NOT LISTED FOR SALE

Island Towers 521 W Beach Blvd Unit 2001 Gulf Shores, AL 36542

Estimated Value: $911,000 - $969,000

3 Beds
3 Baths
1,621 Sq Ft
$583/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $789,000 $487 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,170/month

19 Days 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 January 2022

Fabulous GULF FRONT unit in desirable complex in Gulf Shores! Gorgeously furnished three bedroom, three bath unit with amazing southern and easternly views from this 20th floor unit! Views of Little Lagoon from the 3rd bedroom balcony! Tile throughout, granite counter-tops in kitchen, stainless steel appliances. Floor to ceiling glass for panoramic breathtaking views. Amenities include indoor and outdoor pools, exercise facility and steam/sauna. Fabulous location within walking distance to many restaurants, shops and entertainment,including Gulf Place where festivals and concerts are held throughout the year. This unit is a must see! ADDITIONAL PHOTOS COMING SOON!

Last Agent to Sell the Property

Joe Curlette

Century 21 J Carter & Company Listed on: 10/25/2021

Century 21 J Carter & Company

Last Buyer's Agent

Donna Burns

Kaiser Sotheby's Int-GS License #103347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,637

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Entry on the 20th floor
  • Reinforced Concrete Foundation
  • Steel Frame
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 1,621 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Covered Parking
  • Deeded Parking

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-004.001946

Community Details

Overview

  • 2 Elevators
  • Island Tower Community
  • The community has rules related to covenants, conditions, and restrictions
  • 26-Story Property

Amenities

Recreation

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: Solid Masonry, Steel Frame, P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Cable, Ceiling Fan(s), Internet, Storage-In
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front
  • Parcel Id Tax Id: 66-04-20-3-000-004.001946
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 1621
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13 x 10, On Level: Main Level
  • Bedroom 3: Dimensions: 12 x 10, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 13 x 10, On Level: Main Level
  • Living Dining: Dimensions: 14 x 21, On Level: Main Level
  • Master Bed: Dimensions: 14 x 12, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Garden Tub, Separate Shower, Walk In Closet, Balcony/Patio, Direct Gulf View - Master
  • Price Per Sq Ft: 486.74
  • Property Interior Stories: 1
  • Unit Floor: 20
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 750
  • Community Amenities: Condo 3-Bdrms In Complex, Condo 4-Bdrms In Complex, Covered Entry, Exercise Room, Fire Sprinkler System, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Owners Only, Steam/Sauna, Water Access-Deeded
  • Condo Building Stories: 26
  • Condo Complex: Island Tower

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 2001
  • Lot Description: Water View, Waterfront

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 3637.26
  • Assessor Parcel Number: 271176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 5, 2022
Sold by
Turner Garnet O and Turner Patricia E
Bought by
Past Enterprises Llc
Seller's Agent
Joe Curlette
Century 21 J Carter & Company
Buyer's Agent
Donna Burns
Kaiser Sotheby's Int-GS
List Price
$799,000
Sold Price
$789,000
Premium/Discount to List
-$10,000
-1.25%
Current Estimated Value
$945,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,653
Avg. Annual Appreciation
4.87%
Original Mortgage
$631,200
Outstanding Balance
$542,867
Interest Rate
3.12%
Mortgage Type
Commercial
Estimated Equity
$402,786

Purchase Details

Closed on
Apr 15, 2011
Sold by
Rbl L L C
Bought by
Turner Garnet O and Turner Patricia E

Purchase Details

Closed on
Nov 5, 2010
Sold by
Keane Colman C and Keane Rena E
Bought by
Rbl L L C

Purchase Details

Closed on
Apr 23, 2009
Sold by
Oakley Dewayne
Bought by
Keane Colman C and Keane Rena E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,300
Interest Rate
5.05%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Past Enterprises Llc $789,000 None Available
Turner Garnet O -- Slt
Rbl L L C -- Slt
Keane Colman C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Past Enterprises Llc $631,200
Previous Owner Keane Colman C $393,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $789,000 -1.3% $487 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $799,000 -- $493 / 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 $5,349 $162,100 $0 $162,100
2023 $5,243 $155,620 $0 $155,620
2022 $4,173 $126,440 $0 $0
2021 $3,980 $118,340 $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 $1,525 $46,200 $0 $0
2015 $1,471 $44,580 $0 $0
2014 $1,434 $43,440 $0 $0
2013 -- $40,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 322096

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-946