NOT LISTED FOR SALE

Estimated Value: $564,474 - $744,000

2 Beds
2 Baths
1,095 Sq Ft
2004 Built

Sale Details

Date Sold: May 24, 2021

Current estimated payment $4,792 / mo

39 Days on Market

Highlights

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

About This Home

As of May 2021

Pamper yourself in this stylish 2/2 condo in the heart of Downtown Austin. Open kitchen-dining-living areas, floor to ceiling windows, abundant light, cherry hardwoods, and 2 balconies - from primary bedroom and kitchen-dining-living areas. Original owner; unit never leased. Special features include 2 side-by-side reserved parking in gated garage and 2 storage units- one on 9th floor and one in garage. Option for reduced membership fees to Skyline Spa and Health Club with pool, sauna and fitness center. Next door to the Austin Convention Center and Downtown Metrorail station. Across I35 from Plaza Satillo District, Whole Foods/Target. Close to Dell Medical Center, Ladybird Lake, Butler Hike and Big Trail, abundant downtown eateries and entertainment.

Last Agent to Sell the Property

Rebecca Sheller

Rebecca Sheller, Broker License #0659420 Listed on: 03/30/2021

Last Buyer's Agent

Nathan Gogo

Compass RE Texas, LLC. License #0743692

Compass RE Texas, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,078

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Secured Garage or Parking
  • Reserved Parking

Home Design

  • Combination Foundation
  • Concrete Siding

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Solar Screens
  • Storage

Kitchen

  • Built-In Gas Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Washer and Dryer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • High Speed Internet

Additional Features

  • City Lot

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 927
  • Assessor Parcel Number 02040420560000
  • 2% Total Tax Rate

Community Details

Overview

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

Recreation

Additional Features

  • Concierge
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,078

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$733 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories), End Unit
  • Restrictions: Deed Restrictions
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Downtown Austin at 5th and Red River (at the Austin Hilton). Entrance to The Five Fifty Five Condominiums on 5th St.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 9352.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: No
  • Levels: One
  • Living Area: 1095.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-High, Counter-Granite, Electric Dryer Hookup, Murphy Bed, Primary Bedroom on Main, Recessed Lighting, Storage, Track Lighting, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Unit, Laundry Closet
  • View: City
  • Flooring: Carpet, Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security
  • Window Features: Solar Screens

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Combination
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage, Reserved, Secured, Side By Side
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 733.00
  • Community Web Site: https://www.the5fiftyfive.com

Association/Amenities

  • Management Company: Somerset Association Mangagement
  • Association Name: 5 Fifty Five Condominium Association
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Fitness Center, Pool

Schools

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

Lot Info

  • Lot Features: City Lot
  • Parcel Number: 02040420560000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1095
  • Tax Lot: 927
  • Tax Rate: 2.22667000000000
  • Tax Year: 2020
  • Tax Annual Amount: 9078.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 24, 2021
Sold by
Godell Chris M
Bought by
Hlousek Benjamin A
Seller's Agent
Rebecca Sheller
Rebecca Sheller, Broker
Buyer's Agent
Nathan Gogo
Compass RE Texas, LLC.
List Price
$525,000
Current Estimated Value
$643,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bda 555 Ltd
Bought by
Goddell Chris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Hlousek Benjamin A -- Capital Title Of Texas
Goddell Chris M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goddell Chris M $356,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold -- -- --
05/08/2021 05/08/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $525,000 0.0% $479 / Sq Ft
03/30/2021 03/30/21 Off Market -- -- --
03/30/2021 03/30/21 For Sale $525,000 -- $479 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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
2025 $8,044 $507,068 $57,400 $449,668
2023 $8,445 $475,916 -- --
2022 $9,368 $474,336 $57,400 $416,936
2021 $9,264 $425,600 $57,400 $368,200
2020 $9,008 $420,000 $40,180 $379,820
2018 $9,808 $443,000 $24,682 $418,318
2017 $9,367 $420,000 $24,682 $395,318
2016 $9,188 $412,000 $24,682 $387,318
2015 $7,761 $330,000 $24,682 $305,318
2014 $7,761 $326,141 $24,682 $301,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3576059

Unlock MLS (Austin Board of REALTORS®)

APN: 703586

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