Check Availability
$285,000
House - For Sale

5516 Avenue P 1/2

Galveston, TX 77551
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2265 Sqft
$1,768
Estimated Monthly
$0
HOA / Fees
12.34%
Cap Rate

About This Property

Home and Garage Apartment on double lot on Galveston Island. With a little work, this property is an investment dream. Make the home yours and income with the garage apartment or two rentals on one property. 3 Car garage and workshop with double lot, totally fenced in. This mid town property is easy access to everything and is priced to sell fast. Big yard with room for a pool, rv parking, and more. Do not miss this opportunity.
Unit Size
2,265Ft²
Days on Market
82 days
Land Size
0.21 acres
Price per sqft
$126
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1960
Listed By
Last updated: 2 months ago (HAR #43761046)

Price History

Date / Event Date Event Price
Mar 21, 2024 Relisted $285,000
Relisted
Feb 18, 2024 In contract -
In contract
Feb 7, 2024 Listed by Lee DeForke Jr. $285,000
Listed by Lee DeForke Jr.
Jul 17, 2020 No longer available -
No longer available
Jun 28, 2020 Relisted $224,900
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Garage Features: Attached/Detached Garage, Oversized Garage, Tandem
Garage: 3 Spaces
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 3

Interior Information

Laundry Features: Electric Dryer Connections, Washer Connections
Flooring: Carpet
Living Area SqFt: 2265

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1995
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 920
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 3,185
  • Gross Building Area: 3,185
  • Building Area: 2,265
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: DENVER RESURVEY
  • Land Acres: 0.207
  • Legal Description 1: ABST 628 M B MENARD SUR LOTS 17,18 & 19 BLK 119 DENVER RESURVEY

Ownership

  • Current Owner : SCHLEISNER WILLIAM
  • Previous Owner : GARCIA JOSE EDUARDO
  • Previous Owner 2: GARCIA MARIA E
  • Owner Before Previous Owner: CHAPMAN PATRICIA GOMEZ
  • Owner Before Previous Owner 2: HAUPT LINDA JOYCE GOMEZ
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Galveston Independent School District
  • School Tax School District: RFL
  • Census Tract: 725400

Zoning

  • Zoning: GR

Geography

  • Assessors Map Reference: 356-D
  • Parcel: 2965-0119-0017-000
  • Block: 119
  • Lot: 17,18
  • Municipality: GALVESTON CITY
  • Latitude: 29.2817
  • Longitude: -94.8262

    Address

  • Full Address: 5516 Avenue P 1/2
  • Address - House Number: 5516
  • Address - Street Name: Avenue P 1/2
  • State: TX
  • City Name: Galveston
  • Carrier Code: C041
  • 4-Digit Zip Code: 5147
  • Zip Code: 77551

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,842
  • Tax Rate Code Area: S10

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 424,446
  • High Value: 530,481
  • Low Value: 318,410

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $286,635
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: Feb 05, 2008
  • First Open Lien Mortgage Loan Amount: $146,775
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2038
  • Second Open Lien Mortgage Lender: GREEN TREE SERVICING LLC
  • Second Open Lien Mortgage Recording Date: Aug 12, 2013
  • Second Open Lien Mortgage Loan Amount: $139,860
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2043

    Market Valuation

  • Market Total Value: $423,290
  • Market Land Value: $110,250
  • Market Improvement Value: $313,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,982

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2008
  • Current Sale Recording Date: Feb 05, 2008
  • Current Sale Transaction ID: 11462053894
  • Current Sale Price: $183,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2008006463
  • Previous Sale Recording Date: Oct 11, 2001
  • Previous Sale Contract Date: Oct 02, 2001
  • Previous Sale Amount: $78,900
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Feb 05, 2008
  • First Mortgage Loan Amount: $146,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Mar 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • Previous Mortgage Transaction Date: Oct 11, 2001
  • Previous Mortgage Loan Amount: $74,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Oct 05, 2031

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,357 ft²
$274,250 Aug 21, 2022
$247,000 - $301,000 Oct 3, 2022
$158/mo
House
3 Beds
2 Baths
1,849 ft²
$262,000 Mar 31, 2021
$236,000 - $288,000 May 27, 2021
$423/mo
House
2 Beds
2 Baths
1,580 ft²
$282,000 Dec 14, 2021
$254,000 - $310,000 Feb 25, 2022
$262/mo
House
2 Beds
1 Bath
1,550 ft²
$265,000 Oct 20, 2021
$239,000 - $291,000 Nov 19, 2021
$512/mo
House
3 Beds
2 Baths
1,664 ft²
$245,000 Jul 28, 2022
$221,000 - $269,000 Aug 16, 2022
$288/mo
House
3 Beds
1 Bath
1,600 ft²
$268,590 Jul 31, 2020
$242,000 - $294,000 Sep 1, 2020
$385/mo
House
4 Beds
2 Baths
1,671 ft²
$179/ft²
$299,900 Feb 28, 2024
-
-
House
4 Beds
2 Baths
1,357 ft²
$195/ft²
$265,000 Feb 5, 2024
-
$207/mo
House
3 Beds
2 Baths
1,597 ft²
$191/ft²
$305,000 Feb 10, 2024
-
$522/mo
House
3 Beds
2 Baths
1,500 ft²
$219/ft²
$329,000 Sep 15, 2023
-
$343/mo
House
2 Beds
2 Baths
1,188 ft²
$265/ft²
$315,000 Nov 1, 2023
-
$465/mo
House
2 Beds
2 Baths
1,109 ft²
$293/ft²
$325,000 Jan 25, 2024
-
$415/mo

About Bayou Shore


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Frequently Asked Questions

When was property at 5516 Avenue P 1/2 built and last sold?
The property at 5516 Avenue P 1/2 was built in 1960 and last sold on Feb 4, 2008 for $183,500.
How much is this home worth?
The estimated value of the home located at 5516 Avenue P 1/2 is $287,850.
What are some comparable homes to 5516 Avenue P 1/2?
Homes that are comparable to 5516 Avenue P 1/2 include a house property at 5401 Avenue P 1/2, 5420 Avenue O, 1824 Bayou Shore Drive.

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