NOT LISTED FOR SALE

Estimated Value: $2,772,072

3 Beds
3 Baths
2,851 Sq Ft
$1,687/mo HOA Fee

Last Sold September 29, 2020

Current estimated payment $20,957/month

251 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • In Ground Spa
  • Mathews Elementary School Rated A
  • Newly Remodeled
  • 5-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of September 2020

Stunning 3 bed | 3 bath + den floor plan with light wide-plank European Oak Floors through out. An entertainer's dream. Developed by Sackman Enterprises, Inc. and designed by the notable Mark Zeff 70 Rainey is set in one of Austin's most eclectic neighborhoods. 164 residences & over 31,000 square feet of indoor + outdoor resort-style amenities, experience the Rainey lifestyle while taking in the serene environment steps from Lady Bird Lake & the Hike & Bike Trail with expansive views of Downtown.

Last Agent to Sell the Property

Lauren Springer

Gottesman Residential R.E. License #0626433 Listed on: 11/06/2019

Last Buyer's Agent

Simon Cawley

Urbanspace License #0583873

Urbanspace

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • End Unit
  • Southwest Facing Home

HOA Fees

  • $1,687 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Reserved Parking

Property Views

Home Design

  • Slab Foundation

Interior Spaces

  • 2,851 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Multiple Living Areas
  • Smart Thermostat

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Pool

  • In Ground Spa
  • Heated Above Ground Pool

Schools

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

Utilities

  • Evaporated cooling system
  • Heating Available

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 2801
  • Assessor Parcel Number 02030320390000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, landscaping, maintenance structure
  • 70 Rainey Association
  • Visit Association Website
  • High-Rise Condominium
  • Built by Flint Co
  • Rainey Street Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Concierge
  • Community Barbecue Grill
  • Elevator

Recreation

  • Dog Park

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,556

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$1,687 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Single level Floor Plan, Elevator, End Unit, Tower (14+ Stories)
  • Building Area Total: 2851.00
  • Restrictions: None
  • Year Built: 2018
  • Direction Faces: SW
  • Directions: Driving East on Cesar Chavez, Turn right on Red River Street, Turn Left on Driskill, Turn Right on Rainey Street. 70 Rainey building and garage entrance on the Right. Park on levels 1-3.
  • Disclosures: See Remarks
  • Estimated Taxes: 10266.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Levels: One
  • Living Area: 2851.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Ceiling-High, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Recessed Lighting
  • Laundry Location: In Hall, In Unit, Laundry Room
  • View: City, Lake, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 2
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Cooktop Gas, Refrigerator, Wine Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: New Construction
  • Security Features: Security Guard
  • Spa Features: Hot Tub, In Ground

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Elevator
  • Roof: See Remarks
  • Builder Name: Flint Co
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Above Ground, Heated
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Gated, Reserved

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, Gas, Insurance, Landscaping, Maintenance Structure
  • Association Fee Frequency: Monthly
  • Association Fee: 1687.00
  • Community Web Site: www.70rainey.com

Association/Amenities

  • Association Name: 70 Rainey
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Concierge, Controlled Access, Dog Park, Fitness Center, Maintenance On-Site, Nest Thermostat, Pool

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: See Remarks
  • Parcel Number: 02030320390000
  • Subdivision Name: Rainey Street

Rental Info

  • Furnished: Unfurnished

Building Info

  • New Construction: Yes

Tax Info

  • Tax Filled Sqft Total: 2851
  • Tax Lot: 2801
  • Tax Rate: 2.19652000000000
  • Tax Year: 2019
  • Tax Annual Amount: 1556.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Sherry-Anne Coleman
Bought by
Coleman Adam Leonard
Current Estimated Value
$2,772,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,999,999
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2022
Sold by
Coleman and Sherry-Anne
Bought by
Dolce Vita Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,999,999
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2019
Closed on
Sep 28, 2020
Sold by
70 Rainey Street Owner Llc
Bought by
Coleman Adam and Coleman Sherry Anne
Seller's Agent
Lauren Springer
Gottesman Residential R.E.
Buyer's Agent
Simon Cawley
Urbanspace
List Price
$2,265,000
Sold Price
$2,000,000
Premium/Discount to List
-$265,000
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,500,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
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
Coleman Adam Leonard -- None Listed On Document
Dolce Vita Trust -- Heritage Title
Coleman Adam -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolce Vita Trust $2,999,999
Previous Owner Coleman Adam $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold -- -- --
07/14/2020 07/14/20 Pending -- -- --
04/03/2020 04/03/20 Price Changed $2,200,000 -3.7% $772 / Sq Ft
12/30/2019 12/30/19 Price Changed $2,285,000 +0.9% $801 / Sq Ft
11/06/2019 11/06/19 For Sale $2,265,000 -- $794 / 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 $46,643 $3,611,999 $201,090 $3,410,909
2022 $71,839 $3,637,548 $201,090 $3,436,458
2021 $43,534 $2,000,000 $100,545 $1,899,455
2020 $38,180 $1,780,068 $48,262 $1,731,806
2019 $8,213 $373,887 $48,262 $325,625
2018 $1,568 $70,833 $60,327 $10,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1253974

Unlock MLS (Austin Board of REALTORS®)

APN: 890589