NOT LISTED FOR SALE

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

1 Bed
1 Bath
820 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 15, 2014

Current estimated payment $1,976/month

439 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Balcony
  • Oppe Elementary School Rated A-
  • No HOA
  • 2-minute walk to Saengerfest Park

About This Home

As of August 2014

Immaculate corner 1/1 condo in the historic Panama. Bright open concept, great views of The Strand from all windows and balcony, exposed brick, granite kitchen countertop, recessed lighting, hardwood floors throughout, stainless appliances, mounted flat screen TV stays, stacked washer and dryer stays, jacuzzi tub. Furniture negotiable. Building offers basement wine storage, exercise room, gated parking area and swimming pool. Take advantage of the excellent Strand location and all it has to offer.

Last Agent to Sell the Property

Vincent Tramonte

Joe Tramonte Realty License #0356657 Listed on: 05/02/2013

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 1989

Lot Details

  • 828

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 820 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom located in the basement
  • 1 Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony

Additional Features

  • Wrought Iron Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 558400000401000
  • Special Tax Authority

Community Details

Overview

  • No Home Owners Association
  • Association Phone (281) 890-4715
  • Property managed by PANAMA CONDOS

Recreation

  • Community Pool
  • Community Spa

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,312

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Downtown
  • Prop. Type: Residential
  • Directions: Traveling south on I-45, take a left on 25th St. Continue on 25th St and property will be on the corner of 25th St and The Strand.
  • Building Name: Panama Lofts
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Year Built: 1989
  • NAV16_Elevator: Yes
  • NAV16_Alarm: No
  • NAV16_Mgt_Co_Phone: 281-890-4715
  • NAV16_Mgt_Co: PANAMA CONDOS
  • NAV16_Mntc_Fee_Per: Month
  • NAV16_Assigned_Prkg: No
  • Special Features: None

Interior Features

  • Spa Features: Bath, Community
  • Appliances: Range/Cooktop, Refrigerator, Microwave, Disposal, Dishwasher, Washer, Dryer
  • Total Bedrooms: 1
  • Entry Location: Other
  • Flooring: Wood, Tile
  • Interior Amenities: Elevator, Ceiling Fan(s)
  • Living Area: 820
  • NAV16_Ttl_Baths: 1
  • Master Bedroom Master Bedroom Level: Lower
  • Room Living Room Area: 165
  • Room Kitchen Area: 104
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 144

Exterior Features

  • Fencing: Ornamental Iron
  • Pool Features: Swim Pool, Community
  • View: No
  • Construction Type: Brick
  • Exterior Features: Balcony, Storage
  • Foundation Details: Slab
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage (None)

Utilities

  • Security: Fire Escape, Smoke Detector(s)
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Central Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Special Fees/Assessment, Elevators
  • Association: No
  • Pets Allowed: Pets Allowed

Lot Info

  • Parcel #: 558400000401000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Maintenance Expense: 532

Tax Info

  • Tax Annual Amount: 3312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Mogull Scott Alexander
Bought by
Mitts Andrew Edward
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.
Original Mortgage
$243,000
Outstanding Balance
$239,778
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$23,855

Purchase Details

Listed on
May 2, 2013
Closed on
Aug 15, 2014
Sold by
Fortes Paul F and Ivey Richard T
Bought by
Anderson Harlene and Anderson David Shine
Seller's Agent
Vincent Tramonte
Joe Tramonte Realty
Buyer's Agent
Non Member
Non Member
List Price
$179,500

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
08/15/2014 08/15/14 Sold -- -- --
07/16/2014 07/16/14 Pending -- -- --
05/02/2013 05/02/13 For Sale $179,500 -- $219 / 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 $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: Galveston Association of REALTORS®

MLS Number: 20131463

APN: 5584-0000-0401-000