$144,900
SOLD OCT 2, 2024
Last list price

508 Rorem Ave Palacios, TX 77465

2 Beds
2 Baths
1,159 Sq Ft
9,496 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

21 Days on Market

About This Home

As of October 2024

This starter home is nestled in the middle of Palacios, TX! - The home is in need of TLC and would be a great project home for the right buyer! SELLER IS OPEN TO CONCESSIONS

Last Agent to Sell the Property

Edward Mcclintick

Joseph Walter Realty, LLC License #0303307 Listed on: 08/07/2024

Last Buyer's Agent

Tammy Hill

Texas Coastal Properties License #0455338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 1940

Parking

  • 1 Carport Space

Interior Spaces

  • 1,159 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Central Elementary School
  • East Side Intermediate
  • Palacios Junior Senior High School

Additional Features

  • 9,496 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Palacios Original Townsite Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Continue on I-75 N. Take I-10 W to US-59 S in Rosenberg Follow US-59 S, State Hwy 71 E and TX-35 S to Rorem Ave in Palacios
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.218
  • Subdivision Name: Palacios Original Townsite
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Efficiency: Other
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1159.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other
  • Lot Features: Other
  • Pool Private: No
  • Construction Type: Other
  • Foundation Details: Other

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Attached Carport, Detached Carport

Utilities

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

Schools

  • Elementary School: CENTRAL ELEMENTARY SCHOOL (PALACIOS)
  • Junior High Dist: 156 - Palacios
  • High School: PALACIOS JUNIOR SENIOR HIGH SCHOOL
  • Middle Or Junior School: EAST SIDE INTERMEDIATE

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2141.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 17, 2024
Sold by
Gallagher William and Gallagher Diane
Bought by
Miller Emily L
Seller's Agent
Edward Mcclintick
Joseph Walter Realty, LLC
Buyer's Agent
Tammy Hill
Texas Coastal Properties
List Price
$154,000
Views
27
Current Estimated Value
$137,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$137,464
Outstanding Balance
$136,704
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$8,771

Purchase Details

Listed on
Nov 6, 2020
Closed on
Feb 19, 2021
Sold by
Glenn John and Glenn Ashley
Bought by
Gallagher William and Gallagher Diane
Seller's Agent
Tammy Hill
Texas Coastal Properties
Buyer's Agent
Non MLS Office
List Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$128,250
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 30, 2014
Sold by
Weldon Betty J and Weldon Jack
Bought by
Sanders Ashley J and Glenn John
Seller's Agent
Tammy Hill
Texas Coastal Properties
Buyer's Agent
Tammy Hill
Texas Coastal Properties
List Price
$98,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$97,680
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2008
Sold by
Lingo James
Bought by
Weldon Betty J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Vendors Lien -- Palacios Abstract & Title Co
Vendors Lien -- Admiral Title Llc
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,464 FHA
Previous Owner $128,250 New Conventional
Previous Owner $97,629 FHA
Previous Owner $97,680 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold -- -- --
08/28/2024 08/28/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $144,900 -5.9% $125 / Sq Ft
08/07/2024 08/07/24 For Sale $154,000 +10.0% $133 / Sq Ft
02/22/2021 02/22/21 Sold -- -- --
01/23/2021 01/23/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $140,000 +42.1% $121 / Sq Ft
05/30/2014 05/30/14 Sold -- -- --
04/14/2014 04/14/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $98,500 -- $85 / 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
2024 $24 $139,910 $17,760 $122,150
2023 $2,141 $135,610 $14,810 $120,800
2022 $2,333 $128,350 $14,810 $113,540
2021 $2,124 $76,830 $14,810 $62,020
2020 $1,969 $69,980 $14,810 $55,170
2019 $1,995 $71,320 $14,810 $56,510
2018 $2,082 $74,460 $11,300 $63,160
2017 $2,108 $75,960 $11,300 $64,660
2016 $2,034 $73,310 $11,300 $62,010
2015 -- $69,470 $6,750 $62,720
2014 -- $63,770 $6,750 $57,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 64004523

Houston Association of REALTORS®

APN: 42567