NOT LISTED FOR SALE

Estimated Value: $330,000 - $420,000

2 Beds
1 Bath
2,296 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 22, 2024

Current estimated payment $2,785/month

95 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Central Heating and Cooling System
  • Oppe Elementary School Rated A-

About This Home

As of February 2024

Welcome to this prime income-generating property, just two blocks from the beach. This duplex comprises two units: one boasting 1 bedroom, 1 bath, and extra sleeping space, and the other offering 2 bedrooms and 3 sleeping spaces. Both units have been recently renovated and feature open floor plans, creating a spacious and inviting atmosphere. Fully furnished and equipped with central HVAC for year-round comfort, these units are ready to host guests. With a proven track record as a successful vacation rental, this property offers a turnkey investment opportunity that shouldn't be missed. Act now to own a profitable beachside vacation rental!

Last Agent to Sell the Property

Lynn Beardslee

The Sears Group License #0438463 Listed on: 09/28/2023

The Sears Group

Last Buyer's Agent

Lynn Beardslee

The Sears Group License #0438463 Listed on: 09/28/2023

The Sears Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1975

Lot Details

  • 2,795 Sq Ft Lot
  • Corner Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • Energy-Efficient HVAC
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Galveston Outlots Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,376

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: Take I-45 south to Broadway continue on Broadway to 30th Street take a right on 30th Street the home will be Approximately 2 Street before the seawall on the right.
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1975
  • Subdivision Name: Galveston Outlots
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: HVAC
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Wood
  • Living Area: 2296.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Corner Lot
  • Construction Type: Cement Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: 8376.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Feb 21, 2024
Sold by
Labaume Bradley M
Bought by
Kavoussi Mehryar K
Seller's Agent
Lynn Beardslee
The Sears Group
Buyer's Agent
Lynn Beardslee
The Sears Group
List Price
$399,000
Views
44
Current Estimated Value
$418,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$255,000
Outstanding Balance
$251,272
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$152,317

Purchase Details

Closed on
Mar 30, 2022
Sold by
Brad Smith Group Llc
Bought by
Smith Brad M

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 10, 2021
Sold by
Smithmann Llc
Bought by
Brad Smith Group Llc
Seller's Agent
Janet Bass
Leopold & Strahan
Buyer's Agent
Debra Mcgrath
Champions NextGen Real Estate
List Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.74%

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 15, 2021
Sold by
Faik Dawood Sam
Bought by
Smithmann Llc
Seller's Agent
Janet Bass
Leopold & Strahan
Buyer's Agent
Debra Mcgrath
Champions NextGen Real Estate
List Price
$449,000

Purchase Details

Closed on
May 8, 2012
Sold by
Calavan Maria and Calavan Brooks
Bought by
Dawood Faik

Purchase Details

Closed on
Feb 18, 2010
Sold by
Calavan Maria D
Bought by
Calavan Family Partnership Ltd

Purchase Details

Closed on
Oct 19, 2006
Sold by
Stoeckel Dennis C and Diaz Danny M
Bought by
Calavan Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2001
Sold by
Huang Management Ltd
Bought by
Stoeckel Dennis C and Diaz Danny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
6.83%
Mortgage Type
Commercial
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
Kavoussi Mehryar K -- Texas American Title Company
Smith Brad M -- Fidelity National Title
Brad Smith Group Llc -- None Available
Smithmann Llc -- Stewart Title
Dawood Faik -- Trinity Title Of Texas
Calavan Maria -- Trinity Title Of Texas
Calavan Family Partnership Ltd -- None Available
Calavan Maria -- Stewart Title Company
Calavan Maria -- Stewart Title Company
Stoeckel Dennis C -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavoussi Mehryar K $255,000
Previous Owner Calavan Maria $11,000
Previous Owner Calavan Maria $88,000
Previous Owner Calavan Maria $11,000
Previous Owner Stoeckel Dennis C $28,800
Closed Calavan Family Partnership Ltd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold -- -- --
01/02/2024 01/02/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $399,000 0.0% $174 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $399,000 0.0% $174 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $399,000 -7.2% $174 / Sq Ft
09/28/2023 09/28/23 For Sale $430,000 -4.2% $187 / Sq Ft
10/18/2021 10/18/21 Sold -- -- --
09/18/2021 09/18/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $449,000 -- $196 / 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 $6,057 $350,000 $60,960 $289,040
2023 $6,057 $415,480 $34,240 $381,240
2022 $6,847 $339,630 $34,240 $305,390
2021 $5,034 $222,560 $77,040 $145,520
2020 $4,191 $174,860 $10,380 $164,480
2019 $4,312 $174,860 $10,380 $164,480
2018 $4,327 $174,860 $10,380 $164,480
2017 $4,389 $179,520 $10,380 $169,140
2016 $2,078 $85,000 $10,380 $74,620
2015 $1,114 $45,000 $9,220 $35,780
2014 $1,128 $45,000 $9,220 $35,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 75545123

Houston Association of REALTORS®

APN: 3510-0114-3014-002