NOT LISTED FOR SALE

The Colonnades 527 E Beach Blvd Unit 1503 Gulf Shores, AL 36542

Estimated Value: $1,010,000 - $1,176,000

4 Beds
4 Baths
2,104 Sq Ft
$531/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $899,000 $427 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,077/month

4 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Walk-In Closet
  • Gulf Shores Elementary School Rated A-
  • Wet Bar
  • Lobby

About This Home

As of June 2021

4 bedroom 4 bath 15th floor West End Corner Unit at The Colonnades with spectacular Gulf Front Views. Bring your bags as this unit is tastefully decorated with every thing needed to move right in. Property is currently on a rental program with Meyer. The complex includes amenities such as a conference room, barbeque area, home theatre system, exercise room, and library. Owner(s) is a licensed Real Estate Agent in Louisiana and Mississippi. Any and all measurements and other information are deemed reliable but not guaranteed and shall be verified by buyer and buyers agent.

Last Agent to Sell the Property

Marc Estes

1156 Realty, LLC Listed on: 05/27/2021

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,513

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Entry on the 15th floor
  • Reinforced Concrete Foundation
  • Slab Foundation

Interior Spaces

  • 2,104 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Parking Lot

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-182.000936
  • $5,589 special tax assessment

Community Details

Overview

  • Association fees include management, common area maintenance, pest control, security, pool
  • 2 Elevators
  • The Colonnades Community
  • The community has rules related to covenants, conditions, and restrictions
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,513

Year Built

Built in 2006

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete, Slab & Piers
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Ceiling Fan(s), Wet Bar
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 5589
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-05-21-2-000-182.000936
  • Year Built: 2006
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 1503 THE COLONNADES IN THE CITY OF GULF SHORES SEC 21-T 9S-R4E (WD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Washer
  • Estimated Living Area: 2104
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12x13, On Level: Main Level
  • Bedroom 3: Dimensions: 11x12, On Level: Main Level
  • Bedroom 4: Dimensions: 11/12, On Level: Main Level
  • Bedrooms: 4
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 10x12, On Level: Main Level
  • Living Dining: Dimensions: 18x14, On Level: Main Level
  • Master Bed: Dimensions: 14x13, On Level: Main Level
  • Price Per Sq Ft: 427.28
  • Property Interior Stories: 1
  • Unit Floor: 15
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Garden Tub, Separate Shower, Walk In Closet, Balcony/Patio, Direct Gulf View-Primary

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Covered Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 620
  • Association Fees Include: Association Management, Common Area Maintenance, Pest Control, Security, Pool
  • Community Amenities: Bbq Area, Common Lobby, Condo 3-Bdrms In Complex, Condo 4-Bdrms In Complex, Exercise Room, Fencing, Fire Sprinkler System
  • Condo Building Stories: 21
  • Condo Complex: The Colonnades

Lot Info

  • Lot Block Unit: 1503
  • Lot Description: Waterfront

Rental Info

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

Tax Info

  • Property Taxes: 4513.08
  • Assessor Parcel Number: 277656

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 30, 2021
Sold by
Hubbard William James and Hubbard Anabel Mir
Bought by
W4 Elite Properties Llc
Seller's Agent
Marc Estes
1156 Realty, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,116,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,465
Avg. Annual Appreciation
5.13%
Original Mortgage
$700,000
Outstanding Balance
$635,141
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$481,324

Purchase Details

Closed on
Jun 10, 2008
Sold by
First Gulf South Inc
Bought by
Hubbard William James and Hubbard Anabel Mir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,000
Interest Rate
6.04%
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
W4 Elite Properties Llc $899,000 Vaughn David
Hubbard William James -- Tga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W4 Elite Properties Llc $700,000
Previous Owner Hubbard William James $538,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $899,000 0.0% $427 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $899,000 -- $427 / 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 $7,360 $223,020 $0 $223,020
2023 $6,943 $210,400 $0 $210,400
2022 $5,971 $180,940 $0 $0
2021 $4,888 $145,180 $0 $0
2020 $4,610 $136,760 $0 $0
2019 $4,610 $136,760 $0 $0
2018 $4,097 $121,200 $0 $0
2017 $3,860 $114,040 $0 $0
2016 $3,846 $113,620 $0 $0
2015 $3,846 $113,620 $0 $0
2014 $3,596 $106,040 $0 $0
2013 -- $106,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marc Estes

    1156 Realty, LLC

    (251) 979-6459

    1 in this area

    42 Total Sales

    Marc Estes
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member Office

See All Agents

About The Colonnades

Map

Source: Baldwin REALTORS®

MLS Number: 314710

Baldwin REALTORS®

APN: 66-05-21-2-000-182.000-936

Alabama Baldwin County Gulf Shores 36542

527 E Beach Blvd Unit 1503, Gulf Shores, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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