NOT LISTED FOR SALE

1500 W Beach Blvd Unit 522 Gulf Shores, AL 36542

Estimated Value: $293,000 - $393,000

2 Beds
1.5 Baths
724 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $225,000 $311 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,376/month

109 Days on Market

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean
  • Furnished
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Home

As of August 2020

Fantastic TOP FLOOR unit * DIRECTLY ACROSS THE STREET FROM THE BEACH Sea Horse Complex consists of 6 buildings, each building is a 4-plex Unit 522 is a 2 Bedroom 1.5 Bath unit being sold FURNISHED & RENT READY 2 PARKING SPACES, PET FRIENDLY, SCHOOL BUS STOP, Public BOAT DOCK to the LAGOON NEW Kitchen Appliances & Counter Tops NEW Floors in kitchen and living room NEW A/C NEW Water Heater NEW Bathroom Vanity

Last Agent to Sell the Property

Victoria Bryan

RE/MAX of Gulf Shores Listed on: 03/04/2020

RE/MAX of Gulf Shores

Last Buyer's Agent

Susan Bibby

Coastal Resort Realty

Coastal Resort Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1983

Lot Details

  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 724 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Gulf Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Outdoor Storage

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 053201
  • $500 special tax assessment

Community Details

Overview

  • $350 Additional Association Fee
  • Association fees include cable, common area insurance, common area maintenance, pest control, taxes-common area, water/sewer, pool
  • Sea Horse Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1983

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Additional Amenity Fees: 350
  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Storage-Out
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 500
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 053201
  • Year Built: 1983
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range-Electric, Refrigerator, Smoke Detector, Stack Washer/Dryer, Cooktop
  • Estimated Living Area: 724
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 11x18, On Level: Main Level
  • Bedrooms: 2
  • Floors: Carpet, Laminate
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12x6, On Level: Main Level
  • Living Dining: Dimensions: 11x16, On Level: Main Level
  • Master Bed: Dimensions: 11x12, On Level: Main Level
  • Price Per Sq Ft: 310.77
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Half Bath Only

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Wood
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Parking Spaces: 2
  • Garage Parking: Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Baldwin Co Sewer Service, Cable Tv, Sewage-City, Total Electric, Underground Utilities, Water-City, Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 375
  • Association Fees Include: Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Taxes-Common Area, Water/Sewer, Pool
  • Community Amenities: Bbq Area, Landscaping, Pool - Outdoor, Pets - Owners Only, Pets - Limited # Pets
  • Condo Building Stories: 2
  • Condo Complex: Sea Horse

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Gulf Shores Elementary
  • High School: Gulf Shores High

Lot Info

  • Lot Block Unit: 522

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 549.78
  • Assessor Parcel Number: 053201

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Aug 20, 2020
Sold by
Phillips Larry Neal and Phillips Kelley J
Bought by
Roberts Mary Lu
Seller's Agent
Victoria Bryan
RE/MAX of Gulf Shores
Buyer's Agent
Susan Bibby
Coastal Resort Realty
List Price
$234,999
Sold Price
$225,000
Premium/Discount to List
-$9,999
-4.25%
Current Estimated Value
$334,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,700
Avg. Annual Appreciation
8.57%
Original Mortgage
$180,000
Outstanding Balance
$162,166
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$177,263

Purchase Details

Closed on
Nov 22, 2011
Sold by
Wilson Jeffrey Michael and Wilson Bradford Wayne
Bought by
Phillips Larry Neal and Phillips Kelley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Neal Thomas E and Neal Judith S
Bought by
Wilson Jeffrey Michael and Wilson Bradford Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
5.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Roberts Mary Lu $225,000 None Available
Phillips Larry Neal $115,250 None Available
Wilson Jeffrey Michael -- Plt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Mary Lu $180,000
Previous Owner Phillips Larry Neal $86,250
Previous Owner Wilson Jeffrey Michael $223,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $225,000 -2.2% $311 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $230,000 -2.1% $318 / Sq Ft
03/04/2020 03/04/20 For Sale $234,999 -- $325 / 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 $2,127 $64,440 $0 $64,440
2023 $2,016 $61,100 $0 $61,100
2022 $1,672 $50,680 $0 $0
2021 $1,376 $41,260 $0 $0
2020 $634 $19,200 $0 $0
2019 $550 $16,660 $0 $0
2018 $502 $15,200 $0 $0
2017 $418 $12,680 $0 $0
2016 $401 $12,160 $0 $0
2015 $347 $10,500 $0 $0
2014 $347 $10,500 $0 $0
2013 -- $10,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 294634

Baldwin REALTORS®

APN: 67-06-24-3-001-081.000-919