NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 1009 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $538,822 - $671,000

2 Beds
2 Baths
1,164 Sq Ft
$618/ mo HOA Fee

Last Sold November 04, 2021

Current estimated payment $4,423/month

20 Days on Market

Highlights

  • Concierge
  • Lake Front
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of November 2021

PUBLIC OPEN HOUSE SAT 10/2 12PM-2PM- A true gem right in the heart of the Rainey District! Fantastic 2-bedroom, 2-bath condo on an upper floor of the Milago! Just steps from Ladybird Lake, the hike-and-bike trail, restaurants, bars, and all the fun and convenience that downtown Austin has to offer. Ready for move-in! Open light-filled space with large private patio and easy access to common spaces and walking/running/biking trail. Well-lit kitchen offers updated stainless appliances, crisp granite countertops, a center island, and lots of cabinetry for storage. Primary bedroom with ensuite bath, double vanities, and a large walk-in closet. Great Milago amenities include rooftop pool and spa, fitness center, club room, and WiFi lounge. Two assigned spots in the private Milago parking garage. Easy lock-and-leave! Nest thermostat conveys! This is urban Austin living at its best!

Last Agent to Sell the Property

Schuyler Williamson

Keller Williams Realty License #0654840 Listed on: 09/17/2021

Keller Williams Realty

Last Buyer's Agent

Cody Julian

Compass RE Texas, LLC License #0598391

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,120

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Concrete Roof
  • Masonry Siding

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Laminate Flooring
  • Prewired Security

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Terrace

Location

  • Unit is on the top floor
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1009
  • Assessor Parcel Number 02030313730000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, sewer, trash
  • Milago Association
  • Visit Association Website
  • High-Rise Condominium
  • Milago Condo Amd Subdivision
  • Lock-and-Leave Community
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Community Barbecue Grill
  • Courtyard
  • Common Area
  • Business Center
  • Lounge
  • Community Mailbox
  • Elevator

Recreation

Security

  • 24-Hour Security
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,120

Year Built

Built in 2005

Lot Details

305 Sq Ft Lot

HOA Fees

$618 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Elevator, Neighbor Below
  • Restrictions: Deed Restrictions
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: From I-35: take exit 234A toward Cesar-Chavez St/Holly St. Merge onto I-35 Frontage Rd. Right on River St. Left onto Rainey St. From Mopac: Take Cesar-Chavez east. Right on Red River. Left on Driskill. Right on Rainey.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 12247.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • 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: 1164.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, 2 Primary Suites, Ceiling Fan(s), Electric Dryer Hookup, Elevator, Kitchen Island, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Unit, Laundry Closet
  • View: City
  • Flooring: Laminate
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Prewired, Secured Garage/Parking, Smoke Detector(s)
  • Window Features: Blinds

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Covered, Terrace
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Colorado River
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Covered, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 617.79
  • Community Web Site: http://www.milagocondos.com/

Association/Amenities

  • Association Name: Milago
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Common Grounds, Concierge, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Lock and Leave, Lounge, Pool, See Remarks

Schools

  • School District: Austin ISD
  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: City Lot, Views
  • Parcel Number: 02030313730000
  • Lot Size Acres: 0.0070
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd

Building Info

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

Tax Info

  • Tax Filled Sqft Total: 1164
  • Tax Lot: 1009
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 10120.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 4, 2021
Sold by
Jordan Zachary L and Jordan Sarah
Bought by
Garg Roopal and Narula Mansi
Seller's Agent
Schuyler Williamson
Keller Williams Realty
Buyer's Agent
Cody Julian
Compass RE Texas, LLC
List Price
$600,000
Current Estimated Value
$581,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$460,000
Outstanding Balance
$416,342
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$165,364

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 1, 2021
Sold by
Jordan Zachary L and Jordan Sarah
Bought by
Garg Roopal and Narula Mansi
Seller's Agent
Schuyler Williamson
Keller Williams Realty
Buyer's Agent
Cody Julian
Compass RE Texas, LLC
List Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$416,342
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$165,364

Purchase Details

Listed on
Sep 25, 2015
Closed on
Mar 3, 2016
Sold by
Hernandez Camilo
Bought by
Jordan Zachary L and Jordan Sarah
Seller's Agent
Kendred Manceaux
Keller Williams Realty
Buyer's Agent
Thomas Thornton
Compass RE Texas, LLC
List Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$328,875
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2011
Sold by
Kimball Johanna E
Bought by
Hernandez Camilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garg Roopal -- Independence Title
Garg Roopal -- Independence Title
Jordan Zachary L -- None Available
Hernandez Camilo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Roopal $460,000
Closed Garg Roopal $460,000
Previous Owner Jordan Zachary L $328,875
Previous Owner Hernandez Camilo $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2021 11/04/21 Sold -- -- --
10/07/2021 10/07/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $600,000 +33.4% $515 / Sq Ft
03/09/2016 03/09/16 Sold -- -- -- View Prior Sale
02/09/2016 02/09/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $449,900 -2.2% $387 / Sq Ft
11/05/2015 11/05/15 Price Changed $460,000 -3.2% $395 / Sq Ft
09/25/2015 09/25/15 For Sale $475,000 0.0% $408 / Sq Ft
08/07/2013 08/07/13 Rented $2,500 0.0% --
08/07/2013 08/07/13 Under Contract -- -- --
07/12/2013 07/12/13 For Rent $2,500 0.0% --
09/26/2012 09/26/12 Rented $2,500 +4.2% --
09/17/2012 09/17/12 Under Contract -- -- --
06/12/2012 06/12/12 For Rent $2,400 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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 $9,338 $577,317 $219,150 $358,167
2023 $9,918 $645,150 -- --
2022 $11,583 $586,500 $219,150 $367,350
2021 $10,988 $504,800 $109,575 $395,225
2020 $10,744 $500,900 $78,894 $422,006
2018 $10,671 $482,000 $65,745 $416,255
2017 $9,779 $438,500 $65,745 $372,755
2016 $10,530 $472,174 $65,745 $406,429
2015 $7,981 $434,528 $65,745 $368,783
2014 $7,981 $360,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Schuyler Williamson

    Seller's Agent in 2021

    Schuyler Williamson

    Keller Williams Realty

    (512) 437-1059

    1 in this area

    120 Total Sales

    Schuyler Williamson
    Section Image
  • Cody Julian

    Buyer's Agent in 2021

    Cody Julian

    Compass RE Texas, LLC

    (512) 318-0075

    1 in this area

    130 Total Sales

    Cody Julian
    Section Image
  • Kendred Manceaux

    Seller's Agent in 2016

    Kendred Manceaux

    Keller Williams Realty

    (512) 825-1795

    38 Total Sales

    Kendred Manceaux
    Section Image
  • Belinda Huerta

    Seller Co-Listing Agent in 2016

    Belinda Huerta

    Coldwell Banker Realty

    (512) 751-2726

    36 Total Sales

    Belinda Huerta
    Section Image
  • Thomas Thornton

    Buyer's Agent in 2016

    Thomas Thornton

    Compass RE Texas, LLC

    (512) 636-0672

    Thomas Thornton
    Section Image
  • George Ree

    Seller's Agent in 2013

    George Ree

    REALTY BY GEORGE LLC

    (512) 739-6458

    89 Total Sales

    George Ree
    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7680459

Unlock MLS (Austin Board of REALTORS®)

APN: 719699

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 1009, Austin, TX

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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