NOT LISTED FOR SALE

116 W 5th Ave Unit B Gulf Shores, AL 36542

Estimated Value: $718,200 - $803,000

5 Beds
5.5 Baths
3,400 Sq Ft
8,851 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $385,000 $113 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,157/month

51 Days on Market

Highlights

  • Private Dock
  • Assigned Boat Slip
  • Home fronts a canal
  • Gulf Shores Elementary School Rated A-
  • Fishing
  • 4-minute walk to Wade Ward Nature Park

About This Home

As of June 2015

Masterpiece of quality w/low $/sf.Steal of a deal.Gorgeous west side of duplex on canal to lagoon w/boat dock&private poolw/bath,custom cabinets,granite,hdwd floors,tile & carpet.Top floor is a private suite w/kitchenette,FP in LR or 5th BR & private deck w/ gulf views.LG 3car gar,top of line elevator,9'smooth ceilings.Beautifully furnished w/few seller reserves.2 laundries.Bunk area.A also 4 sale

Last Agent to Sell the Property

The Pro Team

Bonds Realty & Auction Listed on: 04/10/2015

Bonds Realty & Auction

Last Buyer's Agent

The Pro Team

Bonds Realty & Auction Listed on: 04/10/2015

Bonds Realty & Auction

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 2006

Lot Details

  • Home fronts a canal
  • End Unit

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Stacked Washer and Dryer
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Assigned Boat Slip
  • Private Dock
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Trailer Storage

Listing and Financial Details

  • Legal Lot and Block Lot 4 Block 2 / Lot 4 Block 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community features wheelchair access

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,860

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Other-See Remarks
  • Year Built: 2006
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Fencing, Fishing, Pool - Outdoor, Wheelchair Accessible
  • Lot Size Acres: 0.2032
  • Co List Office Phone: 251-948-2400
  • MLS Status: Closed
  • Subdivision Name: Twelve Palms
  • Reso Accessibility Features: Wheelchair Accessible Property
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s), High Ceilings, Storage, Wet Bar
  • Unit Levels: Three Or More
  • Living Area: 3400
  • Property Attached Yn: Yes
  • Reso Structure Type: Condo
  • Reso Window Features: Window Treatments, Double Pane Windows
  • Financial Info Electric: Total Electric
  • BK20_LFD_BoatFacilities_4: Assigned Slip, Boat Dock, Trailer Storage, Water Depth (4 ft-), Water Depth (4 ft+)
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked, Trash Compactor, Washer, Electric Water Heater
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile, Wood
  • Stories: 3
  • Dining Room Features: Lvg/Dng Combo
  • Room Bedroom4 Level: Third
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Room Bedroom5 Level: Third
  • Room Bedroom5 Area: 256

Exterior Features

  • Roof: Composition
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi), Canal Front, Gulf Accs (<=1/4 Mi)
  • Home Warranty: No
  • Common Walls: Corner Unit
  • Construction Type: Concrete Board
  • Exterior Features: Balcony
  • Foundation Details: Pilings, Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached, Covered

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Electric (Cool), Heat Pump, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Allowed

Lot Info

  • Lot Dimensions: 75 x 118
  • Lot Size Sq Ft: 8850
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: 2+ Family Residence

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: Lot 4 Block 2
  • Tax Lot: Lot 4 Block 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2016
Sold by
Davis William M
Bought by
Conkle Deborah T
Current Estimated Value
$760,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$215,957
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$544,843

Purchase Details

Closed on
Mar 6, 2006
Sold by
Rayfield James W and Windham Paul E
Bought by
Rayfield James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Conkle Deborah T $270,500 Ct
Rayfield James W -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conkle Deborah T $270,000
Previous Owner Rayfield James W $649,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2015 06/30/15 Sold $385,000 0.0% $113 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $385,000 +13.9% $113 / Sq Ft
11/16/2012 11/16/12 Sold $338,000 0.0% $99 / Sq Ft View Prior Sale
11/15/2012 11/15/12 Pending -- -- --
10/21/2012 10/21/12 For Sale $338,000 -- $99 / 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 $1,860 $70,920 $0 $70,920
2023 $1,732 $66,060 $0 $66,060
2022 $2,032 $61,580 $0 $0
2021 $1,155 $46,660 $0 $0
2020 $1,540 $46,660 $0 $0
2019 $1,352 $40,960 $0 $0
2018 $1,333 $40,380 $0 $0
2017 $1,276 $38,660 $0 $0
2016 $1,095 $33,180 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 224946

Baldwin REALTORS®

APN: 66-04-20-1-000-042.000-904