NOT LISTED FOR SALE

5107 Avenue r 1/2 Galveston, TX 77551

Bayou Shores Neighborhood

Estimated Value: $319,000 - $351,000

-- Bed
3 Baths
624 Sq Ft
$534/Sq Ft Est. Value

Last Sold April 22, 2022

Current estimated payment $2,357/month

7 Days on Market

Highlights

  • Window Unit Cooling System
  • 1-Story Property
  • 3-minute walk to Crockett Park
  • Oppe Elementary School Rated A-
  • No Heating

About This Home

As of April 2022

Are you looking for an investment property on Galveston Island? This triplex might be for you. This property consists of a 3/2 main house, and a two story duplex. Each unit in the duplex is a 2/1. The main house is in need of a complete remodel, but the duplex is ready for move-in.

Last Agent to Sell the Property

Adam Musick

Musick Properties License #0444721 Listed on: 03/21/2022

Last Buyer's Agent

Vincent Tramonte

Joe Tramonte Realty, Inc. License #0356657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1955

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3 Full Bathrooms
  • 624 Sq Ft Home
  • 1-Story Property

Schools

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

Utilities

  • Window Unit Cooling System
  • No Heating

Community Details

  • 3 Units
  • Denver Resurvey Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,693

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Main house is I-45 South to 51st Street and take right. Go to R !/2 and take right. House will be on left. To get to the duplex (directly behind house) you will go back to R1/2 take right, then turn right into the ally. The tan two story duplex will be on your right. It will show the 5107 address on the carport.
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1955
  • Subdivision Name: Denver Resurvey
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Living Area: 624.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

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: 2021
  • Tax Annual Amount: 3693.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 12, 2022
Sold by
Wolraich Israel J
Bought by
Aguiar Properties Llc #6
Seller's Agent
Adam Musick
Musick Properties
Buyer's Agent
Vincent Tramonte
Joe Tramonte Realty, Inc.
List Price
$309,000
Current Estimated Value
$333,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Ots Data Services Inc
Bought by
Wolraich Israel J

Purchase Details

Closed on
Feb 14, 2001
Sold by
Baker Michael Lane and Baker Irene
Bought by
Conn Greg G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.43%
Mortgage Type
Stand Alone First
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
Aguiar Properties Llc #6 -- Stewart Title
Wolraich Israel J -- Chicago Title Galveston
Ots Data Services Inc -- Chicago Title Galveston
Conn Greg G $48,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolraich Israel $97,250
Previous Owner Wolraich Israel J $98,000
Previous Owner Conn Greg G $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold -- -- --
03/28/2022 03/28/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $309,000 -- $495 / 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 $6,983 $314,000 $95,100 $218,900
2024 $6,983 $403,510 $95,100 $308,410
2023 $6,983 $372,810 $73,500 $299,310
2022 $5,341 $264,940 $73,500 $191,440
2021 $4,043 $178,750 $73,500 $105,250
2020 $4,191 $130,000 $24,750 $105,250
2019 $3,188 $129,290 $24,750 $104,540
2018 $3,238 $130,840 $24,750 $106,090
2017 $3,216 $131,550 $24,750 $106,800
2016 $2,567 $105,000 $24,750 $80,250
2015 $2,180 $94,430 $24,750 $69,680
2014 $2,208 $88,080 $24,750 $63,330
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adam Musick

    Musick Properties

    (409) 771-1076

    1 in this area

    14 Total Sales

    Adam Musick
    Section Image
  • Vincent Tramonte

    Buyer's Agent in 2022

    Vincent Tramonte

    Joe Tramonte Realty, Inc.

    (409) 771-0931

    7 in this area

    172 Total Sales

    Vincent Tramonte
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 6351672

Houston Association of REALTORS®

APN: 2965-0166-0009-000

Texas Galveston County Galveston 77551 Bayou Shores

5107 Avenue r 1/2, Galveston, TX

This home is located at 5107 Avenue r 1/2, Galveston, TX 77551 since 21 March 2022 and is currently estimated at $333,162, approximately $533 per square foot. This property was built in 1955. 5107 Avenue r 1/2 is a home located in Galveston County with nearby schools including Burnet STREAM Magnet School, Parker Elementary School, and Morgan Elementary Magnet School.

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