54 Rainey ST # 407, Austin TX 78701

Off Market

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Ed's Opinion of Value

$473,867 Ed's Estimate: $647,939 $749,000

Lowest Comp Recommended List: $552,000 to $562,000 Highest Comp

The estimated value of this property is $647,939, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $552,000 and $562,000. Against 7 similar active listings in MILAGO CONDO, this price point lands at the 2nd least expensive of 7 comparable homes on the market. There are currently 7 similar homes on the market in MILAGO CONDO, ranging from $575,000 to $925,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 603 Davis ST # 703, Austin TX 78701, with an adjusted value of $501,322; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

241 homes Active Inventory 14.8 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$501,322 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$473,867 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$674,350 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$739,634 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$677,056 adjusted 360 Nueces ST # 1411, Austin TX 78701 2bd / 2.0ba • 1,221 sqft • 0.9 mi Sold 1 months ago

Currently on Market

$575,000 603 Davis ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,286 sqft • 0.1 mi 14 days on market

$749,000 360 Nueces ST # 2005, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 15 days on market

$729,000 360 Nueces ST # 1505, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 2 days on market

2 Beds

2 Baths 2 Full

1,164 Sq Ft

0.007 Acres

2005 Built

2 Garage

About This Property

Meticulously maintained 4th floor condo, full of warmth and charm; new track lighting / designer paint throughout. The kitchen backsplash is updated w/ designer decor tiles; laundry space updated w/ pocket doors. Master bathroom remodeled w/ soaking tub, a modern walk-in shower w/ decor tiles and frameless glass enclosure, new commode - update complete w/ a sauna aesthetic in the cedar stained wood planking on the ceiling. Secondary bathroom updated as well w/ decor tiles and new commode - must see!Restrictions: Yes

Features

Bookcases
Breakfast Bar
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Track Lighting
Walk-In Closet(s)
Wet Bar

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential Lease

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Elevator, No Exterior Steps, See Remarks

County Travis

MLS # 2315203

Parking

Garage 2 spaces

HOA & Community

HOA Fee $500 /Monthly

HOA Includes Common Area Maintenance, Insurance, Maintenance Structure, Parking

Tax Information

Annual Taxes $6,685 (2013)

Listing History

MLS# 2315203 1 days

Jul 12, 2017	Off Market
Jul 10, 2017	Listed		$2,450

MLS# 4946565 30 days

May 9, 2017	Off Market
Mar 28, 2017	Listed		$2,450

MLS# 7289501 14 days

Mar 23, 2017	Off Market
Jan 19, 2017	Listed		$462,000

MLS# 2850626 9 days

May 13, 2014	Off Market
Mar 23, 2014	Listed		$450,000

Frequently Asked Questions About 54 Rainey ST # 407, Austin TX 78701

When was 54 Rainey ST # 407, Austin TX 78701 built?

54 Rainey ST # 407, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 407, Austin TX 78701 cost?

54 Rainey ST # 407, Austin TX 78701 sold on July 12, 2017. Contact us for sale price details.

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