NOT LISTED FOR SALE

1037 W Lagoon Ave Unit 1 Gulf Shores, AL 36542

Estimated Value: $235,000 - $293,000

1 Bed
1 Bath
608 Sq Ft
$430/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $250,000 $411 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,839/month

103 Days on Market

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean
  • Furnished
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • En-Suite Primary Bedroom

About This Home

As of December 2023

Check out this adorable 1bdrm/bth unit, completely renovated, priced to sell, in this low density complex with views of Little Lagoon and just steps away from the beautiful white sandy beaches! This unit offers beautiful beachy decor, light and airy and very clean and well kept. Granite throughout, wood look laminate flooring, black appliances, low maintenance and a fantastic rental. Large balconies to sit and watch the sunsets and enjoy the afternoon breeze. Don't miss out on this one!

Last Agent to Sell the Property

Jennifer Scarbrough

RE/MAX of Gulf Shores Listed on: 07/27/2023

RE/MAX of Gulf Shores

Last Buyer's Agent

Jason Ross

World Impact Real Estate

World Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1984

Lot Details

  • 0.26

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Gulf
  • Lagoon

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 608 Sq Ft Home
  • 2-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary

Schools

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

Additional Features

  • Property is zoned 2+ Family Residence
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-3-000-028.000.901

Community Details

Overview

  • Association fees include common area insurance, common area maintenance, pest control, taxes-common area, trash, water/sewer
  • Lagoon Sun Community

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 1984

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings, Wood Frame
  • Construction Status: Resale
  • Flood Zone: AE
  • Mineral Rights: Unknown
  • Property Type: Residential Attached
  • Style: Condo
  • View: Indirect Gulf-Across Rd, Indirect Lagoon-Across Rd
  • Zoning Area: 2+ Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-3-000-028.000.901
  • Year Built: 1984
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 1 LAGOON SUN CONDOS IN THE CITY OF GULF SHORES SEC 19-T 9S-R4E (WD/SURVIVORSHIP)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Range-Electric, Stack Washer/Dryer
  • Estimated Living Area: 608
  • Bathrooms: 1
  • Bedrooms: 1
  • Dining Area Type: Lvg/Dng Combo
  • Fireplace: No Fireplace
  • Floors: Laminate
  • Kitchen: Dimensions: 18x16, On Level: Main Level
  • Living Dining: Dimensions: 18x16, On Level: Main Level
  • Master Bed: Dimensions: 18x12, On Level: Main Level
  • Price Per Sq Ft: 411.18
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity

Exterior Features

  • Exterior Finish: Wood
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric (Cool)
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 325
  • Association Fees Include: Common Area Insurance, Common Area Maintenance, Pest Control, Taxes-Common Area, Trash, Water/Sewer
  • Condo Building Stories: 2
  • Condo Complex: Lagoon Sun

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 1
  • Lot Size: condo

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 862.62
  • Assessor Parcel Number: 61350

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Dec 5, 2023
Sold by
Freeman Coastal Holdings Llc
Bought by
Smith Michael Shane and Smith Ann Marie
Seller's Agent
Jennifer Scarbrough
RE/MAX of Gulf Shores
Buyer's Agent
Jason Ross
World Impact Real Estate
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
147
Current Estimated Value
$261,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,232
Avg. Annual Appreciation
2.34%
Original Mortgage
$157,500
Outstanding Balance
$155,028
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$106,204

Purchase Details

Closed on
Jan 23, 2023
Sold by
Freeman Joseph E
Bought by
Freeman Coastal Holdings Llc

Purchase Details

Listed on
Dec 2, 2021
Closed on
Feb 18, 2022
Sold by
Holt Rickey A
Bought by
Cinello Gary R and Cinello Reyne L
Seller's Agent
Charlotte Owensby
Waters Edge Realty
Buyer's Agent
Hannah Harrison
Century 21 J Carter & Company
List Price
$230,000
Sold Price
$222,000
Premium/Discount to List
-$8,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 21, 2022
Sold by
Susan Crocker
Bought by
Freeman Joseph Elmer
Seller's Agent
Charlotte Owensby
Waters Edge Realty
Buyer's Agent
Hannah Harrison
Century 21 J Carter & Company
List Price
$230,000
Sold Price
$222,000
Premium/Discount to List
-$8,000
-3.48%

