NOT LISTED FOR SALE

Estimated Value: $456,598 - $601,000

1 Bed
1 Bath
865 Sq Ft
$475/ mo HOA Fee

Last Sold June 09, 2022

Current estimated payment $3,948/month

8 Days on Market

Highlights

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

About This Home

As of June 2022

Modern, minimalist one-bedroom condo on the 9th floor at The Milago in Austin's coveted Rainey Street District. Completely renovated from original build. Features quartz accent-wall / art gallery with track lighting. Wall-garden. Designer counters and backsplash. Designer built-in closet with watch-winder. Designer Aria air vents, Legrand switches and outlets, and Restoration/Baldwin Hardware throughout. Designer stainless steel fans and appliances. Tankless water-heater and softener! Two wall-mounted TV’s on swing-arms with concealed wires and consoles. Smartphone controlled “zero-light” solar shades, Nest thermostat and fire alarms, and led mood lighting. Custom concealed Google Fiber modem install. All appliances and electronics included. Large, operable windows to enjoy the lake breezes and Rainey Street entertainment.

Highly coveted quick access to lobby elevator and garage exit! The Milago is the ultimate combination of luxury, fun, and convenience with one of the lowest HOA fees in downtown Austin. It offers the fastest access to Lady Bird Lake and the Ann Butler hike-&-bike trail of any condo downtown, 24/7 Concierge Service, 1st Floor WiFi Lounge with outdoor Patio, Huge Exercise Facility, Club Room, Huge 3rd Floor Party Terrace w/ Grills, and a Rooftop Pool, Hot Tub, Fireplace, Lounges, and Grills with epic views of the Austin’s skyline.

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. License #0561973 Listed on: 05/03/2022

Last Buyer's Agent

Sam Lee

Compass RE Texas, LLC License #0728737

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,569

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • Lake Front
  • River Front
  • East Facing Home

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Secured Garage or Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stone Siding
  • Plaster

Interior Spaces

  • 865 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Display Windows
  • Aluminum Window Frames
  • Solar Screens
  • Storage
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Smart Home
  • Closed Circuit Camera
  • Smart Thermostat

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Pool

  • Heated Roof Top Pool
  • Spa

Outdoor Features

  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 903
  • Assessor Parcel Number 02030313440000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance, pest control, trash
  • Milago Condominium Association, Inc Association
  • Milago Condo Amd Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Concierge
  • Online Services
  • Rooftop Deck
  • Community Barbecue Grill
  • Recycling
  • Game Room
  • Community Kitchen
  • Business Center
  • Meeting Room
  • Lounge
  • Planned Social Activities
  • Package Room
  • Community Mailbox

Recreation

  • Fishing
  • Park
  • Dog Park
  • Trails

Pet Policy

  • Pet Amenities

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,569

Year Built

Built in 2005 | Newly Remodeled

Lot Details

218 Sq Ft Lot

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: See Remarks
  • Restrictions: See Remarks
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: From Interstate 35: • West on E Cesar Chavez Street • South on Red River Street • South Rainey Street • Park in visitor parking at The Milago • See Concierge for parking pass
  • Disclosures: See Remarks
  • Estimated Taxes: 8569.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: No
  • Fencing: See Remarks
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: No
  • Levels: One
  • Living Area: 865.00
  • Other Contingency Types: Inspection
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Ceiling Fan(s), Ceiling-High, Counter-Quartz, Electric Dryer Hookup, High Speed Internet, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Smart Home, Smart Thermostat, Storage, Track Lighting, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Unit
  • View: City Lights, Lake, Park/Greenbelt
  • Flooring: Vinyl
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Microwave, RNGHD, Stainless Steel Appliance(s), Tankless Water Heater, Washer/Dryer, WaterSoftener
  • Main Level Bedrooms: 1
  • Property Condition: New Construction
  • Security Features: 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Escape, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Guard, Smoke Detector(s)
  • Window Features: Aluminum Frames, Display Window(s), Double Pane Windows, Solar Screens

