$700,000
SOLD MAY 1, 2024
Last list price
2 Beds
2 Baths
1,289 Sq Ft
$889/mo HOA Fee

Recently Sold

$543 Per Sq Ft

14 Days on Market

Highlights

  • Concierge
  • Lake Front
  • Building Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of May 2024

Milago SPECTACULAR LAKEFRONT CORNER UNIT 2-2 has 2 Street Level Parking spots, Dual Balcony Outdoor living spaces, Two Main suites, Hardwood flooring. SHOWS BEAUTIFULLY. Head out the door on the 10 Mile Hike-Bike Trail or meet friends down Rainey Street. Every room has 8 foot windows and PLENTIFUL lighting! Granite Counters, Oval Tub, Moen Fixtures. Affordable HOA, 24/7 concierge, Fitness center overlooking Lake, Rooftop pool, Westside terrace on the park, special kayak landing, canoe, fish, stand up paddle, bird watch! Mellow building 240 units-NO AIRBNB hustle bustle, Plenty of areas to socialize, eat, Latte at Royal Grocery, pick up essentials. MAGICAL RAINEY STREET, BARS, CANTINAS, ECLECTIC FOOD TRUCKS close enough to walk ~ distant enough for Peace. Excellent Value for the price, NOT ONE Downtown highrise rivals all of these close-proximity amenities.

Last Agent to Sell the Property

Lisa Marie Contaldi

Intero Real Estate Services Brokerage Phone: (512) 784-5111 License #0414285 Listed on: 03/10/2024

Intero Real Estate Services

Last Buyer's Agent

Sherene Mayner

Womack Real Estate LLC License #0643368

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,976

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • South Facing Home
  • Property is in excellent condition

HOA Fees

  • $889 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking
  • Community Parking Structure

Home Design

  • Masonry Siding
  • Stone Veneer

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Free-Standing Electric Range
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Side Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02030312260000

Community Details

Overview

  • Association fees include common area maintenance, insurance, ground maintenance, maintenance structure, parking, security
  • Somerset Assn Mgmt Association
  • Built by Fairfield Residential LLC
  • Milago Condo Amd Subdivision
  • On-Site Maintenance
  • Community Lake

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Common Area
  • Game Room
  • Community Kitchen
  • Meeting Room
  • Service Elevator
  • Package Room

Recreation

  • Trails

Security

  • Building Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,976

Year Built

Built in 2005

Lot Details

0

HOA Fees

$889 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: From Mopac Take Cesar Chavez (1st street) west to Red River - from here you have two choices, I recommed you GO east to IH 35 turn right on service road then right on Lambie Street, left on East Avenue, right on Cummings (which turns into Rainey Street, community is on the left). Use metered spot outside with Park ATX app. Free parking on Sunday as per signage.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1289
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 784-5111
  • Attribution Contact: (512) 784-5111
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 0.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions,Development Type
  • Tax Exemptions: None
  • Unit Style: High Rise (8-13 Stories),Single level Floor Plan,Elevator
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Two Primary Suties, Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Primary Bedroom on Main, Two Primary Closets, Walk-In Closet(s), Washer Hookup
  • View: Lake
  • Flooring: Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer, Electric Water Heater
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Excellent
  • Security Features: Building Security
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder
  • Laundry Location: In Unit,Laundry Closet
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, See Remarks
  • Roof: See Remarks
  • Builder Name: Fairfield Residential LLC
  • Foundation: See Remarks
  • Patio And Porch Features: Porch, Side Porch
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Community Structure, Reserved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Security
  • Association Fee Frequency: Monthly
  • Association Fee: 889.11

Association/Amenities

  • Association Name: Somerset Assn Mgmt
  • Association: Yes
  • Community Features: Bike Storage/Locker, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Game/Rec Rm, Garage Parking, Google Fiber, Hot Tub, Kitchen Facilities, Lake, Maintenance On-Site, Package Service, Property Manager On-Site, Rooftop Lounge, Sundeck, Tenant Access Cargo Elevator, Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02030312260000
  • Lot Size Acres: 0.0067
  • Lot Size Sq Ft: 291.85
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Masonry – All Sides, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Map Number: 401
  • Tax Filled Sqft Total: 1157
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
May 2, 2024
Sold by
St Cyr Caleb Joseph
Bought by
Cavazos Michael
Seller's Agent
Lisa Marie Contaldi
Intero Real Estate Services
Buyer's Agent
Sherene Mayner
Womack Real Estate LLC
List Price
$700,000
Sold Price
$700,000
Views
18
Current Estimated Value
$667,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,660
Avg. Annual Appreciation
-4.90%
Original Mortgage
$525,000
Outstanding Balance
$520,002
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$138,712

Purchase Details

Listed on
Jan 2, 2017
Closed on
Feb 28, 2017
Sold by
Mclaughlin Dennis James and Mclaughlin Denise Rene
Bought by
St Cyr Caleb Joseph
Seller's Agent
Jeffry Nazzaro
House and Home Realty
Buyer's Agent
Patty Sanguily
Capital Downtown REALTORS
List Price
$630,000
Sold Price
$612,000
Premium/Discount to List
-$18,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$489,600
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2015
Sold by
Marcus Morris Troy
Bought by
Mclaughlin Dennis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2011
Sold by
Tally Rusty
Bought by
Marcus Morris Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2007
Sold by
Curcie Stephen R and Curcie Donna D
Bought by
Tally Rusty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.62%
Mortgage Type
Commercial
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
Vendors Lien -- None Available
Vendors Lien -- Heritage Title
Vendors Lien -- Heritage Title
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $489,600 Commercial
Previous Owner $40,000 Commercial
Previous Owner $322,400 Credit Line Revolving
Previous Owner $0 Credit Line Revolving
Previous Owner $200,000 Commercial
Previous Owner $258,750 Commercial
Previous Owner $399,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold -- -- --
03/25/2024 03/25/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $700,000 0.0% $543 / Sq Ft
05/08/2023 05/08/23 Rented $4,200 +12.0% --
04/21/2023 04/21/23 Under Contract -- -- --
04/13/2023 04/13/23 Price Changed $3,750 -1.3% $3 / Sq Ft
04/03/2023 04/03/23 For Rent $3,800 0.0% --
03/03/2017 03/03/17 Sold -- -- --
02/06/2017 02/06/17 Pending -- -- --
01/09/2017 01/09/17 Price Changed $620,000 -1.6% $481 / Sq Ft
01/02/2017 01/02/17 For Sale $630,000 -- $489 / 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 $13,976 $772,476 $217,658 $554,818
2022 $14,459 $732,139 $217,658 $514,481
2021 $13,345 $613,108 $108,830 $504,278
2020 $12,724 $593,247 $78,357 $514,890
2018 $12,558 $567,197 $65,298 $501,899
2017 $10,865 $487,207 $65,298 $421,909
2016 $10,146 $454,959 $65,298 $389,661
2015 $8,611 $407,361 $65,297 $342,064
2014 $8,611 $361,844 $65,297 $296,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1720660

Unlock MLS (Austin Board of REALTORS®)

APN: 719546