NOT LISTED FOR SALE

1292 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $1,513,000 - $1,794,847

8 Beds
6 Baths
6,648 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $830,000 $125 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $9,541/month

206 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Community Beach Access
  • In Ground Pool
  • Gulf Shores Elementary School Rated A-
  • Fishing Pier
  • Home fronts a lagoon or estuary

About This Home

As of May 2019

Lagoon Front Duplex w/ Pool~Both Sides For Sale!! Upgrades include a beautiful fenced pool & deck which leads to the pier, covered gazebo and dock overlooking Little Lagoon! New carpet, appliances, and kitchen cabinets! Main levels include Living/Kitchen/Dining area, full bath and a guest bedroom with access to the large balcony overlooking the pool and access to the front balcony. Main level rear balconies of both sides are connected by a walkway. 2nd floor includes Master Bedroom and Full Bathroom w/ private balcony, 2 guest bedrooms, full bathroom, and spacious bunk alcove w/ double size bunk bed. Large carport underneath w/ separate storage for each unit. Each side can sleep up to 12 people with income potential of $55K-$65K per side! Entire Duplex is sold furnished and ready to rent!! Sq.Ft noted includes both sides.

Last Agent to Sell the Property

The Kevin Corcoran Team

RE/MAX of Gulf Shores Listed on: 08/22/2018

RE/MAX of Gulf Shores

Last Buyer's Agent

Doug Grantham

REMAX OF ORANGE BEACH-CANAL BR

REMAX OF ORANGE BEACH-CANAL BR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 2006

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 70x348
  • Home fronts a lagoon or estuary
  • 70 Feet of Waterfront
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 6,648 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Termite Clearance

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • In Ground Pool
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-4-000-014.000

Community Details

Overview

  • 2 Units
  • Carl T Martin Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing Pier
  • Community Beach Access

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,812

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Construction Foundation: Wood Frame, Slab & Piers
  • Construction Status: Resale
  • Flood Zone: VE
  • Property Amenities: Bunk Alcove, Cable, Ceiling Fan(s), Condo Balc Grill Allowed, En-Suite, Partially Fenced, High Ceilings, Internet, Storage-In, Storage-Out, Termite Contract, Pool-Inground (Home)
  • Property Type: Duplex
  • View: Direct Lagoon Front
  • Zoning Area: 2+ Family Residence
  • Named Waterfrnt: Yes
  • Parcel Id Tax Id: 67-06-24-4-000-014.000
  • Structure Style: Multi-Story
  • Year Built: 2006
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Property Legal Description: 70' X 384'(S) LOT 21 BLK A CARL T MARTIN UNIT OF GULF SHORES PB3 PG54 IN THE CITY OF GULF SHORES SEC
  • Subdivsn Or Commnty: Carl T Martin
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 6648
  • Bathrooms: 6
  • Bedroom 2: Dimensions: 10x12, On Level: 2
  • Bedroom 3: Dimensions: 13x12, On Level: 2
  • Bedroom 4: Dimensions: 12x12, On Level: Main Level
  • Bedroom 5: On Level: 2
  • Bedrooms: 8
  • Dining Area: Dimensions: 14x8, On Level: Main Level
  • Dining Area Type: Breakfast Bar, Lvg/Dng/Ktchn Combo
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10x14, On Level: Main Level
  • Living Room: Dimensions: 16x21, On Level: Main Level
  • Master Bed: Dimensions: 14x16, On Level: 2
  • Other Room: Dimensions: 11x6, On Level: 2
  • Other Rooms: Bonus Room, Living Room
  • Price Per Sq Ft: 124.85
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Sitting Area, Walk In Closet, Balcony/Patio, Private Water Closet

Exterior Features

  • Waterfront Frontage: 70
  • Boat Facilities: Water Available
  • Body Of Water: Little Lagoon
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Lagoon Front - Building

Garage/Parking

  • Garage Parking: Double Carport, Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Central Heat
  • Utilities: Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Community Amenities: Bbq Area, Fishing Pier, Pets - Allowed
  • Condo Building Stories: 2

Lot Info

  • Estimated Lot Size: 0.59
  • Lot Block Unit: 21
  • Lot Size: 70x348

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 3811.5
  • Assessor Parcel Number: 67758

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Robison Craig D
Bought by
Blue Runner Realty Llc
Current Estimated Value
$1,667,962

Purchase Details

Listed on
Aug 22, 2018
Closed on
Apr 29, 2019
Sold by
Mcvestments Llc
Bought by
Robinson Craig D
Seller's Agent
The Kevin Corcoran Team
RE/MAX of Gulf Shores
Buyer's Agent
Doug Grantham
REMAX OF ORANGE BEACH-CANAL BR
List Price
$874,000
Sold Price
$830,000
Premium/Discount to List
-$44,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$622,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
La Consulting Inc
Bought by
Mcvestments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,320
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 2013
Sold by
Williams Glenn and Bobo Michael
Bought by
La Consulting Inc

Purchase Details

Closed on
Apr 17, 2008
Sold by
Pierotich John J
Bought by
Williams Glenn and Bobo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
Mccaw George
Bought by
Williams Glenn and Pierotich John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blue Runner Realty Llc $1,189,000 Olmstead Harrell & Garner Llc
Robinson Craig D -- None Available
Mcvestments Llc $548,320 None Available
La Consulting Inc $425,000 None Available
Williams Glenn $850,500 Clearing Title
Williams Glenn -- None Available
Mccaw George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Craig D $622,500
Previous Owner Mcvestments Llc $473,320
Previous Owner Williams Glenn $850,000
Previous Owner Williams Glenn $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $830,000 -5.0% $125 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
08/22/2018 08/22/18 For Sale $874,000 -- $131 / 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 $9,719 $294,520 $52,120 $242,400
2023 $9,234 $279,820 $54,980 $224,840
2022 $7,339 $222,380 $0 $0
2021 $5,154 $152,680 $0 $0
2020 $5,876 $175,560 $0 $0
2019 $4,852 $144,540 $0 $0
2018 $3,894 $115,500 $0 $0
2017 $3,754 $113,360 $0 $0
2016 $3,598 $109,040 $0 $0
2015 -- $97,540 $0 $0
2014 -- $86,480 $0 $0
2013 -- $86,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Kevin Corcoran Team

    Seller's Agent in 2019

    The Kevin Corcoran Team

    RE/MAX

    (251) 948-2400

    155 in this area

    277 Total Sales

    The Kevin Corcoran Team
    Section Image
  • Doug Grantham

    Buyer's Agent in 2019

    Doug Grantham

    RE/MAX

    (251) 747-5710

    17 in this area

    129 Total Sales

    Doug Grantham
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 293672

Baldwin REALTORS®

APN: 67-06-24-4-000-014.000

Alabama Baldwin County Gulf Shores 36542

1292 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.

Nearby Homes