555 E 5th ST # 2819, Austin TX 78701

Off Market

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Ed's Opinion of Value

$456,185 Ed's Estimate: $769,481 $1,241,975

Lowest Comp Recommended List: $604,000 to $614,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $769,481. I'd recommend coming to market at $604,000 to $614,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in FIVE FIFTY CONDO. With 7 similar homes currently listed in FIVE FIFTY CONDO (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 200 Congress Ave # 27A, Austin TX 78701 nearby adjusts to $1,241,975; a strong comparable. With 5 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

$1,241,975 adjusted 200 Congress Ave # 27A, Austin TX 78701 1bd / 2.0ba • 1,225 sqft • 0.4 mi Sold 7 months ago

$655,968 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.7 mi Sold 1 months ago

$603,902 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.4 mi Sold 7 months ago

$751,819 adjusted 360 Nueces ST # 3705, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.7 mi Sold 12 months ago

$456,185 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$600,000 311 W 5TH ST # 703, Austin TX 78701 1bd / 1.0ba • 1,176 sqft • 0.5 mi 1 days on market

$595,000 311 W 5th ST # 704, Austin TX 78701 1bd / 1.0ba • 1,176 sqft • 0.5 mi 74 days on market

$749,000 360 Nueces ST # 2005, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.7 mi 15 days on market

1 Beds

1 Baths 1 Full

1,235 Sq Ft

0.003 Acres

2004 Built

1 Garage

About This Property

MAJOR PRICE REDUCTION! Located HIGH in the sky on the 28th floor atop of the prestigious Hilton Hotel in the heart of downtown this condo BOASTFULLY offers vast views as far as the eye can see! Expansive floor plan w/TWO balconies & study that could be another bedroom. 11' ceilings, wall-to-wall windows w/ views from every room, custom closets, maple cabinetry, elegant travertine bathroom, bamboo hardwoods, ss appliances. Execellent hotel amenities! Secured parking garage.Restrictions: Yes

Features

High Ceilings
Multiple Dining Areas
Primary Bedroom on Main
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

Flooring Bamboo, Stone

Cooling Evaporative Cooling

Heating BLR

Exterior See Remarks

County Travis

MLS # 4369842

Parking

Garage 1 spaces

HOA & Community

HOA Fee $691 /Monthly

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

Listing History

MLS# 4369842 136 days

Mar 31, 2017	Off Market
Mar 31, 2017	Pending
Feb 2, 2017	Price Change	$524,900
Nov 15, 2016	Listed	$575,000

Frequently Asked Questions About 555 E 5th ST # 2819, Austin TX 78701

When was 555 E 5th ST # 2819, Austin TX 78701 built?

555 E 5th ST # 2819, Austin TX 78701 was built in 2004.

How much does 555 E 5th ST # 2819, Austin TX 78701 cost?

555 E 5th ST # 2819, Austin TX 78701 sold on March 31, 2017. Contact us for sale price details.

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Feb 19, 2016	Off Market
Dec 3, 2015	Listed		$3,400