NOT LISTED FOR SALE

The Colonnades 527 E Beach Blvd Unit 2101 Gulf Shores, AL 36542

Estimated Value: $1,189,000 - $1,722,000

4 Beds
4.5 Baths
2,888 Sq Ft
$481/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,060,000 $367 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,894/month

382 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fireplace in Primary Bedroom
  • Furnished
  • Gulf Shores Elementary School Rated A-
  • High Ceiling
  • Community Pool

About This Home

As of July 2020

Presenting the most speculator, one of a kind view from the Penthouse at Colonnades-it is absolutely stunning! Look east for stretches of unobscured ,spectacular views of the beach, coastline and Gulf State Park. The calming coastal decor is brand new with faux driftwood luxury flooring, upscale drapery, fresh paint throughout, pleasing artwork and many new applications. A generous balcony on the gulf side with fantastic outdoor furniture and north balcony are just perfect for capturing the endless views. Two fireplaces, one in the living area and one in the master bedroom add true ambiance as do the architectural columns unique to The Colonnades. The space is open with a wet bar and tile floors and is open to the kitchen with stainless alliances, and beautiful granite counters. Experience life on the beach in perfection in the penthouse at The Colonnades.

Last Agent to Sell the Property

Sandy Davenport

Kaiser Sotheby's Int-GS Listed on: 04/01/2019

Kaiser Sotheby's Int-GS

Last Buyer's Agent

David Henry

Coldwell Banker Coastal Realty

Coldwell Banker Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 2006

Lot Details

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 2,888 Sq Ft Home
  • Wet Bar
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Living Room
  • Termite Clearance

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 277672
  • $4,000 special tax assessment

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, taxes-common area, trash, water/sewer
  • 2 Elevators
  • The Colonnades Community
  • The community has rules related to covenants, conditions, and restrictions
  • 21-Story Property

Amenities

  • Meeting Room

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,956

Year Built

Built in 2006

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), High Ceilings, Termite Contract, Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 4000
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 277672
  • Year Built: 2006
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 2888
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedroom 3: Dimensions: 11x12, On Level: Main Level
  • Bedroom 4: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 4
  • Dining Area: Dimensions: 11x12, On Level: Main Level
  • Elevators: 2
  • Floors: Tile, Laminate
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 16x9, On Level: Main Level
  • Living Room: Dimensions: 16x15, On Level: Main Level
  • Master Bed: Dimensions: 18x14, On Level: Main Level
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 367.04
  • Property Interior Stories: 1
  • Unit Floor: 21
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Separate Shower, Fireplace, Walk In Closet, Balcony/Patio, Private Water Closet, Direct Gulf View-Primary

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 850
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Meeting Room, Pool - Outdoor
  • Condo Building Stories: 21
  • Condo Complex: The Colonnades

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Gulf Shores Elementary
  • Middle School: Gulf Shores Middle
  • High School: Gulf Shores High

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 4955.94
  • Assessor Parcel Number: 277672

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jul 31, 2020
Sold by
Musial Thomas G and Thomas G Musial Living Trust
Bought by
Twiggs Mariela and Mariela Twiggs Family Trust
Seller's Agent
Sandy Davenport
Kaiser Sotheby's Int-GS
Buyer's Agent
David Henry
Coldwell Banker Coastal Realty
List Price
$1,250,000
Sold Price
$1,060,000
Premium/Discount to List
-$190,000
-15.2%
Current Estimated Value
$1,390,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,370
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Feb 1, 2011
Sold by
Musial Thomas G
Bought by
Musial Thomas G

Purchase Details

Closed on
Mar 29, 2007
Sold by
Larkin M Kenneth and Larkin Patricia S
Bought by
Musial Thomas G
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
Twiggs Mariela -- Professional Land Title Inc
Musial Thomas G -- Plt
Musial Thomas G -- Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larkin M Kenneth $529,237
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,060,000 -13.8% $367 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
07/31/2019 07/31/19 Price Changed $1,230,000 -1.6% $426 / Sq Ft
04/01/2019 04/01/19 For Sale $1,250,000 -- $433 / 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 $4,384 $132,860 $0 $132,860
2023 $8,292 $251,260 $0 $251,260
2022 $7,148 $216,600 $0 $0
2021 $6,995 $207,940 $0 $0
2020 $6,233 $184,840 $0 $0
2019 $6,233 $184,840 $0 $0
2018 $5,661 $167,500 $0 $0
2017 $5,089 $150,180 $0 $0
2016 $4,937 $145,560 $0 $0
2015 $4,937 $145,560 $0 $0
2014 $4,937 $145,560 $0 $0
2013 -- $145,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 281939

Baldwin REALTORS®

APN: 66-05-21-2-000-182.000-952