NOT LISTED FOR SALE

Sanibel Condominiums 1524 W Beach Blvd Unit 406 Gulf Shores, AL 36542

Estimated Value: $541,008 - $644,000

2 Beds
2.5 Baths
1,236 Sq Ft
$481/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $562,000 $455 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,054/month

22 Days on Market

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean
  • Gulf View
  • Gulf Shores Elementary School Rated A-
  • Fitness Center
  • Sauna

About This Home

As of March 2023

EXTRA LARGE 2/2.5 STR CONDO with FLOOR-TO-CEILING GLASS AND OVERSIZED BALCONY. BEAUTIFUL GULF VIEWS. The entire unit has tile. There is granite on all the counters. EXTRA WIDE FLOOR PLAN! Incredible Primary Suite with private, luxurious, upgraded walk in tile shower. Raised pool with workout room, sauna and gym on second floor. Fantastic location by the Lagoon & directly across from the BEACH! The rentals for this floor plan are around $50K-55K. Beach access is 200ft +/- away.

Last Agent to Sell the Property

The Pro Team

RE/MAX of Gulf Shores Listed on: 01/17/2023

RE/MAX of Gulf Shores

Last Buyer's Agent

Robin Roberts

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 2007

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,236 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Storage
  • Stacked Washer and Dryer
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub and Shower Combination in Primary Bathroom

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lake

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Heat Pump System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-3-001-077.000917

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
  • Sanibel Community
  • The community has rules related to covenants, conditions, and restrictions
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,350

Year Built

Built in 2007

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Ceiling Fan(s), En-Suite, Handicap Accessible, Internet, Storage-In, Wheelchair Accessible, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-24-3-001-077.000917
  • Year Built: 2007
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 406 SANIBEL CONDO IN THE CITY OF GULF SHORES SEC 24-T9S -R3E (WD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 1236
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedrooms: 2
  • Elevators: 2
  • Floors: Tile
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12x28, On Level: Main Level
  • Living Room: Dimensions: 12x20, On Level: Main Level
  • Master Bed: Dimensions: 12x14, On Level: Main Level
  • Price Per Sq Ft: 454.69
  • Property Interior Stories: 1
  • Unit Floor: 4
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, 1st Floor Primary, Private Water Closet, Tub/Shower Combo

Exterior Features

  • Boat Facilities: Trailer Storage
  • Exterior Finish: Stucco
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lake Accs (Wlk <=1/4 Mi), Public Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Heat Pump, Heat Pump (Cool)
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 534
  • 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, Condo 2-Bdrms In Complex, Covered Entry, Exercise Room, Fire Sprinkler System, Internet, Landscaping, Pool - Outdoor, Pets - Owners Only, Steam/Sauna
  • Condo Building Stories: 18
  • Condo Complex: Sanibel

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 406

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 2349.60
  • Assessor Parcel Number: 297584

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 9, 2023
Sold by
Jones Phyllis
Bought by
Sens Aaron Lewis and Sens Dona
Seller's Agent
The Pro Team
RE/MAX of Gulf Shores
Buyer's Agent
Robin Roberts
eXp Realty Southern Branch
List Price
$565,000
Sold Price
$562,000
Premium/Discount to List
-$3,000
-0.53%
Views
55
Current Estimated Value
$594,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,752
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Nov 24, 2017
Closed on
May 29, 2018
Sold by
Mckinney Leon E and Mckinney Linda L
Bought by
Jones Phyllis
Seller's Agent
Randall Matson
Visions Real Estate - Gulf Shores
Buyer's Agent
The Pro Team
Bonds Realty & Auction
List Price
$335,000
Sold Price
$316,000
Premium/Discount to List
-$19,000
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$252,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2017
Closed on
May 24, 2018
Sold by
Mckiney Leon E and Mckiney Linda L
Bought by
Mckinney Leon E and Mckinney Linda L
Seller's Agent
Randall Matson
Visions Real Estate - Gulf Shores
Buyer's Agent
The Pro Team
Bonds Realty & Auction
List Price
$335,000
Sold Price
$316,000
Premium/Discount to List
-$19,000
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2015
Sold by
Mckinney Lee E and Mckinney Linda L
Bought by
Mckinney Lee E and Mckinney Linda L

Purchase Details

Closed on
May 19, 2011
Sold by
Gault Craig C and Gault Kathy H
Bought by
Mckinney Leon E and Mckinney Linda L

Purchase Details

Closed on
Jun 24, 2008
Sold by
Graham H Douglas
Bought by
Gault Craig C and Gault Kathy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2007
Sold by
Sanibel Development Llc
Bought by
Graham H Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,750
Interest Rate
6.07%
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
Sens Aaron Lewis $562,000 --
Jones Phyllis $63,500 Chicago Title
Mckinney Leon E -- None Available
Mckinney Lee E $253,500 None Available
Mckinney Leon E -- None Available
Gault Craig C $297,100 Gtc
Graham H Douglas -- Gst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Phyllis $252,800
Previous Owner Gault Craig C $237,600
Previous Owner Graham H Douglas $234,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $562,000 -0.5% $455 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $565,000 +78.8% $457 / Sq Ft
05/30/2018 05/30/18 Sold $316,000 -4.2% $256 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $330,000 -1.5% $267 / Sq Ft
11/24/2017 11/24/17 For Sale $335,000 -- $271 / 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 $3,654 $110,740 $0 $110,740
2023 $3,625 $109,860 $0 $109,860
2022 $2,529 $76,640 $0 $0
2021 $2,407 $71,200 $0 $0
2020 $2,219 $65,500 $0 $0
2019 $2,138 $63,040 $0 $0
2018 $2,097 $61,800 $0 $0
2017 $2,007 $59,080 $0 $0
2016 $1,901 $55,860 $0 $0
2015 $1,730 $50,680 $0 $0
2014 $1,689 $49,440 $0 $0
2013 -- $44,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 340623

Baldwin REALTORS®

APN: 67-06-24-3-001-077.000-917