$299,000
SOLD SEP 7, 2016
Last list price
1 Bed
1 Bath
693 Sq Ft
$304/mo HOA Fee

Recently Sold

$431 Per Sq Ft

9 Days on Market

Highlights

  • Panoramic View
  • Main Floor Primary Bedroom
  • 1-Story Property
  • Mathews Elementary School Rated A
  • High Ceiling
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of September 2016

One of the best condo investment opportunities in DT at ~$430/sf, w/ history & character. HIGH Ceilings (13ft). Panoramic Skyline views! Walking distance to: Rainey, Eastside, West 6th, Town Lake. Major developments underway: Fairmont hotel, Waller Creek, Sabine Street. Unit has 2 parking spots assigned (see agent). Residents of the building typically use Hilton 555 (not Hilton Garden) gym and pool ($65/mon). Building IS WARRANTABLE, HOA reserves are VERY strong. LG Washer/Dryer, Refrigerator included.

Last Agent to Sell the Property

Kris Vermelis

Douglas Elliman Real Estate License #0633412 Listed on: 08/01/2016

Douglas Elliman Real Estate

Last Buyer's Agent

Jason Earle

Earle Realty License #0576352

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 2007

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking

Property Views

  • Panoramic

Home Design

  • Mixed Roof Materials
  • Concrete Roof
  • Masonry Siding

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Concrete Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include common area maintenance, insurance, parking, trash
  • Sabine On Fifth Association
  • High-Rise Condominium
  • Sabine On 05 Residential Condo Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02060422650000
  • 2% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,395

Year Built

Built in 2007

Lot Details

0

HOA Fees

$304 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Building Area Total: 693.00
  • Restrictions: None
  • Year Built: 2007
  • Directions: On Sabine Street in between 5th and 6th Street. 15min parking available right in front of building. (Parking time is flexible)
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 5492.00
  • FEMA Flood Plain: See Remarks
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 693.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Primary Bedroom on Main
  • Laundry Location: Main Level
  • View: City, Panoramic
  • Flooring: Concrete
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer Stacked
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: None
  • Roof: Concrete, Mixed
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 304.00

Association/Amenities

  • Management Company: Twelve Rivers
  • Association Name: Sabine On Fifth
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

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: 02060422650000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Sabine On 05 Residential Condo

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Filled Sqft Total: 693
  • Tax Rate: 2.29608000000000
  • Tax Year: 2016
  • Tax Annual Amount: 4395.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 7, 2016
Sold by
Miller Clinton Mcmanus and Miller Lacey
Bought by
Choudhary Khushboo
Seller's Agent
Kris Vermelis
Douglas Elliman Real Estate
Buyer's Agent
Jason Earle
Earle Realty
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$368,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,310
Avg. Annual Appreciation
2.30%
Original Mortgage
$240,000
Outstanding Balance
$114,980
Interest Rate
2.78%
Mortgage Type
Commercial
Estimated Equity
$251,582

Purchase Details

Closed on
Mar 18, 2008
Sold by
Sabine Residences Lp
Bought by
Miller Clinton Mcmanus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,400
Interest Rate
5.67%
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
Vendors Lien -- Itc
Special Warranty Deed -- American Austin Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Commercial
Previous Owner $238,600 Commercial
Previous Owner $256,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2024 03/30/24 Rented $2,050 0.0% --
03/28/2024 03/28/24 Under Contract -- -- --
03/13/2024 03/13/24 Price Changed $2,050 -2.1% $3 / Sq Ft
01/31/2024 01/31/24 Price Changed $2,095 -2.6% $3 / Sq Ft
01/20/2024 01/20/24 Price Changed $2,150 -2.1% $3 / Sq Ft
12/29/2023 12/29/23 Price Changed $2,195 -2.4% $3 / Sq Ft
12/21/2023 12/21/23 Price Changed $2,250 -2.0% $3 / Sq Ft
12/15/2023 12/15/23 For Rent $2,295 +2.0% --
07/12/2022 07/12/22 Rented $2,250 -4.3% --
07/11/2022 07/11/22 Under Contract -- -- --
07/05/2022 07/05/22 Price Changed $2,350 -5.8% $3 / Sq Ft
06/13/2022 06/13/22 Price Changed $2,495 -2.2% $4 / Sq Ft
05/14/2022 05/14/22 For Rent $2,550 +45.7% --
05/31/2018 05/31/18 Rented $1,750 0.0% --
05/25/2018 05/25/18 Under Contract -- -- --
04/30/2018 04/30/18 For Rent $1,750 +3.2% --
11/14/2016 11/14/16 Rented $1,695 -10.8% --
11/10/2016 11/10/16 Under Contract -- -- --
09/07/2016 09/07/16 Sold -- -- --
09/07/2016 09/07/16 For Rent $1,900 0.0% --
08/10/2016 08/10/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $299,000 0.0% $431 / Sq Ft
06/05/2015 06/05/15 Rented $1,900 +5.6% --
06/05/2015 06/05/15 Under Contract -- -- --
05/19/2015 05/19/15 For Rent $1,800 0.0% --
04/14/2015 04/14/15 Rented $1,800 0.0% --
04/14/2015 04/14/15 Under Contract -- -- --
03/19/2015 03/19/15 For Rent $1,800 +2.9% --
08/31/2012 08/31/12 Rented $1,750 -5.4% --
08/31/2012 08/31/12 Under Contract -- -- --
06/26/2012 06/26/12 For Rent $1,850 -- --
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 $6,939 $439,844 $53,500 $386,344
2022 $6,814 $345,013 $53,500 $291,513
2021 $6,796 $312,200 $37,450 $274,750
2020 $6,203 $289,200 $37,450 $251,750
2018 $6,553 $296,000 $24,075 $271,925
2017 $6,530 $292,803 $24,075 $268,728
2016 $5,334 $239,192 $24,075 $268,728
2015 $4,286 $217,447 $24,075 $257,138
2014 $4,286 $197,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5060840

Unlock MLS (Austin Board of REALTORS®)

APN: 748531