NOT LISTED FOR SALE

1143 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $753,000 - $2,042,929

3 Beds
2 Baths
4,260 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,500,000 $352 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $6,942/month

2 Days on Market

Highlights

  • Community Beach Access
  • Lagoon View
  • 1 Fireplace
  • Gulf Shores Elementary School Rated A-
  • FORTIFIED Gold
  • Furnished

About This Home

As of June 2021

Trinity Gulf Resort is an incredibly rare investment opportunity. Avery's Abode, Cooper's Cove, and Parker's Place are all 3, 3 bedroom 2 bath Brand New Fully Remodeled Beach homes currently booked for summer 2021 with the exception of a few dates. Trinity Resort is a generating income machine. Each Beach home as a brand new metal Gold Fortified roof, Brand new Frigidaire Stainless Steel Appliances, Brand new luxury plank flooring, Brand new granite countertops in the kitchen and master bathrooms, and all furnishings are brand new with memory foam innovations mattress. The three beach homes are on two lots located in the prime area of West Beach Gulf Shores AL. The property has a newly plastered and tiled pool with new pool pump and chlorinator. With a sand volleyball court. Each home has a hammock and a brand new stainless steel gas grill. This property is a diamond in the rough ready to produce ample investment income.

Last Agent to Sell the Property

Danna Saia

Bellator Real Estate, LLC Listed on: 05/07/2021

Bellator Real Estate, LLC

Last Buyer's Agent

Meredith Harris

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 50x230
  • 2 Lots in the community
  • Property is zoned 2+ Family Residence

Parking

  • Garage

Property Views

  • Lagoon
  • Pool

Home Design

  • Metal Roof
  • Piling Construction
  • Hardboard

Interior Spaces

  • 4,260 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Termite Clearance

Eco-Friendly Details

  • FORTIFIED Gold
  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage
  • Front Porch

Location

  • Mineral Rights

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 345568

Community Details

Amenities

  • Community Barbecue Grill

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings, Fortified-Gold
  • Construction Status: Resale
  • Mineral Rights: All Rights Reserved
  • Property Amenities: Cable, Ceiling Fan(s), Internet, Outdoor Shower, Patio, Security Lighting, Storage Building, Termite Contract, Window Treatments, Porch-Front
  • Property Type: Residential Detached
  • View: Indirect Lagoon Side, Pool Area View
  • Zoning Area: 2+ Family Residence
  • Parcel Id Tax Id: 345568
  • Year Built: 1994
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer, Cooktop
  • Estimated Living Area: 4260
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x14, On Level: 2
  • Bedroom 3: Dimensions: 11x12, On Level: 2
  • Bedrooms: 3
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Laminate
  • Kitchen: Dimensions: 10x9, On Level: Main Level
  • Living Room: Dimensions: 15x20, On Level: Main Level
  • Master Bed: Dimensions: 15x11, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, 1st Floor Master, Multiple Walk In Closets, Walk In Closet, Tub/Shower Combo
  • Number Of Fireplaces: 1
  • Other Rooms: Living Room, Utility Room-Inside
  • Price Per Sq Ft: 352.11
  • Property Interior Stories: 1.5
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Total Electric

Condo/Co-op/Association

  • Community Amenities: Bbq Area, Pool - Outdoor

Green Features

  • Energy Saving Features: Ceiling Fan(s), Energy Effic Appliances, Energy Star Air Cond, Energy Star Heating, Energy Star Windows

Lot Info

  • Lot Description: Less Than 1 Acre
  • Lot Size: 50x230
  • Number Lots: 2

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 4009.50
  • Assessor Parcel Number: 345568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 18, 2021
Sold by
Larson Real Estate And Investments Llc
Bought by
Sulivan Rentals Llc
Seller's Agent
Danna Saia
Bellator Real Estate, LLC
Buyer's Agent
Meredith Harris
RE/MAX of Orange Beach
List Price
$139,035,000
Sold Price
$1,500,000
Premium/Discount to List
-$137,535,000
-98.92%
Current Estimated Value
$1,245,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$254,268
Avg. Annual Appreciation
-4.16%
Original Mortgage
$1,420,000
Outstanding Balance
$226,329
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,019,403

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 30, 2014
Sold by
Powell Richard B
Bought by
Azaleas Properties Llc
Seller's Agent
George Haughton
Bellator RE LLC Orange Beach
Buyer's Agent
Ballard Sweat
RE/MAX Paradise
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,050,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sulivan Rentals Llc $1,500,000 None Available
Azaleas Properties Llc $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sulivan Rentals Llc $1,420,000
Previous Owner Azaleas Properties Llc $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $1,500,000 +7.9% $352 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $1,390,390 -99.0% $326 / Sq Ft
05/07/2021 05/07/21 For Sale $139,035,000 +16722.1% $32,637 / Sq Ft
11/27/2019 11/27/19 Sold $826,500 -12.0% $194 / Sq Ft View Prior Sale
08/10/2019 08/10/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $939,700 -10.5% $221 / Sq Ft
10/30/2014 10/30/14 Sold $1,050,000 0.0% $535 / Sq Ft View Prior Sale
09/30/2014 09/30/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $1,050,000 -- $535 / 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 $4,912 $148,860 $27,040 $121,820
2023 $4,818 $146,000 $36,920 $109,080
2022 $3,734 $113,160 $0 $0
2021 $2,668 $80,020 $0 $0
2020 $3,448 $91,860 $0 $0
2019 $2,928 $74,520 $0 $0
2018 $2,445 $74,080 $0 $0
2017 $3,022 $74,360 $0 $0
2016 $3,065 $74,280 $0 $0
2015 -- $70,120 $0 $0
2014 -- $68,140 $0 $0
2013 -- $44,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danna Saia

    Seller's Agent in 2021

    Danna Saia

    Bellator Real Estate, LLC

    (251) 233-9828

    2 in this area

    88 Total Sales

    Danna Saia
    Section Image
  • Meredith Harris

    Buyer's Agent in 2021

    Meredith Harris

    RE/MAX of Orange Beach

    (251) 284-6157

    62 in this area

    184 Total Sales

    Meredith Harris
    Section Image
  • Joe Curlette

    Seller's Agent in 2019

    Joe Curlette

    Century 21 J Carter & Company

    (251) 979-9781

    87 in this area

    121 Total Sales

    Joe Curlette
    Section Image
  • George Haughton

    Seller's Agent in 2014

    George Haughton

    Bellator RE LLC Orange Beach

    (251) 948-5555

    7 in this area

    43 Total Sales

    George Haughton
    Section Image

  • B

    Buyer's Agent in 2014

    Ballard Sweat

    RE/MAX Paradise

    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 313636

Baldwin REALTORS®

APN: 66-04-19-3-000-011.000

Alabama Baldwin County Gulf Shores 36542

1143 W Lagoon Ave, Gulf Shores, AL

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Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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