NOT LISTED FOR SALE

Island Towers 521 W Beach Blvd Unit 2302 Gulf Shores, AL 36542

Estimated Value: $895,000 - $1,017,000

3 Beds
3 Baths
1,600 Sq Ft
$599/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $870,000 $544 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,234/month

387 Days on Market

Highlights

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

About This Home

As of May 2023

WHAT A VIEW! This stunning open concept 3 bedroom 3 bath Gulf Front condo is ready for all your beach living! This unit it TOTALLY FURNISHED...just bring your swimsuit! The 23rd floor offers breathtaking views, both quite sunrises and amazing sunsets. Oversized balcony allows for quiet moments or great entertaining! The Owners suite, as well as the 2nd owners suite, has access to the balcony. From the moment you walk into this beautiful condo all eyes are on the water! Most furniture has been purchased within the last 2 years, new mattresses, new bedding, new couch, New Fridge and the list goes on! The kitchen allows for the chef in your family to part of all actives within the condo, granite countertops and stainless steel appliances. Island tower is located, within walking distance, to restaurants, entertainment, and of course the Alabama White sand beaches! Beautiful pool (inside pool for the cooler months and an outdoor pool), and covered parking is a bonus for this property. Newly Renovated Work Out Area and Gym!! Unit is a private unit and is not rental. This is a must see! Call today to schedule your private viewing of the perfect Beach Living Condo. Alabama Beach living at its best! ALL REASONABLE offers will be considered.

Last Agent to Sell the Property

Lynda Brookshire

Realty Executives Gulf Coast Listed on: 04/08/2022

Realty Executives Gulf Coast

Last Buyer's Agent

Susan Trawick

Engel and Volkers Gulf Shores

Engel and Volkers Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,689

Year Built

  • Built in 2005

Lot Details

  • Beachside

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Entry on the 23rd floor
  • Reinforced Concrete Foundation
  • Steel Frame
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 1,600 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lagoon or Estuary
  • Outdoor Storage

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-004.001956

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
  • The community has rules related to covenants, conditions, and restrictions
  • 26-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby
  • Community Wi-Fi

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,689

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), High Ceilings, Internet, Split Bedroom Plan, Storage-Out
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front, Indirect Lagoon-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-3-000-004.001956
  • Year Built: 2005
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 2302 ISLAND TOWER CONDO IN CITY OF GULF SHORES SEC 20-T 9S-R4E (WD/SURVIVORSHIP)
  • 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
  • Estimated Living Area: 1600
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 10'1"x15, On Level: Main Level
  • Bedroom 3: Dimensions: 13'2"x10'6", On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 9'10"x11', On Level: Main Level
  • Living Room: Dimensions: 20'5"x11'6", On Level: Main Level
  • Master Bed: Dimensions: 11'2'x15', On Level: Main Level
  • Price Per Sq Ft: 543.75
  • Property Interior Stories: 1
  • Unit Floor: 23
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, 1st Floor Primary, Balcony/Patio

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Beach Side - Building, Deeded Access, 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, 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, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet
  • Community Amenities: Bbq Area, Common Lobby, Exercise Room, Internet, Pool - Outdoor, Pets - Owners Only, Steam/Sauna
  • Condo Building Stories: 26
  • Condo Complex: Island Tower

Lot Info

  • Lot Block Unit: 2302
  • Lot Description: Water View, Waterfront

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 3689.40
  • Assessor Parcel Number: 271186

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 12, 2023
Sold by
Vreeland William and Vreeland Gina
Bought by
Wingard David B
Seller's Agent
Lynda Brookshire
Realty Executives Gulf Coast
Buyer's Agent
Susan Trawick
Engel and Volkers Gulf Shores
List Price
$989,900
Sold Price
$870,000
Premium/Discount to List
-$119,900
-12.11%
Views
174
Current Estimated Value
$959,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,077
Avg. Annual Appreciation
4.06%

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 19, 2019
Sold by
Loranger Paul Leo and Loranger Casey Kelley
Bought by
Gina Vreeland William and Gina Versacevreeland
Seller's Agent
Jackie Montgomery
Bellator RE LLC Orange Beach
Buyer's Agent
Lynda Brookshire
Realty Executives Gulf Coast
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$422,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2017
Closed on
Nov 27, 2017
Sold by
Maghsoud Ebrahim
Bought by
Loranger Paul Leo and Loranger Casey Kelley
Seller's Agent
Linda Lou Parsons
Roberts Brothers Eastern Shore
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$412,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Shallow Susan M
Bought by
Maghsoud Ebrahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.62%
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
Wingard David B $870,000 None Listed On Document
Gina Vreeland William $580,000 Professional Land Title Inc
Loranger Paul Leo $515,000 None Available
Maghsoud Ebrahim -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gina Vreeland William $422,000
Previous Owner Loranger Paul Leo $412,000
Previous Owner Maghsoud Ebrahim $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $870,000 -1.7% $544 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $884,900 +4.7% $553 / Sq Ft
03/01/2023 03/01/23 Price Changed $844,900 -5.6% $528 / Sq Ft
10/29/2022 10/29/22 Price Changed $894,900 -0.1% $559 / Sq Ft
09/10/2022 09/10/22 Price Changed $895,900 -0.4% $560 / Sq Ft
07/13/2022 07/13/22 Price Changed $899,900 -5.3% $562 / Sq Ft
06/05/2022 06/05/22 Price Changed $949,900 -2.5% $594 / Sq Ft
04/19/2022 04/19/22 Price Changed $973,900 -1.6% $609 / Sq Ft
04/08/2022 04/08/22 For Sale $989,900 +70.7% $619 / Sq Ft
09/30/2019 09/30/19 Sold $580,000 -2.5% $361 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $595,000 +15.5% $371 / Sq Ft
12/11/2017 12/11/17 Sold $515,000 0.0% $321 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Sold $515,000 -2.6% $321 / Sq Ft View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
11/03/2017 11/03/17 Pending -- -- --
09/30/2017 09/30/17 Price Changed $529,000 -1.9% $330 / Sq Ft
01/11/2017 01/11/17 For Sale $539,000 -- $336 / 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 $5,270 $159,700 $0 $159,700
2023 $5,060 $153,320 $0 $153,320
2022 $4,110 $124,560 $0 $0
2021 $3,763 $111,800 $0 $0
2020 $3,499 $103,800 $0 $0
2019 $3,394 $100,620 $0 $0
2018 $3,289 $97,420 $0 $0
2017 $3,183 $94,220 $0 $0
2016 $3,109 $91,980 $0 $0
2015 $2,973 $87,840 $0 $0
2014 $2,899 $85,600 $0 $0
2013 -- $79,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 328866

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-956