NOT LISTED FOR SALE

Island Towers 521 W Beach Blvd Unit 2101 Gulf Shores, AL 36542

Estimated Value: $921,000 - $990,000

3 Beds
3 Baths
1,621 Sq Ft
$593/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $910,000 $561 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,293/month

30 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 July 2022

BEST VIEWS IN GULF SHORES. Look no further, this condo is truly the Catch of the Day. The well-appointed east corner unit has floor to ceiling glass in all rooms. All bedrooms and LR open to 2 separate balconies to enjoy the awesome scenic views and beautiful sunrises over the Gulf of Mexico. Seller has i-Waves air purification installed on the A/C to ensure clean air in the unit and is on contract to clean duct work every 6 months. Updated decor with brand new cabinets in the Kitchen and 1 guest bath. The Look and Cook Kitchen has new textured marble countertops with glass mosaics on the backsplash and around the kitchen bar. New kitchen appliances and updated furniture. Primary Bath has jetted tub, double vanity, and separate corner shower. This unit is turn-key and ready to use or rent. First-Class Amenities Include Indoor and Outdoor Pool, Outdoor Shower, Pool Bathrooms, Private Boardwalk For Easy Access To Beach, Sauna, Fitness Center, and BBQ Area, and garage parking. Walk the beach or sidewalk to The Hangout, restaurants, and all the shopping near Gulf Place. Don't Miss Your Opportunity To Own A Piece Of Paradise.

Last Agent to Sell the Property

Robin Roberts

EXP REALTY,LLC Listed on: 06/05/2022

EXP REALTY,LLC

Last Buyer's Agent

Virginia Coate

RE/MAX Gulf Properties

RE/MAX Gulf Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 21st floor
  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 1,621 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Deeded Waterfront Access Rights
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-004.001949

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,905

Year Built

Built in 2005

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Cable, Ceiling Fan(s), Internet, Split Bedroom Plan, Termite Contract, Window Treatments, Porch-Back, Porch-Side
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Corner Unit
  • View: Direct Gulf Front
  • Parcel Id Tax Id: 66-04-20-3-000-004.001949
  • Year Built: 2005
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 2101 ISLAND TOWER CONDO IN CITY OF GULF SHORES SEC 20-T 9S-R4E (WD)
  • 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
  • Balcony Size: 7x25
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x10, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area Type: Lvg/Dng Combo
  • Elevators: 2
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10x11, On Level: Main Level
  • Living Dining: Dimensions: 15x20, On Level: Main Level
  • Master Bed: Dimensions: 12x15, On Level: Main Level
  • Price Per Sq Ft: 561.38
  • Property Interior Stories: 1
  • Unit Floor: 21

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Heat Pump
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

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

Lot Info

  • Lot Block Unit: 2101
  • Lot Description: 1-3 Acres

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 3905.22
  • Assessor Parcel Number: 271179

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Jul 29, 2022
Sold by
Favret Development Llc
Bought by
Jhp Land Llc
Seller's Agent
Robin Roberts
EXP REALTY,LLC
Buyer's Agent
Virginia Coate
RE/MAX Gulf Properties
List Price
$929,000
Sold Price
$910,000
Premium/Discount to List
-$19,000
-2.05%
Views
1
Current Estimated Value
$960,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,717
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
May 25, 2012
Sold by
Favret Anne B
Bought by
Favret Development Llc

Purchase Details

Closed on
May 9, 2006
Sold by
Ventures Pass Llc
Bought by
Favret Robert F and Favret Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jhp Land Llc $910,000 Taupeka Law Llc
Favret Development Llc -- None Available
Favret Robert F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Favret Robert F $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $910,000 -2.0% $561 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/05/2022 06/05/22 For Sale $929,000 -- $573 / 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 $5,649 $171,180 $0 $171,180
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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 331871

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-949