NOT LISTED FOR SALE

Estimated Value: $278,000 - $368,000

2 Beds
2 Baths
1,086 Sq Ft
1,089 Sq Ft Lot

Highlights

  • Wood Flooring
  • Community Pool
  • Stacked Washer and Dryer
  • Oppe Elementary School Rated A-
  • Central Heating and Cooling System
  • 2-minute walk to Saengerfest Park

About This Home

As of November 2020

Great loft on the Strand and Rosenburg. One gated parking space per unit. The Panama Historic building has had a rich, colorful existence in Galveston's lively Strand area. Walking distance to Galveston's great restaurants and entertainment night life scene. Property has a pool with grills to entertain on a beautiful Galveston day. Gym inside building. Additional storage unit and locked wine rack per unit. Come see it today!

Last Agent to Rent the Property

Eric Tucker

Joe Tramonte Realty, Inc. License #0633679 Listed on: 10/20/2020

Last Renter's Agent

Eric Tucker

Joe Tramonte Realty, Inc. License #0633679 Listed on: 10/20/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,613

Year Built

  • Built in 1898

Lot Details

  • 1,089

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property Available on 12/1/20
  • 12 Month Lease Term

Community Details

Overview

  • Panama Association
  • Mid-Rise Condominium
  • Panama Historic Condos
  • Panama Historic Condos 2006 Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,613

Year Built

Built in 1898

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2020-12-01

Listing Details

  • Directions: I 45 South to Braodway. Left on 25th Street (Rosenburg). Property on right at corner of The Strand Street and Rosenburg
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Year Built: 1898
  • Subdivision Name: Panama Historic Condos 2006
  • Architectural Style: Mid Rise
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Refrigerator, Washer
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1086.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Lot Features: Other
  • Pool Private: No

Garage/Parking

  • Park Building Name: PANAMA HISTORIC CONDOS

Utilities

  • Utilities: Cable Available, Sewer Available, Trash Collection, Water Available
  • Laundry Features: Washer Hookup, Stacked
  • 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 Name: Panama
  • Pets Allowed: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2008
Sold by
Simpson Albert J
Bought by
Douglas Jeffrey S
Current Estimated Value
$315,129

Purchase Details

Closed on
Nov 10, 2005
Sold by
Panama Venture Ltd
Bought by
Simpson Albert J and Douglas Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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
Douglas Jeffrey S -- None Available
Simpson Albert J -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpson Albert J $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Rented $1,700 0.0% --
10/21/2020 10/21/20 Under Contract -- -- --
10/20/2020 10/20/20 For Rent $1,700 -- --
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 $5,613 $324,320 $9,230 $315,090
2023 $5,613 $324,318 $9,230 $315,088
2022 $5,886 $291,964 $9,230 $282,734
2021 $5,040 $222,820 $9,230 $213,590
2020 $5,328 $222,330 $9,230 $213,100
2019 $4,391 $178,080 $9,230 $168,850
2018 $4,407 $178,080 $9,230 $168,850
2017 $4,354 $178,080 $9,230 $168,850
2016 $4,354 $178,081 $9,231 $168,850
2015 $4,408 $178,081 $9,231 $168,850
2014 $4,465 $178,081 $9,231 $168,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 17537914

Houston Association of REALTORS®

APN: 5584-0000-0302-000