$379,900
SOLD DEC 28, 2012
Last list price
2 Beds
2 Baths
1,164 Sq Ft
$411/mo HOA Fee

Recently Sold

$326 Per Sq Ft

8 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Central Heating
  • Mathews Elementary School Rated A
  • Walk-In Closet
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of August 2023

This home is located at 54 Rainey St Unit 1209, Austin, TX 78701 and is currently estimated at $379,900, approximately $326 per square foot. This property was built in 2005. 54 Rainey St Unit 1209 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

Last Buyer's Agent

Joseph Cummings

Compass RE Texas, LLC License #0544853

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,166

Year Built

  • 2005

HOA Fees

  • $411 Monthly HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Concrete Roof

Interior Spaces

  • 1,164 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Electricity To Lot Line

Community Details

  • Association fees include gas, security system, sewer fees, trash collection, water fees
  • High-Rise Condominium

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,166

Year Built

2005

Lot Details

0

HOA Fees

$411 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo
  • Unit Style: High Rise (8-13 Stories)
  • Access Instructions: Key W/Management Co.
  • Exclusions: See Agent
  • Restrictions: Yes
  • Total Sq Ft: 1164
  • Stories: 1
  • Year Built Exception: Resale
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 0.97394
  • Ratio Close Price By Original Li: 0.97394
  • Ratio Close Price By Sq Ft: 317.87
  • Ratio Current Price By Lot Size: 52857142.86
  • Ratio Current Price By Sq Ft: 317.87
  • Ratio List Price By Sq Ft: 326.37
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Master Description: Full Bath, Walk-In Closet
  • Main Level Bedrooms: 2
  • Interior Amenities: Indoor Utilities, See Agent, Walk-In Closet
  • Dining Description: Kit/Din Combo
  • View: City, Lake/River
  • Laundry Facilities: Utility/Laundry Room
  • Flooring: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Kitchen Appliances: Built-In Oven(s), Cook Top Electric, Dishwasher, Disposal, Microwave Oven
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Region: Austin - Central

Exterior Features

  • Pool on Property: Yes
  • Roof: Concrete
  • Construction: Alt Bldg System
  • Water Access: Yes
  • Water Access Description: Public Ramp
  • Foundation: See Agent
  • Pool Descron Prop: Above Ground

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Parking Garage

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity On Property
  • Heating: Central Heat
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: Gas, Security System, Sewer Fees, Trash Collection, Water Fees
  • Association Fee Frequency: Monthly
  • Association Fee: 411
  • Hoa Name: Somerset Association
  • H O A Requirement: Mandatory

Schools

  • School District: Austin ISD
  • Elementary A: Mathews
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Size Area: 0.007

Tax Info

  • Actual Tax: 6865.48
  • Tax Filled Sqft Total: 1164
  • Tax Rate: 2.38230000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Aug 17, 2023
Sold by
Mcmahon Kathryn
Bought by
Wurst Daniel M and Wurst Kerstin
Seller's Agent
Bryan Cady
DEN Property Group
Buyer's Agent
Sherene Mayner
Womack Real Estate LLC
List Price
$675,000
Sold Price
$610,000
Premium/Discount to List
-$65,000
-9.63%
Views
51
Current Estimated Value
$609,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$838
Avg. Annual Appreciation
-3.17%
Original Mortgage
$457,500
Outstanding Balance
$449,233
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$124,213

Purchase Details

Listed on
Dec 5, 2012
Closed on
Jan 7, 2013
Sold by
Dawson Jim and Dawson Jim A
Bought by
Mcmahom Kathryn
Seller's Agent
Northern Realty Group
Buyer's Agent
Joseph Cummings
Compass RE Texas, LLC
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Dawson Linda
Bought by
Dawson Jim A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- Independence Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $457,500 New Conventional
Previous Owner $36,990 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold -- -- --
07/10/2023 07/10/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $625,000 -3.8% $537 / Sq Ft
06/05/2023 06/05/23 Price Changed $650,000 -2.2% $558 / Sq Ft
05/19/2023 05/19/23 Price Changed $664,500 -1.5% $571 / Sq Ft
05/01/2023 05/01/23 Price Changed $674,900 0.0% $580 / Sq Ft
04/07/2023 04/07/23 For Sale $675,000 +77.7% $580 / Sq Ft
12/28/2012 12/28/12 Sold -- -- --
12/13/2012 12/13/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $379,900 -- $326 / 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 $8,166 $675,565 $0 $0
2022 $12,129 $614,150 $0 $0
2021 $12,153 $558,318 $109,575 $448,743
2020 $11,531 $537,608 $78,894 $458,714
2018 $11,535 $520,984 $65,745 $455,239
2017 $11,630 $521,510 $65,745 $455,765
2016 $10,854 $486,674 $65,745 $420,929
2015 $9,022 $447,652 $65,745 $393,583
2014 $9,022 $406,956 $65,745 $341,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4816828

Unlock MLS (Austin Board of REALTORS®)

APN: 719742