Seller's Agent in 2023
Karen Sepko
Beach Home Alabama Realty LLC
(504) 460-9540
13 in this area
31 Total Sales
Estimated Value: $232,000 - $341,000
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.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holbein Frank D | $85,000 | Ct | |
| Borum Thomas H | $65,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borum Thomas H | $58,500 |
| 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 |
| 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 |
Seller's Agent in 2023
Karen Sepko
Beach Home Alabama Realty LLC
(504) 460-9540
13 in this area
31 Total Sales
R
Seller's Agent in 2018
Robin Nelson
Goode Realty, LLC
D
Seller's Agent in 2015
David Henry
Coldwell Banker Coastal Realty
C
Buyer's Agent in 2015
Charles Ogletree
RE/MAX
(251) 968-7707
22 in this area
45 Total Sales
Source: Baldwin REALTORS®
MLS Number: 353678
APN: 66-04-20-1-000-030.000-913