$725,000
SOLD APR 9, 2019
Last list price
2 Beds
2 Baths
1,478 Sq Ft
$925/mo HOA Fee

Recently Sold

$491 Per Sq Ft

25 Days on Market

Highlights

  • Concierge
  • Unit is on the top floor
  • Gated Parking
  • Mathews Elementary School Rated A
  • In Ground Pool
  • Two Primary Bedrooms

About This Home

As of April 2019

Modern condo with high ceilings (11-ft), concrete floors and fantastic city views, just a block from Whole Foods and two blocks to Trader Joe's. Access to the Shoal Creek Hike and Bike Trail just outside the building. Only 84 condos, this is a small community with 24-hour conceierge and secured garage and building access. Large, north-facing balcony offers year-round enjoyment of city activities. Amenities also include pool, hot tub, grill and outside dining area. Two reserved parking spaces.Restrictions: Yes

Last Agent to Sell the Property

Linda Picazo

Picazo Properties License #0550631 Listed on: 02/22/2019

Last Buyer's Agent

Michael Reisor

Douglas Elliman Real Estate License #0698541

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,200

Year Built

  • Built in 2003

HOA Fees

  • $925 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Reserved Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Masonry Siding
  • Metal Siding

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Window Treatments

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Schools

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

Additional Features

  • No Interior Steps
  • North Facing Home
  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01070018290000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, maintenance structure, trash
  • Austin City Lofts Association
  • High-Rise Condominium
  • Built by CLB Partners
  • Austin City Lofts Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Common Area
  • Elevator
  • Community Mailbox

Recreation

  • Community Spa

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,200

Year Built

Built in 2003

Lot Details

0

HOA Fees

$925 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, High Rise (8-13 Stories), Neighbor Above, Neighbor Below
  • Building Area Total: 1478.00
  • Restrictions: Covenant
  • Year Built: 2003
  • Direction Faces: North
  • Directions: Take W. 5th to West Ave. Building is on the NW corner of 5th and West. Parking on street or in garage. Building entrance on 5th; garage entrance on West.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 15459.00
  • FEMA Flood Plain: Yes-100 yr
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1478.00
  • Other Structures: Bathroom
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Suites, Bookcases, Ceiling-High, In-Law Floorplan, No Interior Steps, Primary Bedroom on Main
  • Laundry Location: In Hall, Laundry Closet
  • View: City
  • Flooring: Concrete, Tile
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Cooktop Gas, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Elevator
  • Roof: Flat Tile
  • Builder Name: CLB Partners
  • Foundation: Slab
  • Patio And Porch Features: Barbecue, Covered, Patio
  • Pool Features: In Ground
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Garage, Gated, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 925.00

Association/Amenities

  • Management Company: Worth Ross
  • Association Name: Austin City Lofts
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Concierge, Controlled Access, Covered Parking, Garage Parking, Hot Tub Community, 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

  • Parcel Number: 01070018290000
  • Lot Size Acres: 0.0080
  • Lot Size Sq Ft: 348.48
  • Subdivision Name: Austin City Lofts Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – Partial, Metal Siding

Tax Info

  • Tax Filled Sqft Total: 1478
  • Tax Rate: 2.21400000000000
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 9, 2019
Sold by
Djr Family Llc
Bought by
May26 Limited Liability Company
Seller's Agent
Linda Picazo
Picazo Properties
Buyer's Agent
Michael Reisor
Douglas Elliman Real Estate
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Total Days on Market
25
Current Estimated Value
$998,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,215
Avg. Annual Appreciation
5.67%

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 29, 2013
Sold by
Gregory Alan P and Gregory Susan
Bought by
Djr Family Llc
Seller's Agent
Dana Twombly
Choban & Associates
Buyer's Agent
Linda Picazo
Picazo Properties
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Austin Lofts Lp
Bought by
Spinelli Donald and Spinelli Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
5.87%
Mortgage Type
Commercial
Source: Public Records

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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
Warranty Deed -- Independence Title Co
Vendors Lien -- Texas American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,400 Credit Line Revolving
Previous Owner $133,600 Commercial
Previous Owner $409,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Rented $4,100 -3.5% --
08/24/2023 08/24/23 Under Contract -- -- --
08/01/2023 08/01/23 Price Changed $4,250 -5.6% $3 / Sq Ft
06/26/2023 06/26/23 Price Changed $4,500 -5.3% $3 / Sq Ft
05/23/2023 05/23/23 For Rent $4,750 +5.6% --
07/01/2019 07/01/19 Rented $4,500 -8.2% --
05/23/2019 05/23/19 Under Contract -- -- --
05/13/2019 05/13/19 Price Changed $4,900 -3.9% $3 / Sq Ft
04/20/2019 04/20/19 For Rent $5,100 0.0% --
04/09/2019 04/09/19 Sold -- -- --
03/19/2019 03/19/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $725,000 0.0% $491 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $725,000 +11.6% $491 / Sq Ft
09/12/2013 09/12/13 Sold -- -- --
08/18/2013 08/18/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $649,900 0.0% $440 / Sq Ft
05/12/2012 05/12/12 Rented $3,499 0.0% --
05/08/2012 05/08/12 Under Contract -- -- --
04/17/2012 04/17/12 For Rent $3,499 -- --
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 $18,200 $1,005,924 $92,104 $913,820
2022 $19,105 $967,366 $92,104 $875,262
2021 $16,695 $766,995 $92,103 $674,892
2020 $15,029 $700,713 $92,103 $608,610
2018 $15,459 $698,226 $92,103 $606,123
2017 $14,625 $655,799 $92,103 $563,696
2016 $15,593 $699,178 $80,090 $619,088
2015 $14,101 $614,125 $78,010 $536,115
2014 $14,101 $592,548 $78,010 $514,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5991705

Unlock MLS (Austin Board of REALTORS®)

APN: 563581