NOT LISTED FOR SALE

1393 W Lagoon Ave Unit A&B Gulf Shores, AL 36542

Estimated Value: $883,000 - $1,084,189

6 Beds
6 Baths
2,490 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $420,000 $169 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,492/month

206 Days on Market

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean
  • Main Floor Primary Bedroom
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Furnished

About This Home

As of September 2018

BEACHY DUPLEX!!! Heart of Gulf Shores, 2 blocks from BEACH! Large capacity rentals are in high demand. Both sides (A & B ) of this duplex are being offered at a great price. Deeded as one property, - so should be easy to finance! The recently freshened interior is ready for renters. A connecting door allows this to be used as a 6 bedroom 4 bath rental. So you could rent 3 ways: Unit A as a 3 bedroom/2 bath, Unit B as a 3 bedroom/2 bath and/or UNITS A & B as a 6 bedroom 4 bath rental. A quote to add a pool is available, (Approximately $25,000) potentially increasing the annual rentals to $80,000.00. Views of the Gulf from the balcony and close to the public beach at 13th st with parking. Seller is offering a $10,000.00 flooring allowance to the buyer with an acceptable offer.

Last Agent to Sell the Property

Amy Norris

Bellator RE LLC Orange Beach Listed on: 01/23/2018

Bellator RE LLC Orange Beach

Co-Listed By

Judah Castagne

Bellator RE LLC Orange Beach

Last Buyer's Agent

Debra Wood

Engel and Volkers Gulf Shores License #101349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1994

Lot Details

  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Utility Room Outside
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • 4 Car Parking Spaces

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary

Schools

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

Utilities

  • Central Heating and Cooling System
  • Geothermal Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-3-001-105.000

Community Details

Overview

  • Gulf Shores Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,748

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Ceiling Fan(s)
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Duplex
  • View: Indirect Gulf Side
  • Parcel Id Tax Id: 67-06-24-3-001-105.000
  • Year Built: 1994
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Subdivsn Or Commnty: Gulf Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 2490
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12 x 11, On Level: Main Level
  • Bedroom 3: Dimensions: 11 x11, On Level: Main Level
  • Bedrooms: 6
  • Dining Area: Dimensions: 10 x 8, On Level: Main Level
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile, Vinyl
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 10 x 9, On Level: Main Level
  • Living Room: Dimensions: 14 x 9, On Level: Main Level
  • Master Bed: Dimensions: 14 x 10, On Level: Main Level
  • Other Rooms: Utility Room-Outside
  • Price Per Sq Ft: 168.67
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

  • Exterior Finish: Vinyl
  • Roof: Composition Shingle
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Parking Spaces: 4
  • Garage Parking: Double Carport, Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Sewage-City, Underground Utilities, Water Heater-Electric, Water-City, Baldwin Emc, Gulf Shores Utilities

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Geothermal Hvac

Lot Info

  • Lot Block Unit: E1/2 BLK E
  • Lot Description: Less Than 1 Acre, Level

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1748.34
  • Assessor Parcel Number: 72445

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
Jan 23, 2018
Closed on
Sep 13, 2018
Sold by
Soucier Ronald J and Soucier Daniel J
Bought by
Summerford Gregory A and Summerford Marie A
Seller's Agent
Amy Norris
Bellator RE LLC Orange Beach
Buyer's Agent
Debra Wood
Engel and Volkers Gulf Shores
List Price
$469,000
Sold Price
$420,000
Premium/Discount to List
-$49,000
-10.45%
Current Estimated Value
$954,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,047
Avg. Annual Appreciation
12.21%
Original Mortgage
$315,000
Outstanding Balance
$274,133
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$679,914
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
Summerford Gregory A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerford Gregory A $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $420,000 -8.5% $169 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
04/04/2018 04/04/18 Price Changed $459,000 -2.1% $184 / Sq Ft
01/23/2018 01/23/18 For Sale $469,000 -- $188 / 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 $5,975 $181,060 $50,920 $130,140
2023 $5,784 $175,260 $43,420 $131,840
2022 $4,081 $123,660 $0 $0
2021 $2,194 $63,160 $0 $0
2020 $3,166 $93,940 $0 $0
2019 $2,519 $74,320 $0 $0
2018 $1,791 $53,160 $0 $0
2017 $1,769 $52,560 $0 $0
2016 $1,792 $52,980 $0 $0
2015 -- $51,460 $0 $0
2014 -- $53,460 $0 $0
2013 -- $49,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 264718

Baldwin REALTORS®

APN: 67-06-24-3-001-105.000