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Barbecue, Gas Grill
  • Roof: Membrane
  • Builder Name: unknown
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Heated, Pool/Spa Combo, Rooftop Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front, River Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Grounds, Pest Control, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 475.37

Association/Amenities

  • Association Name: Milago Condominium Association, Inc
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Clubhouse, Cluster Mailbox, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Curbs, Dog Park, Fishing, Fitness Center, Game Room, Garage Parking, Gated, Google Fiber, High Speed Internet, Kitchen Facilities, Lake, Lounge, Nest Thermostat, Online Services, Package Service, Park, Pet Amenities, Planned Social Activities, Pool, Recycling Area/Center, Rooftop Lounge, Spa/Hot Tub, Street Lights, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Austin ISD
  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02030313440000
  • Lot Size Acres: 0.0050
  • Lot Size Sq Ft: 217.80
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Block, Concrete, Plaster, Stone, Stone Veneer
  • New Construction: Yes

Tax Info

  • Tax Filled Sqft Total: 865
  • Tax Lot: 903
  • Tax Rate: 2.17668000000000
  • Tax Year: 2021
  • Tax Annual Amount: 8569.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 8, 2022
Sold by
Montopolis Holdings Llc
Bought by
Sheoran Aaryaman
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Sam Lee
Compass RE Texas, LLC
List Price
$599,900
Current Estimated Value
$509,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.24%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Marriott Charles
Bought by
Montopolis Holidngs Llc

Purchase Details

Listed on
May 31, 2014
Closed on
Nov 24, 2014
Sold by
Miller Shannon
Bought by
Marriott Charles
Buyer's Agent
Susan Bigham
JPAR Round Rock
List Price
$349,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$294,300
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2011
Sold by
Sarbaugh Craig and Sarbaugh Audrey
Bought by
Miller Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2007
Sold by
Halverson Clay and Halverson Patricia Steen
Bought by
Sarbaugh Craig and Sarbaugh Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2006
Sold by
Fairfield Rainey Lp
Bought by
Halverson Clay and Halverson Patricia Steen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheoran Aaryaman -- First American Title
Montopolis Holidngs Llc -- None Available
Marriott Charles -- None Available
Miller Shannon -- None Available
Sarbaugh Craig -- Atc
Halverson Clay -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marriott Charles $294,300
Previous Owner Miller Shannon $211,500
Previous Owner Sarbaugh Craig $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold -- -- --
05/11/2022 05/11/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $599,900 +79.9% $694 / Sq Ft
11/24/2014 11/24/14 Sold -- -- -- View Prior Sale
11/01/2014 11/01/14 Pending -- -- --
10/30/2014 10/30/14 Price Changed $333,500 -0.9% $386 / Sq Ft
10/03/2014 10/03/14 Price Changed $336,500 -0.9% $389 / Sq Ft
09/14/2014 09/14/14 Price Changed $339,500 -1.2% $392 / Sq Ft
08/26/2014 08/26/14 Price Changed $343,500 -0.9% $397 / Sq Ft
08/06/2014 08/06/14 Price Changed $346,500 -0.9% $401 / Sq Ft
05/31/2014 05/31/14 For Sale $349,500 -- $404 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $9,875 $482,545 $162,623 $319,922
2023 $10,941 $604,748 $162,623 $442,125
2022 $11,304 $572,362 $162,623 $409,739
2021 $8,569 $393,661 $81,312 $312,349
2020 $7,730 $360,403 $58,544 $301,859
2019 $7,916 $360,403 $58,544 $301,859
2018 $7,749 $350,000 $48,788 $301,212
2017 $7,672 $344,000 $48,788 $295,212
2016 $8,157 $365,778 $48,788 $316,990
2015 $6,102 $335,666 $48,787 $286,879
2014 $6,102 $277,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6239067

Unlock MLS (Austin Board of REALTORS®)

APN: 719669

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