$230,000
SOLD AUG 29, 2023

728 W Beach Blvd Unit 201 Gulf Shores, AL 36542

1 Bed
1 Bath
531 Sq Ft
1.97 Acres

Recently Sold

$433 Per Sq Ft

16% Below List Price

172 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • In Ground Pool
  • Patio
  • Gulf Shores Elementary School Rated A-
  • Pool View
  • Community Barbecue Grill

About This Home

As of September 2024

This fantastic unit at popular Lani Kai Village is ready for its new owners! Sold fully furnished, this condo will be immediately ready for you to enjoy as a vacation getaway or a money-making rental investment. Deeded beach access is steps away, as are two pools, picnic tables and barbecue grills. Inside, you will enjoy the spacious layout, charming decor and a private balcony. Come see why this location is a favorite of owners and renters alike! Rental projections available upon request.

Last Agent to Sell the Property

Tara Mkwamba

Bellator RE LLC Orange Beach Listed on: 01/31/2023

Bellator RE LLC Orange Beach

Co-Listed By

JWRE Coastal Team

JWRE

Last Buyer's Agent

Riggs Symonds

MarMac Real Estate Coastal

MarMac Real Estate Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1980

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 531 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Patio

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-1-000-018.000928

Community Details

Overview

  • Association fees include pool, management, cable, common area insurance, common area maintenance, pest control, trash, water/sewer
  • Lani Kai Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Year Built

Built in 1980

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings, Wood Frame
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Patio, Pool-Inground (Home)
  • Property Type: Residential Attached
  • Style: Condo
  • View: Pool Area View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-1-000-018.000928
  • Year Built: 1980
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 201 LANI KAI VILLAGE CONDO SEC 19-T9S-R4E (WD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Range-Electric, Smoke Detector, Washer
  • Estimated Living Area: 531
  • Bathrooms: 1
  • Bedrooms: 1
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Laminate
  • Kitchen: Dimensions: 12x8, On Level: Main Level
  • Living Dining: Dimensions: 19x12, On Level: Main Level
  • Master Bed: Dimensions: 12x14, On Level: Main Level
  • Price Per Sq Ft: 433.15
  • Property Interior Stories: 1
  • Unit Floor: 2

Exterior Features

  • Exterior Finish: Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 350
  • Association Fees Include: Pool, Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Pool - Outdoor, Pets - Owners Only, Water Access-Deeded
  • Condo Building Stories: 2
  • Condo Complex: Lani Kai

Schools

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

Lot Info

  • Lot Block Unit: 201

Tax Info

  • Property Taxes: 473.22
  • Assessor Parcel Number: 60133

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Sep 13, 2024
Sold by
Coleman Richard Tyler
Bought by
Nguyen Randy and Nguyen Barbara Nathalya
Seller's Agent
Riggs Symonds
MarMac Real Estate Coastal
Buyer's Agent
Katie Sondag
Keller Williams AGC Realty-Da
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Total Days on Market
172
Views
127
Current Estimated Value
$253,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,030
Avg. Annual Appreciation
0.84%
Original Mortgage
$187,500
Outstanding Balance
$186,346
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$65,499

Purchase Details

Listed on
Jan 31, 2023
Closed on
Aug 18, 2023
Sold by
Wilkerson Holly
Bought by
Coleman Richard Tyler
Seller's Agent
Tara Mkwamba
Bellator RE LLC Orange Beach
Buyer's Agent
Riggs Symonds
MarMac Real Estate Coastal
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%
Views
730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$184,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Patterson Jackie Diane
Bought by
Fabre Russell
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Warranty Deed $230,000 None Listed On Document
Warranty Deed $85,000 Tbx Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Previous Owner $184,000 New Conventional
Previous Owner $87,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $250,000 -5.7% $471 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $265,000 -1.9% $499 / Sq Ft
06/14/2024 06/14/24 Price Changed $269,999 -1.8% $508 / Sq Ft
05/04/2024 05/04/24 For Sale $275,000 +19.6% $518 / Sq Ft
08/29/2023 08/29/23 Sold $230,000 -8.0% $433 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $250,000 -7.1% $471 / Sq Ft
05/23/2023 05/23/23 Price Changed $269,000 -2.2% $507 / Sq Ft
05/12/2023 05/12/23 For Sale $275,000 0.0% $518 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $275,000 -1.4% $518 / Sq Ft
03/17/2023 03/17/23 Price Changed $279,000 -2.1% $525 / Sq Ft
02/15/2023 02/15/23 Price Changed $285,000 -3.4% $537 / Sq Ft
01/31/2023 01/31/23 For Sale $295,000 -- $556 / 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 $1,367 $41,420 $0 $41,420
2023 $631 $19,120 $0 $19,120
2022 $561 $17,000 $0 $0
2021 $473 $14,340 $0 $0
2020 $465 $14,080 $0 $0
2019 $395 $11,960 $0 $0
2018 $350 $10,620 $0 $0
2017 $272 $8,240 $0 $0
2016 $263 $7,980 $0 $0
2015 $246 $7,440 $0 $0
2014 $246 $7,440 $0 $0
2013 -- $6,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 341175

Baldwin REALTORS®

APN: 66-04-19-1-000-018.000-928