NOT LISTED FOR SALE

507 W Beach Blvd Unit 103 Gulf Shores, AL 36542

Estimated Value: $268,000 - $363,000

1 Bed
1 Bath
572 Sq Ft
$564/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $285,000 $498 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,129/month

33 Days on Market

Highlights

  • Community Beach Access
  • Beachside
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Property fronts gulf or ocean
  • Community Barbecue Grill

About This Home

As of November 2021

Gorgeous Beach Front unit in a low density complex within walking distance to everything on West Beach. The hangout and area restraunts are a few steps away. The sugar white sands and beautiful Gulf of mexico is a just outside your door. This unit was completely remodeled in 2018 Absolutley everything was updated. Owner is meticulous and left no details untouched. The updated coastal decor is just beautiful. Some of the features include 18" tile floors, crown molding, Granite counter tops and SS appliances, New bathroom vanity and toilet, new furnishings that include a brand new sectional sofa sleeper. Take a look to see it for yourself. This is a great investment opportunity with great rental potential. Assigned owner parking below. Low monthly HOA dues. The complex has a tropically landscaped pool area, and charcoal grills and onsite Laundry facilities. This is a fantastic buy and rent ready!

Last Agent to Sell the Property

Debbie Fulmer

Goode Realty, LLC Listed on: 08/12/2021

Last Buyer's Agent

Kimberly Thompson

Mobile Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Beachside
  • Landscaped

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 572 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-003.000903
  • $1,769 special tax assessment

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, taxes-common area, trash, water/sewer, pool
  • Ocean Reef Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 1982

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Cable, Ceiling Fan(s)
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 1769
  • Recurring Special Assmt: Yes
  • Style: Condo
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-3-000-003.000903
  • Year Built: 1982
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 572
  • Bathrooms: 1
  • Bedrooms: 1
  • Floors: Tile
  • Kitchen: Dimensions: 8x10, On Level: Main Level
  • Living Dining: Dimensions: 12x14, On Level: Main Level
  • Master Bed: Dimensions: 12x12, On Level: Main Level
  • Primary Bedroom Bathroom: Tub/Shower Combo
  • Price Per Sq Ft: 498.25
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Beach Side - Building, Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Deeded Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 260
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer, Pool
  • Community Amenities: Bbq Area, Landscaping, Pool - Outdoor, Pets - Owners Only
  • Condo Building Stories: 2
  • Condo Complex: Ocean Reef

Lot Info

  • Lot Block Unit: 103
  • Lot Description: Waterfront

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1170.18
  • Assessor Parcel Number: 53461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 1, 2021
Sold by
Southern Properties Llc
Bought by
Family Tides Al Llc
Seller's Agent
Debbie Fulmer
Goode Realty, LLC
Buyer's Agent
Kimberly Thompson
Mobile Bay Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$322,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,354
Avg. Annual Appreciation
3.10%
Original Mortgage
$228,000
Outstanding Balance
$208,981
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$113,373

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 22, 2018
Sold by
Byers James Francis and Byers Ann G
Bought by
Southern Properties Llc
Seller's Agent
Benjamin McNeal
Realty Executives Gulf Coast
Buyer's Agent
Debbie Fulmer
Goode Realty, LLC
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%
Source: Public Records

Range of Values:

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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
Family Tides Al Llc -- Professional Land Title Inc
Southern Properties Llc $169,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Tides Al Llc $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $285,000 -1.7% $498 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $289,900 -3.0% $507 / Sq Ft
08/12/2021 08/12/21 For Sale $299,000 +76.9% $523 / Sq Ft
08/24/2018 08/24/18 Sold $169,000 -3.4% $295 / Sq Ft View Prior Sale
08/06/2018 08/06/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $175,000 -- $306 / 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 $2,076 $62,920 $0 $62,920
2023 $2,007 $60,660 $0 $60,660
2022 $1,845 $55,920 $0 $0
2021 $1,385 $55,920 $0 $0
2020 $1,197 $35,460 $0 $0
2019 $1,102 $32,600 $0 $0
2018 $933 $27,460 $0 $0
2017 $838 $24,600 $0 $0
2016 $725 $21,160 $0 $0
2015 $668 $19,440 $0 $0
2014 $630 $18,300 $0 $0
2013 -- $16,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Fulmer

    Seller's Agent in 2021

    Debbie Fulmer

    Goode Realty, LLC

    (251) 269-2002

    108 in this area

    142 Total Sales

    Debbie Fulmer
    Section Image
  • Kimberly Thompson

    Buyer's Agent in 2021

    Kimberly Thompson

    Mobile Bay Realty

    (251) 490-4467

    2 in this area

    21 Total Sales

    Kimberly Thompson
    Section Image
  • Benjamin McNeal

    Seller's Agent in 2018

    Benjamin McNeal

    Realty Executives

    (205) 807-6004

    4 in this area

    35 Total Sales

    Benjamin McNeal
    Section Image
  • Tyler Morgan

    Seller Co-Listing Agent in 2018

    Tyler Morgan

    LPT Realty, LLC

    (251) 600-9293

    19 in this area

    66 Total Sales

    Tyler Morgan
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 318520

Baldwin REALTORS®

APN: 66-04-20-3-000-003.000-903

Alabama Baldwin County Gulf Shores 36542

507 W Beach Blvd Unit 103, Gulf Shores, AL

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