NOT LISTED FOR SALE

Caribe Resort 28105 Perdido Beach Blvd Unit C-604 Orange Beach, AL 36561

Estimated Value: $923,473 - $1,026,000

3 Beds
3 Baths
1,896 Sq Ft
$515/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $585,000 $309 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,236/month

17 Days on Market

Highlights

  • Marina View
  • Property Fronts a Bay or Harbor
  • Gated with Attendant
  • Fishing Pier
  • Fitness Center
  • Jetted Tub in Primary Bathroom

About This Home

As of April 2018

Breathtaking views of Terry Cove and Old River. Spectacular sunsets! Spacious 3 bedroom with a huge balcony. Granite Counter tops, stainless steel appliances, wet bar. Extended tile in the living room/dining room. Jacuzzi in the master bath. Amenities include boat docks, spa, tennis, pools indoors and out and fitness center for starters. This is a luxury condo in a spectacular resort community. This unit is located in the middle building of the 3 towers and is on the 6th floor facing Terry Cove and Old River. This unit is beautifully decorated and maintained. It is a very successful rental.

Last Agent to Sell the Property

Pro Beach Buys Group

Kaiser Sotheby's Int-GS Listed on: 03/20/2018

Kaiser Sotheby's Int-GS

Co-Listed By

Bartlett Lewis

Bellator RE LLC Orange Beach

Last Buyer's Agent

Stan Szapiel

Caribe Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 2006

Lot Details

  • Landscaped

HOA Fees

  • $768 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 1,896 Sq Ft Home
  • Wet Bar
  • Furnished
  • Window Treatments
  • Tile Flooring
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Schools

  • Orange Beach Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 280759

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer
  • 4 Elevators
  • Caribe Community
  • The community has rules related to covenants, conditions, and restrictions
  • Community features wheelchair access
  • 13-Story Property

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Game Room

Recreation

  • Fishing Pier

Security

  • Gated with Attendant
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,094

Year Built

Built in 2006

Lot Details

0

HOA Fees

$768 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Property Amenities: Cable, Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Bay Front, Direct River Front, Direct Icw Front, Marina View, Northern View
  • Owners Association: Yes
  • Parcel Id Tax Id: 280759
  • Year Built: 2006
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Stack Washer/Dryer, Wine Cooler
  • Estimated Living Area: 1896
  • Balcony Size: 351 sq
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x15, On Level: Main Level
  • Bedroom 3: Dimensions: 11x13, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 4
  • Floors: Tile
  • Living Dining: Dimensions: 19x26, On Level: Main Level
  • Master Bed: Dimensions: 13x20, On Level: Main Level
  • Price Per Sq Ft: 308.54
  • Property Interior Stories: 1
  • Unit Floor: 6
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, Balcony/Patio, Direct Bay View-Primary

Exterior Features

  • Boat Facilities: Boat Dock, Rental Slip, Trailer Storage
  • Body Of Water: Old River
  • Exterior Finish: Glass, Stucco
  • Roof: Built Up Flat
  • Waterfront: Yes
  • Water Property Type: Bay Front - Building

Garage/Parking

  • Number Of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Garage Parking: Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Satellite, Sewage-City, Total Electric, Underground Utilities, Water Heater-Electric, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 768
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Common Lobby, Covered Entry, Exercise Room, Fishing Pier, Game Room, Gazebo, Guard At Gate, Pool - Indoor, Pool - Kiddie, Landscaping, Pool - Outdoor, Pets - Allowed, Security Card, Security System, Steam/Sauna, Tennis/Racquetball, Wheelchair Accessible, Gated
  • Condo Building Stories: 13
  • Condo Complex: Caribe

Schools

  • Elementary School: Orange Beach Elementary
  • High School: Gulf Shores High

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 3,094.40
  • Assessor Parcel Number: 280759

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Mar 1, 2018
Sold by
Kenyan Edwin L
Bought by
Gabriel Gameel
Seller's Agent
Pro Beach Buys Group
Kaiser Sotheby's Int-GS
Buyer's Agent
Stan Szapiel
Caribe Realty, Inc.
List Price
$629,000
Sold Price
$585,000
Premium/Discount to List
-$44,000
-7%
Current Estimated Value
$976,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,118
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Caribe Resort Phase 3 Inc
Bought by
Kenyan Edwin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,720
Interest Rate
6.52%
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
Gabriel Gameel $585,000 None Available
Kenyan Edwin L -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morehart Richard N $417,000
Previous Owner Kenyan Edwin L $512,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $585,000 -7.0% $309 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $629,000 -- $332 / 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 $2,276 $90,640 $0 $90,640
2023 $2,852 $89,120 $0 $89,120
2022 $4,611 $144,100 $0 $0
2021 $3,932 $121,340 $0 $0
2020 $3,713 $114,520 $0 $0
2019 $3,567 $109,960 $0 $0
2018 $3,300 $101,620 $0 $0
2017 $3,143 $96,700 $0 $0
2016 $3,082 $94,800 $0 $0
2015 $3,143 $96,700 $0 $0
2014 $3,021 $92,900 $0 $0
2013 -- $89,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 267207

Baldwin REALTORS®

APN: 65-05-03-0-000-005.004-976