NOT LISTED FOR SALE

1222 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $437,000

4 Beds
4 Baths
2,666 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $785,000 $294 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $2,287/month

3 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • No HOA
  • Views
  • Gulf Shores Elementary School Rated A-
  • Rear Porch
  • Outdoor Storage

About This Home

As of October 2024

Unique waterfront duplex on Little Lagoon - imagine ending your day with breathtaking sunsets over the water from your private back deck, or enjoying leisurely kayaking and fishing right in your backyard. This one-of-a-kind waterfront duplex on Little Lagoon is the perfect escape you've been waiting for! Property Highlights - Prime location: just a short stroll to the beach and a variety of delightful restaurants, this highly sought-after area offers the best of coastal living. Flexible layout: with a lockable door connecting both sides, you can choose to rent one side while living in the other, use the entire space as a spacious 4-bedroom home, or maximize your investment potential by listing each side separately. Value-add potential: The generous lot provides an incredible opportunity to add a pool, enhancing both rental appeal and property value. Waterfront access: enjoy direct access to the lagoon, perfect for kayaking, fishing, and relaxing by the water. Don't miss out on this rare lagoon-front gem at an unbeatable price. Call your favorite real estate agent today to schedule a showing and explore all the possibilities this property has to offer!This listing is for the entire duplex. This duplex is technichallly a condo with two separate PPINs 061219 & 061226. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Jonathan Lazzarino

eXp Realty Southern Branch Brokerage Phone: 832-914-5012 Listed on: 09/18/2024

eXp Realty Southern Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50 x 300
  • Home fronts a lagoon or estuary

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Piling Construction
  • Hardboard

Interior Spaces

  • 2,666 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Rear Porch

Schools

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

Utilities

  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6706244000001.003.902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,419

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Direct Lagoon Front
  • Parcel Number: 6706244000001.003.902
  • Year Built: 1984
  • Property Sub-Type: Duplex
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Less than 1 acre, Waterfront
  • Lot Size Acres: 0.3444
  • Water Body Name: Little Lagoon
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: PHONE: 832-914-5012
  • Co List Office Phone: 888-923-5547
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Not Applicable
  • ResoBuildingAreaSource: Agent Measured
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s), Split Bedroom Plan
  • Unit Levels: One
  • Living Area: 2666
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Duplex
  • Financial Info Electric: Baldwin EMC
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Stories: 1
  • Room Bedroom4 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main

Exterior Features

  • Roof: Metal
  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Gulf Accs (<=1/4 Mi), Lagoon Acc (<=1/4 Mi), Lagoon Front - Building
  • Construction Type: Vinyl Siding, Wood Siding, Hardboard
  • Exterior Features: Storage
  • Foundation Details: Pilings
  • Patio And Porch Features: Porch-Open, Rear Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Three or More Vehicles

Utilities

  • Utilities: Gulf Shores Utilities
  • Heating: Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • Lot Dimensions: 50 x 300
  • Lot Size Sq Ft: 15000
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2418.9

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 30, 2024
Sold by
Duffley Stephen C and Duffley Christine M
Bought by
Pickett Steven D and Pickett Tina
Seller's Agent
Jonathan Lazzarino
eXp Realty Southern Branch
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Views
2
Current Estimated Value
$437,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$348,000
Avg. Annual Appreciation
-44.33%
Original Mortgage
$274,750
Outstanding Balance
$271,999
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$165,001
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
Pickett Steven D $392,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickett Steven D $274,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $785,000 -1.9% $294 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $799,900 -- $300 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $22,760 $0 $0
2013 -- $43,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 368121

Baldwin REALTORS®

APN: 67-06-24-4-000-001.003