NOT LISTED FOR SALE

437 Commerce St Palacios, TX 77465

Estimated Value: $223,000 - $389,000

3 Beds
2 Baths
3,208 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 10, 2022

Current estimated payment $1,841/month

137 Days on Market

Highlights

  • Water Views
  • High Ceiling
  • No HOA
  • Open Floorplan
  • Granite Countertops
  • 4-minute walk to South Bay Park

About This Home

As of February 2022

Palacios original downtown storefront building converted to living quarters. Previous owners rented as air b&b with much success. Current owner utilized as single family home. Large open floor plan 2 story with living and kitchen downstairs and 3 enclosed bedrooms and a living room upstairs. There is a full bathroom downstairs and a full bathroom upstairs. There are 2 levels of covered and screened porches out the back door with view of the backside of The Historic Luther Hotel and glimpses of the bay. Exterior side of building has a large mural by a late renowned local artist. Building bones are good. Has newer "hurricane roof" and HVACs. Interior needs work and cleaning. Selling as is. condition

Last Agent to Sell the Property

Sasha Sessums

Bird of Paradise Realty License #0482595 Listed on: 09/05/2021

Last Buyer's Agent

Edward Greene

Prism Realty License #0752451

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1933

Lot Details

  • 2,004 Sq Ft Lot
  • Lot Dimensions are 25x80
  • North Facing Home
  • Zero Lot Line
  • Historic Home
  • The community has rules related to zoning restrictions

Property Views

  • Water
  • Downtown

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Plaster

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • High Ceiling
  • Ceiling Fan
  • Multiple Living Areas

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Parking

  • Alley Access
  • Outside Parking

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Foley All, Fair, Class Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 13-W/2 of N-80' / 52
  • Assessor Parcel Number 42416
  • 3% Total Tax Rate

Property Details

Property Type

Other

Est. Annual Taxes

$2,519

Year Built

Built in 1933

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: See Remarks
  • Unit Style: 1st Floor Entry
  • Restrictions: Zoning
  • Year Built: 1933
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From Main Street turn south on 4th or 5th St., go one block to Commerce St. Property located between 4th St and 5th St on Commerce.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 3242.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: Yes-100 yr
  • Fencing: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: No
  • Levels: Two
  • Living Area: 3208.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-High, Counter-Granite, Electric Dryer Hookup, Eat-in Kitchen, Multiple Living Areas, Open Floorplan, Washer Hookup
  • Laundry Location: Inside, Laundry Room, Lower Level, Main Level
  • View: Downtown, Water, See Remarks
  • Flooring: Carpet, Concrete
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 3
  • Appliances: Cooktop, Dishwasher, Electric Range, Range, Refrigerator, Water Heater-Electric
  • Property Condition: Historic Design, Resale
  • Security Features: None

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony, No Exterior Steps
  • Roof: See Remarks
  • Builder Name: unknown
  • Foundation: Slab
  • Patio And Porch Features: Covered, Porch, Rear Porch, Screened
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Outside

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Palacios Isd
  • Middle Other: Palacios Jr. High
  • Elementary School: Central Elementary
  • High School: Palacios High School

Lot Info

  • Lot Features: Alley Access, Curbs, Zero Lot Line
  • Lot Size: 25x80
  • Parcel Number: 42416
  • Lot Size Acres: 0.0460
  • Lot Size Sq Ft: 2003.76
  • Subdivision Name: Foley All, Fair, Class

Building Info

  • Construction Materials: Brick, Plaster
  • New Construction: No

Tax Info

  • Tax Block: 52
  • Tax Lot: 13-W/2 of N-80'
  • Tax Rate: 2.76500000000000
  • Tax Year: 2021
  • Tax Annual Amount: 2519.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Feb 9, 2022
Sold by
Thomas Iv John R
Bought by
Friedrich Kyle
Seller's Agent
Sasha Sessums
Bird of Paradise Realty
Buyer's Agent
Edward Greene
Prism Realty
List Price
$150,000
Current Estimated Value
$279,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Lunt Lucy and Donowho Kenneth Wayne
Bought by
Thomas John R

Purchase Details

Closed on
Jun 12, 2006
Sold by
Palacious Oasis Lc
Bought by
Lunt Lucy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Friedrich Kyle -- None Listed On Document
Thomas John R -- Palacios Abstract And Title
Lunt Lucy -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold -- -- --
01/20/2022 01/20/22 Pending -- -- --
01/02/2022 01/02/22 For Sale $150,000 0.0% $47 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $150,000 -- $47 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $4,435 $223,800 $12,860 $210,940
2024 $40 $173,820 $12,860 $160,960
2023 $3,577 $155,300 $9,020 $146,280
2022 $3,114 $112,790 $9,020 $103,770
2021 $3,242 $117,250 $9,020 $108,230
2020 $3,029 $107,660 $9,020 $98,640
2019 $3,090 $110,470 $9,020 $101,450
2018 $2,961 $105,900 $9,020 $96,880
2017 $2,107 $75,920 $9,020 $66,900
2016 $2,107 $75,920 $9,020 $66,900
2015 -- $61,810 $3,100 $58,710
2014 -- $46,510 $3,100 $43,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3344962

Unlock MLS (Austin Board of REALTORS®)

APN: 42416

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