NOT LISTED FOR SALE

202 25th St Unit 204 Galveston, TX 77550

Downtown Galveston Neighborhood

Estimated Value: $340,837 - $375,000

2 Beds
2 Baths
1,186 Sq Ft
$600/mo HOA Fee

Last Sold June 30, 2022

Current estimated payment $3,007/month

58 Days on Market

Highlights

  • In Ground Pool
  • Quartz Countertops
  • Breakfast Bar
  • Oppe Elementary School Rated A-
  • Family Room Off Kitchen
  • 2-minute walk to Saengerfest Park

About This Home

As of June 2022

Welcome to the Historic Panama Lofts located in the famous and very popular Strand District. This building was built in 1912 and opened in 1913 as the Panama Hotel. In 2005 work began to convert it to lofts. Exposed brick, hardwood floors, high ceilings and tall windows are only a few of the beautiful characteristics of this 2 bedroom, 2 bath (split plan). This floor plan makes great use of the square footage. Recent upgrades throughout...lighting, flooring, bathroom updates, kitchen updates, etc. Building offers very nice amenities: controlled entry, elevator, fitness room, private wine storage, individual caged storage for beach toys, bikes, luggage, etc., lovely lobby with kitchenette and half bath, gated parking adjacent to the building, and pool. Walking distance to numerous restaurants, bars, museums, cruise terminals, shopping and more! Short term rentals are not allowed.

Last Agent to Sell the Property

Tanya Jones

Better Homes and Gardens Real Estate Gary Greene - Galveston License #0508793 Listed on: 04/20/2022

Better Homes and Gardens Real Estate Gary Greene - Galveston

Last Buyer's Agent

Devin Dickey

Joe Tramonte Realty, Inc. License #0682330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1912

Lot Details

  • 871

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Built-Up Roof
  • Stone Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 4-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Electric Gate
  • Paved Parking

Schools

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

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, sewer, trash, water
  • Leopold Strahan 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,798

Year Built

Built in 1912

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Directions: I45 becomes Broadway. (no left turn allowed on 25th) Left on 24th. Left on Mechanic. Right on 25th. Panama building on right at next corner.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1912
  • Ownership: Full Ownership
  • Subdivision Name: Panama Historic Condos 2006
  • Architectural Style: Other
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Kitchen/Family Room Combo, Quartz Counters
  • Living Area: 1186.0
  • Dining Room Type: Living Room
  • Stories: 4
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Built-Up
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick, Stone
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Electric Gate, Paved

Utilities

  • Laundry Features: 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
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association Name: Leopold Strahan
  • Pets Allowed: Pet Restrictions

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Structure, 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: 4798.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 27, 2022
Sold by
Mueller James Edward and Mueller Christina R
Bought by
Coffee Conex
Seller's Agent
Tanya Jones
Better Homes and Gardens Real Estate Gary Greene - Galveston
Buyer's Agent
Devin Dickey
Joe Tramonte Realty, Inc.
List Price
$399,000
Current Estimated Value
$357,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%

Purchase Details

Closed on
Mar 26, 2020
Sold by
Solon Associates Llc
Bought by
Muller James Edward and Muller Christina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Mattson William R and Mattson Carol Sue
Bought by
Solon Associates Llc

Purchase Details

Closed on
Aug 25, 2005
Sold by
Panama Venture Ltd
Bought by
Mattson Rlt William R
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
Coffee Conex -- Stewart Title
Muller James Edward -- Stewart Title
Solon Associates Llc -- Chicago Title West Beach
Mattson Rlt William R -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muller James Edward $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Off Market -- -- --
06/30/2022 06/30/22 Sold -- -- --
06/17/2022 06/17/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $365,000 -3.7% $308 / Sq Ft
05/10/2022 05/10/22 Price Changed $379,000 -5.0% $320 / Sq Ft
04/20/2022 04/20/22 For Sale $399,000 -- $336 / 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 $6,149 $301,192 $10,080 $291,112
2024 $6,149 $355,270 $10,080 $345,190
2023 $6,149 $353,670 $10,080 $343,590
2022 $5,150 $255,442 $0 $0
2021 $5,253 $232,220 $10,080 $222,140
2020 $5,553 $231,710 $10,080 $221,630
2019 $4,796 $194,470 $10,080 $184,390
2018 $4,812 $194,470 $10,080 $184,390
2017 $4,755 $194,470 $10,080 $184,390
2016 $4,755 $194,481 $10,081 $184,400
2015 $4,813 $194,481 $10,081 $184,400
2014 $3,134 $124,991 $10,081 $114,910
Source: Public Records

Agents Affiliated with this Home

  • Tanya Jones

    Seller's Agent in 2022

    Tanya Jones

    Better Homes and Gardens Real Estate Gary Greene - Galveston

    (409) 789-7222

    1 in this area

    51 Total Sales

    Tanya Jones
    Section Image
  • Devin Dickey

    Buyer's Agent in 2022

    Devin Dickey

    Joe Tramonte Realty, Inc.

    (713) 868-9300

    7 in this area

    27 Total Sales

    Devin Dickey
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 38119020

Houston Association of REALTORS®

APN: 5584-0000-0204-000

Texas Galveston County Galveston 77550 Downtown Galveston

202 25th St Unit 204, Galveston, TX

This home is located at 202 25th St Unit 204, Galveston, TX 77550 since 20 April 2022 and is currently estimated at $357,459, approximately $301 per square foot. This property was built in 1912. 202 25th St Unit 204 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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