NOT LISTED FOR SALE

Estimated Value: $254,000 - $291,033

1 Bed
1 Bath
820 Sq Ft
$600/mo HOA Fee

Last Sold January 21, 2022

Current estimated payment $2,363/month

1 Day on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub
  • Oppe Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Saengerfest Park

About This Home

As of January 2022

Charming unfurnished condo (1x1) at the Historic Panama Hotel. This is the historic home you have been looking for! Features Include: Abundant Windows w/ Natural Light and 14' Ceilings, Wood Floors, Granite Countertops, Original Exposed Brick Walls, Veranda/Balcony w/ Attached Grill overlooking Tropical Pool, w/ view of the Strand area Cityscape, Stainless Appliances, Safe (In Closet) as well as Stacked Washer/Dryer. Your new home includes Wine Storage (in Wine Cellar) as well as Personal Storage. Controlled Vestibule of the front lobby w/ Fitness Center, Tropical Pool and additional Grilling Area. This property is on the Parade Route w/ view of Mardi Gras & Dickens Parades. Walking distance to Restaurants, Shops and Entertainment. Schedule your tour TODAY, this beautiful home will not last...

Last Agent to Sell the Property

Toni Vacker

Corcoran Prestige Realty License #0602582 Listed on: 12/20/2021

Last Buyer's Agent

Toni Vacker

Corcoran Prestige Realty License #0602582 Listed on: 12/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1898

Lot Details

  • 436

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 820 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in Utility Room
  • Stacked Washer and Dryer

Parking

  • Electric Gate
  • Assigned Parking
  • Controlled Entrance

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Exclusions: Personal Items

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, recreation facilities, sewer, trash, water
  • Rapp Management Association
  • Panama Historic Condos 2006 Subdivision

Recreation

  • Community Pool

Pet Policy

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,680

Year Built

Built in 1898

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Directions: I-45 South, to Galveston exit Harborside and turn left, continue to Rosenberg (25th Street) and turn right. The Panama is on the corner of Strand and Rosenberg across the street from Railroad Museum.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1898
  • Ownership: Full Ownership
  • Subdivision Name: Panama Historic Condos 2006
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Slate, Wood
  • Interior Amenities: Granite Counters, Jetted Tub, Kitchen/Dining Combo
  • Living Area: 820.0
  • Dining Room Type: Kitchen, Living Room
  • Stories: 4
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Exclusions: Personal Items
  • Roof: Composition
  • Pool Private: No
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Controlled Entrance, Electric Gate

Utilities

  • Laundry Features: Laundry in Utility Room, Stacked
  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Gated
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association Name: Rapp Management
  • Pets Allowed: Pet Restrictions

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water

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: 3680.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2006
Sold by
Mallett Paul W and Mallett Diane
Bought by
Kirwer Cris J
Current Estimated Value
$277,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$54,082
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,176

Purchase Details

Closed on
Oct 31, 2005
Sold by
Panama Venture Ltd
Bought by
Mallett Paul W and Mallett Diane
Source: Public Records

Range of Values:

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Average Value
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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
Kirwer Cris J -- Chicago Title Galveston
Mallett Paul W -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirwer Cris J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold -- -- --
12/22/2021 12/22/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $295,000 -- $360 / 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
2025 $3,171 $272,040 $6,970 $265,070
2024 $3,171 $317,230 $6,970 $310,260
2023 $3,171 $315,800 $6,970 $308,830
2022 $3,608 $178,980 $0 $0
2021 $3,680 $206,630 $6,970 $199,660
2020 $3,545 $206,170 $6,970 $199,200
2019 $3,316 $134,470 $6,970 $127,500
2018 $3,328 $134,470 $6,970 $127,500
2017 $3,288 $134,470 $6,970 $127,500
2016 $3,287 $134,460 $6,970 $127,490
2015 $2,373 $134,460 $6,970 $127,490
2014 $2,396 $128,090 $6,970 $121,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 50432077

Houston Association of REALTORS®

APN: 5584-0000-0201-000