NOT LISTED FOR SALE

Estimated Value: $1,483,000 - $1,547,144

2 Beds
2.5 Baths
2,039 Sq Ft
$1,217/mo HOA Fee

Last Sold December 21, 2018

Current estimated payment $11,055/month

293 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Panoramic View
  • Mathews Elementary School Rated A
  • Heated In Ground Pool
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of December 2018

Recently Painted Walls/Trim and Refinished Hardwoods, this Gorgeous 29th FL DT Condo is priced to sell at 465sqft! The Frost Bank Bldg is the Centerpiece of The Amazing View through the 11ft Floor to Ceiling Windows. 2 Bed, 2 1/2 Baths, Plus a Study Gives A Generous Living Space For Someone Desiring to be Downtown and Have all of the Conveniences of the Hilton Austin; Which Include Amenities like Restaurants, Bars, Starbucks, UPS store, Gym, and Pool. 2 Deeded Parking Spots, Extra Storage also convey.Guest Accommodations: Yes Restrictions: Yes

Last Agent to Sell the Property

Christy Dileo

Wildflower Real Estate License #0427007 Listed on: 02/27/2018

Last Buyer's Agent

Maggie Ruiz

Redfin Corporation License #0643306

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,973

Year Built

  • Built in 2004

Lot Details

  • 218

HOA Fees

  • $1,217 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • River
  • Lake
  • Panoramic

Home Design

  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Masonry Siding
  • Steel Siding

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Stepless Entry
  • No Carpet

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Purifier is Owned
  • High Speed Internet

Additional Features

  • West Facing Home

Listing and Financial Details

  • Tax Lot 2924
  • Assessor Parcel Number 02040420910000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, sewer, trash
  • 5Fifty5 Condos Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Elevator

Recreation

  • Community Spa

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,973

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,217 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Building Area Total: 2039.00
  • Restrictions: See Remarks
  • Year Built: 2004
  • Direction Faces: West
  • Directions: Traveling N. on Mopac exit Cesar Chavez/5th street, then head E. on 5th St.; continue to 555 E. 5th on right. Traveling South on Interstate 35 take the 6th St. exit and head West on 6th. Two blocks to Red River then left. Entrance at corner of Red River.
  • Disclosures: See Remarks
  • Estimated Taxes: 22856.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: Room with Private Bath, See Remarks
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2039.00
  • Property Panorama: No
  • Special Listing Conditions: See Remarks
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Primary Bedroom on Main, Recessed Lighting, Track Lighting, Walk-In Closet(s)
  • Laundry Location: In Unit, Laundry Room
  • View: City, Lake, Panoramic, River
  • Flooring: No Carpet, Stone, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Guest Beds: 1
  • Guest Full Bathrooms: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Cooktop, Cooktop Gas, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Water Purifier Owned
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Elevator, No Exterior Steps, See Remarks
  • Roof: Tar/Gravel
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground, Saltwater, See Remarks
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Internet-Cable, Other, Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Sewer, Trash, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1217.00

Association/Amenities

  • Management Company: Somerset Association
  • Association Name: 5Fifty5 Condos
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Controlled Access, Fitness Center, Garage Parking, Hot Tub Community, Pool

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: None
  • Parcel Number: 02040420910000
  • Lot Size Acres: 0.0050
  • Lot Size Sq Ft: 217.80
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides, Steel Siding

Tax Info

  • Tax Filled Sqft Total: 2039
  • Tax Lot: 2924
  • Tax Rate: 2.21399000000000
  • Tax Year: 2017
  • Tax Annual Amount: 16973.00
  • Tax Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Dec 20, 2018
Sold by
Felder Louis S
Bought by
Migliero Michael and Ton Ngan
Seller's Agent
Christy Dileo
Wildflower Real Estate
Buyer's Agent
Maggie Ruiz
Redfin Corporation
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Total Days on Market
293
Current Estimated Value
$1,515,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,072
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Mar 16, 2010
Sold by
Fertitta Mark E
Bought by
Felder Louis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
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
Migliero Michael -- Texas National Title
Felder Louis S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felder Louis S $599,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold -- -- --
12/17/2018 12/17/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $950,000 -4.5% $466 / Sq Ft
07/17/2018 07/17/18 Price Changed $995,000 0.0% $488 / Sq Ft
07/17/2018 07/17/18 For Sale $995,000 -16.7% $488 / Sq Ft
05/30/2018 05/30/18 Off Market -- -- --
04/09/2018 04/09/18 Price Changed $1,195,000 -6.3% $586 / Sq Ft
02/27/2018 02/27/18 For Sale $1,275,000 -- $625 / Sq Ft
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 $18,132 $1,159,393 $0 $0
2022 $20,816 $1,053,994 $0 $0
2021 $20,856 $958,176 $106,915 $851,261
2020 $20,281 $945,555 $74,841 $870,714
2018 $24,829 $1,121,465 $45,973 $1,075,492
2017 $23,022 $1,032,324 $45,973 $986,351
2016 $22,413 $1,005,000 $45,973 $959,027
2015 $16,650 $919,452 $45,973 $895,786
2014 $16,650 $835,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8664692

Unlock MLS (Austin Board of REALTORS®)

APN: 703628