$599,000
SOLD AUG 16, 2024
Last list price
2 Beds
2 Baths
1,164 Sq Ft
$804/mo HOA Fee

Recently Sold

$515 Per Sq Ft

4 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Panoramic View
  • Mathews Elementary School Rated A
  • In Ground Spa
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of August 2024

This 2 bedroom, 2 full bath condo provides all the upscale community amenities of The Milago: a rooftop pool and spa, exercise facility, clubroom, lounge, and concierge services, plus the home’s balcony is over the treetops for great views of the trail and downtown! The spacious condo features wood floors in the open-plan living room and kitchen, granite countertops, upgraded cabinets, and a kitchen island. Both bedrooms have sizeable walk-in closets, while the primary bedroom has a separate shower and tub and the secondary bedroom has a tub/shower combo. The unit is on the quieter side of the building in relation to traffic, and many residents are part-time, which adds to privacy.
Just outside the building is Ladybird Lake Hike and Bike Trail, including a place to launch your kayak or canoe into the lake, or you can rent a kayak within walking distance. As a resident on Rainey Street, you’ll have extraordinarily easy access to restaurants, trending bars, and amenities like Royal Blue Grocery. The unit’s two parking spots are well located, and the building provides easy access to IH-35. Add in vibrant downtown Austin living, and you’ve met your match!

Last Agent to Sell the Property

Brian Talley

Regent Property Group, LLC Brokerage Phone: (512) 554-9714 License #0464280 Listed on: 07/17/2024

Last Buyer's Agent

Kylie Lynch

Compass RE Texas, LLC License #0564277

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,028

Year Built

  • Built in 2005

Lot Details

  • River Front
  • West Facing Home
  • Private Entrance
  • Landscaped
  • Property is in good condition

HOA Fees

  • $804 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Metal Roof
  • Masonry Siding

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Prewired Security
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Energy-Efficient Windows

Listing and Financial Details

  • Assessor Parcel Number 02030312850000

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • Milago HOA
  • Milago Condo Amd Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Courtyard
  • Common Area
  • Lounge

Recreation

  • Trails

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,028

Year Built

Built in 2005

Lot Details

0

HOA Fees

$804 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From Congress Ave downtown, East on Cesar Chavez, South on Red River (right), East on Davis St (left), South on Rainey St (right). Last building on R immediately adjacent to Lady Bird Lake Hike-and-Bike Trail. There are 2 parking garage entrances. There is visitor parking in the entrance immediately to the right of the lobby entrance to the Milago. Ask concierge if you need a parking pass but that is not always necessary if you are only visiting for a short time. If there are no parking spaces, visitors have to find street parking. Enter lobby & ask concierge for the lockbox where you will find the key and elevator fob. When you put them back in the lockbox when leaving put the larger fob in the lockbox carriage first and the key and other fob on top of that so it doesn’t get stuck making it hard for the next person to open the lockbox.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: Windows
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1164
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 554-9714
  • Attribution Contact: (512) 554-9714
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11610.00
  • FEMA Flood Plain: See Remarks
  • Restrictions: City Restrictions,Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: High Rise (8-13 Stories),Single level Floor Plan,Elevator,Neighbor Above,Neighbor Below
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Elevator, Kitchen Island, No Interior Steps, Primary Bedroom on Main, Washer Hookup
  • View: City, Lake, Panoramic, River
  • Flooring: Carpet, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Washer/Dryer Stacked
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Good
  • Security Features: Fire Alarm, Prewired, Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Kitchen
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Private Entrance, See Remarks
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance
  • Association Fee Frequency: Monthly
  • Association Fee: 803.65
  • Association #2 Fee: 440

Association/Amenities

  • Association Name: Milago HOA
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Common Grounds, Concierge, Controlled Access, Courtyard, Fitness Center, Garage Parking, Lounge, Pool, Hot Tub, 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: Landscaped
  • Parcel Number: 02030312850000
  • Lot Size Acres: 0.007
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Filled Sqft Total: 1164
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 15, 2024
Sold by
Austin House Nb Llc
Bought by
Hsu Lilly and Sanders Marc
Seller's Agent
Brian Talley
Regent Property Group, LLC
Buyer's Agent
Kylie Lynch
Compass RE Texas, LLC
List Price
$599,000
Sold Price
$599,000
Total Days on Market
4
Views
154
Current Estimated Value
$596,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,840
Avg. Annual Appreciation
0.73%
Original Mortgage
$449,250
Outstanding Balance
$447,749
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$154,688

Purchase Details

Listed on
Sep 10, 2021
Closed on
Sep 29, 2021
Sold by
Stegner Jeffrey and Stegner Diana
Bought by
Austin House Nb Llc
Seller's Agent
Brian Talley
Regent Property Group, LLC
Buyer's Agent
Brian Talley
Regent Property Group, LLC
List Price
$750,000
Sold Price
$739,000
Premium/Discount to List
-$11,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.03%

Purchase Details

Closed on
Sep 29, 2010
Sold by
Macgowan Brian J and Ekvall Kristin K
Bought by
Stegner Jeffrey and Stegner Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2010
Sold by
Macgowan Brian J and Ekvall Kristin K
Bought by
Macgowan Brian J and Ekvall Kristin K

Purchase Details

Closed on
May 25, 2007
Sold by
Fairfield Rainey Lp
Bought by
Macgowan Brian and Ekval Kristin
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
Warranty Deed -- Independence Title
Vendors Lien -- Gracy Title Co
Interfamily Deed Transfer -- None Available
Deed -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,250 New Conventional
Previous Owner $252,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold -- -- --
07/17/2024 07/17/24 For Sale $599,000 -20.1% $515 / Sq Ft
09/29/2021 09/29/21 Sold -- -- --
09/15/2021 09/15/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $750,000 0.0% $644 / Sq Ft
07/19/2013 07/19/13 Rented $2,500 0.0% --
06/30/2013 06/30/13 Under Contract -- -- --
06/10/2013 06/10/13 For Rent $2,500 0.0% --
03/01/2013 03/01/13 Rented $2,500 0.0% --
02/08/2013 02/08/13 Under Contract -- -- --
01/11/2013 01/11/13 For Rent $2,500 -- --
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 $14,028 $775,376 $219,150 $556,226
2022 $14,252 $721,625 $219,150 $502,475
2021 $13,056 $599,818 $109,575 $490,243
2020 $11,634 $542,400 $78,894 $463,506
2018 $11,690 $528,000 $65,745 $462,255
2017 $11,164 $500,600 $65,745 $434,855
2016 $11,015 $493,924 $65,745 $428,179
2015 $9,941 $460,000 $65,745 $394,255
2014 $9,941 $417,706 $65,745 $351,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8335608

Unlock MLS (Austin Board of REALTORS®)

APN: 719607