D
Seller's Agent in 2020
Deb Panos
Simpson Properties Group
(251) 230-9150
29 Total Sales
511 E Beach Blvd Unit 602 Gulf Shores, AL 36542
Estimated Value: $507,863 - $627,000
3
Beds
2
Baths
1,086
Sq Ft
$516/Sq Ft
Est. Value
Highlights
- Property fronts gulf or ocean
- Community Pool
- Tile Flooring
- Gulf Shores Elementary School Rated A-
- Community Barbecue Grill
- En-Suite Primary Bedroom
About This Home
As of October 2020Gulf House 601 and 602 are being offered as a package only and will not be sold separately. Rarely do 3 bedroom, gulf front, Gulf House units become available and now you have the opportunity to purchase the two top floor units. These two properties will be sold together and they offer a very unique investment opportunity. You can rent them as two 3 bedroom, 2 bath condos or as one 6 bedroom 4 bath property. Or, stay in one and rent the other. There is an adjoining door between the units that can be open or closed and locked. Incredible views, awesome location and beautifully decorated, these condos are very desirable rentals. The furniture in the master bedroom (bed, mattress, box spring, dresser and two night stands) does not convey. Otherwise, sold furnished. Sliding glass doors are hurricane glass. Association fee includes high speed internet. This unit will only be sold as a package with Unit 601, MLS #301081 The list price for the two units is $828,000.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,150
Year Built
- Built in 1981
Lot Details
- Property fronts gulf or ocean
- Landscaped
HOA Fees
- $505 Monthly HOA Fees
Home Design
- Block Foundation
- Slab Foundation
- Stucco Exterior
Interior Spaces
- 1,086 Sq Ft Home
- Partially Furnished
- ENERGY STAR Qualified Ceiling Fan
- Ceiling Fan
- Combination Dining and Living Room
- Stacked Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- Covered Parking
- Parking Lot
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 66-05-21-2-000-180.000932
Community Details
Overview
- Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, taxes-common area, water/sewer, internet
- Gulf House Community
- The community has rules related to covenants, conditions, and restrictions
- 6-Story Property
Amenities
- Community Barbecue Grill
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2020
Closed on
Oct 16, 2020
Sold by
Cohen Oran E
Bought by
Ollinger Zoe
Seller's Agent
Deb Panos
Simpson Properties Group
Buyer's Agent
Deb Panos
Simpson Properties Group
List Price
$414,000
Sold Price
$385,000
Premium/Discount to List
-$29,000
-7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,716
Avg. Annual Appreciation
8.03%
Original Mortgage
$308,000
Outstanding Balance
$275,185
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$285,531
Purchase Details
Closed on
Dec 4, 2009
Sold by
Robbins J C and Robbins Jane A
Bought by
Cohen Oran E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ollinger Zoe | $385,000 | Atc | |
| Cohen Oran E | -- | Gst |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ollinger Zoe | $308,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2020 10/16/20 | Sold | $385,000 | -7.0% | $355 / Sq Ft |
| 08/01/2020 08/01/20 | Pending | -- | -- | -- |
| 07/10/2020 07/10/20 | For Sale | $414,000 | -- | $381 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $3,512 | $106,420 | $0 | $106,420 |
| 2023 | $3,297 | $99,920 | $0 | $99,920 |
| 2022 | $2,616 | $79,280 | $0 | $0 |
| 2021 | $2,276 | $74,940 | $0 | $0 |
| 2020 | $2,236 | $66,240 | $0 | $0 |
| 2019 | $2,199 | $65,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Deb Panos
Map
Source: Baldwin REALTORS®
MLS Number: 301082
APN: 66-05-21-2-000-180.000-932
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