NOT LISTED FOR SALE

1321 35th St Galveston, TX 77550

Kempner Park Neighborhood

Estimated Value: $375,681 - $516,000

1 Bed
1 Bath
1,998 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 04, 2022

Current estimated payment $2,804/month

235 Days on Market

Highlights

  • Window Unit Cooling System
  • 1-Story Property
  • Space Heater
  • Oppe Elementary School Rated A-

About This Home

As of May 2022

INVESTOR'S DREAM! Income producing property! Recently renovated with all units occupied. Converted home into 7 efficiency apartments. Each unit has a private entrance with private bedroom/living room, kitchen and one full bath. Community washer/dryer on site. Nicely sized fenced-in lot. Beautiful palm trees surround the property. Quick and easy access to the Beach, Broadway and Downtown Galveston.

Last Agent to Sell the Property

Maria Shumilova

Maria Shumilova License #0709530 Listed on: 08/21/2021

Last Buyer's Agent

Boris Sanchez

Sanmore Realty License #0655101

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 1960

Lot Details

  • 3,855 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Gisd Open Enroll Elementary And Middle School
  • Ball High School

Utilities

  • Window Unit Cooling System
  • Space Heater

Community Details

  • 7 Units
  • Galveston Outlots Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,655

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Take I-45 S towards Galveston. Continue Broadway Avenue J. Turn right onto 35th St. Home will be on the right.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1960
  • Subdivision Name: Galveston Outlots
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Living Area: 1998.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes

Schools

  • Elementary School: GISD OPEN ENROLL
  • Junior High Dist: 22 - Galveston
  • High School: BALL HIGH SCHOOL
  • Middle Or Junior School: GISD OPEN ENROLL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2655.0

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Sanmore Investments Llc
Bought by
Kempner 1321 Apartments Llc
Current Estimated Value
$452,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$192,827
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Estimated Equity
$257,336

Purchase Details

Closed on
Sep 10, 2019
Sold by
Jani Group Llc
Bought by
Max Managment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2019
Sold by
Cokins Ronald and Cokins Cynthia
Bought by
Jani Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2014
Sold by
Jet Lending Llc
Bought by
Cokins Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 8, 2014
Sold by
Faith Property Management Inc
Bought by
Jet Lending Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 9, 2013
Sold by
Quest Ira Inc
Bought by
Faith Property Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
4.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2012
Sold by
Quick Turn Realty Inc
Bought by
Ira Quest and Entrust Retirement Services Inc

Purchase Details

Closed on
Aug 14, 2009
Sold by
Alliniece Oona
Bought by
Quick Turn Realty Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2009
Sold by
Johnson Beverly
Bought by
Alliniece Oona
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
Kempner 1321 Apartments Llc -- None Listed On Document
Kempner 1321 Apartments Llc -- None Listed On Document
Max Managment Llc -- None Available
Jani Group Llc -- Transact Title
Cokins Ronald -- None Available
Jet Lending Llc $31,896 None Available
Faith Property Management Inc -- None Available
Ira Quest -- None Available
Quick Turn Realty Investments Inc -- None Available
Alliniece Oona -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempner 1321 Apartments Llc $367,500
Closed Kempner 1321 Apartments Llc $367,500
Previous Owner Max Managment Llc $75,000
Previous Owner Cokins Ronald $65,000
Previous Owner Faith Property Management Inc $46,000
Previous Owner Quick Turn Realty Investments Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold -- -- --
04/13/2022 04/13/22 Pending -- -- --
03/01/2022 03/01/22 Price Changed $325,000 +8.7% $163 / Sq Ft
02/25/2022 02/25/22 For Sale $299,000 0.0% $150 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
08/21/2021 08/21/21 For Sale $299,000 0.0% $150 / Sq Ft
05/13/2021 05/13/21 Rented $600 -20.0% --
04/13/2021 04/13/21 Under Contract -- -- --
06/03/2020 06/03/20 For Rent $750 -- --
Source: Houston Association 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 $4,860 $414,130 $77,720 $336,410
2023 $4,860 $233,990 $47,220 $186,770
2022 $3,750 $186,000 $47,220 $138,780
2021 $5,688 $251,440 $106,250 $145,190
2020 $2,813 $117,370 $14,310 $103,060
2019 $3,426 $138,910 $14,310 $124,600
2018 $3,056 $123,500 $14,310 $109,190
2017 $3,019 $123,500 $14,310 $109,190
2016 $3,570 $146,000 $14,310 $131,690
2015 $1,284 $68,910 $12,720 $56,190
2014 $1,279 $65,580 $12,720 $52,860
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maria Shumilova

    Maria Shumilova

    (281) 741-2191

    1 in this area

    9 Total Sales

    Maria Shumilova
    Section Image
  • Boris Sanchez

    Buyer's Agent in 2022

    Boris Sanchez

    Sanmore Realty

    (713) 480-0002

    2 in this area

    20 Total Sales

    Boris Sanchez
    Section Image
  • Cameron Namazi

    Seller's Agent in 2021

    Cameron Namazi

    Summit Realty & Associates LLC

    (713) 545-3936

    253 Total Sales

    Cameron Namazi
    Section Image

  • N

    Buyer's Agent in 2021

    Nonmls

    Houston Association of REALTORS

See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 53175604

Houston Association of REALTORS®

APN: 3510-0011-1008-001

Texas Galveston County Galveston 77550 Kempner Park

1321 35th St, Galveston, TX

This home is located at 1321 35th St, Galveston, TX 77550 since 21 August 2021 and is currently estimated at $452,170, approximately $226 per square foot. This property was built in 1960. 1321 35th St is a home located in Galveston County with nearby schools including Morgan Elementary Magnet School, Burnet STREAM Magnet School, and Parker Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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