NOT LISTED FOR SALE

Estimated Value: $581,620 - $717,000

1 Bed
1 Bath
1,235 Sq Ft
$691/mo HOA Fee

Last Sold March 31, 2017

Current estimated payment $5,186/month

95 Days on Market

Highlights

  • Heated In Ground Pool
  • River View
  • Main Floor Primary Bedroom
  • Mathews Elementary School Rated A
  • Bamboo Flooring
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of March 2017

MAJOR PRICE REDUCTION! Located HIGH in the sky on the 28th floor atop of the prestigious Hilton Hotel in the heart of downtown this condo BOASTFULLY offers vast views as far as the eye can see! Expansive floor plan w/TWO balconies & study that could be another bedroom. 11' ceilings, wall-to-wall windows w/ views from every room, custom closets, maple cabinetry, elegant travertine bathroom, bamboo hardwoods, ss appliances. Execellent hotel amenities! Secured parking garage.Restrictions: Yes

Last Agent to Sell the Property

Kristy Petree

Kristy Petree License #0431782 Listed on: 11/15/2016

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,530

Year Built

  • Built in 2004 | Remodeled

HOA Fees

  • $691 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking

Property Views

  • River
  • Lake

Home Design

  • Masonry Siding

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Dining Area

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Schools

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

Additional Features

  • Heated In Ground Pool
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 02040420770000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, maintenance structure, trash
  • 5Fiftyfive Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,530

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$691 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, High Rise (8-13 Stories)
  • Building Area Total: 1235.00
  • Restrictions: Deed Restrictions
  • Year Built: 2004
  • Directions: 555 Residences located @ corner of 5th and Red River. Entrance to the Residences off 5th Street under the awning 555 and across from Carmelo's Restaurant. Park in commercial spaces directly in front of the 555 awning.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 12337.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Home Sale Contingency: Yes
  • Levels: One
  • Living Area: 1235.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Multiple Dining Areas, Primary Bedroom on Main, Wet Bar
  • Laundry Location: Laundry Closet
  • View: City, Lake, River
  • Flooring: Bamboo, Stone
  • Fireplace Features: None
  • Num Dining: 2
  • Num Living: 1
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Wine Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: None
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: See Remarks
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Garage, Reserved

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: BLR
  • Water Source: Public
  • Cooling: Evaporative Cooling

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 691.00

Association/Amenities

  • Association Name: 5fiftyFive
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

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

  • Parcel Number: 02040420770000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 1235
  • Tax Rate: 2.37980000000000
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Mar 31, 2017
Sold by
Bentree Investments Llc
Bought by
Passalacqua Paola and Leroux Andre L
Seller's Agent
Kristy Petree
Kristy Petree
Buyer's Agent
Non Member
Non Member
List Price
$575,000
Current Estimated Value
$660,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$394,400
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2015
Sold by
Gokhale Parag and U S Bank Trust N A
Bought by
Bentree Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Passalacqua Paola -- Independence Title Co
Bentree Investments Llc $451,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passalacqua Paola $266,288
Closed Passalacqua Paola $394,400
Previous Owner Gokhale Parag $541,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Off Market -- -- --
03/31/2017 03/31/17 Sold -- -- --
02/18/2017 02/18/17 Pending -- -- --
02/02/2017 02/02/17 Price Changed $524,900 -4.4% $425 / Sq Ft
01/03/2017 01/03/17 Price Changed $549,000 -4.5% $445 / Sq Ft
11/15/2016 11/15/16 For Sale $575,000 0.0% $466 / Sq Ft
02/19/2016 02/19/16 Rented $2,800 -17.6% --
02/17/2016 02/17/16 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $3,400 -- --
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 $10,530 $512,678 $64,710 $447,968
2023 $9,004 $602,177 $0 $0
2022 $10,811 $547,434 $0 $0
2021 $10,833 $497,667 $64,710 $432,957
2020 $10,486 $488,909 $45,297 $443,612
2018 $10,915 $493,000 $27,825 $465,175
2017 $14,074 $631,068 $27,825 $603,243
2016 $13,747 $616,404 $27,825 $588,579
2015 $11,529 $518,405 $27,825 $490,580
2014 $11,529 $484,439 $27,825 $456,614
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4369842

Unlock MLS (Austin Board of REALTORS®)

APN: 703612