Royal Palms Condominiums 561 E Beach Blvd Unit 1405 Gulf Shores, AL 36542
Estimated Value: $624,000 - $711,000
2
Beds
2
Baths
1,000
Sq Ft
$650/Sq Ft
Est. Value
Highlights
- Property fronts gulf or ocean
- High Ceiling
- Community Pool
- Gulf Shores Elementary School Rated A-
- Furnished
- Tile Flooring
About This Home
As of May 2024Introducing Royal Palms 1405, a stunning 2-bedroom condo in Gulf Shores, Alabama, that epitomizes beachside living. This property has been beautifully maintained, offering a picture-perfect retreat with breathtaking views and an array of amenities. The view from Royal Palms 1405 is nothing short of spectacular. Imagine sipping coffee on the spacious balcony while watching dolphins play in the waves. The condo's king bed and well-appointed furnishings ensure a comfortable stay. Royal Palms is known for its excellent Homeowner's Association, which maintains the property to high standards. The building's proximity to an undeveloped white sandy beach adds to its appeal, providing a serene setting for long walks and relaxation. Amenities at Royal Palms include outdoor and indoor pools, a hot tub, BBQ area, fitness room, sauna/steam room, and owner community space. The building's location is ideal, with easy access to the Gulf State Park, fishing pier, restaurants, and the Hugh Branyon Backcountry Trail system. As a rental property, Royal Palms 1405 has a proven track record of success. Its prime location and excellent amenities make it a highly sought-after condo complex.Don't miss the opportunity to own this beautiful Gulf Shores gem. Schedule an appointment today to experience the beauty and convenience of Royal Palms 1405.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,686
Year Built
- Built in 1998
Lot Details
- Property fronts gulf or ocean
- Landscaped
- Property is zoned Pud
HOA Fees
- $644 Monthly HOA Fees
Home Design
- Block Foundation
- Steel Frame
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Furnished
- High Ceiling
- ENERGY STAR Qualified Ceiling Fan
- Ceiling Fan
- Combination Dining and Living Room
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Parking
- Covered Parking
- Parking Lot
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 66-05-21-1-000-016.000996
Community Details
Overview
- Association fees include management, cable, common area insurance, common area maintenance, custodial services, pest control, reserve funds, security, taxes-common area, water/sewer
- 2 Elevators
- Royal Palms Community
Recreation
Security
- Fenced around community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2024
Closed on
May 16, 2024
Sold by
Sun Surf And Relaxation Llc
Bought by
Abx2 Llc
Seller's Agent
Scott Myrick
RE/MAX of Orange Beach
Buyer's Agent
Wendy Hoffman
Real Broker, LLC
List Price
$639,000
Sold Price
$590,002
Premium/Discount to List
-$48,998
-7.67%
Total Days on Market
71
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,497
Avg. Annual Appreciation
10.04%
Purchase Details
Listed on
Aug 24, 2015
Closed on
Sep 15, 2015
Sold by
Aab Inherited Properties Llc
Bought by
Sun Surf & Relaxation Llc
Seller's Agent
Joe Sankey
RE/MAX of Gulf Shores
Buyer's Agent
Kathy Jumper-Drago
eXp Realty Southern Branch
List Price
$353,000
Sold Price
$353,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$300,050
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 3, 2010
Sold by
Taylor Dorothy E
Bought by
Aab Inherited Properties Llc
Purchase Details
Closed on
Jan 14, 2005
Sold by
Higdon Danny R
Bought by
Taylor James M and Taylor Dorothy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,600
Interest Rate
5.69%
Mortgage Type
Unknown
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Similar Homes in Gulf Shores, AL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abx2 Llc | $590,500 | Professional Land Title | |
| Sun Surf & Relaxation Llc | $353,000 | Ct | |
| Aab Inherited Properties Llc | -- | Ct | |
| Taylor James M | -- | Attorneys Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sun Surf & Relaxation Llc | $300,050 | |
| Previous Owner | Taylor James M | $295,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $590,002 | -3.3% | $590 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
| 04/20/2024 04/20/24 | Price Changed | $610,000 | -1.6% | $610 / Sq Ft |
| 03/26/2024 03/26/24 | Price Changed | $620,000 | -1.4% | $620 / Sq Ft |
| 03/14/2024 03/14/24 | Price Changed | $629,000 | -1.6% | $629 / Sq Ft |
| 02/28/2024 02/28/24 | For Sale | $639,000 | +81.0% | $639 / Sq Ft |
| 09/15/2015 09/15/15 | Sold | $353,000 | 0.0% | $363 / Sq Ft |
| 08/24/2015 08/24/15 | For Sale | $353,000 | -- | $363 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $4,175 | $126,500 | $0 | $126,500 |
| 2023 | $3,701 | $107,040 | $0 | $107,040 |
| 2022 | $2,954 | $89,520 | $0 | $0 |
| 2021 | $2,678 | $79,780 | $0 | $0 |
| 2020 | $2,678 | $79,780 | $0 | $0 |
| 2019 | $2,601 | $77,460 | $0 | $0 |
| 2018 | $2,550 | $75,900 | $0 | $0 |
| 2017 | $2,318 | $68,880 | $0 | $0 |
| 2016 | $2,177 | $64,600 | $0 | $0 |
| 2015 | $1,868 | $56,620 | $0 | $0 |
| 2014 | $1,715 | $50,600 | $0 | $0 |
| 2013 | -- | $50,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Myrick
Seller's Agent in 2024
Scott Myrick
RE/MAX
(251) 269-3114
126 Total Sales
-
Wendy Hoffman
Buyer's Agent in 2024
Wendy Hoffman
Real Broker, LLC
(334) 596-7055
31 Total Sales
-
J
Seller's Agent in 2015
Joe Sankey
RE/MAX of Gulf Shores
-
K
Buyer's Agent in 2015
Kathy Jumper-Drago
eXp Realty Southern Branch
(251) 591-0431
About Royal Palms Condominiums
Map
Source: Baldwin REALTORS®
MLS Number: 358458
APN: 66-05-21-1-000-016.000-996
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