NOT LISTED FOR SALE

Estimated Value: $421,104 - $674,000

1 Bed
1 Bath
776 Sq Ft
$416/mo HOA Fee

Last Sold July 31, 2014

Current estimated payment $3,926/month

3 Days on Market

Highlights

  • City View
  • Bamboo Flooring
  • Walk-In Closet
  • Mathews Elementary School Rated A
  • High Ceiling
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of July 2014

Tastefully furnished one bedroom condo w/ stunning views of UT Tower, Longhorn Stadium, The Capital and Westlake Hills. Wood floors, Travertine bathroom, floor to ceiling windows w/ balcony, granite/stainless gourmet kitchen w/ breakfast bar. 24 hr concierge, 2 full service restaurants & a Starbucks off the residential lobby. Pool and fitness facility on 8th floor have separate fees. Separate residential entrance from the Hilton Hotel.

Last Agent to Sell the Property

Teresa Lacey

Compass RE Texas, LLC License #0516341 Listed on: 05/27/2014

Compass RE Texas, LLC

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,996

Year Built

  • 2004

HOA Fees

  • $416 Monthly HOA Fees

Interior Spaces

  • 776 Sq Ft Home
  • High Ceiling
  • Track Lighting
  • Window Treatments
  • Prewired Security

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Reserved Parking

Utilities

  • Central Heating
  • Electricity To Lot Line

Listing and Financial Details

  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, trash collection, water fees
  • High-Rise Condominium

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,996

Year Built

2004

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo
  • Unit Style: High Rise (8-13 Stories)
  • Access Instructions: Key In Lockbox, Key With Gate Guard
  • Restrictions: Yes
  • Total Sq Ft: 776
  • Stories: 1
  • Year Built Exception: Resale
  • Restrictions Type: See Agent
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Close Price By Sq Ft: 483.25
  • Ratio Current Price By Lot Size: 187500000.00
  • Ratio Current Price By Sq Ft: 483.25
  • Ratio List Price By Sq Ft: 483.25
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Faces: North-West
  • Master Description: Full Bath, Garden Tub, Separate Shower, Walk-In Shower
  • Kitchen: Breakfast Bar, Granite/Marble Counters
  • Main Level Bedrooms: 1
  • Interior Amenities: Smoke Detector, Track Lighting, Walk-In Closet, Window Treatments, Wired For Security, Ceiling-High
  • Dining Description: Breakfast Area
  • View: City
  • Laundry Facilities: See Agent
  • Flooring: Bamboo, Tile - Hard, Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Kitchen Appliances: Dryer, Dishwasher, Refrigerator, Range-Free Standing, Stove Commercial Grade, Washer
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Region: Austin - Central

Exterior Features

  • Pool on Property: Yes
  • Roof: See Agent
  • Construction: See Agent
  • Foundation: See Agent
  • Pool Descron Prop: See Agent

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: 1 Reserved Parking Garage, Parking Garage

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity On Property, Natural Gas On Property, See Agent
  • Heating: Central Heat
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: Gas, Trash Collection, Water Fees
  • Association Fee Frequency: Monthly
  • Association Fee: 416
  • Hoa Management Co: Somerset Assoc Mgmt
  • Hoa Name: Five Fifty Five
  • H O A Requirement: Mandatory

Schools

  • School District: Austin ISD
  • Elementary A: Barton Hills
  • Intermediary: Yes
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • Lot Features: See Agent
  • Lot Size Area: 0.002

Tax Info

  • Actual Tax: 7326.00
  • Tax Filled Sqft Total: 776
  • Tax Rate: 2.46320000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Jul 30, 2014
Sold by
Kofdarali Taline and Kofdarali Hagop
Bought by
Hajek Edward S
Seller's Agent
Teresa Lacey
Compass RE Texas, LLC
Buyer's Agent
Non Member
Non Member
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$547,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,552
Avg. Annual Appreciation
3.48%
Original Mortgage
$275,000
Outstanding Balance
$212,203
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$333,049

Purchase Details

Closed on
Aug 24, 2005
Sold by
Kofdarali Hagop
Bought by
Austin Elwood Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bda 555 Ltd
Bought by
Kofdarali Hagop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.5%
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 Buyer Sale Price Title Company
Hajek Edward S -- Independence Title
Austin Elwood Lp -- Landamerica Commonwealth Tit
Kofdarali Hagop -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hajek Edward Scott $118,000
Open Hajek Edward S $275,000
Closed Hajek Edward Scott $275,000
Previous Owner Kofdarali Hagop $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold -- -- --
05/30/2014 05/30/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $375,000 0.0% $483 / Sq Ft
12/02/2013 12/02/13 Rented $2,250 -11.8% --
11/29/2013 11/29/13 Under Contract -- -- --
11/04/2013 11/04/13 For Rent $2,550 +15.9% --
12/10/2012 12/10/12 Rented $2,200 0.0% --
12/10/2012 12/10/12 Under Contract -- -- --
12/04/2012 12/04/12 For Rent $2,200 -- --
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 $5,996 $418,595 $0 $0
2022 $7,942 $402,132 $40,680 $361,452
2021 $8,493 $390,200 $40,680 $349,520
2020 $8,236 $384,000 $28,476 $355,524
2018 $9,299 $420,000 $17,492 $402,508
2017 $9,121 $409,000 $17,492 $391,508
2016 $9,501 $426,024 $17,492 $408,532
2015 $8,680 $390,872 $17,492 $373,380
2014 $8,680 $364,723 $17,492 $347,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4504891

Unlock MLS (Austin Board of REALTORS®)

APN: 703593