NOT LISTED FOR SALE

The Colonnades 527 E Beach Blvd Unit 1801 Gulf Shores, AL 36542

Estimated Value: $1,106,597 - $1,231,000

4 Beds
4 Baths
2,100 Sq Ft
$560/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $550,000 $262 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,105/month

55 Days on Market

Highlights

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

About This Home

As of March 2014

Ever thought about owning an eye popping east corner condominium in heart of Gulf Shores with a one of a kind view? This one will make your knees buckle. It has everything you have fantasized about in one place. The perspective offered from high atop The Colonnades is so beautiful you'll feel inspired. Must see!

Last Agent to Sell the Property

Scott Myrick

RE/MAX of Orange Beach Listed on: 01/05/2014

RE/MAX of Orange Beach

Last Buyer's Agent

Brad Lynn

eXp Realty Southern Branch License #69298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 2006

Lot Details

  • Landscaped
  • Sprinkler System
  • Property is zoned Pud

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,100 Sq Ft Home
  • Furnished
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Game Room
  • Meeting Room

Recreation

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,360

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Other Foundation-See Rm
  • Property Amenities: Cable, Ceiling Fan(s), High Ceilings
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Zoning Area: Pud
  • Year Built: 2006
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 2100
  • Balcony Size: Big
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12x11
  • Bedroom 3: Dimensions: 11x12
  • Bedroom 4: Dimensions: 11x12
  • Bedrooms: 4
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 2
  • Floors: Carpet, Tile
  • Living Dining: Dimensions: 18x14
  • Living Room: Dimensions: 14x13
  • Master Bed: Dimensions: 14x13
  • Price Per Sq Ft: 261.9
  • Property Interior Stories: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fees: 620
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Custodial Services, Pest Control, Reserve Funds, Security, Taxes-Common Area, Water/Sewer
  • Community Amenities: Club House, Covered Entry, Exercise Room, Fencing, Fire Sprinkler System, Game Room, Pool - Indoor, Landscaping, Meeting Room, Pool - Outdoor, Pets - Allowed
  • Condo Building Stories: 22
  • Condo Complex: The Colonnades

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Rental Info

  • Furnished: Yes

Tax Info

  • Assessor Parcel Number: 277663

Multi Family

  • Number Units: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2014
Closed on
Apr 2, 2014
Sold by
Cook Nancy E
Bought by
Hook Michael R and Hook Nancy E
Seller's Agent
Scott Myrick
RE/MAX of Orange Beach
Buyer's Agent
Brad Lynn
eXp Realty Southern Branch
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$1,175,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,649
Avg. Annual Appreciation
7.37%
Original Mortgage
$383,250
Outstanding Balance
$296,601
Interest Rate
4.36%
Mortgage Type
Unknown
Estimated Equity
$931,374

Purchase Details

Listed on
Jan 5, 2014
Closed on
Mar 27, 2014
Sold by
Richardson Daniel Glenn
Bought by
Hook Nancy E
Seller's Agent
Scott Myrick
RE/MAX of Orange Beach
Buyer's Agent
Brad Lynn
eXp Realty Southern Branch
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,250
Outstanding Balance
$296,601
Interest Rate
4.36%
Mortgage Type
Unknown
Estimated Equity
$931,374

Purchase Details

Closed on
Aug 13, 2009
Sold by
Condon Deb
Bought by
Richardson Daniel Glenn

Purchase Details

Closed on
Sep 15, 2006
Sold by
Freeman Ernest W and Freeman Joyce E
Bought by
Oakes Gregory W and Oakes Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.62%
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
Hook Michael R $500 Clear Title
Hook Nancy E $547,750 Fidelity Natl Title Ins Co
Richardson Daniel Glenn -- None Available
Oakes Gregory W -- Btg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hook Nancy E $383,250
Previous Owner Oakes Gregory W $680,000
Previous Owner Fowler Philip W $817,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $550,000 0.0% $262 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
01/05/2014 01/05/14 For Sale $550,000 -- $262 / 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 $4,791 $145,180 $0 $0
2020 $4,610 $136,760 $0 $0
2019 $4,610 $136,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 207011

Baldwin REALTORS®

APN: 66-05-21-2-000-182.000-943