$1,995,000
SOLD MAY 18, 2020
Last list price
3 Beds
3 Baths
4,051 Sq Ft
$2,645/mo HOA Fee

Recently Sold

$492 Per Sq Ft

86 Days on Market

Highlights

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

About This Home

As of August 2023

Rare exclusive downtown residence with incredible views from every room. Wrapping the entire North, South, and Western span, this home offers extreme privacy with no immediate neighbors. An unheard of 2,000SF terrace lies beyond the open living areas. The entertaining possibilities are truly endless. Elegant finishes and a well-appointed floor plan with 3 bedrooms, 3 full baths, 2 expansive living areas and a large dining area situated in between. 2 premier parking spaces plus storage unit.Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

John Greenwood

Greenwood Residential License #0425644 Listed on: 02/03/2020

Co-Listed By

Jessica Philpot

Compass RE Texas, LLC. License #0554596

Last Buyer's Agent

Monica Fabbio

Christie's Int'l Real Estate License #0504855

Christie's Int'l Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,638

Year Built

  • Built in 2004

HOA Fees

  • $2,645 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic
  • Hills

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 4,051 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Entrance Foyer
  • Multiple Living Areas
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Laundry on main level

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02040420500000

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure
  • 5Fiftyfive Condos Association
  • High-Rise Condominium
  • Five Fifty Five Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Room Service
  • Elevator
  • Community Mailbox

Recreation

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,638

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,645 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Building Area Total: 4051.00
  • Restrictions: Deed Restrictions
  • Year Built: 2004
  • Directions: 5FiftyFive located at the corner of 5th Street and Red River.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 27000.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 4051.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Entrance Foyer, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Wired for Sound
  • Laundry Location: In Hall, In Unit, Main Level
  • View: City, Hill Country, Panoramic
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 2
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Cooktop Gas, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater-Electric
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Security System Owned
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms: 3
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Attached, Reserved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 2645.00

Association/Amenities

  • Association Name: 5FiftyFive Condos
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Controlled Access, Fitness Center, Garage Parking, Pool, Room Service, Spa/Hot Tub

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: Corner Lot, See Remarks
  • Special Assessment: No
  • Parcel Number: 02040420500000
  • Subdivision Name: FIVE FIFTY FIVE

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2019
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Aug 6, 2023
Sold by
Taylor Michelle
Bought by
Kinsel Kyle Walter
Seller's Agent
Monica Fabbio
Christie's Int'l Real Estate
Buyer's Agent
Andrew Stanek
Compass RE Texas, LLC
List Price
$3,795,000
Sold Price
$3,000,000
Premium/Discount to List
-$795,000
-20.95%
Views
35
Current Estimated Value
$2,944,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,200
Avg. Annual Appreciation
-0.96%

Purchase Details

Listed on
Feb 3, 2020
Closed on
May 15, 2020
Sold by
Bachman Brett Louis and Challener Elisbeth Jane
Bought by
Taylor Michelle
Seller's Agent
John Greenwood
Greenwood Residential
Buyer's Agent
Monica Fabbio
Christie's Int'l Real Estate
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Dec 15, 2014
Sold by
Bachman Brett and Challener Elisbeth J
Bought by
Bachman Challener Trust
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 -- Independence Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,183,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold -- -- --
07/07/2023 07/07/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $3,250,000 -14.4% $802 / Sq Ft
04/19/2023 04/19/23 For Sale $3,795,000 +90.2% $937 / Sq Ft
05/18/2020 05/18/20 Sold -- -- --
04/29/2020 04/29/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $1,995,000 -- $492 / 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 $36,638 $2,289,166 $0 $0
2022 $41,099 $2,081,060 $0 $0
2021 $41,180 $1,891,873 $212,380 $1,679,493
2020 $29,293 $1,365,730 $148,666 $1,217,064
2018 $37,124 $1,676,791 $91,323 $1,585,468
2017 $34,706 $1,556,244 $91,323 $1,464,921
2016 $32,472 $1,456,071 $91,323 $1,432,557
2015 $27,882 $1,323,701 $91,323 $1,232,378
2014 $27,882 $1,240,562 $91,323 $1,149,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4239786

Unlock MLS (Austin Board of REALTORS®)

APN: 703580