NOT LISTED FOR SALE

Island Towers 521 W Beach Blvd Unit 2103 Gulf Shores, AL 36542

Estimated Value: $921,000 - $989,000

3 Beds
3 Baths
1,621 Sq Ft
$590/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $880,000 $543 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,271/month

96 Days on Market

Highlights

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

About This Home

As of August 2022

Beautifully Appointed Gulf Front Condo Offers Expansive Unobstructed Views Overlooking The Gulf of Mexico and Little Lagoon. Luxury At It's Finest. This West Corner Condo Features: Travertine Tile Throughout, 9 ft Floor To Ceiling Windows With Panoramic Views, Crown Molding, Recessed Lighting, Gourmet Kitchen With Granite Countertops, Custom Cabinetry, Updated Fixtures and All Stainless Steel Appliances, Private Gulf Front Balcony Can Be Accessed From Both Living Room and Master Bedroom. Spa Like Master Bathroom Offers Dual Vanity With His and Her Sinks, Jacuzzi Tub and Separate Stand Up Shower. Guest Bedrooms Both Have Private Bathrooms and Access To Their Own Private Balcony. Gorgeous Views From Every Room. Prime Location In The Heart Of Gulf Shores. All Within Walking Distance To Shopping, Restaurants, Festivals, Beaches and More. Turn Key and Rent Ready. First Class Amenities To Include: Indoor and Outdoor Pool, Outdoor Shower, Private Boardwalk For Easy Access To Beach, Sauna, Fitness Center and BBQ Area. Don't Miss Your Opportunity To Own A Piece Of Paradise.

Last Agent to Sell the Property

The Carruth Team

eXp Realty, LLC Gulf Shores Br Listed on: 03/25/2022

eXp Realty, LLC Gulf Shores Br

Co-Listed By

Kip Stricklin

Goode Realty, LLC License #92172

Last Buyer's Agent

Sam Bass

Alabama Beach Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 2005

Lot Details

  • Beachside
  • Landscaped

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 1,621 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 271181

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash, water/sewer, internet
  • 2 Elevators
  • Island Tower Community
  • 26-Story Property

Amenities

  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

  • Community Beach Access

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: Other Foundation-See Rm
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front, Indirect Lagoon-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 271181
  • Year Built: 2005
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: Unit 2103 Island Tower Condo In The City of Gulf Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 1621
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 9X10, On Level: Main Level
  • Living Room: Dimensions: 15X20, On Level: Main Level
  • Master Bed: Dimensions: 12X15, On Level: Main Level
  • Price Per Sq Ft: 542.87
  • Property Interior Stories: 1
  • Unit Floor: 21
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, 1st Floor Primary, Balcony/Patio, Direct Gulf View-Primary

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Beach Side - Building, Deeded Access, Gulf Accs (Wlk <=1/4 Mi), Gulf Front - Building, Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Total Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 750
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet
  • Community Amenities: Bbq Area, Exercise Room, Internet, Pool - Indoor, Landscaping, Pool - Outdoor, Steam/Sauna, Water Access-Deeded
  • Condo Building Stories: 26
  • Condo Complex: Island Tower

Lot Info

  • Lot Block Unit: 2103
  • Lot Description: Water View, Waterfront

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 3,905.22
  • Assessor Parcel Number: 271181

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Aug 16, 2022
Sold by
John Gerrard
Bought by
Korab Yamen and Ghaleb Aline G
Seller's Agent
The Carruth Team
eXp Realty, LLC Gulf Shores Br
Buyer's Agent
Sam Bass
Alabama Beach Realty LLC
List Price
$975,000
Sold Price
$880,000
Premium/Discount to List
-$95,000
-9.74%
Current Estimated Value
$956,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,352
Avg. Annual Appreciation
2.63%
Original Mortgage
$300,000
Outstanding Balance
$286,815
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$669,537

Purchase Details

Closed on
Mar 9, 2021
Sold by
Matt Lumpkins Family Llc
Bought by
Gerrard John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 24, 2020
Sold by
Pollard Dennis D and Patterson Pollard Rebecca
Bought by
Matt Lumpkin S Family Llc
Seller's Agent
Toma Carlton
EXIT Allstar Gulf Coast Realty
Buyer's Agent
Toma Carlton
EXIT Allstar Gulf Coast Realty
List Price
$629,900
Sold Price
$580,000
Premium/Discount to List
-$49,900
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$464,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 25, 2015
Sold by
Stumpf Garrick M and Stumpf Darla A
Bought by
Pollard Dennis D and Patterson Pollard Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2006
Sold by
Mitchem Hinton
Bought by
Stumpff Garrick M and Stumpff Darla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
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
Korab Yamen $880,000 Taupeka Law Llc
Gerrard John $510,000 None Available
Matt Lumpkin S Family Llc $580,000 None Available
Pollard Dennis D $500,000 None Available
Stumpff Garrick M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korab Yamen $300,000
Previous Owner Gerrard John $510,000
Previous Owner Matt Lumpkin S Family Llc $464,000
Previous Owner Pollard Dennis D $500,000
Previous Owner Stumpff Garrick M $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $880,000 -3.2% $543 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $909,000 -4.2% $561 / Sq Ft
04/28/2022 04/28/22 Price Changed $949,000 -2.7% $585 / Sq Ft
03/31/2022 03/31/22 For Sale $975,000 0.0% $601 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $975,000 +68.1% $601 / Sq Ft
07/27/2020 07/27/20 Sold $580,000 -7.9% $358 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $629,900 -- $389 / 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

  • T

    Seller's Agent in 2022

    The Carruth Team

    eXp Realty, LLC Gulf Shores Br

    (251) 424-1238

    29 in this area

    86 Total Sales

    The Carruth Team
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kip Stricklin

    Goode Realty, LLC

  • Sam Bass

    Buyer's Agent in 2022

    Sam Bass

    Alabama Beach Realty LLC

    (251) 214-6155

    26 in this area

    56 Total Sales

    Sam Bass
    Section Image
  • Toma Carlton

    Seller's Agent in 2020

    Toma Carlton

    EXIT Allstar Gulf Coast Realty

    (251) 979-6693

    24 in this area

    42 Total Sales

    Toma Carlton
    Section Image
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About Island Towers

Map

Source: Baldwin REALTORS®

MLS Number: 328077

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-951

Alabama Baldwin County Gulf Shores 36542

521 W Beach Blvd Unit 2103, Gulf Shores, AL

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