2400 Mechanic Street #501

Galveston, TX 77550
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Sold
Sold
$420,001 - $482,000
Sold on March 26, 2021
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2 Bedroom(s)
2 Full Bath(s)
1,685 Sqft.
Mid/Hi-Rise Condo

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$598K
AVM Value
$471K
AVM Value
$401K
Value Range
$538K - $658K
Value Range
$445K - $498K
Value Range
$ 401,170
Confidence Score
90%

Margin of Error*: 10%
Confidence Score
97%

Margin of Error*: 6%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Motivated 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.

MLS#
13099219
Sold Price Range
$420,001 - $482,000
Listing Status
Sold
Address
2400 Mechanic Street #501
Unit No.
501
City
State
TX
Zip Code
Building Name
Legal Description
THE STRAND LOFTS CONDOS (2015) ABST 628, UNIT 501, 3.69% COM
Property Type
Mid/Hi-Rise Condo
Bedroom
2 Bedroom(s)
Bath
2 Full Bath(s)
Year Built
2014 / Appraisal District
Building Size
1,685 Sqft/Appraisal District
Maintenance Fee
$838 / Monthly
Key Map©
334D

Exterior

Private Pool
No
Lot Description
Water View
Water Amenity
Bay View
Parking
Assigned Parking, Controlled Entrance, Unassigned Parking
Parking Space
2
Controlled Access
Card/Code Access
Building Features
Storage Outside of Unit
Unit Location
Water View
Area Pool
No
Exterior
Balcony/Terrace, Exercise Room, Storage, Trash Pick Up

Rooms

Primary Bedroom
13 x 13, 1st
Bedroom
11 x 11, 1st

Interior

Countertop
Granite
Floors
Stone, Tile, Wood
Bathroom Description
Double Sinks, Primary Bath Shower Only
Bedroom Description
En-Suite Bath
Kitchen Description
Breakfast Bar,Island w/o Cooktop,Kitchen open to Family Room,Under Cabinet Lighting
Room Description
1 Living Area,Kitchen/Dining Combo,Living/Dining Combo,Loft
Cooling
Central Electric
Heating
Central Electric
Washer/Dryer Conn
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Oven
Electric Oven
Range
Electric Range
Appliances
Dryer Included, Refrigerator, Washer Included
Energy Feature
Digital Program Thermostat
Interior
Brick Walls, Central Laundry, Elevator, Formal Entry/Foyer, Refrigerator Included

Lot information

Lot Size
0 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
Yes / $838 / Monthly
Maint Fee Includes
Building & Grounds,Insurance Common Area,Intrusion Alarm System,Recreational Facilities,Trash Removal,Water and Sewer
Taxes w/o Exemp
$9,808/2020
Tax Rate
2.3966

Additional information

List Type
Exclusive Right to Sell/Lease
Management Co Onsite
No
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

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.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 26, 2024 at 09:02 AM
Listing last updated Apr 05, 2021 at 04:16 PM

2400 Mechanic Street #501, Galveston, TX 77550. View photos, map, tax, nearby homes for sale, home values, school info...

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