NOT LISTED FOR SALE

1288 Mako Loop Gulf Shores, AL 36542

Estimated Value: $611,854 - $632,000

4 Beds
3.5 Baths
2,219 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $350,500 $158 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,723/month

Highlights

  • Fishing Pier
  • Access To Lagoon or Estuary
  • Lagoon View
  • Gulf Shores Elementary School Rated A-
  • New Construction
  • Waterfront

About This Home

As of March 2020

Location! Location! Location! New construction in a beautiful new community, Waterside Resort, on Little Lagoon with Community Pool and Fishing Pier! Homes built to Gold Fortified Standards featuring 5 inch birch hardwoods, 18 inch ceramic tile in bathrooms and laundry, granite countertops and vanities. Open kitchen features stainless Frigidaire appliances, painted upgraded cabinets with soft close doors, pantry and lots of granite counter space. Spacious master bedroom with his & hers walk-in closets and private balcony. Master bath has dual sink granite vanity,ceramic tile shower and large linen closet. Photos are representational from existing model home of same floor plan, and not subject property that's under construction. Estimated construction completion end of August, 2019. Seller pays up to $3000 towards closing cost with preferred lender. * This home is being built to Gold FORTIFIED HomeTM certification, which may save the buyer on their homeowner’s insurance. (See Sales Representative for details.) Under construction **Pictures are of similar home and not necessarily of subject property, including interior and exterior colors, options, and finishes.

Last Agent to Sell the Property

Tim Maatouk

DHI Realty of Alabama, LLC Listed on: 08/18/2019

DHI Realty of Alabama, LLC

Last Buyer's Agent

Tim Maatouk

DHI Realty of Alabama, LLC Listed on: 08/18/2019

DHI Realty of Alabama, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $627

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 35x115x83x100
  • Waterfront
  • Few Trees
  • Property is zoned Within Corp Limits

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Dimensional Roof
  • Ridge Vents on the Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,219 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Combination Dining and Living Room
  • Lagoon Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • FORTIFIED Gold
  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Access To Lagoon or Estuary

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • SEER Rated 14+ Air Conditioning Units
  • Heat Pump System
  • Underground Utilities

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05-66-04-18-4-000-043.007

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, recreational facilities, taxes-common area
  • Waterside Resort Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fishing Pier
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$627

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab, Fortified-Gold
  • Construction Status: New Construction
  • Flood Zone: AE
  • Home Warranty: Yes
  • Intersecting Street: Fort Morgan Road
  • Property Amenities: Automatic Garage Door, Carbon Monoxide Detector, Ceiling Fan(s), High Ceilings, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Craftsman
  • View: Indirect Lagoon Side
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Parcel Id Tax Id: 05-66-04-18-4-000-043.007
  • Year Built: 2019
  • Geo Subdivision: AL
  • Garage Carport Dimension: 12.8x18.10
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living Room
  • Subdivsn Or Commnty: Waterside Resort
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Smoke Detector
  • Estimated Living Area: 2219
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 14x12, On Level: 2
  • Bedroom 3: Dimensions: 11.6x14, On Level: 2
  • Bedroom 4: Dimensions: 13x10.10, On Level: 2
  • Bedrooms: 4
  • Dining Area: Dimensions: 10x12.3, On Level: Main Level
  • Dining Area Type: Breakfast Bar, Lvg/Dng/Ktchn Combo
  • Floors: Carpet, Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 9x10, On Level: Main Level
  • Living Room: Dimensions: 15.4x14.6, On Level: Main Level
  • Master Bed: Dimensions: 12.8x13.2, On Level: Main Level
  • Price Per Sq Ft: 157.95
  • Property Interior Stories: 2
  • Rec Room Level: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Multiple Walk in Closets, Balcony/Patio

Exterior Features

  • Body Of Water: Little Lagoon
  • Exterior Finish: Concrete Board
  • Roof: Dimensional
  • Waterfront: Yes
  • Water Property Type: Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Single Garage

Utilities

  • Heat Cooling: Heat Pump, Heat Pump (Cool)
  • Utilities: Sewage-City, Underground Utilities, Water-City, Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 1624
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Taxes-Common Area
  • Community Amenities: Fishing Pier, Pool - Outdoor

Fee Information

  • Transfer Fees: Yes

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Energy Effic Appliances, Energy Star Air Cond, Energy Star Heating, Energy Star Windows, Ridge Vent, Seer 14

Lot Info

  • Lot Block Unit: 5
  • Lot Description: Less Than 1 Acre, Some Trees
  • Lot Size: 35x115x83x100

Tax Info

  • Property Taxes: 627 land
  • Assessor Parcel Number: 373206

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2019
Closed on
Mar 31, 2020
Sold by
D R Horton Inc Birmingham
Bought by
Corker Rickey D and Corker Iris A
Seller's Agent
Tim Maatouk
DHI Realty of Alabama, LLC
Buyer's Agent
Tim Maatouk
DHI Realty of Alabama, LLC
List Price
$338,650
Sold Price
$350,500
Premium/Discount to List
$11,850
3.5%
Total Days on Market
0
Current Estimated Value
$621,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,714
Avg. Annual Appreciation
11.74%
Original Mortgage
$335,445
Outstanding Balance
$300,999
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$323,853
Source: Public Records

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Range of Values:

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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
Corker Rickey D $350,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corker Rickey D $335,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $350,500 +3.5% $158 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $338,650 -- $153 / 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 $1,412 $54,000 $8,060 $45,940
2023 $1,408 $53,840 $8,720 $45,120
2022 $1,117 $42,880 $0 $0
2021 $1,199 $36,120 $0 $0
2020 $429 $13,000 $0 $0
2019 $462 $14,000 $0 $0
2018 $347 $10,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 287839

Baldwin REALTORS®

APN: 66-04-18-4-000-043.007