NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit PH05 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $867,000 - $895,738

2 Beds
2.5 Baths
1,651 Sq Ft
$643/mo HOA Fee

Last Sold November 27, 2013

Current estimated payment $6,694/month

72 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Clubhouse
  • Mathews Elementary School Rated A
  • Panoramic View
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of November 2013

Bright & beautiful 2bed/2.5bath+study PH at one of the most sought after downtown locations. Located in the popular Rainey St. district, with fantastic restaurants and entertainment nearby. Expansive views of East Austin throughout the entire unit. Milago amenities include 24/7 concierge, full gym, WIFI lounge and rooftop pool with hot tub and grilling area. Storage available to purchase.

Last Agent to Sell the Property

Kevin Burns

Urbanspace License #0456804 Listed on: 07/31/2013

Urbanspace

Last Buyer's Agent

Jaime Zilveti

Casa Realtors License #0383325

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,038

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $643 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Concrete Roof
  • Masonry Siding
  • Steel Siding

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Window Treatments
  • Entrance Foyer
  • Multiple Living Areas

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

Pool

  • Heated 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 02030314290000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure, trash
  • Milago Association
  • High-Rise Condominium
  • Milago Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Common Area
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa
  • Dog Park
  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,038

Year Built

Built in 2005

Lot Details

0

HOA Fees

$643 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Building Area Total: 1651.00
  • Restrictions: None
  • Year Built: 2005
  • Directions: From I-35: Exit Cesar Chavez West. Take a left on Red River, left on Davis, and right on Rainey. Milago will be at the end of the street on your right.
  • Disclosures: See Remarks
  • Estimated Taxes: 10037.77
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 1651.00
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Ceiling-High, Entrance Foyer, Multiple Living Areas, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Bathroom, Laundry Closet
  • View: City, Panoramic
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 2
  • Accessibility Features: None
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Elevator, See Remarks
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground
  • Private Pool: No
  • 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, Insurance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 643.00

Association/Amenities

  • Association Name: Milago
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Common Grounds, Dog Park, Fitness Center, Hot Tub Community, Pool, Storage, Walk/Bike/Hike/Jog Trail(s

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: 02030314290000
  • Lot Size Acres: 0.0100
  • Lot Size Sq Ft: 435.60
  • Subdivision Name: Milago Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides, Steel Siding

Tax Info

  • Tax Filled Sqft Total: 1651
  • Tax Rate: 2.38230000000000
  • Tax Year: 2012
  • Tax Annual Amount: 10037.77
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2014
Sold by
Kanetzky Don and Kanetzky Marty
Bought by
Becerra Enrique P
Current Estimated Value
$881,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,875
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2006
Sold by
Fairfield Rainey Lp
Bought by
Burns Richard R and Burns Sandra R
Source: Public Records

Range of Values:

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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
Becerra Enrique P -- None Available
Burns Richard R -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becerra Enrique P $326,250
Closed Becerra Enrique P $178,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold -- -- --
10/11/2013 10/11/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $549,000 0.0% $333 / Sq Ft
03/29/2012 03/29/12 Rented $3,050 +1.7% --
03/27/2012 03/27/12 Under Contract -- -- --
03/02/2012 03/02/12 For Rent $3,000 -- --
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 $14,986 $847,800 $310,875 $536,925
2023 $14,278 $924,123 $0 $0
2022 $16,592 $840,112 $0 $0
2021 $16,624 $763,738 $155,438 $608,300
2020 $15,872 $740,000 $111,915 $628,085
2018 $15,365 $694,000 $93,263 $600,737
2017 $15,254 $684,000 $93,263 $590,737
2016 $14,648 $656,808 $93,263 $563,545
2015 $12,134 $598,920 $93,263 $520,465
2014 $12,134 $544,473 $93,263 $451,210
Source: Public Records

Agents Affiliated with this Home

  • Kevin Burns

    Seller's Agent in 2013

    Kevin Burns

    Urbanspace

    (512) 848-8722

    9 in this area

    43 Total Sales

    Kevin Burns
    Section Image
  • Jaime Zilveti

    Buyer's Agent in 2013

    Jaime Zilveti

    Casa Realtors

    (512) 426-0580

    1 in this area

    37 Total Sales

    Jaime Zilveti
    Section Image

  • L

    Buyer's Agent in 2012

    Lauren Lowe

    Redfin Corporation

    Lauren Lowe
    Section Image
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About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4599400

Unlock MLS (Austin Board of REALTORS®)

APN: 719758

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit PH05, Austin, TX

This home is located at 54 Rainey St Unit PH05, Austin, TX 78701 since 31 July 2013 and is currently estimated at $881,369, approximately $533 per square foot. This property was built in 2005. 54 Rainey St Unit PH05 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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