$270,000
SOLD DEC 13, 2024
Last list price

15209 S Padre Island Dr Unit 702 Corpus Christi, TX 78418

Padre Island Neighborhood
1 Bed
1 Bath
720 Sq Ft
$491/mo HOA Fee

Recently Sold

$375 Per Sq Ft

522 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Breakfast Bar
  • Flour Bluff Intermediate Rated A-
  • Clubhouse
  • Landscaped

About This Home

As of December 2024

Charming 1 bedroom, 1 bathroom located in the coveted Palm Bay Village Complex. This fully furnished unit offers a remarkable opportunity for both comfortable living and a lucrative investment. Nestled within a tranquil complex, residents have access to a refreshing pool, perfect for taking a dip and soaking up the warm Texan sun. With its prime location, this unit presents an attractive option for those seeking a relaxing vacation spot, as it allows for short-term rentals, making it an ideal investment opportunity. The hassle-free rental pool arrangement ensures a smooth transition for those interested in generating income through vacation rentals. Take advantage of the high demand for short-term rentals in this sought-after location and experience the benefits of a valuable investment.

Last Agent to Sell the Property

Kristen Wise Henning

Keller Williams Coastal Bend License #0738319 Listed on: 06/05/2023

Keller Williams Coastal Bend

Last Buyer's Agent

Kristen Wise Henning

Keller Williams Coastal Bend License #0738319 Listed on: 06/05/2023

Keller Williams Coastal Bend

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,094

Year Built

  • Built in 2008

Lot Details

  • 2,535 Sq Ft Lot
  • Vinyl Fence
  • Landscaped

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Private Pool

Schools

  • Flour Bluff Elementary And Middle School
  • Flour Bluff High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Block 191

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • Palm Bay Village Subdivision

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,094

Year Built

Built in 2008

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Sub Type Additional: Townhouse
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: Palm Bay Village
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 2008
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Open Floorplan, Cable TV, Breakfast Bar
  • Living Area: 720.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Vinyl
  • Lot Features: Landscaped, Other
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Other, Landscaping
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Asphalt

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed, Common Grounds/Area
  • Amenities: Clubhouse, Pool
  • Association Fee: 491.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Schools

  • Elementary School: Flour Bluff
  • Junior High Dist: Flour Bluff ISD
  • High School: Flour Bluff
  • Middle Or Junior School: Flour Bluff

Lot Info

  • Lot Size Sq Ft: 2535.0

Tax Info

  • Tax Block: 191
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Dec 13, 2024
Sold by
Palmer Family Living Trust and Palmer Daniel Joseph
Bought by
Hatami-Fardy Alyeh Azali
Seller's Agent
Kristen Wise Henning
Keller Williams Coastal Bend
Buyer's Agent
Kristen Wise Henning
Keller Williams Coastal Bend
List Price
$270,000
Sold Price
$200,000
Premium/Discount to List
-$70,000
-25.93%
Views
209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%
Original Mortgage
$160,000
Outstanding Balance
$159,441
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$67,131

Purchase Details

Closed on
Oct 8, 2021
Sold by
Palmer Daniel Joseph & America Ingtyd
Bought by
Palmer Family Living Trust

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 24, 2018
Sold by
Finkhaus Lonnie and Finkhaus Carla Dee
Bought by
Palmer Daniel J and Palmer America I
Seller's Agent
ROXANNE URBAN
KW Coastal Bend - Island
Buyer's Agent
Cheri Sperling
Coastline Properties
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$112,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2012
Sold by
Kinn Alane G and Redford Nelda L
Bought by
Graham Karl C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2012
Sold by
Kinn Alane G
Bought by
Kinn Alane G and Radford Nelda L

Purchase Details

Closed on
Apr 30, 2008
Sold by
Haraldson Harold L
Bought by
Haraldson Harold L
Source: Public Records

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Range of Values:

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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
Deed -- Stewart Title
Deed -- Stewart Title
Warranty Deed -- None Listed On Document
Vendors Lien -- San Jacinto Title Services I
Vendors Lien -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $160,000 New Conventional
Previous Owner $112,500 New Conventional
Previous Owner $63,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $239,900 -0.8% $333 / Sq Ft
04/25/2025 04/25/25 Price Changed $241,900 -2.0% $336 / Sq Ft
04/05/2025 04/05/25 Price Changed $246,900 -1.2% $343 / Sq Ft
02/12/2025 02/12/25 Price Changed $249,900 -2.3% $347 / Sq Ft
02/04/2025 02/04/25 For Sale $255,900 +16.3% $355 / Sq Ft
12/13/2024 12/13/24 Sold -- -- --
11/15/2024 11/15/24 Pending -- -- --
09/21/2024 09/21/24 Price Changed $220,000 -8.3% $306 / Sq Ft
08/19/2024 08/19/24 Price Changed $240,000 -4.0% $333 / Sq Ft
04/19/2024 04/19/24 Price Changed $250,000 0.0% $347 / Sq Ft
02/08/2024 02/08/24 Price Changed $249,900 -2.0% $347 / Sq Ft
08/15/2023 08/15/23 Price Changed $255,000 +900.0% $354 / Sq Ft
08/15/2023 08/15/23 Price Changed $25,500 -90.2% $35 / Sq Ft
07/28/2023 07/28/23 Price Changed $259,500 -3.9% $360 / Sq Ft
06/11/2023 06/11/23 For Sale $270,000 +100.1% $375 / Sq Ft
07/25/2018 07/25/18 Sold -- -- --
06/25/2018 06/25/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $134,900 -0.1% $187 / Sq Ft
04/22/2015 04/22/15 Sold -- -- --
03/23/2015 03/23/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $135,000 -- $188 / 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 $5,094 $253,165 $18,998 $234,167
2023 $4,697 $239,600 $18,998 $220,602
2022 $4,769 $206,876 $12,665 $194,211
2021 $3,330 $135,672 $12,665 $123,007
2020 $3,098 $126,389 $12,665 $113,724
2019 $3,168 $126,278 $12,218 $114,060
2018 $3,148 $127,480 $12,218 $115,262
2017 $3,224 $130,660 $12,218 $118,442
2016 $3,163 $128,190 $12,218 $115,972
2015 $2,047 $124,560 $12,218 $112,342
2014 $2,047 $119,524 $12,218 $107,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 420417

South Texas MLS

APN: 374209