NOT LISTED FOR SALE

545 Plantation Rd Unit 1A/B Gulf Shores, AL 36542

Fort Morgan Neighborhood

Estimated Value: $718,000 - $1,171,995

4 Beds
6 Baths
2,800 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $389,000 $139 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $5,593/month

169 Days on Market

Highlights

  • Beachside
  • Bay View
  • Furnished
  • Gated with Attendant
  • Community Indoor Pool
  • Tennis Courts

About This Home

As of April 2017

Fabulous opportunity to own both sides of 'Summer Palace', a duplex condo in Gulf Shores Plantation in Fort Morgan. Rent out one side & live in the other or use both as income producing rentals. This is a rare find with its interior connecting doors between the living rooms of both units for use of the entire home for large gatherings. Each side has 2 bedrooms & 2 1/2 bathrooms & is fully furnished. Plank, wood-look flooring on the first floors of both units, carpet & tile on the second floor. A total of 8 private balconies with nice views ranging from low dunes to indirect views of the Gulf of Mexico. Large locking storage capacity under the home with plenty of parking for guests. Seller currently pays $4306.78 yr insurance. No flood insurance required. Rental income with some family use was $38k gross for 2016 with potential for approximately $50k a year by projections. Plantation Association dues include phone, cable, internet, yard service, maintenance for grounds.

Last Agent to Sell the Property

Teresa King

RE/MAX of Orange Beach Listed on: 09/30/2016

RE/MAX of Orange Beach

Last Buyer's Agent

Chris Allred

Luna Beach Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1997

Lot Details

  • Beachside
  • Landscaped
  • Property is zoned Pud

Parking

  • Covered Parking

Property Views

  • Bay
  • Gulf

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6809290000003027

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, reserve funds, security, taxes-common area, telephone, trash
  • Gulf Shores Plantation Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Indoor Pool
  • Community Spa
  • Children's Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Property Amenities: Ceiling Fan(s), Storage-Out, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Indirect Bay Side, Indirect Gulf Side
  • Zoning Area: Pud
  • Parcel Id Tax Id: 6809290000003027
  • Year Built: 1997
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 2800
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 14x11, On Level: 2
  • Bedrooms: 4
  • Dining Area Type: Lvg/Dng Combo
  • Floors: Carpet, Tile, Vinyl
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 12x10, On Level: Main Level
  • Living Room: Dimensions: 29x12, On Level: Main Level
  • Master Bed: Dimensions: 17x12, On Level: 2
  • Price Per Sq Ft: 138.93
  • Property Interior Stories: 2

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Composition Shingle
  • Water Property Type: Beach Side - Building

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Satellite, Sewage-City, Water-City

Condo/Co-op/Association

  • Association Fees: 546
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Telephone, Trash
  • Community Amenities: Bbq Area, Guard At Gate, Pool - Indoor, Pool - Kiddie, Landscaping, On-Site Management, Pool - Outdoor, Spa/Hot Tub, Tennis/Racquetball, Gated
  • Condo Building Stories: 2
  • Condo Complex: Gulf Shores Plantation

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows

Lot Info

  • Lot Block Unit: Lot 1
  • Lot Size: 50' X 92.6' IRR
  • Number Lots: 1

Rental Info

  • Furnished: Yes

Tax Info

  • Assessor Parcel Number: 113692

Multi Family

  • Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Apr 26, 2017
Sold by
Hale Trevor and Hale Verna Cook
Bought by
Busken Daniel J
Seller's Agent
Teresa King
RE/MAX of Orange Beach
Buyer's Agent
Chris Allred
Luna Beach Properties, LLC
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$986,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,749
Avg. Annual Appreciation
7.95%
Original Mortgage
$272,300
Outstanding Balance
$230,312
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$506,513

Purchase Details

Closed on
Nov 22, 2010
Sold by
Regions Bank
Bought by
Hale Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 2010
Sold by
Uhl Judith A
Bought by
Regions Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Busken Daniel J -- None Available
Hale Trevor -- None Available
Regions Bank $262,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busken Daniel J $272,300
Previous Owner Hale Trevor $228,000
Previous Owner Uhl Judith A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $389,000 0.0% $139 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $389,000 -- $139 / 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 $2,602 $92,920 $11,140 $81,780
2023 $2,022 $72,200 $0 $72,200
2022 $1,492 $53,300 $0 $0
2021 $1,271 $45,380 $0 $0
2020 $1,184 $42,300 $0 $0
2019 $1,117 $39,880 $0 $0
2018 $1,059 $37,820 $0 $0
2017 $2,176 $75,640 $0 $0
2016 $2,079 $72,200 $0 $0
2015 $1,983 $68,760 $0 $0
2014 $1,826 $64,820 $0 $0
2013 -- $54,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa King

    Seller's Agent in 2017

    Teresa King

    RE/MAX

    (251) 554-2661

    7 in this area

    76 Total Sales

    Teresa King
    Section Image

  • C

    Buyer's Agent in 2017

    Chris Allred

    Luna Beach Properties, LLC

    (251) 978-3228

    6 in this area

    31 Total Sales

    Chris Allred
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 244991

Baldwin REALTORS®

APN: 68-09-29-0-000-003.027

Alabama Baldwin County Gulf Shores 36542 Fort Morgan

545 Plantation Rd Unit 1A/B, Gulf Shores, AL

This home is located at 545 Plantation Rd Unit 1A/B, Gulf Shores, AL 36542 since 30 September 2016 and is currently estimated at $986,749, approximately $352 per square foot. This property was built in 1997. 545 Plantation Rd Unit 1A/B is a home located in Baldwin County with nearby schools including Foley Elementary School, Foley Middle School, and Foley High School.

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.

Nearby Homes