$353,000
SOLD SEP 15, 2015

Royal Palms Condominiums 561 E Beach Blvd Unit 1405 Gulf Shores, AL 36542

2 Beds
2 Baths
973 Sq Ft
1.67 Acres

Recently Sold

$363 Per Sq Ft

22 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Community Indoor Pool
  • Gulf Shores Elementary School Rated A-
  • Sauna
  • High Ceiling

About This Home

As of May 2024

Beautiful top floor (Penthouse level) 2BR/2BA with incredible views and large patio. Indoor & outdoor pools; next to State Park beach and Pier; covered entry and parking; outstanding amenities. Nicely furnished with tile flooring throughout, 9' ceilings, granite counter top. Great rental unit .All measurements are approximate; buyer or buyer's agent to verify any specific measurements important to them.

Last Agent to Sell the Property

Joe Sankey

RE/MAX of Gulf Shores License #56146 Listed on: 08/24/2015

Last Buyer's Agent

Kathy Jumper-Drago

eXp Realty Southern Branch License #100016

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 2000

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Property is zoned Within Corp Limits

Home Design

  • Metal Roof
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 973 Sq Ft Home
  • Furnished
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Sauna
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6605211000016000996

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,175

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Property Amenities: Cable, Ceiling Fan(s), High Ceilings, Sauna/Steam Shower
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front, Direct Gulf-Across Rd
  • Zoning Area: Within Corp Limits
  • Parcel Id Tax Id: 6605211000016000996
  • Year Built: 2000
  • 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, Stack Washer/Dryer, Washer
  • Estimated Living Area: 973
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x11
  • Bedrooms: 2
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: X11
  • Living Dining: Dimensions: 11x26
  • Master Bed: Dimensions: 14x11
  • Price Per Sq Ft: 362.8
  • 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, Condo: Lot Parking

Utilities

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

Condo/Co-op/Association

  • Association Fees: 551
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash
  • Community Amenities: Bbq Area, Covered Entry, Exercise Room, Pool - Indoor, Landscaping, Pool - Outdoor, Spa/Hot Tub
  • Condo Building Stories: 14
  • Condo Complex: Royal Palms

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Thermal Doors

Rental Info

  • Furnished: Yes

Tax Info

  • Assessor Parcel Number: 233355

Multi Family

  • Number Units: 101

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%
Views
38
Current Estimated Value
$642,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,298
Avg. Annual Appreciation
6.75%

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
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 $590,500 Professional Land Title
Warranty Deed $353,000 Ct
Warranty Deed -- Ct
Warranty Deed -- Attorneys Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,050 Future Advance Clause Open End Mortgage
Previous Owner $295,600 Unknown
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

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 $4,175 $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

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Map

Source: Baldwin REALTORS®

MLS Number: 229909

Baldwin REALTORS®

APN: 66-05-21-1-000-016.000-996