NOT LISTED FOR SALE

110 Pass Dr Gulf Shores, AL 36542

Estimated Value: $1,762,000 - $2,185,000

0.25 Acre
$7,674,108 Price per Acre
10,890 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $325,000

Est. 490% increase in value since last sale

Current estimated payment $10,996/month

297 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Fishing Pier
  • 4-minute walk to Lagoon Pass Park
  • Gulf Shores Elementary School Rated A-
  • Home fronts a lagoon or estuary

About This Lot

As of July 2021

Priced to sell! This large waterfront lot is ready to build your custom dream home. Located in the quiet community of Lagoon Pass. The community has a private boat ramp and pier. Deeded access to the Gulf of Mexico just across the street.

Last Agent to Sell the Property

Edie Skillen

Legendary Realty, LLC Listed on: 08/17/2020

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,441

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 121x92
  • Home fronts a lagoon or estuary
  • Finished Lot(s)

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 6706234001021000

Community Details

Overview

  • $60 Additional Association Fee
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fishing Pier
  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$1,441

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Additional Amenity Fees: 60
  • Class: Lots And Land
  • Mineral Rights: Unknown
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • View: Direct Lagoon Front
  • Zoning Area: Single Family Residence
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 6706234001021000
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1300000

Exterior Features

  • Boat Facilities: Boat Ramp
  • Body Of Water: Little Lagoon
  • Waterfront: Yes
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lagoon Front
  • Road Description: Paved
  • Road Frontage: 121

Utilities

  • Utilities: Gas-Natural, Sewage-City Available, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 350
  • Association Management Email: Edieskillen@gmaail.com
  • Community Amenities: Fishing Pier

Lot Info

  • Estimated Lot Size: 0.25
  • Lot Description: Waterfront
  • Lot Size: 121x92
  • Number Lots: 1

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1441.4
  • Assessor Parcel Number: 1037770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Coastal Associates Llc
Bought by
Mauna Loa Llc
Current Estimated Value
$1,918,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,582
Outstanding Balance
$328,006
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$1,590,521

Purchase Details

Listed on
Aug 17, 2020
Closed on
Jul 19, 2021
Sold by
Nichols Gene C and Nichols Ann P
Bought by
Coastal Associates Llc
Seller's Agent
Edie Skillen
Legendary Realty, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$400,000
Sold Price
$325,000
Premium/Discount to List
-$75,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.56%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mauna Loa Llc $1,700,000 None Listed On Document
Mauna Loa Llc $1,700,000 Ow Long & Associates
Coastal Associates Llc $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mauna Loa Llc $1,031,582
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $325,000 -7.1% --
06/10/2021 06/10/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $350,000 -12.5% --
01/06/2021 01/06/21 Price Changed $400,000 +14.3% --
10/08/2020 10/08/20 Price Changed $350,000 -12.5% --
08/17/2020 08/17/20 For Sale $400,000 -- --
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 $10,515 $318,640 $79,720 $238,920
2023 $9,966 $302,000 $84,080 $217,920
2022 $2,350 $71,200 $0 $0
2021 $2,002 $60,660 $0 $0
2020 $1,878 $56,900 $0 $0
2019 $1,615 $48,940 $0 $0
2018 $1,550 $46,960 $0 $0
2017 $1,441 $43,680 $0 $0
2016 $1,441 $43,680 $0 $0
2015 -- $38,220 $0 $0
2014 -- $40,500 $0 $0
2013 -- $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 302883

Baldwin REALTORS®

APN: 67-06-23-4-001-021.000