NOT LISTED FOR SALE

25805 Perdido Beach Blvd Unit 409 Orange Beach, AL 36561

Estimated Value: $466,000 - $571,000

2 Beds
2 Baths
1,088 Sq Ft
$467/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $512,000 $471 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,494/month

3 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Unit is on the top floor
  • Bonus Room
  • Fitness Center
  • Vaulted Ceiling
  • Furnished

About This Home

As of July 2022

Welcome to Paradise at Grand Caribbean 409! This fully furnished, beautifully updated unit is perfect for full time living or a second home with additional rental income. The exterior was completely renovated in 2021 with new roof (metal), windows & doors, hardiboard siding & paint and new elevators! Condo amenities are all brand new as of 2021 - private pool, fitness facility, covered veranda and grilling area with gazebo! This 2 bedroom, 2 bathroom top floor unit boasts vaulted ceilings and a gorgeous open floor plan with updated kitchen, dining room banquette seating and spacious living room area. Also on the main level, you will find a large primary bedroom with ensuite bathroom and balcony access, a second guest room and full bath, washer & dryer closet, pantry and owner’s closet. The spiral staircase leads to an upstairs loft area perfect for additional sleeping space. The interior has new stainless steel appliances, interior paint throughout, new HVAC (2017) and updated flooring in loft. Soak in the amazing gulf and pool views from the balcony, located directly across the street from the Cotton Bayou Public Beach Access. Close proximity to the Gulf State Park, Cotton Bayou Boat Ramp and Trailhead and all of the popular Orange Beach restaurants & attractions! On-site private security provided through HOA and newly installed security cameras monitor all floors. Owners can have pets. Current rental income for Summer 2022 is approximately $11K and is managed by iTrip - buyers to honor all rentals through August 1st, 2022. Open House scheduled for Saturday, May 14th 12p to 2p and Sunday, May 15th 12p to 2p.

Last Agent to Sell the Property

Lyndsi Hughes

Keller Williams Homewood License #123735 Listed on: 05/12/2022

Keller Williams Homewood

Last Buyer's Agent

Jonathan Lazzarino

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 2003

Lot Details

  • Property fronts gulf or ocean
  • Sprinkler System

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Gulf
  • Pool

Home Design

  • Entry on the 4th floor
  • Reinforced Concrete Foundation
  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Vinyl Siding
  • Piling Construction
  • Hardboard

Interior Spaces

  • 1,088 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Bonus Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 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
  • Cable TV Available

Additional Features

  • Water access To Gulf or Ocean
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 65-03-08-0-000-003.005984

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, custodial services, pest control, reserve funds, security, taxes-common area, trash, water/sewer, clubhouse, pool
  • 2 Elevators
  • Grand Caribbean Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 2003

Lot Details

0

HOA Fees

$538 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, P-I-P Reinforced Concrete, Pilings, Slab & Piers
  • Construction Status: Resale
  • Flood Zone: AE,0.2 PCT
  • Property Amenities: Cable, Ceiling Fan(s), Internet, Vaulted Ceiling
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Top Floor
  • View: Direct Gulf-Across Rd, Pool Area View
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-03-08-0-000-003.005984
  • Year Built: 2003
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT #409 GRAND CARIBBEAN CONDO IN CITY OF ORANGE BEACH SEC 8-T9S-R5E (ST WD-SURVIVORSHIP)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 1088
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10x11, On Level: Main Level
  • Bedrooms: 2
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 10x13, On Level: Main Level
  • Living Dining: Dimensions: 13x20, On Level: Main Level
  • Master Bed: Dimensions: 12x12, On Level: Main Level
  • Other Room: Dimensions: 12x15, On Level: 2
  • Other Rooms: Bonus Room
  • Price Per Sq Ft: 470.59
  • Property Interior Stories: 1
  • Unit Floor: 4
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Balcony/Patio, Direct Gulf View-Primary

Exterior Features

  • Boat Facilities: Boat Lot, Boat Ramp
  • Exterior Finish: Vinyl, Wood, Hardboard, Metal
  • Roof: Metal
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 538
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Custodial Services, Pest Control, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Clubhouse, Pool
  • Community Amenities: Bbq Area, Common Lobby, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Exercise Room, Fire Sprinkler System, Pool - Outdoor, Pets - Owners Only, Private Security
  • Condo Building Stories: 4
  • Condo Complex: Grand Caribbean

Schools

  • Elementary School: Orange Beach Elementary
  • High School: Orange Beach

Lot Info

  • Lot Block Unit: #409
  • Lot Description: Less Than 1 Acre, Water View

Rental Info

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

Tax Info

  • Property Taxes: 1796.48
  • Assessor Parcel Number: 255269

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 8, 2022
Sold by
Apple Terry G and Apple Jennifer K
Bought by
Miller Joseph and Miller Maegan
Seller's Agent
Lyndsi Hughes
Keller Williams Homewood
Buyer's Agent
Jonathan Lazzarino
eXp Realty Southern Branch
List Price
$518,900
Sold Price
$512,000
Premium/Discount to List
-$6,900
-1.33%
Current Estimated Value
$508,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,651
Avg. Annual Appreciation
-0.22%
Original Mortgage
$460,800
Outstanding Balance
$437,589
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$70,760

Purchase Details

Listed on
Jun 22, 2015
Closed on
Sep 16, 2015
Sold by
Parker Emmett Loring
Bought by
Apple Terry G and Apple Jennifer K
Seller's Agent
Hunter McClure
Pointe South
Buyer's Agent
Non Member
Non Member Office
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$202,410
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Miller Joseph $512,000 Pipkin Leigh L
Apple Terry G $224,910 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Joseph $460,800
Previous Owner Apple Terry G $202,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $512,000 -1.3% $471 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $518,900 +130.7% $477 / Sq Ft
09/18/2015 09/18/15 Sold $224,900 0.0% $207 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $224,900 -- $207 / 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 $3,482 $108,800 $0 $108,800
2023 $3,078 $94,140 $0 $94,140
2022 $2,089 $65,280 $0 $0
2021 $1,818 $56,140 $0 $0
2020 $1,762 $54,400 $0 $0
2019 $1,553 $47,880 $0 $0
2018 $1,553 $47,880 $0 $0
2017 $1,484 $45,700 $0 $0
2016 $1,393 $42,860 $0 $0
2015 $1,079 $33,720 $0 $0
2014 $1,066 $32,640 $0 $0
2013 -- $28,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 330614

Baldwin REALTORS®

APN: 65-03-08-0-000-003.005-984