Last list price
Milago Condominiums 54 Rainey St Unit 502 Austin, TX 78701
Rainey Street Historic District Neighborhood
3
Beds
2
Baths
1,557
Sq Ft
$903/mo
HOA Fee
Highlights
- Building Security
- Unit is on the top floor
- River View
- Mathews Elementary School Rated A
- Heated Pool
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of July 2023Rare 3 bedroom, 2 bath unit at Austin's beloved Milago building featuring unobstructed south and westerly views of the hike and bike trail, the downtown skyline, and Lady Bird Lake. Gorgeous well-equipped kitchen with an eat-in bar includes undermount sink, electric range, microwave, dishwasher, refrigerator, and a dedicated pantry. The tucked-away primary suite, with trail views, enjoys a walk-in closet with a custom closet system, as well as a spacious attached bathroom with large vanity, garden tub, and walk-in shower. The guest bedrooms are situated on the opposite side of the unit with big city views. The combined living/dining room leads to a private balcony, perfect for morning coffee or evening drinks. Wood floors in main living areas and bedrooms. Granite counters in kitchen and bathrooms. Recent interior paint. Custom blinds throughout. Washer-dryer convey. The Milago is one of Austin’s best high-rise living communities with direct access to the hike and bike trail, rooftop pool, fitness room, bike storage, meeting rooms, club room, and multiple outdoor entertaining spaces. Walk or bike to all of the Rainey Street hot spots as well as the Four Seasons, Target, and Whole Foods. Two assigned and conveniently located parking spaces on 1st floor of garage. Storage unit conveys. Enjoy spectacular Texas sunsets every evening from every room of this special 5th-floor unit.
Last Agent to Sell the Property
Compass RE Texas, LLC License #0580831 Listed on: 06/08/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,446
Year Built
- Built in 2005
Lot Details
- River Front
- East Facing Home
- Wooded Lot
HOA Fees
- $903 Monthly HOA Fees
Parking
- 2 Car Garage
- Assigned Parking
Property Views
- Park or Greenbelt
Home Design
- Brick Exterior Construction
- Slab Foundation
- Membrane Roofing
Interior Spaces
- 1,557 Sq Ft Home
- 1-Story Property
- High Ceiling
- Track Lighting
- Window Treatments
Kitchen
- Electric Range
- Free-Standing Range
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Home Security
Outdoor Features
- Heated Pool
Location
- Unit is on the top floor
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 02030312500000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, trash
- Milago Condominiums Association
- High-Rise Condominium
- Milago Condo Amd Subdivision
- Mandatory home owners association
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Elevator
Recreation
- Trails
Security
- Building Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2023
Closed on
Jul 11, 2023
Sold by
Reed Benjamin Curtis and Reed Stefanie Osborn
Bought by
Posada Nicholas Evan Fine
Seller's Agent
Tammy Young
Compass RE Texas, LLC
Buyer's Agent
Daniel Posada
Capital Downtown REALTORS
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,631
Avg. Annual Appreciation
2.40%
Purchase Details
Listed on
Sep 1, 2018
Closed on
Apr 10, 2019
Sold by
Lahijani Nosrat F
Bought by
Osborn Curtis Benjamin and Osborn Reed Stefanie
Seller's Agent
Charlotte Brigham
Brigham Real Estate, LLC
Buyer's Agent
Tammy Young
Compass RE Texas, LLC
List Price
$714,550
Sold Price
$685,000
Premium/Discount to List
-$29,550
-4.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$548,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 4, 2013
Closed on
Jun 28, 2013
Sold by
Graziano Michael and Graziano Yesheswini
Bought by
Lahijani Nosrat F
Seller's Agent
Krystle Copulos
Compass RE Texas, LLC
Buyer's Agent
Non Member
Non Member
List Price
$625,500
Sold Price
$605,000
Premium/Discount to List
-$20,500
-3.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Purchase Details
Closed on
Jul 11, 2006
Sold by
Fairfield Rainey Lp
Bought by
Graziano Michael and Graziano Yesheswini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,504
Interest Rate
6.5%
Mortgage Type
Commercial
Similar Homes in Austin, TX
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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 | |
| Vendors Lien | -- | Independence Title Co | |
| Warranty Deed | -- | Heritage Title | |
| Vendors Lien | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $544,100 | New Conventional | |
| Previous Owner | $68,600 | New Conventional | |
| Previous Owner | $544,100 | New Conventional | |
| Previous Owner | $68,600 | Stand Alone Second | |
| Previous Owner | $548,000 | Purchase Money Mortgage | |
| Previous Owner | $327,000 | Commercial | |
| Previous Owner | $334,000 | Commercial | |
| Previous Owner | $345,504 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | -- | -- | -- |
| 06/22/2023 06/22/23 | Pending | -- | -- | -- |
| 06/08/2023 06/08/23 | For Sale | $950,000 | +35.9% | $610 / Sq Ft |
| 04/10/2019 04/10/19 | Sold | -- | -- | -- |
| 01/20/2019 01/20/19 | Pending | -- | -- | -- |
| 10/25/2018 10/25/18 | Price Changed | $699,000 | -2.2% | $449 / Sq Ft |
| 09/01/2018 09/01/18 | For Sale | $714,550 | +14.2% | $459 / Sq Ft |
| 06/28/2013 06/28/13 | Sold | -- | -- | -- |
| 06/27/2013 06/27/13 | Pending | -- | -- | -- |
| 05/04/2013 05/04/13 | For Sale | $625,500 | 0.0% | $402 / Sq Ft |
| 01/14/2013 01/14/13 | Rented | $3,650 | -2.7% | -- |
| 01/11/2013 01/11/13 | Under Contract | -- | -- | -- |
| 10/19/2012 10/19/12 | For Rent | $3,750 | -- | -- |
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 | $18,769 | $984,652 | $0 | $0 |
| 2022 | $17,678 | $895,138 | $0 | $0 |
| 2021 | $17,713 | $813,762 | $146,513 | $667,249 |
| 2020 | $16,872 | $786,620 | $105,489 | $681,131 |
| 2018 | $16,246 | $733,771 | $87,908 | $645,863 |
| 2017 | $15,544 | $697,000 | $87,908 | $609,092 |
| 2016 | $15,171 | $680,256 | $87,908 | $592,348 |
| 2015 | $14,367 | $666,000 | $87,908 | $578,092 |
| 2014 | $14,367 | $603,712 | $87,908 | $515,804 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Young
Seller's Agent in 2023
Tammy Young
Compass RE Texas, LLC
(512) 777-0205
2 in this area
105 Total Sales
-
Daniel Posada
D
Buyer's Agent in 2023
Daniel Posada
Capital Downtown REALTORS
(512) 795-4359
4 in this area
11 Total Sales
-
Charlotte Brigham
Seller's Agent in 2019
Charlotte Brigham
Brigham Real Estate, LLC
(512) 423-5707
41 Total Sales
-
Krystle Copulos
Seller's Agent in 2013
Krystle Copulos
Compass RE Texas, LLC
(512) 659-9329
1 in this area
66 Total Sales
-
Michael Carpenter
M
Seller Co-Listing Agent in 2013
Michael Carpenter
NB Elite Realty
(512) 522-6683
3 Total Sales
-
N
Buyer's Agent in 2013
Non Member
Non Member
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4753486
APN: 719570
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