NOT LISTED FOR SALE

Sanibel Condominiums 1524 W Beach Blvd Unit 504 Gulf Shores, AL 36542

Estimated Value: $547,287 - $604,000

2 Beds
2.5 Baths
1,236 Sq Ft
$474/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $332,500 $269 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,776/month

6 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Fitness Center
  • Sauna
  • Gulf Shores Elementary School Rated A-
  • Lagoon View
  • Furnished

About This Home

As of February 2018

Beautifully upgraded 2 bed, 2.5 bath condo in Sanibel! Floor to ceiling windows give you an uninterrupted view of the Gulf of Mexico. The spacious open living area has seating for everyone. The dining area is large enough for a full size table and bar seating at the raised counter. Custom backsplash in the kitchen and all appliances have been replaced in the last 2 years. Guest Powder Room off the main hall. The Master Bathroom has a New Tiled Walk-In Shower, private toilet, and double custom sink cabinet. The Guest Bedroom also has a spacious, private en-suite bath. This tastefully decorated unit is being sold fully furnished including 3D TV, 3D Blueray, and Sound bar! The HVAC is less than 6 months old - replaced inside and out. Covered parking to keep your car cool on hot summer days and beach access across the street. Free use of the Exercise room and Sauna. Onsite management. Gulf front living without the gulf front price! Call your agent today to get your private tour.

Last Agent to Sell the Property

Kim Hoyt

RE/MAX Paradise Listed on: 01/14/2018

RE/MAX Paradise

Last Buyer's Agent

Paige Chappelle

RE/MAX Paradise

RE/MAX Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 2007

Lot Details

  • Landscaped
  • Property is zoned 2+ Family Residence

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 1,236 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Patio

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-3-001-077.000922

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, reserve funds, security, taxes-common area, telephone, trash, water/sewer, internet
  • 2 Elevators
  • Sanibel Community
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 2007

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Ceiling Fan(s), En-Suite, Internet, Patio, Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Indirect Lagoon Side
  • Zoning Area: 2+ Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-24-3-001-077.000922
  • Year Built: 2007
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 1236
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedrooms: 2
  • Den: Dimensions: 12x20, On Level: Main Level
  • Elevators: 2
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 6x12, On Level: Main Level
  • Living Room: Dimensions: 12x23, On Level: Main Level
  • Master Bed: Dimensions: 12x14, On Level: Main Level
  • Price Per Sq Ft: 269.01
  • Property Interior Stories: 1
  • Unit Floor: 5

Exterior Features

  • Exterior Finish: Stucco
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Underground Utilities, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 458
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Security, Taxes-Common Area, Telephone, Trash, Water/Sewer, Internet
  • Community Amenities: Bbq Area, Common Lobby, Covered Entry, Exercise Room, Landscaping, On-Site Management, Pool - Outdoor, Pets - Owners Only, Satellite Tv, Steam/Sauna
  • Condo Building Stories: 18
  • Condo Complex: Sanibel

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 2

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 877.02
  • Assessor Parcel Number: 297589

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2018
Closed on
Feb 27, 2018
Sold by
Stoelting John Michael and Stoelting Sheryl Lynn
Bought by
Erdman Michael D and Erdman Barbara A
Seller's Agent
Kim Hoyt
RE/MAX Paradise
Buyer's Agent
Paige Chappelle
RE/MAX Paradise
List Price
$340,000
Sold Price
$332,500
Premium/Discount to List
-$7,500
-2.21%
Current Estimated Value
$585,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,072
Avg. Annual Appreciation
7.81%
Original Mortgage
$2,493,756
Outstanding Balance
$2,124,270
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
-$1,538,698

Purchase Details

Closed on
Jul 28, 2011
Sold by
Sanibel Unit 504 Llc
Bought by
Stoelting John Michael and Stoelting Sheryl Lynn

Purchase Details

Closed on
Feb 6, 2007
Sold by
Simon Michael and Downey Roy A
Bought by
Sanibel Unit 504 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2006
Sold by
Sanibel Development Llc
Bought by
Simon Michael and Downey Roy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
5.62%
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
Erdman Michael D -- None Available
Stoelting John Michael -- None Available
Sanibel Unit 504 Llc -- None Available
Simon Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdmun Michael D $203,100
Open Erdman Michael D $2,493,756
Previous Owner Simon Michael $250,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $332,500 -2.2% $269 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/14/2018 01/14/18 For Sale $340,000 -- $275 / 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 $1,828 $55,380 $0 $55,380
2023 $1,813 $54,940 $0 $54,940
2022 $1,265 $38,320 $0 $0
2021 $1,175 $35,600 $0 $0
2020 $1,081 $32,760 $0 $0
2019 $1,040 $31,520 $0 $0
2018 $975 $30,900 $0 $0
2017 $930 $29,540 $0 $0
2016 $877 $27,940 $0 $0
2015 $793 $25,340 $0 $0
2014 $771 $24,720 $0 $0
2013 -- $22,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 264222

Baldwin REALTORS®

APN: 67-06-24-3-001-077.000-922