$625,500
SOLD JUN 28, 2013
Last list price
3 Beds
2 Baths
1,557 Sq Ft
$550/mo HOA Fee

Recently Sold

$402 Per Sq Ft

54 Days on Market

Highlights

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

About This Home

As of July 2023

Amazing 3 bedroom condo featuring lake and downtown views. 502 features Brazilian Cherry hardwood floors throughout, beautiful dark granite counter tops, stainless steel appliances, covered balcony and water views in every room. Enjoy 24 hour concierge, roof top pool & jacuzzi, fitness center, walking distance to Rainey street district and direct access to Lady Bird Lake.
Realtor bonus for sale - $1000; lease - $500- if leased/sold before July 1st. Full Price

Last Agent to Sell the Property

Krystle Copulos

Compass RE Texas, LLC License #0508779 Listed on: 05/04/2013

Compass RE Texas, LLC

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,769

Year Built

  • Built in 2005

Lot Details

  • Southwest Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Creek or Stream
  • Park or Greenbelt

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Shutters
  • Laundry in Hall

Kitchen

  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02030312500000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure
  • $150 HOA Transfer Fee
  • Milago Condominiums Association
  • High-Rise Condominium
  • Milago Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Common Area
  • Community Mailbox
  • Elevator

Recreation

  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,769

Year Built

Built in 2005

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Building Area Total: 1557.00
  • Restrictions: None
  • Year Built: 2005
  • Direction Faces: SW
  • Directions: Head East on Cesar Chavez, Right on Red River, make 1st Left, Right on Rainey. Property located off of Rainey on Right hand side
  • Estimated Taxes: 11015.81
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1557.00
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Molding, Elevator, Primary Bedroom on Main, Walk-In Closet(s), See Remarks
  • Laundry Location: In Hall
  • View: City, Creek/Stream, Lake, Park/Greenbelt, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, See Remarks
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Shutters, Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Elevator, See Remarks
  • Roof: Concrete
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground, Pool/Spa Combo
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Attached
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 550.00

Association/Amenities

  • Management Company: Somerset Association
  • Association Name: Milago Condominiums
  • Requirement: Mandatory
  • Association Transfer Fee: 150
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Fitness Center, Walk/Bike/Hike/Jog Trail(s, See Remarks

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: None
  • Parcel Number: 02030312500000
  • Lot Size Acres: 0.0090
  • Lot Size Sq Ft: 392.04
  • Subdivision Name: Milago Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Concrete

Tax Info

  • Tax Filled Sqft Total: 1557
  • Tax Rate: 2.38230000000000
  • Tax Year: 2012
  • Tax Exemptions: None

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
$964,631

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
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
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

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 $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

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8417978

Unlock MLS (Austin Board of REALTORS®)

APN: 719570