NOT LISTED FOR SALE

Estimated Value: $1,489,218 - $1,586,000

2 Beds
2 Baths
2,337 Sq Ft
$1,474/mo HOA Fee

Last Sold February 15, 2019

Current estimated payment $11,799/month

171 Days on Market

Highlights

  • Concierge
  • In Ground Pool
  • Gated Community
  • Mathews Elementary School Rated A
  • Panoramic View
  • Wooded Lot

About This Home

As of February 2019

Luxury 2 story penthouse residence perched atop one of the most prestigious architecturally significant buildings in Downtown. The 20ft wall of windows create a daily changing canvas as the twilight reflects off the surrounding buildings, fades to dusk, & reveals the spectacular lights of downtown’s skyline. Adjourn to your expansive balcony that spans the width of the unit. Rare opportunity to own this much space in an ideal location with the downtown lifestyle as your backyard playground.Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Casey Legg

Urbanspace License #0491354 Listed on: 07/26/2018

Urbanspace

Last Buyer's Agent

Jeff Henley

Jeff Henley Broker License #0340350

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,966

Year Built

  • Built in 2003

Lot Details

  • South Facing Home
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $1,474 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic
  • Hills

Home Design

  • Masonry Siding
  • Steel Siding

Interior Spaces

  • 2,337 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Multiple Living Areas
  • Loft

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system
  • Vented Exhaust Fan
  • Phone Available

Listing and Financial Details

  • Tax Lot 1106
  • Assessor Parcel Number 01070018690000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, maintenance structure, water
  • Austin City Lofts Association
  • High-Rise Condominium
  • Austin City Lofts Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Community Barbecue Grill
  • Courtyard
  • Elevator
  • Community Mailbox
  • Bike Room

Recreation

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,966

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,474 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, High Rise (8-13 Stories)
  • Building Area Total: 2337.00
  • Restrictions: Deed Restrictions
  • Year Built: 2003
  • Direction Faces: South
  • Directions: Lamar to 5th St, east on 5th for 2 blocks, property on your left hand side just past Whole Foods on corner of 5th and West Ave. Visitor parking on the first floor of parking garage off West Ave or street park/meter parking in front of building on 5th St.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 24468.00
  • FEMA Flood Plain: See Remarks
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2337.00
  • Other Structures: Storage
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-High, Ceiling-Vaulted, Entrance Foyer, Interior Steps, Multiple Living Areas
  • Laundry Location: In Unit, Laundry Closet, Upper Level
  • View: City, Hill Country, Panoramic
  • Flooring: Concrete, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 1
  • Accessibility Features: None
  • Appliances: Cooktop, Cooktop Gas, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Elevator
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: Barbecue
  • Pool Features: In Ground
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Maintenance Structure, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1474.00

Association/Amenities

  • Association Name: Austin City Lofts
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Concierge, Controlled Access, Courtyard, Garage Parking, Gated, 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: Sprinkler - In-ground, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 01070018690000
  • Lot Size Acres: 0.0130
  • Lot Size Sq Ft: 566.28
  • Subdivision Name: Austin City Lofts Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides, Steel Siding

Tax Info

  • Tax Filled Sqft Total: 2337
  • Tax Lot: 1106
  • Tax Rate: 2.21399000000000
  • Tax Year: 2018
  • Tax Annual Amount: 20966.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Feb 15, 2019
Sold by
Acl 1106 Managemet Llc
Bought by
Henley Jeffrey and Henley Marla
Seller's Agent
Casey Legg
Urbanspace
Buyer's Agent
Jeff Henley
Jeff Henley Broker
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
171
Current Estimated Value
$1,537,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,609
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Jun 28, 2013
Sold by
Meyer Phillip
Bought by
Acl 1106 Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 28, 2012
Closed on
Feb 28, 2013
Sold by
Nail Wilbur Bobby
Bought by
Meyer Philip
Seller's Agent
Jeannette Spinelli
KW-Austin Portfolio Real Estate
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2007
Sold by
Austin Lofts Lp
Bought by
Nail Wilbur Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2006
Sold by
Austin Lofts Lp
Bought by
Nail Wilbur Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
6.37%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Henley Jeffrey -- None Available
Acl 1106 Management Llc -- None Available
Meyer Philip -- Heritage Title
Nail Wilbur Bobby -- Heritage Title
Nail Wilbur Bobby -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acl 1106 Management Llc $440,000
Previous Owner Meyer Philip $417,000
Previous Owner Nail Wilbur Bobby $423,000
Previous Owner Nail Wilbur Bobby $451,200
Previous Owner Nail Wilbur Bobby $451,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold -- -- --
01/14/2019 01/14/19 Pending -- -- --
10/17/2018 10/17/18 Price Changed $1,099,000 -8.4% $470 / Sq Ft
07/26/2018 07/26/18 For Sale $1,200,000 +33.5% $513 / Sq Ft
02/28/2013 02/28/13 Sold -- -- --
02/01/2013 02/01/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $899,000 -- $385 / 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 $20,725 $1,317,690 $0 $0
2022 $23,658 $1,197,900 $0 $0
2021 $23,704 $1,089,000 $146,772 $1,002,828
2020 $21,234 $990,000 $146,772 $843,228
2018 $23,477 $1,060,400 $146,772 $913,628
2017 $21,119 $947,000 $146,772 $800,228
2016 $22,859 $1,025,000 $127,628 $897,372
2015 $22,320 $925,000 $124,313 $800,687
2014 $22,320 $937,896 $124,313 $813,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9285123

Unlock MLS (Austin Board of REALTORS®)

APN: 563621