Last list price
Milago Condominiums 54 Rainey St Unit 1218 Austin, TX 78701
Rainey Street Historic District Neighborhood
2
Beds
2.5
Baths
1,956
Sq Ft
$759/mo
HOA Fee
Highlights
- Fitness Center
- Heated In Ground Pool
- Wood Flooring
- Mathews Elementary School Rated A
- River View
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of October 2024Beautiful 2 master bedroom condo WITH OFFICE in the heart of downtown with a lake view. This condo is equipped with custom upgrades, stainless steel appliances, granite counter tops. Living/dining area has plenty of natural light from expansive windows. Balcony view of the lake during the day & downtown lights at night. Ask front desk to see rooftop terrace w/pool & hot tub, exercise facility, club room, WiFi lounge & 2 additional terraces on 1st & 3rd. ASK AGENT ABOUT THE FURNITURE... IT'S FOR SALE!!FEMA - Unknown Restrictions: Yes
Last Agent to Sell the Property
Compass RE Texas, LLC. License #0493420 Listed on: 08/30/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,547
Year Built
- Built in 2005
Lot Details
- South Facing Home
- Dog Run
HOA Fees
- $759 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Assigned Parking
Property Views
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
Interior Spaces
- 1,956 Sq Ft Home
- 1-Story Property
- Built-In Features
- Track Lighting
- Window Treatments
- Multiple Living Areas
- Security System Owned
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
Laundry
- Laundry in Hall
- Laundry on main level
- Dryer
- Washer
Pool
- Heated In Ground Pool
- In Ground Spa
- Fence Around Pool
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- Covered patio or porch
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02030314230000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, landscaping, maintenance structure, parking, security
- Somerset Association
- Visit Association Website
- High-Rise Condominium
- Milago Condo Amd Subdivision
- Mandatory home owners association
- The community has rules related to covenants, conditions, and restrictions, deed restrictions, zoning restrictions
Amenities
- Common Area
- Community Mailbox
- Community Storage Space
- Elevator
Recreation
- Trails
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2025
Sold by
Oliver Michael E and Mauze Rhae Chell
Bought by
54 Rainey Unit 1218 Trust and Oliver
Current Estimated Value
Purchase Details
Listed on
Mar 29, 2024
Closed on
Oct 2, 2024
Sold by
Decker Sam and Brown Shayna Levin
Bought by
Mauze Rhae Chell A and Oliver Michael E
Seller's Agent
Robert Gordon
Bramlett Partners
Buyer's Agent
Karen Prager
Urbanspace
List Price
$1,100,000
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.68%
Purchase Details
Listed on
Aug 30, 2013
Closed on
Sep 27, 2013
Sold by
Perry Roy G
Bought by
Decker Sam
Seller's Agent
j rene ward
Compass RE Texas, LLC.
