NOT LISTED FOR SALE

Estimated Value: $290,794 - $372,000

2 Beds
2 Baths
1,086 Sq Ft
$298/Sq Ft Est. Value

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Garage
  • Oppe Elementary School Rated A-
  • Central Heating and Cooling System
  • 2-minute walk to Saengerfest Park

About This Home

As of October 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!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,613

Year Built

  • 1898

Lot Details

  • 1,089

Interior Spaces

  • 1,086 Sq Ft Home
  • Elevator
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Assigned Parking

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Electricity Not Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,695
  • Property Available on 12/1/20
  • Utilities Included
  • 12 Month Lease Term
  • $35 Application Fee

Community Details

Overview

  • Property managed by Panama

Recreation

  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,613

Year Built

1898

Lot Details

0

Rental Info

  • Available Date: 2020-12-01

Listing Details

  • Property Sub Type: Single Family Lease
  • Prop. Type: Residential Lease
  • Directions: I 45 South to Braodway. Left on 25th Street (Rosenburg). Property on right at corner of The Strand Street and Rosenburg
  • Building Name: Panama Lofts
  • Garage Yn: Yes
  • NAV16_Elevator: Yes
  • NAV16_HistoricConservationDistrict: Strand/Mechanic Historic District
  • NAV16_Alarm: N/A
  • NAV16_Rntl_Term: 1 year
  • NAV16_Mgt_Co_Phone: none
  • NAV16_Cable_TV: Yes
  • NAV16_App_Fee: 35
  • NAV16_Mgt_Co: Panama
  • NAV16_Util_Incl: Yes
  • NAV16_GasYN: No
  • NAV16_Scrty_Dep: 1695
  • NAV16_Pool_Svcs: Yes
  • NAV16_Water: Yes
  • NAV16_Assigned_Prkg: Yes
  • NAV16_Trash_Collection: Yes
  • Special Features: None
  • Year Built: 1898

Interior Features

  • Furnished: Unfurnished
  • Appliances: Range/Cooktop, Refrigerator, Washer, Dryer, Disposal, Dishwasher
  • Total Bedrooms: 2
  • Entry Location: Third Floor
  • Flooring: Wood
  • Living Area: 1086
  • NAV16_Ttl_Baths: 2

Exterior Features

  • View: No

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Central Electric
  • Heating Yn: Yes
  • Electricity On Property: No

Condo/Co-op/Association

  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Douglas Jeffrey S and Douglas Jeffrey Steven
Bought by
Douglas Family Trust and Douglas
Current Estimated Value
$323,699

Purchase Details

Closed on
Feb 19, 2008
Sold by
Simpson Albert J
Bought by
Douglas Jeffrey S

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 Family Trust -- None Listed On Document
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
10/20/2020 10/20/20 For Rent -- -- --
10/20/2020 10/20/20 Rented -- -- --
12/07/2016 12/07/16 Rented -- -- --
11/07/2016 11/07/16 Under Contract -- -- --
06/01/2016 06/01/16 For Rent -- -- --
05/31/2014 05/31/14 Rented -- -- --
05/01/2014 05/01/14 Under Contract -- -- --
04/04/2014 04/04/14 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
2025 $5,613 $292,780 $9,230 $283,550
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

Map

Source: Galveston Association of REALTORS®

MLS Number: 20202048

APN: 5584-0000-0302-000