NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 708 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $452,951 - $849,000

1 Bed
1 Bath
893 Sq Ft
$729/Sq Ft Est. Value

Last Sold February 10, 2014

Current estimated payment $4,148/month

About This Home

As of February 2014

Unfurnished...This sought after one bedroom/one bath + study condo has Views of Lady Bird Lake, the Downtown Austin Skyline and the Hill Country! Milago is the only building in the downtown area that sits right on the trail and lake. The kitchen, dining, and living room areas are open to each other creating a wonderfully spacious feel. The kitchen has lots of storage space and a convenient breakfast bar open to the living and dining areas. Upgrade in the kitchen includes opening a pass-through from the kitchen to the study. Study can be used as a guest area. Milago Residents have access to bike storage areas, a fully equipped fitness room, club/party room, a ground floor lounge with access to the outdoor trailside patio, 3rd level outdoor terrace with a grill overlooking the lake and park, rooftop pool/spa with covered/shaded sitting areas and bbq grills. Easy walk to restaurants, entertainment and Royal Blue Grocery Store. Milago requires a $300 Move-in Fee. Don't miss this one!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 10, 2014
Sold by
Aldridge Donna Dee and Davis Richard
Bought by
Chambless Cindy
Seller's Agent
Anna Hardeman
3 Flowers Realty, LLC
Buyer's Agent
Sheri Mitchell
Compass RE Texas, LLC
List Price
$385,000
Sold Price
$382,000
Premium/Discount to List
-$3,000
-0.78%
Current Estimated Value
$650,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,976
Avg. Annual Appreciation
4.29%
Original Mortgage
$286,500
Outstanding Balance
$221,054
Interest Rate
4.51%
Mortgage Type
Commercial
Estimated Equity
$394,258

Purchase Details

Closed on
Jan 1, 2012
Sold by
Aldridge Donna Dee and Estate Of J Steve Aldridge
Bought by
Aldridge Donna Dee

Purchase Details

Closed on
Nov 30, 2006
Sold by
Torrent Larry
Bought by
Aldridge J Steve and Aldridge Donna

Purchase Details

Closed on
Aug 17, 2006
Sold by
Fairfield Rainey Lp
Bought by
Torrent Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,860
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Chambless Cindy -- Itc
Aldridge Donna Dee -- None Available
Aldridge J Steve -- Commonwealth Land Title
Torrent Larry -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambless Cindy $286,500
Previous Owner Torrent Larry $188,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Rented $2,850 0.0% --
08/15/2023 08/15/23 Under Contract -- -- --
08/14/2023 08/14/23 Price Changed $2,850 -12.3% $3 / Sq Ft
08/08/2023 08/08/23 Price Changed $3,250 +14.0% $4 / Sq Ft
08/07/2023 08/07/23 For Rent $2,850 -3.4% --
08/30/2022 08/30/22 Rented $2,950 +3.5% --
08/27/2022 08/27/22 Under Contract -- -- --
08/23/2022 08/23/22 For Rent $2,850 0.0% --
02/10/2014 02/10/14 Sold -- -- --
01/14/2014 01/14/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $385,000 -- $431 / Sq Ft

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 $6,424 $534,820 $0 $0
2022 $9,602 $486,200 $0 $0
2021 $9,621 $442,000 $84,042 $357,958
2020 $8,622 $402,000 $60,510 $341,490
2018 $9,232 $417,000 $50,426 $366,574
2017 $8,921 $400,000 $50,426 $349,574
2016 $8,764 $393,000 $50,426 $342,574
2015 $8,309 $382,000 $50,425 $331,575
2014 $8,309 $349,137 $50,425 $298,712
Source: Public Records

Agents Affiliated with this Home

  • Joanne Flynn

    Seller's Agent in 2023

    Joanne Flynn

    Lux Haus Realty

    (512) 633-7015

    17 in this area

    20 Total Sales

    Joanne Flynn
    Section Image

  • K

    Buyer's Agent in 2023

    Karen Prager

    Urbanspace

    (917) 363-6023

    3 in this area

    10 Total Sales

    Karen Prager
    Section Image
  • Gregg Klar

    Buyer's Agent in 2022

    Gregg Klar

    Keller Williams - Lake Travis

    (512) 653-0488

    1 in this area

    306 Total Sales

    Gregg Klar
    Section Image
  • Anna Hardeman

    Seller's Agent in 2014

    Anna Hardeman

    3 Flowers Realty, LLC

    (512) 797-5122

    1 in this area

    26 Total Sales

    Anna Hardeman
    Section Image
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About Milago Condominiums

Map

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 708, Austin, TX

This home is located at 54 Rainey St Unit 708, Austin, TX 78701 and is currently estimated at $650,976, approximately $728 per square foot. 54 Rainey St Unit 708 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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