NOT LISTED FOR SALE

Estimated Value: $1,421,000 - $1,629,000

4 Beds
4 Baths
2,362 Sq Ft
$1,600/ mo HOA Fee

Last Sold April 30, 2022

Current estimated payment $11,447/month

8 Days on Market

Highlights

  • Concierge
  • Building Security
  • Gated Parking
  • Mathews Elementary School Rated A
  • Private Pool
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of April 2022

Expansive corner residence on the 7th floor in the Hilton Condominiums. This 4 bedroom / 4 bathroom condo feels light and airy with its open floor plan, floor-to-ceiling windows, 2 living spaces, and large flex room perfect for an office space. The kitchen opens up to the living room and features granite countertops, and recently updated stainless steel appliances. The condo includes plenty of storage, hardwood floors, 3 spacious balconies, and 3 reserved parking spaces in the gated Hilton Austin Garage. The 555 Residences have a private garage separate from The Hilton Hotel with premium first-level parking. Owners have easy access to Hilton Austin heated swimming pool and Skyline Spa & Health Club; membership and service discounts are provided to 555 residents. Concierge service, and private and secure lobby for residents. Walk to numerous downtown restaurants and shops, including Target, Whole Foods and Trader Joe's. Walking distance to hike and bike trails, the Boardwalk at Lady Bird lake and downtown parks.

Last Agent to Sell the Property

Meg Alley

Urbanspace License #0629511 Listed on: 03/21/2022

Urbanspace

Last Buyer's Agent

DeLea Becker

Beck-Reit Commercial Real Esta License #0624888

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • South Facing Home

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Gated Parking
  • Reserved Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Multiple Living Areas
  • Smart Thermostat

Kitchen

  • Breakfast Bar
  • Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Private Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02040420300000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, maintenance structure, trash
  • Five Fifty Five Cond Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Elevator
  • Community Mailbox

Security

  • Building Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

261 Sq Ft Lot

HOA Fees

$1,600 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Single level Floor Plan, Elevator
  • Restrictions: City Restrictions, Deed Restrictions, See Remarks
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Entrance is on 5th Street Just west of Red River. Same building as Hilton Hotel, but condominiums have separate entrance from the hotel. Park on 5th street and go in side door to concierge desk for lockbox. Masks are mandatory.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 19544.69
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 3.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2362.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Ceiling-High, Counter-Granite, In-Law Floorplan, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: City
  • Flooring: Bamboo, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Oven, Free-Standing Gas Range, Refrigerator, Washer/Dryer Stacked, Water Heater-Gas
  • Main Level Bedrooms: 4
  • Property Condition: Resale
  • Security Features: Building Security, None
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony, No Exterior Steps
  • Roof: Concrete, Membrane
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Covered, Garage, Gated, Reserved
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 1600.00

Association/Amenities

  • Management Company: Somerset
  • Association Name: Five fifty five Cond
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Garage Parking, Nest Thermostat, Property Manager On-Site, See Remarks

Schools

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

Lot Info

  • Lot Features: None
  • Special Assessment: No
  • Parcel Number: 02040420300000
  • Lot Size Acres: 0.0060
  • Lot Size Sq Ft: 261.36
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 2362
  • Tax Rate: 2.17667900000000
  • Tax Year: 2021
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 29, 2022
Sold by
Freeman-Tambellini 2016 Trust and Freeman Walter E
Bought by
Becker Russell Mark and Becker Delea Spears
Seller's Agent
Meg Alley
Urbanspace
Buyer's Agent
DeLea Becker
Beck-Reit Commercial Real Esta
List Price
$1,599,000
Current Estimated Value
$1,567,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.17%
Original Mortgage
$1,183,500
Outstanding Balance
$1,102,949
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$464,865

Purchase Details

Listed on
Aug 15, 2020
Closed on
Sep 17, 2020
Sold by
Brim Michael R
Bought by
Freeman Walter E and Tambellint Vena
Seller's Agent
Dana Epstein
eXp Realty, LLC
Buyer's Agent
Meg Alley
Urbanspace
List Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.41%

Purchase Details

Listed on
Nov 29, 2011
Closed on
Feb 22, 2012
Sold by
Bjorklund Morgan James J and Bjorklund Morgan Sanieh
Bought by
Brim Michael R
Seller's Agent
Kumara Wilcoxon
Kuper Sotheby's Int'l Realty
Buyer's Agent
Ellen Noble
Capital Downtown REALTORS
List Price
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Sep 10, 2008
Sold by
Turner Robert H and Turner Jill S
Bought by
Morgan James J and Morgan Kris Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bda 555 Ltd
Bought by
Turner Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.24%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Becker Russell Mark -- Independence Title
Freeman Walter E -- Independence Title Company
Brim Michael R -- Heritage Title
Morgan James J -- Heritage Title
Turner Robert H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Russell Mark $1,183,500
Previous Owner Morgan James J $400,000
Previous Owner Turner Robert H $670,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2022 04/30/22 Sold -- -- --
03/29/2022 03/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $1,599,000 +68.3% $677 / Sq Ft
09/17/2020 09/17/20 Sold -- -- -- View Prior Sale
09/04/2020 09/04/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $950,000 +48.7% $402 / Sq Ft
02/29/2012 02/29/12 Sold -- -- -- View Prior Sale
02/06/2012 02/06/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $639,000 -- $271 / 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 $20,262 $1,170,410 $123,825 $1,046,585
2023 $23,279 $1,581,843 $123,825 $1,458,018
2022 $20,401 $1,033,000 $123,825 $909,175
2021 $19,545 $897,914 $123,825 $774,089
2020 $17,931 $836,000 $86,678 $749,322
2019 $18,363 $836,000 $86,678 $749,322
2018 $18,930 $855,000 $53,245 $801,755
2017 $17,486 $784,080 $53,245 $812,755
2016 $15,896 $712,800 $53,245 $751,755
2015 $13,612 $648,000 $53,245 $594,755
2014 $13,612 $669,686 $53,245 $616,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8925283

Unlock MLS (Austin Board of REALTORS®)

APN: 703557

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