Seller's Agent in 2023
Eric Pugatch
Compass RE Texas, LLC
(512) 820-6815
2 in this area
63 Total Sales
Milago Condominiums 54 Rainey St Unit 706 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated Value: $766,797 - $815,000
2
Beds
2
Baths
1,341
Sq Ft
$737/mo
HOA Fee
Highlights
- Private Pool
- River View
- Property is near public transit
- Mathews Elementary School Rated A
- Waterfront
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of January 2023Beautifully updated with breathtaking views of the downtown skyline, Congress Avenue Bridge and Lady Bird Lake! This rare and amazing floor plan features two bedrooms, 2 baths, designer kitchen, covered terrace plus a legit home office/study. The Milago is one of downtown Austin's most renowned high rises sitting on the shores of Lady Bird Lake just steps from both the nature of the Hike + Bike trail and the amazing nightlife and dining of Rainey Street. Unit #706 has been meticulously maintained and is loaded with luxury upgrades. Enjoy wonderful building amenities including 24/7 concierge, rooftop pool, spa and grill area, gym, wifi lounge and lake view terrace. This unit comes with 2 prime garage parking spaces. Washer, dryer, refrigerator and wine fridge convey!
Last Agent to Sell the Property
Compass RE Texas, LLC License #0699101 Listed on: 09/29/2022
Property Details
Home Type
- Condominium
Year Built
- Built in 2005
Lot Details
- Waterfront
- Southwest Facing Home
HOA Fees
- $737 Monthly HOA Fees
Parking
- 2 Car Garage
- Assigned Parking
Property Views
Home Design
- Slab Foundation
- Flat Tile Roof
- Masonry Siding
Interior Spaces
- 1,341 Sq Ft Home
- 1-Story Property
- Built-In Features
- Bookcases
- Bar
- Ceiling Fan
- Chandelier
Kitchen
- Oven
- Range
- Dishwasher
- Wine Refrigerator
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Outdoor Features
- Covered Patio or Porch
- Terrace
Location
- Property is near public transit
- City Lot
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- Sustainability products and practices used to construct the property include see remarks
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 706
- Assessor Parcel Number 02030313010000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, ground maintenance, maintenance structure
- Milago HOA
- High-Rise Condominium
- Milago Condo Amd Subdivision
- Mandatory home owners association
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2022
Closed on
Jan 17, 2023
Sold by
Cobb James L and Cobb Judith L
Bought by
Smith Daniel M
Seller's Agent
Eric Pugatch
Compass RE Texas, LLC
Buyer's Agent
Julie Ann Derham
Kuper Sotheby's Int'l Realty
List Price
$899,000
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.97%
Original Mortgage
$843,000
Outstanding Balance
$821,745
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
-$21,350
Purchase Details
Listed on
Dec 30, 2014
Closed on
Aug 14, 2015
Sold by
Hovis Michael F and Hovis Angela S
Bought by
Cobb Judith L and Cobb James L
Seller's Agent
Chris Petzolt
Chris Petzolt, Broker
Buyer's Agent
Casey Legg
Urbanspace
List Price
$739,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$417,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Daniel M | -- | Austin Title Company | |
| Cobb Judith L | -- | Independence Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Daniel M | $843,000 | |
| Previous Owner | Cobb James L | $388,565 | |
| Previous Owner | Cobb Judith L | $417,000 | |
| Previous Owner | Hovis Angela S | $294,000 | |
| Previous Owner | Hovis Angela S | $299,000 | |
| Previous Owner | Hovis Michael F | $37,990 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2023 01/17/23 | Sold | -- | -- | -- |
| 11/28/2022 11/28/22 | Pending | -- | -- | -- |
| 11/03/2022 11/03/22 | Price Changed | $849,000 | -5.6% | $633 / Sq Ft |
| 09/29/2022 09/29/22 | For Sale | $899,000 | +30.8% | $670 / Sq Ft |
| 08/14/2015 08/14/15 | Sold | -- | -- | -- |
| 06/16/2015 06/16/15 | Pending | -- | -- | -- |
| 06/04/2015 06/04/15 | Price Changed | $687,500 | -1.8% | $513 / Sq Ft |
| 03/31/2015 03/31/15 | Price Changed | $700,000 | -5.3% | $522 / Sq Ft |
| 12/30/2014 12/30/14 | For Sale | $739,500 | 0.0% | $551 / Sq Ft |
| 06/11/2012 06/11/12 | Rented | $3,200 | -3.0% | -- |
| 06/10/2012 06/10/12 | Under Contract | -- | -- | -- |
| 05/26/2012 05/26/12 | For Rent | $3,300 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | -- | $801,125 | $252,368 | $548,757 |
| 2023 | $577 | $849,363 | $252,368 | $596,995 |
| 2022 | $13,964 | $707,080 | $0 | $0 |
| 2021 | $13,992 | $642,800 | $126,185 | $516,615 |
| 2020 | $13,577 | $633,000 | $90,852 | $542,148 |
| 2018 | $14,153 | $639,269 | $75,711 | $563,558 |
| 2017 | $13,828 | $620,068 | $75,711 | $544,357 |
| 2016 | $12,901 | $578,461 | $75,711 | $502,750 |
| 2015 | $11,867 | $563,558 | $75,710 | $487,848 |
| 2014 | $11,867 | $498,643 | $75,710 | $422,933 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Pugatch
-
Julie Ann Derham
J
Buyer's Agent in 2023
Julie Ann Derham
Kuper Sotheby's Int'l Realty
(214) 679-2544
1 in this area
10 Total Sales
-
Chris Petzolt
C
Seller's Agent in 2015
Chris Petzolt
Chris Petzolt, Broker
(512) 394-9060
-
Casey Legg
Buyer's Agent in 2015
Casey Legg
Urbanspace
(512) 797-4579
7 in this area
39 Total Sales
-
Andre Suissa
Seller's Agent in 2012
Andre Suissa
720 Real Estate Solutions
(956) 345-3552
11 Total Sales
-
N
Buyer's Agent in 2012
Non Member
Non Member
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1575836
APN: 719624
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