NOT LISTED FOR SALE

Estimated Value: $2,608,000 - $4,234,000

3 Beds
4.5 Baths
4,183 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: July 3, 2012

Current estimated payment $22,793 / mo

166 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • High Ceiling
  • Mathews Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of July 2012

Remarkable views paired with distinguished design. This Penthouse at the prestigious 5 Fifty Five boasts glorious floor to ceiling views of Downtown, Lady Bird Lake, and East Austin. Towering 12' ceilings, ebony stained bamboo floors, custom window treatments and an exquisite open floor plan. An impressive gourmet kitchen and wine bar adjoin the formal living and dining. Three bedrooms each have the convenience of a private bath and an additional study serves as an impressive theater room. FEMA - Unknown

Last Agent to Sell the Property

Kevin Burns

Urbanspace License #0456804 Listed on: 12/07/2011

Urbanspace

Last Buyer's Agent

Jeff Kessler

Austin Homes, REALTORS License #0457133

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,053

Year Built

  • Built in 2004

Lot Details

  • 436

HOA Fees

  • $2,105 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Assigned Parking

Property Views

  • River
  • Lake
  • Panoramic
  • Park or Greenbelt

Home Design

  • Concrete Roof
  • Masonry Siding

Interior Spaces

  • 4,183 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Track Lighting
  • Window Treatments
  • Entrance Foyer
  • Multiple Living Areas
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Purifier is Owned

Additional Features

  • Accessible Doors
  • In Ground Pool
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02040421050000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, security, sewer
  • High-Rise Community
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,053

Year Built

Built in 2004

Lot Details

436 Sq Ft Lot

HOA Fees

$2,105 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Building Area Total: 4183.00
  • Restrictions: None
  • Year Built: 2004
  • Direction Faces: South
  • Directions: 5th and Red River, entrance on the 5th street side of the Hilton Hotel.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 37434.44
  • Fencing: None
  • Garage Spaces: 3.00
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 4183.00
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Entrance Foyer, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Track Lighting, Walk-In Closet(s), Wet Bar
  • Laundry Location: In Kitchen, Laundry Room, Main Level
  • View: City, Lake, Panoramic, Park/Greenbelt, River
  • Flooring: Wood
  • Fireplace Features: None
  • Num Dining: 2
  • Num Living: 3
  • Accessibility Features: Accessible Doors
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Water Purifier Owned
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms: 5
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Assigned, Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Security, Sewer
  • Association Fee Frequency: Monthly
  • Association Fee: 2105.00

Association/Amenities

  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, See Remarks

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02040421050000
  • Lot Size Acres: 0.0100
  • Lot Size Sq Ft: 435.60
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 4183
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 44053.44
  • Tax Exemptions: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jul 3, 2012
Sold by
Gray William Kenneth and Gray Veronica L
Bought by
Oskoui Stephen
Seller's Agent
Kevin Burns
Urbanspace
Buyer's Agent
Jeff Kessler
Austin Homes, REALTORS
List Price
$1,799,000
Current Estimated Value
$3,158,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Wheeler Daniel M and The Daniel M Wheeler Seperate
Bought by
Gray William Kenneth and Gray Veronica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oskoui Stephen -- None Available
Gray William Kenneth -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray William Kenneth $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2012 07/03/12 Sold -- -- --
05/21/2012 05/21/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $1,799,000 -- $430 / 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 $45,934 $2,564,170 $219,310 $2,344,860
2023 $40,591 $2,530,497 $0 $0
2022 $45,432 $2,300,452 $0 $0
2021 $45,521 $2,091,320 $219,310 $1,929,390
2020 $40,778 $1,901,200 $153,517 $1,747,683
2018 $46,426 $2,096,956 $94,303 $2,083,697
2017 $42,514 $1,906,324 $94,303 $1,812,021
2016 $41,704 $1,870,000 $94,303 $1,775,697
2015 $42,238 $1,800,000 $94,303 $1,705,697
2014 $42,238 $1,774,856 $94,303 $1,680,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6719406

Unlock MLS (Austin Board of REALTORS®)

APN: 703641

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