$250,000
SOLD MAY 5, 2023

1037 W Lagoon Ave Unit 7 Gulf Shores, AL 36542

1 Bed
1 Bath
608 Sq Ft
0.26 Acres

Recently Sold

$411 Per Sq Ft

2 Days on Market

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean
  • Furnished
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Covered patio or porch

About This Home

As of May 2023

A little slice of paradise! This one bedroom condo offers a huge private balcony with views of the Little Lagoon and The Gulf of Mexico. This unit would make an excellent rental unit or a second home! You are just steps to Gulf Shores public beach access, restaurants, shopping and more! Located less than 2 miles from The Hangout. This unit has brand new LVP flooring, bathroom vanity, pullout couch, bedroom furniture, freshly painted cabinets and walls, stained outside deck and two new TVs. Covered Parking. Fully furnished and ready to rent! Renters are currently lined up throughout summer.

Last Agent to Sell the Property

Anthony Cinello

Wheeles Realty

Co-Listed By

Wheeles Realty Group

Real Broker, LLC

Last Buyer's Agent

Hannah Harrison

Century 21 J Carter & Company

Century 21 J Carter & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 1984

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Gulf
  • Lagoon

Interior Spaces

  • 608 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Covered patio or porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-3-000-028.000908

Community Details

Overview

  • Association fees include common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, trash, water/sewer
  • Lagoon Sun Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,223

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Other Foundation-See Rm
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Covered Patio, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Indirect Lagoon Side, Indirect Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-3-000-028.000908
  • Year Built: 1984
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 7 LAGOON SUN CONDO MS51 PG830 CITY OF GULF SHORES SEC 1 9-T9S-R4E
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range-Electric, Smoke Detector, Washer
  • Estimated Living Area: 608
  • Bathrooms: 1
  • Bedrooms: 1
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 9X10, On Level: Main Level
  • Living Room: Dimensions: 15X20, On Level: Main Level
  • Master Bed: Dimensions: 12X12, On Level: Main Level
  • Price Per Sq Ft: 411.18
  • Property Interior Stories: 1
  • Unit Floor: 3
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Tub/Shower Combo

Exterior Features

  • 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
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 300
  • Association Fees Include: Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Pets - Allowed
  • Condo Building Stories: 3
  • Condo Complex: Lagoon Sun

Schools

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

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: $1223.64
  • Assessor Parcel Number: 61401

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Freeman Joseph E
Bought by
Freeman Coastal Holdings Llc
Total Days on Market
2

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 5, 2023
Sold by
Cinello Gary and Cinello Reyne
Bought by
Freeman Joseph
Seller's Agent
Anthony Cinello
Wheeles Realty
Buyer's Agent
Hannah Harrison
Century 21 J Carter & Company
List Price
$250,000
Sold Price
$250,000
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$187,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2011
Sold by
Ezell James T
Bought by
Holt Rickey A and Schlehuber Sherry Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Map

Range of Values:

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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 $201,000 None Listed On Document
Warranty Deed $250,000 None Listed On Document
Warranty Deed -- Fmt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $187,500 New Conventional
Previous Owner $149,625 New Conventional
Previous Owner $55,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 For Sale $265,000 +6.0% $436 / Sq Ft
05/05/2023 05/05/23 Sold $250,000 0.0% $411 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $250,000 +25.3% $411 / Sq Ft
02/18/2022 02/18/22 Sold $199,500 +2.0% $328 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $195,500 0.0% $322 / Sq Ft
01/12/2022 01/12/22 For Sale $195,500 0.0% $322 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $195,500 0.0% $322 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $195,500 -- $322 / Sq Ft
Source: Baldwin REALTORS®

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 $1,605 $48,640 $0 $48,640
2023 $1,324 $40,120 $0 $40,120
2022 $1,224 $37,080 $0 $0
2021 $875 $26,140 $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 $574 $17,020 $0 $0
2015 $513 $15,200 $0 $0
2014 $513 $15,200 $0 $0
2013 -- $15,200 $0 $0
Source: Public Records

Source: Baldwin REALTORS®

MLS Number: 343816

Baldwin REALTORS®

APN: 66-04-19-3-000-028.000-907