NOT LISTED FOR SALE

Island Sunrise 427 E Beach Blvd Unit 662 Gulf Shores, AL 36542

Estimated Value: $476,721 - $554,000

2 Beds
2 Baths
950 Sq Ft
$548/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $320,000 $337 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,659/month

27 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Gated with Attendant
  • End Unit
  • Gulf Shores Elementary School Rated A-
  • Unit is on the top floor
  • Furnished

About This Home

As of March 2018

Gulf Front East Corner Unit Condo with 2 bedroom and 2 baths. Great Location in the Heart of Gulf Shores within walking distance of the Hangout, restaurants, shops, etc. This is a low density complex . The roof was replaced in Dec 2018 and new elevator to be installed March 2018. In 2/2016 the A/C and Heat pump was replaced. This condo has been updated and well maintained. It has been a non rental unit for past 3 years.. Amazing Rental Machine , Estimated Yearly rentals $33,000/year. Turn key and ready to go. The yearly assessment will be for the 2018 and 2019 to pay for roof, elevator, windows, etc. Call for more details.

Last Agent to Sell the Property

Myra Horton

RE/MAX of Orange Beach Listed on: 02/01/2018

RE/MAX of Orange Beach

Last Buyer's Agent

Jay Kollmansberger

Keller Williams AGC Realty - Orange Beach

Keller Williams AGC Realty - Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Sprinkler System

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 6th floor
  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 950 Sq Ft Home
  • Furnished
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Additional Features

  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-166.000-960
  • $2,063 special tax assessment

Community Details

Overview

  • Association fees include cable, common area insurance, common area maintenance, custodial services, electricity, pest control, recreational facilities, security, taxes-common area, telephone, trash, water/sewer, internet
  • 1 Elevator
  • Island Sunrise Community
  • The community has rules related to covenants, conditions, and restrictions
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby
  • Community Wi-Fi

Recreation

  • Community Pool

Security

  • Gated with Attendant
  • Card or Code Access
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1982

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 2063
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Corner Unit, Top Floor
  • View: Direct Gulf-Across Rd, Southern View
  • Parcel Id Tax Id: 66-05-21-2-000-166.000-960
  • Year Built: 1982
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Stack Washer/Dryer
  • Estimated Living Area: 950
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10 x 13, On Level: Main Level
  • Bedrooms: 2
  • Elevators: 1
  • Kitchen: Dimensions: 5 x 10, On Level: Main Level
  • Living Dining: Dimensions: 15 x 11, On Level: Main Level
  • Master Bed: Dimensions: 9 x 15, On Level: Main Level
  • Price Per Sq Ft: 336.84
  • Property Interior Stories: 1
  • Unit Floor: 6

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Roof: Built Up Flat
  • Waterfront: Yes
  • Water Property Type: 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: 615
  • Association Fees Include: Cable, Common Area Insurance, Common Area Maintenance, Custodial Services, Electricity, Pest Control, Recreational Facilities, Security, Taxes-Common Area, Telephone, Trash, Water/Sewer, Internet
  • Community Amenities: Bbq Area, Common Lobby, Covered Entry, Fencing, Fire Sprinkler System, Guard At Gate, Internet, Landscaping, Pool - Outdoor, Pets - Owners Only, Private Security, Security Card, Security System
  • Condo Building Stories: 6
  • Condo Complex: Island Sunrise

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Gulf Shores Elementary
  • High School: Gulf Shores High

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 856
  • Assessor Parcel Number: 049363

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Toll Kolimansberger Carol
Bought by
Kollmansberger Brian
Current Estimated Value
$520,930

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 22, 2018
Sold by
Chadwick Lora Ann
Bought by
Kollmansberger Brian and Toll Kollmansberger Carol
Seller's Agent
Myra Horton
RE/MAX of Orange Beach
Buyer's Agent
Jay Kollmansberger
Keller Williams AGC Realty - Orange Beach
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$288,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 3, 2014
Sold by
Tsr Properties Llc
Bought by
Chadwick Lora Ann
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
William Barnicle
Coldwell Banker Coastal Realty
List Price
$222,000
Sold Price
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$177,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Cottrell Nolland F and Cottrell Beth W
Bought by
Tsr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,050
Interest Rate
5.74%
Mortgage Type
Unknown
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
Kollmansberger Brian -- None Available
Kollmansberger Brian $32,000 None Available
Chadwick Lora Ann $222,000 Gst
Tsr Properties Llc -- Plt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kollmansberger Brian $288,000
Previous Owner Chadwick Lora Ann $177,600
Previous Owner Tsr Properties Llc $478,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $320,000 -1.5% $337 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $325,000 +46.4% $342 / Sq Ft
06/02/2014 06/02/14 Sold $222,000 0.0% $224 / Sq Ft View Prior Sale
05/03/2014 05/03/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $222,000 -- $224 / 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 $3,489 $105,740 $0 $105,740
2023 $2,976 $90,180 $0 $90,180
2022 $2,567 $77,800 $0 $0
2021 $2,315 $68,820 $0 $0
2020 $2,315 $68,820 $0 $0
2019 $2,151 $63,840 $0 $0
2018 $955 $28,940 $0 $0
2017 $856 $25,940 $0 $0
2016 $752 $22,800 $0 $0
2015 $721 $21,860 $0 $0
2014 $1,298 $38,000 $0 $0
2013 -- $37,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 265166

Baldwin REALTORS®

APN: 66-05-21-2-000-166.000-960