5801 Gulf Blvd Unit 1 South Padre Island, TX 78597
Estimated Value: $414,000 - $497,000
            
                2
                Beds
            
            
            
                4
                Baths
            
            
            
                1,518
                Sq Ft
            
            
                
                    $301/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5801 Gulf Blvd Unit 1, South Padre Island, TX 78597 and is currently estimated at $457,488, approximately $301 per square foot. 5801 Gulf Blvd Unit 1 is a home located in Cameron County with nearby schools including Garriga Elementary School, Derry Elementary School, and Port Isabel Junior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 2, 2020
            
        
                Sold by
            
            
                Wells James Christopher
            
        
                Bought by
            
            
                Wells Richard Alan and Wells Richard Alan
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $67,500
            
        
                Outstanding Balance
            
            
                $37,782
            
        
                Interest Rate
            
            
                2.8%
            
        
                Mortgage Type
            
            
                Seller Take Back
            
        
                Estimated Equity
            
            
                $419,706
            
        Purchase Details
                Closed on
            
            
                May 23, 2017
            
        
                Sold by
            
            
                Lambert Vicki W
            
        
                Bought by
            
            
                Wells Richard Alan and Wells James Christopher
            
        Purchase Details
                Closed on
            
            
                May 19, 2016
            
        
                Sold by
            
            
                Wells Ann L
            
        
                Bought by
            
            
                Lambert Vicki Wells
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Wells Richard Alan | -- | Stewart Title Company | |
| Wells Richard Alan | -- | None Available | |
| Lambert Vicki Wells | -- | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Wells Richard Alan | $67,500 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,444 | $266,998 | $132,875 | $134,123 | 
| 2024 | $4,444 | $272,200 | $132,875 | $139,325 | 
| 2023 | $4,281 | $249,702 | $0 | $0 | 
| 2022 | $4,301 | $227,002 | $132,875 | $94,127 | 
| 2021 | $4,663 | $231,879 | $132,875 | $99,004 | 
| 2020 | $4,382 | $216,397 | $132,875 | $83,522 | 
| 2019 | $4,496 | $217,747 | $132,875 | $84,872 | 
| 2018 | $4,467 | $216,494 | $132,875 | $83,619 | 
| 2017 | $4,459 | $217,803 | $132,875 | $84,928 | 
| 2016 | $4,513 | $220,419 | $132,875 | $87,544 | 
| 2015 | $1,614 | $223,035 | $132,875 | $90,160 | 
                Source: Public Records
                    
            
        Map
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