NOT LISTED FOR SALE

728 W Beach Blvd Unit 118 Gulf Shores, AL 36542

Estimated Value: $292,000 - $328,000

2 Beds
2 Baths
792 Sq Ft
$350/mo HOA Fee

Last Sold October 03, 2024

Last sale price $285,000 $360 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,132/month

465 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gulf View
  • Combination Kitchen and Living
  • Gulf Shores Elementary School Rated A-
  • 1 Acre Lot
  • Community Pool

About This Home

As of October 2024

HUGE PRICE REDUCTION!!! THIS CONDO MUST GO!!! CORNER UNIT WITH LOTS OF NATURAL LIGHT!! GULF AND POOL VIEWS! Amazing cozy coastal condo! Situated in the heart of Gulf Shores, this popular and established condo complex has everything you need to enjoy your summer or add to your investment portfolio. When you walk through the door you immediately feel like you have been transported to paradise. Cool beachy colors and decorations will keep you in permanent vacation mode. Fabulous updates include BRAND NEW APPLIANCES, granite kitchen countertops, updated vanities, some new furnishings, and new tile flooring in the kitchen and bathrooms. RENTAL PROJECTIONS OF $33,000 ANNUALLY!! This unit is turn key and a must-see--won't last long! Sold as is where is at this price!! Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Meredith Harris

RE/MAX of Orange Beach Brokerage Phone: 251-284-6157 Listed on: 05/26/2023

RE/MAX of Orange Beach

Last Buyer's Agent

Amanda Eckart

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 1980

Lot Details

  • West Facing Home
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 1st floor
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Living
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 118 / 118
  • Assessor Parcel Number 6604191000018.000918
  • $8,820 per year additional tax assessments

Community Details

Overview

  • Association fees include management, common area insurance, ground maintenance, pest control, trash, pool
  • 62 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$685

Year Built

Built in 1980

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • View: Western View, Indirect Gulf-Across Rd
  • Parcel Number: 6604191000018.000918
  • Year Built: 1980
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Landscaping, Pool - Outdoor, Water Access-Deeded
  • Lot Size Acres: 1
  • Attribution Contact: PHONE: 251-284-6157
  • Co List Office Phone: 251-981-2400
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Lani Kai
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 1
  • Reso Interior Features: Ceiling Fan(s), En-Suite, Internet
  • Unit Levels: One
  • Living Area: 792
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Financial Info Electric: Baldwin EMC
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator w/Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Dining Room Features: Lvg/Dng/Ktchn Combo
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Main
  • Master Bathroom Features: Tub/Shower Combo, Single Vanity

Exterior Features

  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi), Gulf Accs (<=1/4 Mi)
  • Construction Type: Concrete Board
  • Direction Faces: West
  • Foundation Details: Pilings

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered

Utilities

  • Utilities: Gulf Shores Utilities, Cable Connected
  • Cooling: Heat Pump, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Area Insurance, Maintenance Grounds, Pest Control, Trash, Pool

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 62

Tax Info

  • Tax Annual Amount: 685.08
  • Tax Block: 118
  • Tax Lot: 118
  • Tax Other Annual Assessment Amount: 8820

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Oct 4, 2024
Sold by
Como John and Como Natalie A
Bought by
Baab Thomas James and Baab Kelly Leigh
Seller's Agent
Meredith Harris
RE/MAX of Orange Beach
Buyer's Agent
Amanda Eckart
Real Broker, LLC
List Price
$359,000
Sold Price
$285,000
Premium/Discount to List
-$74,000
-20.61%
Views
1011
Current Estimated Value
$304,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,519
Avg. Annual Appreciation
6.85%
Original Mortgage
$142,500
Outstanding Balance
$141,002
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$163,517

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 12, 2022
Sold by
Smith James H
Bought by
Como John and Como Natalie A
Seller's Agent
JWRE Coastal Team
JWRE
Buyer's Agent
Meredith Harris
RE/MAX of Orange Beach
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.84%
Original Mortgage
$232,500
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Baab Thomas James $285,000 None Listed On Document
Como John $310,000 Pipkin & Associates Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baab Thomas James $142,500
Previous Owner Como John $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2024 10/03/24 Sold $285,000 0.0% $360 / Sq Ft
10/01/2024 10/01/24 Off Market $285,000 -- --
04/18/2024 04/18/24 Price Changed $299,999 -8.6% $379 / Sq Ft
04/15/2024 04/15/24 Price Changed $328,300 0.0% $415 / Sq Ft
04/11/2024 04/11/24 Price Changed $328,400 0.0% $415 / Sq Ft
03/12/2024 03/12/24 Price Changed $328,500 -1.9% $415 / Sq Ft
01/08/2024 01/08/24 Price Changed $335,000 -4.3% $423 / Sq Ft
09/20/2023 09/20/23 Price Changed $349,999 -2.2% $442 / Sq Ft
07/12/2023 07/12/23 Price Changed $358,000 -1.4% $452 / Sq Ft
06/16/2023 06/16/23 Price Changed $363,000 +1.1% $458 / Sq Ft
05/26/2023 05/26/23 For Sale $359,000 +15.8% $453 / Sq Ft
08/12/2022 08/12/22 Sold $310,000 -1.6% $391 / Sq Ft View Prior Sale
07/14/2022 07/14/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $315,000 -- $398 / 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 $2,002 $60,660 $0 $60,660
2023 $1,851 $56,080 $0 $56,080
2022 $824 $24,960 $0 $0
2021 $685 $20,760 $0 $0
2020 $675 $20,440 $0 $0
2019 $601 $18,220 $0 $0
2018 $531 $16,080 $0 $0
2017 $444 $13,460 $0 $0
2016 $432 $13,080 $0 $0
2015 $353 $10,700 $0 $0
2014 $353 $10,700 $0 $0
2013 -- $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 346506

Baldwin REALTORS®

APN: 66-04-19-1-000-018.000-918