NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 923 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $623,000 - $655,904

2 Beds
2 Baths
1,157 Sq Ft
$448/mo HOA Fee

Last Sold April 18, 2013

Current estimated payment $4,940/month

13 Days on Market

Highlights

  • In Ground Pool
  • River View
  • Walk-In Closet
  • Mathews Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of April 2013

Extremely rare SW corner unit, breathtaking views of downtown & Lady Bird Lake that are unobstructable! Live on the Hike & Bike trail! Upgrades include custom closets, hardwoods floors throughout, designer lighting, tinted windows, & roll up sun shades. This specific unit includes an extra storage unit on Level 2. Bldg amenities include 24/7 concierge, wifi lounge, club room, gym, & roof pool/hot tub. Entry chandelier & W/D do not convey.

Last Agent to Sell the Property

Scott Ungar

Ungar & Company License #0527700 Listed on: 02/22/2013

Last Buyer's Agent

Sarah Turnbull

Moreland Properties License #0612179

Moreland Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,248

Year Built

  • Built in 2005

Lot Details

  • 305

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02030313640000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance
  • High-Rise Condominium
  • Milago Condos Subdivision
  • Mandatory home owners association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,248

Year Built

Built in 2005

Lot Details

0

HOA Fees

$448 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Building Area Total: 1157.00
  • Restrictions: None
  • Year Built: 2005
  • Directions: From Cesar Chavez, S on Red River, E on Driskill, S on Rainey
  • Estimated Taxes: 8728.29
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 1157.00
  • New Loan Amount: 398250
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Hall
  • View: City, Lake, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 448.00

Association/Amenities

  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02030313640000
  • Lot Size Acres: 0.0070
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condos

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 1157
  • Tax Rate: 2.38230000000000
  • Tax Year: 2012
  • Tax Annual Amount: 8247.56
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 17, 2013
Sold by
Ungar Scott and Ungar Erin
Bought by
Cortinas Javier and Cortinas Diana
Seller's Agent
Scott Ungar
Ungar & Company
Buyer's Agent
Sarah Turnbull
Moreland Properties
List Price
$523,000
Current Estimated Value
$637,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$389,250
Outstanding Balance
$284,114
Interest Rate
3.55%
Mortgage Type
Commercial
Estimated Equity
$408,478

Purchase Details

Closed on
May 25, 2007
Sold by
Fairfield Rainey Lp
Bought by
Ungar Scott

Purchase Details

Closed on
Sep 1, 2006
Sold by
Fairfield Rainey Lp
Bought by
Ungar Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,513
Interest Rate
6.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Cortinas Javier -- Heritage Title
Fairfield Rainey Lp -- Heritage Title
Ungar Scott -- Alamo Title Company
Ungar Scott -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortinas Javier $389,250
Previous Owner Ungar Scott $0
Previous Owner Ungar Scott $271,200
Previous Owner Ungar Scott $226,800
Previous Owner Ungar Scott $215,513
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold -- -- --
03/07/2013 03/07/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $523,000 -- $452 / 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 $13,298 $638,573 $217,658 $420,915
2023 $14,410 $796,476 $217,658 $578,818
2022 $14,895 $754,189 $217,658 $536,531
2021 $13,887 $638,008 $108,830 $529,178
2020 $12,822 $597,800 $78,357 $519,443
2018 $13,031 $588,597 $65,298 $523,299
2017 $12,355 $554,000 $65,298 $488,702
2016 $11,925 $534,709 $65,298 $469,411
2015 $11,425 $519,000 $65,297 $453,703
2014 $11,425 $480,094 $65,297 $414,797
Source: Public Records

Agents Affiliated with this Home

  • Scott Ungar

    Seller's Agent in 2013

    Scott Ungar

    Ungar & Company

    (512) 809-1939

    4 Total Sales

    Section Image
  • Sarah Turnbull

    Buyer's Agent in 2013

    Sarah Turnbull

    Moreland Properties

    (512) 810-3737

    11 Total Sales

    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3018607

Unlock MLS (Austin Board of REALTORS®)

APN: 719689

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 923, Austin, TX

This home is located at 54 Rainey St Unit 923, Austin, TX 78701 since 22 February 2013 and is currently estimated at $639,452, approximately $552 per square foot. This property was built in 2005. 54 Rainey St Unit 923 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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