$1,600,000
SOLD APR 30, 2021
Last list price
2 Beds
2 Baths
1,321 Sq Ft
$979/mo HOA Fee

Recently Sold

$1,211 Per Sq Ft

11 Days on Market

Highlights

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

About This Home

As of April 2021

Coveted C2 floor plan on the 27th floor, at one of the Most Popular Downtown Luxury hi-rises, 70 Rainey! Unit 2702 exceptionally delivers and does not disappoint with its direct western exposure. Every room boasts 10 floor-to-ceiling direct views of glistening Lady Bird Lake. Infinite sunsets and mesmerizing city lights from a front-row seat on your 26 x 7 terrace. Miele appliances, laundry room, 2 pantries (one walk-in), quartz countertops, marble showers, 2 bedrooms with ensuites and walk-in closets, and an additional closet, are only the beginning. The owner spared no expense in the additional features: custom closet in the primary bedroom, Hunter Douglas motorized shades, floor-to-ceiling tile work in both baths, rounded marble shelves in shower, custom floating entertainment cabinet with LED shadow, custom cabinets with quartz countertop, and modern barn door in laundry room, Miele wine fridge, abundant additional lighting and dimmers throughout. This outstanding unit also includes 2 parking garage spaces. (Unit 2702 was just featured in the Mineheart UK, MIDAS 2020 interior design awards.) All interior and exterior furnishings are negotiable. The 70 Rainey building features 24hr concierge service, over 31,000 sq ft of amenities including zero-edge pool, hot tub, gym, saunas, yoga deck, gardens, cabanas, theater, outdoor pool table, outdoor grilling kitchen, fire pits, expansive 10th floor lobby, dog park and washing station, bike storage, parking garage, available storage units, Tipsy Alchemist bar, and a new restaurant underway!

Last Agent to Sell the Property

Anita Prescott

Compass RE Texas, LLC License #0741185 Listed on: 03/11/2021

Compass RE Texas, LLC

Last Buyer's Agent

Alaina Martin

Moreland Properties License #0683322

Moreland Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,944

Year Built

  • Built in 2018

HOA Fees

  • $979 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Home Theater
  • Panoramic Views
  • Laundry closet

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Security Lights
  • Smart Thermostat

Outdoor Features

  • Spa
  • Covered patio or porch

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Northwest Facing Home

Listing and Financial Details

  • Tax Lot 2702
  • Assessor Parcel Number 02030320330000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, landscaping, ground maintenance, maintenance structure, parking, pest control, trash
  • 70 Rainey821 Association
  • Visit Association Website
  • High-Rise Condominium
  • 70 Rainey Residence Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Community Barbecue Grill
  • Elevator
  • Community Mailbox

Recreation

  • Dog Park
  • Trails

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,944

Year Built

Built in 2018

Lot Details

0

HOA Fees

$979 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories), Single level Floor Plan, Elevator
  • Restrictions: City Restrictions, Covenant
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: I-35 South of DT, Exit Cesar Chavez, stay on I-35 Frontage RD, Right on River ST, Right on Rainey ST, 70 Rainey ST in on the left
  • Disclosures: Other Disclosures, Seller Disclosure
  • Estimated Taxes: 16158.00
  • 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: Yes
  • Levels: One
  • Living Area: 1321.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Counter-Quartz, Double Vanity, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: Panoramic
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Cooktop Gas, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater-Gas
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s)
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 978.71
  • Community Web Site: https://70rainey.com/

Association/Amenities

  • Association Name: 70 Rainey821
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Concierge, Dog Park, Fitness Center, Google Fiber, High Speed Internet, Maintenance On-Site, Media Center/Movie Theatre, Nest Thermostat, Pool, Spa/Hot Tub, Walk/Bike/Hike/Jog Trail(s

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: 02030320330000
  • Subdivision Name: 70 Rainey Residence

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1321
  • Tax Lot: 2702
  • Tax Rate: 2.14486000000000
  • Tax Year: 2020
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Ashim Chao Living Trust and Ashim Yana
Bought by
Ashim Yana and Chao Jonathan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$79,731
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,308,549

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 30, 2021
Sold by
Peters Timothy Edward and Williams Lori Lynn
Bought by
Ashim Yana and Chao Jonathan
Seller's Agent
Anita Prescott
Compass RE Texas, LLC
Buyer's Agent
Alaina Martin
Moreland Properties
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.63%
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
Warranty Deed -- None Listed On Document
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Credit Line Revolving
Previous Owner $948,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $1,595,000 -0.3% $1,207 / Sq Ft
04/30/2021 04/30/21 Sold -- -- --
03/22/2021 03/22/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,600,000 -- $1,211 / 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 $27,944 $1,544,505 $93,188 $1,451,317
2022 $20,898 $1,058,163 $93,188 $964,975
2021 $25,907 $1,190,200 $46,595 $1,143,605
2020 $16,158 $753,338 $22,366 $730,972
2018 $736 $33,229 $27,957 $5,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8119570

Unlock MLS (Austin Board of REALTORS®)

APN: 890583