NOT LISTED FOR SALE

Estimated Value: $636,581 - $712,000

2 Beds
2 Baths
1,390 Sq Ft
$673/mo HOA Fee

Last Sold December 20, 2018

Current estimated payment $5,180/month

116 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Community Lake
  • Olsen Elementary School Rated A-
  • Cabana
  • Covered patio or porch

About This Home

As of December 2018

REDUCED! Spectacular 2 bdrm, 2 bath condominium at Palmilla Beach Resort & Golf! This stunner has the high-end finishes & custom detailing throughout that you expect. Too many features to mention: quartz counters, GE Cafe stainless appliances, dehumidifier, crown molding, wood-grain tile floors, soaker tub, laundry closet & designer touches everywhere. Open concept w/10' ceilings for a spacious feel. Offered beautifully furnished, this unit is turnkey and ready for rental or vacation use. Convenient ground floor location so you're just steps from the beach walkover, sparkling pool, golf course & renowned Black Marlin restaurant! Golf cart access, too! Located in the famous Palmilla Beach resort with world-renowned Arnold Palmer designed golf course just yards away! Lovely shaded patio for relaxing after a day at the beach, pool or on the !inks. Rental income over $18k from 7/15-9/30/18, projections over $60k/yr. 5-star guest rating! Taxes $6,549/yr, HOAs $673/mo include insurance!

Last Listed By

Tara Hogan

Mark Grosse Real Estate LLC License #0620385 Listed on: 07/26/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,625

Year Built

  • Built in 2015

Lot Details

  • Southeast Facing Home
  • Landscaped

HOA Fees

  • $673 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Olsen Elementary School
  • Brundrett Middle School
  • Port Aransas High School

Utilities

  • Air Filtration System
  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Spa
  • Covered patio or porch

Listing and Financial Details

  • Short Term Rentals Allowed
  • Legal Lot and Block Unit 102 / 1

Community Details

Overview

  • Association fees include cable TV, insurance, trash, water
  • Seagate Condo Subdivision
  • Community Lake

Recreation

  • Community Beach Access
  • Golf Course Community
  • Cabana
  • Heated In Ground Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,625

Year Built

Built in 2015

Lot Details

0

HOA Fees

$673 per month

Listing Details

  • Property Sub Type Additional: Condominium
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: n/a
  • Road Surface Type: Paved
  • Subdivision Name: Seagate Condo
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2015
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Air Filtration, Cable TV, Breakfast Bar, Kitchen Island
  • Living Area: 1390.0
  • Stories: 1
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Pool Features: Heated, In Ground, Pool
  • Pool Private: Yes
  • Direction Faces: Southeast
  • Exterior Features: Hot Tub/Spa
  • Foundation Details: Slab
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Patio
  • Roof: Shingle

Garage/Parking

  • Parking Features: Concrete, Rear/Side/Off Street
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Municipal Utilities

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed, Lake
  • Amenities: Beach Rights, Beach Access, Golf Course, Pool
  • Association Fee: 673.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Trash, Water

Schools

  • Elementary School: Olsen
  • Junior High Dist: Port Aransas ISD
  • High School: Port Aransas
  • Middle Or Junior School: Brundrett

Lot Info

  • Lot Size Sq Ft: 1385.0
  • Zoning Description: ST ok
  • Zoning: ST ok

Tax Info

  • Tax Block: 1
  • Tax Lot: Unit 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Johnson Stormy L and Johnson Shelley A
Bought by
137 Palmilla Circle 102 Trust
Total Days on Market
116
Current Estimated Value
$679,895

Purchase Details

Listed on
Jul 26, 2018
Closed on
Dec 14, 2018
Sold by
Liberty Trust Company Ltd
Bought by
Johnson Stormy L and Johnson Sheliey A
Seller's Agent
Tara Hogan
Mark Grosse Real Estate LLC
Buyer's Agent
Non MLS
NONMLS (NonMLS)
List Price
$479,900
Sold Price
$400,000
Premium/Discount to List
-$79,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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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
137 Palmilla Circle 102 Trust -- None Listed On Document
Johnson Stormy L -- First Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Stormy L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold -- -- --
11/20/2018 11/20/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $479,900 -- $345 / Sq Ft
Source: South Texas MLS

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 $8,625 $670,892 $103,950 $566,942
2023 $9,248 $731,817 $103,950 $627,867
2022 $8,157 $527,764 $56,133 $471,631
2021 $8,089 $477,106 $56,133 $420,973
2020 $7,212 $409,361 $56,133 $353,228
2019 $7,439 $400,000 $56,133 $343,867
2018 $4,045 $221,251 $56,133 $165,118
2017 $7,786 $426,600 $56,133 $370,467
2016 $6,549 $358,862 $56,133 $302,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 331903

South Texas MLS

APN: 537123