NOT LISTED FOR SALE

The Colonnades 527 E Beach Blvd Unit 1703 Gulf Shores, AL 36542

Estimated Value: $941,000 - $1,176,000

4 Beds
4 Baths
2,104 Sq Ft
$518/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $1,125,000 $535 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,059/month

91 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Clubhouse
  • Gulf Shores Elementary School Rated A-
  • Lagoon View
  • Community Indoor Pool

About This Home

As of October 2022

The Colonnades is one of the most luxurious condo complexes along the Alabama Gulf Coast. Panoramic views of the Gulf of Mexico and the Lagoon. A unique amenity is an owner's only lounge that includes library, fireplace and theater room. This WEST END CORNER UNIT "lives" BIG! What a perfect place to watch the beautiful sunsets over Gulf Shores! In addition, this balcony offers an outside living space that is accessible from the main living area and the master bedroom. Other bedrooms offer private balconies with expansive views! You will find granite counter tops and stainless steel appliances in the Kitchen. Tile flooring in common areas. Convenient location - close to boutiques, restaurants, State Park fishing pier, grocery stores, and more.

Last Agent to Sell the Property

The Chuck Norwood Team

RE/MAX of Gulf Shores Listed on: 07/13/2022

RE/MAX of Gulf Shores

Last Buyer's Agent

Brandon Box

Sands of Alabama Vacation Rent

Sands of Alabama Vacation Rent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 2006

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $745 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 17th floor
  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 2,104 Sq Ft Home
  • Wet Bar
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-182.000942

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, recreational facilities, taxes-common area, trash, water/sewer
  • 2 Elevators
  • The Colonnades Community
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Meeting Room
  • Lobby

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,791

Year Built

Built in 2006

Lot Details

0

HOA Fees

$745 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Ceiling Fan(s), Covered Patio, En-Suite, Patio, Storage-In, Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front, Direct Lagoon-Across Rd
  • Parcel Id Tax Id: 66-05-21-2-000-182.000942
  • Year Built: 2006
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 1703 THE COLONNADES IN THE CITY OF GULF SHORES SEC 21-T 9S-R4E (WD-SURVIVORSHIP)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator
  • Estimated Living Area: 2104
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 11x12, On Level: Main Level
  • Bedroom 3: Dimensions: 12x13, On Level: Main Level
  • Bedroom 4: Dimensions: 10x14, On Level: Main Level
  • Bedrooms: 4
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 15x16, On Level: Main Level
  • Living Dining: Dimensions: 14x14, On Level: Main Level
  • Master Bed: Dimensions: 16x13, On Level: Main Level
  • Price Per Sq Ft: 534.7
  • Property Interior Stories: 1
  • Unit Floor: 17
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 745
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Club House, Common Lobby, Covered Entry, Exercise Room, Fire Sprinkler System, Pool - Indoor, Landscaping, Meeting Room, Pool - Outdoor, Spa/Hot Tub, Steam/Sauna
  • Condo Building Stories: 21
  • Condo Complex: The Colonnades

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 1703
  • Lot Description: Less Than 1 Acre

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 4790.94
  • Assessor Parcel Number: 277662

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 21, 2022
Sold by
Oakes Gregory W and Oakes Suzanne M
Bought by
Swafford Ronald H
Seller's Agent
The Chuck Norwood Team
RE/MAX of Gulf Shores
Buyer's Agent
Brandon Box
Sands of Alabama Vacation Rent
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Views
59
Current Estimated Value
$1,089,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,809
Avg. Annual Appreciation
-1.07%

Purchase Details

Closed on
Aug 9, 2006
Sold by
Jcl Investments Llc
Bought by
Freeman Joyce and Freeman Ernest W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
7.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Swafford Ronald H $1,125,000 --
Freeman Joyce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Joyce $639,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $1,125,000 -5.9% $535 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $1,195,000 -4.4% $568 / Sq Ft
07/13/2022 07/13/22 For Sale $1,250,000 -- $594 / 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 $2,257 $68,380 $0 $0
2019 $2,257 $68,380 $0 $0
2018 $2,000 $60,600 $0 $0
2017 $1,882 $57,020 $0 $0
2016 $1,875 $56,820 $0 $0
2015 $1,875 $56,820 $0 $0
2014 $1,750 $53,020 $0 $0
2013 -- $53,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Chuck Norwood Team

    Seller's Agent in 2022

    The Chuck Norwood Team

    RE/MAX

    (251) 752-1212

    88 in this area

    194 Total Sales

    The Chuck Norwood Team
    Section Image
  • Brandon Box

    Buyer's Agent in 2022

    Brandon Box

    Sands of Alabama Vacation Rent

    (786) 548-2724

    3 in this area

    33 Total Sales

    Brandon Box
    Section Image
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About The Colonnades

Map

Source: Baldwin REALTORS®

MLS Number: 333728

Baldwin REALTORS®

APN: 66-05-21-2-000-182.000-942

Alabama Baldwin County Gulf Shores 36542

527 E Beach Blvd Unit 1703, Gulf Shores, AL

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