$271,500
SOLD APR 22, 2016

Royal Palms Condominiums 561 E Beach Blvd Unit 1302 Gulf Shores, AL 36542

1 Bed
2 Baths
676 Sq Ft
1.67 Acres

Recently Sold

$402 Per Sq Ft

89 Days on Market

Highlights

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

About This Home

As of October 2020

Penthouse level direct Gulf front one bedroom, two full bathroom unit! This is a great rental unit with repeat guests coming back consistently. Beautiful Baker entertainment center and extra bunks in the hall accommodate up to 6 people comfortably. Complex sits right next to the State park which makes for great privacy and unobstructed views down the beach. Don't miss this great investment or second home!

Last Agent to Sell the Property

Brandon Hubbard

Brett R/E Robinson Dev OB Listed on: 12/25/2015

Last Buyer's Agent

Brad Lynn

eXp Realty Southern Branch License #69298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 2000

Lot Details

  • Property fronts gulf or ocean
  • Property is zoned Pud

Home Design

  • Stucco Exterior
  • Masonry

Interior Spaces

  • 676 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6605211000016000987

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, reserve funds
  • Royal Palms Community
  • 14-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,569

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry
  • Property Amenities: Bunk Alcove, Cable, Ceiling Fan(s)
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Zoning Area: Pud
  • Parcel Id Tax Id: 6605211000016000987
  • Year Built: 2000
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator
  • Estimated Living Area: 676
  • Bathrooms: 2
  • Bedrooms: 1
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Floors: Tile
  • Kitchen: Dimensions: 6x8
  • Living Dining: Dimensions: 14x14
  • Master Bed: Dimensions: 12x10
  • Price Per Sq Ft: 401.63
  • 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, Water-City

Condo/Co-op/Association

  • Association Fees: 407
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Reserve Funds
  • Community Amenities: Bbq Area, 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: 233346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Oct 16, 2020
Sold by
Gibb & Gibb Lp
Bought by
French Eric R and French Gwen B
Seller's Agent
Brandon Gibbs
Vacasa Alabama LLC
Buyer's Agent
Coleman Grau
RE/MAX Paradise
List Price
$359,000
Sold Price
$346,000
Premium/Discount to List
-$13,000
-3.62%
Current Estimated Value
$544,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,865
Avg. Annual Appreciation
9.97%
Original Mortgage
$306,000
Outstanding Balance
$274,770
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$270,095

Purchase Details

Listed on
Dec 25, 2015
Closed on
Apr 21, 2016
Sold by
Gibson Joseph Albert and Gibson Carol J
Bought by
Gibbs & Gibbs Lp
Seller's Agent
Brandon Hubbard
Brett R/E Robinson Dev OB
Buyer's Agent
Brad Lynn
eXp Realty Southern Branch
List Price
$271,500
Sold Price
$271,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $346,000 None Available
Warranty Deed $271,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $346,000 -3.6% $512 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $359,000 +32.2% $531 / Sq Ft
04/22/2016 04/22/16 Sold $271,500 0.0% $402 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
12/25/2015 12/25/15 For Sale $271,500 -- $402 / 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: 233966

Baldwin REALTORS®

APN: 66-05-21-1-000-016.000-987