$975,000
SOLD JUL 23, 2024
Last list price
3 Beds
2 Baths
1,557 Sq Ft
$1,074/mo HOA Fee

Recently Sold

$626 Per Sq Ft

60 Days on Market

Highlights

  • Concierge
  • Lake Front
  • Fitness Center
  • Mathews Elementary School Rated A
  • Roof Top Pool
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of July 2024

Rarely available, this exquisite 3-bedroom, 2-bathroom condo with a private balcony is nestled within The Milago Condominiums on the Vibrant Rainey Street. Offering unparalleled vistas of Lady Bird Lake and the ever-dynamic Austin skyline, each room is a vantage point of urban beauty.

Situated directly above Waller Beach Metropark with convenient access to Rainey Street from the lobby, this residence boasts the prime spot in the bustling Rainey Street district, providing an incomparable living experience at an exceptional value. Spanning over 1,550 square feet, this luxurious condo showcases panoramic views and upscale amenities synonymous with Austin living.

Meticulously renovated and maintained, this home features an array of upgrades including new HVACS w/ Nests thermostats, a water heater, soundproof windows, California Closets, a steam room, new appliances, and pristine flooring.

The Milago offers an array of amenities including a 24/7 concierge, rooftop pool and hot tub, secured parking, and a fitness center. Additional perks include a media room on the second floor and a Wi-Fi lounge on the first floor. This unit also includes a storage space in the parking garage, along with two garage spaces conveniently located near the lobby.

Last Agent to Sell the Property

Sean Smith

Engel & Volkers Austin Brokerage Phone: (817) 909-1831 License #0749217 Listed on: 04/24/2024

Engel & Volkers Austin

Last Buyer's Agent

Alicia Kelley

Compass RE Texas, LLC License #0599579

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,760

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • Lake Front
  • Adjacent to Greenbelt
  • Northwest Facing Home
  • Dog Run
  • Property is in excellent condition

HOA Fees

  • $1,074 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Gated Parking
  • Secured Garage or Parking
  • Parking Permit Required
  • Deeded Parking
  • Community Parking Structure

Property Views

  • Panoramic
  • Park or Greenbelt

Home Design

  • Concrete Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Track Lighting
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Smart Thermostat
  • Washer

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • No Interior Steps

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Pool

  • Roof Top Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Uncovered Courtyard
  • Covered patio or porch
  • Outdoor Storage
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02030313200000

Community Details

Overview

  • Milago Condominiums Association
  • Milago Condo Amd Subdivision
  • Electric Vehicle Charging Station
  • Community Lake

Amenities

  • Concierge
  • Community Barbecue Grill
  • Common Area
  • Recycling
  • Business Center
  • Meeting Room
  • Lounge
  • Service Elevator
  • Package Room
  • Community Mailbox
  • Community Storage Space

Recreation

  • Dog Park
  • Trails

Pet Policy

  • Pet Amenities

Security

  • Building Security
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,760

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$1,074 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: Northwest
  • Directions: East on Cesar Chavez, Right on Red River, 1st left and then Right on Rainey St. Milago is located at the very end of the street on the right. Sign in with front desk for free guest parking.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: HVAC, Thermostat, Water Heater
  • Green Sustainability: Onsite Recycling Center
  • Levels: One
  • Living Area: 1557
  • Other Structures: Storage
  • Special Listing Conditions: Standard
  • Attribution Contact: (817) 909-1831
  • Attribution Contact: (817) 909-1831
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 20760.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: High Rise (8-13 Stories),Elevator
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Breakfast Bar, Granite Counters, Electric Dryer Hookup, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Track Lighting, Walk-In Closet(s), Washer Hookup
  • View: City, Downtown, Lake, Panoramic, Park/Greenbelt, Water
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Accessible Elevator Installed, Accessible Hallway(s)
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer
  • Main Level Bedrooms: 3
  • Property Condition: Updated/Remodeled, Excellent
  • Security Features: Building Security, Fire Alarm, Key Card Entry, Secured Garage/Parking
  • Spa Features: Hot Tub
  • Window Features: Double Pane Windows, Screens, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony, Barbecue, Uncovered Courtyard, Dog Run, Gas Grill, Outdoor Grill, Restricted Access
  • Roof: Concrete
  • Foundation: Concrete Perimeter
  • Patio And Porch Features: Covered, Patio
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo, Rooftop Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Community Structure, Concrete, Covered, Deeded, Direct Access, Gated, Permit Required, Secured, Storage
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1074.35

