NOT LISTED FOR SALE

28813 Perdido Beach Blvd Unit 221 Orange Beach, AL 36561

Estimated Value: $280,000 - $310,985

1 Bed
1 Bath
704 Sq Ft
$441/mo HOA Fee

Last Sold September 05, 2024

Last sale price $290,475 $413 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,166/month

15 Days on Market

Highlights

  • Fitness Center
  • River Front
  • Community Indoor Pool
  • Fishing
  • Gulf View
  • Covered Patio or Porch

About This Home

As of September 2024

Top Producer!! This 1 bedroom condo paid out over $50,000 in rental income for 2023 and has a waiting list of repeat guests for the next owner! Ranked in the Top 1% of properties on AirBNB and only 5 Star reviews! Come see this beautifully furnished, river front Lei Lani condo with a stunning Gulf view and deeded beach access. Truly turn key; modern bathroom, stylish kitchen, comfortable bedroom and cozy living room. This unit has been impeccably maintained for a stress-free transition to it's new owner with NEW A/C August 2024. Resort style amenities for owners, vacationers and investors alike: outdoor pool, boat slips, BBQ, fishing/crabbing docks as well as shared amenities with Lei Lani Tower including heated indoor pool, a second outdoor pool, and direct beach access at a traffic light! Improvements are approved for the complex and seller is graciously covering the special assessment. Buyer to verify all information during due diligence. Whether you're looking for a lifestyle asset or a cash cow, this condo is the perfect addition to your real estate portfolio!

Last Agent to Sell the Property

Ashley Guy

Blue Ripple Realty INC Brokerage Phone: 614-832-7884 Listed on: 08/08/2024

Blue Ripple Realty INC

Last Buyer's Agent

Rodney Hamrick

World Impact Real Estate

World Impact Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1984

Lot Details

  • River Front
  • Landscaped

HOA Fees

  • $441 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Parking Lot

Outdoor Features

  • Covered Patio or Porch

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 53415

Community Details

Overview

  • Association fees include management, common area insurance, ground maintenance, pest control, recreational facilities, reserve funds, trash, water/sewer
  • 120 Units

Amenities

  • Community Gazebo
  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,937

Year Built

Built in 1984

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Property Type: Residential
  • View: Indirect Gulf-Across Rd
  • Parcel Number: 53415
  • Year Built: 1984
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Fitness Center, Fishing, Gazebo, Pool - Indoor, Landscaping, Pool - Outdoor
  • Water Body Name: Old River
  • Attribution Contact: PHONE: 614-832-7884
  • Co List Office Phone: 888-923-5547
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Lei Lani Mini Tower
  • ResoBuildingAreaSource: Seller
  • Carport Y N: No
  • Entry Level: 2
  • Reso Interior Features: Bunk Room, Ceiling Fan(s), En-Suite, Internet
  • Unit Levels: One
  • Living Area: 704
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Financial Info Electric: Baldwin EMC
  • BK20_LFD_BoatFacilities_4: Slip-1st Come 1st Served
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Stories: 1
  • Master Bedroom Master Bedroom Width: 11
  • Room Kitchen Area: 72
  • Room Master Bedroom Area: 121

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: River Front
  • Disclosures: Seller Lic RE Agt
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pilings
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Parking Lot

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 441
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Trash, Water/Sewer

Schools

  • Middle Or Junior School: Orange Beach Middle

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 120

Tax Info

  • Tax Annual Amount: 1937.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 5, 2024
Sold by
Orange Beach Vibes Ii Llc
Bought by
Ladnier Properties Llc
Seller's Agent
Ashley Guy
Blue Ripple Realty INC
Buyer's Agent
Rodney Hamrick
World Impact Real Estate
List Price
$349,000
Sold Price
$290,475
Premium/Discount to List
-$58,525
-16.77%
Views
12
Current Estimated Value
$298,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,771
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 9, 2023
Sold by
Zehner Jonathan and Zehner Holly
Bought by
Orange Beach Vibes Ii Llc
Seller's Agent
Stephen Emmons
Bellator RE LLC Orange Beach
Buyer's Agent
Donna Davis
Keller Williams AGC Realty - Orange Beach
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.83%
Original Mortgage
$268,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 1, 2022
Sold by
Paradigm Property Investments Llc
Bought by
Zehner Jonathan and Zehner Holly
Seller's Agent
Stephen Emmons
Bellator RE LLC Orange Beach
Buyer's Agent
Donna Davis
Keller Williams AGC Realty - Orange Beach
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2019
Closed on
Aug 20, 2019
Sold by
Tierce Adventures Llc
Bought by
Paradigm Property Investments Llc
Seller's Agent
Clarissa Rambo
Buena Vista Property Management
Buyer's Agent
Lynn Cook
Portside Realty, LLC
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%

Purchase Details

Listed on
Jan 6, 2016
Closed on
Feb 15, 2016
Sold by
Tierce Stephen Michael and Tierce Svea S
Bought by
Tierce Advantures Llc
Seller's Agent
Monty Gilbert
RE/MAX Paradise
Buyer's Agent
Clarissa Rambo
Realty Executives Gulf Coast
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Listed on
Jan 6, 2016
Closed on
Jan 25, 2016
Sold by
Green Robert W and Green Mary A
Bought by
Tierce Ii Stephen Michael and Tierce Svea S
Seller's Agent
Monty Gilbert
RE/MAX Paradise
Buyer's Agent
Clarissa Rambo
Realty Executives Gulf Coast
List Price
$145,000
Sold Price
$145,000
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ladnier Properties Llc $290,475 Orange Beach Title
Orange Beach Vibes Ii Llc $335,000 None Listed On Document
Zehner Jonathan $335,000 Land Title
Paradigm Property Investments Llc -- Professional Land Title Inc
Tierce Advantures Llc $145,000 None Available
Tierce Ii Stephen Michael $145,000 Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zehner Jonathan $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Sold $290,475 -16.8% $413 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $349,000 +4.2% $496 / Sq Ft
12/05/2022 12/05/22 Sold $335,000 +1.8% $476 / Sq Ft View Prior Sale
11/06/2022 11/06/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $329,000 +64.5% $467 / Sq Ft
08/20/2019 08/20/19 Sold $200,000 -3.6% $284 / Sq Ft View Prior Sale
07/21/2019 07/21/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $207,500 -1.1% $295 / Sq Ft
04/04/2019 04/04/19 For Sale $209,900 +44.8% $298 / Sq Ft
01/29/2016 01/29/16 Sold $145,000 0.0% $207 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $145,000 -- $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 $1,937 $60,540 $0 $60,540
2023 $1,937 $60,540 $0 $60,540
2022 $1,532 $47,880 $0 $0
2021 $1,347 $41,540 $0 $0
2020 $1,279 $39,420 $0 $0
2019 $1,279 $39,420 $0 $0
2018 $1,122 $34,500 $0 $0
2017 $919 $28,160 $0 $0
2016 $829 $25,340 $0 $0
2015 $829 $25,340 $0 $0
2014 $762 $23,240 $0 $0
2013 -- $23,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 366195

Baldwin REALTORS®

APN: 65-05-02-0-000-006.000-942