NOT LISTED FOR SALE

507 W Beach Blvd Unit 109 Gulf Shores, AL 36542

Estimated Value: $307,000 - $443,000

2 Beds
1.5 Baths
964 Sq Ft
$399/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $195,000 $202 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,552/month

184 Days on Market

Highlights

  • Community Beach Access
  • Beachside
  • High Ceiling
  • Gulf Shores Elementary School Rated A-
  • Property fronts gulf or ocean
  • Furnished

About This Home

As of June 2018

Prime Location In The Heart of Gulf Shores on West Beach. Just A Short Walk To Festivals, Restaurants, Shopping, Beaches and More. Fantastic Two Story Condo with Spacious 2nd Bedroom Located Upstairs with Half Bath. Private Balcony. Galley Style Kitchen With Newer Appliances and Tile Flooring. Wonderful Opportunity at Great Price To Own A Piece Of Paradise. Turn Key and Rent Ready. Low Density Complex Includes a Nice Outdoor Pool, BBQ Area, Laundry Facilities and Assigned Covered Parking. Awesome Views Of The White Sandy Beaches From Private Balcony. Relax and Enjoy the Beautiful Sunset.

Last Agent to Sell the Property

Ricky Carruth

eXp Realty, LLC Gulf Shores Br Listed on: 10/30/2017

eXp Realty, LLC Gulf Shores Br

Last Buyer's Agent

Ricky Carruth

eXp Realty, LLC Gulf Shores Br Listed on: 10/30/2017

eXp Realty, LLC Gulf Shores Br

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $446

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Beachside
  • Landscaped
  • Property is zoned 2+ Family Residence

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 964 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Water access To Gulf or Ocean

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 053131

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$446

Year Built

Built in 1982

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), High Ceilings, Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Indirect Gulf Side
  • Zoning Area: 2+ Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 053131
  • 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: 964
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 12X15, On Level: Main Level
  • Bedrooms: 2
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Carpet, Tile
  • Half Bathrooms: 1
  • Living Dining: Dimensions: 12X18, On Level: Main Level
  • Master Bed: Dimensions: 12X15, On Level: Main Level
  • Price Per Sq Ft: 202.28
  • Property Interior Stories: 1.5
  • Unit Floor: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Assigned Parking, Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Cable Tv, Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 303
  • Association Fees Include: Association Management, Cable, Common Area Maintenance, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Landscaping, Laundry Facilities, Pool - Outdoor
  • Condo Building Stories: 2
  • Condo Complex: Ocean Reef

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 109

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 446.00
  • Assessor Parcel Number: 053131

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
May 31, 2018
Sold by
Mcwhirter James E and Mcwhirter Jane S
Bought by
Gentry William D and Gentry Jacqueline P
Seller's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
Buyer's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$384,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,688
Avg. Annual Appreciation
9.62%
Original Mortgage
$146,250
Outstanding Balance
$126,196
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$258,492
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
Gentry William D $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry William D $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $195,000 -2.5% $202 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $199,900 0.0% $207 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
11/09/2017 11/09/17 For Sale $199,900 0.0% $207 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $199,900 -- $207 / 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 $2,704 $81,940 $0 $81,940
2023 $2,602 $78,860 $0 $78,860
2022 $1,909 $57,840 $0 $0
2021 $1,508 $44,340 $0 $0
2020 $1,381 $40,480 $0 $0
2019 $1,286 $37,600 $0 $0
2018 $573 $17,360 $0 $0
2017 $525 $15,920 $0 $0
2016 $446 $13,500 $0 $0
2015 $446 $13,500 $0 $0
2014 $420 $12,720 $0 $0
2013 -- $11,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 261980

Baldwin REALTORS®

APN: 66-04-20-3-000-003.000-909