$199,500
SOLD FEB 18, 2022

1037 W Lagoon Ave Unit 7 Gulf Shores, AL 36542

1 Bed
1 Bath
608 Sq Ft
0.26 Acres

Recently Sold

$328 Per Sq Ft

2% Above List Price

70 Days on Market

Highlights

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

About This Home

As of May 2023

Welcome To Paradise! Wonderful Opportunity To Own A Piece of Paradise For Under $200K. You Get The Best of Both Worlds. Relax, Unwind and Enjoy Great Views of the Gulf of Mexico and Little Lagoon. This One Bedroom One Bathroom Condo Offers a Huge Private Balcony. This Would Make An Excellent Rental Unit or Second Home. Located Less Than 2 Miles From The Hangout. Walking Distance To Gulf Shores Public Beach Access, Restaurants, Shopping and More. Covered Parking. Don't Miss Out! Turn Key and Rent Ready.

Last Agent to Sell the Property

Ricky Carruth

eXp Realty, LLC Gulf Shores Br Listed on: 11/08/2021

eXp Realty, LLC Gulf Shores Br

Last Buyer's Agent

Anthony Cinello

Wheeles Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1984

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Gulf
  • Lagoon

Interior Spaces

  • 608 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lake
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 077031

Community Details

Overview

  • Association fees include common area insurance, 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

$863

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 Gulf-Across Rd, Indirect Lagoon-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 077031
  • Year Built: 1984
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator W/Ice Maker, Stack Washer/Dryer, Cooktop
  • Estimated Living Area: 608
  • Bathrooms: 1
  • Bedrooms: 1
  • Floors: Tile
  • Kitchen: Dimensions: 9X10, On Level: Main Level
  • Living Dining: Dimensions: 15X20, On Level: Main Level
  • Master Bed: Dimensions: 12X12, On Level: Main Level
  • Primary Bedroom Bathroom: Tub/Shower Combo
  • Price Per Sq Ft: 328.13
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lake Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Total Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 300
  • Association Fees Include: Common Area Insurance, Trash, Water/Sewer
  • Condo Building Stories: 2
  • Condo Complex: Lagoon Sun

Schools

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

Lot Info

  • Lot Block Unit: 7
  • Lot Description: Water View

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 862.62
  • Assessor Parcel Number: 077031

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
Current Estimated Value
$258,379

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
1.53%
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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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 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 $1,605 $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

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Anthony Cinello

    Wheeles Realty

    16 Total Sales

    Anthony Cinello
    Section Image

  • W

    Seller Co-Listing Agent in 2023

    Wheeles Realty Group

    Real Broker, LLC

  • Hannah Harrison

    Buyer's Agent in 2023

    Hannah Harrison

    Century 21 J Carter & Company

    (251) 233-5786

    63 Total Sales

    Hannah Harrison
    Section Image
  • Ricky Carruth

    Seller's Agent in 2022

    Ricky Carruth

    eXp Realty, LLC Gulf Shores Br

    (251) 752-1138

    138 Total Sales

    Ricky Carruth
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 322530

Baldwin REALTORS®

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

Alabama Baldwin County Gulf Shores 36542

1037 W Lagoon Ave Unit 7, Gulf Shores, AL

This home is located at 1037 W Lagoon Ave Unit 7, Gulf Shores, AL 36542 and is currently priced at $199,500, approximately $328 per square foot. This property was built in 1984. 1037 W Lagoon Ave Unit 7 is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes