NOT LISTED FOR SALE

7312 Seawall Blvd Unit 122 Galveston, TX 77551

Lake Madeline Neighborhood

Estimated Value: $206,308 - $232,000

1 Bed
1 Bath
632 Sq Ft
915 Sq Ft Lot

Last Sold April 10, 2012

Current estimated payment $1,486/month

Highlights

  • Gated with Attendant
  • Gulf View
  • Contemporary Architecture
  • Oppe Elementary School Rated A-
  • Waterfront
  • Furnished

About This Home

As of February 2020

Fully furnished 1/1 condo with beach views from every room! Quiet and sought after The Palms is a gated 48 unit friendly community that does not allow vacation rentals. Located on the first floor with quick access to the pool area where you can enjoy swimming, lush tropical landscaping, beach chairs to sunbathe, shaded seating area at the gazebos, and reserved area for grilling/outdoor entertaining. The Seawall is right across the street to enjoy the beach or a walk/jog/bike along the nation's longest continuous sidewalk. Beach views are visible from your open living/dining/kitchen areas. All furniture remains down to the kitchenware and linens. Full-size stacked washer/dryer inside condo. Private gated parking comes with 1 assigned parking space below the complex and guest parking in the front. Condo also comes with an assigned storage unit and mailbox. Enjoy Gulf side living!

Last Agent to Rent the Property

Nicki Huprich

RE/MAX Leading Edge License #0585949 Listed on: 01/05/2020

RE/MAX Leading Edge

Last Renter's Agent

Nicki Huprich

RE/MAX Leading Edge License #0585949 Listed on: 01/05/2020

RE/MAX Leading Edge

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 632 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Utility Room
  • Stacked Washer and Dryer
  • Gulf Views
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Terrace

Schools

  • Gisd Open Enroll Elementary And Middle School
  • Ball High School

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property Available on 2/3/20
  • Long Term Lease

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Additional Features

  • Palms Condo Subdivision
  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,770

Year Built

Built in 1983

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Long Term
  • Available Date: 2020-02-03

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Year Built: 1983
  • Lot Size Acres: 0.021
  • Subdivision Name: Palms Condo
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium,Townhouse
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Oven, Trash Compactor, Dryer, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Crown Molding, Pantry, Tub Shower, Window Treatments, Ceiling Fan(s), Living/Dining Room
  • Living Area: 632.0
  • Dining Room Type: Living Room, Utility Room
  • Stories: 1

Exterior Features

  • Disclosures: None
  • Lot Features: Views, Waterfront
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Terrace

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned, Attached, Underground, Garage

Utilities

  • Utilities: Cable Available, Sewer Available, Trash Collection, Water Available
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Stacked
  • Security: Gated with Attendant
  • Cooling: Attic Fan, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: GISD OPEN ENROLL
  • Junior High Dist: 22 - Galveston
  • High School: BALL HIGH SCHOOL
  • Middle Or Junior School: GISD OPEN ENROLL

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2006
Sold by
Griffith Richard G and Griffith Rene A
Bought by
Arenas Gilberto M and Arenas Esther B
Current Estimated Value
$222,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Outstanding Balance
$51,177
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$171,150

Purchase Details

Closed on
May 9, 2002
Sold by
Iden Jimmy and Iden David
Bought by
Griffith Richard G and Griffith Rene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
7.1%
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
Arenas Gilberto M -- Texas American Title Company
Griffith Richard G -- South Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arenas Gilberto M $90,800
Previous Owner Griffith Richard G $53,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2025 02/03/25 Off Market $1,300 -- --
01/06/2025 01/06/25 Off Market $1,275 -- --
12/30/2021 12/30/21 Off Market $1,375 -- --
12/30/2021 12/30/21 Off Market $1,325 -- --
02/05/2020 02/05/20 Rented $1,300 +8.3% --
01/06/2020 01/06/20 Under Contract -- -- --
01/05/2020 01/05/20 For Rent $1,200 -5.9% --
01/05/2020 01/05/20 Rented $1,275 -10.5% --
12/06/2019 12/06/19 Under Contract -- -- --
07/16/2019 07/16/19 For Rent $1,425 +3.6% --
09/28/2018 09/28/18 Rented $1,375 -1.8% --
08/29/2018 08/29/18 Under Contract -- -- --
07/16/2018 07/16/18 For Rent $1,400 +5.7% --
02/04/2018 02/04/18 Rented $1,325 -1.9% --
01/08/2018 01/08/18 For Rent $1,350 +1.9% --
01/08/2018 01/08/18 Rented $1,325 +35.9% --
01/31/2017 01/31/17 Rented -- -- --
01/01/2017 01/01/17 Under Contract -- -- --
11/28/2016 11/28/16 For Rent -- -- --
03/18/2015 03/18/15 Rented -- -- --
02/16/2015 02/16/15 Under Contract -- -- --
12/27/2014 12/27/14 For Rent -- -- --
07/24/2014 07/24/14 Rented -- -- --
06/24/2014 06/24/14 Under Contract -- -- --
06/02/2014 06/02/14 For Rent -- -- --
07/13/2013 07/13/13 Rented -- -- --
06/13/2013 06/13/13 Under Contract -- -- --
05/01/2013 05/01/13 For Rent -- -- --
04/10/2012 04/10/12 Sold -- -- -- View Prior Sale
04/10/2012 04/10/12 For Sale $975 -- $2 / Sq Ft
Source: Houston 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 $3,770 $205,712 $11,850 $193,862
2024 $3,770 $217,860 $11,850 $206,010
2023 $3,770 $193,400 $11,850 $181,550
2022 $3,725 $184,760 $11,850 $172,910
2021 $3,527 $155,940 $11,850 $144,090
2020 $3,484 $145,370 $11,850 $133,520
2019 $3,253 $131,930 $11,850 $120,080
2018 $3,265 $131,930 $11,850 $120,080
2017 $2,756 $112,710 $11,850 $100,860
2016 $2,756 $112,720 $11,850 $100,870
2015 $2,433 $98,310 $11,850 $86,460
2014 $2,465 $98,310 $11,850 $86,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 76426269

Houston Association of REALTORS®

APN: 5585-0002-0122-000