NOT LISTED FOR SALE

Estimated Value: $334,376 - $374,000

2 Beds
2 Baths
1,046 Sq Ft
$334/Sq Ft Est. Value

Last Sold January 25, 2019

Current estimated payment $2,191/month

79 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating
  • Oppe Elementary School Rated A-
  • Cooling Available
  • Wrought Iron Fence

About This Home

As of January 2019

This is your chance to own a loft in Galveston's Historic Downtown area with all the perks of gated entry, assigned parking, and an elevator but with the added bonus of not being right on the Strand or other congested/party areas. You could own one of the just 7 condos in this historic Galveston Electric Company building that was remodeled in 2006. This unit is perfect for those looking for wonderful natural light streaming in the oversized windows. With two bedrooms each with their own spacious bath/closet areas that are divided by a generous living space. Modern kitchen includes washer/dryer combo. Make your appointment today to see this units historic charm blended with up-to-date and secure conveniences.

Last Agent to Sell the Property

Ruthi Stayton

Galveston Island Real Estate, Llc License #0581952 Listed on: 10/07/2018

Last Buyer's Agent

John Moran

Joe Tramonte Realty License #0268178

Property Details

Property Type

  • Timeshare

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1917

Lot Details

  • Wrought Iron Fence

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,046 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Dryer

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 350800000002300

Community Details

Overview

  • No Home Owners Association
  • Association Phone (713) 662-3150
  • Galveston Electric Condos
  • Property managed by Galveston Electric Company Lofts

Building Details

  • Maintenance Expense $485

Property Details

Property Type

Timeshare

Est. Annual Taxes

$4,316

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub Type: Timeshare
  • Prop. Type: Residential
  • Directions: I45 south, turn left on 21st Street, Left on Church St. Electric Company Building on the right.
  • Building Name: Galveston Electric
  • Unit Levels: Three Or More
  • Year Built: 1917
  • NAV16_Elevator: Yes
  • NAV16_Alarm: N/A
  • NAV16_Mgt_Co_Phone: 713.662.3150
  • NAV16_Mgt_Co: Galveston Electric Company Lofts
  • NAV16_Mntc_Fee_Per: Month
  • NAV16_Assigned_Prkg: Yes
  • Special Features: None

Interior Features

  • Appliances: Range/Cooktop, Refrigerator, Microwave, Disposal, Dryer
  • Total Bedrooms: 2
  • Entry Location: Second Floor
  • Flooring: Wood, Tile
  • Living Area: 1046
  • NAV16_Ttl_Baths: 2
  • Room Bedroom2 Area: 132
  • Room Living Room Area: 224
  • Master Bedroom Master Bedroom Width: 14
  • Room Master Bedroom Area: 168

Exterior Features

  • Fencing: Ornamental Iron
  • View: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Tar/Gravel

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Central Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Elevators
  • Association: No

Lot Info

  • Parcel #: 350800000002300

Multi Family

  • Maintenance Expense: 485

Tax Info

  • Tax Annual Amount: 4316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2018
Closed on
Jan 24, 2019
Sold by
Yellow Hammer Real Estate Llc
Bought by
Mcbride David Patrick and Mcbride Aimee Marie
Seller's Agent
Ruthi Stayton
Galveston Island Real Estate, Llc
Buyer's Agent
John Moran
Joe Tramonte Realty
List Price
$220,000
Current Estimated Value
$348,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Outstanding Balance
$167,954
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,571

Purchase Details

Listed on
Jul 3, 2014
Closed on
Jul 28, 2014
Sold by
Camus Nancy
Bought by
Yellow Hammer Real Estate Llc
Seller's Agent
Susanna Mayberry
List Price
$209,000

Purchase Details

Closed on
Mar 23, 2012
Sold by
Hope Lane Inc
Bought by
Camus Nancy G

Purchase Details

Closed on
May 4, 2007
Sold by
Church Street Partners Ltd
Bought by
Hope Lane Inc
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
Mcbride David Patrick -- South Land Title Llc
Yellow Hammer Real Estate Llc -- South Land Title Llc
Camus Nancy G -- None Available
Hope Lane Inc -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride David Patrick $189,900
Previous Owner Hope Lane Inc $60,000
Closed Camus Nancy G $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold -- -- --
12/26/2018 12/26/18 Pending -- -- --
10/07/2018 10/07/18 For Sale $220,000 +5.3% $210 / Sq Ft
07/03/2014 07/03/14 Sold -- -- --
07/03/2014 07/03/14 For Sale $209,000 -- $200 / 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
2024 $3,224 $294,250 $17,990 $276,260
2023 $3,224 $277,598 $0 $0
2022 $5,088 $252,362 $0 $0
2021 $5,189 $229,420 $17,990 $211,430
2020 $5,416 $225,980 $17,990 $207,990
2019 $5,399 $218,940 $17,990 $200,950
2018 $4,315 $174,370 $17,990 $156,380
2017 $4,263 $174,370 $17,990 $156,380
2016 $4,263 $174,371 $17,991 $156,380
2015 $4,316 $174,371 $17,991 $156,380
2014 $4,372 $174,371 $17,991 $156,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Galveston Association of REALTORS®

MLS Number: 20182566

APN: 3508-0000-0002-300