NOT LISTED FOR SALE

5801 Gulf Blvd Unit 3 South Padre Island, TX 78597

Estimated Value: $402,000 - $530,000

3 Beds
4 Baths
1,518 Sq Ft
$300/mo HOA Fee

Last Sold January 24, 2018

Current estimated payment $3,063/month

231 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Balcony
  • Separate Shower in Primary Bathroom
  • In Ground Pool
  • 2 Car Attached Garage
  • 4-minute walk to Turtle Park

About This Home

As of January 2018

Recently updated 3/2/2 condo located at north end across from the Beach. Quiet, gated complex with only 6 units. Two car attached garage with 1/4 bath and plenty of storage space for all your beach toys. Second floor features open living and dining areas with spacious balcony and half bath. Third floor features three bedrooms and two full baths. Upgraded baths with granite, tile, and glass shower doors. Large closets in each bedroom. Complex has pool,hot tub, and large commons area. Ideal rental income potential with this unit!!!

Last Agent to Sell the Property

Dennis Franke

Franke Realty Listed on: 05/01/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1980

Lot Details

  • 3,311

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 1,518 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Schools

  • Port Isabel Elementary School
  • Port Isabel Junior High
  • Port Isabel High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 6752500000003000

Community Details

Overview

  • Kings Condominiums Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,512

Year Built

Built in 1980

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Directions: Go north on Padre Blvd and turn right on Parade St. Corner of Gulf and Parade.
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Kings Condominiums
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 3
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Dennis Franke
  • Non-Allowables: No
  • Non-Conveyances: N/A
  • Repairs YN: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Roof: Other
  • Spa Features: Outdoor Hot Tub
  • Appliances: Water Heater, Smooth Electric Cooktop, Dishwasher, Disposal, Dryer, Oven-Single, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1518
  • Window Features: Drapes/Curtains, Wood/Faux Blinds
  • Master Bedroom Features: Double Vanity, His and Hers Closets, Separate Shower

Exterior Features

  • Exterior Features: Balcony
  • Interior Amenities: Entrance Foyer, Countertops (Laminate), Built-in Features, Ceiling Fan(s), Split Bedrooms
  • Fencing: None
  • Pool Features: In Ground
  • Waterfront Features: Gulfside
  • Construction Type: Block, Stucco
  • Foundation Details: Other, Pilings
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, No Carport

Utilities

  • Utilities: Internet Access, Cable Available
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Port Isabel
  • High School: Port Isabel H.S.
  • Junior High Dist: Port Isabel ISD
  • Middle Or Junior School: Port Isabel Junior High

Lot Info

  • Parcel #: 6752500000003000
  • Own Lot YN: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jan 24, 2018
Sold by
Landa Reyna O
Bought by
Saenz Omar A
Seller's Agent
Dennis Franke
Franke Realty
List Price
$279,000
Current Estimated Value
$456,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$192,000
Outstanding Balance
$162,361
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$293,776

Purchase Details

Closed on
Oct 28, 2010
Sold by
Wisley Dale F and Wisley Vicki G
Bought by
Landa Reyna O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Estate Of Eva M Friedrichs and Garner Eva Ellen F
Bought by
Wolfe Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Saenz Omar A $192,000 Stewart Title Company
Landa Reyna O -- Dba Cameron County Title Co
Wolfe Jason E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saenz Omar A $192,000
Previous Owner Landa Reyna O $183,500
Previous Owner Wolfe Jason E $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2018 01/24/18 Sold -- -- --
12/18/2017 12/18/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $279,000 -- $184 / Sq Ft
Source: Greater McAllen 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 $4,444 $266,998 $132,875 $134,123
2024 $4,444 $272,200 $132,875 $139,325
2023 $4,711 $274,801 $132,875 $141,926
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 $4,478 $223,035 $132,875 $90,160
Source: Public Records

Agents Affiliated with this Home

  • Dennis Franke

    Seller's Agent in 2018

    Dennis Franke

    Franke Realty

    (956) 572-0608

    32 in this area

    38 Total Sales

    Dennis Franke
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 206741

Greater McAllen Association of REALTORS®

APN: 675250-0000-003000

Texas Cameron County South Padre Island 78597

5801 Gulf Blvd Unit 3, South Padre Island, TX

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