NOT LISTED FOR SALE

Romar Place Condominiums 24038 Perdido Beach Blvd Unit 302 Orange Beach, AL 36561

Estimated Value: $730,000 - $818,000

3 Beds
2 Baths
1,250 Sq Ft
$611/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $550,000 $440 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,010/month

30 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Community Indoor Pool
  • Furnished
  • Fitness Center
  • Sauna
  • Community Wi-Fi

About This Home

As of March 2021

Enter this updated coastal oasis at Romar Place featuring one of the most beautiful Gulf views in Orange Beach! This tastefully decorated 3 bedroom unit has been updated and provides a healthy rental history for the coastal investor. Updated kitchen with stainless steel appliances, tile floors throughout. Enjoy gulf views and balcony access from the master bedroom. Romar Place is a multi-faceted resort destination featuring a sparkling Gulf-front pool and an expansive beach front accessible by a boardwalk.

Last Agent to Sell the Property

Susan Kaylor

Meyer Real Estate Listed on: 01/01/2021

Meyer Real Estate

Last Buyer's Agent

Donna Davis

Keller Williams AGC Realty - Orange Beach

Keller Williams AGC Realty - Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1995

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Sprinkler System
  • Property is zoned Within Corp Limits

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Flat Roof Shape
  • Block Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 1,250 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 65-04-18-0-000-007.003915

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash, water/sewer, internet, pool
  • 2 Elevators
  • Romar Place Community
  • The community has rules related to covenants, conditions, and restrictions
  • 15-Story Property

Amenities

  • Community Wi-Fi

Recreation

  • Community Spa
  • Children's Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 1995

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), Internet
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front
  • Zoning Area: Within Corp Limits
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-04-18-0-000-007.003915
  • Year Built: 1995
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range-Electric, Smoke Detector
  • Estimated Living Area: 1250
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x12, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 11x9, On Level: Main Level
  • Living Dining: Dimensions: 12x14, On Level: Main Level
  • Master Bed: Dimensions: 11x12, On Level: Main Level
  • Primary Bedroom Bathroom: Balcony/Patio, Direct Gulf View - Master, Single Vanity
  • Price Per Sq Ft: 440
  • Property Interior Stories: 1
  • Unit Floor: 3
  • 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: Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 600
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Covered Entry, Exercise Room, Fire Sprinkler System, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, On-Site Management, Pool - Outdoor, Spa/Hot Tub, Steam/Sauna
  • Condo Building Stories: 15
  • Condo Complex: Romar Place

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 302
  • Lot Description: Waterfront

Rental Info

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

Tax Info

  • Property Taxes: 2600.32
  • Assessor Parcel Number: 200583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Mar 5, 2021
Sold by
Plunkett Family Limited Partnership
Bought by
Mann Stephen C and Mann Tina K
Seller's Agent
Susan Kaylor
Meyer Real Estate
Buyer's Agent
Donna Davis
Keller Williams AGC Realty - Orange Beach
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%
Current Estimated Value
$764,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,158
Avg. Annual Appreciation
7.33%
Original Mortgage
$275,000
Outstanding Balance
$246,518
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$517,640

Purchase Details

Listed on
Aug 25, 2014
Closed on
Feb 5, 2015
Sold by
Cullen Robert J and Cullen Saleta C
Bought by
Plunkett Family Limited Partnership
Seller's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
Buyer's Agent
Bobby Hill
Century 21 J Carter & Company
List Price
$343,750
Sold Price
$343,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
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
Mann Stephen C $550,000 Atc
Plunkett Family Limited Partnership $344,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Stephen C $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $550,000 -5.0% $440 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $579,000 +68.4% $463 / Sq Ft
02/06/2015 02/06/15 Sold $343,750 0.0% $275 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
08/25/2014 08/25/14 For Sale $343,750 -- $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 $4,928 $154,000 $0 $154,000
2023 $4,506 $140,800 $0 $140,800
2022 $3,520 $110,000 $0 $0
2021 $2,817 $86,260 $0 $0
2020 $2,817 $86,260 $0 $0
2019 $2,657 $81,260 $0 $0
2018 $2,472 $75,500 $0 $0
2017 $2,184 $66,500 $0 $0
2016 $2,136 $65,000 $0 $0
2015 $2,136 $65,000 $0 $0
2014 $1,976 $60,000 $0 $0
2013 -- $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susan Kaylor

    Meyer Real Estate

    Section Image
  • Donna Davis

    Buyer's Agent in 2021

    Donna Davis

    Keller Williams AGC Realty - Orange Beach

    (251) 923-8390

    39 in this area

    151 Total Sales

    Donna Davis
    Section Image
  • Ricky Carruth

    Seller's Agent in 2015

    Ricky Carruth

    eXp Realty, LLC Gulf Shores Br

    (251) 752-1138

    42 in this area

    107 Total Sales

    Ricky Carruth
    Section Image
  • Bobby Hill

    Buyer's Agent in 2015

    Bobby Hill

    Century 21 J Carter & Company

    (205) 324-1303

    1 in this area

    6 Total Sales

    Bobby Hill
    Section Image
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About Romar Place Condominiums

Map

Source: Baldwin REALTORS®

MLS Number: 307697

Baldwin REALTORS®

APN: 65-04-18-0-000-007.003-915

Alabama Baldwin County Orange Beach 36561

24038 Perdido Beach Blvd Unit 302, Orange Beach, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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