NOT LISTED FOR SALE

The Colonnades 527 E Beach Blvd Unit 1502 Gulf Shores, AL 36542

Estimated Value: $901,000 - $1,014,000

3 Beds
3 Baths
1,725 Sq Ft
$557/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $575,000 $333 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,792/month

2 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Meeting Room
  • Gulf Shores Elementary School Rated A-
  • Community Pool
  • Community Wi-Fi

About This Home

As of October 2019

Enjoy gorgeous views of the Gulf of Mexico from this luxurious unit in a desirable complex. Enjoy the benefits of privacy from this low density (only 3 units per floor) gulf front three bedroom, three bath condo located in one of Gulf Shores best locations. Enjoy the beautiful gulf views from the floor to ceiling windows and large balcony. This unit offers granite, tile, wet bar stainless appliances and lots of other high end features. The huge master bath has a jetted tub and separate shower. The Colonnades has ample amenities with an exercise room, library, theater room, hot tub/sauna, barbecue area and an indoor/outdoor pool with retractable roof. The Colonnades is near local attractions and some of the finest restaurants.

Last Agent to Sell the Property

The Chuck Norwood Team

RE/MAX of Gulf Shores Listed on: 09/12/2019

RE/MAX of Gulf Shores

Last Buyer's Agent

Gloria Crump

Coastal Leaders Realty Group License #74789

Coastal Leaders Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 2006

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 15th floor
  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Slab Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 1,725 Sq Ft Home
  • Wet Bar
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-182.000-935

Community Details

Overview

  • Association fees include management, cable, common area insurance, custodial services, pest control, reserve funds, taxes-common area, trash, water/sewer
  • 2 Elevators
  • The Colonnades Community
  • 20-Story Property

Amenities

  • Meeting Room
  • Community Wi-Fi

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,472

Year Built

Built in 2006

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete, Slab & Piers
  • Construction Status: Resale
  • Property Amenities: Internet, Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-05-21-2-000-182.000-935
  • Year Built: 2006
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 1725
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12 X 12, On Level: Main Level
  • Bedroom 3: Dimensions: 11 X 12, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10 X 12, On Level: Main Level
  • Living Dining: Dimensions: 22 X 16, On Level: Main Level
  • Master Bed: Dimensions: 15 X 12, On Level: Main Level
  • Price Per Sq Ft: 333.33
  • Property Interior Stories: 1
  • Unit Floor: 15
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Direct Gulf View-Primary

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 510
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Custodial Services, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Exercise Room, Fire Sprinkler System, Internet, Landscaping, Meeting Room, Pool - Outdoor
  • Condo Building Stories: 20
  • Condo Complex: The Colonnades

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 3472.26
  • Assessor Parcel Number: 277655

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 8, 2019
Sold by
Smith Cullen H and Beeker Stephen Inge
Bought by
Zaremba Jack Louis and Zaremba Laura Jeanette
Seller's Agent
The Chuck Norwood Team
RE/MAX of Gulf Shores
Buyer's Agent
Gloria Crump
Coastal Leaders Realty Group
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$961,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,075
Avg. Annual Appreciation
8.86%
Original Mortgage
$431,250
Outstanding Balance
$377,019
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$584,056
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
Zaremba Jack Louis $575,000 None Available
Beeker Stephen Inge -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaremba Jack Louis $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $575,000 0.0% $333 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $575,000 -- $333 / 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 $3,018 $91,440 $0 $91,440
2023 $2,847 $86,260 $0 $86,260
2022 $2,448 $74,180 $0 $0
2021 $1,993 $60,380 $0 $0
2020 $3,985 $120,760 $0 $0
2019 $3,985 $120,760 $0 $0
2018 $3,472 $105,220 $0 $0
2017 $3,472 $105,220 $0 $0
2016 $3,302 $100,060 $0 $0
2015 $3,074 $93,160 $0 $0
2014 $2,892 $87,640 $0 $0
2013 -- $83,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Chuck Norwood Team

    Seller's Agent in 2019

    The Chuck Norwood Team

    RE/MAX

    (251) 752-1212

    88 in this area

    194 Total Sales

    The Chuck Norwood Team
    Section Image
  • Gloria Crump

    Buyer's Agent in 2019

    Gloria Crump

    Coastal Leaders Realty Group

    (251) 589-7815

    36 in this area

    141 Total Sales

    Gloria Crump
    Section Image
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About The Colonnades

Map

Source: Baldwin REALTORS®

MLS Number: 288883

Baldwin REALTORS®

APN: 66-05-21-2-000-182.000-935

Alabama Baldwin County Gulf Shores 36542

527 E Beach Blvd Unit 1502, Gulf Shores, AL

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