NOT LISTED FOR SALE

Estimated Value: $659,000 - $659,845

2 Beds
2 Baths
1,157 Sq Ft
305 Sq Ft Lot

Last Sold January 31, 2014

Current estimated payment $4,741/month

Highlights

  • Lake Front
  • Fitness Center
  • River View
  • Mathews Elementary School Rated A
  • Heated In Ground Pool
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of April 2018

TERRACE Level Residence at the Milago on Rainey St Overlooking Lady Bird Lake & Downtown Austin ~ Rare Unit with Two Outdoor Patios ~ Large Corner Patio Provides an Additional 500 sqft of Outdoor Space! ~ Recent Kitchen Remodel & Upgrades ~ Aspen Walnut Floors ~ Stainless Steel Appliances ~ Solar Shades ~ Storage Unit ~ Two Premium 1st floor parking spaces ~ 24/7 Concierge ~ Rooftop Terrace with Pool & Hot Tub ~ Gym ~ Club Room ~ WiFi Lounge ~ Walk Out Your Door to Hike & Bike Trails or Bars on Rainey StFEMA - Unknown Sprinkler Sys:Yes

Last Agent to Rent the Property

Jeff Clawson

AustinVestors License #0492115 Listed on: 03/12/2018

Last Renter's Agent

Selena Stockton

Wes Walters Realty, Inc License #0684755

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,778

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Northwest Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Masonry Siding

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • High Ceiling

Kitchen

  • Breakfast Bar
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property is near a lake
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Security Deposit $2,750
  • Tenant pays for all utilities
  • The owner pays for association fees
  • Negotiable Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 02030312250000

Community Details

Overview

  • Property has a Home Owners Association
  • Milago Condo Amd Subdivision
  • Property managed by AustinVestors

Amenities

  • Community Mailbox

Recreation

  • Trails

Pet Policy

  • Pet Size Limit
  • Pet Deposit $300
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,778

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees
  • Tenant Pays: All Utilities
  • Pets Allowed: Breed Restrictions, Size Limit, Yes
  • Available Date: 2018-04-03
  • App Deposit Payable To: AustinVestors
  • App Fee Payable To: AustinVestors
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Monthly Pet Rent: 25
  • Additional Pet Fee: 100
  • Pet Deposit: 300
  • Max Lease Months: 24
  • Online App Instructions: Apply Online @ www.AustinVestors.com
  • Online App Instructions Public: Apply Online @ www.AustinVestors.com
  • App Delivery To: Apply Online @ www.AustinVestors.com

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Building Area Total: 1157
  • Year Built: 2006
  • Direction Faces: Northwest
  • Directions: From Congress Avenue Downtown Austin, East on Cesar Chavez by Ironworks BBQ, R (South) on Red River, L (East) on Davis St, R (South) on Rainey St. Last building on R immediately adjacent to Lady Bird Lake Hike-and-Bike Trail.
  • Fencing: Fenced, See Remarks
  • Garage Spaces: 2
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 1157
  • Special Listing Conditions: Standard
  • Restrictions: None
  • Unit Style: High Rise (8-13 Stories)
  • Complex Name: Milago
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Primary Bedroom on Main, Walk-In Closet(s)
  • View: City, Lake, Park/Greenbelt, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Free-Standing Range, Refrigerator
  • Main Level Bedrooms: 2
  • Spa Features: Hot Tub, In Ground
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Dishwasher,Disposal,Dryer,Ice Maker,Microwave Oven,Range/Oven/Stove,Refrigerator,Washer,Water Heater
  • Min Lease Months: 12
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Lake
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: Heated, In Ground
  • Private Pool: Yes
  • View: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, High Speed Internet, Other, Phone Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Water Separate

Association/Amenities

  • Association: Yes
  • Community Features: Clubhouse, Cluster Mailbox, Fitness Center, Hot Tub, Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: AustinVestors

Schools

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

Lot Info

  • Lot Features: Public Maintained Road, Sprinkler - Automatic
  • Parcel Number: 02030312250000
  • Lot Size Acres: 0.007
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd
  • Crops: None

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 1157

Multi Family

  • Management Co Phone: (512) 660-7368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2007
Sold by
Steakley William Miller
Bought by
Padwick Luke
Current Estimated Value
$659,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,075
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2006
Sold by
Fairfield Rainey Lp
Bought by
Steakley William Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,600
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Padwick Luke -- None Available
Steakley William Miller -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padwick Luke $355,300
Closed Padwick Luke $388,075
Previous Owner Steakley William Miller $172,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Rented $2,750 0.0% --
04/06/2018 04/06/18 Under Contract -- -- --
03/12/2018 03/12/18 For Rent $2,750 +7.8% --
03/16/2017 03/16/17 Rented $2,550 -8.9% --
03/10/2017 03/10/17 Under Contract -- -- --
12/20/2016 12/20/16 For Rent $2,800 0.0% --
01/31/2014 01/31/14 Sold -- -- --
01/06/2014 01/06/14 Pending -- -- --
12/06/2013 12/06/13 Price Changed $529,900 +2.0% $458 / Sq Ft
12/06/2013 12/06/13 For Sale $519,500 0.0% $449 / Sq Ft
11/20/2013 11/20/13 Off Market -- -- --
10/23/2013 10/23/13 For Sale $519,500 0.0% $449 / Sq Ft
10/02/2013 10/02/13 Off Market -- -- --
09/26/2013 09/26/13 Price Changed $519,500 -2.9% $449 / Sq Ft
08/27/2013 08/27/13 For Sale $535,000 -- $462 / 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 $13,778 $618,237 $217,658 $400,579
2023 $13,793 $811,044 $217,658 $593,386
2022 $15,160 $767,639 $217,658 $549,981
2021 $14,159 $650,485 $108,830 $541,655
2020 $13,537 $631,119 $78,357 $552,762
2018 $12,526 $565,759 $65,298 $500,461
2017 $12,090 $542,103 $65,298 $476,805
2016 $12,086 $541,959 $65,298 $476,661
2015 $11,681 $510,000 $65,297 $444,703
2014 $11,681 $490,844 $65,297 $425,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5509127

Unlock MLS (Austin Board of REALTORS®)

APN: 719544