NOT LISTED FOR SALE

113 W 6th Ave Unit 13 Gulf Shores, AL 36542

Estimated Value: $232,000 - $341,000

2 Beds
1.5 Baths
944 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $310,000 $328 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,149/month

Highlights

  • Fishing Pier
  • Home fronts a canal
  • Living Room
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • 3-minute walk to Wade Ward Nature Park

About This Home

As of October 2023

FOR COMP PURPOSES ONLY> Rare opportunity to own a short term rental in this quiet canal front complex with two parking spaces. There are only 4 units with transferable STR licenses on this street. This quaint complex is a 9 min walk (0.4 mi) to the beach and festivals. Conveniently located in the middle of all the action in Gulf Shores - Papa Roccos, Scoops Ice Cream, Original Oyster House, Waterville amusement park, The Hangout restaurant & entertainment venue, shops and more. There's a dock for a kayak too. Go Explore little lagoon! Owners allowed to have 2 pets and small boat and trailer on property. After Hurricane Sally repairs include: New Metal Roof, New siding, balcony spindles, paint, laundry room doors, drainage pavers with sump pump and landscaping, some pilings have also been reinforced. Will eventually complete all pilings capital project estimated at $5000 special assessment in the future. New canal side double door, unit window panes and Kaba Lock installed by owner. Can be shown on turnarounds June 25th, 29th and July 5th, 16th. . Buyer must honor all Airbnb reservations on the books. Payout June 29 - Aug 13 is $7752.43. Assume 15% cleaning fee, 3% Airbnb marketing and processing fee and 15%-20% management fee. $45K+ potential annual gross earnings. Owner will be doing a 1031 exchange.

Last Agent to Sell the Property

Karen Sepko

Beach Home Alabama Realty LLC Listed on: 10/30/2023

Last Buyer's Agent

Karen Sepko

Beach Home Alabama Realty LLC Listed on: 10/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 100x100
  • Home fronts a canal
  • Landscaped

HOA Fees

  • $475 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 944 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Laminate Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • 2 Car Parking Spaces

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-1-000-030.000913

Community Details

Overview

  • Association fees include management, common area insurance, pest control, reserve funds, trash, water/sewer
  • Venetian Isle Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 1982

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Intersecting Street: SR 59
  • Property Amenities: Ceiling Fan(s)
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Canal
  • Parcel Id Tax Id: 66-04-20-1-000-030.000913
  • Year Built: 1982
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 13 VENETIAN ISLES CONDO SEC 20-T9S-R4E (WD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 944
  • Balcony Size: 23 x 7
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 9 x 12, On Level: 2
  • Bedrooms: 2
  • Floors: Laminate
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 8 x 9, On Level: Main Level
  • Living Room: Dimensions: 23 x 12, On Level: Main Level
  • Master Bed: Dimensions: 11 x 14, On Level: 2
  • Price Per Sq Ft: 328.39
  • Property Interior Stories: 2
  • Unit Floor: 2

Exterior Features

  • Boat Facilities: Boat Dock, Slip-1st Come 1st Served, Water Depth (4 Ft+)
  • Body Of Water: Canal To Little Lagoon
  • Exterior Finish: Wood
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Canal Front - Building

Garage/Parking

  • Number Of Parking Spaces: 2
  • Garage Parking: Double Carport, Condo: Assigned Parking, Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Cable Tv, Sewage-City, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 475
  • Association Fees Include: Association Management, Common Area Insurance, Pest Control, Reserve Funds, Trash, Water/Sewer
  • Community Amenities: Condo 2-Bdrms In Complex, Fishing Pier, Landscaping, Pets - Owners Only, Pets - Allowed, Pets - Limited # Pets
  • Condo Building Stories: 2
  • Condo Complex: Venetian Isle

Green Features

  • Energy Saving Features: Coastal Green Air

Lot Info

  • Lot Block Unit: 13
  • Lot Size: 100x100

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1028.28
  • Assessor Parcel Number: 49453

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
Jun 23, 2015
Sold by
Borum Thomas H
Bought by
Holbein Frank D and Holbein Katrina S
Seller's Agent
David Henry
Coldwell Banker Coastal Realty
Buyer's Agent
Charles Ogletree
RE/MAX of Gulf Shores
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$291,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,629
Avg. Annual Appreciation
12.65%

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jul 24, 2014
Sold by
Shumock Frida and Shumock Fredia W
Bought by
Borum Thomas H
Seller's Agent
David Henry
Coldwell Banker Coastal Realty
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.29%
Original Mortgage
$58,500
Interest Rate
4.24%
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
Holbein Frank D $85,000 Ct
Borum Thomas H $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borum Thomas H $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2023 10/30/23 Sold $310,000 -6.1% $328 / Sq Ft
10/30/2023 10/30/23 For Sale $330,000 +187.0% $350 / Sq Ft
01/12/2018 01/12/18 Sold $115,000 -11.2% $122 / Sq Ft View Prior Sale
01/03/2018 01/03/18 Pending -- -- --
10/23/2017 10/23/17 Price Changed $129,500 -3.7% $137 / Sq Ft
08/29/2017 08/29/17 For Sale $134,500 +58.2% $142 / Sq Ft
06/23/2015 06/23/15 Sold $85,000 0.0% $90 / Sq Ft View Prior Sale
05/24/2015 05/24/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $85,000 +30.8% $90 / Sq Ft
07/25/2014 07/25/14 Sold $65,000 0.0% $69 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $65,000 -- $69 / 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 $1,682 $50,980 $0 $50,980
2023 $1,527 $46,260 $0 $46,260
2022 $1,371 $41,540 $0 $0
2021 $1,053 $31,160 $0 $0
2020 $898 $26,440 $0 $0
2019 $742 $21,720 $0 $0
2018 $327 $9,920 $0 $0
2017 $312 $9,440 $0 $0
2016 $253 $7,660 $0 $0
2015 $156 $6,620 $0 $0
2014 $461 $13,220 $0 $0
2013 -- $6,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 353678

Baldwin REALTORS®

APN: 66-04-20-1-000-030.000-913