NOT LISTED FOR SALE

1041 W Lagoon Ave Unit 102 Gulf Shores, AL 36542

Estimated Value: $307,158 - $369,000

2 Beds
2 Baths
880 Sq Ft
$398/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $335,000 $381 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,404/month

159 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Furnished
  • Walk-In Closet
  • Gulf Shores Elementary School Rated A-
  • Community Wi-Fi
  • Views

About This Home

As of April 2023

Recently renovated 2 bedroom/ 2 bath condo within walking distance to Public Beach Access, restaurants, convenience stores, & more! This unit has never been rented and is rent ready - fully stocked with furniture, appliances, and cookware. Great rental potential! Unit offers stained concrete flooring throughout with tiled bathroom flooring. The Kitchen offers granite countertops and pantry. The Living Room and both Bedrooms offer balcony access. The Primary Bathroom offers a tiled standing shower and the Guest Bathroom offers a tub with tile surround. Sandy Shores West offers green space, covered parking, a swimming pool, and is pet friendly!

Last Agent to Sell the Property

Chris Allred

Luna Beach Properties, LLC Listed on: 09/28/2022

Last Buyer's Agent

Derek Mink

Goode Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $478

Year Built

  • Built in 1985

Lot Details

  • Landscaped

HOA Fees

  • $379 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Wood Siding
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring
  • Stacked Washer and Dryer
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

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

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-3-000-027.000-902
  • $3,400 special tax assessment

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, telephone, trash, water/sewer, internet, pool
  • Sandy Shores West Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Wi-Fi

Home Details

Home Type

Single Family

Est. Annual Taxes

$478

Year Built

Built in 1985

Lot Details

0

HOA Fees

$379 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Internet, Irrigation Sprinkler, Termite Contract, Window Treatments
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 3400
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Southern View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-3-000-027.000-902
  • Year Built: 1985
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Stack Washer/Dryer
  • Estimated Living Area: 880
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 2
  • Floors: Tile
  • Kitchen: Dimensions: 6x8, On Level: Main Level
  • Living Dining: Dimensions: 15x19, On Level: Main Level
  • Master Bed: Dimensions: 12x14, On Level: Main Level
  • Price Per Sq Ft: 380.68
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only, Walk In Closet, Balcony/Patio

Exterior Features

  • Exterior Finish: Concrete Board, Wood
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi), No Waterfront

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Sewage-City, Total Electric, Water Heater-Electric, Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 379
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Telephone, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Internet, Landscaping, Pets - Renters Allowed, Pets - Allowed, Satellite Tv
  • Condo Building Stories: 2
  • Condo Complex: Sandy Shores West

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 477.72
  • Assessor Parcel Number: 262818

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Apr 7, 2023
Sold by
Allred Chris L and Allred Lawayne H
Bought by
Carruth Marshall Lanis and Carruth Shani Kaye
Seller's Agent
Chris Allred
Luna Beach Properties, LLC
Buyer's Agent
Derek Mink
Goode Realty, LLC
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Views
122
Current Estimated Value
$350,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,540
Avg. Annual Appreciation
1.79%
Original Mortgage
$251,250
Outstanding Balance
$244,138
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$106,402
Source: Public Records

Range of Values:

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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
Carruth Marshall Lanis $335,000 Professional Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carruth Marshall Lanis $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $335,000 -1.4% $381 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $339,900 -2.9% $386 / Sq Ft
01/24/2023 01/24/23 For Sale $349,900 +4.4% $398 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
12/27/2022 12/27/22 Off Market $335,000 -- --
09/28/2022 09/28/22 For Sale $349,900 -- $398 / 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 $2,236 $67,760 $0 $67,760
2023 $871 $26,400 $0 $26,400
2022 $693 $22,360 $0 $0
2021 $478 $15,840 $0 $0
2020 $449 $14,960 $0 $0
2019 $391 $13,200 $0 $0
2018 $362 $12,320 $0 $0
2017 $333 $11,440 $0 $0
2016 $289 $10,120 $0 $0
2015 $260 $9,240 $0 $0
2014 $260 $9,240 $0 $0
2013 -- $9,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chris Allred

    Luna Beach Properties, LLC

    (251) 978-3228

    18 in this area

    31 Total Sales

    Chris Allred
    Section Image
  • Derek Mink

    Buyer's Agent in 2023

    Derek Mink

    Goode Realty, LLC

    (251) 504-7594

    11 in this area

    38 Total Sales

    Derek Mink
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 337010

Baldwin REALTORS®

APN: 66-04-19-3-000-027.000-902

Alabama Baldwin County Gulf Shores 36542

1041 W Lagoon Ave Unit 102, Gulf Shores, AL

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