$950,000
SOLD SEP 17, 2020
Last list price
4 Beds
4 Baths
2,362 Sq Ft
$1,542/mo HOA Fee

Recently Sold

$402 Per Sq Ft

20 Days on Market

Highlights

  • Concierge
  • Room Service
  • Gated Parking
  • Mathews Elementary School Rated A
  • Fitness Center
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of April 2022

Spacious 4 bedroom, 4 bathroom, 2 living area corner unit is move-in ready with plenty of room. Perfect for lock and leave luxury lifestyle. A comfortable live and work space for 3-4 people. HOA includes a 24-hr concierge desk, secure parking, gas, water and more. Discounted amenities available through Hilton Hotel. SEE DETAILED FLOOR PLAN to understand this flexible layout. Near all public transportation and UT is 1.2 miles away.

Last Agent to Sell the Property

Dana Epstein

eXp Realty, LLC License #0634135 Listed on: 08/15/2020

eXp Realty, LLC

Last Buyer's Agent

Meg Alley

Urbanspace License #0629511

Urbanspace

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,848

Year Built

  • Built in 2004

HOA Fees

  • $1,542 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Roof
  • Steel Siding
  • Stucco

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Multiple Living Areas
  • Wood Flooring
  • Smart Thermostat
  • Laundry in multiple locations

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Schools

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

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system
  • Gas Water Heater

Additional Features

  • South Facing Home

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 covenants, conditions, and restrictions

Amenities

  • Concierge
  • Room Service
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,848

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,542 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
  • Building Area Total: 2362.00
  • Restrictions: Covenant
  • Year Built: 2004
  • 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: 12821.45
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 3.00
  • Guest Accommodation Description: Connected, Room with Private Bath, See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2362.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Ceiling-High, In-Law Floorplan, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • Laundry Location: Laundry Closet, Multiple Locations
  • View: City
  • Flooring: Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 2
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Disposal, Cooktop Gas, Microwave, Refrigerator, Water Heater-Gas
  • Main Level Bedrooms: 4
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 1542.00

Association/Amenities

  • Association Name: Five fifty five Cond
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Fitness Center, Garage Parking, Nest Thermostat, Pool, Room Service, See Remarks

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: 02040420300000
  • Lot Size Acres: 0.0060
  • Lot Size Sq Ft: 261.36
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Steel Siding, Stucco

Tax Info

  • Tax Filled Sqft Total: 2362
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 13848.29
  • 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
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
Sold Price
$1,578,000
Premium/Discount to List
-$21,000
-1.31%
Current Estimated Value
$1,381,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,348
Avg. Annual Appreciation
-4.59%
Original Mortgage
$1,183,500
Outstanding Balance
$1,121,949
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$239,784

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
Sold Price
$890,000
Premium/Discount to List
-$60,000
-6.32%

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
Sold Price
$645,000
Premium/Discount to List
$6,000
0.94%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Independence Title
Warranty Deed -- Independence Title Company
Warranty Deed -- Heritage Title
Warranty Deed -- Heritage Title
Condominium Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,183,500 New Conventional
Previous Owner $394,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $670,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- -- --
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 -- -- --
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 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 $25,052 $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: 5810246

Unlock MLS (Austin Board of REALTORS®)

APN: 703557