NOT LISTED FOR SALE

Estimated Value: $562,504 - $670,000

1 Bed
1 Bath
663 Sq Ft
$393/mo HOA Fee

Last Sold August 17, 2020

Current estimated payment $4,816/month

26 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Infinity Pool
  • Mathews Elementary School Rated A
  • Home Theater
  • 5-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of August 2020

Currently the lowest priced unit in 70 Rainey, this sought after 1 BED features floor to ceiling windows throughout and includes an additional wrap of glass and exposed column on the SE corner, allowing for even more natural light to flood this residence. Featuring Miele appliances (gas cooktop) and a built-in refrigerator and dishwasher, the kitchen is seamless. A private, inset balcony provides the perfect spot for coffee at sunrise. Sprinkler Sys:Yes

Last Agent to Sell the Property

Lisa Matulis

Compass RE Texas, LLC License #0671683 Listed on: 05/21/2020

Compass RE Texas, LLC

Co-Listed By

Jennifer Ladner

Compass RE Texas, LLC License #0632184

Last Buyer's Agent

Diego Corzo

Realty of America, LLC License #0640043

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,037

Year Built

  • Built in 2019

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Reserved Parking

Property Views

  • Panoramic

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Membrane Roofing
  • Flat Tile Roof

Interior Spaces

  • 663 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • High Ceiling
  • Recessed Lighting
  • Home Theater
  • Prewired Security

Kitchen

  • 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

Pool

  • Infinity Pool
  • Cabana
  • Spa

Outdoor Features

Schools

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

Utilities

  • Evaporated cooling system
  • Heating Available
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02030319430000

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure, sewer, trash
  • 70 Rainey Association
  • Built by Flintco
  • 70 Rainey Subdivision

Amenities

  • Concierge
  • Community Kitchen

Recreation

  • Dog Park

Pet Policy

  • Pet Amenities

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,037

Year Built

Built in 2019

Lot Details

0

HOA Fees

$393 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Building Area Total: 663
  • Year Built: 2019
  • Direction Faces: East
  • Directions: From Cesar Chavez headed East turn right on Red River, take left on Davis Street, Right on Rainey.
  • Disclosures: Other Disclosures
  • Fencing: None
  • Garage Spaces: 1
  • Levels: One
  • Living Area: 663
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT700459
  • Co List Office Phone: (512) 575-3644
  • Estimated Taxes: 11819.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: Tower (14+ Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Wired for Sound
  • View: Lake, Panoramic, River, See Remarks
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Excellent
  • Security Features: Prewired
  • Spa Features: None
  • ResoLivingAreaSource: Builder
  • Laundry Location: In Bathroom
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, See Remarks
  • Roof: Flat Tile, Membrane
  • Builder Name: Flintco
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: None
  • Pool Features: Cabana, In Ground, Infinity
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected
  • Heating: Electric
  • Water Source: Public
  • Cooling: Evaporative Cooling

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 393
  • Community Web Site: www.70rainey.com

Association/Amenities

  • Association Name: 70 Rainey
  • Association: Yes
  • Community Features: Clubhouse, Concierge, Dog Park, Fitness Center, Hot Tub, Kitchen Facilities, Media Center/Movie Theatre, Pet Amenities, Sauna

Schools

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

Lot Info

  • Lot Features: Alley, See Remarks
  • Parcel Number: 02030319430000
  • Subdivision Name: 70 Rainey
  • Crops: None

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Rate: 2.23000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 17, 2020
Sold by
Collins Zachary and Dugal Brandi
Bought by
Lawver David
Seller's Agent
Lisa Matulis
Compass RE Texas, LLC
Buyer's Agent
Diego Corzo
Realty of America, LLC
List Price
$530,000
Sold Price
$535,000
Premium/Discount to List
$5,000
0.94%
Current Estimated Value
$616,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,252
Avg. Annual Appreciation
2.96%
Original Mortgage
$508,250
Outstanding Balance
$456,895
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$159,358

Purchase Details

Closed on
Apr 5, 2019
Sold by
70 Rainey Street Owners Llc
Bought by
Collins Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Lawver David -- Heritage Title
Collins Zachary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawver David $508,250
Previous Owner Collins Zachary $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold -- -- --
06/16/2020 06/16/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $530,000 -- $799 / 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 $12,037 $665,310 $46,838 $618,472
2022 $9,884 $500,498 $46,838 $453,660
2021 $11,153 $512,389 $23,420 $488,969
2020 $8,856 $412,901 $11,242 $401,659
2019 $2,222 $101,144 $11,242 $89,902
2018 $389 $17,577 $14,052 $3,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8296274

Unlock MLS (Austin Board of REALTORS®)

APN: 890493