NOT LISTED FOR SALE

1275 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $1,538,000 - $1,779,210

6 Beds
6 Baths
3,000 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,595,000 $532 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,507/month

87 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • New Construction
  • Gulf View
  • Gulf Shores Elementary School Rated A-
  • In Ground Pool
  • FORTIFIED Gold

About This Home

As of December 2023

Just completed unique designed top and bottom duplex with saltwater pool and elevator. Vaulted ceilings in the top floor unit with awesome views of the gulf from the kitchen/living room combo. Tiled throughout with beautiful kitchen and bath designs featuring large walk-in showers. Property is being sold unfurnished at this time. Large balconies overlooking the pool and the Gulf of Mexico to the south and the lagoon from the north facing side. Built by Tom Martin Homebuilders - awesome rental investment with owner financing with 25% down payment and a 3-year balloon. The duplex can be rented as two separate 3-bedroom 3 bath units or as a 6-bedroom 6 bath house. This is a must see for the investment minded buyer.

Last Agent to Sell the Property

Randy Hilsman

EXIT Realty Gulf Shores License #48532 Listed on: 09/18/2023

Last Buyer's Agent

Randy Hilsman

EXIT Realty Gulf Shores License #48532 Listed on: 09/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 50 x 200
  • Partially Fenced Property

Property Views

  • Gulf
  • Lagoon

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Hardboard

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • 1 Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Eco-Friendly Details

  • FORTIFIED Gold

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Outdoor Storage
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • Gulf Shores Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05-67-06-24-4-000-029.017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Fortified-Gold, Pilings, Fortified Roof, Wood Frame
  • Construction Status: New Construction
  • Home Warranty: Yes
  • Property Amenities: Ceiling Fan(s), Private Elevator, En-Suite, Fenced, Partially Fenced, High Ceilings, Internet, Porch-Open, Storage-In, Storage-Out, Termite Contract, Vaulted Ceiling, Pool-Inground (Home), Porch-Back, Porch-Front
  • Property Type: Residential Attached
  • Style: Duplex
  • View: Indirect Gulf Side, Indirect Lagoon-Across Rd
  • Parcel Id Tax Id: 05-67-06-24-4-000-029.017
  • Year Built: 2023
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: New Construction by Tom Martin Homebuilders - unique design as top and bottom design with elevator.
  • Subdivsn Or Commnty: Gulf Shores
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/Ice Maker, Microwave, Range-Electric, Smoke Detector, Washer
  • Estimated Living Area: 3000
  • Bathrooms: 6
  • Bedroom 2: Dimensions: 15 X 12, On Level: Main Level
  • Bedroom 3: Dimensions: 12 X 12, On Level: Main Level
  • Bedroom 4: Dimensions: 15 X 12, On Level: Main Level
  • Bedroom 5: Dimensions: 15 X 12, On Level: Main Level
  • Bedrooms: 6
  • Elevators: 1
  • Floors: Tile
  • Kitchen: Dimensions: 15 X 10, On Level: Main Level
  • Living Dining: Dimensions: 15 X 20, On Level: Main Level
  • Master Bed: Dimensions: 12 X 15, On Level: Main Level
  • Price Per Sq Ft: 531.67
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Shower Only

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Metal
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

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

Lot Info

  • Lot Description: Less Than 1 Acre
  • Lot Size: 50 X 200

Tax Info

  • Property Taxes: 1433
  • Assessor Parcel Number: 76280

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Dec 22, 2023
Sold by
W Lagoonave Llc
Bought by
Golfview Montgomery Llc
Seller's Agent
Randy Hilsman
EXIT Realty Gulf Shores
Buyer's Agent
Randy Hilsman
EXIT Realty Gulf Shores
List Price
$1,495,000
Sold Price
$1,595,000
Premium/Discount to List
$100,000
6.69%
Views
19
Current Estimated Value
$1,665,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,803
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,425,000
Outstanding Balance
$1,401,073
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$264,730

Purchase Details

Closed on
Apr 6, 2022
Sold by
Lorio Jr Joseph J
Bought by
W Lagoon Ave Llc
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
Golfview Montgomery Llc $1,595,000 None Listed On Document
W Lagoon Ave Llc $225,000 Rynes Law Firm Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golfview Montgomery Llc $1,425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $1,595,000 +6.7% $532 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $1,495,000 -- $498 / 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 $9,253 $280,380 $50,920 $229,460
2023 $1,433 $43,420 $43,420 $0
2022 $686 $20,800 $0 $0
2021 $554 $16,800 $0 $0
2020 $541 $16,400 $0 $0
2019 $487 $14,760 $0 $0
2018 $487 $14,760 $0 $0
2017 $475 $14,400 $0 $0
2016 $475 $14,400 $0 $0
2015 $475 $14,400 $0 $0
2014 $517 $15,680 $0 $0
2013 -- $13,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Randy Hilsman

    EXIT Realty Gulf Shores

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 351849

Baldwin REALTORS®

APN: 67-06-24-4-000-029.017

Alabama Baldwin County Gulf Shores 36542

1275 W Lagoon Ave, Gulf Shores, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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