NOT LISTED FOR SALE

497 Plantation Rd Unit 1242 Gulf Shores, AL 36542

Fort Morgan Neighborhood

Estimated Value: $336,000 - $360,000

2 Beds
2 Baths
847 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $340,000 $401 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,463/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fitness Center
  • Gulf View
  • Beachside
  • Gated with Attendant
  • Waterfront

About This Home

As of March 2022

A rental machine bringing in $47k in 2021. Shiplap walls welcome you into the unit along with a shiplap "feature wall" at dining area. Tastefully decorated in beach theme with cool, calming colors. The spacious open floor plan provides room for families to gather. If you are looking for freshly updated, then you will love the new sleeper sofa, barstools, TV, lvp flooring in bedrooms, new toilets, ceiling fans, master mattress/box springs, beds and mattresses in bedroom #2. This condo is ready to live in or to rent. If the shiplap and the decor wasn't enough, then step out onto this 2nd floor balcony and look at the amazing view of the Gulf of Mexico and the courtyard. This truly is your very own little beach oasis. If you are looking for more than "just a condo" then you must come out and take a tour of Gulf Shores Plantation. This 40 acre gated resort has so much to offer other than its variety of condos. It has 4,000 ft of beautiful beach. Walk the lush, landscaped courtyard or grab a book from the library and grab a spot on one of the many swings and take in some quiet time. If play is what you want, then take a dip in one of 6 outdoor pools, hot tubs or play a variety of sports including basketball, volleyball, tennis, shuffleboard, horseshoes or use the mini putting green. Cook on one of the many grills throughout the resort or stop in to Sassy Bass Island Grill. This resort is a hidden gem tucked away in beautiful in Fort Morgan. Indoor saltwater pool is an additional $600 a year but is optional. You don't want to miss this unit, so call today for your private showing. Sorry, no pets allowed.

Last Agent to Sell the Property

Candyce Heflin

Wheeles Realty Listed on: 02/11/2022

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Beachside
  • Landscaped
  • Sprinkler System

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 847 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Gulf Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Deeded Waterfront Access Rights
  • Covered Patio or Porch

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 68-09-29-0-000-003.006938
  • $5,973 special tax assessment

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer, internet, pool
  • 1 Elevator
  • Gulf Shores Plantation Community

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1985

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, En-Suite, Internet, Patio, Split Bedroom Plan, Storage-In, Termite Contract, Window Treatments
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 5973
  • Recurring Special Assmt: Yes
  • Style: Condo
  • View: Indirect Gulf Side, Western View
  • Owners Association: Yes
  • Parcel Id Tax Id: 68-09-29-0-000-003.006938
  • Year Built: 1985
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: Unit 1242 Resort Conference Centre Gulf Shores Plantation Se C 29- T9s- R2e
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/Ice Maker, Smoke Detector, Cooktop
  • Estimated Living Area: 847
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 2
  • Elevators: 1
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 8x8, On Level: Main Level
  • Living Dining: Dimensions: 16x12x14, On Level: Main Level
  • Master Bed: Dimensions: 11x13, On Level: Main Level
  • Price Per Sq Ft: 401.42
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Tub/Shower Combo, Single Vanity

Exterior Features

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

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: 478
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Covered Entry, Exercise Room, Fencing, Fire Sprinkler System, Gazebo, Guard At Gate, Internet, Pool - Indoor, Landscaping, Laundry Facilities, Pool - Outdoor, Spa/Hot Tub, Steam/Sauna, Tennis/Racquetball, Gated, Water Access-Deeded, Pets - No Pets
  • Condo Building Stories: 3
  • Condo Complex: Gulf Shores Plantation

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 1242
  • Lot Description: Waterfront

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1209.60
  • Assessor Parcel Number: 60484

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 28, 2022
Sold by
Kelly Nokes John and Singleton Scarlett
Bought by
Shunnarah Samya and Shunnarah Michael
Seller's Agent
Candyce Heflin
Wheeles Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$348,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,771
Avg. Annual Appreciation
0.75%
Original Mortgage
$306,000
Outstanding Balance
$288,415
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$60,356

Purchase Details

Listed on
Dec 17, 2019
Closed on
Jun 26, 2020
Sold by
Theobald Jason C and Theobald Laura K
Bought by
Nokes John Kelkly and Nokes Scarlett Singloeton
Seller's Agent
Debra Wood
Engel and Volkers Gulf Shores
Buyer's Agent
Debby Morici
Coastal Cottage Living Real Es
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%
Original Mortgage
$216,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2013
Closed on
Aug 29, 2013
Sold by
Clingman John B and Clingman Nancy W
Bought by
Theobald Jason C and Theobald Laura K
Seller's Agent
Joseph Savage
Caribe Realty, Inc.
Buyer's Agent
Joseph Savage
Caribe Realty, Inc.
List Price
$147,000
Sold Price
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$117,600
Interest Rate
4.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Clingman John B and Clingman Nancy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,100
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Collins Lance A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 9, 2005
Sold by
Lowery Charlotte J
Bought by
Collins Lance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,090
Interest Rate
10.2%
Mortgage Type
Fannie Mae Freddie Mac
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
Shunnarah Samya $340,000 Pipkin Leigh L
Nokes John Kelkly -- Professional Land Title Inc
Theobald Jason C $147,100 Ct
Clingman John B $165,150 None Available
Deutsche Bank National Trust Co $172,000 None Available
Collins Lance A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shunnarah Samya $306,000
Previous Owner Nokes John Kelkly $216,000
Previous Owner Theobald Jason C $117,600
Previous Owner Clingman John B $125,225
Previous Owner Clingman John B $132,100
Previous Owner Collins Lance A $315,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $340,000 0.0% $401 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $340,000 +41.7% $401 / Sq Ft
07/01/2020 07/01/20 Sold $240,000 -3.6% $283 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $249,000 -3.9% $294 / Sq Ft
12/17/2019 12/17/19 For Sale $259,000 +76.2% $306 / Sq Ft
08/29/2013 08/29/13 Sold $147,000 0.0% $200 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $147,000 -- $200 / 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 $1,020 $36,420 $0 $36,420
2023 $996 $35,580 $0 $35,580
2022 $1,565 $55,900 $0 $0
2021 $1,314 $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: 326100

Baldwin REALTORS®

APN: 68-09-29-0-000-003.006-938