NOT LISTED FOR SALE

Royal Palms Condominiums 561 E Beach Blvd Unit 1403 Gulf Shores, AL 36542

Estimated Value: $701,744 - $845,000

2 Beds
2.5 Baths
1,384 Sq Ft
1.67 Acres

Last Sold May 14, 2015

Last sale price $419,000 $303 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,657/month

12 Days on Market

Highlights

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

About This Home

As of May 2015

Rare Find! Penthouse w/draw dropping views as far as you can see from the humongous balconies overlooking the gulf & the pristine state owned beaches for miles to the east. Only unit like this in the entire building! 2BR/2BA w/ everyroom having a balcony!

Last Listed By

The Pro Team

Bonds Realty & Auction Listed on: 04/02/2015

Bonds Realty & Auction

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,430

Year Built

  • Built in 2000

Lot Details

  • 1.67

Home Design

  • Penthouse
  • Steel Frame
  • Built-Up Roof
  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Living
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Covered Parking
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 6605211000016000994

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, common area insurance, ground maintenance, pest control, reserve funds, taxes-common area, trash, water/sewer
  • 101 Units
  • Community features wheelchair access

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Fenced around community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,430

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Direct Gulf-Across Rd
  • Parcel Number: 6605211000016000994
  • Year Built: 2000
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Covered Entry, Fitness Center, Fencing, Pool - Indoor, Pool - Outdoor, Wheelchair Accessible
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Fire Sprinkler System
  • Co List Office Phone: 251-948-2400
  • MLS Status: Closed
  • Subdivision Name: Royal Palms
  • Reso Accessibility Features: Wheelchair Accessible Property
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Living Area: 1384
  • Property Attached Yn: Yes
  • Reso Structure Type: Condo, Penthouse
  • Reso Window Features: Window Treatments, Double Pane Windows
  • Financial Info Electric: Total Electric
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
  • Spa Features: Community
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Thermal Doors
  • Flooring: Carpet, Tile
  • Stories: 1
  • Dining Room Features: Lvg/Dng/Ktchn Combo
  • Room Bedroom2 Area: 216
  • Master Bedroom Master Bedroom Width: 11
  • Room Living Room Area: 216
  • Room Kitchen Area: 72
  • Room Master Bedroom Area: 165
  • Room Dining Room Area: 108

Exterior Features

  • Roof: Built-Up
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Gulf Front - Building
  • Home Warranty: No
  • Common Walls: Other-See Remarks
  • Construction Type: Stucco, Block, Solid Masonry, Steel Frame
  • Exterior Features: Balcony
  • Foundation Details: Pilings

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee: 833
  • Association: No
  • Pets Allowed: Allowed

Fee Information

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

Lot Info

  • Zoning Description: Within Corp Limits

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 101
  • Number Of Units Total: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
Hall Sam J and Hall Ruby S
Bought by
Sam Hall And Nan Hall Oath Trust and Hall
Total Days on Market
12
Current Estimated Value
$766,186

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 14, 2015
Sold by
Holk Moore Properties Llc
Bought by
Hall Sam J and Hall Ruby S
Seller's Agent
The Pro Team
Bonds Realty & Auction
Buyer's Agent
Andrew Furr
Keller Williams AGC Realty - Orange Beach
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$335,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Range of Values:

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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
Sam Hall And Nan Hall Oath Trust $268,500 None Listed On Document
Hall Sam J $419,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall Sam J $335,200
Previous Owner Jones Frances Holk $334,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $419,000 0.0% $303 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $419,000 -- $303 / 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 $4,430 $134,240 $0 $134,240
2023 $3,699 $112,100 $0 $112,100
2022 $3,106 $94,120 $0 $0
2021 $2,850 $84,420 $0 $0
2020 $2,850 $84,420 $0 $0
2019 $2,759 $81,660 $0 $0
2018 $2,759 $81,660 $0 $0
2017 $2,512 $74,180 $0 $0
2016 $2,366 $69,760 $0 $0
2015 $2,074 $60,900 $0 $0
2014 -- $55,360 $0 $0
2013 -- $55,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 224438

Baldwin REALTORS®

APN: 66-05-21-1-000-016.000-994