NOT LISTED FOR SALE

Estimated Value: $340,831 - $373,000

2 Beds
2 Baths
1,186 Sq Ft
$297/Sq Ft Est. Value

Highlights

  • Furnished
  • Community Pool
  • Spa Bath
  • Oppe Elementary School Rated A-
  • Fireplace
  • 2-minute walk to Saengerfest Park

About This Home

As of March 2013

Beautifully furnished two bedroom, two bath loft in the historic Panama Building, double master suites, controlled access to building, gated parking. Ready for immediate long term occupancy February 1. No pets please.

Property Details

Property Type

  • Timeshare

Est. Annual Taxes

  • $6,149

Year Built

  • 1898

Lot Details

  • 1,176

Home Design

  • Piling Construction

Interior Spaces

  • 1,186 Sq Ft Home
  • Furnished
  • Fireplace
  • Carpet
  • Security System Owned

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Spa Bath

Parking

  • Garage
  • No Garage
  • Garage Door Opener

Utilities

  • Central Air
  • No Heating
  • Electricity Not Available
  • Septic Tank

Listing and Financial Details

  • Property Available on 2/1/13

Community Details

Overview

  • Association Phone (409) 515-1412
  • Panama Lofts Condos
  • Property managed by GRER

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed In Building

Property Details

Property Type

Timeshare

Est. Annual Taxes

$6,149

Year Built

1898

Lot Details

0

Rental Info

  • Available Date: 2013-02-01

Listing Details

  • Property Sub Type: Timeshare
  • Prop. Type: Residential Lease
  • Building Name: Panama Lofts
  • Carport Y N: No
  • Garage Yn: No
  • NAV16_Elevator: N/A
  • NAV16_Alarm: N/A
  • NAV16_Mgt_Co_Phone: 409-515-1412
  • NAV16_Cable_TV: No
  • NAV16_Mgt_Co: GRER
  • NAV16_Util_Incl: No
  • NAV16_GasYN: No
  • NAV16_Pool_Svcs: No
  • NAV16_Assigned_Prkg: No
  • NAV16_Trash_Collection: No
  • Special Features: None
  • Year Built: 1898

Interior Features

  • Furnished: Furnished
  • Spa Features: Bath
  • Appliances: Range/Cooktop, Refrigerator, Disposal
  • Accessibility Features: Handicap Accessible Interior
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Fireplace
  • Living Area: 1186
  • NAV16_Ttl_Baths: 2
  • Room Bedroom2 Area: 156
  • Room Living Room Area: 210
  • Room Kitchen Area: 160
  • Master Bedroom Master Bedroom Width: 11
  • Room Master Bedroom Area: 154
  • Room Dining Room Area: 108

Exterior Features

  • Pool Features: Community
  • View: No
  • Foundation Details: Pilings

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Garage (None)

Utilities

  • Security: Security System Owned
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating Yn: No
  • Electricity On Property: No
  • Sewer: Septic Tank
  • Utilities: Water Connected, Sewer Connected

Condo/Co-op/Association

  • Amenities: Playground
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Baker John
Bought by
Pearson Christopher Allen and Pearson Laura Annette
Current Estimated Value
$352,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,625
Outstanding Balance
$109,695
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$242,513

Purchase Details

Closed on
Jun 4, 2008
Sold by
Mcbarnes Investments
Bought by
Baker John and Baker Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2005
Sold by
Panama Venture Ltd
Bought by
Mcbarnes Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.65%
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
Pearson Christopher Allen -- None Available
Baker John -- Stewart Title Company
Mcbarnes Investments -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Christopher Allen $167,625
Previous Owner Baker John $200,000
Previous Owner Mcbarnes Investments $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2013 03/01/13 Rented -- -- --
01/30/2013 01/30/13 Under Contract -- -- --
01/09/2013 01/09/13 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 $6,149 $304,990 $10,080 $294,910
2024 $6,149 $355,270 $10,080 $345,190
2023 $6,149 $353,670 $10,080 $343,590
2022 $6,454 $320,110 $10,080 $310,030
2021 $5,253 $232,220 $10,080 $222,140
2020 $5,553 $231,710 $10,080 $221,630
2019 $4,796 $194,470 $10,080 $184,390
2018 $4,812 $194,470 $10,080 $184,390
2017 $4,755 $194,470 $10,080 $184,390
2016 $4,755 $194,481 $10,081 $184,400
2015 $4,813 $194,481 $10,081 $184,400
2014 $4,645 $185,261 $10,081 $175,180
Source: Public Records

Map

Source: Galveston Association of REALTORS®

MLS Number: 20130098

APN: 5584-0000-0304-000