NOT LISTED FOR SALE

Estimated Value: $614,000 - $778,000

2 Beds
2 Baths
1,235 Sq Ft
$721/ mo HOA Fee

Last Sold May 12, 2021

Current estimated payment $5,016/month

2 Days on Market

Highlights

  • Fitness Center
  • Panoramic View
  • High Ceiling
  • Mathews Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Wooldridge Park

About This Home

As of May 2021

Luxury historic top floor penthouse level corner unit.  High-end finishes and desirable features throughout. Soaring exposed concrete ceilings, concrete floors, and plentiful huge operable windows that flood the space with abundant natural light and breeze! ENJOY CITY VIEWS & HUGE TAX SAVINGS-- Almost 70% off when combined with homestead, or 35% without. Stunning city views! History, character, and uniqueness all in spot. Bright & chic. The stylish kitchen features upgrades such as stainless steel appliances, a breakfast bar, sleek soapstone countertops, gorgeous concrete floors, and designer lighting, just to name a few. Large jacuzzi tub and walk in shower. Two large walk in closets. In unit laundry. Murphy beds and organizers can stay or go. Barn door between bedrooms can be restored to full wall if desired. One garage parking space included, additional spaces may be leased. HOA covers water, hot water, and trash. Google Fiber available! Community fitness center and rooftop patio to take in the panoramic city views. LOVE YOUR PENTHOUSE LIFE DOWNTOWN & SAVE MONEY ON TAXES TOO! **RE CONTRACT PARAGRAPH 12.A.3: Transfer fee $350. 2 Months HOA reserve fee, so approx $1,792 total in transfer expenses**

Last Agent to Sell the Property

Lily Clason

Compass RE Texas, LLC License #0598908 Listed on: 04/26/2021

Compass RE Texas, LLC

Last Buyer's Agent

Kevin Russell

Compass RE Texas, LLC License #0715738

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,166

Year Built

  • Built in 1940

Lot Details

  • East Facing Home

HOA Fees

  • $721 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking

Property Views

  • Panoramic
  • City

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Synthetic Roof

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • Concrete Flooring
  • Smart Thermostat

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot H
  • Assessor Parcel Number 02060121730000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, hot water, parking, trash, water
  • Brown Building Loft Condo HOA
  • High-Rise Condominium
  • Brown Bldg Lofts Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Elevator

Recreation

  • Fitness Center

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,166

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

HOA Fees

$721 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Elevator
  • Restrictions: City Restrictions, Covenant, Deed Restrictions
  • Year Built: 1940
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: From W Cedar Chavez St., Turn Left onto Lavaca St., Turn Right onto W 7th St., Turn Left onto Colorado St., The Brown Building is on the corner of 8th and Colorado St.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 8166.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1235.00
  • Other Contingency Types: Inspection
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Counter-Stone, Crown Molding, Electric Dryer Hookup, High Speed Internet, His and Hers Closets, Kitchen Island, Murphy Bed, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Hall, In Unit
  • View: City, Panoramic
  • Flooring: Concrete
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Free-Standing Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Key Card Entry
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: None
  • Roof: Synthetic
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Garage, Reserved
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet-Fiber, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Hot Water, Parking, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 720.79

Association/Amenities

  • Association Name: Brown Building Loft Condo HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Fitness Center, Underground Utilities

Schools

  • School District: Austin ISD
  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: None
  • Parcel Number: 02060121730000
  • Lot Size Acres: 0.0040
  • Lot Size Sq Ft: 174.24
  • Subdivision Name: Brown Bldg Lofts Condo Amd

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1235
  • Tax Lot: H
  • Tax Rate: 2.22667000000000
  • Tax Year: 2020
  • Tax Annual Amount: 8166.00
  • Tax Exemptions: Historical

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2019
Sold by
Klinect James Ray and Klinect Stephanie Leigh
Bought by
Klinect James Ray
Current Estimated Value
$676,698

Purchase Details

Closed on
Oct 31, 2013
Sold by
Klinect James R and Klinect Stephanie L
Bought by
Klinect Trust

Purchase Details

Closed on
May 6, 2013
Sold by
Brown Chris L
Bought by
Klinect James R and Klinect Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$245,892
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$430,806

Purchase Details

Closed on
Aug 3, 2004
Sold by
Lbj Brown Building Lp
Bought by
Brown Chris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Klinect James Ray -- None Available
Klinect Trust -- None Available
Klinect James R -- Independence Title Co
Brown Chris L -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klinect James R $345,000
Previous Owner Brown Chris L $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold -- -- --
04/28/2021 04/28/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $699,000 -- $566 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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
2025 $9,284 $700,733 $35,364 $665,369
2023 $9,514 $804,297 $35,364 $768,933
2022 $13,329 $674,890 $35,364 $639,526
2021 $12,746 $585,590 $35,364 $550,226
2020 $11,940 $556,700 $35,364 $521,336
2018 $10,162 $459,000 $35,364 $423,636
2017 $10,638 $477,000 $35,364 $441,636
2016 $10,640 $477,116 $35,364 $441,752
2015 $6,093 $442,225 $34,445 $407,780
2014 $6,093 $430,705 $34,445 $396,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5184674

Unlock MLS (Austin Board of REALTORS®)

APN: 499395

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