NOT LISTED FOR SALE

Estimated Value: $267,097 - $326,000

1 Bed
1 Bath
820 Sq Ft
$650/mo HOA Fee

Last Sold May 20, 2024

Current estimated payment $2,626/month

41 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Bathtub with Shower
  • Oppe Elementary School Rated A-
  • Home Gym
  • 2-minute walk to Saengerfest Park

About This Home

As of May 2024

This corner unit has an open floor plan, recessed lighting, ceiling fans, brick walls, electric range with an oven, built-in microwave, dishwasher, under-cabinet lighting, a utility closet, wood flooring , and a bathroom with a single vanity, storage, shower/jetted tub, and tile flooring. The large windows provide ample natural light. There is a secure lobby with sitting areas, a fitness center, a pool, and a grilling area. There is secured storage for this unit on the ground floor. Adjacent to The Strand; it's walking distance to restaurants, entertainment, and shops. Convenience, style, and location are all here. No other area condominium offers quite as many amenities.

Last Agent to Sell the Property

Robert Zahn

Coldwell Banker TGRE License #0502610 Listed on: 03/11/2024

Coldwell Banker TGRE

Last Buyer's Agent

Davy Herrin

Better Homes and Gardens Real Estate Gary Greene - Galveston License #0630048

Better Homes and Gardens Real Estate Gary Greene - Galveston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,519

Year Built

  • Built in 1898

Lot Details

  • 828

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 820 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Unassigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, recreation facilities, sewer, trash, water
  • Panama Condos Association
  • Panama Historic Condos
  • Panama Historic Condos 2006 Subdivision

Recreation

  • Community Pool

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,519

Year Built

Built in 1898

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Directions: Breadway to 25th. 25th towards the harbor. On right at Strand.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1898
  • Ownership: Full Ownership
  • Subdivision Name: Panama Historic Condos 2006
  • Entry Level: 4
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Interior Amenities: Elevator, Tub Shower, Ceiling Fan(s)
  • Living Area: 820.0
  • Dining Room Type: Living Room, Exercise Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Pool Private: No

Garage/Parking

  • Park Building Name: PANAMA HISTORIC CONDOS
  • Parking Features: Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 650.0
  • Association Fee Frequency: Monthly
  • Association Name: Panama Condos

Fee Information

  • Association Fee Includes: Cable TV, 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: 2023
  • Tax Annual Amount: 5519.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 17, 2024
Sold by
Mogull Scott Alexander
Bought by
Mitts Andrew Edward
Seller's Agent
Robert Zahn
Coldwell Banker TGRE
Buyer's Agent
Davy Herrin
Better Homes and Gardens Real Estate Gary Greene - Galveston
List Price
$329,000
Views
94
Current Estimated Value
$286,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.75%
Original Mortgage
$243,000
Outstanding Balance
$239,778
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$23,855

Purchase Details

Closed on
Aug 15, 2014
Sold by
Fortes Paul F and Ivey Richard T
Bought by
Anderson Harlene and Anderson David Shine

Purchase Details

Closed on
Mar 24, 2006
Sold by
Panama Venture Ltd
Bought by
Fortes Paul F and Ivey Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
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
Mitts Andrew Edward -- Texas American Title Company
Anderson Harlene -- First American Title
Fortes Paul F -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitts Andrew Edward $243,000
Previous Owner Fortes Paul F $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold -- -- --
04/22/2024 04/22/24 Pending -- -- --
03/17/2024 03/17/24 Price Changed $300,000 -8.8% $366 / Sq Ft
03/11/2024 03/11/24 For Sale $329,000 -1.8% $401 / Sq Ft
04/28/2023 04/28/23 Sold -- -- --
04/03/2023 04/03/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $335,000 -- $409 / 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 $5,490 $312,830 $6,970 $305,860
2024 $5,490 $317,230 $6,970 $310,260
2023 $5,490 $315,800 $6,970 $308,830
2022 $5,759 $285,630 $6,970 $278,660
2021 $4,674 $206,630 $6,970 $199,660
2020 $4,941 $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 $3,328 $134,460 $6,970 $127,490
2014 $3,212 $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: 16985902

Houston Association of REALTORS®

APN: 5584-0000-0401-000