NOT LISTED FOR SALE

112 W 5th Ave Unit Lot 3 Gulf Shores, AL 36542

Estimated Value: $190,175

0.2 Acre
$950,875 Price per Acre
8,712 Sq Ft Lot

Last Sold April 14, 2017

Last sale price $110,000

Est. 73% increase in value since last sale

Current estimated payment $1,097/month

61 Days on Market

Highlights

  • Home fronts a seawall
  • Canal View
  • Level Lot
  • Gulf Shores Elementary School Rated A-
  • No HOA
  • 4-minute walk to Wade Ward Nature Park

About This Lot

As of April 2017

Unique duplex lot in the heart of Gulf Shores with 75 feet on the canal in the back and an unobstructed view of the canal in the front. Level and ready to build! Just a short walk to favorite Gulf Shores restaurants, beaches, shops, amusement parks, and much more!! Access to Little Lagoon from canal. Bulkhead in place! Survey on file! Call for more information.

Last Agent to Sell the Property

Kevin Corcoran

RE/MAX OF GULF SHORES Listed on: 01/25/2017

RE/MAX OF GULF SHORES

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,156

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts a canal
  • Level Lot
  • Cleared Lot

Property Views

  • Canal Views

Schools

  • Gulf Shores Elementary And Middle School
  • Gulf Shores High School

Community Details

  • No Home Owners Association
  • Venetian Isles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054467

Property Details

Property Type

Land

Est. Annual Taxes

$1,156

Lot Details

0

Listing Details

  • Parcel Number: 054467
  • Property Type: Land
  • Electric: See Remarks
  • Gas: See Remarks
  • Number Of Lots: 1
  • Topography: Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.2
  • Lot Size: 75x127
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Venetian Isles
  • Directions: Heading on Gulf Shores Pkwy/Hwy 59, turn right onto 5h Ave (just after Papa Roccos) and the lot will be on your right.
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Front, Waterfront, Block/Seawall
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gulf Shores
  • High School: Gulf Shores
  • Middle Or Junior School: Gulf Shores

Lot Info

  • Current Use: Multi-Family, Residential, See Remarks
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 8712
  • Additional Parcels: No
  • Zoning Description: Res Multi,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Apr 14, 2017
Sold by
Fedak Alexander and Fedak Carolyn
Bought by
Araihnejad Miohammed
Seller's Agent
Kevin Corcoran
RE/MAX OF GULF SHORES
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$190,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,175
Avg. Annual Appreciation
6.62%
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
Araihnejad Miohammed $110,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $110,000 -4.3% --
03/27/2017 03/27/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $114,900 -- --
Source: Pensacola Association of 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 $1,156 $35,040 $35,040 $0
2023 $1,220 $36,960 $36,960 $0
2022 $990 $30,000 $0 $0
2021 $847 $25,680 $0 $0
2020 $792 $24,000 $0 $0
2019 $693 $21,000 $0 $0
2018 $644 $19,500 $0 $0
2017 $594 $18,000 $0 $0
2016 $594 $18,000 $0 $0
2015 $495 $15,000 $0 $0
2014 $495 $15,000 $0 $0
2013 -- $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Corcoran

    Seller's Agent in 2017

    Kevin Corcoran

    RE/MAX

    (251) 948-2400

    37 in this area

    76 Total Sales

    Kevin Corcoran
    Section Image

  • O

    Buyer's Agent in 2017

    Outside Area Selling Agent

    PAR Outside Area Listing Office

See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 511814

Pensacola Association of REALTORS®

APN: 66-04-20-1-000-043.001

Alabama Baldwin County Gulf Shores 36542

112 W 5th Ave Unit Lot 3, Gulf Shores, AL

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