NOT LISTED FOR SALE

511 E Beach Blvd Unit 605 Gulf Shores, AL 36542

Estimated Value: $400,374 - $528,000

2 Beds
2 Baths
936 Sq Ft
$500/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $233,000 $249 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,122/month

246 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Unit is on the top floor
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • Tile Flooring

About This Home

As of June 2018

NEW PRICE. Comfortable Gulf Front 2 bedroom condo located in a DIRECT GULF FRONT COMPLEX, that was complete redecorated in 2016, with Full Gulf view from Balcony. This unit has large dining area, nice open living area and a 5X15 Balcony with great water view, and is a top floor unit. Complex located close to Gulf Shores Pier and Park and many restaurants. This is a popular area for rentals and is a rental unit. Just buy enjoy and rental ready. 2017 Gross Rentals $21,522

Last Agent to Sell the Property

Tesa Morgan

Platinum Properties Southern Listed on: 09/22/2017

Platinum Properties Southern

Last Buyer's Agent

Mindy Jones

RE/MAX Paradise

RE/MAX Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1981

Lot Details

  • 1.21

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Metal Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 936 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Parking Lot

Schools

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

Additional Features

  • Property fronts gulf or ocean
  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 49022

Community Details

Overview

  • Association fees include management, common area maintenance, pest control, recreational facilities, trash, water/sewer
  • 1 Elevator
  • Gulf House Community
  • The community has rules related to covenants, conditions, and restrictions
  • 6-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1981

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry, Slab & Piers
  • Construction Status: Resale
  • Home Warranty: Yes
  • Intersecting Street: Highway 59
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Top Floor
  • Owners Association: Yes
  • Parcel Id Tax Id: 49022
  • Year Built: 1981
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator, Smoke Detector
  • Estimated Living Area: 936
  • Balcony Size: 5 X 10
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x11, On Level: Main Level
  • Bedrooms: 2
  • Elevators: 1
  • Floors: Tile
  • Living Room: Dimensions: 10x12, On Level: Main Level
  • Master Bed: Dimensions: 13x12, On Level: Main Level
  • Price Per Sq Ft: 248.93
  • Property Interior Stories: 1
  • Unit Floor: 6
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Number Of Parking Spaces: 2
  • Garage Parking: No Garage/Carport/Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 395
  • Association Fees Include: Association Management, Common Area Maintenance, Pest Control, Recreational Facilities, Trash, Water/Sewer
  • Community Amenities: Laundry Facilities, Pool - Outdoor
  • Condo Building Stories: 6
  • Condo Complex: Gulf House

Fee Information

  • Transfer Fees: Yes

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: Gulf House

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1048
  • Assessor Parcel Number: 49022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jun 30, 2018
Sold by
Weir Tony R and Weir Tracy A
Bought by
Binder Kurt Andrew and Binder Leslie Lally
Seller's Agent
Tesa Morgan
Platinum Properties Southern
Buyer's Agent
Mindy Jones
RE/MAX Paradise
List Price
$275,000
Sold Price
$233,000
Premium/Discount to List
-$42,000
-15.27%
Current Estimated Value
$468,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,094
Avg. Annual Appreciation
10.13%
Original Mortgage
$186,400
Outstanding Balance
$162,234
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$305,860

Purchase Details

Listed on
Sep 1, 2015
Closed on
Mar 11, 2016
Sold by
May Joan L
Bought by
Weir Tony and Weir Tracy
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
Marty Sherrer
MarMac Real Estate Coastal
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$135,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2013
Closed on
Jun 27, 2013
Sold by
Sewell Keith
Bought by
May Joan L
Seller's Agent
Hunter McClure
Pointe South
Buyer's Agent
Hunter McClure
Pointe South
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 15, 2012
Sold by
Mayville Catherine L
Bought by
Sewell Keith
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
Non Member
Non Member Office
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.43%

Purchase Details

Closed on
Mar 15, 2005
Sold by
Comerford Mark and Comerford Beverly
Bought by
Mayville Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Binder Kurt Andrew $47,000 None Available
Weir Tony $180,000 Ct
May Joan L $170,000 Slt
Sewell Keith -- None Available
Mayville Catherine L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binder Kurt Andrew $186,400
Previous Owner Weir Tony $135,000
Previous Owner Mayville Catherine L $187,900
Previous Owner Mayville Catherine L $251,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $233,000 -6.0% $249 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/10/2018 05/10/18 Price Changed $248,000 -3.9% $265 / Sq Ft
11/27/2017 11/27/17 Price Changed $258,000 -2.6% $276 / Sq Ft
11/11/2017 11/11/17 Price Changed $265,000 -3.6% $283 / Sq Ft
09/22/2017 09/22/17 For Sale $275,000 +52.8% $294 / Sq Ft
03/15/2016 03/15/16 Sold $180,000 0.0% $192 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $180,000 +5.9% $192 / Sq Ft
06/28/2013 06/28/13 Sold $170,000 0.0% $182 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
04/27/2013 04/27/13 For Sale $170,000 +30.8% $182 / Sq Ft
06/15/2012 06/15/12 Sold $130,000 0.0% $144 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $130,000 -- $144 / 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 $2,794 $84,680 $0 $84,680
2023 $2,620 $79,380 $0 $79,380
2022 $1,804 $54,680 $0 $0
2021 $1,560 $51,160 $0 $0
2020 $1,642 $48,520 $0 $0
2019 $1,554 $45,860 $0 $0
2018 $1,554 $45,860 $0 $0
2017 $1,205 $35,280 $0 $0
2016 $1,089 $31,760 $0 $0
2015 $1,176 $34,400 $0 $0
2014 $1,063 $30,880 $0 $0
2013 -- $24,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tesa Morgan

    Seller's Agent in 2018

    Tesa Morgan

    Platinum Properties Southern

    (251) 609-6991

    3 in this area

    7 Total Sales

    Tesa Morgan
    Section Image
  • Mindy Jones

    Buyer's Agent in 2018

    Mindy Jones

    RE/MAX

    (251) 747-0854

    85 in this area

    290 Total Sales

    Mindy Jones
    Section Image

  • N

    Seller's Agent in 2016

    Non Member

    Non Member Office

  • Marty Sherrer

    Buyer's Agent in 2016

    Marty Sherrer

    MarMac Real Estate Coastal

    (251) 752-0158

    4 in this area

    47 Total Sales

    Marty Sherrer
    Section Image
  • Hunter McClure

    Seller's Agent in 2013

    Hunter McClure

    Pointe South

    (251) 327-0054

    44 in this area

    123 Total Sales

    Hunter McClure
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 260528

Baldwin REALTORS®

APN: 66-05-21-2-000-180.000-935

Alabama Baldwin County Gulf Shores 36542

511 E Beach Blvd Unit 605, Gulf Shores, AL

This home is located at 511 E Beach Blvd Unit 605, Gulf Shores, AL 36542 since 22 September 2017 and is currently estimated at $468,094, approximately $500 per square foot. This property was built in 1981. 511 E Beach Blvd Unit 605 is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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