Last list price
Milago Condominiums 54 Rainey St Unit 614 Austin, TX 78701
Rainey Street Historic District Neighborhood
2
Beds
2
Baths
1,164
Sq Ft
$618/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- In Ground Spa
- Mathews Elementary School Rated A
- Unit is on the top floor
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of August 2024Absolute peak Austin living experience! 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 24/7 concierge services. 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 at Congress Kayaks, which is behind the Four Seasons and within walking distance. As a resident on Rainey Street, you’ll have extraordinarily easy access to restaurants like Emmer & Rye, as well as trending bars and amenities like the Royal Blue Grocery. The Mexican American Cultural Center also is right around the corner.
While living the Austin lifestyle, you’ll enjoy a well-apportioned home, plus a balcony over the treetops for great views of the trail and downtown. Enjoy 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’s two parking spots are well located, and the building provides easy access to IH-35 but offers enough distance for quiet.
The refrigerator conveys. The LG full-size, stackable washer and dryer installed in February 2021 also convey. A new hot water heater was installed in November 2020. The air conditioning unit (Carrier 2.5-Ton Comfort System with Goodman air handler) was installed August 2016.
You’ll find more competitive pricing with this home than in nearby buildings, and yet all of the great luxury offerings you’d expect. Add in vibrant downtown Austin living, and you’ve met your match!
Last Agent to Sell the Property
Regent Property Group, LLC License #0464280 Listed on: 09/10/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,356
Year Built
- Built in 2005
Lot Details
- River Front
- West Facing Home
- Landscaped
HOA Fees
- $618 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
- Double Pane Windows
- Prewired Security
Kitchen
- Built-In Oven
- Electric Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Stacked Washer and Dryer
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
- Energy-Efficient Windows
- Unit is on the top floor
Listing and Financial Details
- Assessor Parcel Number 02030312850000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, insurance
- Milago HOA
- High-Rise Condominium
- Milago Condo Amd Subdivision
- Mandatory home owners association
Amenities
- Concierge
- Community Barbecue Grill
- Courtyard
- Common Area
- Lounge
- Elevator
Recreation
- Trails
Security
- Controlled Access
- Fire and Smoke Detector
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
5
Views
154
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
-$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
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 |
|---|---|---|---|
| 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
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
-
Brian Talley
Seller's Agent in 2024
Brian Talley
Regent Property Group, LLC
(512) 215-0565
2 in this area
59 Total Sales
-
Kylie Lynch
Buyer's Agent in 2024
Kylie Lynch
Compass RE Texas, LLC
(512) 554-7458
1 in this area
45 Total Sales
-
George Hughes
G
Seller's Agent in 2013
George Hughes
George Hughes Real Estate
(512) 940-4894
1 Total Sale
-
Melissa Fox
Buyer's Agent in 2013
Melissa Fox
Moreland Properties
(512) 784-4665
2 Total Sales
-
Morgan Smith
Buyer's Agent in 2013
Morgan Smith
KW-Austin Portfolio Real Estate
(512) 466-5224
56 Total Sales
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3843310
APN: 719607
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