NOT LISTED FOR SALE

Estimated Value: $345,755 - $388,000

2 Beds
2 Baths
1,160 Sq Ft
$580/mo HOA Fee

Last Sold May 14, 2021

Current estimated payment $2,890/month

6 Days on Market

Highlights

  • Family Room Off Kitchen
  • Living Room
  • Kitchen Island
  • Oppe Elementary School Rated A-
  • Security Guard
  • 4-minute walk to Saengerfest Park

About This Home

As of May 2021

302 Mechanic Street Lofts sits in the heart of downtown Galveston. Mere blocks from Broadway and just one block from the Historic Downtown Strand, this loft has a large balcony perfect for Mardi Gras parade viewing down 25th street (Rosenberg). This loft includes one reserved, covered, attached garage parking spot for the owner and a ground floor storage unit. The building also offers a rooftop deck and an outdoor area for all tenants to enjoy. This spacious condo is packed with charm and the perfect place to call home.
Easy to show.

Last Agent to Sell the Property

Tom Schwenk

Coldwell Banker TGRE License #0505240 Listed on: 04/08/2021

Coldwell Banker TGRE

Last Buyer's Agent

Gary Schero

Better Homes and Gardens Real Estate Gary Greene-Gary Greene-Galveston Intown License #0404475

Better Homes and Gardens Real Estate Gary Greene-Gary Greene-Galveston Intown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,160

Year Built

  • Built in 1915

Lot Details

  • 871

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Attic Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include maintenance structure, sewer, water
  • Mechanic St Lofts Condos Subdivision

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,160

Year Built

Built in 1915

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Directions: SE Corner 25th (Rosenberg) and Mechanic. Enter through Alley Door between building and Prosperity Bank between Mechanic and Market Strs. After using Code enter walk down the hall, at end go upstairs on left top of stairs is Unit D.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1915
  • Subdivision Name: Mechanic St Lofts Condos
  • Architectural Style: Other
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Kitchen Island, Kitchen/Family Room Combo, Pantry
  • Living Area: 1160.0
  • Dining Room Type: Living Room
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other
  • Pool Private: No
  • Construction Type: Brick
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air, Electric, Attic Fan
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Guard
  • Association Fee: 580.0
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Sewer, Water

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: 3160.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 14, 2021
Sold by
Owen David P and Owen Dianne J
Bought by
Wheatley Lawrence Alan and Wheatley Eva Lisa
Seller's Agent
Tom Schwenk
Coldwell Banker TGRE
Buyer's Agent
Gary Schero
Better Homes and Gardens Real Estate Gary Greene-Gary Greene-Galveston Intown
List Price
$310,000
Current Estimated Value
$358,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$238,400
Outstanding Balance
$216,509
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$134,089

Purchase Details

Closed on
Apr 25, 2008
Sold by
Mechanic Lofts Llc
Bought by
Owen David P and Owen Dianne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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
Wheatley Lawrence Alan -- Stewart Title
Owen David P -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley Lawrence Alan $238,400
Previous Owner Owen David P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold -- -- --
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $310,000 -- $267 / 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 $4,916 $280,290 $6,060 $274,230
2024 $4,916 $284,050 $6,060 $277,990
2023 $4,916 $283,210 $6,060 $277,150
2022 $5,679 $281,680 $6,060 $275,620
2021 $6,372 $281,680 $6,060 $275,620
2020 $3,348 $139,690 $6,060 $133,630
2019 $4,989 $202,330 $6,060 $196,270
2018 $5,007 $202,330 $6,060 $196,270
2017 $4,947 $202,330 $6,060 $196,270
2016 $3,681 $150,550 $6,060 $144,490
2015 $3,726 $150,550 $6,060 $144,490
2014 $3,775 $135,520 $6,060 $129,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 15445958

Houston Association of REALTORS®

APN: 5104-0000-0004-000