General Description
minimizeMotivated seller! Priced to sell! Beautifully renovated historic mid-rise in the heart of Downtown Galveston. Wonderful opportunity to own a penthouse loft on the fifth floor of The Strand Lofts with magnificent views of the bay harborside. Spacious open concept living with gorgeous exposed beams, original brick walls, hardwood floors and high end finishes throughout. Oversized island kitchen, granite countertops, stainless appliances, and an abundance of storage makes this the perfect kitchen for the foodie enthusiast as well as entertaining. Both bedrooms have plenty of closet space plus there is an additional storage unit for decorations, etc. You can bring the entertaining outdoors to the rooftop balcony with amazing views. Within walking distance to all that downtown has to offer, The Strand, Post Office Street, restaurants, shopping, art, and the theater. You will not want to miss out on this opportunity to enjoy downtown living rather it is on the weekends or all year round.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $238.08 | $401,170 | 0.81% | $401,170 | 0.81% |
2022 | $236.16 | $397,930 | 30.85% | $397,930 | 30.85% |
2021 | $180.48 | $304,110 | -25.69% | $304,110 | -25.69% |
2020 | $242.88 | $409,260 | -3.80% | $409,260 | 5.51% |
2019 | $252.48 | $425,430 | 20.64% | $387,904 | 10.00% |
2018 | $209.28 | $352,640 | 84.74% | $352,640 | 84.74% |
2017 | $113.28 | $190,880 | 0.00% | $190,880 | 0.00% |
2016 | $113.28 | $190,880 | -50.00% | $190,880 | -50.00% |
2015 | $226.56 | $381,760 | $381,760 |
2023 Galveston County Appraisal District Tax Value
Market Land Value: | $29,120 |
Market Improvement Value: | $372,050 |
Total Market Value: | $401,170 |
2023 Tax Rates
GALVESTON COUNTY: | 0.3676 % |
GALVASTON COLLEGE: | 0.1320 % |
NAVIGATION DIST 01: | 0.0285 % |
COUNTY ROAD/FLOOD: | 0.0084 % |
GALVASTON ISD: | 1.0350 % |
GALVESTON CITY: | 0.4445 % |
Total Tax Rate: | 2.0161 % |
Estimated Mortgage/Tax
minimizeEstimated Monthly Principal & Interest (Based on the calculation below) | $ 1,833 |
Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 674 |
Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool 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.
ASSIGNED SCHOOLS
Good |
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Property Map
minimize2400 Mechanic Street #501 Galveston TX 77550 was recently sold. It is a 1,685 SQFT, 2 Beds, 2 Full Bath(s) in THE STRAND LOFTS.
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