NOT LISTED FOR SALE

Estimated Value: $299,000 - $357,000

2 Beds
1 Bath
997 Sq Ft
$330/Sq Ft Est. Value

Highlights

  • Private Pool
  • The property is located in a historic district
  • Corner Lot
  • Oppe Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Saengerfest Park

About This Home

As of March 2021

Formerly known as the Panama Hotel, was converted into residential condominiums in 2005. Walking distance to shops, restaurants, art galleries and UTMB. The building was updated with modern amenities, including an exercise/weight room, as well as a lobby with a community kitchenette, as well as seating for guests, barbecue and pool. This unit is located on the 3rd floor. This condo has an open concept for the kitchen and dining room, with vaulted ceilings throughout. There are 5 large windows in the kitchen, with stainless steel appliances, including (stove, refrigerator, dishwasher, microwave) as well as granite in the kitchen for the island and counter tops. Exposed brick in the kitchen and both bedrooms. Hardwood floors in kitchen, dining and hallways. Carpet in both bedrooms. Walk in closet in guest bedroom. Stack-able washer/dryer in

Property Details

Property Type

  • Timeshare

Est. Annual Taxes

  • $3,575

Year Built

  • 1898

Lot Details

  • 1,176

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 997 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Detached Carport Space

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Private Pool
  • Corner Lot
  • The property is located in a historic district

Listing and Financial Details

  • Security Deposit $1,850
  • Property Available on 1/1/21
  • $50 Application Fee

Community Details

Overview

  • Panama Lofts Condos
  • Property managed by The House Company

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Property Type

Timeshare

Est. Annual Taxes

$3,575

Year Built

1898

Lot Details

0

Rental Info

  • Available Date: 2021-01-01

Listing Details

  • Property Sub Type: Timeshare
  • Prop. Type: Residential Lease
  • Directions: 25th(Rosenberg) between Strand and Mechanic
  • Building Name: Panama Lofts
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Gas Water Heater
  • NAV16_Elevator: N/A
  • NAV16_HistoricConservationDistrict: Strand/Mechanic Historic District
  • NAV16_Alarm: N/A
  • NAV16_Mgt_Co_Phone: The House Comap
  • NAV16_Cable_TV: No
  • NAV16_App_Fee: 50
  • NAV16_Mgt_Co: The House Company
  • NAV16_Util_Incl: No
  • NAV16_GasYN: No
  • NAV16_Scrty_Dep: 1850
  • NAV16_Pool_Svcs: No
  • NAV16_Water: Yes
  • NAV16_Assigned_Prkg: No
  • NAV16_Trash_Collection: No
  • Special Features: None
  • Year Built: 1898

Interior Features

  • Furnished: Unfurnished
  • Appliances: Washer, Dryer
  • Total Bedrooms: 2
  • Entry Location: Third Floor
  • Flooring: Wood
  • Living Area: 997
  • NAV16_Ttl_Baths: 1
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 150
  • Room Living Room Area: 140
  • Room Kitchen Area: 126
  • Master Bedroom Master Bedroom Width: 17
  • Room Master Bedroom Area: 221

Exterior Features

  • Fencing: See Remarks
  • Lot Features: Corner Lot, Historic District
  • Pool Features: Outdoor Pool, Community
  • View: See Remarks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Carport

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Central Electric
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Yes
  • Utilities: Cable Available, Sewer Available, Sewer Connected, Water Available, Electricity Available

Condo/Co-op/Association

  • Pets Allowed: Case by Case

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Howard Ho J
Bought by
Wooten Noel C and Wooten Crysta
Current Estimated Value
$327,828

Purchase Details

Closed on
Oct 14, 2005
Sold by
Panama Venture Ltd
Bought by
Ho J Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Wooten Noel C -- Stewart Title
Ho J Howard -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho J Howard $163,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Rented -- -- --
01/30/2021 01/30/21 Under Contract -- -- --
12/16/2020 12/16/20 For Rent -- -- --
Source: Galveston 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 $3,575 $350,780 $9,950 $340,830
2023 $3,575 $347,666 $0 $0
2022 $6,372 $316,060 $9,950 $306,110
2021 $5,186 $229,280 $9,950 $219,330
2020 $5,483 $228,780 $9,950 $218,830
2019 $4,735 $192,010 $9,950 $182,060
2018 $4,751 $192,010 $9,950 $182,060
2017 $4,695 $192,010 $9,950 $182,060
2016 $4,695 $192,024 $9,954 $182,070
2015 $4,753 $192,024 $9,954 $182,070
2014 $4,815 $192,024 $9,954 $182,070
Source: Public Records

Map

Source: Galveston Association of REALTORS®

MLS Number: 20202294

APN: 5584-0000-0303-000