Buyer's Agent
John Pizzitola
Perfect Tree Realty
List Price
$720,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Purchase Details
Closed on
Jun 22, 2012
Sold by
Mazuelos Robert and Mazuelos Kimberley
Bought by
Friday David D and Friday Kathy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 5, 2006
Sold by
Fairfield Rainey Lp
Bought by
Perry Roy G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,900
Interest Rate
6.28%
Mortgage Type
Commercial
Similar Homes in Austin, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Independence Title | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Itc | |
| Vendors Lien | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $620,900 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2024 10/02/24 | Sold | -- | -- | -- |
| 07/11/2024 07/11/24 | Price Changed | $1,083,999 | -0.3% | $554 / Sq Ft |
| 07/04/2024 07/04/24 | Price Changed | $1,086,999 | -0.3% | $556 / Sq Ft |
| 06/07/2024 06/07/24 | Price Changed | $1,089,999 | -0.9% | $557 / Sq Ft |
| 04/05/2024 04/05/24 | Price Changed | $1,099,999 | 0.0% | $562 / Sq Ft |
| 04/05/2024 04/05/24 | For Sale | $1,100,000 | 0.0% | $562 / Sq Ft |
| 04/05/2024 04/05/24 | Off Market | -- | -- | -- |
| 03/29/2024 03/29/24 | For Sale | $1,100,000 | 0.0% | $562 / Sq Ft |
| 10/31/2023 10/31/23 | Rented | $4,200 | -2.3% | -- |
| 10/23/2023 10/23/23 | Price Changed | $4,300 | -4.4% | $2 / Sq Ft |
| 09/22/2023 09/22/23 | Price Changed | $4,500 | -8.2% | $2 / Sq Ft |
| 09/01/2023 09/01/23 | Price Changed | $4,900 | -2.0% | $3 / Sq Ft |
| 08/02/2023 08/02/23 | Price Changed | $5,000 | -3.8% | $3 / Sq Ft |
| 07/23/2023 07/23/23 | Price Changed | $5,200 | -3.7% | $3 / Sq Ft |
| 07/11/2023 07/11/23 | Price Changed | $5,400 | -1.8% | $3 / Sq Ft |
| 06/22/2023 06/22/23 | Price Changed | $5,500 | -3.5% | $3 / Sq Ft |
| 06/19/2023 06/19/23 | Price Changed | $5,700 | -0.9% | $3 / Sq Ft |
| 06/06/2023 06/06/23 | Price Changed | $5,750 | -2.5% | $3 / Sq Ft |
| 05/23/2023 05/23/23 | Price Changed | $5,895 | -1.8% | $3 / Sq Ft |
| 05/05/2023 05/05/23 | For Rent | $6,000 | +34.8% | -- |
| 05/09/2017 05/09/17 | Rented | $4,450 | 0.0% | -- |
| 05/09/2017 05/09/17 | Under Contract | -- | -- | -- |
| 04/10/2017 04/10/17 | For Rent | $4,450 | +17.1% | -- |
| 08/28/2015 08/28/15 | Rented | $3,800 | +2.7% | -- |
| 08/28/2015 08/28/15 | Under Contract | -- | -- | -- |
| 06/10/2015 06/10/15 | For Rent | $3,700 | -2.6% | -- |
| 03/18/2015 03/18/15 | Rented | $3,800 | +2.7% | -- |
| 02/25/2015 02/25/15 | Under Contract | -- | -- | -- |
| 12/16/2014 12/16/14 | For Rent | $3,700 | 0.0% | -- |
| 09/27/2013 09/27/13 | Sold | -- | -- | -- |
| 09/06/2013 09/06/13 | Pending | -- | -- | -- |
| 08/30/2013 08/30/13 | For Sale | $720,000 | -- | $368 / 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 | $20,900 | $1,243,032 | $367,890 | $875,142 |
| 2022 | $22,241 | $1,126,148 | $367,890 | $758,258 |
| 2021 | $17,501 | $804,000 | $183,945 | $620,055 |
| 2020 | $18,746 | $874,000 | $132,441 | $741,559 |
| 2018 | $19,062 | $861,000 | $110,367 | $750,633 |
| 2017 | $17,841 | $800,000 | $110,367 | $689,633 |
| 2016 | $17,263 | $774,062 | $110,367 | $663,695 |
| 2015 | $16,296 | $706,115 | $110,367 | $595,748 |
| 2014 | $16,296 | $684,780 | $110,367 | $574,413 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2024
Robert Gordon
Bramlett Partners
-
K
Buyer's Agent in 2024
Karen Prager
Urbanspace
-
J
Seller's Agent in 2023
John Pizzitola
Perfect Tree Realty
-
E
Buyer's Agent in 2023
Erin Morrison
MODUS Real Estate
-
C
Buyer's Agent in 2017
Claudia Valerio
Redfin Corporation
-
N
Buyer's Agent in 2015
Non Member
Non Member
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1262505
APN: 719750
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