$725,000
SOLD AUG 29, 2016
Last list price
2 Beds
2 Baths
1,383 Sq Ft
$696/mo HOA Fee

Recently Sold

$524 Per Sq Ft

32 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Wood Flooring
  • Mathews Elementary School Rated A
  • Panoramic View
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of April 2022

Huge price RUDUCTION...Fabulous NE corner- Rare 2 Bdrm floorplan(only 3 in the building like this) Corner unit with large wrap around patio. This meticulously maintained condo has beautiful finishes & upgrades, automatic solar shades,custom closets and floor to ceiling windows. Unit comes with 3 parking spaces!!!Restrictions: Yes

Last Agent to Sell the Property

Brenda Gavin

Compass RE Texas, LLC License #0583262 Listed on: 06/23/2016

Compass RE Texas, LLC

Last Buyer's Agent

Ann Blaiss

Robin McCall Company License #0237194

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,362

Year Built

  • Built in 2004

HOA Fees

  • $696 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Assigned Parking

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Masonry Siding
  • Steel Siding

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Phone Available

Additional Features

  • In Ground Pool
  • North Facing Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 02040420310000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, maintenance structure, sewer, water
  • 555 HOA
  • Visit Association Website
  • High-Rise Condominium
  • Built by 555 Condominiums
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Common Area
  • Community Mailbox
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,362

Year Built

Built in 2004

Lot Details

0

HOA Fees

$696 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Single level Floor Plan, Elevator, High Rise (8-13 Stories), Neighbor Above, Neighbor Below
  • Building Area Total: 1383.00
  • Restrictions: Deed Restrictions
  • Year Built: 2004
  • Direction Faces: North
  • Directions: 5th Street & Red River
  • Estimated Taxes: 12752.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 3.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1383.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Elevator, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Hall, Laundry Closet
  • View: City, Panoramic
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Exhaust Fan
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: Elevator, See Remarks
  • Roof: Concrete, See Remarks
  • Builder Name: 555 Condominiums
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground, See Remarks
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Maintenance Structure, Sewer, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 696.00
  • Community Web Site: www.555condosaustin.com

Association/Amenities

  • Management Company: Sommerset Associatio
  • Association Name: 555 HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Pool

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: 02040420310000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides, Concrete, Steel Siding

Tax Info

  • Tax Filled Sqft Total: 1383
  • Tax Rate: 2.29000000000000
  • Tax Year: 2016
  • Tax Annual Amount: 10362.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 29, 2016
Sold by
Connor Linda O
Bought by
Miller Steven Michael and Anderson Raymond Bernard
Seller's Agent
Brenda Gavin
Compass RE Texas, LLC
Buyer's Agent
Ann Blaiss
Robin McCall Company
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%
Current Estimated Value
$699,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,684
Avg. Annual Appreciation
0.66%
Original Mortgage
$418,000
Outstanding Balance
$205,200
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$494,484

Purchase Details

Closed on
Jun 15, 2011
Sold by
Wells Fargo Bank Na
Bought by
Sean O Conner Linda and Conner Sean O

Purchase Details

Closed on
Sep 9, 2010
Sold by
Heyer William M and Five Fifty Five Condominium As
Bought by
Tainted Properties Llc

Purchase Details

Closed on
Oct 16, 2006
Sold by
Bda 555 Ltd
Bought by
Golden Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
6.46%
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
Vendors Lien -- Itc
Special Warranty Deed -- Alamo Title Company
Trustee Deed -- None Available
Condominium Deed -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $418,000 Commercial
Previous Owner $531,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold -- -- --
03/01/2022 03/01/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $789,000 0.0% $570 / Sq Ft
02/15/2021 02/15/21 Rented $3,000 0.0% --
01/22/2021 01/22/21 Under Contract -- -- --
01/08/2021 01/08/21 Price Changed $3,000 -7.7% $2 / Sq Ft
08/16/2020 08/16/20 For Rent $3,250 0.0% --
08/29/2016 08/29/16 Sold -- -- --
07/25/2016 07/25/16 Pending -- -- --
07/16/2016 07/16/16 Price Changed $692,000 -4.6% $500 / Sq Ft
06/23/2016 06/23/16 For Sale $725,000 -- $524 / 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 $13,839 $791,455 $72,520 $718,935
2022 $13,213 $669,050 $72,520 $596,530
2021 $13,003 $597,362 $72,520 $524,842
2020 $12,613 $588,070 $50,764 $537,306
2018 $14,585 $658,771 $31,184 $633,220
2017 $13,356 $598,883 $31,184 $567,699
2016 $12,386 $555,389 $31,184 $524,205
2015 $10,068 $451,307 $31,184 $420,123
2014 $10,068 $423,053 $31,184 $391,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2166560

Unlock MLS (Austin Board of REALTORS®)

APN: 703558