NOT LISTED FOR SALE

Estimated Value: $439,000

1 Bed
1 Bath
2,271 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 25, 2021

Current estimated payment $2,716/month

148 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Private Entrance
  • Oppe Elementary School Rated A-
  • 1 Car Garage
  • Laundry Facilities

About This Home

As of October 2021

Come see this charming triplex, close to everything! 3 darling 1-bedroom 1-bath units, each with their own garage. Hardwood floors, tile in bathrooms. The downstairs unit is slightly larger than the two upstairs units. All three units were redone in 2015. Shared laundry room off the back of the home. Downstairs unit also has a small patio area and yard. Walking distance to both Galveston College and Ball High. Minutes to the beach or to downtown. A must-see for anyone looking for income-producing property!

Last Agent to Sell the Property

Martye Hill

eXp Realty, LLC License #0653090 Listed on: 04/29/2021

eXp Realty, LLC

Last Buyer's Agent

Mary Huckabay

Carnes Realty Group LLC License #0744971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1955

Lot Details

  • 2,838 Sq Ft Lot
  • Private Entrance
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

Overview

  • 3 Units
  • Galveston Outlots Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,881

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: From Broadway (I-45), take a right on 43rd Street. Take a left on Ave R and go 1 block. Triplex is on the SE corner of the intersection at 42nd Street and Ave R. 24-hour notice required. Two of the three units have tenants that must be notified for showings.
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1955
  • Subdivision Name: Galveston Outlots
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood, Hardwood
  • Living Area: 2271.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Partial
  • Exterior Features: Private Entrance

Garage/Parking

  • Parking Features: Garage

Utilities

  • Laundry Features: Common Area, 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: 2020
  • Tax Annual Amount: 3881.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Oct 25, 2021
Sold by
Luskcasas Llc
Bought by
Lopez John Chris
Seller's Agent
Martye Hill
eXp Realty, LLC
Buyer's Agent
Mary Huckabay
Carnes Realty Group LLC
List Price
$319,000
Current Estimated Value
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.88%
Original Mortgage
$240,000
Outstanding Balance
$219,332
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$260,668

Purchase Details

Closed on
Jul 10, 2017
Sold by
Roy Vernon Ray and Thompson Vinessa Faye
Bought by
Lusk Casas Llc

Purchase Details

Closed on
Sep 8, 2014
Sold by
Asset Enterprises Inc
Bought by
Luskcasas Llc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Vanetten George E and Tinsley Kenneth Scott
Bought by
Asset Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,835
Interest Rate
6.02%
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
Lopez John Chris -- Stewart Title
Lusk Casas Llc -- South Land Title Llc
Luskcasas Llc -- Stewart Title
Asset Enterprises Inc -- Texas American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez John Chris $240,000
Previous Owner Asset Enterprises Inc $77,000
Previous Owner Asset Enterprises Inc $52,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold -- -- --
09/25/2021 09/25/21 Pending -- -- --
05/28/2021 05/28/21 For Rent $850 0.0% --
05/28/2021 05/28/21 Rented $850 0.0% --
04/29/2021 04/29/21 For Sale $319,000 -- $140 / 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
2025 $4,524 $277,000 $61,730 $215,270
2024 $4,524 $396,030 $61,730 $334,300
2023 $4,524 $217,850 $34,770 $183,080
2022 $4,637 $230,000 $34,770 $195,230
2021 $4,908 $216,990 $34,770 $182,220
2020 $4,112 $171,570 $10,540 $161,030
2019 $3,926 $159,220 $10,540 $148,680
2018 $3,644 $147,240 $10,540 $136,700
2017 $3,651 $149,330 $10,540 $138,790
2016 $3,436 $140,520 $10,540 $129,980
2015 $2,515 $101,620 $9,370 $92,250
2014 $2,337 $93,220 $9,370 $83,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 6750562

Houston Association of REALTORS®

APN: 3510-0133-1001-002