NOT LISTED FOR SALE

Estimated Value: $226,000 - $249,329

2 Beds
1 Bath
1,060 Sq Ft
$521/mo HOA Fee

Last Sold July 23, 2020

Current estimated payment $2,279/month

78 Days on Market

Highlights

  • High Ceiling
  • Community Pool
  • Wet Bar
  • Oppe Elementary School Rated A-
  • Balcony
  • Bathtub with Shower

About This Home

As of July 2020

Come see this coastal inspired condo in The Palms at Cove View complex nestled just at the beginning of Galveston's West End. With a two minute drive to the Gulf, this 2/1, two story Condo is a must see. New AC installed in 2019. The Master bedroom has a private balcony with peekaboo views of the gulf! This unit is in a prime and desired location of the community overlooking a sparkling outdoor pool and is a few steps away from the mailbox, clubhouse and workout facility. Monthly maintenance fee includes water, basic cable, refuse and common areas. This is a Pet-Friendly development with pet stations throughout.

Last Agent to Sell the Property

James R Smith

JR Realty Partners License #0617097 Listed on: 04/05/2020

Last Buyer's Agent

Candi Stevens

RE/MAX Leading Edge License #0638693

RE/MAX Leading Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,658

Year Built

  • Built in 1983

Lot Details

  • 871

HOA Fees

  • $521 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Split Level Home
  • Slab Foundation

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include clubhouse, cable TV, sewer, water
  • Palms At Cove View Association
  • Palms At Cove View Condo Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,658

Year Built

Built in 1983

Lot Details

0

HOA Fees

$521 per month

Listing Details

  • Directions: 45 South to 61st St. Turn right to Seawall then right to Cove View. Turn right to the property.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1983
  • Ownership: Full Ownership
  • Subdivision Name: Palms At Cove View Condo
  • Architectural Style: Split Level
  • Garage Yn: No
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Washer, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Balcony, High Ceilings, Tub Shower, Ceiling Fan(s), Living/Dining Room
  • Living Area: 1060.0
  • Dining Room Type: Living Room
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure
  • Roof: Other
  • Pool Private: No
  • Construction Type: Unknown
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 521.0
  • Association Fee Frequency: Monthly
  • Association Name: Palms at Cove View

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, 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: 2019
  • Tax Annual Amount: 2658.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2020
Closed on
Jul 23, 2020
Sold by
Allen Lillie and Allen Lillie B
Bought by
Martin Judy
Seller's Agent
James R Smith
JR Realty Partners
Buyer's Agent
Candi Stevens
RE/MAX Leading Edge
List Price
$120,000
Sold Price
$123,000
Premium/Discount to List
$3,000
2.5%
Total Days on Market
78
Current Estimated Value
$239,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,082
Avg. Annual Appreciation
14.38%
Original Mortgage
$98,400
Outstanding Balance
$88,560
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$148,360

Purchase Details

Closed on
Nov 14, 2008
Sold by
The Palms At Cove View Lp
Bought by
Allen Lillie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Martin Judy -- Stewart Title
Allen Lillie -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Judy $98,400
Previous Owner Allen Lillie $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold -- -- --
06/23/2020 06/23/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $120,000 -- $113 / 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
2023 $4,986 $248,900 $9,240 $239,660
2022 $4,099 $206,230 $9,240 $196,990
2021 $3,455 $155,520 $9,240 $146,280
2020 $2,864 $121,770 $9,240 $112,530
2019 $2,738 $113,000 $9,240 $103,760
2018 $2,429 $99,810 $9,240 $90,570
2017 $1,923 $80,000 $9,240 $70,760
2016 $1,923 $80,000 $9,240 $70,760
2015 $1,579 $69,970 $9,240 $60,730
2014 $1,558 $63,310 $9,240 $54,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 12262893

Houston Association of REALTORS®

APN: 5577-0000-0102-000