NOT LISTED FOR SALE

Tradewinds Condominiums 24568 Perdido Beach Blvd Unit 1002 Orange Beach, AL 36561

Estimated Value: $416,000 - $491,000

1 Bed
2 Baths
695 Sq Ft
$650/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $465,000 $669 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,139/month

74 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gated Community
  • High Ceiling
  • Property fronts gulf or ocean
  • Community Indoor Pool
  • Covered patio or porch

About This Home

As of February 2024

This beautiful condo has an established rental history with Elite Vacation Rentals, with a strong rental history in 2023. Gross Rent almost $40k for 2023, in a down year. It's a renters paradise offering TWO elevators, a indoor/outdoor heated pool, TWO full bathrooms, and room to sleep 6 at affordable rates. BRAND NEW AC UNIT! Owners will love the abnormally low HOA fees of $372/month and owner pets! This one bedroom, two full bath property has a fully equipped kitchen, in unit washer/dryer, and hall bunks. The balcony view is a MUST SEE! Tradewinds HOA does a great job working towards continuous improvements to keep the complex in great standings.

Last Listed By

Jessica Limbaugh

Elite By The Beach, LLC Listed on: 11/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 200 x 430
  • Landscaped

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Stucco Exterior
  • Masonry

Interior Spaces

  • 695 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Stacked Washer and Dryer
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Deeded Waterfront Access Rights
  • Covered patio or porch

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 65-04-18-0-000-020.000980

Community Details

Overview

  • Association fees include cable, common area insurance, common area maintenance, pest control, internet, pool
  • 2 Elevators
  • Tradewinds Community
  • The community has rules related to covenants, conditions, and restrictions
  • 13-Story Property

Amenities

  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 1999

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry
  • Construction Status: Resale
  • Flood Zone: VE,0.2 PCT,X
  • Property Amenities: Bunk Alcove, Cable, Ceiling Fan(s), Covered Patio, En-Suite, High Ceilings, Internet, Storage-In, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-04-18-0-000-020.000980
  • Year Built: 1999
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 1002 TRADEWINDS CONDO IN CITY OF ORANGE BEACH IN #50601 2 SEC 18-T9S-R5E (WD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Smoke Detector, Stack Washer/Dryer
  • Estimated Living Area: 695
  • Balcony Size: Large
  • Bathrooms: 2
  • Bedrooms: 1
  • Elevators: 2
  • Floors: Tile
  • Kitchen: Dimensions: 7x8, On Level: Main Level
  • Living Dining: Dimensions: 11x14, On Level: Main Level
  • Master Bed: Dimensions: 10x14, On Level: Main Level
  • Price Per Sq Ft: 669.06
  • Property Interior Stories: 1
  • Unit Floor: 10
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Sewage-City, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 372
  • Association Fees Include: Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Internet, Pool
  • Community Amenities: Bbq Area, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Internet, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Owners Only, Gated, Water Access-Deeded
  • Condo Building Stories: 13
  • Condo Complex: Tradewinds

Schools

  • Elementary School: Orange Beach Elementary
  • Middle School: Orange Beach Middle
  • High School: Orange Beach High

Lot Info

  • Lot Block Unit: 1002
  • Lot Size: 200 X 430

Tax Info

  • Property Taxes: 2001.92
  • Assessor Parcel Number: 226867

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach High
  • Middle School: Orange Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Feb 22, 2024
Sold by
Star Gulf Rentals Llc
Bought by
Mason Joey Lee and Mason Casey Leigh
Seller's Agent
Jessica Limbaugh
Elite By The Beach, LLC
Buyer's Agent
Kristie Wheeles
Wheeles Realty
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Total Days on Market
74
Views
43
Current Estimated Value
$451,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,047
Avg. Annual Appreciation
-1.47%
Original Mortgage
$372,000
Outstanding Balance
$367,967
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$89,103

Purchase Details

Listed on
Mar 21, 2021
Closed on
Apr 12, 2021
Sold by
Dier Places Llc
Bought by
Star Gulf Rentals Llc
Seller's Agent
The Pro Team
Bonds Realty & Auction
Buyer's Agent
Jessica Limbaugh
Elite By The Beach, LLC
List Price
$364,900
Sold Price
$364,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$291,920
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 2013
Sold by
Dier Kelly and Dier Teresa
Bought by
Dier Places Llc

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
Mason Joey Lee $465,000 None Listed On Document
Star Gulf Rentals Llc -- Professional Land Title Inc
Dier Places Llc $185,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Joey Lee $372,000
Previous Owner Star Gulf Rentals Llc $291,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $465,000 -6.8% $669 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/03/2023 11/03/23 For Sale $499,000 +36.7% $718 / Sq Ft
04/14/2021 04/14/21 Sold $364,900 0.0% $525 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $364,900 -- $525 / 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 $2,936 $91,740 $0 $91,740
2023 $2,669 $83,400 $0 $83,400
2022 $2,349 $73,400 $0 $0
2021 $2,033 $62,560 $0 $0
2020 $1,855 $57,000 $0 $0
2019 $1,833 $56,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Limbaugh

    Seller's Agent in 2024

    Jessica Limbaugh

    Elite By The Beach, LLC

    (251) 949-2100

    5 in this area

    37 Total Sales

    Jessica Limbaugh
    Section Image
  • Kristie Wheeles

    Buyer's Agent in 2024

    Kristie Wheeles

    Wheeles Realty

    (251) 233-9300

    26 in this area

    137 Total Sales

    Kristie Wheeles
    Section Image
  • The Pro Team

    Seller's Agent in 2021

    The Pro Team

    Bonds Realty & Auction

    (251) 752-1219

    39 in this area

    227 Total Sales

    The Pro Team
    Section Image
  • Kandy Hines

    Seller Co-Listing Agent in 2021

    Kandy Hines

    RE/MAX

    (251) 209-1811

    23 in this area

    171 Total Sales

    Kandy Hines
    Section Image
See All Agents

About Tradewinds Condominiums

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Source: Baldwin REALTORS®

MLS Number: 353943

Baldwin REALTORS®

APN: 65-04-18-0-000-020.000-980

Alabama Baldwin County Orange Beach 36561

24568 Perdido Beach Blvd Unit 1002, Orange Beach, AL

Homes for Sale in Orange Beach, AL

This home is located at 24568 Perdido Beach Blvd Unit 1002, Orange Beach, AL 36561 since 03 November 2023 and is currently estimated at $451,953, approximately $650 per square foot. This property was built in 1999. 24568 Perdido Beach Blvd Unit 1002 is a home located in Baldwin County.

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