1117 W Lagoon Ave Unit 11 Gulf Shores, AL 36542
2
Beds
2
Baths
896
Sq Ft
0.53
Acres
Highlights
- Water access To Gulf or Ocean
- Gulf View
- Community Barbecue Grill
- Gulf Shores Elementary School Rated A-
- Community Pool
- Tile Flooring
About This Home
As of October 2021Location! Location! Location! Revenue-producing 2 BR/BA Gulf Shores condo priced right at $254,900! WOW!! Enjoy full-time living or enjoy the steady revenue stream! This very spacious 2 bed/2 bath condo sleeps 7 very comfortably and is beautifully decorated! This condo appeals to everyone...each unit at Alabama sands condo has a designated parking spot. 50 inch TV in the den along with a super comfortable sofa or love seat! This unit is sold fully-furnished and rent ready! Brand new roof, Stainless steel appliances, Brand new porch rails, HVAC replaced in 2018, all tile-no carpet! Complex community pool and grill area is included and plenty of dining options and grocery store is nearby! Quiet, cozy condo just steps from the beach! 2020 Rental revenue was $22,499 and 2021 projected revenue is $26,000+. Condo to be shown on turn around days only. See Below: Turnaround Days are August 15-19, 22-31 (Schedule between 10a and 4p) September 3, 6, 10-11, 18-20, 23-24, 27-30 (Schedule between 10a and 4p)
Last Buyer's Agent
Suzanne Sawyer
World Impact Real Estate License #82534-1
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,064
Year Built
- Built in 1997
HOA Fees
- $400 Monthly HOA Fees
Parking
- Parking Lot
Property Views
- Gulf
- Lagoon
Home Design
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 896 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Tile Flooring
- Fire and Smoke Detector
- Stacked Washer and Dryer
Kitchen
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Outdoor Features
- Water access To Gulf or Ocean
- Access To Lagoon or Estuary
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 66-04-19-3-000-018.000-911
Community Details
Overview
- Association fees include management, cable, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, trash, pool
- Alabama Sands Community
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Community Barbecue Grill
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2021
Closed on
Dec 1, 2021
Sold by
Malugin Bethany A and Malugin William T
Bought by
Summer Place Rentals Llc
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
Suzanne Sawyer
World Impact Real Estate
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,195
Avg. Annual Appreciation
6.78%
Purchase Details
Listed on
Jul 9, 2021
Closed on
Sep 30, 2021
Sold by
Lewkutz Daniel J and Lewkutz Niki
Bought by
Malugin Bethany A and Malugin William T
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
Suzanne Sawyer
World Impact Real Estate
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Purchase Details
Listed on
Jun 14, 2017
Closed on
Jul 14, 2017
Sold by
Evans Richard T and Evans Laura G
Bought by
Lewkutz Daniel J and Lewkutz Niki
Seller's Agent
Kristina Halfacre
RE/MAX of Orange Beach
Buyer's Agent
Heather Loper
Keller Williams AGC Realty - Orange Beach
List Price
$160,000
Sold Price
$160,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$144,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 24, 2016
Closed on
Nov 4, 2016
Sold by
Reeves Jacqueline D
Bought by
Evans Richard T and Evans Laura G
Seller's Agent
Tom Stanton
EXIT Realty Gulf Shores
Buyer's Agent
Kristina Halfacre
RE/MAX of Orange Beach
List Price
$130,000
Sold Price
$130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.11%
Purchase Details
Closed on
Nov 4, 2014
Sold by
Reeves Charles F and Reeves Jacqueline D
Bought by
Reeves Jacqueline D
Purchase Details
Closed on
Jun 1, 2009
Sold by
Regions Bank
Bought by
Reeves Charles F and Reeves Jacqueline D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 19, 2008
Sold by
Winkler Brian K
Bought by
Regions Bank
Purchase Details
Closed on
Apr 26, 2005
Sold by
Whitlow Timothy J
Bought by
Winkler Brian K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,800
Interest Rate
5.75%
Mortgage Type
New Conventional
Similar Homes in Gulf Shores, AL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $192,600 | None Available | |
| Deed | $250,000 | New Title Company Name | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $130,000 | None Available | |
| Interfamily Deed Transfer | $72,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Foreclosure Deed | $158,557 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $141,000 | New Conventional | |
| Previous Owner | $144,000 | New Conventional | |
| Previous Owner | $76,400 | Seller Take Back | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $158,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2021 10/05/21 | Sold | $250,000 | 0.0% | $279 / Sq Ft |
| 09/18/2021 09/18/21 | Pending | -- | -- | -- |
| 09/13/2021 09/13/21 | Price Changed | $249,900 | -2.0% | $279 / Sq Ft |
| 08/20/2021 08/20/21 | Price Changed | $254,900 | -1.9% | $284 / Sq Ft |
| 07/09/2021 07/09/21 | For Sale | $259,900 | +62.4% | $290 / Sq Ft |
| 07/14/2017 07/14/17 | Sold | $160,000 | 0.0% | $179 / Sq Ft |
| 06/15/2017 06/15/17 | Pending | -- | -- | -- |
| 06/14/2017 06/14/17 | For Sale | $160,000 | +23.1% | $179 / Sq Ft |
| 11/04/2016 11/04/16 | Sold | $130,000 | 0.0% | $145 / Sq Ft |
| 11/01/2016 11/01/16 | Pending | -- | -- | -- |
| 05/24/2016 05/24/16 | For Sale | $130,000 | -- | $145 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $2,099 | $63,620 | $0 | $63,620 |
| 2023 | $1,904 | $57,700 | $0 | $57,700 |
| 2022 | $1,467 | $44,440 | $0 | $0 |
| 2021 | $1,271 | $44,440 | $0 | $0 |
| 2020 | $1,082 | $32,260 | $0 | $0 |
| 2019 | $1,082 | $32,260 | $0 | $0 |
| 2018 | $964 | $28,680 | $0 | $0 |
| 2017 | $828 | $25,080 | $0 | $0 |
| 2016 | $757 | $22,400 | $0 | $0 |
| 2015 | $340 | $10,300 | $0 | $0 |
| 2014 | $311 | $9,420 | $0 | $0 |
| 2013 | -- | $8,060 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
David Swiger
Swiger & Company
(251) 609-2873
182 Total Sales
-
S
Buyer's Agent in 2021
Suzanne Sawyer
World Impact Real Estate
-
Seller's Agent in 2017
Kristina Halfacre
RE/MAX
(251) 233-6695
124 Total Sales
-
Buyer's Agent in 2017
Heather Loper
Keller Williams AGC Realty - Orange Beach
(251) 504-1171
332 Total Sales
-
Seller's Agent in 2016
Tom Stanton
EXIT Realty Gulf Shores
(251) 974-1288
145 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 316880
APN: 66-04-19-3-000-018.000-911
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