NOT LISTED FOR SALE

Royal Palms Condominiums 561 E Beach Blvd Unit 1208 Gulf Shores, AL 36542

Estimated Value: $613,000 - $668,000

2 Beds
2 Baths
1,150 Sq Ft
$556/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $300,000 $261 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,922/month

63 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Community Indoor Pool
  • Furnished
  • Gulf Shores Elementary School Rated A-
  • Sauna
  • Tile Flooring

About This Home

As of March 2014

This Condo was remodeled in 2013. New Tile Floor, New Kitchen, All New Appliances, Stove, refrigerator, garbage disposal, microwave, washer & dryer and the most quite dishwasher ever. New ceiling fans, hot water heater, all new weather proof sliding glass doors & windows, new furniture, beds, and freshly painted new Roll-Away storm shutter. This is a great condo with super views.

Last Listed By

Robert Jaeger

Young's Suncoast Realty on the Listed on: 12/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1999

Lot Details

  • Property fronts gulf or ocean
  • Property is zoned Pud

Parking

  • Covered Parking

Home Design

  • Block Foundation
  • Metal Roof
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6605211000016000985

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash
  • Royal Palms Community
  • The community has rules related to covenants, conditions, and restrictions
  • 14-Story Property

Recreation

  • Community Spa

Additional Features

  • Sauna
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Pilings
  • Property Amenities: Cable, Ceiling Fan(s), Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Zoning Area: Pud
  • Parcel Id Tax Id: 6605211000016000985
  • Year Built: 1999
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 1150
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10x10
  • Bedrooms: 2
  • Dining Area Type: Lvg/Dng Combo
  • Floors: Tile
  • Kitchen: Dimensions: 7x7
  • Living Dining: Dimensions: 14x14
  • Master Bed: Dimensions: 13x11
  • Price Per Sq Ft: 260.87
  • Property Interior Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Association Fees: 567
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash
  • Community Amenities: Fencing, Pool - Indoor, Pool - Outdoor, Spa/Hot Tub, Steam/Sauna
  • Condo Building Stories: 14
  • Condo Complex: Royal Palms

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Rental Info

  • Furnished: Yes

Tax Info

  • Assessor Parcel Number: 233344

Multi Family

  • Number Units: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2016
Sold by
Phipps Rebecca
Bought by
Phipps Rebecca and Taylor David W
Total Days on Market
63
Current Estimated Value
$638,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Outstanding Balance
$199,183
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$437,855

Purchase Details

Closed on
Jul 1, 2016
Sold by
Phipps Van
Bought by
Phipps Rebecca

Purchase Details

Listed on
Dec 9, 2013
Closed on
Mar 12, 2014
Sold by
Patel Mahendra R and Patel Lisa S
Bought by
Phipps Van and Phipps Rebecca
Seller's Agent
Robert Jaeger
Young's Suncoast Realty on the
Buyer's Agent
The Pro Team
Bonds Realty & Auction
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$240,000
Interest Rate
4.24%
Mortgage Type
New Conventional

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
Phipps Rebecca $385,000 None Available
Phipps Rebecca $500 None Available
Phipps Van $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Rebecca $243,500
Closed Phipps Van $240,000
Previous Owner Patel Mahendra $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Sold $300,000 0.0% $261 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $300,000 -- $261 / 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 $4,134 $125,280 $0 $125,280
2023 $3,419 $103,620 $0 $103,620
2022 $2,860 $86,660 $0 $0
2021 $2,592 $77,240 $0 $0
2020 $2,592 $77,240 $0 $0
2019 $2,518 $74,980 $0 $0
2018 $2,499 $74,420 $0 $0
2017 $2,313 $68,760 $0 $0
2016 $2,127 $63,120 $0 $0
2015 $1,909 $56,520 $0 $0
2014 $764 $24,500 $0 $0
2013 -- $24,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 206522

Baldwin REALTORS®

APN: 66-05-21-1-000-016.000-985