Check Availability
$610,000
House - For Sale

3616 Avenue L

Galveston, TX 77550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2487 Sqft
$3,813
Estimated Monthly
$0
HOA / Fees
2.52%
Cap Rate

About This Property

This recently updated multi family property hosts a historic 2-beds, 2-baths home, located in the East End District of Galveston that provides easy and convenient access to the beach, as well as local restaurants and shops! Located at the back of the property, there is a 2-bed, 1-bath apartment with a living room, full kitchen and two car garage!  This property provides a great opportunity for any investor with major potential as a short term rental. This beautiful home has its original wood flooring, as well as original wood shiplap paneling throughout to give it updated yet timeless character. Hosting a spacious floor plan that provides seamless and convenient access between the dining, kitchen, and living areas. Large windows provide entry to an abundance of natural light, giving this home an airy, charming feeling. This property is a perfect mix of classic charm and modern comfort, in a great location! Investors you don't want to miss out on this one!
Unit Size
2,487Ft²
Days on Market
82 days
Land Size
0.11 acres
Price per sqft
$245
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
1965
Listed By
Last updated: 3 months ago (HAR #25752356)

Price History

Date / Event Date Event Price
Feb 6, 2024 No longer available -
No longer available
Feb 5, 2024 Listed by Real Broker, LLC $610,000
Listed by Real Broker, LLC
Dec 20, 2023 Price Decreased $615,000
↓ $25K (3.8%)
Price Decreased
Sep 14, 2023 Listed by Real Broker, LLC $639,500
Listed by Real Broker, LLC
This recently updated multi family property hosts a historic 2-beds, 2-baths home, located in the East End District of Galveston that provides easy and convenient access to the beach, as well as local restaurants and shops! Located at the back of the property, there is a 2-bed, 1-bath apartment with a living room, full kitchen and two car garage! This property provides a great opportunity for any investor with major potential as a short term rental. This beautiful home has its original…
Aug 22, 2023 Sold to Larry Pace $707,560
Sold to Larry Pace
Show More

Property Highlights

Air Conditioning
Parking Details
Has Garage
Garage Features: Detached Garage
Garage: 2 Spaces
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 3

Interior Information

Laundry Features: Electric Dryer Connections, Washer Connections
Living Area SqFt: 2487

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1995
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,967
  • Total Building Area: 2,067
  • Gross Building Area: 2,067
  • Building Area: 2,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 2,067
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALVESTON TOWNSITE
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ABST 628 M B MENARD SUR W 1/2 OF LOT 11 & E PT OF LOT 12 & S 1/2 OF ADJ ALLEY (11-1) BLK 96 GALVESTON

Ownership

  • Current Owner : PACE LARRY
  • Previous Owner : PACE PROPERTIES LLC - 3616 AVENUE L PS
  • Owner Before Previous Owner: 4 P HOMES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Galveston Independent School District
  • School Tax School District: RFL
  • Census Tract: 725100

Zoning

  • Zoning: GR

Geography

  • Assessors Map Reference: 357-A
  • Parcel: 3505-0096-0011-001
  • Block: 9
  • Lot: 11,12
  • Municipality: GALVESTON CITY
  • Latitude: 29.2944
  • Longitude: -94.807

    Address

  • Full Address: 3616 Avenue L
  • Address - House Number: 3616
  • Address - Street Name: Avenue L
  • State: TX
  • City Name: Galveston
  • Carrier Code: C030
  • 4-Digit Zip Code: 4135
  • Zip Code: 77550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,507
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: S10

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 608,748
  • High Value: 722,576
  • Low Value: 494,920

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: OCMBC, INC.
  • First Open Lien Mortgage Recording Date: Aug 22, 2023
  • First Open Lien Mortgage Loan Amount: $532,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $486,740
  • Market Land Value: $60,850
  • Market Improvement Value: $425,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,740
  • Assessed Land Value: $60,850
  • Assessed Improvements Value: $425,890

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Transaction ID: 11911673789
  • Current Sale Price: $707,560
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 39827
  • Previous Sale Recording Date: May 18, 2023
  • Previous Sale Contract Date: May 05, 2023
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC, INC.
  • First Mortgage Transaction Date: Aug 22, 2023
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,450 ft²
$565,000 Jan 9, 2022
$509,000 - $621,000 Mar 7, 2022
$449/mo
House
4 Beds
4 Baths
2,548 ft²
$615,000 Jul 20, 2022
$554,000 - $676,000 Oct 6, 2022
$255/mo
House
4 Beds
2 Baths
2,343 ft²
$585,000 Aug 9, 2023
$527,000 - $643,000 Sep 25, 2023
$365/mo
House
4 Beds
3 Baths
2,188 ft²
$550,000 Sep 8, 2022
$495,000 - $605,000 Nov 3, 2022
$293/mo
House
4 Beds
3 Baths
2,329 ft²
$585,000 Feb 3, 2022
$527,000 - $643,000 Mar 7, 2022
$518/mo
House
4 Beds
3 Baths
1,892 ft²
$579,000 Aug 10, 2022
$522,000 - $636,000 Sep 16, 2022
$538/mo
House
4 Beds
4 Baths
2,215 ft²
$282/ft²
$625,000 Nov 13, 2023
-
$438/mo
House
4 Beds
4 Baths
2,518 ft²
$194/ft²
$488,500 Nov 22, 2023
-
$966/mo
House
4 Beds
3 Baths
2,171 ft²
$242/ft²
$525,000 Sep 29, 2023
-
$870/mo
House
4 Beds
2 Baths
2,912 ft²
$199/ft²
$579,000 Jun 26, 2023
-
$1,045/mo
House
4 Beds
3 Baths
2,208 ft²
$226/ft²
$499,000 Jan 10, 2024
-
$444/mo
In Contract
House
4 Beds
3 Baths
1,890 ft²
$331/ft²
$625,000 Dec 16, 2023
-
$554/mo

About Carver Park


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Frequently Asked Questions

When was property at 3616 Avenue L built and last sold?
The property at 3616 Avenue L was built in 1965 and last sold on Aug 21, 2023 for $707,560.
How much is this home worth?
The estimated value of the home located at 3616 Avenue L is $614,686.
What are some comparable homes to 3616 Avenue L?
Homes that are comparable to 3616 Avenue L include a house property at 3919 Ursuline, 3111 Avenue O 1/2, 3301 Ursuline.

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