NOT LISTED FOR SALE

1228 Dorado Way Gulf Shores, AL 36542

Estimated Value: $528,000 - $564,000

3 Beds
2 Baths
1,795 Sq Ft
$304/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $360,000 $201 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,996/month

197 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • FORTIFIED Gold
  • Covered Patio or Porch
  • Gulf Shores Elementary School Rated A-
  • High Ceiling
  • Attached Garage

About This Home

As of July 2019

New Concrete Gold-Fortified Construction. This house has everything you could ask for and then some! Although you would never know it from its fresh clean board and batten exterior, this home’s structural foundation is a concrete-based wall system that should give you peace of mind. Inside, this coastal cottage has 10 foot ceilings, 8 foot solid core doors, custom cabinets with soft close doors and drawers, marble countertops in the kitchen and in the master bathroom, a split bedroom plan, a large soaking tub in the master bathroom, hand-laid tile in the master shower, and large covered patio. The house has Andersen Impact windows, Neuma Impact Doors, and Dade County rated garage door. No need to worry about covering the windows or doors every time there is a scare of a storm because with the impact rating it is always there to protect your family. There are more upgrades than I can list so set up a showing to come see for yourself.

Last Agent to Sell the Property

John Luce

Bellator Real Estate, LLC Fair Listed on: 11/13/2018

Last Buyer's Agent

The Pete Vakakes Team

Century 21 J Carter & Company

Century 21 J Carter & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.25

Home Design

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

Interior Spaces

  • 1,795 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Property Views

Kitchen

  • Convection Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Garden Bath
  • Separate Shower

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • FORTIFIED Gold
  • Covered Patio or Porch
  • Level Lot

Community Details

  • Property has a Home Owners Association
  • Association fees include common area maintenance
  • The Colony At Fort Morgan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 67-06-14-3-001-008.013

Home Details

Home Type

Single Family

Est. Annual Taxes

$116

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry, Wood Frame, P-I-P Reinforced Concrete, Slab, Fortified-Gold, Other Foundation-See Rm
  • Construction Status: New Construction
  • Flood Zone: X
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Covered Patio, En-Suite, High Ceilings, Irrigation Sprinkler, Porch-Open, Patio, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Single Story
  • View: Western View
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-14-3-001-008.013
  • Year Built: 2018
  • 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, Convection Oven, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector, Cooktop
  • Estimated Living Area: 1795
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12 x 13, On Level: Main Level
  • Bedroom 3: Dimensions: 12 x 13, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 13 x 15, On Level: Main Level
  • Floors: Natural Stone, Vinyl
  • Great Room: Dimensions: 19 x 18, On Level: Main Level
  • Kitchen: Dimensions: 11 x 10, On Level: Main Level
  • Master Bed: Dimensions: 15 x 14, On Level: Main Level
  • Price Per Sq Ft: 200.56
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, 1st Floor Primary, Walk In Closet, Private Water Closet

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Central Heat, Heat Pump
  • Utilities: Gas-Natural, Sewage-City, Underground Utilities, Water Heater-Gas, Water Heater-Tankless, Water-City, Baldwin Emc, Gulf Shores Utilities, Riviera Utilities

Condo/Co-op/Association

  • Association Fees Include: Common Area Maintenance

Lot Info

  • Lot Block Unit: 10
  • Lot Description: Less Than 1 Acre, Level, No Trees

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 115.50
  • Assessor Parcel Number: 276330

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Schum Paul John and Schum Tonya B
Bought by
Schum Paul John and Schum Tonya B
Current Estimated Value
$546,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,451
Outstanding Balance
$329,319
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$216,805

Purchase Details

Closed on
Apr 15, 2021
Sold by
Schum Paul John
Bought by
Schum Paul John and Schum Tonya Burge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,451
Outstanding Balance
$329,319
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$216,805

Purchase Details

Listed on
Nov 13, 2018
Closed on
Jul 29, 2019
Sold by
Dgl Family Limited Partnership
Bought by
Schum Paul John
Seller's Agent
John Luce
Bellator Real Estate, LLC Fair
Buyer's Agent
The Pete Vakakes Team
Century 21 J Carter & Company
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$360,000
Interest Rate
3.82%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schum Paul John -- Accommodation
Schum Paul John -- Fidelity National Title
Schum Paul John $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schum Paul John $364,451
Closed Schum Paul John $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $360,000 -4.0% $201 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $375,000 -- $209 / 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 $1,470 $45,920 $6,200 $39,720
2023 $1,548 $48,260 $6,700 $41,560
2022 $1,218 $38,260 $0 $0
2021 $1,022 $32,260 $0 $0
2020 $980 $31,060 $0 $0
2019 $1,716 $52,000 $0 $0
2018 $231 $7,000 $0 $0
2017 $116 $3,500 $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

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Map

Source: Baldwin REALTORS®

MLS Number: 276669

Baldwin REALTORS®

APN: 67-06-14-3-001-008.013