NOT LISTED FOR SALE

7312 Seawall Blvd Unit 206 Galveston, TX 77551

Lake Madeline Neighborhood

Estimated Value: $266,021 - $320,000

2 Beds
2 Baths
905 Sq Ft
$776/mo HOA Fee

Last Sold April 12, 2024

Current estimated payment $2,521/month

12 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • High Ceiling
  • Oppe Elementary School Rated A-
  • 1 Fireplace
  • Family Room Off Kitchen

About This Home

As of April 2024

Wow! JUST REDUCED $10,000! Living on Galveston Island in a gated, 48 unit condo complex, The Palms, for sale a 2/2, second floor unit, gulf and swimming pool views, covered and assigned parking (2 spaces), updated, plantation shutters, double pane, high impact windows/sliding door, storm shutters, Plantation shutters on all windows, Selling Furnished. No vacation rentals allowed. (see sellers update list in attachments)

Last Agent to Sell the Property

Sue Johnson

Better Homes and Gardens Real Estate Gary Greene - Galveston License #0172481 Listed on: 03/07/2024

Better Homes and Gardens Real Estate Gary Greene - Galveston

Last Buyer's Agent

Holly Wade

Better Homes and Gardens Real Estate Gary Greene - Galveston License #0563142

Better Homes and Gardens Real Estate Gary Greene - Galveston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1983

Lot Details

  • 915

HOA Fees

  • $776 Monthly HOA Fees

Interior Spaces

  • 905 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Utility Room
  • Stacked Washer and Dryer
  • Beach Views
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 2 Carport Spaces
  • Assigned Parking

Schools

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

Additional Features

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

Community Details

Overview

  • Association fees include insurance, ground maintenance, sewer, trash, water
  • Palm Owner Association
  • Palms Condo Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,840

Year Built

Built in 1983

Lot Details

0

HOA Fees

$776 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1983
  • Ownership: Full Ownership
  • Subdivision Name: Palms Condo
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Washer, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen/Family Room Combo, Tub Shower, Ceiling Fan(s), Living/Dining Room
  • Living Area: 905.0
  • Dining Room Type: Living Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other
  • Pool Features: In Ground
  • Pool Private: No
  • View: Beach
  • View: Yes
  • Waterfront Features: Beach Front
  • Construction Type: Other

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Assigned

Utilities

  • Laundry Features: Stacked
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: 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
  • Association Fee: 776.0
  • Association Fee Frequency: Monthly
  • Association Name: Palm Owner Association

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 12, 2024
Sold by
Spivey Peggy D
Bought by
Marshall Gregory and Peters Alyson
Seller's Agent
Sue Johnson
Better Homes and Gardens Real Estate Gary Greene - Galveston
Buyer's Agent
Holly Wade
Better Homes and Gardens Real Estate Gary Greene - Galveston
List Price
$304,000
Views
194
Current Estimated Value
$295,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.93%
Original Mortgage
$60,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2020
Closed on
Aug 6, 2020
Sold by
Dorrington Lary A and Dorrington Beverly W
Bought by
Spivey Peggy D
Seller's Agent
Larry Williams
Buyer's Agent
Sara Nguyen
Better Homes and Gardens Real Estate Gary Greene - Sugar Land
List Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$170,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Davis Dwyane J and Davis Regina A
Bought by
Dorrington Lary A and Dorrington Beverly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2001
Sold by
Head Phillip
Bought by
Davis Dwyane J and Davis Regina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,650
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1998
Sold by
Halford Hollis D
Bought by
Landry Dale Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 1998
Sold by
Cooksey Lois Ann
Bought by
Halford Hollis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.66%
Mortgage Type
Seller Take Back
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
Marshall Gregory -- Texas American Title Company
Spivey Peggy D -- Texas American Title Co
Dorrington Lary A -- Startex Title Company
Davis Dwyane J -- Stewart Title Company
Landry Dale Wilson -- --
Halford Hollis D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marshall Gregory $60,000
Open Marshall Gregory $180,000
Previous Owner Spivey Peggy D $170,000
Previous Owner Dorrington Lary A $127,600
Previous Owner Davis Dwyane J $79,650
Previous Owner Landry Dale Wilson $46,000
Previous Owner Halford Hollis D $63,635
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2025 06/29/25 Off Market -- -- --
04/12/2024 04/12/24 Sold -- -- --
03/19/2024 03/19/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $304,000 +35.1% $336 / Sq Ft
08/06/2020 08/06/20 Sold -- -- -- View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $225,000 -- $249 / 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 $5,192 $297,550 $16,970 $280,580
2024 $5,192 $300,000 $16,970 $283,030
2023 $5,192 $276,960 $16,970 $259,990
2022 $5,334 $264,580 $16,970 $247,610
2021 $5,051 $223,310 $16,970 $206,340
2020 $4,989 $208,180 $16,970 $191,210
2019 $4,659 $188,920 $16,970 $171,950
2018 $4,675 $188,920 $16,970 $171,950
2017 $3,946 $161,410 $16,970 $144,440
2016 $3,946 $161,410 $16,970 $144,440
2015 $3,484 $140,770 $16,970 $123,800
2014 $3,530 $140,770 $16,970 $123,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sue Johnson

    Better Homes and Gardens Real Estate Gary Greene - Galveston

    Section Image
  • Holly Wade

    Buyer's Agent in 2024

    Holly Wade

    Better Homes and Gardens Real Estate Gary Greene - Galveston

    (409) 996-9126

    3 in this area

    46 Total Sales

    Holly Wade
    Section Image

  • L

    Seller's Agent in 2020

    Larry Williams

  • Sara Nguyen

    Buyer's Agent in 2020

    Sara Nguyen

    Better Homes and Gardens Real Estate Gary Greene - Sugar Land

    (832) 439-7600

    229 Total Sales

    Sara Nguyen
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 73341492

Houston Association of REALTORS®

APN: 5585-0001-0206-000

Texas Galveston County Galveston 77551 Lake Madeline

7312 Seawall Blvd Unit 206, Galveston, TX

Not Listed for Sale

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