$412,827
SOLD MAY 17, 2019
Last list price
1 Bed
1.5 Baths
996 Sq Ft
$635/mo HOA Fee

Recently Sold

$414 Per Sq Ft

19 Days on Market

Highlights

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

About This Home

As of May 2019

RARE combination for downtown...large SF w/ 34' of floor to ceiling windows, 2 balconies, a walk-in shower w/ separate tub...and a grassy park next door. ALL w/out a million dollar price!! This LARGE 1 bedroom is 996sf & has a 2nd bath! OVER $32,000 in improvements: Custom closet, Electric shades, LED lights, Stainless appliances, Bamboo & Travertine floors, new Paint & Ceiling fans. Within walking distance to Waller Creek, Saltillo Plaza w/ Whole Foods, Brush Square & Cap Metro Rail. Make it YOURS TODAY!Restrictions: Yes

Last Agent to Sell the Property

Josh Center

Waterloo Realty, LLC License #0584763 Listed on: 03/22/2019

Co-Listed By

Jude Galligan

TOWERS.net License #0538001

Last Buyer's Agent

Thomas Bowen

Grand Land Realty, LLC License #0590507

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,064

Year Built

  • Built in 2004

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Security Lights
  • Laundry in Bathroom

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Heated Roof Top Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Additional Features

  • East Facing Home
  • Unit is below another unit

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02040420420000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, insurance, sewer, trash, water
  • 5 Fifty Five Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,064

Year Built

Built in 2004

Lot Details

0

HOA Fees

$635 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry, Single level Floor Plan, Elevator, Tower (14+ Stories), Neighbor Above
  • Building Area Total: 996.00
  • Restrictions: Deed Restrictions
  • Year Built: 2004
  • Direction Faces: East
  • Directions: Head east on 5th Street from Congress Avenue for 5 blocks. The 5 Fifty-Five is located in the same building as the Hilton Austin. Resident access is at the Northeast corner of 5th & Red River. Street parking.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 9801.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 996.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Ceiling-High, Elevator, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • Laundry Location: In Bathroom
  • View: City
  • Flooring: Bamboo, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Cooktop Gas, Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Fire Alarm, Security Lights, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Elevator, No Exterior Steps
  • Roof: Membrane, See Remarks
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: None
  • Pool Features: Heated, Rooftop Pool, See Remarks
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

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: Gas, Insurance, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 635.00

Association/Amenities

  • Management Company: Somerset
  • Association Name: 5 Fifty Five
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Controlled Access, Covered Parking, Fitness Center, Gated, Maintenance On-Site, Pool, Property Manager On-Site, Sidewalks

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: Level, Public Maintained Road
  • Special Assessment: No
  • Parcel Number: 02040420420000
  • 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: Stucco

Tax Info

  • Tax Filled Sqft Total: 996
  • Tax Rate: 2.21400000000000
  • Tax Year: 2018
  • Tax Annual Amount: 9064.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 17, 2019
Sold by
Smith Kirby I and Moore Jan Carlette
Bought by
Michael John and Pizarro Mari Carmen
Seller's Agent
Josh Center
Waterloo Realty, LLC
Buyer's Agent
Thomas Bowen
Grand Land Realty, LLC
List Price
$412,827
Sold Price
$415,000
Premium/Discount to List
$2,173
0.53%
Current Estimated Value
$592,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,226
Avg. Annual Appreciation
5.97%

Purchase Details

Listed on
Jun 3, 2016
Closed on
Oct 6, 2016
Sold by
Defnet David W
Bought by
Smith Kirby L
Seller's Agent
Ryanne Vaughan
Keller Williams Realty
Buyer's Agent
Josh Center
Waterloo Realty, LLC
List Price
$389,000
Sold Price
$381,827
Premium/Discount to List
-$7,173
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%

Purchase Details

Listed on
Apr 20, 2013
Closed on
Jul 10, 2013
Sold by
Davenport Susan
Bought by
Defnet David W
Seller's Agent
Charles Runnels
Compass RE Texas, LLC
Buyer's Agent
Matt Easterling
Kuper Sotheby's Int'l Realty
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
May 23, 2006
Sold by
Bda 555 Ltd
Bought by
Davenport Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
6.5%
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
Warranty Deed -- Heritage Title
Warranty Deed -- Austin Title Co
Warranty Deed -- Heritage Title
Condominium Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 Credit Line Revolving
Previous Owner $272,816 New Conventional
Previous Owner $291,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Rented $2,700 0.0% --
04/19/2020 04/19/20 Price Changed $2,700 -3.6% $3 / Sq Ft
04/04/2020 04/04/20 Price Changed $2,800 -3.4% $3 / Sq Ft
03/20/2020 03/20/20 Price Changed $2,900 -3.3% $3 / Sq Ft
03/08/2020 03/08/20 For Rent $3,000 0.0% --
05/17/2019 05/17/19 Sold -- -- --
04/10/2019 04/10/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $412,827 +6.1% $414 / Sq Ft
10/06/2016 10/06/16 Sold -- -- --
09/26/2016 09/26/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $389,000 0.0% $391 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $389,000 -2.5% $391 / Sq Ft
07/02/2016 07/02/16 For Sale $399,000 0.0% $401 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $399,000 +11.1% $401 / Sq Ft
07/11/2013 07/11/13 Sold -- -- --
06/25/2013 06/25/13 Pending -- -- --
05/24/2013 05/24/13 Price Changed $359,000 -3.8% $360 / Sq Ft
05/10/2013 05/10/13 Price Changed $373,000 -2.6% $374 / Sq Ft
04/21/2013 04/21/13 Price Changed $383,000 -1.5% $385 / Sq Ft
04/20/2013 04/20/13 For Sale $389,000 -- $391 / 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 $11,560 $632,202 $52,220 $579,982
2022 $8,601 $435,521 $52,220 $383,301
2021 $8,701 $399,722 $52,220 $347,502
2020 $8,423 $392,722 $36,554 $356,168
2018 $9,801 $442,682 $22,455 $420,227
2017 $9,130 $409,405 $22,455 $386,950
2016 $8,940 $400,865 $22,455 $378,410
2015 $7,743 $347,268 $22,455 $324,813
2014 $7,743 $325,370 $22,455 $302,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3442445

Unlock MLS (Austin Board of REALTORS®)

APN: 703572