NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 404 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $606,870 - $758,000

2 Beds
2 Baths
1,189 Sq Ft
$564/mo HOA Fee

Last Sold May 21, 2019

Current estimated payment $5,073/month

4 Days on Market

Highlights

  • Concierge
  • Lake Front
  • Boat Ramp
  • Mathews Elementary School Rated A
  • Roof Top Pool
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of May 2019

Awesome Lakeside SW facing 2/2 Condo in the Milago on Rainey. Nestled in the treetops with a peaceful view of Lady Bird Lake and the Hike/Bike Trail. Open floor plan, wood floors, stainless appliances, walk-in closets, solar shades and Murphy Bed in 2nd bedroom. Dine alfresco on the spacious balcony. Bldg Amenities include a Terrace w/Grill, Rooftop Pool/Spa w/Grills, 1st-flr Lounge w/walk out Patio, Party Rm, Gym and 24/7 Concierge. Walk/run/bike the trail. Explore Rainey and DT for a little excitement.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Joanne Flynn

Lux Haus Realty License #0421993 Listed on: 04/27/2019

Last Buyer's Agent

Cynthia Mattiza

Kuper Sotheby's Int'l Realty License #0602261

Kuper Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,672

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Southwest Facing Home
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $564 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Reserved Parking

Property Views

Home Design

  • Pillar, Post or Pier Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Track Lighting
  • Window Treatments
  • Laundry closet

Kitchen

  • Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Roof Top Pool
  • Boat Ramp
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 404
  • Assessor Parcel Number 02030312290000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, maintenance structure
  • Milago HOA
  • High-Rise Condominium
  • Milago Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Community Barbecue Grill
  • Community Storage Space

Recreation

  • Dog Park
  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,672

Year Built

Built in 2005

Lot Details

0

HOA Fees

$564 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Building Area Total: 1189.00
  • Restrictions: Covenant
  • Year Built: 2005
  • Direction Faces: SW
  • Directions: From Cesar Chavez, go south on Red River, Left on Driskill and Right on Rainey to the end of the block past the round-about. Milago is on the Right. Guest parking in the open garage next to the front door OR pay park on the street.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 11672.00
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1189.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Murphy Bed, Primary Bedroom on Main, Track Lighting, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: Lake, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Boat Ramp, See Remarks
  • Roof: Flat Tile, Overlay
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Barbecue
  • Pool Features: Rooftop Pool, See Remarks
  • Private Pool: No
  • View: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Gated, Reserved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Structure
  • Association Fee Frequency: Monthly
  • Association Fee: 564.00

Association/Amenities

  • Management Company: Worth Ross
  • Association Name: Milago HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Concierge, Dog Park, Fitness Center, Gated, Pool, Property Manager On-Site, Storage, 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: Sprinkler - Automatic, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02030312290000
  • Lot Size Acres: 0.0070
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 1189
  • Tax Lot: 404
  • Tax Rate: 2.19652000000000
  • Tax Year: 2018
  • Tax Annual Amount: 11672.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
May 20, 2019
Sold by
Rohrer David and Rohrer Stephanie
Bought by
Walsh Siewkie and Walsh Vincent
Seller's Agent
Joanne Flynn
Lux Haus Realty
Buyer's Agent
Cynthia Mattiza
Kuper Sotheby's Int'l Realty
List Price
$572,000
Current Estimated Value
$682,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Jul 11, 2013
Closed on
Nov 18, 2013
Sold by
Tally Rusty
Bought by
Rohrer David and Rohrer Stephanie
Seller's Agent
Stephanie Panozzo
Compass RE Texas, LLC
Buyer's Agent
Scott Joffe
Compass RE Texas, LLC
List Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$384,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2007
Sold by
Generation Co Llc
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
$351,500
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2006
Sold by
Weaver Gregory J and Weaver Jessica
Bought by
Generation Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,297
Interest Rate
6.27%
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
Walsh Siewkie -- Chicago Title
Rohrer David -- None Available
Tally Rusty -- None Available
Generation Co Llc -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rohrer David $384,000
Previous Owner Tally Rusty $351,500
Previous Owner Weaver Gregory J $28,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold -- -- --
05/01/2019 05/01/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $572,000 +11.1% $481 / Sq Ft
11/20/2013 11/20/13 Sold -- -- --
10/15/2013 10/15/13 Pending -- -- --
09/27/2013 09/27/13 Price Changed $514,900 -3.8% $433 / Sq Ft
07/11/2013 07/11/13 For Sale $535,000 -- $450 / 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 $10,644 $614,061 $223,613 $390,448
2023 $11,591 $760,074 $223,613 $536,461
2022 $14,246 $721,365 $223,613 $497,752
2021 $12,948 $594,862 $111,807 $483,055
2020 $11,952 $557,241 $80,501 $476,740
2018 $11,765 $531,399 $67,085 $464,314
2017 $11,506 $515,928 $67,085 $448,843
2016 $10,741 $481,621 $67,085 $414,536
2015 $9,346 $442,725 $67,084 $375,641
2014 $9,346 $392,740 $67,084 $325,656
Source: Public Records

Agents Affiliated with this Home

  • Joanne Flynn

    Seller's Agent in 2019

    Joanne Flynn

    Lux Haus Realty

    (512) 633-7015

    17 in this area

    20 Total Sales

    Joanne Flynn
    Section Image
  • Cynthia Mattiza

    Buyer's Agent in 2019

    Cynthia Mattiza

    Kuper Sotheby's Int'l Realty

    (512) 940-5293

    105 Total Sales

    Cynthia Mattiza
    Section Image
  • Stephanie Panozzo

    Seller's Agent in 2013

    Stephanie Panozzo

    Compass RE Texas, LLC

    (512) 750-7808

    1 in this area

    42 Total Sales

    Stephanie Panozzo
    Section Image
  • Scott Joffe

    Buyer's Agent in 2013

    Scott Joffe

    Compass RE Texas, LLC

    (512) 638-2701

    1 in this area

    23 Total Sales

    Scott Joffe
    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2215433

Unlock MLS (Austin Board of REALTORS®)

APN: 719549

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 404, Austin, TX

This home is located at 54 Rainey St Unit 404, Austin, TX 78701 since 27 April 2019 and is currently estimated at $682,435, approximately $573 per square foot. This property was built in 2005. 54 Rainey St Unit 404 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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