NOT LISTED FOR SALE

1505 Sable Ct Unit 1505 Sabal Cove Gulf Gulf Shores, AL 36542

Estimated Value: $619,221 - $642,000

0.13 Acre
$4,867,731 Price per Acre
5,663 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $56,000

Est. 1,030% increase in value since last sale

Current estimated payment $3,623/month

6 Days on Market

About This Lot

As of September 2022

LARGE, CUL DE SAC LOT located in The Colony at Fort Morgan subdivision!! With the demand of GULF SHORES continuing to increase day by day this is a perfect place to build a NEW home. Water access is only 3/10 mile away, The lot is high and dry and is NOT located in a flood zone, sparing you the expenses associated with flood insurance. The Colony at Fort Morgan is a newer subdivision that's tucked away, but still close enough to all the thrills of Gulf Shores. Mo's landing is under 2 miles away, which offers a public boat launch for recreational boating, access points for kayaks and canoes, and fishing. COME ENJOY ISLAND LIFE AT THE FULLEST!! ADDRESS IS 1505 SABAL COVE WORKING TO CORRECT THE STREET IN THE MLS

Last Agent to Sell the Property

Beach Blvd Team

eXp Realty Southern Branch Listed on: 09/08/2022

Co-Listed By

Tyler Morgan

LPT Realty, LLC

Last Buyer's Agent

Beach Blvd Team

eXp Realty Southern Branch Listed on: 09/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $333

Lot Details

  • Cul-De-Sac
  • Irregular Lot
  • 12 Lots in the community

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Community Details

  • The Colony At Fort Morgan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 67-06-14-3-001-008.015

Property Details

Property Type

Land

Est. Annual Taxes

$333

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Lots And Land
  • Flood Zone: X,0.2 PCT
  • Property Type: Residential Lots
  • Lot Type: Cul-De-Sac
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-14-3-001-008.015
  • Geo Subdivision: AL
  • Property Legal Description: 36.9' X 151.8' IRR LOT 12 THE COLONY AT FORT MORGAN SUB SLID E 2242-A &B IN CITY OF GULF SHORES SEC
  • Subdivsn Or Commnty: The Colony at Fort Morgan
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Property Type: No Waterfront

Utilities

  • Utilities: Water-City, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 500
  • Association Management Email: xx

Lot Info

  • Lot Block Unit: 12
  • Lot Description: Less Than 1 Acre, Cul-De-Sac, Irregular-See Remarks
  • Lot Size: 36.9' X 151.8' IRR
  • Number Lots: 12

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 333.30
  • Assessor Parcel Number: 276332

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Beach Jeffrey E and Beach Pamela J
Bought by
King Stephen Roland Scott and King Carrie
Current Estimated Value
$632,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,451
Outstanding Balance
$430,975
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$201,830

Purchase Details

Closed on
Nov 17, 2023
Sold by
Seaside Enterprizes Llc
Bought by
Beach Jeffrey E and Beach Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2022
Sold by
Bronicki Angela
Bought by
Seaside Enterprizes Llc

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 30, 2022
Sold by
Premier Choice Realty And Investments Ll
Bought by
Liversedge Pearce and Bronicki Angela
Seller's Agent
Beach Blvd Team
eXp Realty Southern Branch
Buyer's Agent
Beach Blvd Team
eXp Realty Southern Branch
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.35%

Purchase Details

Closed on
Mar 11, 2022
Sold by
Cji Llc
Bought by
Premier Choice Realty and Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
King Stephen Roland Scott $632,451 Law And Land Title
Beach Jeffrey E $505,000 None Listed On Document
Seaside Enterprizes Llc $63,000 --
Liversedge Pearce $56,000 None Listed On Document
Premier Choice Realty $59,900 Land Title
Premier Choice Realty $59,900 Land Title
Premier Choice Realty $59,900 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Stephen Roland Scott $432,451
Previous Owner Beach Jeffrey E $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $56,000 -6.5% --
09/14/2022 09/14/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $59,900 -- --
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 $3,039 $92,080 $12,400 $79,680
2023 $442 $13,400 $13,400 $0
2022 $413 $12,500 $0 $0
2021 $333 $10,100 $0 $0
2020 $330 $10,000 $0 $0
2019 $231 $7,000 $0 $0
2018 $139 $4,200 $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

  • B

    Seller's Agent in 2022

    Beach Blvd Team

    eXp Realty Southern Branch

  • Tyler Morgan

    Seller Co-Listing Agent in 2022

    Tyler Morgan

    LPT Realty, LLC

    (251) 600-9293

    19 in this area

    65 Total Sales

    Tyler Morgan
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Map

Source: Baldwin REALTORS®

MLS Number: 336331

Baldwin REALTORS®

APN: 67-06-14-3-001-008.015

Alabama Baldwin County Gulf Shores 36542

1505 Sable Ct Unit 1505 Sabal Cove Gulf, Gulf Shores, AL

Not Listed for Sale

Lots

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