NOT LISTED FOR SALE

5623 Avenue M Galveston, TX 77551

Bayou Shores Neighborhood

Estimated Value: $243,779 - $250,000

5 Beds
1 Bath
1,056 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 08, 2016

Current estimated payment $1,633/month

257 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Oppe Elementary School Rated A-
  • Partially Fenced Property

About This Home

As of April 2016

Property is SFD 2/1 in front, and 2 apartments in back, a 2 bedroom and a 1 bedroom. The rear apartments are in good condition, and have been updated; the front house needs updating. Total monthly income is 1100.00 per month, and tenants pay all of their utilities.

Last Agent to Sell the Property

Nellie Zapata

Joe Tramonte Realty License #0343864 Listed on: 06/25/2015

Last Buyer's Agent

Nellie Zapata

Joe Tramonte Realty License #0343864 Listed on: 06/25/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1957

Lot Details

  • 3,000 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence

Home Design

  • 1,056 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Separate Meters
  • Electricity Not Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,639

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Multiple Houses
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0689
  • Year Built: 1957
  • NAV16_Elevator: N/A
  • NAV16_Alarm: N/A
  • NAV16_Cable_TV: No
  • NAV16_GasYN: No
  • NAV16_Pool_Svcs: No
  • NAV16_Trash_Collection: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood, Tile
  • Interior Amenities: 1 Bedroom Unit: 1 Bath, 2 Bedroom Unit: 1 Bath
  • Living Area: 1056

Exterior Features

  • Fencing: Wood, Partial
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition

Utilities

  • Electricity On Property: No
  • Utilities: Separate Meters

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1639.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2015
Closed on
Apr 8, 2016
Sold by
Lopez Humberto and Lopez Sandra
Bought by
Aguiar Properties Llc
Seller's Agent
Nellie Zapata
Joe Tramonte Realty
Buyer's Agent
Nellie Zapata
Joe Tramonte Realty
List Price
$119,000
Current Estimated Value
$246,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$67,943
Interest Rate
3.62%
Estimated Equity
$185,437
Source: Public Records

Range of Values:

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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
Aguiar Properties Llc -- South Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguiar Properties Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold -- -- --
03/09/2016 03/09/16 Pending -- -- --
06/25/2015 06/25/15 For Sale $119,000 -- $113 / Sq Ft
Source: Galveston 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 $3,505 $202,530 $53,250 $149,280
2023 $3,505 $186,030 $36,750 $149,280
2022 $3,751 $186,030 $36,750 $149,280
2021 $3,654 $161,550 $36,750 $124,800
2020 $3,422 $142,770 $10,500 $132,270
2019 $2,205 $89,430 $10,500 $78,930
2018 $2,244 $90,670 $10,500 $80,170
2017 $2,237 $91,480 $10,500 $80,980
2016 $1,908 $78,030 $10,500 $67,530
2015 $1,568 $63,360 $10,500 $52,860
2014 $987 $39,350 $10,500 $28,850
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nellie Zapata

    Joe Tramonte Realty

    (409) 771-1114

    12 Total Sales

    Nellie Zapata
    Section Image
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Map

Source: Galveston Association of REALTORS®

MLS Number: 20151875

APN: 2965-0048-0003-000

Texas Galveston County Galveston 77551 Bayou Shores

5623 Avenue M, Galveston, TX

This home is located at 5623 Avenue M, Galveston, TX 77551 since 25 June 2015 and is currently estimated at $246,695, approximately $233 per square foot. This property was built in 1957. 5623 Avenue M 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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