NOT LISTED FOR SALE

Estimated Value: $2,517,000 - $2,521,720

3 Beds
3 Baths
2,179 Sq Ft
$1,836/mo HOA Fee

Last Sold September 23, 2022

Current estimated payment $19,903/month

176 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Cabana
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • 5-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of September 2022

70 Rainey is Downtown Austin living at it's finest. Luxury living with modern conveniences of the city and just steps to Lady Bird Lake. This spacious condo features city & lake views from every room. Enjoy a leisure lifestyle with simple accessibility in a relaxed and cultivated atmosphere. Located on the North West corner, this condo features floor to ceiling windows which provides breathtaking sunsets, lake & city views and includes automatic shades. There is plenty of room to gathering friends and family in this open concept living, dining and kitchen space. This 3 bedroom beauty also features 3 marble bathrooms, soaking tub, walk-in primary closet dressing room & soft oak wood floors throughout. This unit comes with 2 assigned parking spaces conveniently located close to the resident elevators. This space is truly a home of sophistication, convenience and quality! 70 Rainey Amenities include 24 hour concierge, infinity pool, cabanas, media room & fitness center with Peloton bikes. Come see all that 70 Rainey provides!

Last Agent to Sell the Property

Connie Chen

Keller Williams Realty License #0727521 Listed on: 03/25/2022

Keller Williams Realty

Co-Listed By

Jay Jay Tolentino

Keller Williams Realty License #0530396

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,929

Year Built

  • Built in 2018

Lot Details

  • West Facing Home
  • Dog Run

HOA Fees

  • $1,836 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Alley Access
  • Guest Parking
  • Assigned Parking

Property Views

  • Panoramic
  • Bridge

Interior Spaces

  • 2,179 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Blinds
  • Solar Screens
  • Wood Flooring
  • Smart Thermostat

Kitchen

  • Built-In Oven
  • Built-In Gas Range
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center
  • Energy-Efficient Exposure or Shade

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3006
  • Assessor Parcel Number 02030320580000
  • 2% Total Tax Rate

Community Details

Overview

  • 70 Rainey Association
  • High-Rise Condominium
  • 70 Rainey Residences Subdivision
  • Lock-and-Leave Community
  • Mandatory home owners association

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Community Kitchen
  • Lounge

Recreation

Pet Policy

  • Pet Amenities

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,929

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,836 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry, Tower (14+ Stories)
  • Restrictions: None
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: On NB 35, cross over the river, exit Holly St. Take a left onto River St. Right onto Rainey St. Building will be on your left. From SB 35, exit Cesar Chavez. Follow service road to second stop light. Take right onto River St. Right onto Rainey St. Building will be on your left.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 38929.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: Exposure/Shade
  • Green Sustainability: Onsite Recycling Center
  • Guest Accommodation Description: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2179.00
  • Other Structures: Kennel/Dog Run, See Remarks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Counter-Granite, Primary Bedroom on Main, See Remarks
  • Laundry Location: In Unit
  • View: Bridge(s), City Lights, Downtown, Lake, Panoramic, Skyline
  • Flooring: Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: See Remarks
  • Appliances: Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Washer/Dryer Stacked, Wine Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Fire Alarm, Fire Sprinkler System, Firewall(s), Key Card Entry
  • Window Features: Blinds, Solar Screens

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Dog Run, Outdoor Grill, Restricted Access
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: Covered, Glass Enclosed
  • Pool Features: Cabana, In Ground, Outdoor Pool, See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Alley Access, Assigned, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1836.00

Association/Amenities

  • Association Name: 70 Rainey
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Concierge, Fitness Center, Kitchen Facilities, Lock and Leave, Lounge, Nest Thermostat, Pet Amenities, Pool, Sauna, Spa/Hot Tub, Sundeck

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: Corner Lot, Views
  • Parcel Number: 02030320580000
  • Lot Size Acres: 0.0009
  • Lot Size Sq Ft: 39.20
  • Subdivision Name: 70 Rainey Residences

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 2179
  • Tax Lot: 3006
  • Tax Rate: 2.17668000000000
  • Tax Year: 2021
  • Tax Annual Amount: 38929.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Sep 23, 2022
Sold by
Winton Deming Jr John
Bought by
Ralston Shannon
Seller's Agent
Connie Chen
Keller Williams Realty
Buyer's Agent
Non Member
Non Member
List Price
$3,495,000
Sold Price
$2,700,000
Premium/Discount to List
-$795,000
-22.75%
Views
9
Current Estimated Value
$2,519,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180,640
Avg. Annual Appreciation
-2.50%

Purchase Details

Closed on
Jul 29, 2019
Sold by
70 Rainey Street Owner Llc
Bought by
Mehra Vijay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Interest Rate
5.99%
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
Ralston Shannon -- Heritage Title
Mehra Vijay -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehra Vijay $1,500,000
Previous Owner Mehra Vijay $1,499,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold -- -- --
09/17/2022 09/17/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $2,700,000 -12.9% $1,239 / Sq Ft
06/24/2022 06/24/22 Price Changed $3,100,000 -4.6% $1,423 / Sq Ft
06/13/2022 06/13/22 Price Changed $3,249,989 0.0% $1,492 / Sq Ft
04/25/2022 04/25/22 Price Changed $3,249,990 -7.0% $1,492 / Sq Ft
03/25/2022 03/25/22 For Sale $3,495,000 +1.3% $1,604 / Sq Ft
01/06/2022 01/06/22 Sold -- -- --
12/13/2021 12/13/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $3,450,000 -- $1,583 / 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 $49,028 $2,709,870 $156,203 $2,553,667
2022 $54,579 $2,763,610 $156,203 $2,607,407
2021 $38,929 $1,788,441 $78,102 $1,710,339
2020 $35,867 $1,672,204 $46,862 $1,625,342
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: 8211144

Unlock MLS (Austin Board of REALTORS®)

APN: 890608