$1,862,000
SOLD FEB 5, 2021
Last list price
3 Beds
3 Baths
2,179 Sq Ft
$1,640/mo HOA Fee

Recently Sold

$855 Per Sq Ft

37 Days on Market

Highlights

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

About This Home

As of February 2021

Stunning 3 bed |3 bath floor plan with light wide-plank European Oak Floors, black kitchen cabinets and Meile appliances. Unmatched views of downtown Austin and Lady Bird Lake. Developed by Sackman Enterprises, Inc. and designed by the notable MarkZeff, 70 Rainey is set in one of Austin's most eclectic neighborhoods. Over 31,000 of indoor + outdoor resort-style amenities, steps from Lake Bird Lake & the Hike & Bike Trail. ONLY 2 E1 FLOOR PLANS REMAIN!

Last Agent to Sell the Property

Lauren Springer

Gottesman Residential R.E. License #0626433 Listed on: 11/29/2020

Last Buyer's Agent

Lara Pavanelli

Compass RE Texas, LLC License #0624778

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,898

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Northwest Facing Home
  • Fenced

HOA Fees

  • $1,640 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking
  • Assigned Parking

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • 2,179 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Aluminum Window Frames
  • Home Theater
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Construction

Outdoor Features

  • In Ground Spa

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 2606
  • Assessor Parcel Number 02030320300000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, landscaping, ground maintenance, security, trash
  • 70 Rainey Association
  • Built by Flintco
  • 70 Rainey Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Community Barbecue Grill
  • Elevator

Recreation

  • Dog Park

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,898

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,640 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator
  • Restrictions: None
  • Year Built: 2019
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: Cesar Chavez to South on Red River. Left on Dav is, Right on Rainey St. 70 Rainey building and garage entrance on Right. Park on levels 1-3. Public elevator on E side of garage to street level. Enter Lobby.
  • Disclosures: None
  • Estimated Taxes: 28787.50
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced, See Remarks
  • Garage Spaces: 2.00
  • Green Energy Efficient: Construction
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2179.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Primary Bedroom on Main, Walk-In Closet(s), Counter-Stone
  • Laundry Location: Laundry Closet
  • View: City, Lake, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Freezer, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Cooktop Gas, Wine Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: New Construction
  • Security Features: None
  • Spa Features: Hot Tub, In Ground
  • Window Features: Aluminum Frames

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Builder Name: Flintco
  • Foundation: See Remarks
  • 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: Assigned, Reserved
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Landscaping, Maintenance Grounds, Security, Trash, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1640.44

Association/Amenities

  • Association Name: 70 Rainey
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Concierge, Controlled Access, Dog Park, Fitness Center, Google Fiber, Media Center/Movie Theatre, Pool, Property Manager On-Site, Sauna, 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: None
  • Parcel Number: 02030320300000
  • Subdivision Name: 70 Rainey

Building Info

  • Construction Materials: Concrete, Glass
  • New Construction: Yes

Tax Info

  • Tax Filled Sqft Total: 2179
  • Tax Lot: 2606
  • Tax Rate: 2.22600000000000
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2020
Closed on
Feb 2, 2021
Sold by
70 Rainey Street Owner Llc
Bought by
Chang Richard and Chang Jo Tung
Seller's Agent
Lauren Springer
Gottesman Residential R.E.
Buyer's Agent
Lara Pavanelli
Compass RE Texas, LLC
List Price
$1,862,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.14%
Original Mortgage
$1,425,000
Outstanding Balance
$1,286,939
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$601,534
Source: Public Records

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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
Vendors Lien -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,425,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $1,900,000 0.0% $872 / Sq Ft
09/21/2022 09/21/22 Rented $13,500 -43.8% --
12/16/2021 12/16/21 For Rent $24,000 +41.2% --
12/10/2021 12/10/21 Rented $17,000 -29.2% --
12/10/2021 12/10/21 Under Contract -- -- --
09/08/2021 09/08/21 For Rent $24,000 -4.0% --
04/16/2021 04/16/21 Rented $25,000 0.0% --
04/16/2021 04/16/21 Under Contract -- -- --
04/03/2021 04/03/21 For Rent $25,000 0.0% --
02/05/2021 02/05/21 Sold -- -- --
11/29/2020 11/29/20 For Sale $1,862,000 -- $855 / 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 $44,898 $2,709,870 $156,203 $2,553,667
2022 $54,579 $2,763,610 $156,203 $2,607,407
2021 $31,143 $1,430,753 $78,102 $1,352,651
2020 $28,693 $1,337,763 $37,489 $1,300,274
2018 $1,211 $54,711 $46,862 $7,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8705398

Unlock MLS (Austin Board of REALTORS®)

APN: 890580