$654,920
SOLD DEC 20, 2024

507 W Beach Blvd Unit 902 Gulf Shores, AL 36542

3 Beds
3.5 Baths
1,572 Sq Ft
$660/mo HOA Fee

Recently Sold

$417 Per Sq Ft

1 Day on Market

Highlights

  • Property fronts gulf or ocean
  • Heated Spa
  • Balcony
  • Gulf Shores Elementary School Rated A-
  • Vaulted Ceiling
  • Rear Porch

About This Home

As of December 2024

OCEAN REEF is a unique beachfront landmark in a low density complex. This special DIRECT GULF FRONT townhouse is anything but ordinary and they RARELY become available. *See Virtual Video* Step directly off the deck into the sugary white sand and enjoy the style and charm of beach house living at an affordable price with the convenient amenities of a condo. The second you stroll through the entryway, you’re greeted with abundant natural light and gorgeous gulf views. This large 3 bedroom floorplan includes 3.5 baths and a private balcony from the 2nd floor primary bedroom. Soaring vaulted ceilings in the living area, primary bedroom, and top floor bedroom. Nicely updated with granite countertops throughout and a glass tile backsplash in the kitchen. Beautiful tiled showers and new cabinets in the bathroom spaces. Assigned covered parking, wonderful community pool and grilling area. A perfect location in the heart of Gulf Shores and within walking distance to great restaurants and several fun festivals throughout the year. Come see this remarkable property today and it can be yours tomorrow! Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Kandy Hines

RE/MAX of Gulf Shores Listed on: 11/19/2024

RE/MAX of Gulf Shores

Co-Listed By

The Pro Team

RE/MAX of Gulf Shores

Last Buyer's Agent

Rodney Hamrick

World Impact Real Estate

World Impact Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 1982

HOA Fees

  • $660 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Stacked Washer and Dryer
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Single Vanity
  • Primary Bathroom includes a Walk-In Shower

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Heated Spa
  • Balcony
  • Rear Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Heating Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Accessible Bathroom
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 6604203000003.000.944

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, recreational facilities, taxes-common area, trash, water/sewer, internet, pool
  • 45 Units

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,787

Year Built

Built in 1982

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front, Southern View, Eastern View, Western View
  • Parcel Number: 6604203000003.000.944
  • Year Built: 1982
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Covered Entry, Internet, Pool - Outdoor
  • ResoLotFeatures: Waterfront
  • Water Body Name: Gulf of Mexico
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 251-948-2400
  • Co List Office Phone: 251-948-2400
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Ocean Reef
  • Reso Accessibility Features: Handicap Accessible Primary Bath
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 1
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), High Ceilings, Internet, Split Bedroom Plan, Storage, Vaulted Ceiling(s)
  • Unit Levels: Three Or More
  • Living Area: 1572
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Reso Window Features: Window Treatments, Double Pane Windows
  • Financial Info Electric: Total Electric, Baldwin EMC
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
  • Spa Features: Heated
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile, Laminate
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Dining Room Features: Lvg/Dng Combo
  • Master Bedroom Features: Balcony/Patio, Direct Gulf View-Primary
  • Master Bathroom Features: Shower Only, Single Vanity

Exterior Features

  • Roof: Metal
  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi), Gulf Front - Building
  • Home Warranty: No
  • Common Walls: Other-See Remarks
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: South,East,West
  • Foundation Details: Pilings
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Covered

Utilities

  • Utilities: Sewer Available, Cable Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 660
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool

Schools

  • Middle Or Junior School: Gulf Shores Middle

Rental Info

  • Furnished: Furnished
  • Lease Term: Short Term Lease

Multi Family

  • Number Of Units In Community: 45

Tax Info

  • Tax Annual Amount: 3787.08

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 18, 2024
Sold by
Richard A Vandervelde Trust and Vandervelde Michael S
Bought by
Bartshe James
Seller's Agent
Kandy Hines
RE/MAX of Gulf Shores
Buyer's Agent
Rodney Hamrick
World Impact Real Estate
List Price
$654,920
Sold Price
$654,920
Views
11
Current Estimated Value
$654,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$0
Avg. Annual Appreciation
0.00%
Original Mortgage
$437,000
Outstanding Balance
$433,563
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$221,357
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $654,920 Law And Land Title
Warranty Deed $654,920 Law And Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,000 New Conventional
Closed $437,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $654,920 0.0% $417 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $654,920 -- $417 / 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 $3,787 $114,760 $0 $114,760
2023 $3,039 $92,080 $0 $92,080
2022 $2,697 $81,740 $0 $0
2021 $2,563 $75,460 $0 $0
2020 $2,666 $78,600 $0 $0
2019 $2,563 $75,460 $0 $0
2018 $2,303 $67,600 $0 $0
2017 $1,836 $53,440 $0 $0
2016 $1,577 $45,580 $0 $0
2015 $1,577 $45,580 $0 $0
2014 $1,556 $44,960 $0 $0
2013 -- $40,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kandy Hines

    Seller's Agent in 2024

    Kandy Hines

    RE/MAX

    (251) 209-1811

    58 in this area

    176 Total Sales

    Kandy Hines
    Section Image
  • The Pro Team

    Seller Co-Listing Agent in 2024

    The Pro Team

    RE/MAX

    (251) 752-1219

    75 in this area

    218 Total Sales

    The Pro Team
    Section Image
  • Rodney Hamrick

    Buyer's Agent in 2024

    Rodney Hamrick

    World Impact Real Estate

    (251) 366-5464

    7 in this area

    23 Total Sales

    Rodney Hamrick
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 370726

Baldwin REALTORS®

APN: 66-04-20-3-000-003.000-944

Alabama Baldwin County Gulf Shores 36542

507 W Beach Blvd Unit 902, Gulf Shores, AL

Sold

Condos

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