NOT LISTED FOR SALE

118 S Bay Blvd Palacios, TX 77465

Estimated Value: $303,000 - $498,000

6 Beds
4 Baths
2,539 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 16, 2022

Current estimated payment $2,071/month

82 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Front Porch
  • Deck
  • 1 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of September 2022

Come see this stunning property. The Main House is 4 Bedrooms and 2 Baths, 1,447 SQ. FT Living area, CH/A, Wood Floor, Gorgeous view of Tres Palacios Bay from upstairs and down stairs. Additional Living quarters Behind Main house. 1 BR 1 Bath Garage Apt., CH/A, Fully furnished, deck, currently a vacation rental, 728 SQ FT living Area. Also, a 2nd Apartment Downstairs that has 364 SQ FT,. 1 Car Garage, Palm Trees, The property needs TLC. Gem, come see

Last Agent to Sell the Property

Ron Laws

Texas Coastal Properties Brokerage Phone: 3619725900 License #TREC #:0301068 Listed on: 05/27/2022

Last Buyer's Agent

Rebecca Smithey

Texas Coastal Properties License #TREC #:0750017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Chain Link Fence
  • Landscaped

Home Design

  • Frame Construction
  • Composition Roof
  • Pier And Beam

Interior Spaces

  • 2,539 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Built-in Bookshelves
  • Built-In Features
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Young S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,847

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125
  • Road Frontage Type: City Street
  • Subdivision Name: Young S/d
  • Directions: From State Hwy 35, Turn onto 1st Street, go South to South Bay Blvd. Sign in yard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1950
  • Attribution Contact: 3619725900
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Carpet/Tile/Hardwood, Hardwood
  • Interior Amenities: Ceiling Fan(s), Built-in Bookcases, Built-in Chest, Paneling, Sheet Rock, Built-in China Cabinet
  • Living Area: 2539

Exterior Features

  • Fencing: Wood, Chain Link
  • Lot Features: Lot, Regular, Residential City
  • Pool Features: None
  • Pool Private: No
  • View: Water
  • View: Yes
  • Waterfront Features: Bay
  • Construction Type: Frame
  • Exterior Features: Landscaped
  • Foundation Details: Pier & Beam
  • Other Structures: Separate Living Quarters
  • Patio And Porch Features: Deck, Covered Front Porch, Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Garage, Detached, Single, Concrete Drive

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Central Electric Heat
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Schools

  • Junior High Dist: Palacios

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 49260
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 14, 2022
Sold by
Horton Winfrey
Bought by
Nguyen Brittany and Le Duc Bui
Seller's Agent
Ron Laws
Texas Coastal Properties
Buyer's Agent
Rebecca Smithey
Texas Coastal Properties
List Price
$375,000
Current Estimated Value
$382,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$280,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Nguyen Brittany -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Brittany $400,000
Closed Nguyen Brittany $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold -- -- --
08/17/2022 08/17/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $375,000 -- $148 / Sq Ft
Source: Matagorda County Board of REALTORS®

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
2024 $58 $396,460 $62,400 $334,060
2023 $8,114 $352,260 $62,400 $289,860
2022 $6,050 $219,170 $62,400 $156,770
2021 $5,572 $222,230 $62,400 $159,830
2020 $4,673 $166,100 $57,200 $108,900
2019 $4,563 $163,140 $52,000 $111,140
2018 $4,499 $160,870 $52,000 $108,870
2017 $4,507 $162,430 $52,000 $110,430
2016 $4,636 $167,080 $55,370 $111,710
2015 -- $217,140 $64,000 $153,140
2014 -- $199,040 $64,000 $135,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Matagorda County Board of REALTORS®

MLS Number: 776143

APN: 49260