Seller's Agent in 2019
Joe Longton
Kuper Sotheby's Int'l Realty
(512) 633-5186
39 Total Sales
The 5 Fifty Five 555 E 5th St Unit 3112 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $5,075,732
4
Beds
6.5
Baths
7,579
Sq Ft
$4,061/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Above Ground Spa
- Mathews Elementary School Rated A
- Unit is on the top floor
- 5-minute walk to Sir Swante Palm Park
About This Home
As of November 2019This NW corner penthouse unit is literally the most important penthouse unit in the 555. At 2,323 sf the upper level outdoor terrace is the largest terrace in Downtown Austin. Massive views of the entire Downtown Skyline. Stunning views of Town Lake. Complete view of the UT campus from the north facing set of windows.FEMA - Unknown
Last Agent to Sell the Property
Kuper Sotheby's Int'l Realty License #0308435 Listed on: 05/08/2019
Last Buyer's Agent
Non Member
Non Member License #785011
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $91,498
Year Built
- Built in 2004
Lot Details
- End Unit
- Fenced
HOA Fees
- $4,061 Monthly HOA Fees
Parking
- 3 Car Garage
- Common or Shared Parking
- Gated Parking
- Reserved Parking
- Community Parking Structure
Property Views
- River
- Lake
Home Design
- Stucco
Interior Spaces
- 7,579 Sq Ft Home
- 2-Story Property
- Wet Bar
- High Ceiling
- Recessed Lighting
- Entrance Foyer
- Living Room with Fireplace
- Multiple Living Areas
- Dining Room
Kitchen
- Breakfast Bar
- Free-Standing Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Above Ground Spa
- Deck
- Outdoor Grill
Location
- Unit is on the top floor
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Tax Lot 3112
- Assessor Parcel Number 02040421020000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, parking, sewer, trash, water
- 5 Fifty Five Association
- High-Rise Condominium
- Five Fifty 05 Condo Amd Subdivision
- Mandatory home owners association
Amenities
- Concierge
- Door to Door Trash Pickup
- Elevator
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Nov 6, 2019
Sold by
Klentz Matthew E and Klentz Bryan C
Bought by
Unit 3112 Llc
Seller's Agent
Joe Longton
Kuper Sotheby's Int'l Realty
Buyer's Agent
Non Member
Non Member
List Price
$4,500,000
Sold Price
$3,300,000
Premium/Discount to List
-$1,200,000
-26.67%
Total Days on Market
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,775,732
Avg. Annual Appreciation
8.30%
Original Mortgage
$2,145,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 22, 2008
Sold by
Schultz Mark F
Bought by
Kientz Rob and Kientz Sunny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 6, 2008
Sold by
Neches Street Partners Lp
Bought by
Schultz Mark F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.07%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Unit 3112 Llc | -- | None Available | |
| Kientz Rob | -- | American-Austin Title Co | |
| Schultz Mark F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moceri Cross | $3,300,000 | |
| Closed | Unit 3112 Llc | $2,145,000 | |
| Previous Owner | Kientz Rob | $1,700,000 | |
| Previous Owner | Schultz Mark F | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2019 11/08/19 | Sold | -- | -- | -- |
| 09/18/2019 09/18/19 | Pending | -- | -- | -- |
| 06/23/2019 06/23/19 | Price Changed | $3,600,000 | -5.3% | $475 / Sq Ft |
| 05/12/2019 05/12/19 | Price Changed | $3,800,000 | -15.6% | $501 / Sq Ft |
| 05/08/2019 05/08/19 | For Sale | $4,500,000 | -- | $594 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $79,464 | $4,724,037 | $364,465 | $4,359,572 |
| 2022 | $78,535 | $3,976,587 | $364,465 | $3,612,122 |
| 2021 | $72,298 | $3,321,500 | $364,465 | $2,957,035 |
| 2020 | $70,781 | $3,300,000 | $255,126 | $3,044,874 |
| 2018 | $88,691 | $4,005,963 | $156,720 | $3,849,243 |
| 2017 | $83,409 | $3,740,083 | $156,720 | $3,583,363 |
| 2016 | $81,411 | $3,650,481 | $156,720 | $3,493,761 |
| 2015 | $75,364 | $3,395,221 | $156,720 | $3,238,501 |
| 2014 | $75,364 | $3,166,808 | $156,720 | $3,010,088 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Longton
-
N
Buyer's Agent in 2019
Non Member
Non Member
About The 5 Fifty Five
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4800540
APN: 703638
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