555 E 5th ST # 929, Austin TX 78701

Off Market

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Ed's Opinion of Value

$1,075,000 Ed's Estimate: $2,123,523 $3,500,000

Lowest Comp Recommended List: $1,129,000 to $1,139,000 Highest Comp

The estimated value of this property is $2,123,523, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,129,000 and $1,139,000. Among the similar homes currently available in FIVE FIFTY CONDO, this price point stands out as competitive. Built in 2004, this home is 6 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in FIVE FIFTY CONDO, listed between $1,075,000 and $3,500,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 4305, Austin TX 78701, with an adjusted value of $1,530,719; a strong comparable. Based on 7 relevant data points in FIVE FIFTY CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

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

$1,530,719 adjusted 360 Nueces ST # 4305, Austin TX 78701 2bd / 3.0ba • 2,070 sqft • 0.7 mi Sold 2 months ago

$2,554,593 adjusted 200 Congress Ave, Austin TX 78701 2bd / 3.0ba • 2,082 sqft • 0.4 mi Sold 10 months ago

$1,663,971 adjusted 200 Congress Ave # 11E, Austin TX 78701 2bd / 2.0ba • 1,918 sqft • 0.4 mi Sold 7 months ago

$1,722,704 adjusted 200 Congress Ave # 12E, Austin TX 78701 2bd / 2.0ba • 1,918 sqft • 0.4 mi Sold 11 months ago

$2,271,555 adjusted 200 Congress Ave # 19F, Austin TX 78701 2bd / 3.0ba • 1,926 sqft • 0.4 mi Sold 3 months ago

Currently on Market

$1,075,000 311 W 5th ST # 1002, Austin TX 78701 2bd / 2.0ba • 1,897 sqft • 0.6 mi 1 days on market

$3,500,000 210 Lavaca ST # 2301, Austin TX 78701 2bd / 3.0ba • 1,953 sqft • 0.5 mi 75 days on market

$1,999,000 210 Lavaca ST # 2903, Austin TX 78701 3bd / 3.0ba • 2,162 sqft • 0.5 mi 393 days on market

2 Beds

2 Baths 2 Full

2,091 Sq Ft

0.005 Acres

2004 Built

2 Garage

About This Property

Gorgeous condo with Austin skyline views. Previous model unit located at the end of the hall for extra privacy. Includes bamboo & travertine floors, floor-to-ceiling windows, granite and marble counters. Residents enjoy private lobby, resident-specific elevators, private parking garage and 24-hour concierge/hotel services.FEMA - Unknown Restrictions: Yes

Features

Breakfast Bar
High Ceilings
Entrance Foyer
No Interior Steps
Primary Bedroom on Main
Track Lighting
Walk-In Closet(s)
Wired for Sound

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Bamboo, Carpet, Tile

Cooling Central Air, Evaporative Cooling

Heating Central

Exterior None

County Travis

MLS # 8947954

Parking

Garage 2 spaces

HOA & Community

HOA Fee $896 /Monthly

HOA Includes Common Area Maintenance, Gas, Insurance, Trash, Water

Tax Information

Annual Taxes $18,092 (2009)

Listing History

MLS# 8947954 125 days (253 CDOM)

Jun 18, 2010	Off Market
Mar 18, 2010	Pending
Mar 9, 2010	Price Change	$531,900
Nov 13, 2009	Listed	$599,900

Frequently Asked Questions About 555 E 5th ST # 929, Austin TX 78701

When was 555 E 5th ST # 929, Austin TX 78701 built?

555 E 5th ST # 929, Austin TX 78701 was built in 2004.

How much does 555 E 5th ST # 929, Austin TX 78701 cost?

555 E 5th ST # 929, Austin TX 78701 sold on June 18, 2010. Contact us for sale price details.

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