Plain: No
  • Fencing: Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1004.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: Common Area, See Remarks
  • View: City
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Exterior Steps, See Remarks
  • Roof: Flat Tile, Tile
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Garage

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, Insurance, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 330.00
  • Community Web Site: http://posadadelrey.com/

Association/Amenities

  • Association Name: Posada Del Rey
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Gated, Pool

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: Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 02060104130054
  • Lot Size Acres: 0.0140
  • Lot Size Sq Ft: 609.84
  • Subdivision Name: Posada Del Rey Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Filled Sqft Total: 1004
  • Tax Rate: 2.29610000000000
  • Tax Year: 2015
  • Tax Exemptions: Homestead

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
Current Estimated Value
$660,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

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
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $11,625 $553,836 $311,810 $242,026
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

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4979937

Unlock MLS (Austin Board of REALTORS®)

APN: 194235