NOT LISTED FOR SALE

Romar Place Condominiums 24038 Perdido Beach Blvd Unit 502 Orange Beach, AL 36561

Estimated Value: $697,000 - $790,000

3 Beds
2 Baths
1,250 Sq Ft
$595/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $745,000 $596 Per Sq Ft

Current estimated payment $4,867/month

2 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • Community Barbecue Grill
  • Community Indoor Pool
  • Community Wi-Fi
  • Tile Flooring

About This Home

As of June 2022

Romar Place unit 502. Upgraded gulf front condo Highly desired 5 floor unit In a very low density complex Of Romar place. Three bedrooms two baths. Sleeps 8 people. Perfectly located on one of Orange Beach is best location. Close to restaurants and entertainment. Complex Amenities include a gulf - facing pool surrounded by paver decking, indoor heated pool, hot tub, sauna, barbecue area, and beach chairs and umbrella service. Private boardwalk to the beach with showers. Just steps away from some of the most beautiful white sugar sand beaches. Some artwork does not convey. Owner reservation from May 11th - May 18th must be honored.

Last Agent to Sell the Property

Robert Stuart

Bellator RE LLC Orange Beach Listed on: 04/19/2022

Bellator RE LLC Orange Beach

Co-Listed By

Patrick McKoon

Coldwell Banker Coastal Realty

Last Buyer's Agent

Dallas Jones

Century 21 J Carter & Company

Century 21 J Carter & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1995

Lot Details

  • Property fronts gulf or ocean
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 5th floor
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 65-04-18-0-000-007.003927

Community Details

Overview

  • Association fees include management, cable, common area maintenance, custodial services, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer, pool
  • 2 Elevators
  • Romar Place Community
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,760

Year Built

Built in 1995

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Construction Status: Resale
  • Property Amenities: Internet
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-04-18-0-000-007.003927
  • Year Built: 1995
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living/Dining
  • 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: 1250
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14x11, On Level: Main Level
  • Bedroom 3: Dimensions: 11x10, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 11x12, On Level: Main Level
  • Living Dining: Dimensions: 24x12, On Level: Main Level
  • Master Bed: Dimensions: 15x11, On Level: Main Level
  • Price Per Sq Ft: 596
  • Property Interior Stories: 1
  • Unit Floor: 5
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Balcony/Patio, Direct Gulf View-Primary

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • 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 Maintenance, Custodial Services, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Pool
  • Community Amenities: Bbq Area, Condo 3-Bdrms In Complex, Fire Sprinkler System, Internet, Pool - Indoor, Pool - Outdoor
  • Condo Building Stories: 11
  • Condo Complex: Romar Place

Lot Info

  • Lot Description: 1-3 Acres

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 2760.00
  • Assessor Parcel Number: 200595

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 2, 2022
Sold by
Blackburn Robert J and Blackburn Cathy B
Bought by
Wagganer Joseph and Wagganer Talisa
Seller's Agent
Robert Stuart
Bellator RE LLC Orange Beach
Buyer's Agent
Dallas Jones
Century 21 J Carter & Company
List Price
$749,900
Sold Price
$745,000
Premium/Discount to List
-$4,900
-0.65%
Current Estimated Value
$744,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$966
Avg. Annual Appreciation
-0.04%
Original Mortgage
$558,750
Outstanding Balance
$467,542
Interest Rate
4.52%
Mortgage Type
Balloon
Estimated Equity
$276,492

Purchase Details

Listed on
Dec 10, 2013
Closed on
May 23, 2014
Sold by
Harkey Foster Waltre Rex and Harkey Foster Amelie
Bought by
Blackburn Robert J and Blackburn Cathy B
Seller's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
Buyer's Agent
Robert Stuart
Sugar Sands Realty & Mgt, Inc.
List Price
$334,000
Sold Price
$334,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$247,758
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wagganer Joseph $745,000 Professional Land Title
Blackburn Robert J $334,258 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagganer Joseph $558,750
Previous Owner Blackburn Robert J $247,758
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $745,000 -0.7% $596 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $749,900 +124.5% $600 / Sq Ft
05/30/2014 05/30/14 Sold $334,000 0.0% $267 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $334,000 -- $267 / 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 $4,480 $140,000 $0 $140,000
2023 $4,096 $128,000 $0 $128,000
2022 $3,200 $100,000 $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 $960 $30,000 $0 $0
2013 -- $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Stuart

    Seller's Agent in 2022

    Robert Stuart

    Bellator RE LLC Orange Beach

    (251) 677-8399

    23 in this area

    34 Total Sales

    Robert Stuart
    Section Image
  • Patrick McKoon

    Seller Co-Listing Agent in 2022

    Patrick McKoon

    Coldwell Banker Coastal Realty

    (334) 540-1023

    8 in this area

    21 Total Sales

    Patrick McKoon
    Section Image
  • Dallas Jones

    Buyer's Agent in 2022

    Dallas Jones

    Century 21 J Carter & Company

    (251) 504-6604

    6 in this area

    56 Total Sales

    Dallas Jones
    Section Image
  • Ricky Carruth

    Seller's Agent in 2014

    Ricky Carruth

    eXp Realty, LLC Gulf Shores Br

    (251) 752-1138

    42 in this area

    107 Total Sales

    Ricky Carruth
    Section Image
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About Romar Place Condominiums

Map

Source: Baldwin REALTORS®

MLS Number: 329347

Baldwin REALTORS®

APN: 65-04-18-0-000-007.003-927

Alabama Baldwin County Orange Beach 36561

24038 Perdido Beach Blvd Unit 502, Orange Beach, AL

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