Under contract, no more showing Great subdivision with nice neighborhoods. It is a custom built and finished in 2016. The house has been raised up the foundation and the elevation brings down the flood insurance cost. There are upgraded slab, beams and rebars size with about 40pcs concrete piers under slabs, 32"x 32" tiles in living room and kitchen with all engineer wood floors in all the bedrooms. Open kitchen with a big island facing living room, high ceiling in Living room and master bedroom. Master bedroom suite offers Jacuzzi and large space shower. Wood deck in back yard for you to enjoy your free time. close to the beach and most of restaurants. The house leased since 2020 and lease will expired Aug.2022(Great tenants, rent 30K/year, never delay on rent) Appointment requires 24 hours notice

General Description

MLS#:

80445109 (HAR)

Sold Price Range:

$482,001 - $552,000

Listing Status:

Sold

Address:

5510 Teakwood Drive

City:

Galveston

State:

TX

Zip Code:

77551

County:

Galveston County

Subdivision:

Palm Circle (View subdivision price trend)

Legal Description:

ABST 628 PAGE 93 LOT 51 PALM CIRCLE

Property Type:

Single-Family

Bedrooms:

4 Bedroom(s)

Baths:

2 Full & 1 Half Bath(s)

Garage(s):

2 / Attached

Stories:

1

Style:

Other Style

Year Built:

2016 / Seller

Building Sqft.:

2,007186(m²) /Appraisal

Lot Size:

6,300 Sqft.585(m²) /Appraisal District

Key Map©:

774X

Market Area:

Midtown - Galveston

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Room Dimension

Primary Bedroom:

17'2"x12', 1st

Bedroom:

14'x11', 1st

Bedroom:

12'x11', 1st

Bedroom:

12'x11', 1st

Interior Features

Heating:

Central Gas

Cooling:

Central Electric

Exterior Features

Roof:

Other

Foundation:

Slab, Slab on Builders Pier

Private Pool:

No

Exterior Type:

Brick

Lot Description:

Other

Water Sewer:

Public Sewer, Public Water

Unit Location:

Other

Assigned School Information

District:	Galveston
Elementary School:	GISD OPEN ENROLL
Middle School:	GISD OPEN ENROLL
High School:	Ball High School Good |

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing Broker: KingFay Inc
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Selling Broker: KingFay Inc
Last updated as of: 07/27/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$198.05	$397,490	29.67%	$397,490	29.67%
2022	$152.74	$306,550	0.76%	$306,550	0.76%
2021	$151.59	$304,240	-1.61%	$304,240	23.19%
2020	$154.08	$309,230	28.50%	$246,961	10.00%
2019	$119.90	$240,640	17.90%	$224,510	10.00%
2018	$101.69	$204,100	0.00%	$204,100	0.00%
2017	$101.69	$204,100	9.84%	$204,100	9.84%
2016	$92.58	$185,810		$185,810

2023 Galveston County Appraisal District Tax Value
Market Land Value:	$77,180
Market Improvement Value:	$320,310
Total Market Value:	$397,490

2023 Tax Rates
GALVESTON COUNTY:	0.3342 %
GALVASTON COLLEGE:	0.1240 %
NAVIGATION DIST 01:	0.0254 %
COUNTY ROAD/FLOOD:	0.0078 %
GALVASTON ISD:	0.8475 %
GALVESTON CITY:	0.4089 %
Total Tax Rate:	1.7477 %

 

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