NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 721 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $617,000 - $628,404

2 Beds
2 Baths
1,164 Sq Ft
2005 Built

Last Sold August 23, 2016

Current estimated payment $4,384/month

Highlights

  • Lake View
  • Wood Flooring
  • Elevator
  • Mathews Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of August 2016

Fantastic downtown & lake views w/ this north-facing 2-bedroom Milago downtown condo. Great natural light. Excellent floor plan. Kitchen w/ good storage & stainless appliances. Front load W/D. 2 well-located parking spaces. Amenities incl. 24 hr. concierge, rooftop pool/spa, exercise area (with recently updated machines), reservable entertainment room & sitting area with trail-front courtyard. Enjoy Lady Bird Lake, Rainey St. district, restaurants, entertainment, Royal Blue Market & more! Available now!

Last Agent to Rent the Property

Laura Olesen

Compass RE Texas, LLC License #0519681 Listed on: 08/23/2016

Compass RE Texas, LLC

Last Renter's Agent

Matthew Merket

Fathom Realty License #0667913

Fathom Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,949

Year Built

  • Built in 2005

Parking

  • Parking Garage Space

Property Views

Home Design

  • Slab Foundation
  • Concrete Roof
  • Pier And Beam

Interior Spaces

  • 1,164 Sq Ft Home
  • Crown Molding
  • Track Lighting
  • Window Treatments
  • Laundry closet

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Home Security

Additional Features

  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for cable TV, cable/satellite TV, dishes, electric, internet, phone landline
  • The owner pays for hoa dues, property tax
  • 12-Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 02030313160000

Community Details

Pet Policy

  • Pet Deposit $500
  • 2 Pets Allowed

Additional Features

  • High-Rise Condominium
  • Elevator
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,949

Year Built

Built in 2005

Lot Details

0

Rental Info

  • App Deposit Payable To: Vaughn Mankey
  • App Fee Payable To: Laura Olesen
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: Tar App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Lease Guarantor: No
  • Lse Length Negotiable: Yes
  • Max Lease Months: 12
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Owner Pays: Hoa Dues, Property Tax
  • Pet Deposit: 500
  • Pet Description: Dog(s) Only, See Agent, Weight Limit - Small
  • Section8: No
  • Security Deposit: 2500
  • Smoking Inside: No
  • Tenant Pays: Cable Tv, Cable/Satellite Tv, Dishes, Electric, Internet, Phone Landline

Listing Details

  • Property Type: Lease
  • Property Sub Type: Condo
  • Unit Style: Elevator, High Rise (8-13 Stories)
  • Access Instructions: Key In Lockbox, Key With Gate Guard
  • Total Sq Ft: 1164
  • Steps: No Interior Steps
  • Stories: 1
  • Year Built: 2005
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Close Price By Sq Ft: 2.15
  • Ratio Current Price By Lot Size: 357142.86
  • Ratio Current Price By Sq Ft: 2.15
  • Ratio List Price By Sq Ft: 2.15
  • Special Features: None

Interior Features

  • Disability Features: No
  • Faces: North
  • Master Description: Double Vanity, Full Bath, Garden Tub, Separate Shower, Walk-In Closet
  • Kitchen: Breakfast Bar, Center Island, Granite/Marble Counters, Open To Family Room
  • Main Level Bedrooms: 2
  • Interior Amenities: Crown Molding, Fire Alarm System, In-Law Plan, Smoke Detector, Track Lighting, Walk-In Closet, Window Treatments
  • Laundry Location: Closet
  • Dining Description: Kit/Din Combo
  • View: City, Lake/River
  • Laundry Facilities: Dryer Connection - Electric, Stackable W/D Connections, Washer Connections, Closet
  • Sprinkler System: Yes
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Exhaust Fan Recirculating, Microwave Oven, Range-Free Standing, Water Heater Electric, Dryer, Washer, Refrigerator
  • Master Main: No
  • Num Dining: 1
  • Num Living: 1
  • Num Parking Spaces: 2
  • Region: Austin - Central
  • Dryer: Yes
  • Refrigerator: Yes
  • Washer: Yes

