NOT LISTED FOR SALE

Estimated Value: $305,000 - $366,000

2 Beds
1 Bath
1,171 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 18, 2020

Current estimated payment $1,978/month

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 2-minute walk to Saengerfest Park
  • Oppe Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2020

The Panama is a Historic hotel made into Condos. it is located in the Strand district with Restaurants and shops. GREAT LOCATION. This is a great corner condo has granite countertops and stainless steel appliances.A beautiful lobby available for parties and a private pool. Gated parking behind the building

Last Buyer's Agent

Anthony Jensen

Zapp Realty License #0593618

Property Details

Property Type

  • Timeshare

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 2006

Lot Details

  • 1,176

Parking

  • Assigned Parking

Interior Spaces

  • 1,171 Sq Ft Home
  • 3-Story Property
  • Elevator

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • Association Phone (409) 763-4323
  • Panama Lofts Condos
  • Property managed by Rapp Management

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $568

Property Details

Property Type

Timeshare

Est. Annual Taxes

$2,868

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Timeshare
  • Prop. Type: Residential
  • Directions: 25th (Rosenberg) between Strand and Mechanic
  • Building Name: Panama Lofts
  • Unit Levels: Three Or More
  • Year Built: 2006
  • NAV16_Elevator: Yes
  • NAV16_Alarm: No
  • NAV16_Mgt_Co_Phone: 409-763-4323
  • NAV16_Mgt_Co: Rapp Management
  • NAV16_Mntc_Fee_Per: Month
  • NAV16_Assigned_Prkg: Yes
  • Special Features: None

Interior Features

  • Furnished: Case by Case
  • Total Bedrooms: 2
  • Entry Location: Second Floor
  • Living Area: 1171
  • NAV16_Ttl_Baths: 1
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 132
  • Room Living Room Area: 165
  • Room Kitchen Area: 150
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 208

Exterior Features

  • View: No

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Central Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 568

Tax Info

  • Tax Annual Amount: 2868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jan 14, 2016
Sold by
Thomas Lawrence A and Thomas Patricia W
Bought by
Lewandowski Patricia G
List Price
$205,000
Current Estimated Value
$324,893

Purchase Details

Closed on
Aug 29, 2005
Sold by
Panama Venture Ltd
Bought by
Thomas Lawrence A and Thomas Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
5.81%
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
Lewandowski Patricia G -- Stewart Title
Thomas Lawrence A -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Lawrence A $197,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold -- -- --
01/19/2020 01/19/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $220,000 +7.3% $188 / Sq Ft
01/20/2016 01/20/16 Sold -- -- --
01/08/2016 01/08/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $205,000 -- $208 / Sq Ft
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
2025 $3,057 $299,550 $8,360 $291,190
2024 $3,057 $282,838 -- --
2023 $3,057 $257,125 $0 $0
2022 $4,713 $233,750 $0 $0
2021 $5,150 $227,690 $8,360 $219,330
2020 $5,000 $227,190 $8,360 $218,830
2019 $4,696 $190,420 $8,360 $182,060
2018 $4,712 $190,420 $8,360 $182,060
2017 $4,656 $190,420 $8,360 $182,060
2016 $4,656 $190,434 $8,364 $182,070
2015 $3,994 $161,354 $8,364 $152,990
2014 $4,046 $161,354 $8,364 $152,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Galveston Association of REALTORS®

MLS Number: 20200169

APN: 5584-0000-0203-000