$400,000
SOLD OCT 22, 2018
Last list price
1 Bed
1 Bath
1,017 Sq Ft
$607/mo HOA Fee

Recently Sold

$393 Per Sq Ft

147 Days on Market

Highlights

  • Concierge
  • Room Service
  • Fitness Center
  • Mathews Elementary School Rated A
  • Heated Roof Top Pool
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of April 2023

"Certified Pre-Inspected". A home that fits your lifestyle in downtown Austin with breathtaking/panoramic views! 24 hour concierge services, resident parking separate from hotel parking, separate entrance, access to hotel restaurants and bars. Optional amenities include fitness center, health club and spa, 24 hour room service, valet parking, meeting rooms, catered functions. 1 reserved parking space. Sprinkler Sys:Yes

Last Agent to Sell the Property

Kinan Beck

eXp Realty, LLC License #0440823 Listed on: 05/22/2018

eXp Realty, LLC

Last Buyer's Agent

Flo Ann Randle

Kuper Sotheby's Int'l Realty License #0242242

Kuper Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 2004

HOA Fees

  • $607 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Masonry Siding

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Window Treatments
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Pool

  • Heated Roof Top Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Schools

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

Utilities

  • Evaporated cooling system
  • Central Heating
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Purifier is Owned

Additional Features

  • East Facing Home

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 819
  • Assessor Parcel Number 02040420380000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, parking, security, trash
  • The 555 Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Valet Parking
  • Room Service
  • Laundry Service
  • Business Center
  • Elevator
  • Community Mailbox

Recreation

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,738

Year Built

Built in 2004

Lot Details

0

HOA Fees

$607 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, Tower (14+ Stories)
  • Building Area Total: 1017.00
  • Restrictions: None
  • Year Built: 2004
  • Direction Faces: East
  • Directions: The property is located on the South West corner of 5th and Red River. Enter through the lobby and you will be escorted to the elevator and residence.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 8546.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Home Sale Contingency: Yes
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1017.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Entrance Foyer, Primary Bedroom on Main, Recessed Lighting, Track Lighting, Walk-In Closet(s)
  • Laundry Location: In Hall, In Unit, Laundry Room
  • View: City, Panoramic
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Convection Oven, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Refrigerator, Self Cleaning Oven, Water Heater-Gas, Water Purifier Owned
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Garage, Gated

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Structure, Parking, Security, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 607.00

Association/Amenities

  • Management Company: Sumerset
  • Association Name: The 555
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Business Center, Cluster Mailbox, Concierge, Controlled Access, Fitness Center, Laundry Service, Room Service, VALET

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: See Remarks
  • Parcel Number: 02040420380000
  • Lot Size Acres: 0.0020
  • Lot Size Sq Ft: 87.12
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 1017
  • Tax Lot: 819
  • Tax Rate: 2.21399000000000
  • Tax Year: 2017
  • Tax Annual Amount: 7738.00
  • Tax Exemptions: None

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

Mortgage History

Date Status Loan Amount Loan Type
Open $383,250 New Conventional
Closed $383,250 New Conventional
Previous Owner $287,366 Commercial
Previous Owner $293,600 Commercial
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: 3974209

Unlock MLS (Austin Board of REALTORS®)

APN: 703567