Exterior Features

  • Fence: Wrought Iron
  • Pool on Property: Yes
  • Trees: Moderate
  • Waterfront: No
  • Exterior Features: Patio-Covered
  • Roof: Concrete
  • Construction: All Sides Masonry
  • Horses Allowed On Property: No
  • Water Access: No
  • Water Access Description: See Agent
  • Foundation: Pier & Beam, Slab
  • Pool Descron Prop: In-Ground Pool
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: In Ground

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Sewer: City On Property, See Agent
  • Utilities: Electricity Available, See Agent
  • Heating: Central Heat, Electric
  • Water Source: City, See Agent
  • Dryer Maintained: Yes

Condo/Co-op/Association

  • Gated Community: No
  • HOA: Yes
  • Managed By: Owner
  • Pets: Yes

Fee Information

  • Per Person: Yes
  • Per Pet: Yes

Schools

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

Lot Info

  • Fire Prevention: Automatic
  • Lot Size Area: 0.007
  • Parcel Number: 02030313160000
  • M A P S C O Grid: B
  • M A P S C O Page: 615

Green Features

  • Upgraded Energy Efficient Features: No

Tax Info

  • Tax Filled Sqft Total: 1164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Aug 23, 2016
Sold by
Lewis Kerri and Lewis Gary
Bought by
Mankey Vaughn and Mankey Celina
Seller's Agent
Laura Olesen
Compass RE Texas, LLC
Buyer's Agent
Matthew Merket
Fathom Realty
Current Estimated Value
$622,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$417,000
Outstanding Balance
$333,879
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$290,200

Purchase Details

Closed on
Mar 28, 2011
Sold by
Compass Bank
Bought by
Galvin Kerri T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2011
Sold by
Strickland Juanita and Mucha Janie
Bought by
Compass Bank

Purchase Details

Closed on
Aug 21, 2006
Sold by
Fairfield Rainey Lp
Bought by
Brophy Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,599
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mankey Vaughn -- Attorney
Galvin Kerri T -- None Available
Compass Bank $207,400 None Available
Brophy Kevin M -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mankey Vaughn $417,000
Previous Owner Lewis Kerri $322,150
Previous Owner Lewis Kerri $344,500
Previous Owner Galvin Kerri T $218,400
Previous Owner Brophy Kevin M $287,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Rented $2,500 0.0% --
08/31/2016 08/31/16 Under Contract -- -- --
08/23/2016 08/23/16 Sold -- -- --
08/23/2016 08/23/16 For Rent $2,500 0.0% --
07/18/2016 07/18/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $534,900 -- $460 / Sq Ft
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
2025 $12,949 $542,980 $219,150 $323,830
2023 $13,694 $756,865 $219,150 $537,715
2022 $11,257 $570,000 $219,150 $350,850
2021 $12,625 $580,000 $109,575 $470,425
2020 $11,711 $546,000 $78,894 $467,106
2018 $11,845 $535,000 $65,745 $469,255
2017 $11,630 $521,510 $65,745 $455,765
2016 $10,285 $461,192 $65,745 $420,929
2015 $8,438 $419,265 $65,745 $393,583
2014 $8,438 $381,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Olesen

    Landlord's Agent in 2016

    Laura Olesen

    Compass RE Texas, LLC

    (512) 663-5776

    40 Total Sales

    Laura Olesen
    Section Image

  • M

    Seller's Agent in 2016

    Melissa Madina

    Redefy Real Estate

    Section Image
  • Maggie Luce

    Seller Co-Listing Agent in 2016

    Maggie Luce

    Cavalier Real Estate

    (512) 522-0737

    30 Total Sales

    Maggie Luce
    Section Image
  • Matthew Merket

    Tenant's Agent in 2016

    Matthew Merket

    Fathom Realty

    (512) 560-2503

    5 Total Sales

    Matthew Merket
    Section Image
See All Agents

About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1131392

Unlock MLS (Austin Board of REALTORS®)

APN: 719639

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 721, Austin, TX

This home is located at 54 Rainey St Unit 721, Austin, TX 78701 since 23 August 2016 and is currently priced at $622,702. This property was built in 2005. 54 Rainey St Unit 721 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.

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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes