NOT LISTED FOR SALE

Estimated Value: $427,278 - $497,000

1 Bed
1 Bath
894 Sq Ft
$584/mo HOA Fee

Last Sold December 01, 2020

Current estimated payment $3,854/month

70 Days on Market

Highlights

  • Concierge
  • City View
  • Main Floor Primary Bedroom
  • Mathews Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of December 2020

Amazing opportunity in the luxurious 5 Fifty Five Condos in the heart of Downtown. This bright, North-facing unit boasts a great layout, hardwoods throughout, granite counters, private balcony & premium parking spot to boot! HOA includes 24 hr concierge, water/trash & annual HVAC inspection. Optional membership available to Hilton Hotel gives access to pool, gym & spa. Pride in ownership shows, must view this gem!

Last Agent to Sell the Property

Adam Zell

Compass RE Texas, LLC License #0602113 Listed on: 08/13/2020

Compass RE Texas, LLC

Last Buyer's Agent

Doug Harrison

Urbanspace License #0362333

Urbanspace

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 2004

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 894 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Laundry closet

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Double Vanity

Home Security

Schools

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

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 705
  • Assessor Parcel Number 02040420190000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, water
  • 5 Fifty Five Association
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Community Barbecue Grill
  • Elevator
  • Community Mailbox
  • Bike Room

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,481

Year Built

Built in 2004

Lot Details

0

HOA Fees

$584 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator
  • Building Area Total: 894.00
  • Restrictions: None
  • Year Built: 2004
  • Direction Faces: North
  • Directions: Corner of 5th St & Red River. Entrance to 5 Fifty Five condos on 5th ST.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 7236.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Levels: One
  • Living Area: 894.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: City
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Oven, Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 584.00

Association/Amenities

  • Association Name: 5 Fifty Five
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Concierge, Controlled Access

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: 02040420190000
  • Lot Size Acres: 0.0020
  • Lot Size Sq Ft: 87.12
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Filled Sqft Total: 894
  • Tax Lot: 705
  • Tax Rate: 2.14486000000000
  • Tax Year: 2020
  • Tax Annual Amount: 6481.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 1, 2020
Sold by
Liu Margarida
Bought by
Rdm Capital Llc
Seller's Agent
Adam Zell
Compass RE Texas, LLC
Buyer's Agent
Doug Harrison
Urbanspace
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Total Days on Market
70
Current Estimated Value
$462,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,139
Avg. Annual Appreciation
4.97%
Original Mortgage
$380,000
Outstanding Balance
$342,743
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$119,396

Purchase Details

Closed on
Aug 5, 2005
Sold by
Liu Mary
Bought by
Liu Margarida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Rdm Capital Llc -- Austin Title Company
Liu Margarida -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rdm Capital Llc $380,000
Previous Owner Liu Margarida $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold -- -- --
10/01/2020 10/01/20 Price Changed $389,000 -1.5% $435 / Sq Ft
09/17/2020 09/17/20 Price Changed $395,000 -1.2% $442 / Sq Ft
08/13/2020 08/13/20 For Sale $399,900 0.0% $447 / Sq Ft
11/19/2015 11/19/15 Rented $2,150 -14.0% --
11/16/2015 11/16/15 Under Contract -- -- --
09/10/2015 09/10/15 For Rent $2,500 -- --
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 $8,459 $467,542 $46,850 $420,692
2022 $7,825 $396,222 $46,850 $349,372
2021 $8,041 $369,436 $46,850 $322,586
2020 $7,236 $337,385 $32,795 $304,590
2018 $8,289 $374,410 $20,146 $354,264
2017 $7,809 $350,178 $20,146 $348,441
2016 $7,100 $318,344 $20,146 $345,668
2015 $6,070 $289,404 $20,146 $269,258
2014 $6,070 $276,522 $20,146 $256,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1701382

Unlock MLS (Austin Board of REALTORS®)

APN: 703541