NOT LISTED FOR SALE

125 E 22nd Ave Unit 5 Gulf Shores, AL 36542

Estimated Value: $188,000 - $236,000

2 Beds
1 Bath
841 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: July 23, 2021

Last sale price $140,000 $166 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,571 / mo

27 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Community Wi-Fi
  • Gulf Shores Elementary School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Canal Park

About This Home

As of July 2021

Great ground-floor condo on the island! This unit was remodeled and used a long-term rental at $1,400/mo.

Last Agent to Sell the Property

Sheila Kean

Wild Oak Properties LLC Listed on: 05/22/2021

Last Buyer's Agent

Dominique Rattner

Realty Executives Gulf Coast

Realty Executives Gulf Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $583

Year Built

  • Built in 1976

Lot Details

  • 0.86

HOA Fees

  • $361 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 841 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Satellite Dish

Additional Features

  • Covered Patio or Porch
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 66-03-08-4-000-005.000-905

Community Details

Overview

  • Association fees include pool, management, cable, common area insurance, common area maintenance, internet, pest control, reserve funds, taxes-common area, trash
  • Bridgeway Community

Amenities

  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$583

Year Built

Built in 1976

Lot Details

0.86 Acres

HOA Fees

$361 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Covered Patio, Internet
  • Property Type: Residential Attached
  • Style: Condo
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-03-08-4-000-005.000-905
  • Year Built: 1976
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/Ice Maker, Microwave, Range-Electric, Stack Washer/Dryer
  • Estimated Living Area: 841
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 14.2 x 10.5, On Level: Main Level
  • Bedrooms: 2
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 11 x 14, On Level: Main Level
  • Living Room: Dimensions: 16 x 11, On Level: Main Level
  • Master Bed: Dimensions: 11 x 10.4, On Level: Main Level
  • Price Per Sq Ft: 166.47
  • Property Interior Stories: 1
  • Unit Floor: 1

Exterior Features

  • Exterior Finish: Brick
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 361
  • Association Fees Include: Pool, Association Management, Cable, Common Area Insurance, Common Area Maintenance, Internet, Pest Control, Reserve Funds, Taxes-Common Area, Trash
  • Community Amenities: Bbq Area, Covered Entry, Internet, Landscaping, Pool - Outdoor, Pets - Owners Only, Satellite Tv
  • Condo Building Stories: 2
  • Condo Complex: Bridgeway

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 583
  • Assessor Parcel Number: 050272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 14, 2021
Sold by
Clement Tom F and Clement Frances R
Bought by
Light Cory James and Light Brittany Ann
Seller's Agent
Sheila Kean
Wild Oak Properties LLC
Buyer's Agent
Dominique Rattner
Realty Executives Gulf Coast
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$208,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,232
Avg. Annual Appreciation
8.76%
Original Mortgage
$112,000
Outstanding Balance
$100,120
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$108,112

Purchase Details

Listed on
Jul 28, 2014
Closed on
May 29, 2015
Sold by
Hogan Rodney
Bought by
Clement Tom F and Clement Frances R
Seller's Agent
Lee Mason
RE/MAX Gulf Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%

Purchase Details

Listed on
Mar 10, 2014
Closed on
May 30, 2014
Sold by
Malvis Llc
Bought by
Hogan Rodney
Seller's Agent
Davis / Malone Team
Coldwell Banker Coastal Realty
Buyer's Agent
Virginia Coate
RE/MAX Gulf Properties
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Mar 3, 2014
Sold by
Cagle Herschel C and Cagle Linda C
Bought by
The Bank Of New York Mellon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Light Cory James $140,000 Herbert Law Firm Llc
Clement Tom F $60,000 Ct
Hogan Rodney $58,000 None Available
The Bank Of New York Mellon $47,601 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Cory James $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2021 07/23/21 Sold $140,000 0.0% $166 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $140,000 0.0% $166 / Sq Ft
06/04/2021 06/04/21 Price Changed $140,000 +5.3% $166 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $133,000 +121.7% $158 / Sq Ft
05/29/2015 05/29/15 Sold $60,000 0.0% $71 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
07/28/2014 07/28/14 For Sale $60,000 +3.4% $71 / Sq Ft
05/31/2014 05/31/14 Sold $58,000 0.0% $69 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $58,000 -- $69 / Sq Ft
Source: Baldwin REALTORS®

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
2025 $1,276 $38,680 $0 $38,680
2024 $1,332 $40,360 $0 $40,360
2023 $1,110 $33,640 $0 $33,640
2022 $916 $27,760 $0 $0
2021 $627 $18,500 $0 $0
2020 $599 $17,660 $0 $0
2019 $544 $15,980 $0 $0
2018 $500 $14,640 $0 $0
2017 $488 $14,300 $0 $0
2016 $399 $11,600 $0 $0
2015 $394 $11,440 $0 $0
2014 -- $5,480 $0 $0
2013 -- $5,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 314430

Baldwin REALTORS®

APN: 66-03-08-4-000-005.000-905

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