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 2, 2021
Sold by
Mpg Rentals Llc
Bought by
Crocker Susan
Seller's Agent
Kristina Halfacre
RE/MAX of Orange Beach
Buyer's Agent
Charlotte Owensby
Waters Edge Realty
List Price
$205,000
Sold Price
$206,000
Premium/Discount to List
$1,000
0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$186,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 30, 2016
Sold by
Fielder James and Fielder Rebay
Bought by
Garland Michael R and Garland Patricia
Seller's Agent
Chris Allred
Luna Beach Properties, LLC
Buyer's Agent
Chris Allred
Luna Beach Properties, LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$96,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
Callaway Cindy
Bought by
Fielder James and Fielder Rebay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Callaway Cindy
Bought by
Callaway Cindy
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
Smith Michael Shane $250,000 Orange Beach Title
Freeman Coastal Holdings Llc -- None Listed On Document
Cinello Gary R $50,000 Land & Title
Freeman Joseph Elmer $222,000 Taupeka Law Llc
Crocker Susan $206,000 None Available
Garland Michael R $120,000 None Available
Fielder James $65,250 Attorneys Title Inc
Callaway Cindy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael Shane $157,500
Previous Owner Crocker Susan $186,000
Previous Owner Garland Michael R $96,000
Previous Owner Fielder James $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold $250,000 -5.7% $411 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $265,000 +19.4% $436 / Sq Ft
01/21/2022 01/21/22 Sold $222,000 -3.5% $365 / Sq Ft View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $230,000 +11.7% $378 / Sq Ft
06/25/2021 06/25/21 Sold $206,000 +0.5% $339 / Sq Ft View Prior Sale
05/18/2021 05/18/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $205,000 0.0% $337 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $205,000 +70.8% $337 / Sq Ft
06/30/2016 06/30/16 Sold $120,000 0.0% $200 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $120,000 -- $200 / 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 $1,766 $53,500 $0 $53,500
2023 $1,457 $44,140 $0 $44,140
2022 $673 $20,400 $0 $0
2021 $863 $13,080 $0 $0
2020 $875 $26,140 $0 $0
2019 $834 $24,920 $0 $0
2018 $766 $22,860 $0 $0
2017 $734 $21,880 $0 $0
2016 $602 $17,880 $0 $0
2015 $539 $15,960 $0 $0
2014 $263 $7,980 $0 $0
2013 -- $7,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Scarbrough

    Seller's Agent in 2023

    Jennifer Scarbrough

    RE/MAX

    (251) 504-2388

    77 in this area

    204 Total Sales

    Jennifer Scarbrough
    Section Image
  • Jason Ross

    Buyer's Agent in 2023

    Jason Ross

    World Impact Real Estate

    (251) 510-5159

    27 in this area

    99 Total Sales

    Jason Ross
    Section Image
  • Charlotte Owensby

    Seller's Agent in 2022

    Charlotte Owensby

    Waters Edge Realty

    (251) 654-4846

    7 in this area

    36 Total Sales

    Charlotte Owensby
    Section Image
  • Hannah Harrison

    Buyer's Agent in 2022

    Hannah Harrison

    Century 21 J Carter & Company

    (251) 233-5786

    7 in this area

    59 Total Sales

    Hannah Harrison
    Section Image
  • Kristina Halfacre

    Seller's Agent in 2021

    Kristina Halfacre

    RE/MAX of Orange Beach

    (251) 233-6695

    47 in this area

    118 Total Sales

    Kristina Halfacre
    Section Image

  • C

    Seller's Agent in 2016

    Chris Allred

    Luna Beach Properties, LLC

    (251) 978-3228

    18 in this area

    31 Total Sales

    Chris Allred
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 349346

Baldwin REALTORS®

APN: 66-04-19-3-000-028.000-901

Alabama Baldwin County Gulf Shores 36542

1037 W Lagoon Ave Unit 1, Gulf Shores, AL

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