Sabine on Fifth 507 Sabine St Unit 809 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $408,000 - $414,836
1
Bed
1
Bath
916
Sq Ft
$486/mo
HOA Fee
Highlights
- City View
- Main Floor Primary Bedroom
- Elevator
- Mathews Elementary School Rated A
- High Ceiling
- 5-minute walk to Sir Swante Palm Park
About This Home
As of February 2022The perfect layout and location! Spacious 1bed + office/flex space, two massive arched windows, high ceilings, and juliet balcony. Situated right off Waller Creek in Historic Downtown puts you in the middle of everything, walking distance to: Eastside, Rainey, 6th, Town Lake, Stubbs, and more. New Whole Foods/Target recently opened one street over at Plaza Saltillo. 6th Street is in the process of a major overhaul from commercial developers from Congress to I35 frontage. Also, the Waterloo Conservancy is currently underway which is a massive redevelopment of Waller Creek/Parks right next to this building. Unit comes with one reserved parking space. Residents are able to get membership to Hilton salt water pool/hot tub, 24gym and Sauna (~$65/mon). PLEASE READ SHOWING INSTRUCTIONS UPLOADED. TEXT agent 2 if unavailable.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #0633412 Listed on: 12/10/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,684
Year Built
- Built in 2007
HOA Fees
- $486 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Slab Foundation
- Masonry Siding
Interior Spaces
- 916 Sq Ft Home
- 1-Story Property
- High Ceiling
- Display Windows
- Concrete Flooring
- Laundry closet
Kitchen
- Built-In Oven
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- No Interior Steps
- Balcony
- East Facing Home
- Interior Unit
- Central Heating and Cooling System
Listing and Financial Details
- Down Payment Assistance Available
- Assessor Parcel Number 02060422610000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance
- Sabine On Fifth Association
- High-Rise Condominium
- Sabine On 05 Residential Condo Subdivision
- Mandatory home owners association
Amenities
- Elevator
- Community Mailbox
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2021
Closed on
Feb 7, 2022
Sold by
Morgan Adam S
Bought by
Nguyen Khang
Seller's Agent
Kris Vermelis
Douglas Elliman Real Estate
Buyer's Agent
Chase Cangelosi
All City Real Estate Ltd. Co
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Total Days on Market
24
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
-$68,582
Avg. Annual Appreciation
-4.43%
Original Mortgage
$406,800
Outstanding Balance
$380,907
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$30,511
Purchase Details
Closed on
Jul 25, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morgan Adam S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 5, 2011
Sold by
Cronin Charlotte and Cronin Hugh E
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Jan 31, 2008
Sold by
Sabine Residences Lp
Bought by
Cronin Hugh E and Cronin Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,705
Interest Rate
6.15%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Nguyen Khang | -- | Independence Title | |
| Morgan Adam S | -- | Service Link | |
| Federal Home Loan Mortgage Corp | $166,050 | None Available | |
| Cronin Hugh E | -- | American-Austin Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Khang | $406,800 | |
| Previous Owner | Morgan Adam S | $152,000 | |
| Previous Owner | Cronin Hugh E | $269,705 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2022 02/07/22 | Sold | -- | -- | -- |
| 01/03/2022 01/03/22 | Pending | -- | -- | -- |
| 12/10/2021 12/10/21 | For Sale | $485,000 | 0.0% | $529 / Sq Ft |
| 04/11/2017 04/11/17 | Rented | $1,900 | -5.0% | -- |
| 04/04/2017 04/04/17 | Under Contract | -- | -- | -- |
| 12/28/2016 12/28/16 | For Rent | $2,000 | +2.6% | -- |
| 01/01/2015 01/01/15 | Rented | $1,950 | -2.5% | -- |
| 01/01/2015 01/01/15 | Under Contract | -- | -- | -- |
| 11/19/2014 11/19/14 | For Rent | $2,000 | -- | -- |
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 | $8,684 | $480,000 | $71,500 | $408,500 |
| 2022 | $8,669 | $438,974 | $71,500 | $367,474 |
| 2021 | $8,970 | $402,842 | $50,050 | $352,792 |
| 2020 | $7,700 | $359,000 | $50,050 | $308,950 |
| 2018 | $7,085 | $320,000 | $32,175 | $287,825 |
| 2017 | $6,690 | $300,000 | $32,175 | $267,825 |
| 2016 | $6,690 | $300,000 | $32,175 | $267,825 |
| 2015 | $5,765 | $262,690 | $32,175 | $230,515 |
| 2014 | $5,765 | $242,250 | $32,175 | $210,075 |
Source: Public Records
Agents Affiliated with this Home
-
Kris Vermelis
Seller's Agent in 2022
Kris Vermelis
Douglas Elliman Real Estate
(512) 867-5875
5 in this area
32 Total Sales
-
Stuart Watkins
Seller Co-Listing Agent in 2022
Stuart Watkins
Douglas Elliman Real Estate
(337) 842-6294
1 in this area
21 Total Sales
-
Chase Cangelosi
Buyer's Agent in 2022
Chase Cangelosi
All City Real Estate Ltd. Co
(512) 666-8121
1 in this area
45 Total Sales
-
N
Buyer's Agent in 2017
Non Member
Non Member
About Sabine on Fifth
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 9722406
APN: 748527
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