NOT LISTED FOR SALE

Estimated Value: $471,076 - $480,000

1 Bed
1 Bath
817 Sq Ft
$550/mo HOA Fee

Last Sold April 20, 2023

Current estimated payment $3,593/month

89 Days on Market

Highlights

  • Concierge
  • Heated Roof Top Pool
  • Gated Parking
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of April 2023

Enjoy Downtown living in this newly renovated, bright condominium at the luxurious 5 Fifty-Five in downtown Austin with floor to ceiling windows! Updates totaling more than $70,000 include new White Oak hardwood floors, new bathroom including a modern look shower and vanity, modern lighting, additional wall for a spacious walk in closet, new kitchen island with cabinet space! Custom crown molding, granite counters and stainless appliances. Located in the Downtown Hilton with optional membership to the Skyline Spa and Health Club which offers a gym, heated rooftop saltwater pool/hot tub. Controlled Premium reserved parking and storage just down the hall from the unit. 24 hour Concierge service, package delivery, available 24 hour room service through Hilton. 24 hour Espresso coffee station, and numerous other luxuries. Fun restaurants, bars, and a Starbucks located within the building. Walkability to some of Austin's finest restaurants, live music, museums, lakes, trails, shops, grocery stores, public transportation, and Historic 6th Street.

Last Agent to Sell the Property

Lance Bishop

Texas Signature Realty Brokerage Phone: (800) 544-9885 License #0533700 Listed on: 12/09/2022

Texas Signature Realty

Last Buyer's Agent

Byron Davis

Location 3 Realty License #0455486

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Lighted Parking
  • Gated Parking
  • Secured Garage or Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 817 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Display Windows
  • Entrance Foyer
  • Storage
  • Stacked Washer and Dryer
  • Wood Flooring
  • Closed Circuit Camera

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Pool

  • Heated Roof Top Pool
  • Saltwater Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near public transit

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 02040420270000

Community Details

Overview

  • Association fees include gas, trash, water
  • The 5 Fifty Five Condominium Association
  • Five Fifty 05 Condo Amd Subdivision

Amenities

  • Concierge

Recreation

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,189

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: From I-35 go West on E 5th St. Building is on your left. Main entrance for the 5 Fifty-Five condos is separate from the Hilton hotel entrance and is located on 5th street. Parking available at the public garage for the Hilton or on the street.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: Doors, HVAC, Windows
  • Green Sustainability: None
  • Levels: One
  • Living Area: 817
  • Other Structures: None
  • Special Listing Conditions: Real Estate Owned
  • Attribution Contact: (800) 544-9885
  • Attribution Contact: (800) 544-9885
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 7189.00
  • FEMA Flood Plain: No
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead
  • Unit Style: Tower (14+ Stories),Elevator
  • Special Features: 5120

Interior Features

  • Interior Amenities: High Ceilings, Granite Counters, Crown Molding, Electric Dryer Hookup, Entrance Foyer, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Storage, Walk-In Closet(s), Washer Hookup
  • View: City, City Lights
  • Flooring: Wood, See Remarks
  • Accessibility Features: See Remarks
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Oven, Free-Standing Gas Oven, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled, Excellent
  • Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Escape, Fire Sprinkler System, Firewall(s), Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Window Features: Display Window(s), Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Bathroom
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: See Remarks
  • Pool Features: Heated, Rooftop Pool, Saltwater, See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Assigned, Community Structure, Garage, Gated, Lighted
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 550

Association/Amenities

  • Association Name: The 5 Fifty Five Condominium Association
  • Association: Yes
  • Community Features: Concierge, Garage Parking, Hot Tub, Pool, See Remarks

Schools

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

Lot Info

  • Lot Features: Near Public Transit, See Remarks
  • Parcel Number: 02040420270000
  • Lot Size Acres: 0.002
  • Lot Size Sq Ft: 87.12
  • Subdivision Name: Five Fifty 05 Condo Amd
  • Special Assessment: No

