NOT LISTED FOR SALE

1802 Market St Galveston, TX 77550

Downtown Galveston Neighborhood

Estimated Value: $431,000 - $757,000

1 Bed
1 Bath
4,344 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 15, 2023

Current estimated payment $3,752/month

567 Days on Market

Highlights

  • East Facing Home
  • Wood Siding
  • No Heating
  • Oppe Elementary School Rated A-

About This Home

As of November 2023

Remarkable oversized very original Norwegian Seamen Lutheran Church. Circa 1927. Ideal for second floor studio and first floor studio space. Full lot very close to downtown. Much original woodwork throughout the property.
First floor has 2,304 square feet (CAD) and second floor has 2,040 square feet (CAD). Survey and elevation certificate available for review. Agents: please read Agent remarks.

Last Agent to Sell the Property

David Bowers

Better Homes and Gardens Real Estate Gary Greene - Galveston License #0399780 Listed on: 04/08/2022

Better Homes and Gardens Real Estate Gary Greene - Galveston

Last Buyer's Agent

Brian Kuhn

Coldwell Banker TGRE License #0615150

Coldwell Banker TGRE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1927

Lot Details

  • 5,160 Sq Ft Lot
  • East Facing Home

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units
  • Galveston Townsite Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: East On Broadway, once on Galveston Island. Left on 18th. The building is on your left at the corner of 18th and Market Streets
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1927
  • Subdivision Name: Galveston Townsite
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 4344.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Construction Type: Wood Siding
  • Direction Faces: East

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

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: 2021
  • Tax Annual Amount: 5166.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Nov 15, 2023
Sold by
Davila Gerardo
Bought by
Healing House Llc
Seller's Agent
David Bowers
Better Homes and Gardens Real Estate Gary Greene - Galveston
Buyer's Agent
Brian Kuhn
Coldwell Banker TGRE
List Price
$749,500
Views
300
Current Estimated Value
$568,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$368,000
Outstanding Balance
$346,820
Interest Rate
7.49%
Mortgage Type
Construction
Estimated Equity
$190,392

Purchase Details

Closed on
Feb 21, 2014
Sold by
George William Kelly
Bought by
Davila Gerardo
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
Healing House Llc -- Stewart Title
Davila Gerardo -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Healing House Llc $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold -- -- --
10/27/2023 10/27/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $495,000 -25.6% $114 / Sq Ft
09/25/2022 09/25/22 Price Changed $665,000 -3.6% $153 / Sq Ft
06/22/2022 06/22/22 Price Changed $690,000 -7.9% $159 / Sq Ft
04/08/2022 04/08/22 For Sale $749,500 -- $173 / 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 $7,961 $460,000 $190,400 $269,600
2023 $7,961 $564,820 $29,030 $535,790
2022 $5,040 $250,000 $29,030 $220,970
2021 $5,655 $250,000 $29,030 $220,970
2020 $8,976 $193,000 $29,030 $163,970
2019 $4,820 $195,450 $29,030 $166,420
2018 $7,373 $297,970 $29,030 $268,940
2017 $7,285 $297,970 $29,030 $268,940
2016 $3,985 $163,000 $29,030 $133,970
2015 $3,701 $149,520 $25,800 $123,720
2014 $3,055 $121,860 $25,800 $96,060
Source: Public Records

Agents Affiliated with this Home

  • David Bowers

    Seller's Agent in 2023

    David Bowers

    Better Homes and Gardens Real Estate Gary Greene - Galveston

    (409) 763-2800

    7 in this area

    171 Total Sales

    David Bowers
    Section Image
  • Brian Kuhn

    Buyer's Agent in 2023

    Brian Kuhn

    Coldwell Banker TGRE

    (409) 443-6306

    4 in this area

    73 Total Sales

    Brian Kuhn
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 93699411

Houston Association of REALTORS®

APN: 3505-0558-0008-000

Texas Galveston County Galveston 77550 Downtown Galveston

1802 Market St, Galveston, TX

This home is located at 1802 Market St, Galveston, TX 77550 since 08 April 2022 and is currently estimated at $568,019, approximately $130 per square foot. This property was built in 1927. 1802 Market St is a home located in Galveston County with nearby schools including Morgan Elementary Magnet School, Burnet STREAM Magnet School, and Parker Elementary School.

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