NOT LISTED FOR SALE

497 Plantation Rd Unit 1133 Gulf Shores, AL 36542

Fort Morgan Neighborhood

Estimated Value: $352,000 - $395,000

2 Beds
2 Baths
847 Sq Ft
$438/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $395,000 $466 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,759/month

50 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Sauna
  • Beachside
  • Gated with Attendant
  • Furnished

About This Home

As of August 2022

Enjoy the sounds and views of the Gulf of Mexico and it's white sand beaches from this 16’ long balcony of the newly renovated immaculate unit on the ground floor of the Resort Conference Center in the Gulf Shores Plantation complex in Fort Morgan, AL. This unit has an unobstructed south/southeast view, conveniently located at the end of the hall, where you or renters can easily load and unload from their own balcony to their vehicle. This unit is as close to the deeded beach access as you can get. Inside of this bright and fully furnished 2 bed/2 bath unit you will find clean tile floors throughout with beautiful tile accent around the kitchen cabinets and balcony door. The newly renovated kitchen features stainless steel whirlpool appliances, solid wood cabinets, soft close doors and polished quartz countertops. The master and guest bedrooms as well as living areas have large storm resistant windows to observe the amazing views and let in plenty of natural light. The entire unit had was renovated in the last year, paint, fully renovate bathrooms- Master bath has large shower and matching tub/shower in hall bath. This unit has great rental income history and even a lucrative summer full of bookings ahead (Managed by Young’s Suncoast). HVAC was replaced in 2021 and owner installed a "Reme-Halo" Air purification system that cleans air in the entire unit through the HVAC unit. Last but not least - the plentiful amenities for R.C.C. and G.S.P. include an indoor heated pool, kiddie pool, gulf front pool, exercise room, BBQ area, gazebo, spa / hot tub, steam room / sauna, a tennis / racquetball area, beach and bay access.  Gulf Shores Plantation is a gated complex with 24 hr. security. There's also a restaurant and a coffee shop onsite. OPEN HOUSE THIS SUNDAY 07/10 FROM 10AM TO 2PM.

Last Agent to Sell the Property

Patrick Daily

RE/MAX of Orange Beach Listed on: 06/01/2022

RE/MAX of Orange Beach

Last Buyer's Agent

Patrick Daily

RE/MAX of Orange Beach Listed on: 06/01/2022

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1985

Lot Details

  • Property fronts gulf or ocean
  • Beachside
  • Landscaped

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 847 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Sauna
  • Tile Flooring
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Covered patio or porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 68-09-29-0-000-003.006903

Community Details

Overview

  • $600 Additional Association Fee
  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash, water/sewer, internet, pool
  • 2 Elevators
  • Resort Conference Center Community

Amenities

  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,281

Year Built

Built in 1985

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Additional Amenity Fees: 600
  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: X,AE,VE,0.2 PCT
  • Property Amenities: Carbon Monoxide Detector, Ceiling Fan(s), Covered Patio, Internet, Outdoor Shower, Sauna/Steam Shower, Termite Contract, Wheelchair Accessible, Porch-Front
  • Property Type: Residential Attached
  • Style: Condo
  • View: Indirect Gulf Side, Southern View
  • Owners Association: Yes
  • Parcel Id Tax Id: 68-09-29-0-000-003.006903
  • Year Built: 1985
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 1133 RESORT CONFERENCE CENTRE GULF SHORES PLANTATION IN SE1/4 FRL SEC 29-T9S-R2E (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: 847
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12 x 14, On Level: Main Level
  • Bedrooms: 2
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 12 x 16, On Level: Main Level
  • Living Dining: Dimensions: 12 x 17, On Level: Main Level
  • Master Bed: Dimensions: 12 x 11, On Level: Main Level
  • Price Per Sq Ft: 466.35
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Beach Side - Building, Deeded Access, Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 505
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Condo 2-Bdrms In Complex, Guard At Gate, Landscaping, Laundry Facilities, On-Site Management, Pool - Outdoor, Spa/Hot Tub, Steam/Sauna, Tennis/Racquetball, Condo-Effic In Complex, Water Access-Deeded
  • Condo Building Stories: 3
  • Condo Complex: Resort Conference Center

Schools

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

Lot Info

  • Lot Block Unit: 1133
  • Lot Description: Waterfront

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1280.72
  • Assessor Parcel Number: 60203

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 19, 2022
Sold by
Edward Drago Iii George
Bought by
Bates & Brown Properties Llc
Seller's Agent
Patrick Daily
RE/MAX of Orange Beach
Buyer's Agent
Patrick Daily
RE/MAX of Orange Beach
List Price
$409,000
Sold Price
$395,000
Premium/Discount to List
-$14,000
-3.42%
Total Days on Market
50
Current Estimated Value
$371,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,845
Avg. Annual Appreciation
-1.95%
Original Mortgage
$300,000
Outstanding Balance
$288,701
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$85,187

Purchase Details

Closed on
Jun 17, 2005
Sold by
Lindsey Jerry F and Lindsey Melba B
Bought by
Drago George Edward
Source: Public Records

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Range of Values:

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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
Bates & Brown Properties Llc $395,000 Burgreen Zachary L
Drago George Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates & Brown Properties Llc $300,000
Previous Owner Drago George Edward $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $395,000 -3.4% $466 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $409,000 0.0% $483 / Sq Ft
06/15/2022 06/15/22 Price Changed $409,000 -1.2% $483 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $414,000 -- $489 / 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 $2,040 $72,840 $0 $72,840
2023 $1,992 $71,140 $0 $71,140
2022 $1,565 $55,900 $0 $0
2021 $1,281 $45,740 $0 $0
2020 $1,243 $43,200 $0 $0
2019 $1,124 $38,960 $0 $0
2018 $982 $33,880 $0 $0
2017 $839 $28,800 $0 $0
2016 $721 $24,560 $0 $0
2015 $721 $24,560 $0 $0
2014 $697 $23,720 $0 $0
2013 -- $22,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 331668

Baldwin REALTORS®

APN: 68-09-29-0-000-003.006-903