NOT LISTED FOR SALE

1240 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $1,087,000 - $1,321,000

3 Beds
2 Baths
1,380 Sq Ft
$901/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $535,000 $388 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $7,210/month

6 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a lagoon or estuary
  • Covered Patio or Porch
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • Tile Flooring

About This Home

As of January 2021

Charming upgraded home on Little Lagoon! Little lagoon is perfect for swimming, fishing, kayaking, and boating. This home is also conveniently located minutes from the main public beach, the popular Hangout restaurant, the Gulf State Park, and shopping. You can't beat the direct water views and sunsets you can experience from the back porch, which offers plenty of space for your guests! You can also enjoy the views while you're cooking in the kitchen or relaxing in the living room. The interior has been remodeled and features beautiful coastal paint colors, wood plank tile flooring, and stainless appliances. There is parking underneath the home, as well as a huge storage area for all of your water toys! The pier has a slip for your boat, and there is also a seawall. The home feels more private with its long paved driveway back to the water, as well as the fencing on both sides of the property. Other features include a basketball goal and a new outside heat pump. This property can be used as a rental or a 2nd home. Note: All furniture conveys except for 3 pictures.

Last Agent to Sell the Property

The Dusty Cole Team

RE/MAX on the Coast Listed on: 12/22/2020

Last Buyer's Agent

Dana Hammele

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $955

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 50x320
  • Home fronts a lagoon or estuary

Parking

  • Garage

Home Design

  • Raised Foundation
  • Metal Roof
  • Concrete Fiber Board Siding
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Community Beach Access

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-4-000-003.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$955

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Covered Patio, Porch-Open, Storage-Out, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Direct Lagoon Front
  • Parcel Id Tax Id: 67-06-24-4-000-003.000
  • Year Built: 1980
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 1380
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x12, On Level: Main Level
  • Bedroom 3: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 11x11, On Level: Main Level
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10x12, On Level: Main Level
  • Living Room: Dimensions: 12x16, On Level: Main Level
  • Master Bed: Dimensions: 11x12, On Level: Main Level
  • Primary Bedroom Bathroom: Shower Only, Single Vanity
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 387.68
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Water-City, Baldwin Emc

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 10
  • Lot Description: Less Than 1 Acre
  • Lot Size: 50x320

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 954.90
  • Assessor Parcel Number: 041025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2015
Sold by
Nelson Sylvia D
Bought by
Wilkins Joseph Steven and Wilkins Gwen Ellen
Current Estimated Value
$1,243,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$312,835
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$930,861
Source: Public Records

Range of Values:

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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
Wilkins Joseph Steven $540,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Joseph Steven $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $535,000 -2.6% $388 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $549,000 +37.3% $398 / Sq Ft
02/01/2019 02/01/19 Sold $400,000 0.0% $290 / Sq Ft View Prior Sale
01/19/2019 01/19/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $400,000 -- $290 / 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 $8,406 $254,720 $92,600 $162,120
2023 $8,014 $242,860 $78,960 $163,900
2022 $5,620 $170,300 $0 $0
2021 $4,161 $125,600 $0 $0
2020 $4,062 $121,900 $0 $0
2019 $3,830 $114,760 $0 $0
2018 $3,713 $111,580 $0 $0
2017 $3,378 $101,400 $0 $0
2016 $2,558 $76,540 $0 $0
2015 $2,475 $73,980 $0 $0
2014 $2,496 $74,460 $0 $0
2013 -- $70,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Dusty Cole Team

    Seller's Agent in 2021

    The Dusty Cole Team

    RE/MAX on the Coast

    (251) 978-8600

    154 in this area

    749 Total Sales

    The Dusty Cole Team
    Section Image
  • Dana Hammele

    Buyer's Agent in 2021

    Dana Hammele

    RE/MAX

    (251) 928-7474

    23 in this area

    59 Total Sales

    Dana Hammele
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 307478

Baldwin REALTORS®

APN: 67-06-24-4-000-034.001

Alabama Baldwin County Gulf Shores 36542

1240 W Lagoon Ave, Gulf Shores, AL

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