NOT LISTED FOR SALE

1041 W Lagoon Ave Unit 302 Gulf Shores, AL 36542

Estimated Value: $243,000 - $346,000

2 Beds
2 Baths
880 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $226,000 $257 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,144/month

15 Days on Market

Highlights

  • Public Water Access
  • Bay View
  • Community Barbecue Grill
  • Gulf Shores Elementary School Rated A-
  • Community Pool
  • En-Suite Primary Bedroom

About This Home

As of December 2020

Don’t miss out on this completely renovated condo in the heart of Gulf Shores with both gulf and lagoon views! Enjoy these views from the extra large balcony or use the public beach access just around the corner to get a closer look. Just to name some of the features this second home at the beach has to offer are new luxury vinyl plank flooring, granite, stainless appliances, updated fixtures and hardware, and smooth sheetrock ceilings instead of popcorn texture. All updates have been completed within the last 3 years. This unit is currently on a rental program. New buyer has the option of future rentals to convey to them. Pictures don’t do it justice, you must take a look at this unit for yourself!

Last Agent to Sell the Property

Joseph Smith

RE/MAX Paradise Listed on: 10/30/2020

RE/MAX Paradise

Last Buyer's Agent

Ann Wood

Coldwell Banker Coastal Realty

Coldwell Banker Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1985

Lot Details

  • 0.53

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Bay
  • Gulf
  • Lagoon

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Public Water Access
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-3-000-027.000-910

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, recreational facilities, trash, water/sewer
  • Sandy Shores West Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Year Built

Built in 1985

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s)
  • Property Type: Residential Attached
  • Style: Condo
  • View: Indirect Bay-Across Rd, Indirect Gulf-Across Rd, Indirect Lagoon-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-3-000-027.000-910
  • Year Built: 1985
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 880
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x11, On Level: Main Level
  • Bedrooms: 2
  • Floors: Vinyl
  • Kitchen: Dimensions: 6x8, On Level: Main Level
  • Living Dining: Dimensions: 19x15, On Level: Main Level
  • Master Bed: Dimensions: 14x12, On Level: Main Level
  • Primary Bedroom Bathroom: Tub/Shower Combo
  • Price Per Sq Ft: 256.82
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Wood
  • Water Property Type: Public Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Condo: Assigned Parking, Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Total Electric, Water Heater-Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 385
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Covered Entry, Landscaping, Pool - Outdoor
  • Condo Building Stories: 2
  • Condo Complex: Sandy Shores West

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 871.20
  • Assessor Parcel Number: 262826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 17, 2020
Sold by
Collins Michael E and Collins Carol M
Bought by
Wheeler Denise A and Wheeler Bradley
Seller's Agent
Joseph Smith
RE/MAX Paradise
Buyer's Agent
Ann Wood
Coldwell Banker Coastal Realty
List Price
$234,900
Sold Price
$226,000
Premium/Discount to List
-$8,900
-3.79%
Current Estimated Value
$303,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,273
Avg. Annual Appreciation
6.24%
Original Mortgage
$169,500
Outstanding Balance
$150,906
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$152,367

Purchase Details

Listed on
Jul 13, 2016
Closed on
Jun 8, 2017
Sold by
Maner Donnie
Bought by
Collins Michael E and Collins Carol M
Seller's Agent
Vicki Lynn
Vicki Lynn Real Estate
Buyer's Agent
Joseph Smith
RE/MAX Paradise
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Original Mortgage
$100,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2010
Sold by
Maner Debbie
Bought by
Maner Donnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.02%
Mortgage Type
New Conventional
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
Wheeler Denise A -- None Listed On Document
Collins Michael E $125,000 None Available
Maner Donnie $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Denise A $169,500
Previous Owner Collins Michael E $100,000
Previous Owner Maner Donnie $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $226,000 -3.8% $257 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $234,900 +87.9% $267 / Sq Ft
06/09/2017 06/09/17 Sold $125,000 0.0% $142 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
07/13/2016 07/13/16 For Sale $125,000 -- $142 / 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 $2,033 $61,600 $0 $61,600
2023 $1,742 $52,800 $0 $52,800
2022 $1,475 $44,700 $0 $0
2021 $1,063 $31,680 $0 $0
2020 $1,005 $29,920 $0 $0
2019 $888 $26,400 $0 $0
2018 $830 $24,640 $0 $0
2017 $772 $22,880 $0 $0
2016 $685 $20,240 $0 $0
2015 $627 $18,480 $0 $0
2014 $627 $18,480 $0 $0
2013 -- $18,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Smith

    Seller's Agent in 2020

    Joseph Smith

    RE/MAX

    (251) 564-6841

    42 in this area

    135 Total Sales

    Joseph Smith
    Section Image
  • Ann Wood

    Buyer's Agent in 2020

    Ann Wood

    Coldwell Banker Coastal Realty

    (251) 589-9966

    11 in this area

    41 Total Sales

    Ann Wood
    Section Image
  • Vicki Lynn

    Seller's Agent in 2017

    Vicki Lynn

    Vicki Lynn Real Estate

    (251) 752-7571

    42 in this area

    116 Total Sales

    Vicki Lynn
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 305613

Baldwin REALTORS®

APN: 66-04-19-3-000-027.000-910

Alabama Baldwin County Gulf Shores 36542

1041 W Lagoon Ave Unit 302, Gulf Shores, AL

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