Milago Condominiums 54 Rainey St Unit 1120 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated Value: $423,000 - $454,090
1
Bed
1
Bath
756
Sq Ft
$436/mo
HOA Fee
Highlights
- Concierge
- Building Security
- Lake View
- Mathews Elementary School Rated A
- Gated Parking
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of September 2023Unobstructed South West facing views that start on the tree lined trail, expand to the water and stretch all the way to the hill country horizon. Updated kitchen with full backsplash tile, new appliances and recessed lighting. Brand new custom closets designed to perfection. You will enjoy the quiet serenity of being right on the lake. While being just steps away from all the city amenities Rainey and the Downtown area have to offer. 24/7 concierge service. Rooftop pool and hot tub with cabanas and outdoor cooking area. State of the art gym that overlooks the trail and multiple wifi lounge areas to relax in.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,049
Year Built
- Built in 2005 | Remodeled
Lot Details
- Waterfront
- Southwest Facing Home
HOA Fees
- $436 Monthly HOA Fees
Parking
- 1 Car Garage
- Gated Parking
- Assigned Parking
Property Views
- City Lights
- Woods
- Park or Greenbelt
Home Design
- Pillar, Post or Pier Foundation
- Membrane Roofing
- Masonry Siding
Interior Spaces
- 756 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Blinds
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Additional Features
- Accessible Entrance
- Sustainability products and practices used to construct the property include see remarks
- City Lot
Listing and Financial Details
- Down Payment Assistance Available
- Tax Lot 1120
- Assessor Parcel Number 02030314040000
- 0% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, parking, trash
- Milago Condo Amd Association
- High-Rise Condominium
- Milago Condo Amd Subdivision
- Mandatory home owners association
- The community has rules related to building or community restrictions
Amenities
- Concierge
- Community Barbecue Grill
- Lounge
Recreation
- Community Spa
- Trails
Security
- Building Security
- Card or Code Access
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2023
Closed on
Sep 14, 2023
Sold by
Fine Nicholas
Bought by
Bouldin Johanna Sierra
Seller's Agent
Daniel Posada
Capital Downtown REALTORS
Buyer's Agent
Pam Rabon
Rabon Properties
List Price
$480,000
Sold Price
$440,000
Premium/Discount to List
-$40,000
-8.33%
Total Days on Market
24
Views
178
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
-$1,455
Avg. Annual Appreciation
2.57%
Original Mortgage
$396,000
Outstanding Balance
$389,374
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$69,525
Purchase Details
Listed on
Oct 3, 2016
Closed on
Dec 10, 2016
Sold by
Delaney Richard and Delaney Margaret R
Bought by
Fine Nicholas
Seller's Agent
David Shapiro
eXp Realty, LLC
Buyer's Agent
Ellen Noble
Capital Downtown REALTORS
List Price
$395,500
Sold Price
$375,000
Premium/Discount to List
-$20,500
-5.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Purchase Details
Listed on
Apr 5, 2013
Closed on
May 14, 2013
Sold by
Sprinkle James M and Sprinkle Phyllis D
Bought by
Delaney Richard and Delaney Margaret R
Seller's Agent
garrett hill
Berkshire Hathaway TX Realty
Buyer's Agent
garrett hill
Berkshire Hathaway TX Realty
List Price
$320,000
Sold Price
$307,000
Premium/Discount to List
-$13,000
-4.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Purchase Details
Closed on
Jun 22, 2007
Sold by
Wood Tina
Bought by
Sprinkle James M and Sprinkle Phyllis D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,400
Interest Rate
6.16%
Mortgage Type
Commercial
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Similar Homes in Austin, TX
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bouldin Johanna Sierra | -- | None Listed On Document | |
| Fine Nicholas | -- | None Available | |
| Delaney Richard | -- | Gracy Title | |
| Sprinkle James M | -- | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bouldin Johanna Sierra | $396,000 | |
| Previous Owner | Sprinkle James M | $33,466 | |
| Previous Owner | Sprinkle James M | $240,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | -- | -- | -- |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/12/2023 08/12/23 | Price Changed | $465,000 | -3.1% | $615 / Sq Ft |
| 07/28/2023 07/28/23 | For Sale | $480,000 | +23.1% | $635 / Sq Ft |
| 12/16/2016 12/16/16 | Sold | -- | -- | -- |
| 11/28/2016 11/28/16 | Pending | -- | -- | -- |
| 11/11/2016 11/11/16 | Price Changed | $389,900 | -1.4% | $520 / Sq Ft |
| 10/03/2016 10/03/16 | For Sale | $395,500 | +23.6% | $527 / Sq Ft |
| 05/15/2013 05/15/13 | Sold | -- | -- | -- |
| 04/19/2013 04/19/13 | Pending | -- | -- | -- |
| 04/05/2013 04/05/13 | For Sale | $320,000 | -- | $427 / Sq Ft |
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 | $9,733 | $537,962 | $141,308 | $396,654 |
| 2022 | $10,049 | $508,815 | $141,308 | $367,507 |
| 2021 | $9,294 | $426,997 | $70,655 | $356,342 |
| 2020 | $7,832 | $365,133 | $50,871 | $314,262 |
| 2018 | $8,743 | $394,909 | $42,393 | $352,516 |
| 2017 | $8,713 | $390,687 | $42,393 | $348,294 |
| 2016 | $7,732 | $346,688 | $42,393 | $304,295 |
| 2015 | $6,016 | $331,007 | $42,392 | $288,615 |
| 2014 | $6,016 | $307,000 | $42,392 | $264,608 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Posada
D
Seller's Agent in 2023
Daniel Posada
Capital Downtown REALTORS
(512) 795-4359
4 in this area
10 Total Sales
-
Pam Rabon
P
Buyer's Agent in 2023
Pam Rabon
Rabon Properties
(512) 426-5509
1 in this area
16 Total Sales
-
David Shapiro
Seller's Agent in 2016
David Shapiro
eXp Realty, LLC
(512) 893-7330
1 in this area
75 Total Sales
-
Ellen Noble
Buyer's Agent in 2016
Ellen Noble
Capital Downtown REALTORS
(512) 658-9999
2 in this area
12 Total Sales
-
garrett hill
g
Seller's Agent in 2013
garrett hill
Berkshire Hathaway TX Realty
(512) 587-2876
16 Total Sales
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6114680
APN: 719730
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