NOT LISTED FOR SALE

Estimated Value: $481,791 - $558,000

1 Bed
1 Bath
1,017 Sq Ft
$681/mo HOA Fee

Last Sold April 04, 2023

Current estimated payment $4,520/month

216 Days on Market

Highlights

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

About This Home

As of April 2023

Enjoy downtown living at its finest! The 5 Fifty Five is located in the heart of downtown Austin and offers residents direct access to the Hilton Hotel. Residents may receive discounted services and amenities from the Hilton such as access to the Skyline Spa and Health Club (gym, spa, pool, sauna, pool bar), visitor parking, and room service from restaurant Cannon + Bell. Also located in the Hilton lobby is a UPS store, Starbucks, Austin Taco Project, and boutique store Capra & Cavelli. Residents of the 5 Fifty Five enjoy many conveniences including an exclusive entrance, 24-hour concierge services, and a gated parking garage. Unit 819 is stunning with floor-to-ceiling windows to enjoy city views, an abundance of natural light, automatic shades, and a chef’s kitchen with granite countertops and KitchenAid appliances. This unit is also conveniently located on the same floor as the owner’s private entrance to the Hilton Hotel and Skyline Spa & Health Club. Residents enjoy the convenience of living near some of best restaurants, live music, museums, lakes, trails, shops, and public transportation. This is a must see condo!

*Buyer to independently verify all information including but not limited to taxes, schools, square footage, lot size, hoa dues, hoa rules/restrictions, Skyline/Hilton amenities etc.

Last Agent to Sell the Property

Diane Rose Prince

Christie's Int'l Real Estate Brokerage Phone: (512) 575-3644 License #0708722 Listed on: 07/04/2022

Christie's Int'l Real Estate

Last Buyer's Agent

Chase Griesbach

ATX Realty, LLC License #0660890

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,043

Year Built

  • Built in 2004

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Panoramic

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Vinyl Clad Windows
  • Entrance Foyer
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Common Area
  • Accessible Hallway
  • No Interior Steps
  • Accessible Entrance

Pool

  • In Ground Pool
  • Saltwater Pool
  • Spa

Outdoor Features

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Purifier is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02040420380000

Community Details

Overview

  • Association fees include common area maintenance, security, sewer, trash, water
  • Somerset Association
  • Five Fifty 05 Condo Amd Subdivision
  • Lock-and-Leave Community
  • Electric Vehicle Charging Station

Amenities

  • Concierge
  • Valet Parking
  • Room Service
  • Laundry Service
  • Rooftop Deck
  • Common Area
  • Recycling
  • Community Mailbox
  • Bike Room

Recreation

  • Trails

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,043

Year Built

Built in 2004

Lot Details

0

HOA Fees

$681 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. The entrance for the 5 Fifty Five condos is separate from the Hilton hotel entrance. Please find parking on the street or public garage for the Hilton Hotel.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1017
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 575-3644
  • Attribution Contact: (512) 575-3644
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9043.45
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions,Zoning
  • Tax Exemptions: Over 65
  • Unit Style: Tower (14+ Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Granite Counters, Stone Counters, Entrance Foyer, High Speed Internet, Kitchen Island, Natural Woodwork, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • View: City, Panoramic
  • Flooring: Stone, Wood
  • Accessibility Features: Common Area, Accessible Entrance, Accessible Hallway(s)
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Water Purifier Owned
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Excellent
  • Security Features: 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Escape, Fire Sprinkler System, Firewall(s), Secured Garage/Parking
  • Window Features: Vinyl Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Electric Gate, Gated, Reserved
  • 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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 680.77
  • Community Web Site: http://www.5fiftyfive.com/

Association/Amenities

  • Association Name: Somerset
  • Association: Yes
  • Community Features: Bike Storage/Locker, Cluster Mailbox, Common Grounds, Concierge, Fitness Center, Garage Parking, Google Fiber, Hot Tub, Laundry Service, Lock and Leave, Pool, Property Manager On-Site, Recycling Area/Center, Restaurant, Rooftop Lounge, Room Service, Sauna, Smart Car Charging, Underground Utilities, ValetParking, Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Views
  • Parcel Number: 02040420380000
  • Lot Size Acres: 0.0024
  • Lot Size Sq Ft: 104.54
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9043.45
  • Tax Map Number: 819
  • Tax Filled Sqft Total: 1017
  • Tax Rate: 2.17670000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Apr 4, 2023
Sold by
Maloney Michael W
Bought by
Hambrice Zachary C
Seller's Agent
Diane Rose Prince
Christie's Int'l Real Estate
Buyer's Agent
Chase Griesbach
ATX Realty, LLC
List Price
$649,863
Sold Price
$547,500
Premium/Discount to List
-$102,363
-15.75%
Views
26
Current Estimated Value
$533,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,355
Avg. Annual Appreciation
-2.28%
Original Mortgage
$383,250
Outstanding Balance
$372,199
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$147,697

Purchase Details

Listed on
May 22, 2018
Closed on
Oct 22, 2018
Sold by
Steinberg Michael Steven and Sloan Ellen Rae
Bought by
Maloney Michael W
Seller's Agent
Kinan Beck
eXp Realty, LLC
Buyer's Agent
Flo Ann Randle
Kuper Sotheby's Int'l Realty
List Price
$400,000
Sold Price
$399,000
Premium/Discount to List
-$1,000
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bda 555 Ltd
Bought by
Steinberg Michael Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
6.33%
Mortgage Type
Commercial
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
Hambrice Zachary C -- Independence Title
Hambrice Zachary C -- Independence Title
Maloney Michael W -- Championship Title
Steinberg Michael Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hambrice Zachary C $383,250
Closed Hambrice Zachary C $383,250
Previous Owner Steinberg Michael Steven $287,366
Previous Owner Steinberg Michael Steven $293,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold -- -- --
02/05/2023 02/05/23 Pending -- -- --
11/28/2022 11/28/22 Price Changed $575,000 -4.0% $565 / Sq Ft
10/08/2022 10/08/22 Price Changed $599,000 -6.3% $589 / Sq Ft
08/26/2022 08/26/22 Price Changed $639,000 -1.7% $628 / Sq Ft
07/04/2022 07/04/22 For Sale $649,863 +62.9% $639 / Sq Ft
10/22/2018 10/22/18 Sold -- -- --
09/21/2018 09/21/18 Price Changed $399,000 -0.3% $392 / Sq Ft
09/04/2018 09/04/18 Price Changed $400,000 +0.3% $393 / Sq Ft
08/29/2018 08/29/18 Price Changed $399,000 -0.3% $392 / Sq Ft
05/22/2018 05/22/18 For Sale $400,000 -- $393 / 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 $10,894 $391,237 $0 $0
2022 $7,024 $355,670 $53,325 $302,345
2021 $8,221 $377,700 $53,325 $324,375
2020 $8,558 $399,000 $37,328 $361,672
2018 $8,945 $404,000 $22,930 $381,070
2017 $8,608 $385,990 $22,930 $381,070
2016 $7,826 $350,900 $22,930 $372,070
2015 $6,800 $319,000 $22,930 $296,070
2014 $6,800 $308,746 $22,930 $285,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8758987

Unlock MLS (Austin Board of REALTORS®)

APN: 703567