NOT LISTED FOR SALE

5512 Avenue L Galveston, TX 77551

Bayou Shores Neighborhood

Estimated Value: $198,000 - $236,066

3 Beds
2 Baths
1,040 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 20, 2022

Current estimated payment $1,485/month

148 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Bathtub with Shower
  • Oppe Elementary School Rated A-
  • 1 Car Detached Garage
  • Living Room

About This Home

As of April 2022

Great investment property in popular area of Galveston, in between the beach and the Strand. Ideal for long-term rental, vacation rental or AirBNB. Needs some fix-up to get top market rate. Currently tenant occupied giving new owner immediate cash flow. Showings limited due to occupancy. Being sold as-is.

Last Agent to Sell the Property

Karen Ternois

REALM Real Estate Professionals - Sugar Land License #0558280 Listed on: 10/28/2021

REALM Real Estate Professionals - Sugar Land

Last Buyer's Agent

Juan Barron

Reimage Properties & Investments, LLC. License #0607492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1955

Lot Details

  • 3,000 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Gas Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Denver Resurvey Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Directions: Take I-45S to Galveston. Turn right on 55th St to Avenue L. Turn right. House will be on the right.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1955
  • Lot Size Acres: 0.0689
  • Ownership: Full Ownership
  • Subdivision Name: Denver Resurvey
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Gas Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl, Wood
  • Interior Amenities: Tub Shower, Kitchen/Dining Combo
  • Living Area: 1040.0
  • Dining Room Type: Kitchen, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Roof: Composition
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Detached, Garage

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Water Source: Public

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: 2782.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Apr 20, 2022
Sold by
Parameter Holdings Llc
Bought by
Gorostieta Irasema
Seller's Agent
Karen Ternois
REALM Real Estate Professionals - Sugar Land
Buyer's Agent
Juan Barron
Reimage Properties & Investments, LLC.
List Price
$158,000
Current Estimated Value
$214,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$111,000
Outstanding Balance
$105,521
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$118,875

Purchase Details

Closed on
Aug 13, 2021
Sold by
Aretis Ioannis
Bought by
Parameter Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,812
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 1998
Sold by
Love Paul Lawrence and Eckel Hodgson
Bought by
Aretis Ioannis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1997
Sold by
Love Jr Paul Lawrence
Bought by
Eckel Hodgson

Purchase Details

Closed on
Aug 7, 1996
Sold by
Wilson Bobbie
Bought by
Eckel Hodgson
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
Gorostieta Irasema -- None Listed On Document
Parameter Holdings Llc -- American Title
Aretis Ioannis -- --
Eckel Hodgson -- --
Eckel Hodgson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorostieta Irasema $111,000
Previous Owner Parameter Holdings Llc $130,812
Previous Owner Aretis Ioannis $14,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold -- -- --
03/25/2022 03/25/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $158,000 -- $152 / 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 $3,788 $218,870 $53,250 $165,620
2023 $3,788 $197,500 $36,750 $160,750
2022 $2,836 $140,670 $36,750 $103,920
2021 $2,782 $122,980 $36,750 $86,230
2020 $2,205 $92,000 $10,500 $81,500
2019 $1,962 $79,550 $10,500 $69,050
2018 $1,993 $80,530 $10,500 $70,030
2017 $1,969 $80,530 $10,500 $70,030
2016 $1,685 $68,900 $10,500 $58,400
2015 $1,392 $56,230 $10,500 $45,730
2014 $889 $35,450 $10,500 $24,950
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Ternois

    REALM Real Estate Professionals - Sugar Land

    (832) 858-0909

    1 in this area

    14 Total Sales

    Section Image
  • Juan Barron

    Buyer's Agent in 2022

    Juan Barron

    Reimage Properties & Investments, LLC.

    (832) 368-1772

    1 in this area

    140 Total Sales

    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 64180346

Houston Association of REALTORS®

APN: 2965-0023-0017-000

Texas Galveston County Galveston 77551 Bayou Shores

5512 Avenue L, Galveston, TX

This home is located at 5512 Avenue L, Galveston, TX 77551 since 28 October 2021 and is currently estimated at $214,517, approximately $206 per square foot. This property was built in 1955. 5512 Avenue L is a home located in Galveston County with nearby schools including Burnet STREAM Magnet School, Morgan Elementary Magnet School, and Parker Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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