NOT LISTED FOR SALE

508 E 53rd St Unit 200 Austin, TX 78751

North Loop Neighborhood

Estimated Value: $550,657 - $667,000

3 Beds
2 Baths
1,800 Sq Ft
2,465 Sq Ft Lot

Last Sold November 15, 2013

Current estimated payment $4,150/month

Highlights

  • City Lights View
  • Open Floorplan
  • High Ceiling
  • Lamar Middle School Rated A-
  • Wood Flooring
  • Quartz Countertops

About This Home

As of July 2023

Location! Location! This show stopping FURNISHED penthouse-style condo with unparalleled features, sits opposite the new Home Pizza on North-Loop. Boasting privacy and exclusivity, this remarkable residence stands alone, with no shared walls, and occupies the top floor of the building. Prepare to be captivated by its soaring high ceilings and an abundance of natural light pouring through floor-to-ceiling windows. The open concept living, dining, and kitchen area creates a seamless flow throughout, perfect for both entertaining guests and enjoying quiet evenings at home. The kitchen is a home cook's dream, featuring high-end appliances and abundant counter space. Experience the convenience of a new HVAC system and upscale refrigerator, ensuring optimal comfort and freshness. In addition, a washer and dryer are included in the unit, providing ease of laundry care. Stay connected with high-speed Google Fiber internet, embrace the modernity of smart lights, effortlessly controlled to create the perfect ambiance, and enjoy the added security provided by the Ring doorbell. Conveniently located near restaurants, coffee shops, and neighborhood lounges.

Last Agent to Rent the Property

Brittany Ward

LPT Realty, LLC License #0642023 Listed on: 07/07/2023

Last Renter's Agent

Andrew Thaggard

Keller Williams Realty License #0734310

Keller Williams Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,793

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Wrought Iron Fence

Home Design

  • Slab Foundation
  • Metal Roof
  • Masonry Siding
  • Metal Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Entrance Foyer
  • Wood Flooring
  • City Lights Views
  • Prewired Security

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Walker Accessible Stairs
  • Sustainability products and practices used to construct the property include see remarks

Listing and Financial Details

  • Security Deposit $3,900
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • 12 Month Lease Term
  • $75 Application Fee
  • Tax Lot 200
  • Assessor Parcel Number 02251025060000

Community Details

Overview

  • 3 Units
  • Satsuma Condominiums Community
  • Satsuma 53 Condo Amd Subdivision
  • Property managed by Ward Realty Group

Amenities

  • Restaurant
  • Community Mailbox

Pet Policy

  • Pet Deposit $250
  • 1 Pet Allowed
  • Medium pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,793

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Additional Pet Fee: 150
  • App Deposit Payable To: Mike Latimer
  • App Fee Payable To: Ward Realty Group
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Furnished: Partially
  • Max Lease Months: 24
  • Max Numof Pets: 1
  • Min Lease Months: 12
  • Pet Deposit: 250
  • Security Deposit: 3900
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Medium (< 35 lbs)
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Unit Style: 2nd Floor Entry
  • Year Built: 2006
  • Additional Pet Fee Description: Per Pet
  • Certified Funds: Yes
  • Direction Faces: North
  • Directions: South bound on Airport, turn right on Bruning Avenue then Right on 53rd East, unit will be on the right. From West bound 51st, turn left on Duval St and the right on 53rd East, unit will be on the left.
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: Wrought Iron
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 1800.00
  • Complex Name: Satsuma Condominiums
  • On Site Compliance: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Counter-Quartz, Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections
  • Laundry Location: In Bathroom, Inside, Main Level
  • View: City, City Lights
  • Flooring: Wood
  • Management Company: Ward Realty Group
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Accessible Stairway
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Washer/Dryer
  • Main Level Bedrooms: 3
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Prewired, Smoke Detector(s)
  • Smoking Inside: No
  • Window Features: ENERGY STAR Qualified Windows, Vinyl Windows, Window Coverings

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered, Enclosed, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Covered, Off Street, See Remarks
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Meter Description: See Remarks
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Community Features: Cluster Mailbox, Covered Parking, Restaurant, Sidewalks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Reilly
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: None
  • Parcel Number: 02251025060000
  • Lot Size Acres: 0.0566
  • Lot Size Sq Ft: 2465.50
  • Subdivision Name: Satsuma 53 Condo Amd

Building Info

  • Construction Materials: Masonry – Partial, Metal Siding
  • New Construction: No

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Filled Sqft Total: 1800
  • Tax Lot: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Second Mind Holdings Llc
Bought by
Latimer Mike
Current Estimated Value
$603,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$380,275
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$219,855

Purchase Details

Listed on
Nov 19, 2013
Closed on
Nov 15, 2013
Sold by
Collier David Scott and Collier Kala Philo
Bought by
Second Mind Holdings Llc
Seller's Agent
Chris Riemer
Riemer Residential
Buyer's Agent
Antonia Wilemon
Wilemon Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$262,500
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Martindale James A
Bought by
Collier David Scott and Collier Kala Philo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Latimer Mike -- Independence Title
Second Mind Holdings Llc -- None Available
Collier David Scott -- Heritage Title
Martindale James A -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latimer Mike $427,500
Previous Owner Second Mind Holdings Llc $262,500
Previous Owner Martindale James A $259,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2023 07/30/23 Rented $3,900 0.0% --
07/26/2023 07/26/23 Under Contract -- -- --
07/07/2023 07/07/23 For Rent $3,900 +33.3% --
03/24/2017 03/24/17 Rented $2,925 -8.5% --
03/18/2017 03/18/17 Under Contract -- -- --
02/08/2017 02/08/17 For Rent $3,195 +16.2% --
01/01/2015 01/01/15 Rented $2,750 0.0% --
01/01/2015 01/01/15 Under Contract -- -- --
10/15/2014 10/15/14 For Rent $2,750 0.0% --
11/23/2013 11/23/13 Rented $2,750 0.0% --
11/20/2013 11/20/13 Under Contract -- -- --
11/19/2013 11/19/13 For Rent $2,750 0.0% --
11/15/2013 11/15/13 Sold -- -- --
09/27/2013 09/27/13 Pending -- -- --
08/23/2013 08/23/13 Price Changed $365,000 -2.7% $203 / Sq Ft
06/10/2013 06/10/13 For Sale $375,000 0.0% $208 / Sq Ft
05/23/2013 05/23/13 Off Market -- -- --
04/30/2013 04/30/13 For Sale $375,000 0.0% $208 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $375,000 -- $208 / Sq Ft
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 $9,793 $541,300 $111,002 $430,298
2022 $11,319 $573,128 $111,002 $462,126
2021 $9,817 $451,007 $111,002 $340,005
2020 $7,310 $340,800 $49,334 $291,466
2018 $6,863 $309,977 $49,334 $260,643
2017 $6,533 $292,961 $54,268 $238,693
2016 $6,644 $297,935 $54,268 $243,667
2015 $8,195 $297,935 $54,268 $243,667
2014 $8,195 $344,364 $54,268 $290,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7819031

Unlock MLS (Austin Board of REALTORS®)

APN: 714497