NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 1103 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $431,656 - $448,000

1 Bed
1 Bath
865 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 30, 2014

Current estimated payment $3,271/month

About This Home

As of May 2014

Rare opportunity to lease the ever-popular 1 Bed + DEN floorplan at Milago on Rainey Street, one of the best managed buildings downtown. Enjoy a full suite of luxury building amenities, including: rooftop pool overlooking Lady Bird Lake, Downtown Austin, and the hill country; resident lounge and business/media room; grilling stations and outdoor entertaining areas along the third-floor garden terrace; 24-hr concierge; and waterfront gym. One of the only buildings downtown with direct access to the hike and bike trail along Lady Bird Lake. The bonus room provides exceptional versatility, easy to furnish as an office, guest bedroom, or flex space. Excellent natural light throughout and open design. New LG W/D installed, new track lighting and new water heater (all 2020). Highly walkable area only a few blocks or less from Royal Blue Grocer and well-reviewed restaurants. Lease includes one parking space in secured garage. Building charges one-time, non-refundable $300 move-in fee and immediately refundable $500 move-in deposit, pending no damages.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 29, 2014
Sold by
Zeno Lance
Bought by
Degelia James
Seller's Agent
Bryan Cady
DEN Property Group
Buyer's Agent
Jude Galligan
TOWERS.net
List Price
$334,900
Sold Price
$327,000
Premium/Discount to List
-$7,900
-2.36%
Current Estimated Value
$439,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,828
Avg. Annual Appreciation
2.74%
Original Mortgage
$310,650
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2006
Sold by
Fairfield Rainey Lp
Bought by
Zeno Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,520
Interest Rate
6.44%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Degelia James -- Independence Title Co
Zeno Lance -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degelia James $318,426
Closed Degelia James $310,650
Previous Owner Zeno Lance $201,520
Previous Owner Zeno Lance $25,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Rented $2,100 0.0% --
05/18/2021 05/18/21 Under Contract -- -- --
05/01/2021 05/01/21 For Rent $2,100 +16.7% --
11/03/2020 11/03/20 Rented $1,800 -7.7% --
10/19/2020 10/19/20 Under Contract -- -- --
09/30/2020 09/30/20 For Rent $1,950 +1.3% --
06/13/2018 06/13/18 Rented $1,925 0.0% --
06/06/2018 06/06/18 Under Contract -- -- --
05/31/2018 05/31/18 For Rent $1,925 0.0% --
05/31/2018 05/31/18 Off Market $1,925 -- --
06/02/2017 06/02/17 Rented $1,850 -2.6% --
06/01/2017 06/01/17 Under Contract -- -- --
04/26/2017 04/26/17 For Rent $1,900 0.0% --
05/30/2014 05/30/14 Sold -- -- --
04/13/2014 04/13/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $334,900 -- $387 / Sq Ft

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 $9,978 $551,473 $162,623 $388,850
2022 $11,449 $579,712 $162,623 $417,089
2021 $8,399 $385,882 $81,312 $304,570
2020 $7,593 $354,000 $58,544 $295,456
2018 $8,145 $367,886 $48,788 $319,098
2017 $7,805 $350,000 $48,788 $301,212
2016 $7,700 $345,250 $48,788 $296,462
2015 $7,591 $327,000 $48,787 $278,213
2014 $7,591 $318,993 $48,787 $270,206
Source: Public Records

Agents Affiliated with this Home

  • Andrew Hackemack

    Seller's Agent in 2021

    Andrew Hackemack

    Bramlett Partners

    (214) 478-0088

    45 Total Sales

    Andrew Hackemack
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Amber Galligan

    Moreland Properties

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member

  • J

    Buyer's Agent in 2018

    Jon Angelovich

    Texas Open Door Realty

    (360) 292-9796

    Section Image
  • Lauren Schrim

    Buyer's Agent in 2017

    Lauren Schrim

    TOWERS.net

    (512) 705-6110

    14 Total Sales

    Lauren Schrim
    Section Image
  • Bryan Cady

    Seller's Agent in 2014

    Bryan Cady

    DEN Property Group

    (512) 768-6729

    7 in this area

    41 Total Sales

    Bryan Cady
    Section Image
See All Agents

About Milago Condominiums

Map

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 1103, Austin, TX

Homes for Sale in Austin, TX

This home is located at 54 Rainey St Unit 1103, Austin, TX 78701 and is currently estimated at $439,828, approximately $508 per square foot. 54 Rainey St Unit 1103 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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