NOT LISTED FOR SALE

Estimated Value: $702,000 - $797,158

2 Beds
2 Baths
1,487 Sq Ft
$504/Sq Ft Est. Value

Last Sold July 12, 2022

Current estimated payment $6,194/month

13 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Panoramic View
  • Mathews Elementary School Rated A
  • Gated Parking
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of July 2022

Welcome to the 5 Fifty-Five luxury condos. This is your opportunity to own a piece of Downtown Austin’s Lock and leave lifestyle. Premier location next to the Metro with a Skybridge to Convention Center*Light, bright open floor plan*Gourmet kitchen with stainless steel appliances*Large living area with door out to balcony*Sizable primary bedroom with walk-in closet*Floor to ceiling windows with motorized shades*Stackable washer, dryer and refrigerator convey* Unit includes two parking spaces (B24 & B30) and a storage locker (#36)*24 hour concierge*Controlled access and package delivery*Hilton Hotel amenities are just steps away and the Skyline Spa & Health Club can be joined for an additional fee* Schedule the occasional massage in the Hilton Wellness Center, Hot tub, Sauna, Steam Room!! Bars/restaurants in building for fun or business. 24-hour room service. Enjoy shopping and dining right outside your door with 6th Street just one block away. Steps away is the Waller Creek Greenbelt that extends from Waterloo Park down to Lady Bird Lake. Catch live music at Stubb’s, Antones or swing by an event at the Austin Convention Center, or an easily stroll to the Hike-and-Bike Trail for a workout. Bike Storage, 24 hr coffee / espresso station, Power outlet for electrical cars, Dry cleaning drop off/pick up station. IT'S A WINNER!

Last Agent to Sell the Property

Tom Amiss

Keller Williams Realty License #0406567 Listed on: 05/19/2022

Keller Williams Realty

Last Buyer's Agent

Elisabeth Hay

Compass RE Texas, LLC License #0713914

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,149

Year Built

  • Built in 2004

Lot Details

  • 174 Sq Ft Lot
  • North Facing Home

HOA Fees

  • $995 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Secured Garage or Parking
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Estate
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Masonry Siding

Interior Spaces

  • 1,487 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Blinds
  • Solar Screens
  • Entrance Foyer
  • Storage

Kitchen

  • Breakfast Bar
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry on main level
  • Washer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Common Area

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center
  • Energy-Efficient Exposure or Shade

Outdoor Features

  • Terrace
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 02040420060000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, trash, water
  • $500 HOA Transfer Fee
  • 5Fiftyfive Condominium Association Inc. Association
  • Visit Association Website
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions, zoning restrictions

Amenities

  • Concierge
  • Elevator
  • Package Room
  • Community Mailbox

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,149

Year Built

Built in 2004

Lot Details

0

HOA Fees

$995 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories), Single level Floor Plan, Elevator
  • Restrictions: Deed Restrictions, Zoning
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: *Masks are mandatory in Condo residential common areas* 5 Fifty-Five Condominiums are located on the SW corner of East 5th Street and Red River Street. Located at the Hilton Hotel with separate resident and guest entrance & lobby. Head East on 5th street from Congress Ave to 5th St & Red River.
  • Disclosures: None
  • Estimated Taxes: 12727.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: Exposure/Shade
  • Green Sustainability: Onsite Recycling Center
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1487.00
  • Other Structures: Storage
  • Special Listing Conditions: Estate
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, Bookcases, Breakfast Bar, Ceiling-High, Counter-Quartz, Double Vanity, Entrance Foyer, High Speed Internet, In-Law Floorplan, Kitchen Island, Murphy Bed, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Storage, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Main Level
  • View: City, Downtown, Panoramic, Skyline
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Common Area
  • Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, RNGHD, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking
  • Window Features: Blinds, Solar Screens

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Terrace
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet-Cable, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 994.76
  • Community Web Site: https://www.the5fiftyfive.com/amenities

Association/Amenities

  • Management Company: Somerset Association Management – An Ass
  • Association Name: 5FiftyFive Condominium Association Inc.
  • Requirement: Mandatory
  • Association Transfer Fee: 500
  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Controlled Access, Garage Parking, Package Service, Property Manager On-Site, Restaurant, Sidewalks

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
  • Special Assessment: No
  • Parcel Number: 02040420060000
  • Lot Size Acres: 0.0040
  • Lot Size Sq Ft: 174.24
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1487
  • Tax Lot: 501
  • Tax Rate: 2.17668000000000
  • Tax Year: 2021
  • Tax Annual Amount: 8149.00
  • Tax Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Serra Benjamin
Bought by
Serra Revocable Trust and Serra
Current Estimated Value
$749,579

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 12, 2022
Sold by
Marilyn M Amey Revocable Inter Vivos Tru
Bought by
Serra Benjamin
Seller's Agent
Tom Amiss
Keller Williams Realty
Buyer's Agent
Elisabeth Hay
Compass RE Texas, LLC
List Price
$749,999
Sold Price
$750,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.47%
Original Mortgage
$600,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Bda 555 Ltd
Bought by
Amey Marilyn M and Marilyn M Amey Revocable Inter Vivos Tr
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
Serra Revocable Trust -- None Listed On Document
Serra Benjamin -- Chicago Title
Amey Marilyn M -- American-Austin Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serra Benjamin $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold -- -- --
06/01/2022 06/01/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $749,999 -- $504 / 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 $12,950 $791,052 $77,930 $713,122
2022 $12,702 $643,175 $0 $0
2021 $12,727 $584,705 $77,930 $506,775
2020 $12,306 $573,731 $54,551 $519,180
2018 $13,241 $598,043 $33,510 $612,285
2017 $12,125 $543,675 $33,510 $569,626
2016 $11,022 $494,250 $33,510 $533,930
2015 $7,729 $449,318 $33,510 $415,808
2014 $7,729 $421,591 $33,510 $388,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2381493

Unlock MLS (Austin Board of REALTORS®)

APN: 703504