NOT LISTED FOR SALE

Caribe Resort 28107 Perdido Beach Blvd Unit D503 Orange Beach, AL 36561

Estimated Value: $953,000 - $1,078,000

3 Beds
3 Baths
1,796 Sq Ft
$570/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $895,000 $498 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,660/month

1 Day on Market

Highlights

  • Fishing Pier
  • Property Fronts a Bay or Harbor
  • Gated with Attendant
  • Lazy River
  • Fitness Center
  • Sauna

About This Home

As of February 2022

STUNNING bayside unit with three bedrooms and three baths! Incredible views of the islands and backwaters. Upscale furnishings, vinyl plank floors, and a gourmet kitchen make this unit a must see. Excellent rental history and potential.

Last Agent to Sell the Property

Ron Herrington

RE/MAX Gulf Properties Listed on: 12/29/2021

RE/MAX Gulf Properties

Last Buyer's Agent

Clarke Armstrong

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $728 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Block Foundation
  • Stone Foundation
  • Stone Exterior Construction

Interior Spaces

  • 1,796 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 65-05-03-0-000-005.001-959

Community Details

Overview

  • Association fees include management, cable, common area maintenance, pest control, security, telephone, water/sewer, internet
  • 4 Elevators
  • Caribe Community
  • The community has rules related to covenants, conditions, and restrictions
  • 14-Story Property

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Game Room
  • Meeting Room
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Community Playground
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

Built in 2005

Lot Details

0

HOA Fees

$728 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Stone
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, Internet, Termite Contract, Wet Bar
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Bay Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-05-03-0-000-005.001-959
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Convection Oven, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer, Wine Cooler, Cooktop
  • Estimated Living Area: 1796
  • Balcony Size: 262
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x11, On Level: Main Level
  • Bedroom 3: Dimensions: 13x12, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 4
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 11x12, On Level: Main Level
  • Living Dining: Dimensions: 19x24, On Level: Main Level
  • Master Bed: Dimensions: 13x19, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Garden Tub, Walk In Closet, Balcony/Patio, Direct Bay View - Master
  • Price Per Sq Ft: 498.33
  • Property Interior Stories: 1
  • Unit Floor: 5
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Boat Facilities: Rental Slip
  • Body Of Water: Canal To Old River
  • Exterior Finish: Glass, Stone
  • Waterfront: Yes
  • Water Property Type: Bay Front - Building

Garage/Parking

  • Garage Parking: Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 728
  • Association Fees Include: Association Management, Cable, Common Area Maintenance, Pest Control, Security, Telephone, Water/Sewer, Internet
  • Community Amenities: Bbq Area, Common Lobby, Covered Entry, Exercise Room, Fire Sprinkler System, Fishing Pier, Game Room, Gazebo, Guard At Gate, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, On-Site Management, Pool - Outdoor, Pets - Owners Only, Spa/Hot Tub, Steam/Sauna, Tennis/Racquetball, Gated, Lazy River, Playground
  • Condo Building Stories: 14
  • Condo Complex: Caribe

Schools

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

Lot Info

  • Lot Description: Waterfront

Rental Info

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

Tax Info

  • Property Taxes: 1897
  • Assessor Parcel Number: 270880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 8, 2022
Sold by
Favors Robert M and Favors Kasey L
Bought by
Hicks Raymond W and Hicks Marie-Claire
Seller's Agent
Ron Herrington
RE/MAX Gulf Properties
Buyer's Agent
Clarke Armstrong
RE/MAX of Orange Beach
List Price
$925,000
Sold Price
$895,000
Premium/Discount to List
-$30,000
-3.24%
Current Estimated Value
$1,023,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,458
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 30, 2020
Sold by
Milstead Luther G and Milstead Sharon R
Bought by
Williams Adam J and Williams Kimberly S
Seller's Agent
Katy Lonowski Norris
RE/MAX of Orange Beach
Buyer's Agent
Julie Grice
Engel and Volkers Gulf Shores
List Price
$679,000
Sold Price
$675,000
Premium/Discount to List
-$4,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.05%

Purchase Details

Closed on
Nov 23, 2018
Sold by
Saucier Jeffrey P and Saucier Jessica M
Bought by
Milstead Luther G and Milstead Sharon R

Purchase Details

Listed on
Dec 12, 2014
Closed on
May 21, 2015
Sold by
Griner Stephen
Bought by
Saucier Jeffrey P and Saucier Jessica M
Seller's Agent
Stan Szapiel
Caribe Realty, Inc.
Buyer's Agent
Anita Elisar
Surf Song Realty, LLC
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$390,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2010
Sold by
Phelps Betty H
Bought by
Turquoise Tower One Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hicks Raymond W $895,000 Taupeka Law Llc
Williams Adam J -- Professional Land Title Inc
Milstead Luther G $615,000 None Available
Saucier Jeffrey P $510,000 Slt
Turquoise Tower One Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saucier Jeffrey P $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $895,000 -3.2% $498 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/29/2021 12/29/21 For Sale $925,000 +20.9% $515 / Sq Ft
03/23/2021 03/23/21 Sold $764,900 -0.5% $426 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $769,000 +13.9% $428 / Sq Ft
09/30/2020 09/30/20 Sold $675,000 -0.6% $376 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $679,000 +33.1% $378 / Sq Ft
05/26/2015 05/26/15 Sold $510,000 0.0% $284 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $510,000 -- $284 / 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 $5,747 $179,600 $0 $179,600
2023 $5,402 $168,820 $0 $168,820
2022 $4,483 $140,080 $0 $0
2021 $1,897 $118,540 $0 $0
2020 $1,811 $56,580 $0 $0
2019 $3,564 $111,360 $0 $0
2018 $1,633 $51,020 $0 $0
2017 $1,575 $49,220 $0 $0
2016 $1,500 $46,880 $0 $0
2015 $2,977 $91,600 $0 $0
2014 $2,862 $88,000 $0 $0
2013 -- $82,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 324230

Baldwin REALTORS®

APN: 65-05-03-0-000-005.001-959