NOT LISTED FOR SALE

7312 Seawall Blvd Unit 216 Galveston, TX 77551

Lake Madeline Neighborhood

Estimated Value: $220,583 - $230,000

1 Bed
1 Bath
657 Sq Ft
$526/mo HOA Fee

Last Sold May 26, 2023

Current estimated payment $1,851/month

14 Days on Market

Highlights

  • Beach Front
  • Fiberglass Pool
  • Deck
  • Oppe Elementary School Rated A-
  • Gated Community
  • Outdoor Kitchen

About This Home

As of May 2023

The Palms is a boutique enclave of only 48 units and is the best kept secret on the island. This unit has spectacular ocean front views and features new vinyl plank flooring throughout, recent paint, wood burning fireplace, crown molding and kitchen with granite countertops and updated cabinetry. The primary bedroom features a large walk-in closet and a glimpse of the ocean as well. Come add your personal touches to make this sanctuary your full-time home or weekend getaway. Storage unit also included with unit. There are no short-term rentals allowed which helps make this haven an even more peaceful and serene retreat. Fabulous location just minutes to trendy restaurants, coffee shops, Pleasure Pier, The Strand and Moody Gardens.

Last Agent to Sell the Property

Debbie Levine

Martha Turner Sotheby's International Realty License #0473455 Listed on: 05/04/2023

Martha Turner Sotheby's International Realty

Last Buyer's Agent

Andrea Sunseri

Sand N Sea Properties, LLC License #0238535

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,355

Year Built

  • Built in 1983

Lot Details

  • Beach Front
  • Home Has East or West Exposure
  • Fenced Yard

HOA Fees

  • $526 Monthly HOA Fees

Property Views

  • Beach
  • Gulf

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 657 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Security Gate

Kitchen

  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Stacked Washer and Dryer

Parking

  • 1 Detached Carport Space
  • Electric Gate
  • Controlled Entrance

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Thermostat

Outdoor Features

  • Fiberglass Pool
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, trash, water
  • Midtown Management Association
  • Palms Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • The building has rules on how big a pet can be within a unit

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,355

Year Built

Built in 1983

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1983
  • Ownership: Full Ownership
  • Subdivision Name: Palms Condo
  • Architectural Style: Mediterranean
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat, Windows
  • Property Sub Type Additional: Condominium
  • UniversalParcelId: urn:reso:upi:2.0:US:48167:5585-0002-0216-000
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Disposal, Microwave, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Plank, Vinyl
  • Interior Amenities: Crown Molding, Granite Counters, Pantry, Tub Shower, Vanity, Window Treatments, Ceiling Fan(s), Living/Dining Room, Programmable Thermostat
  • Living Area: 657.0
  • Dining Room Type: Living Room, Utility Room
  • Stories: 2
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Tile
  • Pool Features: Fiberglass
  • Pool Private: No
  • View: Southern Exposure, Beach, Gulf
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Deck, Fence, Outdoor Kitchen, Patio, Storage, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Deck, Patio

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Controlled Entrance, Detached Carport, Underground, Electric Gate

Utilities

  • Laundry Features: Laundry in Utility Room, 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
  • Amenities: Gated
  • Association Fee: 526.0
  • Association Fee Frequency: Monthly
  • Association Name: Midtown Management
  • Pets Allowed: Pet Restrictions

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, 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: 2022
  • Tax Annual Amount: 3355.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2003
Sold by
Webb Rodney W
Bought by
Kirby Mark Ross
Current Estimated Value
$224,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Outstanding Balance
$25,048
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,598
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kirby Mark Ross -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirby Mark Ross $58,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold -- -- --
05/18/2023 05/18/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $219,000 -- $333 / 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 $1,687 $211,709 $12,320 $199,389
2024 $1,687 $214,000 $12,320 $201,680
2023 $1,687 $183,037 $0 $0
2022 $835 $166,397 $0 $0
2021 $3,422 $151,270 $12,320 $138,950
2020 $3,361 $146,260 $12,320 $133,940
2019 $3,144 $127,500 $12,320 $115,180
2018 $2,990 $128,410 $12,320 $116,090
2017 $2,685 $109,830 $12,320 $97,510
2016 $2,689 $109,998 $12,318 $97,680
2015 $793 $102,198 $12,318 $89,880
2014 $907 $88,708 $12,318 $76,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 49601321

Houston Association of REALTORS®

APN: 5585-0002-0216-000