NOT LISTED FOR SALE

1217 Dorado Way Gulf Shores, AL 36542

Estimated Value: $531,800 - $612,000

3 Beds
2 Baths
1,920 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $495,000 $258 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,228/month

140 Days on Market

Highlights

  • High Ceiling
  • Screened Porch
  • Interior Lot
  • Gulf Shores Elementary School Rated A-
  • Cottage
  • Double Pane Windows

About This Home

As of July 2023

Fantastic find in Gulf Shores School District in the Colony at Fort Morgan! This home has an open floor plan, granite counter tops, upgraded plumbing and lighting fixtures, crown molding throughout, screened-in porch, custom cabinets, irrigation system and a two car garage with opener. Roof is fortified and has a Gold designation. The home has spray foam insulation in the roof and is equipped with a tank-less hot water system. Property is just 2 miles from Mo's Landing public boat launch; 3 miles from both the Peninsula Golf & Racquet Club (with public golf) and the Gulf Shores Public Golf Course; less than 10 miles from downtown Gulf Shores and GS public beaches. The 5-mile long Fort Morgan bike and walking trail runs right by the subdivision.

Last Agent to Sell the Property

Tommy Stanton

EXIT Realty Orange Beach Listed on: 02/02/2023

EXIT Realty Orange Beach

Last Buyer's Agent

Chad Kirkland

Coldwell Banker Coastal Realty License #80198

Coldwell Banker Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 2017

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Interior Lot
  • Irregular Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Metal Roof
  • Hardboard

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include management, common area insurance, common area maintenance, reserve funds
  • The Colony At Fort Morgan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 67-06-14-3-001-008.057

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: 0.2 PCT,X
  • Mineral Rights: No Rights
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), Fenced, High Ceilings, Internet, Irrigation Sprinkler, Porch-Screened, Security Lighting, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-14-3-001-008.057
  • Year Built: 2017
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living Room
  • Property Legal Description: 65.1' X 145' IRR LOT 49 THE COLONY AT FORT MORGAN SUB SLIDE 2242-A &B IN CITY OF GULF SHORES SEC 14-
  • Subdivsn Or Commnty: The Colony at Fort Morgan
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 1920
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedroom 3: Dimensions: 12x13, On Level: Main Level
  • Bedrooms: 3
  • Breakfast Room: Dimensions: 12x12, On Level: Main Level
  • Dining Area: Dimensions: 11x15, On Level: Main Level
  • Dining Area Type: Separate Dining Room
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 13x14, On Level: Main Level
  • Living Room: Dimensions: 16.5x16.5, On Level: Main Level
  • Master Bed: Dimensions: 13x17, On Level: Main Level
  • Price Per Sq Ft: 257.81
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Number Of Garage Spaces: 2
  • Garage Parking: Double Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 500
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Reserve Funds

Schools

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

Lot Info

  • Estimated Lot Size: 0.24
  • Lot Block Unit: 49
  • Lot Description: Inside Lot, Irregular-See Remarks
  • Lot Size: 65.1' X 145' Irr
  • Number Lots: 1

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Thermal Doors

Tax Info

  • Property Taxes: 1135.08
  • Assessor Parcel Number: 276374

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
Feb 2, 2023
Closed on
Jul 25, 2023
Sold by
Phan Paul and Phan Heather Rose
Bought by
Lyle Elisa and Lyle James
Seller's Agent
Tommy Stanton
EXIT Realty Orange Beach
Buyer's Agent
Chad Kirkland
Coldwell Banker Coastal Realty
List Price
$524,999
Sold Price
$495,000
Premium/Discount to List
-$29,999
-5.71%
Views
303
Current Estimated Value
$576,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,700
Avg. Annual Appreciation
7.40%
Original Mortgage
$265,000
Outstanding Balance
$259,089
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$317,611

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 25, 2018
Sold by
Hyde Pat and Stough Vaughn
Bought by
Phan Paul and Phan Heather Rose
Seller's Agent
Rick Phillips
Advantage Real Estate
Buyer's Agent
BARBARA WOODCOCK
Found it AL LLC
List Price
$327,000
Sold Price
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$279,930
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Mark Keel Construction Llc
Bought by
Hyde Pat and Stough Vaughn

Purchase Details

Closed on
Oct 3, 2014
Sold by
Cji Llc
Bought by
Mark Keel Construction Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lyle Elisa $495,000 None Listed On Document
Phan Paul $47,500 Professional Land Title Inc
Hyde Pat -- None Available
Mark Keel Construction Llc $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyle Elisa $265,000
Previous Owner Phan Paul $275,000
Previous Owner Phan Paul $279,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $495,000 -2.0% $258 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $504,900 -2.0% $263 / Sq Ft
04/05/2023 04/05/23 Price Changed $514,999 -1.9% $268 / Sq Ft
02/02/2023 02/02/23 For Sale $524,999 +60.6% $273 / Sq Ft
07/26/2018 07/26/18 Sold $327,000 0.0% $164 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $327,000 0.0% $164 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $327,000 -- $164 / 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 $1,360 $52,020 $6,200 $45,820
2023 $3,582 $108,540 $13,400 $95,140
2022 $2,831 $85,780 $0 $0
2021 $1,135 $72,400 $0 $0
2020 $1,098 $34,640 $0 $0
2019 $1,008 $31,920 $0 $0
2018 $231 $7,000 $0 $0
2017 $231 $7,000 $0 $0
2016 $231 $7,000 $0 $0
2015 $83 $2,500 $0 $0
2014 $50 $1,500 $0 $0
2013 -- $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 341322

Baldwin REALTORS®

APN: 67-06-14-3-001-008.057