NOT LISTED FOR SALE

450 Park Ave Unit 802 Foley, AL 36535

Estimated Value: $201,000 - $237,000

2 Beds
2 Baths
1,049 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $195,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,581/month

63 Days on Market

Highlights

  • Cabana
  • Community Gazebo
  • Walk-In Closet
  • Covered Patio or Porch
  • Community Wi-Fi
  • Views

About This Home

As of May 2023

Recently renovated two-bedroom condo with crown molding and beautiful black granite. Short-term rental allowed, no restrictions. Freshly painted throughout, including ceilings and front door. New A/C with warranty. Gorgeous brand new vinyl plank flooring in living area and both bedrooms, tile in kitchen and bathrooms - no carpet! Stove and microwave about a year old. Recently installed dishwasher, new garbage disposal, new ceiling fans and new extractor fan in primary bathroom. Washer/dryer and refridgerator convey. The screened in patio has a storage closet. Seller will provide a Home Warranty with Old Republic. Please note - the HOA dues include cable TV and internet. Park Avenue has well maintained landscaped grounds, a Resort style pool with separate kiddie pool and cabana, and there is also a pretty gazebo with BBQ area. The complex is centrally located in Foley, off Highway 59. All buildings had new roofs after Hurricane Sally. Great location close to many restaurants, Tanger Outlets, The Park at OWA, and easy access to the beach and The Wharf. Any measurements or information deemed essential should be verified by Buyer or Buyer's Agent.

Last Agent to Sell the Property

Alison White

EXIT Realty Gulf Shores Listed on: 03/06/2023

EXIT Realty Gulf Shores

Last Buyer's Agent

Christine Slaughter

Realty Executives Gulf Coast

Realty Executives Gulf Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 2007

Lot Details

  • Landscaped

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,049 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • 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

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 61-03-05-0-001-004.002.966

Community Details

Overview

  • Association fees include pool, management, cable, common area insurance, common area maintenance, internet, pest control, reserve funds, trash
  • Park Avenue Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$429

Year Built

Built in 2007

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Home Warranty: Yes
  • Property Amenities: Cabana, Cable, Ceiling Fan(s), Covered Patio, En-Suite, Internet, Patio, Split Bedroom Plan, Storage-Out
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Southern View
  • Parcel Id Tax Id: 61-03-05-0-001-004.002.966
  • Year Built: 2007
  • Geo Subdivision: AL
  • Governing Municipality: Foley
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 802 PARK AVENUE CONDO IN THE CITY OF FOLEY SEC 5-T8S-R4 E
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/Ice Maker, Microwave, Range-Electric, Washer
  • Estimated Living Area: 1049
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x11, On Level: Main Level
  • Bedrooms: 2
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 12x11, On Level: Main Level
  • Living Dining: Dimensions: 15x14, On Level: Main Level
  • Master Bed: Dimensions: 13x12, On Level: Main Level
  • Price Per Sq Ft: 185.89
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Balcony/Patio, Tub/Shower Combo, Walk In Closet

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool), Central Electric
  • Utilities: Cable Tv, Water-City, Baldwin Emc, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 337
  • Association Fees Include: Pool, Association Management, Cable, Common Area Insurance, Common Area Maintenance, Internet, Pest Control, Reserve Funds, Trash
  • Community Amenities: Bbq Area, Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Gazebo, Internet, Landscaping, Pool - Outdoor, Pets - Owners Only
  • Condo Building Stories: 2
  • Condo Complex: Park Avenue

Fee Information

  • Transfer Fees: Yes

Lot Info

  • Lot Block Unit: 802
  • Lot Description: Less Than 1 Acre

Tax Info

  • Property Taxes: $429.66
  • Assessor Parcel Number: 298385

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Coastal Properties Llc
Bought by
Unit 802 Park Ave 450 Park Ave Llc
Current Estimated Value
$216,159

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 26, 2023
Sold by
Alveti Christopher P
Bought by
Coastal Properties Llc
Seller's Agent
Alison White
EXIT Realty Gulf Shores
Buyer's Agent
Christine Slaughter
Realty Executives Gulf Coast
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Views
174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
May 15, 2007
Sold by
Edt Lp
Bought by
Alveti Christopher P and Alveti Jennie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.12%
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
Unit 802 Park Ave 450 Park Ave Llc $195,000 None Listed On Document
Coastal Properties Llc $195,000 Professional Land Title
Alveti Christopher P -- Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alveti Christopher P $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $195,000 -9.3% $186 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $215,000 -4.4% $205 / Sq Ft
04/20/2023 04/20/23 Price Changed $225,000 -1.7% $214 / Sq Ft
03/28/2023 03/28/23 For Sale $229,000 0.0% $218 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $229,000 +17.4% $218 / Sq Ft
03/12/2023 03/12/23 Off Market $195,000 -- --
03/10/2023 03/10/23 For Sale $229,000 +17.4% $218 / Sq Ft
03/07/2023 03/07/23 Off Market $195,000 -- --
03/06/2023 03/06/23 For Sale $229,000 -- $218 / 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 $1,288 $39,020 $0 $39,020
2023 $616 $18,680 $0 $18,680
2022 $430 $13,020 $0 $0
2021 $395 $11,960 $0 $0
2020 $343 $10,400 $0 $0
2019 $325 $9,860 $0 $0
2018 $312 $9,440 $0 $0
2017 $298 $9,020 $0 $0
2016 $263 $7,980 $0 $0
2015 $228 $6,920 $0 $0
2014 $191 $5,780 $0 $0
2013 -- $5,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 342654

Baldwin REALTORS®

APN: 61-03-05-0-001-004.002-966