NOT LISTED FOR SALE

1202 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $856,000 - $1,218,452

4 Beds
4 Baths
2,311 Sq Ft
$466/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $698,914 $302 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,930/month

38 Days on Market

Highlights

  • 53 Feet of Waterfront
  • Community Beach Access
  • Home fronts a lagoon or estuary
  • Gulf Shores Elementary School Rated A-
  • Pier
  • Gulf View

About This Home

As of July 2020

Imagine sunsets from your private pier. LAGOON FRONT living at its best in this Larry Lawrence custom home!! New Gold Fortified home to be built on the southern shores of Little Lagoon in Gulf Shores. No association fees!! Home features 4 large bedrooms 4 bathrooms, a wide open living/dining/kitchen with high ceilings finished with stained tongue and grove pine. Granite counters in kitchen and bathrooms, luxury vinyl floors, and lots of windows. Color accented tile surrounds in all the tubs and shower. Two large decks on north and south end of the house to take advantage of the breeze and the beautiful views of the lagoon. Private deck on the master bedroom overlooking the lagoon. Energy efficient open cell foam insulation in attic, storm rated windows and doors, Bahama shutters & fabric storm shield for doors and end windows. Heavy 26 gauge metal roof. Enclosed outside shower. Private pier and dock with boat lift. Samsung SS Appliances. Need not be built LISTING BROKER MAKES NO REPRESENTATION TO SQUARE FOOTAGE ACCURACY, BUYER TO VERIFY.

Last Agent to Sell the Property

Mike Reynolds

Roberts Brothers Inc. Gulf Coa Listed on: 05/01/2020

Roberts Brothers Inc. Gulf Coa

Last Buyer's Agent

Mike Reynolds

Roberts Brothers Inc. Gulf Coa Listed on: 05/01/2020

Roberts Brothers Inc. Gulf Coa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 2020

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 53x270
  • Home fronts a lagoon or estuary
  • 53 Feet of Waterfront
  • Level Lot
  • Few Trees

Home Design

  • Home to be built
  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 2,311 Sq Ft Home
  • 1-Story Property
  • Elevator
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Storage
  • Vinyl Flooring
  • Gulf Views

Kitchen

  • Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Detached Garage
  • Carport

Eco-Friendly Details

  • FORTIFIED Gold

Outdoor Features

  • Pier
  • Water access To Gulf or Ocean
  • Patio

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05-67-06-24-4-000-001.005

Community Details

Overview

  • Lagoon Estates Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,247

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings, Slab, Fortified-Gold
  • Construction Status: To Be Built
  • Flood Zone: VE
  • Intersecting Street: West 11th St
  • Property Amenities: Carbon Monoxide Detector, Ceiling Fan(s), Covered Patio, Private Elevator, High Ceilings, Irrigation Sprinkler, Porch-Open, Patio, Porch-Screened, Storage-In, Termite Contract, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Direct Lagoon Front, Indirect Gulf-Across Rd
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 05-67-06-24-4-000-001.005
  • Year Built: 2020
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: LOT 10 LAGOON ESTATES A RESUBDIVISION OF LOTS 1-6 CARL T MARTIN UNIT OF GULF SHORES SLIDE 2688-A
  • Subdivsn Or Commnty: Lagoon Estates
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Convection Oven, Microwave, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 2311
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 14x14, On Level: Main Level
  • Bedroom 3: Dimensions: 14x14, On Level: Main Level
  • Bedroom 4: Dimensions: 14x14, On Level: Main Level
  • Bedrooms: 4
  • Den: Dimensions: 17x25, On Level: Main Level
  • Fireplace: No Fireplace
  • Floors: Vinyl
  • Kitchen: Dimensions: 16x15, On Level: Main Level
  • Living Dining: Dimensions: 30x32, On Level: Main Level
  • Master Bed: Dimensions: 14x14, On Level: Main Level
  • Price Per Sq Ft: 302.43
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Walk In Closet, Balcony/Patio, Private Water Closet

Exterior Features

  • Waterfront Frontage: 53
  • Boat Facilities: Boat Dock, Water Depth (4 Ft-)
  • Body Of Water: Little Lagoon
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lagoon Front - Building

Garage/Parking

  • Garage Parking: Detached, Double Garage, Three or More Vehicles, Three Car Carport

Utilities

  • Heat Cooling: Heat Pump, Heat Pump (Cool), Zoned
  • Utilities: Gas-Natural, Water-City, Baldwin Emc, Gulf Shores Utilities

Schools

  • Elementary School: Gulf Shores Elementary
  • High School: Gulf Shores High

Lot Info

  • Estimated Lot Size: 0.27
  • Lot Block Unit: 10
  • Lot Description: Less Than 1 Acre, Level, Some Trees, Waterfront, Pier
  • Lot Size: 53x270

Tax Info

  • Property Taxes: 1,247
  • Assessor Parcel Number: 383193

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 28, 2020
Sold by
Marlaw Investments Llc
Bought by
Harris Dale P and Harris Theresa M
Seller's Agent
Mike Reynolds
Roberts Brothers Inc. Gulf Coa
Buyer's Agent
Mike Reynolds
Roberts Brothers Inc. Gulf Coa
List Price
$969,000
Sold Price
$698,914
Premium/Discount to List
-$270,086
-27.87%
Current Estimated Value
$1,076,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,199
Avg. Annual Appreciation
8.57%
Original Mortgage
$559,100
Outstanding Balance
$504,526
Interest Rate
3.62%
Mortgage Type
Construction
Estimated Equity
$571,587
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
Harris Dale P $698,914 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Dale P $559,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $698,914 0.0% $302 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $699,000 -27.9% $302 / Sq Ft
05/01/2020 05/01/20 For Sale $969,000 -- $419 / 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 $3,431 $105,340 $27,600 $77,740
2023 $3,316 $100,480 $29,120 $71,360
2022 $4,794 $145,260 $0 $0
2021 $669 $20,260 $0 $0
2020 $1,247 $37,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 297918

Baldwin REALTORS®

APN: 67-06-24-4-000-001.005