Price Undisclosed
SOLD FEB 19, 2025
2 Beds
2 Baths
1,885 Sq Ft
$946/mo HOA Fee

Recently Sold

$207 Per Sq Ft

6 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Museum District Northbound
  • Family Room Off Kitchen
  • Terrace
  • Balcony
  • Card or Code Access

About This Home

As of February 2025

Il Palazzo, the stunning Museum District mid-rise in the heart of the city, where you can walk to the most fabulous entertainment, award winning restaurants, beautiful museums, Hermann Park and even the zoo. This property offers an unparalleled lifestyle of elegance and convenience. The "cool factor" and the awesome neighbors are a bonus.
502 welcomes you with an expansive open floor plan and gorgeous views. This home has been treated with love and was meticulously maintained. Whatever your specific taste or decor, this sophisticated, magazine worthy home is a dream as it was so thoughtfully upgraded with timeless neutral finishes. These coveted residences don't come available often and certainly not at this extraordinary value! A true opportunity!

Last Agent to Sell the Property

Mitzie Shirley

Mitzie Shirley, Broker License #0541587 Listed on: 01/12/2025

Last Buyer's Agent

Stormy Hayes-Knipe

Martha Turner Sotheby's International Realty License #0513454

Martha Turner Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,650

Year Built

  • Built in 1999

HOA Fees

  • $946 Monthly HOA Fees

Interior Spaces

  • 1,885 Sq Ft Home
  • Family Room Off Kitchen

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking
  • Controlled Entrance

Outdoor Features

  • Terrace

Schools

  • Macgregor Elementary School
  • Cullen Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common area insurance, ground maintenance, maintenance structure, sewer, water
  • First Service Residential Association
  • Il Palazzo Condos
  • Il Palazzo Condo Amd Subdivision

Amenities

  • Concierge
  • Doorman

Pet Policy

  • The building has rules on how big a pet can be within a unit

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,650

Year Built

Built in 1999

Lot Details

0

HOA Fees

$946 per month

Listing Details

  • Directions: Museum District - Between Austin and La Branch on Calumet
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1999
  • Ownership: Full Ownership
  • Subdivision Name: Il Palazzo Condo Amd
  • Entry Level: 5
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo
  • Living Area: 1885.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Pool Private: No
  • Exterior Features: Balcony
  • Patio And Porch Features: Terrace

Garage/Parking

  • Park Building Name: IL PALAZZO
  • Parking Features: Assigned, Controlled Entrance
  • Total Parking Spaces: 2.0

Utilities

  • Security: Door Man, Key Card Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Concierge
  • Association Fee: 946.0
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Pets Allowed: Pet Restrictions

Fee Information

  • Association Fee Includes: Common Area Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Water

Schools

  • Elementary School: MACGREGOR ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: CULLEN MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8650.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2025
Closed on
Feb 11, 2025
Sold by
Nelson Patricia
Bought by
Deadrick Lajuanda June
Seller's Agent
Mitzie Shirley
Mitzie Shirley, Broker
Buyer's Agent
Stormy Hayes-Knipe
Martha Turner Sotheby's International Realty
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Views
23
Current Estimated Value
$390,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,770
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 29, 2021
Sold by
Leri Robert and Leri Wallee A
Bought by
Nelson Patricia
Seller's Agent
Kimberly Buish
JLA Realty
Buyer's Agent
Mitzie Shirley
Mitzie Shirley, Broker
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Il Palazzo 1998 Llc
Bought by
Oshaughnessy Brendan J and Oshaughnessy Josephine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.72%
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 Type Sale Price Title Company
Warranty Deed -- Great American Title Company
Warranty Deed -- Capital Title
Vendors Lien -- Charter Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold -- -- --
01/18/2025 01/18/25 Pending -- -- --
01/12/2025 01/12/25 For Sale $390,000 -2.5% $207 / Sq Ft
11/02/2021 11/02/21 Sold -- -- --
10/03/2021 10/03/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $399,900 -- $212 / Sq Ft
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 $689 $415,412 $78,928 $336,484
2023 $689 $369,230 $70,154 $299,076
2022 $8,555 $369,230 $70,154 $299,076
2021 $9,091 $390,048 $74,109 $315,939
2020 $9,894 $390,048 $74,109 $315,939
2019 $9,223 $348,633 $66,240 $282,393
2018 $8,008 $316,461 $60,128 $256,333
2017 $8,366 $316,461 $60,128 $256,333
2016 $8,394 $317,521 $69,662 $247,859
2015 $6,622 $366,641 $69,662 $296,979
2014 $6,622 $257,611 $48,946 $208,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 26218793

Houston Association of REALTORS®

APN: 1205550050003