NOT LISTED FOR SALE

5801 Gulf Blvd Unit 5 South Padre Island, TX 78597

Estimated Value: $430,000 - $530,000

3 Beds
4 Baths
1,518 Sq Ft
$500/mo HOA Fee

Last Sold July 30, 2020

Current estimated payment $3,283/month

80 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • Covered Patio or Porch
  • In Ground Pool
  • Granite Countertops
  • 4-minute walk to Turtle Park

About This Home

As of July 2020

Completely upgraded and 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: 04/15/2020

Last Buyer's Agent

Non-Participating Agent

Non-Participant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1980

Lot Details

  • Property fronts gulf or ocean
  • Sprinkler System

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Combination Foundation
  • Slate Roof

Interior Spaces

  • 1,518 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Utilities District Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6752500000005000

Community Details

Overview

  • Kings Condos Association

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,409

Year Built

Built in 1980

Lot Details

0

HOA Fees

$500 per month

Parking

1

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: Other
  • 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
  • Repairs YN: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Roof: Slate
  • Furnished: Furnished
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1518
  • Window Features: Drapes
  • Master Bedroom Features: Double Vanity, Other

Exterior Features

  • Exterior Features: Balcony, Other, Sprinkler System
  • Interior Amenities: Countertops (Granite), Ceiling Fan(s), Crown/Cove Molding, Dryer, Microwave, Other, Split Bedrooms, Walk-In Closet(s), Washer
  • Fencing: Other
  • Lot Features: Sidewalks, Sprinkler System
  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Gulfside
  • Home Warranty: No
  • Construction Type: Block
  • Foundation Details: Combination
  • Patio And Porch Features: Covered Patio, Deck/Balcony/Porch
  • Pool YN: Yes
  • Golf Cart: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 1

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer, MUD

Condo/Co-op/Association

  • Community Features: Other, Pool, Sidewalks
  • Association Fee: 1500
  • Association Fee Frequency: Quarterly
  • Association Name: Kings Condos
  • 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 #: 6752500000005000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jul 31, 2020
Sold by
Landa Reyna
Bought by
Silar Patti Sue and Silar John Avery
Seller's Agent
Dennis Franke
Franke Realty
Buyer's Agent
Non-Participating Agent
Non-Participant
List Price
$293,000
Current Estimated Value
$466,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
Jun 14, 2006
Sold by
Miller Evelyn J
Bought by
Landa Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Silar Patti Sue -- Rio Grande Valley Abstract C
Landa Reyna -- Southern Texas Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landa Reyna $208,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold -- -- --
07/02/2020 07/02/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $293,000 -- $193 / 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 $4,095 $260,000 $132,875 $127,125
2024 $4,095 $250,800 $132,875 $117,925
2023 $4,300 $250,800 $132,875 $117,925
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 2020

    Dennis Franke

    Franke Realty

    (956) 572-0608

    32 in this area

    37 Total Sales

    Dennis Franke
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Participating Agent

    Non-Participant

See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 331702

Greater McAllen Association of REALTORS®

APN: 675250-0000-005000

Texas Cameron County South Padre Island 78597

5801 Gulf Blvd Unit 5, South Padre Island, TX

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