NOT LISTED FOR SALE

450 Park Ave Unit 214 Foley, AL 36535

Estimated Value: $222,000 - $338,434

3 Beds
2 Baths
1,251 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $225,000 $180 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,823/month

95 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Tile Flooring
  • Community Pool
  • Community Gazebo
  • Outdoor Storage

About This Home

As of October 2022

Great investment potential as there are NO rental restrictions for SHORT TERM rental. Property is on the second floor and has a vaulted ceiling through the living area and a large screened-in balcony with an outside storage closet. Condo is not upgraded and is currently being rented long-term with a tenant until October 31 (therefore no internal photos), and there is restricted access for showings. Lease must be honored and rent will be pro-rated to buyer. Seller has complete furnishings for a three bedroom condo that they can sell to buyer. New roof on the building after Hurricane Sally in 2020. Park Avenue has pretty landscaped grounds and a well maintained swimming pool with separate kiddie pool and a gazebo area for entertaining. The complex is centrally located in Foley, close to Highway 59 and The Park at OWA, and with easy access to the white sand beach of Gulf Shores. Buyer/buyer's agent should verify all information deemed essential.

Last Agent to Sell the Property

Alison White

EXIT Realty Gulf Shores Listed on: 06/05/2022

EXIT Realty Gulf Shores

Last Buyer's Agent

Wes Hardin

Avast Realty Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 2007

Lot Details

  • Landscaped

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,251 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Foley Elementary School
  • Foley High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 61-03-05-0-001-004-.002-930

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, trash, internet, pool
  • Park Avenue Community

Amenities

  • Community Gazebo
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Children's Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 2007

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Intersecting Street: 6194 State Highway 5
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, En-Suite, Internet, Split Bedroom Plan, Storage-Out, Termite Contract, Vaulted Ceiling
  • Property Type: Residential Attached
  • Style: Condo
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-03-05-0-001-004-.002-930
  • Year Built: 2007
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: Unit 214 Park Avenue Condo in the city of Foley SEC 5-T8S-R4 E (WD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 1251
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14x12, On Level: Main Level
  • Bedroom 3: Dimensions: 14x12, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10x9, On Level: Main Level
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 6x12, On Level: Main Level
  • Living Dining: Dimensions: 23x19, On Level: Main Level
  • Master Bed: Dimensions: 16x12, On Level: Main Level
  • Price Per Sq Ft: 179.86
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Tub/Shower Combo

Exterior Features

  • Exterior Finish: Brick, Hardboard
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Sewage-City, Water-City, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 314
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Internet, Pool
  • Community Amenities: Bbq Area, Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Gazebo, Pool - Kiddie, Landscaping, Pool - Outdoor, Pets - Allowed, Pets - Limited # Pets
  • Condo Building Stories: 2
  • Condo Complex: Park Avenue

Fee Information

  • Transfer Fees: Yes

Lot Info

  • Lot Block Unit: 214
  • Lot Description: Less Than 1 Acre

Tax Info

  • Property Taxes: 825.66
  • Assessor Parcel Number: 298349

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Oct 4, 2022
Sold by
Red Raider Realty Llc
Bought by
Prentice Luke and Prentice Ashley
Seller's Agent
Alison White
EXIT Realty Gulf Shores
Buyer's Agent
Wes Hardin
Avast Realty Orange Beach
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Views
32
Current Estimated Value
$262,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,609
Avg. Annual Appreciation
5.18%
Original Mortgage
$191,250
Outstanding Balance
$183,845
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$78,764
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
Prentice Luke -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prentice Luke $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2022 10/06/22 Sold $225,000 -1.7% $180 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $229,000 0.0% $183 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
06/05/2022 06/05/22 For Sale $229,000 -- $183 / 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 $1,536 $46,540 $0 $46,540
2023 $1,288 $39,040 $0 $39,040
2022 $884 $26,780 $0 $0
2021 $826 $25,020 $0 $0
2020 $892 $27,020 $0 $0
2019 $875 $26,520 $0 $0
2018 $842 $25,520 $0 $0
2017 $784 $23,760 $0 $0
2016 $578 $17,520 $0 $0
2015 $545 $16,520 $0 $0
2014 $454 $13,760 $0 $0
2013 -- $12,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alison White

    Seller's Agent in 2022

    Alison White

    EXIT Realty Gulf Shores

    (251) 923-9982

    20 in this area

    64 Total Sales

    Alison White
    Section Image
  • Wes Hardin

    Buyer's Agent in 2022

    Wes Hardin

    Avast Realty Orange Beach

    (501) 593-6204

    19 in this area

    98 Total Sales

    Wes Hardin
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 331870

Baldwin REALTORS®

APN: 61-03-05-0-001-004.002-930

Alabama Baldwin County Foley 36535

450 Park Ave Unit 214, Foley, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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