NOT LISTED FOR SALE

103 E Palm St Unit 3 South Padre Island, TX 78597

Estimated Value: $341,000 - $355,753

2 Beds
2 Baths
1,130 Sq Ft
1,568 Sq Ft Lot

Last Sold March 10, 2022

Current estimated payment $2,327/month

7 Days on Market

Highlights

  • In Ground Pool
  • Double Pane Windows
  • Tile Flooring
  • Balcony
  • Home Security System
  • 4-minute walk to South Padre Island Migratory Bird Sanctuary

About This Home

As of March 2022

IS YOUR DREAM TO LIVE AT SPI? THIS COULD BE WHAT YOU HAVE BEEN WAITING FOR, FULLY FURNISHED, SPACIOUS, COMMUNITY POOL (ONLY 4 UNITS IN COMPLEX) 2 BEDROOMS AND 2 BATH, LAUNDRY AREA. WALKING DISTANCE TO THE BEACH...FOR SHOWINGS BUYERS MUST PROVIDE PRE Q LETTER OR PROOF OF FUNDS PRIOR TO SHOWINGS....UNIT LEASED UNTIL 1ST WEEK OF MARCH 2022 IF OFFERS ARE RECIEVED, SELLER WILL LOOK AT THEM NEXT WEEK ON JANAUARY 18TH

Last Agent to Sell the Property

Hortencia Villarreal

Nexus Real Estate License #TREC # 0603001 Listed on: 01/12/2022

Nexus Real Estate

Last Buyer's Agent

CIANNA PEREZ

RE/MAX ELITE License #0684354

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 2006

Lot Details

  • 1,568

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Home Security System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Port Isabel Elementary And Middle School
  • Port Isabel High School

Utilities

  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6764800000003000

Community Details

Overview

  • Property has a Home Owners Association
  • Acres Bonitos Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,899

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: NORTH ON PADRE BLVD, RIGHT AT PALM ST, CONDO AT YOUR RIGHT
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Roof: Tile
  • Year Built: 2006
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoCommunityFeatures: Homeowners Association
  • Reso Fencing: Other
  • ResoLaundryFeatures: Area
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Co List Office Phone: 956-504-2727
  • MLS Status: Sold
  • Subdivision Name: Acres Bonitos
  • Reso Accessibility Features: No Handicap Access
  • ResoBuildingAreaSource: CCAD
  • Carport Y N: No
  • Unit Levels: Two
  • Reso Window Features: Double Pane Windows
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Dryer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Room Living Room Area: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: In Ground
  • Construction Type: Stucco, Block
  • Foundation Details: Other

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Port Isabel
  • High School: Port Isabel
  • Junior High Dist: Point Isabel I.S.D.
  • Middle Or Junior School: Port Isabel

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: Square Feet
  • Mobile Dim Units: Feet
  • Parcel Number: 6764800000003000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 9, 2022
Sold by
Silva Ramirez Armando
Bought by
Rodriguez Jorge Mauricio Mej
Seller's Agent
Hortencia Villarreal
Nexus Real Estate
Buyer's Agent
CIANNA PEREZ
RE/MAX ELITE
List Price
$280,000
Current Estimated Value
$349,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$217,500
Outstanding Balance
$203,215
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$146,723

Purchase Details

Closed on
Apr 27, 2015
Sold by
Winkel Mark Harold and Winkel Lena Adams
Bought by
Ramirez Armando Silva and Benavides Alma D Berlanga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,330
Interest Rate
3.74%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2011
Sold by
Fannie Mae
Bought by
Winkel Mark Harold and Adams Winkel Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Lcj Enterprises Ltd
Bought by
Rosser Dean F and Rosser Charlotte R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.26%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rodriguez Jorge Mauricio Mej -- Stewart Title
Ramirez Armando Silva -- None Available
Winkel Mark Harold -- None Available
Rosser Dean F -- Dba Cameron County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jorge Mauricio Mej $217,500
Previous Owner Ramirez Armando Silva $106,330
Previous Owner Winkel Mark Harold $112,400
Previous Owner Rosser Dean F $21,000
Previous Owner Rosser Dean F $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold -- -- --
01/20/2022 01/20/22 Off Market -- -- --
01/19/2022 01/19/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $280,000 -- $248 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

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
2025 $5,899 $353,885 $56,250 $297,635
2024 $5,899 $361,266 -- --
2023 $5,161 $301,055 $56,250 $244,805
2022 $5,678 $299,645 $43,750 $255,895
2021 $3,435 $170,788 $32,813 $137,975
2020 $3,489 $172,296 $32,813 $139,483
2019 $3,557 $172,244 $31,250 $140,994
2018 $3,586 $173,754 $31,250 $142,504
2017 $3,588 $175,262 $31,250 $144,012
2016 $3,619 $176,772 $31,250 $145,522
2015 $3,365 $167,168 $31,250 $135,918
Source: Public Records

Agents Affiliated with this Home

  • Hortencia Villarreal

    Seller's Agent in 2022

    Hortencia Villarreal

    Nexus Real Estate

    (956) 459-0171

    1 in this area

    219 Total Sales

    Hortencia Villarreal
    Section Image
  • CIANNA PEREZ

    Buyer's Agent in 2022

    CIANNA PEREZ

    RE/MAX

    (956) 407-9713

    32 in this area

    49 Total Sales

    CIANNA PEREZ
    Section Image
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Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29731732

Rio Grande Valley Multiple Listing Service

APN: 676480-0000-003000

Texas Cameron County South Padre Island 78597

103 E Palm St Unit 3, South Padre Island, TX

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