NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 1120 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $406,421 - $468,000

1 Bed
1 Bath
756 Sq Ft
$436/mo HOA Fee

Last Sold September 15, 2023

Current estimated payment $3,301/month

24 Days on Market

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 2023

Unobstructed 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.

Last Agent to Sell the Property

Daniel Posada

Capital Downtown REALTORS License #0688456 Listed on: 07/28/2023

Last Buyer's Agent

Pam Rabon

Rabon Properties License #0400226

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,049

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$436 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Restrictions: Building Style
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: Main entrance near the corner of Rainey St and Cummings St. ungated guest parking garage north of the main entrance.
  • Disclosures: Familial Relation, Seller Disclosure
  • Estimated Taxes: 10048.71
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 756.00
  • Other Contingency Types: Inspection, Financing
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Counter-Granite, Recessed Lighting, Walk-In Closet(s)
  • Laundry Location: In Unit
  • View: City Lights, Lake, Park/Greenbelt, Trees/Woods
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Accessible Entrance
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Electric Oven, Washer/Dryer Stacked
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Building Security, Fire Sprinkler System, Key Card Entry
  • Window Features: Blinds

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet-Fiber, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 435.58

Association/Amenities

  • Association Name: Milago Condo Amd
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Concierge, Google Fiber, Hot Tub Community, Lounge, Pool, Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: City Lot, Views
  • Special Assessment: No
  • Parcel Number: 02030314040000
  • Lot Size Acres: 0.0043
  • Lot Size Sq Ft: 187.31
  • Subdivision Name: Milago Condo Amd

Building Info

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

Tax Info

  • Tax Filled Sqft Total: 750
  • Tax Lot: 1120
  • Tax Rate: 0.01974900000000
  • Tax Year: 2022
  • Tax Annual Amount: 10048.71
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$426,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%

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

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
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
Fine Nicholas -- None Available
Delaney Richard -- Gracy Title
Sprinkle James M -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sprinkle James M $240,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 -- -- -- View Prior Sale
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 -- -- -- View Prior Sale
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

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
2025 $7,243 $366,714 $141,308 $225,406
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

  • D

    Seller's Agent in 2023

    Daniel Posada

    Capital Downtown REALTORS

    (512) 795-4359

    5 in this area

    11 Total Sales

    Daniel Posada
    Section Image

  • P

    Buyer's Agent in 2023

    Pam Rabon

    Rabon Properties

    (512) 426-5509

    1 in this area

    17 Total Sales

    Pam Rabon
    Section Image
  • David Shapiro

    Seller's Agent in 2016

    David Shapiro

    eXp Realty, LLC

    (512) 893-7330

    1 in this area

    64 Total Sales

    David Shapiro
    Section Image
  • Ellen Noble

    Buyer's Agent in 2016

    Ellen Noble

    Capital Downtown REALTORS

    (512) 658-9999

    2 in this area

    9 Total Sales

    Ellen Noble
    Section Image

  • g

    Seller's Agent in 2013

    garrett hill

    Berkshire Hathaway TX Realty

    (512) 587-2876

    13 Total Sales

    garrett hill
    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6114680

Unlock MLS (Austin Board of REALTORS®)

APN: 719730

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 1120, Austin, TX

This home is located at 54 Rainey St Unit 1120, Austin, TX 78701 since 28 July 2023 and is currently estimated at $426,605, approximately $564 per square foot. This property was built in 2005. 54 Rainey St Unit 1120 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and City School.

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