NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 601 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $695,103 - $867,000

2 Beds
2 Baths
1,289 Sq Ft
305 Sq Ft Lot

Sale Details

Date Sold: July 11, 2017

Current estimated payment $5,239 / mo

11 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • High Ceiling
  • Mathews Elementary School Rated A
  • End Unit
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of July 2017

STUNNING water views from this luxurious corner unit! Granite counters, SS appliances, & wood floors. Updates include motorized shades, modern light & plumbing fixtures, solid wood cabinet doors, designer paint, Nest & more. Wide open floor plan has room for large dining table & desk. Both bedrooms have huge closets with custom shelving. 2 patios & storage unit. Google Fiber. A turn key opportunity with the high end contents up for negotiation including pop up TV, Z Gallerie furniture, dishes - everything

Last Agent to Sell the Property

Mark Ponton

Compass RE Texas, LLC License #0584100 Listed on: 05/26/2017

Compass RE Texas, LLC

Last Buyer's Agent

Melody Chung

Evergreen Properties License #0574839

Property Details

Home Type

  • Condominium

Year Built

  • 2005

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $522 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • High Ceiling
  • Track Lighting
  • Window Treatments
  • Security System Owned

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Covered Spaces
  • Reserved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating
  • Electricity To Lot Line
  • Sewer in Street

Listing and Financial Details

  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, common insurance, exterior maintenance, landscaping, parking
  • High-Rise Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

2005

Lot Details

305 Sq Ft Lot

HOA Fees

$522 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo
  • Unit Style: End Unit, High Rise (8-13 Stories), Single Level Floor Plan
  • Access Instructions: Key In Lockbox
  • Restrictions: Yes
  • Total Sq Ft: 1289
  • Stories: 1
  • Year Built Exception: Resale
  • Restrictions Type: Covenant
  • Ratio Close Price By List Price: 0.98400
  • Ratio Close Price By Original Li: 0.98400
  • Ratio Close Price By Sq Ft: 477.11
  • Ratio Current Price By Sq Ft: 477.11
  • Ratio List Price By Sq Ft: 484.87
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Faces: South-East
  • Master Description: Full Bath, Garden Tub, Walk-In Closet
  • Kitchen: Breakfast Bar, Granite/Marble Counters, Open To Family Room
  • Main Level Bedrooms: 2
  • Interior Amenities: Built-In Book Cases, Ceiling-High, Security System - Owned, Smoke Detector, Track Lighting, Walk-In Closet, Window Treatments
  • Dining Description: Liv/Din Combo
  • View: Lake/River
  • Laundry Facilities: Closet, Dryer Connection - Electric, Washer Connections
  • Sprinkler System: Yes
  • Flooring: Tile - Hard, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Microwave Oven, Self Cleaning Oven
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Num Parking Spaces: 2
  • Region: Austin - Central

Exterior Features

  • Pool on Property: Yes
  • Trees: Large (Over 40 Ft), Medium (20 Ft - 40 Ft), Moderate
  • Waterfront: Yes
  • Waterfront Description: Lake
  • Exterior Features: Patio-Covered, Storage
  • Roof: Tar/Gravel
  • Construction: All Sides Masonry
  • Water Access: Yes
  • Water Access Description: See Agent
  • Foundation: Slab
  • Body Of Water: Lady Bird Lake
  • Pool Descron Prop: Above Ground
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Above Ground

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: 2 Reserved Parking Garage

Utilities

  • Cooling: Central Air
  • Sewer: City At Street
  • Utilities: Electricity On Property
  • Heating: Central Heat
  • Water Source: City

Condo/Co-op/Association

  • Gated Community: Yes
  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance, Common Insurance, Exterior Maintenance, Landscaping, Parking
  • Association Fee Frequency: Monthly
  • Association Fee: 522
  • Hoa Management Co: Somerset Association
  • Hoa Name: Milago
  • H O A Requirement: Mandatory

Schools

  • Elementary A: Mathews
  • Intermediary: Yes
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • Fire Prevention: Automatic
  • Lot Features: Lakefront

Tax Info

  • Actual Tax: 12309.00
  • Tax Filled Sqft Total: 1289
  • Tax Rate: 2.23010000000000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 28, 2017
Sold by
Bought by
Seller's Agent
Mark Ponton
Compass RE Texas, LLC
Buyer's Agent
Melody Chung
Evergreen Properties
List Price
$625,000
Current Estimated Value
$761,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Listed on
Jun 14, 2013
Closed on
Oct 4, 2013
Sold by
Bought by
Seller's Agent
Joanne Flynn
Brauman Realty, Inc
Buyer's Agent
Mark Ponton
Compass RE Texas, LLC
List Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$413,100
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Chicago Title
-- None Available
-- Alamo Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $413,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2017 07/11/17 Sold -- -- --
06/06/2017 06/06/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $625,000 +34.4% $485 / Sq Ft
10/08/2013 10/08/13 Sold -- -- -- View Prior Sale
08/30/2013 08/30/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $465,000 0.0% $361 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
07/10/2013 07/10/13 Price Changed $465,000 -2.1% $361 / Sq Ft
06/21/2013 06/21/13 Price Changed $475,000 -2.9% $369 / Sq Ft
06/14/2013 06/14/13 For Sale $489,000 -- $379 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,575 $689,402 $242,453 $446,949
2023 $14,661 $810,348 $0 $0
2022 $14,549 $736,680 $0 $0
2021 $14,577 $669,709 $121,227 $548,482
2020 $13,886 $647,388 $87,284 $560,104
2018 $13,674 $617,622 $72,737 $544,885
2017 $12,309 $551,929 $72,737 $479,192
2016 $11,492 $515,303 $72,737 $442,566
2015 $9,970 $472,076 $72,736 $399,340
2014 $9,970 $418,938 $72,736 $346,202
Source: Public Records

Agents Affiliated with this Home

  • Mark Ponton

    Seller's Agent in 2017

    Mark Ponton

    Compass RE Texas, LLC

    (512) 506-0075

    68 Total Sales

    Mark Ponton
    Section Image

  • M

    Buyer's Agent in 2017

    Melody Chung

    Evergreen Properties

    (512) 300-4123

    24 Total Sales

    Melody Chung
    Section Image
  • Joanne Flynn

    Seller's Agent in 2013

    Joanne Flynn

    Brauman Realty, Inc

    (512) 633-7015

    8 in this area

    10 Total Sales

    Joanne Flynn
    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3017680

Unlock MLS (Austin Board of REALTORS®)

APN: 719594

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 601, Austin, TX

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Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID

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