NOT LISTED FOR SALE

Estimated Value: $685,004 - $797,000

2 Beds
2 Baths
1,310 Sq Ft
$561/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $600,000 $458 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,149/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • 4.12 Acre Lot
  • Beachside
  • Fitness Center
  • Furnished

About This Home

As of October 2021

Wow – THIS is the 2BR unit you’ve been looking for! Can’t say enough about the upgrades and improvements to this beautiful residence at Palacio! To start…TILE FLOORING runs throughout the ENTIRE CONDO, including the spacious Gulf balcony with its amazing views of the beach. Golden sunsets with pink afterglows and spectacular moonrises can be mesmerizing from this serene place. Then continue to the kitchen, with its updated custom designed cabinetry, granite countertops, stylish backsplash, and new stainless appliances. Notice the lighter tone of the upper cabinets, with the lower cabinets having a tasteful sage green hue. The lower cabinets also feature deep drawers and corner access allowing you to utilize every inch of storage. The master bedroom features a walk-in closet with custom-built shelving and an ensuite bath with a new comfort height toilet. The central HVAC SYSTEM was replaced in JUNE 2020 with a top-of-the-line Carrier Infinity model including an in-duct air purifier. The WATER HEATER was replaced in JUNE 2021 with a Rheem Gladiator 50-gallon model. The washer and dryer have been upgraded to full size capacity. The 2nd bedroom is currently being used as an office; it has a futon which makes into a queen-sized bed. This excellent unit is being sold furnished. Everything conveys as viewed except for seller’s personal items and computer equipment. The Palacio complex offers a conference room, community pool with sundeck, HEATED LAP POOL, hot tub and fitness room. Two tennis courts and a gazebo picnic area are located directly across the street. COVERED GARAGE PARKING FOR OWNER USE ONLY! Palacio is convenient to golf, dining, boating, and shopping. Other attractions in the area include the Gulf Islands National Seashore, National Museum of Naval Aviation, the Pensacola Lighthouse and Fort Barrancas. Need to see this one right away!

Last Agent to Sell the Property

Pete King

Pointe South Listed on: 09/25/2021

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 2001

Lot Details

  • 4.12 Acre Lot
  • Beachside
  • Landscaped
  • Sprinkler System
  • Property is zoned 2+ Family Residence

HOA Fees

  • $535 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Steel Frame
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 1,310 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Parking Lot

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 353S324200000037

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, taxes-common area, trash, water/sewer, internet, pool
  • 2 Elevators
  • Palacio Community
  • 19-Story Property

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Meeting Room
  • Lobby
  • Community Wi-Fi

Recreation

  • Community Spa

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,962

Year Built

Built in 2001

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Steel Frame
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), Internet, Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front
  • Zoning Area: 2+ Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 353S324200000037
  • Year Built: 2001
  • Geo Subdivision: FL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator, Smoke Detector, Stack Washer/Dryer
  • Estimated Living Area: 1310
  • Balcony Size: 218 sf
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 2
  • Dining Area Type: Lvg/Dng Combo
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 9x7, On Level: Main Level
  • Living Dining: Dimensions: 13x30, On Level: Main Level
  • Master Bed: Dimensions: 20x13, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Jetted Tub, Separate Shower, Walk In Closet, Balcony/Patio, Private Water Closet, Direct Gulf View - Master
  • Price Per Sq Ft: 458.02
  • Property Interior Stories: 1
  • Unit Floor: 7
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Roof: Built Up Flat
  • Waterfront: Yes
  • Water Property Type: Beach Side - Building, Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Covered Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 535
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Common Lobby, Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Condo 4-Bdrms In Complex, Covered Entry, Exercise Room, Fire Sprinkler System, Gazebo, Internet, Landscaping, Meeting Room, On-Site Management, Pool - Outdoor, Pets - Owners Only, Spa/Hot Tub, Tennis/Racquetball, Water Access-Deeded
  • Condo Building Stories: 19
  • Condo Complex: Palacio

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Lot Info

  • Estimated Lot Size: 4.12
  • Lot Block Unit: Unit 703
  • Lot Description: Waterfront

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Restricted: Yes

Tax Info

  • Property Taxes: 2962
  • Assessor Parcel Number: 00000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 28, 2021
Sold by
Masson Michael J and Turner Maureen L
Bought by
Eudaley Patricia L
Seller's Agent
Pete King
Pointe South
Buyer's Agent
Non Member
Non Member Office
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%
Current Estimated Value
$734,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,751
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Apr 16, 2013
Closed on
Aug 30, 2013
Sold by
Acker Linda W and Linda W Acker Living Trust
Bought by
Masson Michael J and Turner Maureen L
Seller's Agent
Pete King
POINTE SOUTH
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$344,500
Sold Price
$328,000
Premium/Discount to List
-$16,500
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$240,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Zimmerman Brad M and Zimmerman Georgeanne R
Bought by
Acker Linda W and Linda W Acker Living Trust

Purchase Details

Closed on
May 30, 2003
Sold by
E Key L L C
Bought by
Zimmerman Brad M and Zimmerman Georgeanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.79%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eudaley Patricia L $600,000 Attorney
Masson Michael J $328,000 None Available
Acker Linda W $308,000 None Available
Zimmerman Brad M $346,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masson Michael J $255,000
Previous Owner Masson Michael J $240,000
Previous Owner Zimmerman Brad M $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $600,000 -3.1% $458 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $619,000 +88.7% $473 / Sq Ft
08/30/2013 08/30/13 Sold $328,000 -4.8% $250 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $344,500 -- $263 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,337 $569,850 -- $569,850
2023 $7,337 $543,650 $0 $543,650
2022 $6,970 $510,900 $0 $510,900
2021 $3,049 $250,898 $0 $0
2020 $2,963 $247,434 $0 $0
2019 $2,912 $241,871 $0 $0
2018 $2,910 $237,362 $0 $0
2017 $2,905 $232,480 $0 $0
2016 $2,887 $227,699 $0 $0
2015 $2,886 $226,117 $0 $0
2014 $2,887 $224,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 320621

Baldwin REALTORS®

APN: 35-3S-32-4200-000-037