Association/Amenities

  • Association Name: Milago Condominiums
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, Gated, Hot Tub, Lake, Lounge, Nest Thermostat, Package Service, Pet Amenities, Pool, Recycling Area/Center, Smart Car Charging, Storage, Tenant Access Cargo Elevator, 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: Back to Park/Greenbelt, Level, Views
  • Parcel Number: 02030313200000
  • Lot Size Acres: 0.009
  • Lot Size Sq Ft: 392.04
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Concrete, Glass
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 20760.48
  • Tax Map Number: 802
  • Tax Filled Sqft Total: 1557
  • Tax Rate: 1.08920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 22, 2024
Sold by
Jeffress Bruce and Bassey Michael
Bought by
Scambilis Anastasios N
Seller's Agent
Sean Smith
Engel & Volkers Austin
Buyer's Agent
Alicia Kelley
Compass RE Texas, LLC
List Price
$1,095,000
Sold Price
$950,000
Premium/Discount to List
-$145,000
-13.24%
Total Days on Market
60
Views
16
Current Estimated Value
$968,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,601
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Feb 5, 2021
Sold by
Thompson James A and Macpherson Martha
Bought by
Jeffress Bruce and Bassey Michael

Purchase Details

Listed on
Feb 21, 2013
Closed on
Jun 7, 2013
Sold by
The Samuel Andrew Donaldson Iii Living T
Bought by
Thompson James A and Macpherson Martha
Seller's Agent
Jamie Avila
TCP Real Estate, Inc.
Buyer's Agent
Mich Haskell
The Boutique Real Estate
List Price
$649,900
Sold Price
$610,000
Premium/Discount to List
-$39,900
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 21, 2013
Closed on
Apr 26, 2013
Sold by
Zarriello Ronald J and Zarriello Sharon
Bought by
Ramsey John Andrew
Seller's Agent
Jamie Avila
TCP Real Estate, Inc.
Buyer's Agent
Mich Haskell
The Boutique Real Estate
List Price
$649,900
Sold Price
$610,000
Premium/Discount to List
-$39,900
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 28, 2012
Closed on
Apr 5, 2012
Sold by
Donaldson Samuel Andrew
Bought by
Donaldson Samuel Andrew and The Samuel Andrew Donaldson Iii Living T
Seller's Agent
Jamie Avila
TCP Real Estate, Inc.
Buyer's Agent
Gayle Berkbigler, CCIM
Compass RE Texas, LLC

Purchase Details

Closed on
Feb 1, 2007
Sold by
Bueker Michael J
Bought by
Donaldson Samuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,736
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2006
Sold by
Fairfield Rainey Lp
Bought by
Bueker Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,544
Interest Rate
6.72%
Mortgage Type
Commercial
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 -- Wfg Title Insurance
Warranty Deed -- Servicelink
Warranty Deed -- None Available
Vendors Lien -- None Available
Interfamily Deed Transfer -- None Available
Vendors Lien -- Alamo Title Company
Vendors Lien -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $481,659 Stand Alone First
Previous Owner $417,000 Commercial
Previous Owner $237,600 Commercial
Previous Owner $12,736 Commercial
Previous Owner $499,200 Commercial
Previous Owner $344,544 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold -- -- --
06/24/2024 06/24/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $975,000 -2.0% $626 / Sq Ft
06/11/2024 06/11/24 Price Changed $995,000 -5.2% $639 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,050,000 -4.1% $674 / Sq Ft
04/24/2024 04/24/24 For Sale $1,095,000 0.0% $703 / Sq Ft
11/13/2019 11/13/19 Rented $4,000 +5.3% --
10/18/2019 10/18/19 For Rent $3,800 0.0% --
06/07/2013 06/07/13 Sold -- -- --
05/07/2013 05/07/13 Pending -- -- --
04/15/2013 04/15/13 Off Market -- -- --
02/21/2013 02/21/13 For Sale $649,900 0.0% $417 / Sq Ft
04/23/2012 04/23/12 Rented $3,240 -10.0% --
04/03/2012 04/03/12 Under Contract -- -- --
02/28/2012 02/28/12 For Rent $3,600 -- --
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 $20,760 $1,147,465 $293,025 $854,440
2022 $21,416 $1,084,419 $293,025 $791,394
2021 $18,074 $830,362 $146,513 $683,849
2020 $17,232 $803,420 $105,489 $697,931
2018 $17,016 $768,577 $87,908 $680,669
2017 $16,614 $744,978 $87,908 $657,070
2016 $15,494 $694,756 $87,908 $606,848
2015 $14,879 $707,682 $87,908 $619,774
2014 $14,879 $625,212 $87,908 $537,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8883901

Unlock MLS (Austin Board of REALTORS®)

APN: 719645