5781 State Highway 180 Unit 5008 Gulf Shores, AL 36542
Fort Morgan Neighborhood
3
Beds
2
Baths
1,290
Sq Ft
$550/mo
HOA Fee
Highlights
- Clubhouse
- Screened Porch
- Landscaped
- Wood Flooring
- Community Pool
- Combination Dining and Living Room
About This Home
As of December 2024This 3 Bedroom/ 2 Bath unit at The Rookery III is rent ready with an established rental history and includes a Golf Cart for your use! This unit is managed by the Owner and generated approximately $40k in 2021, $39k in 2022, $31,500 in 2023, and $24,400 on the books in 2024. The last couple of years the unit has only been rented from May through August. The remainder of the year has been used by the owner. Unit 5008 is located a short 2 minute drive or 10 minute walk to the beach and offers plenty of space for your family! The Kitchen is equipped with stainless steel appliances, granite countertops, and cookware/ utensils. The Living Room offers a sofa, loveseat, chair w/ ottoman, Smart TV, and porch access. The screened in porch has a table and chairs. The Primary Suite offers King Bedding and private bath with tub/ shower combo and linen closet. Guest Bedroom 1 offers two built-in Twin/Twin bunks with reading lights and power outlets. Guest Bedroom 2 offers Queen Bedding and a Twin/Full bunk bed. Both bedrooms have Smart TV's and share a bathroom, which offers a standing shower. This unit also offers a full size washer/ dryer. The Rookery III offers 2 swimming pools, one of which is zero entry, a kiddie pool, and a clubhouse. Owners are allowed to have golf carts, or low speed vehicles, onsite for beach and pool access. The Rookery III is also pet friendly to owners and tenants! Each unit also has 2 parking spaces. Buyer to verify all information during due diligence.
Last Agent to Sell the Property
Luna Beach Properties, LLC Brokerage Phone: 251-948-2645 Listed on: 06/04/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,023
Year Built
- Built in 2014
Lot Details
- Landscaped
HOA Fees
- $550 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Wood Frame Construction
- Metal Roof
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 1,290 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Screened Porch
- Wood Flooring
- Termite Clearance
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Foley Elementary School
- Foley Middle School
- Foley High School
Utilities
- Heating Available
- Electric Water Heater
- Grinder Pump
- Internet Available
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 6907250000002.000.923
- $6,665 per year additional tax assessments
Community Details
Overview
- Association fees include management, common area insurance, ground maintenance, recreational facilities, reserve funds, trash, water/sewer, internet, clubhouse, pool
- 88 Units
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Additional Features
- Clubhouse
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2024
Closed on
Dec 6, 2024
Sold by
Arnold Neil S and Arnold Amy D
Bought by
Wildrick Joseph S and Wildrick Rebecca J
Seller's Agent
Chris Allred
Luna Beach Properties, LLC
Buyer's Agent
Andrea Torbert
Coldwell Banker Coastal Realty
List Price
$394,900
Sold Price
$390,000
Premium/Discount to List
-$4,900
-1.24%
Total Days on Market
124
Views
124
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
$13,701
Avg. Annual Appreciation
7.46%
Original Mortgage
$140,500
Outstanding Balance
$139,992
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$263,709
Purchase Details
Listed on
Nov 1, 2014
Closed on
Mar 2, 2015
Sold by
Rookery Iii Llc
Bought by
Hendrickson Michael and Hendrickson Jennifer
Seller's Agent
Peter Howard
RE/MAX Gulf Properties
Buyer's Agent
Gary Gilpin
eXp Realty Southern Branch
List Price
$149,900
Sold Price
$149,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$135,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Similar Homes in Gulf Shores, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Waterfront Closing & Title Llc | |
| Warranty Deed | $390,000 | Waterfront Closing & Title Llc | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,500 | New Conventional | |
| Closed | $140,500 | New Conventional | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $115,227 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $390,000 | 0.0% | $302 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $390,000 | -- | -- |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $414,900 | +5.1% | $322 / Sq Ft |
| 06/05/2024 06/05/24 | For Sale | $394,900 | +36.2% | $306 / Sq Ft |
| 01/14/2021 01/14/21 | Sold | $289,900 | 0.0% | $225 / Sq Ft |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 08/28/2020 08/28/20 | Price Changed | $289,900 | -1.7% | $225 / Sq Ft |
| 08/10/2020 08/10/20 | Price Changed | $294,900 | -1.7% | $229 / Sq Ft |
| 07/06/2020 07/06/20 | For Sale | $299,900 | +100.1% | $233 / Sq Ft |
| 03/13/2015 03/13/15 | Sold | $149,900 | 0.0% | $116 / Sq Ft |
| 02/11/2015 02/11/15 | Pending | -- | -- | -- |
| 11/01/2014 11/01/14 | For Sale | $149,900 | -- | $116 / 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 | $2,319 | $82,820 | $0 | $82,820 |
| 2023 | $2,023 | $72,240 | $0 | $72,240 |
| 2022 | $1,640 | $58,560 | $0 | $0 |
| 2021 | $813 | $29,280 | $0 | $0 |
| 2020 | $669 | $23,880 | $0 | $0 |
| 2019 | $614 | $21,940 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Allred
C
Seller's Agent in 2024
Chris Allred
Luna Beach Properties, LLC
(251) 978-3228
6 in this area
30 Total Sales
-
Andrea Torbert
Buyer's Agent in 2024
Andrea Torbert
Coldwell Banker Coastal Realty
(251) 747-7196
8 in this area
130 Total Sales
-
Maribeth Howard
M
Seller's Agent in 2021
Maribeth Howard
RE/MAX
(251) 295-1613
8 in this area
17 Total Sales
-
Fred Newman
Buyer's Agent in 2021
Fred Newman
Keller Williams AGC Realty - Orange Beach
(251) 979-5600
1 in this area
45 Total Sales
-
Peter Howard
Seller's Agent in 2015
Peter Howard
RE/MAX
(251) 259-7135
4 in this area
8 Total Sales
-
Gary Gilpin
Buyer's Agent in 2015
Gary Gilpin
eXp Realty Southern Branch
(251) 967-4912
16 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 363273
APN: 69-07-25-0-000-002.000-923
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