Welcome to the Historic Panama Lofts located in the famous and very popular Strand District. This building was built in 1912 and opened in 1913 as the Panama Hotel. In 2005 work began to convert it to lofts. Exposed brick, hardwood floors, high ceilings and tall windows are only a few of the beautiful characteristics of this 2 bedroom, 2 bath (split plan). This floor plan makes great use of the square footage. Recent upgrades throughout...lighting, flooring, bathroom updates, kitchen updates, etc. Building offers very nice amenities: controlled entry, elevator, fitness room, private wine storage, individual caged storage for beach toys, bikes, luggage, etc., lovely lobby with kitchenette and half bath, gated parking adjacent to the building, and pool. Walking distance to numerous restaurants, bars, museums, cruise terminals, shopping and more! Short term rentals are not allowed.

General Description

MLS#:

38119020 (HAR)

Sold Price Range:

$325,001 - $370,000

Listing Status:

Sold

Address:

202 25th Street #204

Unit No.:

204

City:

Galveston

State:

TX

Zip Code:

77550

County:

Galveston County

Subdivision:

Panama Historic Condos 2006 (View subdivision price trend)

Legal Description:

PANAMA HISTORIC CONDOS (2006) ABST 628 UNIT 204 & 5.263% INT

Property Type:

Townhouse/Condo - Condominium

Bedrooms:

2 Bedroom(s)

Baths:

2 Full Bath(s)

Stories:

1

Style:

Other Style

Year Built:

1912 / Appraisal District

Building Sqft.:

1,186110(m²) /Appraisal District

Lot Size:

1,186 Sqft.110(m²) /Appraisal District

Maintenance Fee:

$ 600 / Monthly

Key Map©:

334D

Market Area:

Downtown - Galveston/The Strand

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Room Dimension

Living:

26x13, 1st

Primary Bedroom:

14x11, 1st

Bedroom:

12x11, 1st

Interior Features

Pets Allowed:

With Restrictions

Countertop:

quartz

Room Description:

1 Living Area

Kitchen Description:

Breakfast Bar, Kitchen open to Family Room

Bedroom Description:

All Bedrooms Down, Split Plan

Heating:

Central Electric

Cooling:

Central Electric

Dishwasher:

Yes

Microwave:

Yes

Range:

Electric Cooktop

Oven:

Electric Oven

Disposal:

Yes

Appliances:

Dryer Included, Refrigerator, Stacked, Washer Included

Exterior Features

Roof:

Built Up

Foundation:

Slab

Private Pool Desc:

In Ground

Private Pool:

Yes

Exterior Type:

Brick, Stone

Parking:

Automatic Driveway Gate, Paved Area

Controlled Access:

Automatic Gate

Water Sewer:

Public Sewer, Public Water

Area Pool:

Yes

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: BHGRE Gary Greene
Email Listing Broker

Selling Broker: Joe Tramonte Realty, Inc.
Last updated as of: 07/23/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$298.20	$353,670	10.48%	$353,670	38.45%
2022	$269.91	$320,110	37.85%	$255,442	10.00%
2021	$195.80	$232,220	0.22%	$232,220	0.22%
2020	$195.37	$231,710	19.15%	$231,710	19.15%
2019	$163.97	$194,470	0.00%	$194,470	0.00%
2018	$163.97	$194,470	0.00%	$194,470	0.00%
2017	$163.97	$194,470	-0.01%	$194,470	-0.01%
2016	$163.98	$194,481	0.00%	$194,481	0.00%
2015	$163.98	$194,481	55.60%	$194,481	55.60%
2014	$105.39	$124,991	0.00%	$124,991	0.00%
2013	$105.39	$124,991	0.00%	$124,991	0.00%
2012	$105.39	$124,991		$124,991

2023 Galveston County Appraisal District Tax Value
Market Land Value:	$10,080
Market Improvement Value:	$343,590
Total Market Value:	$353,670

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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