NOT LISTED FOR SALE

1505 Canary Ct Gulf Shores, AL 36542

Estimated Value: $441,593 - $510,000

3 Beds
2 Baths
1,509 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $267,500 $177 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,637/month

104 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Corner Lot
  • Breakfast Area or Nook
  • Gulf Shores Elementary School Rated A-
  • Cottage
  • Attached Garage

About This Home

As of September 2018

BRAND NEW coastal cottage with 3 bedrooms & 2 baths home located less than 10 minutes from "downtown" Gulf Shores. This single story home is situated in a quiet wooded subdivision away from the chaos of the annual tourism invasion & traffic. The home boasts an open floor plan, upgraded plumbing & lighting fixtures, crown molding, back yard porch, custom cabinets, irrigation system & 2-car side entry garage. The home is built to the "fortified gold standard" resulting in significantly reduced homeowners insurance & power bills. The entire subdivision is in a FEMA "X" Zone: flood insurance is inexpensive but not required for most mortgages. The home's attic was insulated with spray foam and is equipped with an on-demand tankless water heating system. The home is located 2 miles from Mo's Landing public boat ramp to Little Lagoon, approx. 3 miles from both the Peninsula Golf & Raquet Club (with public golf access) and the Gulf Shores Golf Club & only about 5 miles from downtown Gulf Shores and the beautiful white sandy beach on the Gulf of Mexico. The 5+ miles long Fort Morgan bike & walking/jogging trail runs right beside the subdivision.

Last Agent to Sell the Property

Rick Phillips

Advantage Real Estate Listed on: 04/23/2018

Last Buyer's Agent

Brian Gibbons

State Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65 x 150
  • Corner Lot
  • Few Trees
  • Property is zoned Within Corp Limits

Parking

  • Attached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Double Pane Windows
  • Dining Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Property has a Home Owners Association
  • The Colony At Fort Morgan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 67-06-14-3-001-008-.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$664

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: New Construction
  • Home Warranty: Yes
  • Intersecting Street: Dorado Way
  • Mineral Rights: No Rights
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Type of Unit: Ground Floor
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-14-3-001-008-.004
  • Year Built: 2018
  • Governing Municipality: Gulf Shores
  • Subdivsn Or Commnty: The Colony at Fort Morgan
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 1509
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10.6x12.8, On Level: Main Level
  • Bedroom 3: Dimensions: 10.6x13.8, On Level: Main Level
  • Bedrooms: 3
  • Breakfast Room: Dimensions: 16x6, On Level: Main Level
  • Dining Area: Dimensions: 12.8x10.6, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Separate Dining Room
  • Fireplace: No Fireplace
  • Floors: Tile
  • Kitchen: Dimensions: 14x14, On Level: Main Level
  • Living Room: Dimensions: 14x18, On Level: Main Level
  • Master Bed: Dimensions: 14.7x11, On Level: Main Level
  • Price Per Sq Ft: 177.27
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Walk In Closet

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Heat Pump
  • Utilities: Gas-Natural, Baldwin Emc, Gulf Shores Utilities

Lot Info

  • Estimated Lot Size: 0.22
  • Lot Block Unit: 1//
  • Lot Description: Less Than 1 Acre, Corner Lot, Some Trees
  • Lot Size: 65 X 150
  • Number Lots: 1

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Tankless Water Heater

Tax Info

  • Property Taxes: 664
  • Assessor Parcel Number: 276321

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Sep 14, 2018
Sold by
Mclemore Construcation Inc
Bought by
Sears Donna L
Seller's Agent
Rick Phillips
Advantage Real Estate
Buyer's Agent
Brian Gibbons
State Realty
List Price
$285,000
Sold Price
$267,500
Premium/Discount to List
-$17,500
-6.14%
Current Estimated Value
$485,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,398
Avg. Annual Appreciation
8.57%
Original Mortgage
$142,500
Outstanding Balance
$124,012
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$361,886

Purchase Details

Closed on
May 9, 2017
Sold by
Cji Llc
Bought by
Mclemore Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sears Donna L $125,000 Professional Land Title Inc
Mclemore Construction Inc $30,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Donna L $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $267,500 -6.1% $177 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $285,000 -- $189 / 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 $1,002 $38,520 $6,200 $32,320
2023 $1,055 $40,540 $6,700 $33,840
2022 $837 $32,320 $0 $0
2021 $693 $27,200 $0 $0
2020 $672 $26,060 $0 $0
2019 $742 $23,840 $0 $0
2018 $664 $20,120 $0 $0
2017 $116 $3,500 $0 $0
2016 $116 $3,500 $0 $0
2015 $83 $2,500 $0 $0
2014 $50 $1,500 $0 $0
2013 -- $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rick Phillips

    Advantage Real Estate

    (251) 948-4444

    11 in this area

    28 Total Sales

    Rick Phillips
    Section Image
  • Brian Gibbons

    Buyer's Agent in 2018

    Brian Gibbons

    State Realty

    (251) 424-5602

    7 in this area

    22 Total Sales

    Brian Gibbons
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 268786

Baldwin REALTORS®

APN: 67-06-14-3-001-008.004

Alabama Baldwin County Gulf Shores 36542

1505 Canary Ct, Gulf Shores, AL

Not Listed for Sale

Detached

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