NOT LISTED FOR SALE

Island Towers 521 W Beach Blvd Unit 1803 Gulf Shores, AL 36542

Estimated Value: $921,000 - $1,035,000

3 Beds
3 Baths
1,621 Sq Ft
$601/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $760,000 $469 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,365/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Community Indoor Pool
  • Gulf Shores Elementary School Rated A-
  • Fitness Center
  • Sauna

About This Home

As of August 2021

Resting on the corner of the 18th floor with direct panoramic views of the Gulf of Mexico is this newly renovated and maintenance free unit at the highest condo in Gulf Shores, Island Tower. This pristine unit has 3 bedrooms, 3 en-suite bathrooms including the main bedroom, stainless steel appliances and two covered private balconies that extends the entire length of the condo. Over $45,000 in upgrades were made in 2020 including wood-look tile floors throughout for easy cleaning and maintenance, new custom drapes in the living and main bedroom, new AC, new mattresses, new granite, new garbage disposal, new kitchen stove and hood and new electric reclining sofa. Island Tower offers private deeded beach access, and indoor and outdoor pool, fitness center, private parking place for the owner(s) as well as discounted beach chair service. The owner has already paid the $5000 Hurricane Sally assessment and building and individual unit repairs will commence this fall after the busy season. Island Tower's construction standards are higher than found in the Miami-Dade area so you can rest assured you are in safe and beautiful condo. The condo is vacant and easy to show.

Last Agent to Sell the Property

Jake DeVantier

Local Property Inc. Listed on: 07/19/2021

Last Buyer's Agent

Antoni Figueiredo

RE/MAX on the Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,637

Year Built

  • Built in 2005

Lot Details

  • Landscaped

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Entry on the 18th floor
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 1,621 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Golf Cart Garage
  • Deeded Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-004.001942

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, reserve funds, taxes-common area, trash, water/sewer, internet, pool
  • Island Tower Community
  • The community has rules related to covenants, conditions, and restrictions
  • 26-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby
  • Community Wi-Fi

Recreation

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,637

Year Built

Built in 2005

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, En-Suite, High Ceilings, Internet, Split Bedroom Plan, Porch-Back
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Corner Unit
  • View: Direct Gulf Front, Southern View, Western View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-3-000-004.001942
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer, Cooktop
  • Estimated Living Area: 1621
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 15x11, On Level: Main Level
  • Bedroom 3: Dimensions: 12x10, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 14x12, On Level: Main Level
  • Living Dining: Dimensions: 26x12, On Level: Main Level
  • Living Room: Dimensions: 14x12, On Level: Main Level
  • Master Bed: Dimensions: 14x12, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Garden Tub, Jetted Tub, Separate Shower, Walk In Closet, Balcony/Patio, Private Water Closet, Direct Gulf View - Master
  • Price Per Sq Ft: 468.85
  • Property Interior Stories: 1
  • Unit Floor: 18
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Golf Cart, Condo: Assigned Parking, Condo: Covered Parking, Condo: Deeded Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 750
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Common Lobby, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Covered Entry, Exercise Room, Fencing, Internet, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Owners Only, Pets - Allowed, Steam/Sauna, Water Access-Deeded
  • Condo Building Stories: 26
  • Condo Complex: Island Tower

Lot Info

  • Lot Block Unit: 1803
  • Lot Description: Less Than 1 Acre

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 3637.26
  • Assessor Parcel Number: 271172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 17, 2021
Sold by
Revocable Liv Tr Of Bassam Sameh Al Jund
Bought by
Modern Homes Llc
Seller's Agent
Jake DeVantier
Local Property Inc.
Buyer's Agent
Antoni Figueiredo
RE/MAX on the Coast
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Current Estimated Value
$974,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,221
Avg. Annual Appreciation
6.05%
Original Mortgage
$660,000
Outstanding Balance
$554,412
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$419,809

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 27, 2018
Sold by
Berghahn Marks Iii Everard W and Berghahn Marks Britta
Bought by
Witter Phillip D and Witter Kimberlee M
Seller's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
Buyer's Agent
Lee Mason
Epique Realty
List Price
$549,900
Sold Price
$549,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Sep 26, 2013
Sold by
Marks Everard W and Marks Britta Berghahn
Bought by
Marks Everard W and Marks Britta

Purchase Details

Closed on
May 27, 2009
Sold by
Oakley Billy Dewayne
Bought by
Marks Everard W and Marks Britta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.95%
Mortgage Type
Unknown
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
Modern Homes Llc $760,000 None Available
Witter Phillip D -- None Available
Marks Everard W $158,500 None Available
Marks Everard W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modern Homes Llc $660,000
Previous Owner Marks Everard W $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $760,000 -4.9% $469 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $799,000 +27.8% $493 / Sq Ft
09/04/2020 09/04/20 Sold $625,000 -1.4% $386 / Sq Ft View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $634,000 -1.6% $391 / Sq Ft
08/09/2020 08/09/20 Price Changed $644,000 -2.3% $397 / Sq Ft
07/29/2020 07/29/20 For Sale $659,000 +19.8% $407 / Sq Ft
08/28/2018 08/28/18 Sold $549,900 0.0% $339 / Sq Ft View Prior Sale
08/13/2018 08/13/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $549,900 -- $339 / 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 $5,885 $178,320 $0 $178,320
2023 $5,767 $171,180 $0 $171,180
2022 $4,590 $139,080 $0 $0
2021 $3,980 $139,080 $0 $0
2020 $3,712 $110,220 $0 $0
2019 $3,627 $107,640 $0 $0
2018 $3,445 $102,120 $0 $0
2017 $3,391 $100,500 $0 $0
2016 $3,124 $92,400 $0 $0
2015 $3,017 $89,160 $0 $0
2014 $2,942 $86,880 $0 $0
2013 -- $81,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake DeVantier

    Seller's Agent in 2021

    Jake DeVantier

    Local Property Inc.

    (901) 485-8426

    7 in this area

    79 Total Sales

    Jake DeVantier
    Section Image
  • Antoni Figueiredo

    Buyer's Agent in 2021

    Antoni Figueiredo

    RE/MAX on the Coast

    (251) 223-3904

    71 in this area

    144 Total Sales

    Antoni Figueiredo
    Section Image
  • Lee Mason

    Seller's Agent in 2020

    Lee Mason

    Epique Realty

    (850) 512-2057

    35 in this area

    103 Total Sales

    Lee Mason
    Section Image
  • Ricky Carruth

    Seller's Agent in 2018

    Ricky Carruth

    eXp Realty, LLC Gulf Shores Br

    (251) 752-1138

    33 in this area

    107 Total Sales

    Ricky Carruth
    Section Image
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About Island Towers

Map

Source: Baldwin REALTORS®

MLS Number: 317313

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-942

Alabama Baldwin County Gulf Shores 36542

521 W Beach Blvd Unit 1803, Gulf Shores, AL

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