NOT LISTED FOR SALE

700 Island Retreat Rd Unit 45 Port Aransas, TX 78373

Padre Island Neighborhood

Estimated Value: $464,579 - $520,000

3 Beds
2 Baths
1,186 Sq Ft
$688/mo HOA Fee

Last Sold July 09, 2018

Current estimated payment $3,791/month

702 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Central Heating and Cooling System
  • Olsen Elementary School Rated A-

About This Home

As of July 2018

Harvey Special! 3 bedroom 2 bath Ground floor in Island Retreat I! Unit is steps to the pool, and great grassy area right in front of unit where you can watch your kids play or swim. Island Retreat has all the ammenities of a beachfront resort, tennis couts, 2 pools, playground, grilling areas, boardwalk to beach AND in the heart of town! Third party rentals ARE allowed. ****Building G sustained substantial damage from Hurricane Harvey. Entire Complex is under going repairs from the storm. Building G and Unit 45 are down to the studs and awaiting repair by HOA, it is going to get put back together to it's basic form BUT ALL NEW! Buyer will end up with a completely new condo and have the option to add upgrades. Completion time is unknown at this point. Buyer will be buying property AS-IS with all unknowns and has factored all risks associated with the condition of the condo. HOA fees are $688 a month, 2017 Taxes $4343.19, Insurance billed annually $3264.93

Last Agent to Sell the Property

Cherith Fenton

Whitten Real Estate, Inc. License #0547464 Listed on: 07/07/2016

Last Buyer's Agent

Cherith Fenton

Whitten Real Estate, Inc. License #0547464 Listed on: 07/07/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1968

Lot Details

  • 9,060

HOA Fees

  • $688 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Olsen Elementary School
  • Brundrett Middle School
  • Port Aransas High School

Additional Features

  • In Ground Pool
  • Beach Front
  • Central Heating and Cooling System

Community Details

  • Association fees include cable TV, ground maintenance, maintenance structure, trash, water
  • Island Retreat Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,506

Year Built

Built in 1968

Lot Details

0

HOA Fees

$688 per month

Listing Details

  • Property Sub Type Additional: Condominium
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0
  • Subdivision Name: ISLAND RETREAT
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: None
  • Living Area: 1186.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Beach Front
  • Pool Features: In Ground, Pool
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association Fee: 688.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Trash, Water

Schools

  • Elementary School: Olsen
  • Junior High Dist: Port Aransas ISD
  • High School: Port Aransas
  • Middle Or Junior School: Brundrett

Rental Info

  • Land Lease Amount: 249000.0

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Jul 6, 2018
Sold by
Groos Alicia M and Groos Ernest M
Bought by
Jacoby Homes Llc
Seller's Agent
Cherith Fenton
Whitten Real Estate, Inc.
Buyer's Agent
Cherith Fenton
Whitten Real Estate, Inc.
List Price
$249,000
Current Estimated Value
$483,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Blackwood Lyle Vernon and Blackwood Jewel Mullins
Bought by
Groos Alicia M and Groos Ernest M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,250
Interest Rate
4.58%
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
Jacoby Homes Llc -- First Title Company
Groos Alicia M -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groos Alicia M $132,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold -- -- --
06/09/2018 06/09/18 Pending -- -- --
07/07/2016 07/07/16 For Sale $249,000 -- $210 / Sq Ft
Source: South Texas MLS

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 $6,506 $501,679 $233,936 $267,743
2024 $6,506 $506,031 $373,800 $132,231
2023 $6,090 $481,900 $373,800 $108,100
2022 $5,352 $346,295 $140,175 $206,120
2021 $4,807 $283,540 $140,175 $143,365
2020 $4,376 $248,379 $140,175 $108,204
2019 $3,624 $194,878 $140,175 $54,703
2018 $3,419 $187,000 $141,450 $45,550
2017 $4,523 $247,826 $141,450 $106,376
2016 $4,307 $235,997 $141,450 $94,547
2015 $3,829 $201,807 $141,450 $60,357
2014 $3,829 $201,807 $108,445 $93,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 251261

South Texas MLS

APN: 248247