NOT LISTED FOR SALE

107 E Palmetto Dr Unit B South Padre Island, TX 78597

Estimated Value: $680,000 - $920,000

3 Beds
3 Baths
1,900 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 107 E Palmetto Dr Unit B, South Padre Island, TX 78597 and is currently estimated at $741,349, approximately $390 per square foot. 107 E Palmetto Dr Unit B is a home located in Cameron County with nearby schools including Garriga Elementary School, Derry Elementary School, and Port Isabel Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Boswell Christopher and Boswell Amy
Bought by
Boswell Family Trust and Boswell
Current Estimated Value
$741,349

Purchase Details

Closed on
Apr 17, 2020
Sold by
Rasmussen Neil K
Bought by
Schlosser Wayne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2007
Sold by
Patel Dhansukh R and Patel Sangeeta
Bought by
Rasmussen Neil K and Rasmussen Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Boswell Family Trust -- None Listed On Document
Schlosser Wayne L -- None Available
Rasmussen Neil K -- Southern Texas Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlosser Wayne L $228,800
Previous Owner Rasmussen Neil K $272,000
Source: Public Records

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 $9,658 $577,000 $126,670 $450,330
2024 $9,658 $591,488 $126,670 $464,818
2023 $5,858 $341,668 $0 $0
2022 $5,886 $310,607 $98,521 $212,086
2021 $5,751 $285,977 $73,891 $212,086
2020 $5,836 $288,232 $73,891 $214,341
2019 $5,926 $286,964 $70,372 $216,592
2018 $5,709 $276,647 $70,372 $206,275
2017 $5,708 $278,795 $70,372 $208,423
2016 $5,752 $280,944 $70,372 $210,572
2015 $5,063 $276,325 $70,372 $205,953
Source: Public Records

Map

Texas Cameron County South Padre Island 78597

107 E Palmetto Dr Unit B, South Padre Island, TX

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