$275,000
SOLD SEP 18, 2024
Last list price
-- Bed
-- Bath
3,412 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

113 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Window Unit Heating System
  • Oppe Elementary School Rated A-

About This Home

As of September 2024

The location is fantastic for this Multi-family/Commercial use with wonderful options to make it whatever you desire. Parking spaces on one side. The complex is just a few blocks from the Seawall on a prime corner lot and has street frontage. The potential to have 2-3 income streams with commercial and residential mix. Call for your showing today!

Last Agent to Sell the Property

Lisa Carnes

Carnes Realty Group LLC License #0534429 Listed on: 05/25/2024

Last Buyer's Agent

John Pham

Realm Real Estate Professionals - Katy License #0643777

Realm Real Estate Professionals - Katy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1960

Lot Details

  • 2,500 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 4 Units
  • Galveston Outlots Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,819

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Take I-45S to Broadway. Take a right on 21st street. Take a left on Avenue N 1/2.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1960
  • Subdivision Name: Galveston Outlots
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Living Area: 3412.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Lot Features: Corner Lot
  • Construction Type: Cement Siding

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

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: 3819.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Sep 18, 2024
Sold by
Thompson Lori
Bought by
1518Wealthformula Llc
Seller's Agent
Lisa Carnes
Carnes Realty Group LLC
Buyer's Agent
John Pham
Realm Real Estate Professionals - Katy
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.48%

Purchase Details

Closed on
Apr 5, 2024
Sold by
Leva Steve
Bought by
Thompson Lori

Purchase Details

Closed on
Aug 10, 2022
Sold by
Ray Villarreal and Ray Kenneth
Bought by
Property Research Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2014
Sold by
Carter Toby D and Carter Toby Dale
Bought by
Mcgee Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2008
Sold by
Moody National Bank
Bought by
Faust James E

Purchase Details

Closed on
Mar 4, 2008
Sold by
Samuels Restoration & Interior Design In
Bought by
Moody National Bank
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Trustee Deed $360,000 None Listed On Document
Deed -- South Land Title Company
Vendors Lien -- Stewart Title
Warranty Deed -- Chicago Title Galveston
Trustee Deed $100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $129,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Price Changed $339,000 0.0% $99 / Sq Ft
05/24/2025 05/24/25 For Sale $339,000 -3.1% $99 / Sq Ft
05/19/2025 05/19/25 Off Market -- -- --
05/06/2025 05/06/25 Price Changed $350,000 -5.1% $103 / Sq Ft
04/26/2025 04/26/25 Price Changed $369,000 -2.8% $108 / Sq Ft
04/25/2025 04/25/25 For Sale $379,500 0.0% $111 / Sq Ft
04/22/2025 04/22/25 Off Market -- -- --
04/14/2025 04/14/25 Price Changed $379,500 -1.4% $111 / Sq Ft
03/24/2025 03/24/25 For Sale $385,000 +40.0% $113 / Sq Ft
09/18/2024 09/18/24 Sold -- -- --
09/16/2024 09/16/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $275,000 0.0% $81 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $275,000 -29.3% $81 / Sq Ft
05/25/2024 05/25/24 For Sale $389,000 -- $114 / 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
2024 $3,934 $470,630 $44,380 $426,250
2023 $3,934 $189,430 $30,630 $158,800
2022 $2,150 $106,666 $0 $0
2021 $2,193 $189,430 $30,630 $158,800
2020 $2,113 $100,730 $12,500 $88,230
2019 $1,976 $80,140 $12,500 $67,640
2018 $1,983 $80,140 $12,500 $67,640
2017 $1,959 $80,140 $12,500 $67,640
2016 $1,959 $80,130 $12,500 $67,630
2015 $1,911 $77,200 $12,500 $64,700
2014 $1,788 $71,320 $12,500 $58,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 70862183

Houston Association of REALTORS®

APN: 3510-0044-2001-001