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7189
  • Tax Map Number: 725
  • Tax Filled Sqft Total: 817
  • Tax Rate: 2.14486000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Apr 20, 2023
Sold by
Kandil Mohaned
Bought by
Agarwal Aarush
Seller's Agent
Lance Bishop
Texas Signature Realty
Buyer's Agent
Byron Davis
Location 3 Realty
List Price
$545,000
Sold Price
$500,500
Premium/Discount to List
-$44,500
-8.17%
Views
302
Current Estimated Value
$475,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,962
Avg. Annual Appreciation
-2.29%

Purchase Details

Listed on
Nov 27, 2020
Closed on
Apr 16, 2021
Sold by
Prado Fabian Ricardo
Bought by
Kandil Mohaned and Claros Francisco
Seller's Agent
Christie Covert Ingersoll
Covert Ingersoll Properties
Buyer's Agent
Gavin Grounds
Keller Williams Realty
List Price
$399,500
Sold Price
$385,000
Premium/Discount to List
-$14,500
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$365,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 3, 2019
Closed on
Feb 28, 2019
Sold by
Spruill Jimmy W
Bought by
Prado Fabian Ricardo
Seller's Agent
Noa Levy
The Boutique Real Estate
Buyer's Agent
Non Member
Non Member
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$365,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 3, 2015
Sold by
Watford Jonathan H and Clerk Jeannett Beda
Bought by
Spruill Jimmy W
Seller's Agent
Kumara Wilcoxon
Kuper Sotheby's Int'l Realty
Buyer's Agent
Adrienne Longoria
Christies Lone Star
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Original Mortgage
$300,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bda 555 Ltd
Bought by
Watford Jonathan H
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
Agarwal Aarush -- Independence Title
Kandil Mohaned -- Independence Title Company
Prado Fabian Ricardo -- Independence Title Company
Spruill Jimmy W -- Independence Title Company
Watford Jonathan H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kandil Mohaned $365,750
Previous Owner Prado Fabian Ricardo $367,300
Previous Owner Prado Fabian Ricardo $365,000
Previous Owner Spruill Jimmy W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold -- -- --
03/08/2023 03/08/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $519,000 -4.8% $635 / Sq Ft
02/07/2023 02/07/23 For Sale $545,000 0.0% $667 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $545,000 +38.0% $667 / Sq Ft
04/16/2021 04/16/21 Sold -- -- --
03/14/2021 03/14/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $395,000 -0.9% $483 / Sq Ft
12/28/2020 12/28/20 Price Changed $398,500 -0.3% $488 / Sq Ft
11/27/2020 11/27/20 For Sale $399,500 -0.1% $489 / Sq Ft
02/28/2019 02/28/19 Sold -- -- --
02/13/2019 02/13/19 Pending -- -- --
02/03/2019 02/03/19 For Sale $399,900 +6.6% $489 / Sq Ft
09/04/2015 09/04/15 Sold -- -- --
07/06/2015 07/06/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $375,000 0.0% $459 / Sq Ft
03/22/2014 03/22/14 Rented $2,050 -10.9% --
03/21/2014 03/21/14 Under Contract -- -- --
01/12/2014 01/12/14 For Rent $2,300 +12.2% --
04/07/2013 04/07/13 Rented $2,050 -10.9% --
04/04/2013 04/04/13 Under Contract -- -- --
02/04/2013 02/04/13 For Rent $2,300 +17.9% --
02/29/2012 02/29/12 Rented $1,950 -2.5% --
02/27/2012 02/27/12 Under Contract -- -- --
12/16/2011 12/16/11 For Rent $2,000 -- --
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 $5,159 $367,477 $0 $0
2022 $6,598 $334,070 $42,810 $291,260
2021 $6,856 $314,982 $42,810 $272,172
2020 $7,189 $335,154 $29,967 $305,187
2018 $8,379 $378,473 $18,408 $360,065
2017 $8,179 $366,767 $18,408 $348,359
2016 $8,004 $358,903 $18,408 $340,495
2015 $6,125 $274,460 $18,408 $256,052
2014 $6,125 $257,385 $18,408 $238,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9482800

Unlock MLS (Austin Board of REALTORS®)

APN: 703552