NOT LISTED FOR SALE

Sanibel Condominiums 1524 W Beach Blvd Unit 501 Gulf Shores, AL 36542

Estimated Value: $661,232 - $766,000

3 Beds
3 Baths
1,500 Sq Ft
$470/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $280,000 $187 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,249/month

51 Days on Market

Highlights

  • Fitness Center
  • Home fronts a lagoon or estuary
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Lobby

About This Home

As of August 2013

Property is a foreclosure Alabama Right of Redemption law apply. wonderful 3 bed and 3 bath unit! Great condition!Open floorplan. Enjoy a view of the Gulf from your living room. Large balcony gives a spectacular view of the Gulf, 2 large sliding glass doors lead back into the spacious living room for comfort! The master bedroom has a large bathroom as well as a private balcony with Lagoon View

Last Agent to Sell the Property

Non Member

Non Member Office Listed on: 06/25/2013

Last Buyer's Agent

Randall Matson

Visions Real Estate - Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,308

Year Built

  • Built in 2007

Lot Details

Parking

  • Covered Parking

Home Design

  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Combination Dining and Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6706243001077000919

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, water/sewer
  • Sanibel Community

Amenities

  • Lobby

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,308

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Property Amenities: Cable
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd, Direct Lagoon Front
  • Parcel Id Tax Id: 6706243001077000919
  • Year Built: 2007
  • Geo Subdivision: AL
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Estimated Living Area: 1500
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedroom 3: Dimensions: 10x10, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10x12, On Level: Main Level
  • Dining Area Type: Lvg/Dng Combo
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 12x9, On Level: Main Level
  • Living Room: Dimensions: 18x10
  • Master Bed: Dimensions: 12x14
  • Price Per Sq Ft: 186.67

Exterior Features

  • Exterior Finish: Stucco
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Association Fees: 508
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Water/Sewer
  • Community Amenities: Common Lobby, Exercise Room, Pool - Outdoor
  • Condo Complex: Sanibel

Tax Info

  • Assessor Parcel Number: 297586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Sep 10, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sund Curtis W
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
Randall Matson
Visions Real Estate - Gulf Shores
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$704,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,308
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Jun 5, 2013
Sold by
Morris Michael R and Morris Connie A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 14, 2007
Sold by
Smith Jack
Bought by
Morris Michael R and Morris Connie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sund Curtis W $280,000 First American
Federal Home Loan Mortgage Corporation $305,445 None Available
Morris Michael R -- Gst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Michael R $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $280,000 0.0% $187 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $280,000 -- $187 / 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 $4,308 $130,560 $0 $130,560
2023 $4,249 $128,760 $0 $128,760
2022 $3,072 $93,080 $0 $0
2021 $2,859 $84,480 $0 $0
2020 $2,555 $75,260 $0 $0
2019 $2,504 $73,720 $0 $0
2018 $2,403 $70,660 $0 $0
2017 $2,251 $66,040 $0 $0
2016 $2,099 $61,440 $0 $0
2015 $2,048 $59,900 $0 $0
2014 $1,997 $58,360 $0 $0
2013 -- $30,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 201003

Baldwin REALTORS®

APN: 67-06-24-3-001-077.000-919