NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 306 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $585,650 - $683,000

1 Bed
1.5 Baths
1,111 Sq Ft
$645/mo HOA Fee

Last Sold July 24, 2023

Current estimated payment $5,068/month

13 Days on Market

Highlights

  • Concierge
  • Roof Top Pool
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of July 2023

This huge, immaculate one of a kind, one bedroom condo is the perfect choice for downtown living! The condo has one and a half bathrooms, a flex space that could be used as a or study/second bedroom and an amazing 327 sqft outdoor terrace overlooking Lady Bird Lake, the Hike and Bike Trail, and the Downtown skyline. There are upgraded silver white oak floors throughout, kitchen subway tile backsplash, tile in master bath, and direct access gate to third floor community terrace and BBQ grill. This move-in ready unit comes with a parking space and storage unit. The Milago has a rooftop pool, fitness center, clubroom, Wifi lounge, conference room, bike storage, outside terraces on the first and third floors, secure access building and parking garage with concierge. You are walking distance to Rainey Street, East Austin and downtown restaurants and entertainment! Downtown living at its finest!

Last Agent to Sell the Property

Sherene Mayner

Womack Real Estate LLC License #0643368 Listed on: 05/12/2023

Co-Listed By

Chris Mayner

Womack Real Estate LLC License #0744124

Last Buyer's Agent

Sherene Mayner

Womack Real Estate LLC License #0643368 Listed on: 05/12/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,351

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Adjacent to Greenbelt
  • West Facing Home

HOA Fees

  • $645 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Secured Garage or Parking
  • Guest Parking
  • Community Parking Structure

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Mixed Roof Materials
  • Concrete Siding
  • Masonry Siding
  • Stucco

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Aluminum Window Frames
  • Window Screens

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry closet
  • Washer and Dryer

Pool

  • Roof Top Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Terrace
  • Outdoor Gas Grill

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 306
  • Assessor Parcel Number 02030312080000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure, parking, trash
  • Milago Condominiums Association
  • High-Rise Condominium
  • Milago Condo Amd Subdivision
  • Lock-and-Leave Community
  • Mandatory home owners association

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Community Barbecue Grill
  • Courtyard
  • Common Area
  • Meeting Room
  • Package Room
  • Community Mailbox
  • Community Storage Space

Recreation

  • Trails

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,351

Year Built

Built in 2005

Lot Details

0

HOA Fees

$645 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Restrictions: None
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: Building is at the Southern end of Rainey St. Guest and street parking. Guest parking must check in with concierge.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 11350.88
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: Yes
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1111.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Counter-Granite, Electric Dryer Hookup, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Unit, Laundry Closet
  • View: City, City Lights, Downtown, Park/Greenbelt, Trees/Woods, Water
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Key Card Entry, Secured Garage/Parking
  • Spa Features: Hot Tub
  • Window Features: Aluminum Frames, Double Pane Windows, Screens

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Gas Grill
  • Roof: Mixed
  • Foundation: Slab
  • Patio And Porch Features: Patio, Terrace
  • Pool Features: In Ground, Rooftop Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 644.97

Association/Amenities

  • Management Company: Sommerset
  • Association Name: Milago Condominiums
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Google Fiber, Lock and Leave, Package Service, Pool, Rooftop Lounge, Spa/Hot Tub, Storage, Sundeck, 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: Back to Park/Greenbelt
  • Special Assessment: No
  • Parcel Number: 02030312080000
  • Lot Size Acres: 0.0064
  • Lot Size Sq Ft: 278.78
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Brick, Concrete, Masonry – All Sides, Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1111
  • Tax Lot: 306
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Annual Amount: 11350.88
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2019
Sold by
Villerot Matthew W
Bought by
Villerot Annette M
Current Estimated Value
$634,325

Purchase Details

Closed on
Aug 27, 2018
Sold by
Anderson Dorothy and Estate Of Blake Anderson
Bought by
Villerot Annette Marin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2015
Closed on
Nov 19, 2015
Sold by
Lauzon Shawn W
Bought by
Anderson Blake
Seller's Agent
Alex Larsen
Central Metro Realty
Buyer's Agent
Adam Fogelsong
Compass RE Texas, LLC
List Price
$533,280
Sold Price
$520,000
Premium/Discount to List
-$13,280
-2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$300,000
Interest Rate
3.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Villerot Annette M -- Independence Title Co
Villerot Annette Marin -- Heritage Title
Anderson Blake -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villerot Annette Maria $376,500
Closed Villerot Annette Marin $380,000
Closed Anderson Blake $300,000
Previous Owner Lauzon Shawn W $215,516
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold -- -- --
05/25/2023 05/25/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $668,000 +25.3% $601 / Sq Ft
11/20/2015 11/20/15 Sold -- -- --
10/21/2015 10/21/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $533,280 -- $480 / 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
2024 $11,039 $668,000 $209,235 $458,765
2023 $11,039 $632,225 $0 $0
2022 $11,351 $574,750 $0 $0
2021 $11,373 $522,500 $104,618 $434,206
2020 $10,188 $475,000 $75,324 $399,676
2018 $12,589 $568,616 $62,771 $505,845
2017 $12,291 $551,130 $62,771 $488,359
2016 $11,459 $513,804 $62,771 $451,033
2015 $10,915 $486,582 $62,771 $423,811
2014 $10,915 $458,666 $62,771 $395,895
Source: Public Records

Agents Affiliated with this Home

  • Sherene Mayner

    Seller's Agent in 2023

    Sherene Mayner

    Womack Real Estate LLC

    (512) 689-9324

    8 in this area

    48 Total Sales

    Sherene Mayner
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Chris Mayner

    Womack Real Estate LLC

    Section Image
  • Alex Larsen

    Seller's Agent in 2015

    Alex Larsen

    Central Metro Realty

    (512) 699-3940

    48 Total Sales

    Alex Larsen
    Section Image
  • Adam Fogelsong

    Buyer's Agent in 2015

    Adam Fogelsong

    Compass RE Texas, LLC

    (512) 988-1151

    48 Total Sales

    Adam Fogelsong
    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6404693

Unlock MLS (Austin Board of REALTORS®)

APN: 719527

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 306, Austin, TX

This home is located at 54 Rainey St Unit 306, Austin, TX 78701 since 12 May 2023 and is currently estimated at $634,325, approximately $570 per square foot. This property was built in 2005. 54 Rainey St Unit 306 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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