$525,000
Last list price
SOLD NOV 17, 2022 RENTED SEP 27, 2024
1 Bed
1 Bath
849 Sq Ft
$643/mo HOA Fee

Recently Sold

$618 Per Sq Ft

67 Days on Market

Highlights

  • Fitness Center
  • Rooftop Deck
  • Open Floorplan
  • Mathews Elementary School Rated A
  • Downtown View
  • 5-minute walk to Wooldridge Park

About This Home

As of November 2022

Industrial downtown loft with a NYC vibe in the historic Brown Building located in the heart of DT Austin! Take advantage of the building’s historical tax exemptions – taxes are ONLY $2,386/year! This one of a kind unit is immersed in original charm from the 10.5 ft. ceilings with exposed beams and concrete pillars, to the rare, polished terrazzo’s floors, and large operable casement windows hosting original steel latches. This historic 1940's building is sure to impress, pairing 1940s décor with a modern touch. The marbled art deco-designed lobby has retained its historic elements through its modernization. As you enter the unit you will be drawn in by a red wall with sexy lighting, leading to a long, black hallway ideal for showcasing art. The sleek kitchen design boasts new hot red Italian Smeg kitchen appliances that tie in with the red entry and retro backsplash that enhances the space. The desirable open, bright layout is enveloped in large windows, bathing all areas in natural light. A full dividing wall separates the living quarters from the bedroom, and the bathroom features mosaic tile detail in the shower/tub combo. Smart features include a fully keyless smart door lock and thermostat.
The Brown Building offers original character accompanied by modern amenities in a prime location. A rooftop sundeck houses seating and panoramic views of DT, Central Austin and The Capital. Other amenities include a fitness center and covered garage parking. Nestled in a quiet, private downtown area, while maintaining a short walk to all the action such as 6th St, Congress Ave, hip restaurants/hotels, and The Capital! Come explore this Austin landmark and schedule a showing today! Furniture is negotiable and the HOA fee covers most utilities. The building has Google internet Gigabit at $65/month.

Last Agent to Sell the Property

Kimberly Fodor

Compass RE Texas, LLC. License #0621125 Listed on: 08/12/2022

Compass RE Texas, LLC.

Last Buyer's Agent

Nicole Pancardo

Redfin Corporation License #0693317

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1940

HOA Fees

  • $643 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 849 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Woodwork
  • High Ceiling
  • Terrazzo Flooring
  • Downtown Views
  • Laundry in unit

Kitchen

  • Free-Standing Electric Oven
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Schools

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

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot A
  • Assessor Parcel Number 499326
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include hot water, internet, sewer, trash, water
  • Brown Building Lofts Association
  • High-Rise Condominium
  • Brown Bldg Lofts Condo Amd Subdivision
  • Mandatory home owners association

Recreation

  • Fitness Center

Additional Features

  • Rooftop Deck
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,387

Year Built

Built in 1940

Lot Details

0

HOA Fees

$643 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Restrictions: None
  • Year Built: 1940
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From I-35, take E 8th St. west to Colorado St. The building is on the southwest corner of E 8th and Colorado.
  • Disclosures: Other Disclosures
  • Estimated Taxes: 2386.68
  • 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: 849.00
  • Other Contingency Types: Inspection, Financing
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Ceiling-High, Counter-Granite, Natural Woodwork, Open Floorplan
  • Laundry Location: In Unit
  • View: City, Downtown
  • Flooring: Terrazzo
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Microwave, Free-Standing Electric Oven
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: See Remarks

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Roof: None
  • Foundation: None
  • 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: Reserved
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Hot Water, Internet, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 642.79

Association/Amenities

  • Association Name: Brown Building Lofts
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Covered Parking, Fitness Center, Rooftop Lounge

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: 499326
  • Lot Size Acres: 0.0024
  • Lot Size Sq Ft: 104.54
  • Subdivision Name: Brown Bldg Lofts Condo Amd

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 849
  • Tax Lot: A
  • Tax Rate: 2.17670000000000
  • Tax Year: 2022
  • Tax Annual Amount: 2386.68
  • Tax Exemptions: Historical, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Craciun Alin and Craciun Roxana
Bought by
Craciun Lara Alexis
Current Estimated Value
$526,000

Purchase Details

Listed on
Aug 12, 2022
Closed on
Nov 14, 2022
Sold by
Jones Gregory A
Bought by
Craciun Alin and Craciun Roxana
Seller's Agent
Kimberly Fodor
Compass RE Texas, LLC.
Buyer's Agent
Nicole Pancardo
Redfin Corporation
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.91%
Original Mortgage
$371,250
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2018
Closed on
Aug 29, 2018
Sold by
Sibille Blane
Bought by
Jones Gregory A
Seller's Agent
Kitty Sibille
Keller Williams Realty
Buyer's Agent
Kimberly Fodor
Compass RE Texas, LLC.
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$369,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Cook Kevin
Bought by
Sibille Blane and Sibille Kitty

Purchase Details

Closed on
Jan 8, 2001
Sold by
Lbj Brown Building Lp
Bought by
Kaplan Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.63%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed -- Corridor Title
Deed -- Corridor Title
Vendors Lien -- Independence Title Co
Warranty Deed -- First American Title
Warranty Deed -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $371,250 New Conventional
Previous Owner $362,650 New Conventional
Previous Owner $369,000 New Conventional
Previous Owner $124,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Rented $2,500 -3.8% --
09/13/2024 09/13/24 Under Contract -- -- --
09/04/2024 09/04/24 For Rent $2,600 0.0% --
08/07/2023 08/07/23 Rented $2,600 -7.1% --
08/06/2023 08/06/23 Under Contract -- -- --
06/09/2023 06/09/23 For Rent $2,800 0.0% --
11/17/2022 11/17/22 Sold -- -- --
10/18/2022 10/18/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $515,000 -1.9% $607 / Sq Ft
09/11/2022 09/11/22 For Sale $525,000 0.0% $618 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $525,000 +26.5% $618 / Sq Ft
08/29/2018 08/29/18 Sold -- -- --
07/19/2018 07/19/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $415,000 0.0% $489 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $415,000 +1.2% $489 / Sq Ft
04/04/2018 04/04/18 For Sale $410,000 -- $483 / 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 $1,865 $506,676 $24,211 $482,465
2022 $8,742 $442,632 $24,211 $418,421
2021 $9,080 $407,787 $24,211 $383,576
2020 $8,633 $402,514 $24,211 $378,303
2018 $7,161 $323,427 $24,211 $299,216
2017 $7,669 $343,901 $24,211 $319,690
2016 $7,270 $325,975 $24,211 $301,764
2015 $4,193 $278,154 $23,582 $254,572
2014 $4,193 $273,808 $23,582 $250,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4097692

Unlock MLS (Austin Board of REALTORS®)

APN: 499326