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$640,000

Beds
1
Baths
1.0
sq ft
1,245

555 E 5th St Unit 521, Austin, TX 78701

555 E 5th St Unit 521

Austin, TX 78701

  • 90 days on market
A meticulously renovated 1-bedroom, 1-bathroom condo in the 555 Condos in the heart of Downtown Austin. Spanning 1,245 square feet, this unit features brand new 7” wide white oak wood floors throughout. The open floor plan boasts 10ft high ceilings, recessed lighting, and a large window wall with motorized sun-shades. The primary bedroom offers a massive walk-in closet and large bathroom. An updated kitchen includes a new Bosch stainless refrigerator, high-end stainless gas cooktop, recent updates to the kitchen cabinets which now span to the ceiling and granite countertops. Enjoy the convenience of the new, stainless LG washer and dryer. Furthermore, you'll have access to your own private balcony. You also get two storage units—one on the 5th floor and one in the garage. The unit also includes a coveted parking space in a private, residents-only garage. The condo is staffed by 24-hour concierge and security service for peace of mind. Other building amenities, shared with the Hilton hotel, include a fitness center, rooftop lounge and pool, Starbucks, Austin Taco Project and more. Located in downtown Austin, you can walk to dining options like Moonshine and others, entertainment, Whole Foods, Target and even the Capital. Discover the perfect blend of luxury and convenience in this exceptional condo.

Details

Property type

Condominium

Est. home value

$590,189

Lot size

130.68 sq ft

Price per sq ft

$515

Year built

2004

Annual property taxes

$10,779.78

Monthly HOA fee

$977.69

Price History

07/09/2024
Austin

Austin #4290905

Listed
$640,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Fitness Center, Gated, Pool, Restaurant

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$171,101
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$417,699
Cash to seller
$171,101

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lower Llc

Loan start date

October 2021

Original loan amount

$446,200

Est. remaining balance

$417,699

Interest rate

2.88%

Loan type

Not Provided, 30 year

Seller

Matthew R Chester

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/07/2024 at 6:20 PM

Listing updated: 09/29/2024 at 3:05 PM

Listed by: Julie Morton, BHGRE Gary Greene Phone #: (713) 465-6644

MLS: Austin #4290905

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