NOT LISTED FOR SALE

1220 Dorado Way Gulf Shores, AL 36542

Estimated Value: $550,315 - $606,000

3 Beds
2 Baths
1,991 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $292,500 $147 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,092/month

190 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Cottage
  • Community Gazebo
  • Gulf Shores Elementary School Rated A-
  • Breakfast Area or Nook
  • Attached Garage

About This Home

As of December 2017

This brand new single story beauty is situated in a quite wooded subdivision less than 5 minutes from downtown Gulf Shores but far enough away from the chaos of the annual tourist invasion! Sturdily built with HardiePlank siding & a metal roof, this home is nestled near the entrance of The Colony at Ft. Morgan. The 3 bdrm./2 bath coastal cottage style home boasts an open flr plan, granite counter tops thru out, upgraded plumbing & lighting fixtures, crown molding, custom cabinets, an irrigation system plus a 2-car garage w/opener! The home is built to the Gold Fortified Standard resulting in significantly reduced homeowners insurance. The Colony is located in FEMA's X Zone meaning flood insurance may not be required for most mortgages. The attic is insulated with spray foam & also equipped with a gas on-demand water heating system which insures lower utility bills than that of an otherwise insulated home of similar design utilizing electric water heating system. Fenced in back yard. Open daily

Last Agent to Sell the Property

Rick Phillips

Advantage Real Estate Listed on: 05/27/2017

Last Buyer's Agent

Eddie Bufkin

Bufkin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 145

Home Design

  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,991 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • ENERGY STAR Qualified Windows

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 276328

Community Details

Overview

  • The Colony At Fort Morgan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo

Home Details

Home Type

Single Family

Est. Annual Taxes

$115

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: New Construction
  • Property Amenities: Automatic Garage Door, Patio
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 276328
  • Year Built: 2017
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: The Colony at Fort Morgan
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator
  • Estimated Living Area: 1991
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedroom 3: Dimensions: 12x14, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10x17, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10x17, On Level: Main Level
  • Living Room: Dimensions: 15x18, On Level: Main Level
  • Master Bed: Dimensions: 14x16, On Level: Main Level
  • Price Per Sq Ft: 146.91
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Heat Pump
  • Utilities: Gas-Natural, Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Community Amenities: Gazebo

Lot Info

  • Estimated Lot Size: 0.23
  • Lot Block Unit: Lot 8
  • Lot Size: 80 X 145

Green Features

  • Energy Saving Features: Ceiling Fan(s), Energy Star Windows, Tankless Water Heater

Tax Info

  • Property Taxes: $115.00
  • Assessor Parcel Number: 276328

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2017
Closed on
Dec 27, 2017
Sold by
Williams Charles L
Bought by
Jones Dorian Y
Seller's Agent
Rick Phillips
Advantage Real Estate
Buyer's Agent
Eddie Bufkin
Bufkin Real Estate
List Price
$289,900
Sold Price
$292,500
Premium/Discount to List
$2,600
0.9%
Current Estimated Value
$568,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,579
Avg. Annual Appreciation
8.67%
Original Mortgage
$192,400
Outstanding Balance
$162,280
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$405,799

Purchase Details

Closed on
May 19, 2016
Sold by
Cji Llc
Bought by
Williams Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,560
Interest Rate
3.59%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Dorian Y $292,500 None Available
Williams Charles L $35,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Dorian Y $192,400
Previous Owner Williams Charles L $217,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $292,500 -0.7% $147 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/16/2017 11/16/17 Price Changed $294,500 +1.6% $148 / Sq Ft
05/27/2017 05/27/17 For Sale $289,900 -- $146 / 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 $1,249 $47,840 $6,200 $41,640
2023 $1,313 $50,280 $6,700 $43,580
2022 $1,036 $39,820 $0 $0
2021 $1,014 $25,980 $0 $0
2020 $981 $31,100 $0 $0
2019 $1,881 $57,000 $0 $0
2018 $891 $27,000 $0 $0
2017 $438 $13,280 $0 $0
2016 $116 $3,500 $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

  • R

    Seller's Agent in 2017

    Rick Phillips

    Advantage Real Estate

    (251) 948-4444

    11 in this area

    28 Total Sales

    Rick Phillips
    Section Image

  • E

    Buyer's Agent in 2017

    Eddie Bufkin

    Bufkin Real Estate

    (251) 978-4242

    1 in this area

    7 Total Sales

    Eddie Bufkin
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 254098

Baldwin REALTORS®

APN: 67-06-14-3-001-008.011

Alabama Baldwin County Gulf Shores 36542

1220 Dorado Way, Gulf Shores, AL

Not Listed for Sale

Detached

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