NOT LISTED FOR SALE

Royal Palms Condominiums 561 E Beach Blvd Unit 1202 Gulf Shores, AL 36542

Estimated Value: $503,000 - $595,000

1 Bed
2 Baths
676 Sq Ft
1.67 Acres

Last Sold July 07, 2014

Last sale price $220,000 $325 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,351/month

28 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • Community Indoor Pool
  • Gulf Shores Elementary School Rated A-
  • Fitness Center
  • Combination Kitchen and Living

About This Home

As of July 2014

Best location on the Beach in Gulf Shores. Fabulous Gulf Front Condo located next to Gulf State Park and Gulf State Fishing Pier. Unobstructed views to the East and West with large balcony. Great Amentities! The complex features an Indoor and Outdoor Pool, Hot Tub, Fitness Center and a Shower/Rinse Area at the Boardwalk to the Beach.

Last Listed By

Ricky Carruth

eXp Realty, LLC Gulf Shores Br Listed on: 06/09/2014

eXp Realty, LLC Gulf Shores Br

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 2000

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

Parking

  • Parking Lot

Property Views

Home Design

  • Metal Roof
  • Masonry
  • Stucco

Interior Spaces

  • 676 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Living
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean To Bay

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1202 / 1202

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, common area insurance, ground maintenance, pest control, recreational facilities, reserve funds, trash, water/sewer

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,569

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Direct Gulf-Across Rd, Pool Area View
  • Year Built: 2000
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Covered Entry, Fitness Center, Pool - Indoor, Landscaping, Pool - Outdoor
  • Water Body Name: Gulf of Mexico
  • Co List Office Phone: 251-981-2400
  • MLS Status: Closed
  • Subdivision Name: Royal Palms
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s), Storage
  • Unit Levels: One
  • Living Area: 676
  • Property Attached Yn: Yes
  • Reso Structure Type: Condo
  • Reso Window Features: Window Treatments
  • Financial Info Electric: Total Electric
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Stories: 1
  • Dining Room Features: Lvg/Dng/Ktchn Combo
  • Master Bedroom Master Bedroom Width: 12
  • Room Living Room Area: 196
  • Room Kitchen Area: 48
  • Room Master Bedroom Area: 120

Exterior Features

  • Roof: Metal
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Beach Accs (Wlk <=1/4 Mi), Beach Side - Building, Gulf Accs (Wlk <=1/4 Mi), Gulf Front - Building
  • Home Warranty: No
  • Construction Type: Stucco, Solid Masonry

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Electric (Cool), Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 360
  • Association: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Trash, Water/Sewer

Lot Info

  • Zoning Description: PUD

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Block: 1202
  • Tax Lot: 1202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2019
Sold by
Reynolds Craig and Reynolds Lori
Bought by
Gulf Coast Property Group Llc
Total Days on Market
28
Current Estimated Value
$545,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,610
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 3, 2014
Sold by
Bellew Gloria J and Bellew Lawrence E
Bought by
Reynolds Craig and Reynolds Lori
Seller's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
Buyer's Agent
Matthew Mogan
RE/MAX of Gulf Shores
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

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
Gulf Coast Property Group Llc $299,999 None Available
Reynolds Craig $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gulf Coast Property Group Llc $227,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Sold $220,000 0.0% $325 / Sq Ft
06/09/2014 06/09/14 For Sale $220,000 -- $325 / 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 $3,569 $108,160 $0 $108,160
2023 $2,855 $86,520 $0 $86,520
2022 $2,320 $70,300 $0 $0
2021 $2,128 $63,540 $0 $0
2020 $2,016 $60,160 $0 $0
2019 $1,994 $59,480 $0 $0
2018 $1,816 $54,080 $0 $0
2017 $1,771 $52,720 $0 $0
2016 $1,673 $49,760 $0 $0
2015 $1,414 $41,920 $0 $0
2014 $1,258 $37,180 $0 $0
2013 -- $35,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 213473

Baldwin REALTORS®

APN: 66-05-21-1-000-016.000-979