NOT LISTED FOR SALE

Estimated Value: $73,000 - $138,000

2 Beds
1 Bath
630 Sq Ft
$248/mo HOA Fee

Last Sold January 31, 2023

Current estimated payment $881/month

29 Days on Market

Highlights

  • Tile Flooring
  • Coin Laundry
  • Wood Siding
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

As of January 2023

A Second floor Condo featuring 2 bedrooms, 1 bath nicely updated with fresh paint, new flooring, blinds and ceiling fans. All appliances convey including refrigerator, stove, and dishwasher. Also including a carport and two parking spots with additional storage. Now is your chance to own investment property not far from Ocean Drive with an excellent occupancy rate, guaranteed to be income producing! This Condo could lease for up to $950 a month. It is in the Santa Fe Arms complex and has an excellent property management company with a very affordable HOA. It is a well maintained complex with 100% occupancy rate and stays like that most of the time! All electric, central A/C and heat, this unit won't last long!

Last Agent to Sell the Property

Matthew Forrester

RE/MAX ELITE License #0722145 Listed on: 01/01/2023

RE/MAX ELITE

Co-Listed By

Karabe Baltazar

THE KB TEAM & ASSOCIATES License #0667872

Last Buyer's Agent

Cori Diaz

Christi Properties License #0713793

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1956

Lot Details

  • Partially Fenced Property

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

  • Calkwilson Elementary School
  • Hamlin Middle School
  • Ray High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, trash
  • 30 Units
  • Santa Fe Arms Condo Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,725

Year Built

Built in 1956

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Property Sub Type Additional: Condominium
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Frontage Type: City Street
  • Road Surface Type: Caliche
  • Co List Office Mls Id: 211305
  • Co List Office Phone: 361-777-7653
  • Subdivision Name: Santa Fe Arms Condo
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 630.0
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Lot Features: Other
  • Pool Features: None
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Roof: Other

Garage/Parking

  • Parking Features: Concrete, Carport, Gravel
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Coin Laundry
  • Association Fee: 248.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Trash

Schools

  • Elementary School: CalkWilson
  • Junior High Dist: Corpus Christi ISD
  • High School: Ray
  • Middle Or Junior School: Hamlin

Lot Info

  • Lot Size Sq Ft: 2531.0
  • Additional Parcels: No

Multi Family

  • Number Of Units In Community: 30
  • Number Of Units Total: 30

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Dec 29, 2022
Sold by
Nammo Tetsuya
Bought by
Cornerstone Multifamily Investments Llc
Seller's Agent
Matthew Forrester
RE/MAX ELITE
Buyer's Agent
Cori Diaz
Christi Properties
List Price
$69,500
Current Estimated Value
$92,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$43,000
Outstanding Balance
$5,208
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$87,380

Purchase Details

Closed on
Dec 22, 2015
Sold by
Reavans Santa Fe Texas Llc
Bought by
Nammo Tetsuya
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
Cornerstone Multifamily Investments Llc -- Texas National Title
Nammo Tetsuya -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornerstone Multifamily Investments Llc $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold -- -- --
01/01/2023 01/01/23 For Sale $69,500 -- $110 / Sq Ft
Source: South Texas MLS

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 $1,725 $80,305 $10,124 $70,181
2024 $1,725 $79,345 $10,124 $69,221
2023 $1,482 $69,532 $10,124 $59,408
2022 $1,737 $69,806 $10,124 $59,682
2021 $1,603 $61,296 $10,124 $51,172
2020 $1,061 $40,478 $10,124 $30,354
2019 $1,083 $40,950 $10,124 $30,826
2018 $964 $38,065 $10,124 $27,941
2017 $985 $39,009 $10,124 $28,885
2016 $997 $39,482 $10,124 $29,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 409952

South Texas MLS

APN: 537211