NOT LISTED FOR SALE

Estimated Value: $1,070,407 - $1,260,000

2 Beds
2 Baths
1,614 Sq Ft
$1,080/ mo HOA Fee

Last Sold June 10, 2022

Current estimated payment $8,901/month

5 Days on Market

Highlights

  • Concierge
  • Room Service
  • Private Pool
  • Mathews Elementary School Rated A
  • Fitness Center
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of June 2022

Showings start Saturday May 7th.
Rare, newly renovated exclusive condo boasts vast unobstructed views of Austin’s downtown skyline with pocket views of Town Lake. This one really WOW’s with floor to ceiling windows providing loads of natural light and gorgeous herringbone tile floors. This spacious condo hosts 2 bedrooms, a dedicated office room and 2 full baths. Kitchen features beautiful waterfall quartz counter tops and high end appliances.
Enjoy the amenities of the Pool and Hot tub overlooking the city, separate cardio room, weight room, steam room, sauna and locker rooms with showers. 5 Fifty Five resident only concierge service including owners lounge and coffee bar. Unit provides two prime reserved parking spaces plus a storage unit on site. To view this truly unique condo, schedule your private tour today with Beau Hollingshead* Showings start Saturday May 7th.

*Dining chandelier and refrigerator is not included*

Last Agent to Sell the Property

Beau Hollingshead

Compass RE Texas, LLC License #0680601 Listed on: 05/05/2022

Compass RE Texas, LLC

Last Buyer's Agent

Marjet Ulmann

RE/MAX Fine Properties License #0762042

RE/MAX Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,949

Year Built

  • Built in 2004

HOA Fees

  • $1,080 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Lake

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Flat Tile Roof
  • Stucco

Interior Spaces

  • 1,614 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Tile Flooring

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Terrace
  • West Facing Home

Listing and Financial Details

  • Tax Lot 2722
  • Assessor Parcel Number 02040420660000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance
  • Five Fifty Five Condominiums Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Room Service
  • Business Center
  • Community Mailbox

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,949

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$1,080 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Restrictions: Deed Restrictions
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From Cesar Chavez turn onto Red River St, Drive up to 5th St, Condos on the left on 5th St.
  • Disclosures: None
  • Estimated Taxes: 15726.00
  • 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: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1614.00
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Counter-Quartz, Electric Dryer Hookup, Primary Bedroom on Main, Soaking Tub, Washer Hookup
  • Laundry Location: In Unit
  • View: Downtown, Lake
  • Flooring: Tile
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: See Remarks
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Microwave, Gas Oven
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: See Remarks
  • Window Features: See Remarks

Beds/Baths

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

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Flat Tile
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Terrace
  • Pool Features: Pool/Spa Combo
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage, Gated, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Fee: 1080.00

Association/Amenities

  • Association Name: FIVE FIFTY FIVE CONDOMINIUMS
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Business Center, Cluster Mailbox, Concierge, Fitness Center, Garage Parking, Gated, Pool, Room Service, Sauna, Spa/Hot Tub

Schools

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

Lot Info

  • Lot Features: Level
  • Parcel Number: 02040420660000
  • Lot Size Acres: 0.0040
  • Lot Size Sq Ft: 174.24
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1614
  • Tax Lot: 2722
  • Tax Rate: 2.17668000000000
  • Tax Year: 2021
  • Tax Annual Amount: 15949.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 10, 2022
Sold by
Mccabe Damian G
Bought by
Veselinovic Jelena and Veselinovic Dragan
Seller's Agent
Beau Hollingshead
Compass RE Texas, LLC
Buyer's Agent
Marjet Ulmann
RE/MAX Fine Properties
List Price
$1,100,000
Current Estimated Value
$1,132,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.58%
Original Mortgage
$812,500
Outstanding Balance
$771,942
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$360,660

Purchase Details

Closed on
Jul 26, 2019
Sold by
Knight Joshua and Knight Amanda Le
Bought by
Mccabe Damian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Bda 555 Ltd
Bought by
Knight Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Veselinovic Jelena -- Shaddock & Associates Pc
Mccabe Damian G -- Capital Title
Knight Joshua -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veselinovic Jelena $812,500
Previous Owner Mccabe Damian G $484,350
Previous Owner Knight Joshua $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold -- -- --
05/10/2022 05/10/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $1,100,000 +41.6% $682 / Sq Ft
09/27/2019 09/27/19 Sold -- -- -- View Prior Sale
06/06/2019 06/06/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $777,000 -- $481 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $23,131 $1,103,033 $84,630 $1,018,403
2023 $23,938 $1,283,038 $84,630 $1,198,408
2022 $16,125 $816,498 $84,630 $731,868
2021 $15,726 $722,489 $84,630 $637,859
2020 $14,821 $691,000 $59,241 $631,759
2018 $16,229 $733,000 $36,391 $696,609
2017 $16,815 $754,000 $36,391 $717,609
2016 $15,329 $687,333 $36,391 $774,536
2015 $12,668 $624,848 $36,391 $741,609
2014 $12,668 $568,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1389311

Unlock MLS (Austin Board of REALTORS®)

APN: 703597

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