$619,000
SOLD NOV 5, 2020
Last list price
2 Beds
2 Baths
1,454 Sq Ft
$594/mo HOA Fee

Recently Sold

$426 Per Sq Ft

4 Days on Market

Highlights

  • Concierge
  • Horses Allowed On Property
  • High Ceiling
  • Mathews Elementary School Rated A
  • Panoramic View
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of October 2021

This NW facing Penthouse is one of only 8 units in the building that has a full wrap around balcony with spectacular skyline views of all the iconic downtown buildings (Frost Tower, The Capitol, The Driskill) and very rare to get both sunset and sunrise. Whole Foods/Target just opened around the corner (3-5min walk) at the new Plaza Saltillo Development. Sabine is walking distance to everything relevant. Two reserved parking spaces. Residents are able to get a membership to Hilton salt water pool/hot tub, 24gym and Sauna (~$65/mon). Building is currently being remodeled: hallways, lobby, furniture, etc.

Last Agent to Sell the Property

Kris Vermelis

Douglas Elliman Real Estate License #0633412 Listed on: 10/12/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Cory Mortensen

Spyglass Realty License #0725729

Spyglass Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,941

Year Built

  • Built in 2009

Lot Details

  • Home fronts a stream
  • Northwest Facing Home

HOA Fees

  • $594 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Concrete Flooring

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • Balcony
  • Horses Allowed On Property

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02060422730000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include cable TV, common area maintenance, maintenance structure, trash
  • $300 HOA Transfer Fee
  • Sabine On 5Th HOA
  • High-Rise Condominium
  • Sabine On 05 Residential Condo Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Common Area
  • Package Room
  • Community Mailbox

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,941

Year Built

Built in 2009

Lot Details

0

HOA Fees

$594 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Restrictions: Lease
  • Year Built: 2009
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: Go East on 5th Street and make a LEFT on Sabine. Park in-front of the building on Sabine St. Lockbox is located up wheel chair ramp in the Realtor Box. See remarks for code
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 11909.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: Yes-100 yr
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1454.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Ceiling-High, Murphy Bed, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: City, Panoramic
  • Flooring: Concrete
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • 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: Balcony
  • Roof: Flat Tile
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: Creek, Stream
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Covered, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Cable
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 594.00

Association/Amenities

  • Management Company: First Service
  • Association Name: Sabine on 5th HOA
  • Requirement: Mandatory
  • Association Transfer Fee: 300
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Concierge, Covered Parking, Garage Parking, High Speed Internet, Package Service

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: None
  • Parcel Number: 02060422730000
  • Lot Size Acres: 0.0050
  • Lot Size Sq Ft: 217.80
  • Subdivision Name: Sabine On 05 Residential Condo

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1454
  • Tax Rate: 2.23014000000000
  • Tax Year: 2016
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 5, 2020
Sold by
Maxwell Nora and Maxwell Stephen
Bought by
Marshall Peter and Marshall Candy
Seller's Agent
Kris Vermelis
Douglas Elliman Real Estate
Buyer's Agent
Cory Mortensen
Spyglass Realty
List Price
$619,000
Sold Price
$615,000
Premium/Discount to List
-$4,000
-0.65%
Current Estimated Value
$759,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,702
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Mccann Christopher J and Ccm Equity Trust
Bought by
Maxwell Nora and Maxwell Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
Sold by
Sabine Residences Lp
Bought by
Mccann Christopher J and Ccm Equity Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Independence Title Company
Vendors Lien -- Heritage Title
Special Warranty Deed -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $395,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold -- -- --
10/18/2021 10/18/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $831,900 +34.4% $586 / Sq Ft
11/05/2020 11/05/20 Sold -- -- --
10/16/2020 10/16/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $619,000 0.0% $426 / Sq Ft
10/12/2020 10/12/20 Off Market -- -- --
10/12/2020 10/12/20 For Sale $619,000 0.0% $426 / Sq Ft
05/04/2016 05/04/16 Rented $3,500 -12.5% --
05/03/2016 05/03/16 Under Contract -- -- --
03/15/2016 03/15/16 For Rent $4,000 -- --
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
2023 $14,941 $809,969 $110,500 $699,469
2022 $15,525 $786,124 $110,500 $675,624
2021 $13,957 $641,212 $77,350 $563,862
2020 $13,401 $624,783 $77,350 $547,433
2018 $12,440 $561,871 $49,725 $512,146
2017 $12,586 $564,372 $49,725 $514,647
2016 $12,586 $564,372 $49,725 $514,647
2015 $11,972 $547,172 $49,725 $497,447
2014 $11,972 $503,064 $49,725 $453,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9921220

Unlock MLS (Austin Board of REALTORS®)

APN: 748539