NOT LISTED FOR SALE

Estimated Value: $492,796 - $547,000

1 Bed
1 Bath
899 Sq Ft
$578/Sq Ft Est. Value

Last Sold December 22, 2021

Current estimated payment $3,837/month

About This Home

As of December 2021

Enjoy downtown living and breathtaking views from the 27th floor! The 5 Fifty Five is located in the heart of downtown Austin and offers residents direct access to the Hilton Hotel. Residents receive discounted services and amenities from the Hilton such as access to the Skyline Spa and Health Club (gym, spa, pool, sauna, pool bar), visitor parking, and room service from restaurant Cannon + Bell. Also located in the Hilton lobby is a UPS store, Starbucks, Austin Taco Project, and boutique store Capra & Cavelli. Residents of the 5 Fifty Five enjoy many conveniences including an exclusive entrance, 24-hour concierge services, and a gated parking garage. Unit 2701 has floor-to-ceiling windows to enjoy panoramic city views, an abundance of natural light, automatic shades, and a chef’s kitchen with granite countertops, Wolf appliances and a storage unit. Residents enjoy the convenience of living near some of the best restaurants, live music, museums, lakes, trails, shops, and public transportation. This is a must-see dream condo! *Tenant to independently verify all information including but not limited, hoa rules/restrictions, Skyline/Hilton amenities, etc.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2005
Sold by
Bda 555 Ltd
Bought by
Korsgaard Gary and Korsgaard Family Trust
Current Estimated Value
$519,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,625
Interest Rate
5.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Average Value
Not Available
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
Korsgaard Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korsgaard Gary $281,250
Closed Korsgaard Gary $335,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Rented $3,200 -3.0% --
02/15/2024 02/15/24 Under Contract -- -- --
01/19/2024 01/19/24 Price Changed $3,300 -2.8% $4 / Sq Ft
01/01/2024 01/01/24 For Rent $3,395 +9.5% --
08/08/2022 08/08/22 Rented $3,100 0.0% --
08/07/2022 08/07/22 Under Contract -- -- --
08/02/2022 08/02/22 Price Changed $3,100 +3.3% $3 / Sq Ft
08/02/2022 08/02/22 Price Changed $3,000 0.0% $3 / Sq Ft
08/02/2022 08/02/22 For Rent $3,000 -3.2% --
07/17/2022 07/17/22 Rented $3,100 +3.3% --
07/04/2022 07/04/22 For Rent $3,000 +3.4% --
02/11/2022 02/11/22 Rented $2,900 0.0% --
01/25/2022 01/25/22 Under Contract -- -- --
01/06/2022 01/06/22 For Rent $2,900 0.0% --
12/22/2021 12/22/21 Sold -- -- --
12/05/2021 12/05/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $655,000 -4.4% $729 / Sq Ft
10/20/2021 10/20/21 For Sale $685,000 0.0% $762 / Sq Ft
06/30/2020 06/30/20 Rented $2,450 -2.0% --
06/24/2020 06/24/20 Price Changed $2,500 -9.1% $3 / Sq Ft
06/22/2020 06/22/20 Price Changed $2,750 -2.7% $3 / Sq Ft
06/18/2020 06/18/20 Price Changed $2,825 -0.9% $3 / Sq Ft
05/15/2020 05/15/20 Price Changed $2,850 -0.9% $3 / Sq Ft
05/08/2020 05/08/20 Price Changed $2,875 -0.9% $3 / Sq Ft
04/30/2020 04/30/20 Price Changed $2,900 -1.7% $3 / Sq Ft
04/02/2020 04/02/20 For Rent $2,950 +10.1% --
01/15/2016 01/15/16 Rented $2,680 -2.5% --
12/19/2015 12/19/15 Under Contract -- -- --
12/01/2015 12/01/15 For Rent $2,750 0.0% --
08/25/2014 08/25/14 Rented $2,750 -3.5% --
08/21/2014 08/21/14 Under Contract -- -- --
08/04/2014 08/04/14 For Rent $2,850 +3.6% --
09/13/2013 09/13/13 Rented $2,750 0.0% --
09/13/2013 09/13/13 Under Contract -- -- --
09/08/2013 09/08/13 For Rent $2,750 +5.8% --
08/01/2012 08/01/12 Rented $2,600 0.0% --
06/24/2012 06/24/12 Under Contract -- -- --
06/21/2012 06/21/12 For Rent $2,600 -- --

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 $11,749 $642,122 $47,115 $595,007
2022 $11,329 $573,651 $47,115 $526,536
2021 $9,273 $426,000 $47,115 $378,885
2020 $8,944 $417,000 $32,981 $384,019
2018 $9,719 $439,000 $20,259 $418,741
2017 $10,348 $464,000 $20,259 $443,741
2016 $10,883 $488,000 $20,259 $467,741
2015 $9,877 $434,000 $20,259 $413,741
2014 $9,877 $415,047 $20,259 $394,788
Source: Public Records

Agents Affiliated with this Home

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