$685,000
SOLD DEC 22, 2021
Last list price
1 Bed
1 Bath
899 Sq Ft
$602/mo HOA Fee

Recently Sold

$762 Per Sq Ft

46 Days on Market

Highlights

  • Concierge
  • Outdoor Pool
  • Wood Flooring
  • Mathews Elementary School Rated A
  • City View
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of December 2021

With sweeping views of the Capitol and UT tower from the 27th floor, this residence offers a premier downtown lifestyle in the heart of Austin’s restaurant and night life scene. Located in the 5FiftyFive Hilton Condos, enjoy a full suite of hotel-style amenities, including 24-hour concierge, room service, and access to the Hilton’s Health Club and fitness facilities. Light pours into this corner unit with 12-foot floor-to-ceiling windows that offer incredible views. Hardwood floors run throughout the open kitchen and living room with sliding doors to a large balcony. The kitchen features ample counter and cabinet space, stainless steel appliances including a Wolf range, and an in-unit washer and dryer, tucked away in a closet. The bedroom features large closets and a spacious bathroom that can be accessed via both the living room and the bedroom with dual sinks and built-in storage. This unit is aptly equipped with solar-powered shades and also comes with a storage unit conveniently located on the same floor. A Premier Downtown Austin Location. Enjoy shopping and dining right outside your door with 6th Street just one block away. Steps away is the Waller Creek Greenbelt that extends from Waterloo Park down to Lady Bird Lake. Catch live music at Stubb’s, swing by an event at the Austin Convention Center, or easily stroll to the Hike-and-Bike Trail for a workout.

Last Agent to Sell the Property

Trey Phillips

Moreland Properties License #0489531 Listed on: 10/20/2021

Moreland Properties

Last Buyer's Agent

Cheryl Harbert

MSA Realty, LLC License #0524937

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,486

Year Built

  • Built in 2004

Lot Details

  • Northeast Facing Home

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Concrete Roof
  • Masonry Siding
  • Metal Siding

Interior Spaces

  • 899 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Double Vanity

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch
  • Terrace
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 2701
  • Assessor Parcel Number 02040420580000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, trash, water
  • Five Fifty Five Condominium Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Community Mailbox
  • Bike Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,486

Year Built

Built in 2004

Lot Details

0

HOA Fees

$602 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Restrictions: Development Type
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: NE
  • Directions: From North I-35, take exit toward West Caesar Chavez. Turn right onto Red River and left onto E 5th Street. The Hilton is on the left.
  • Disclosures: None
  • Estimated Taxes: 9485.59
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 899.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Counter-Granite, Double Vanity, Kitchen Island, No Interior Steps, Primary Bedroom on Main
  • Laundry Location: In Unit
  • View: City
  • Flooring: Carpet, Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Lighting, See Remarks
  • Roof: Concrete, See Remarks
  • Foundation: Slab
  • Patio And Porch Features: Covered, Terrace
  • Pool Features: Outdoor Pool
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 602.00

Association/Amenities

  • Association Name: Five Fifty Five Condominium Association
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Bike Storage/Locker, Cluster Mailbox, Concierge, Storage

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: Corner Lot
  • Parcel Number: 02040420580000
  • Lot Size Acres: 0.0020
  • Lot Size Sq Ft: 87.12
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: Masonry – All Sides, Metal Siding
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 899
  • Tax Lot: 2701
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 9485.59
  • Tax Exemptions: None

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
$545,695

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

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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
Condominium Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 Commercial
Closed $335,625 Commercial
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 -- --
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 $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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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8777901

Unlock MLS (Austin Board of REALTORS®)

APN: 703589