$3,450,000
SOLD JAN 6, 2022
Last list price
3 Beds
3 Baths
2,179 Sq Ft
$1,600/mo HOA Fee

Recently Sold

$1,583 Per Sq Ft

14 Days on Market

Highlights

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

About This Home

As of September 2022

70 Rainey is the best Austin has to offer...Downtown living with modern conveniences and nature at your doorstep. Live a walkable life with unfettered accessibility in a setting that always feels relaxed, and entirely like home.

Curated by a crisp white and gold palette. This North West corner residence features unparalleled water & city views from every room. 3 primary bedrooms 3 luxurious washrooms perfectly finished with a combination of natural stone and marble accents. Incredible walk-in wardrobe completely fitted for maximum storage. Each room is controlled with electric controlled shades to manage the abundant natural light. 2 perpendicular parking spaces allowing easy access and close proximity to the residential elevators.

70 Rainey’s 21,000 square-foot amenity deck will inspire and surprise. Including a 72-ft infinity pool overlooking downtown's most premiere cityscape. Outdoor kitchen & fire-pits with Sonos controlled media for ultimate entertainment. Lavishly planted native trees and garden alcoves will be your place to relax, unwind, and recharge. Private dog park and luxury wash spa for your furry friend.
Designed by the internationally renowned landscape architect: Design Workshop

Last Agent to Sell the Property

Ross Melby

Compass RE Texas, LLC License #0741764 Listed on: 11/29/2021

Compass RE Texas, LLC

Last Buyer's Agent

Patty Sanguily

Capital Downtown REALTORS License #0493681

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,028

Year Built

  • Built in 2018

Lot Details

  • Waterfront
  • West Facing Home

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic

Interior Spaces

  • 2,179 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Home Theater
  • Wood Flooring
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

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

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, parking, sewer, trash, water
  • 70 Rainey Association
  • High-Rise Condominium
  • 70 Rainey Residences Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Community Barbecue Grill
  • Game Room
  • Lounge
  • Community Mailbox
  • Bike Room
  • Elevator

Recreation

  • Community Spa
  • Dog Park

Pet Policy

  • Pet Amenities

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,028

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Tower (14+ Stories), Elevator
  • Restrictions: City Restrictions
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: south from I-35, right on River st, right on Rainey, building on the left
  • Disclosures: None
  • Estimated Taxes: 39823.00
  • 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: 2179.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Elevator, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Hall, In Unit
  • View: City, City Lights, Downtown, Panoramic, River, Skyline
  • Flooring: Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Cooktop Gas, Gas Range, Microwave, Refrigerator, Wine Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned
  • 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: Common Area Maintenance, Landscaping, Maintenance Grounds, Parking, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1600.00

Association/Amenities

  • Association Name: 70 Rainey
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Concierge, Controlled Access, Covered Parking, Dog Park, Fitness Center, Game Room, Garage Parking, High Speed Internet, Hot Tub Community, Lounge, Media Center/Movie Theatre, Pet Amenities, Pool, Property Manager On-Site, Sauna

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
  • Parcel Number: 02030320580000
  • 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: 2.22670000000000
  • Tax Year: 2021
  • 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
Views
9
Current Estimated Value
$2,556,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.40%

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

Range of Values:

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Average Value
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List Price
Sold Price
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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 -- Heritage Title
Vendors Lien -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $1,499,900 New Conventional
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: 8120290

Unlock MLS (Austin Board of REALTORS®)

APN: 890608