NOT LISTED FOR SALE

1510 Oleander Cove Gulf Shores, AL 36542

Estimated Value: $295,831 - $406,000

4 Beds
2 Baths
1,494 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $250,000 $167 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,882/month

206 Days on Market

Highlights

  • Stone Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • Gulf Shores Elementary School Rated A-

About This Home

As of June 2022

Unique and rare opportunity smack dab in the MIDDLE of Gulf Shores. Literally can walk to any place in the City in just a few minutes, including the beach. Existing 1940s concrete block duplex is always occupied and remains rentable. However the parcel has been subdivided and is now 2 lots! These lots are suitable for a Single Family home each. There is already some redevelopment on that street with a couple very high end custom homes. Property is accessed from both West 2nd Street, and Oleander Cove, a private access at the rear of the property. Both Units are occupied under long term rental. Each unit contains 2Br/1Ba. One unit rents for $1100/m second one for $1300/m.

Last Agent to Sell the Property

Alla Nikitina

Ryals Realty Services, Inc Listed on: 11/12/2021

Last Buyer's Agent

Alla Nikitina

Ryals Realty Services, Inc Listed on: 11/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1965

Lot Details

  • 0.37

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property
  • Stone Flooring
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-04-17-2-000-004.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$580

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: W Fort Mlorgan Rd
  • Property Type: Duplex
  • Parcel Id Tax Id: 66-04-17-2-000-004.000
  • Structure Style: Single Story
  • Year Built: 1965
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Property Legal Description: 100' X 161.9' GULF SHORES UNIT 3 PT BLK 19 ALSO DESC AS FM N E COR OF NW1/4 SEC 17 RUN S 30', TH CON
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Cooktop
  • Estimated Living Area: 1494
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 8X12, On Level: Main Level
  • Bedroom 3: Dimensions: 8X12, On Level: Main Level
  • Bedroom 4: Dimensions: 8X12, On Level: Main Level
  • Bedrooms: 4
  • Floors: Natural Stone
  • Kitchen: Dimensions: 10X12, On Level: Main Level
  • Master Bed: Dimensions: 8X12, On Level: Main Level
  • Price Per Sq Ft: 167.34
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Brick
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: On Street

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Schools

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

Lot Info

  • Lot Block Unit: East & West

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 580.14
  • Assessor Parcel Number: 27732

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
Apr 4, 2024
Sold by
Rm Alabama Llc
Bought by
Isbell Nathan J
Current Estimated Value
$337,708

Purchase Details

Closed on
Apr 30, 2021
Sold by
Mish Llc
Bought by
Rm Alabama Llc

Purchase Details

Closed on
Jan 20, 2006
Sold by
Mccready Clifton B and Mccready Linda
Bought by
North Shore Llc
Source: Public Records

Range of Values:

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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
Isbell Nathan J $250,000 None Listed On Document
Rm Alabama Llc -- None Available
North Shore Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccready Clifton B $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $250,000 -16.7% $167 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $300,000 0.0% $201 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $300,000 0.0% $201 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/18/2022 02/18/22 Price Changed $300,000 -6.3% $201 / Sq Ft
01/02/2022 01/02/22 Price Changed $320,000 -1.5% $214 / Sq Ft
12/16/2021 12/16/21 For Sale $325,000 0.0% $218 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $325,000 -- $218 / 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 $1,188 $36,000 $8,060 $27,940
2023 $1,032 $31,280 $4,700 $26,580
2022 $827 $25,060 $0 $0
2021 $580 $15,660 $0 $0
2020 $561 $17,000 $0 $0
2019 $515 $15,600 $0 $0
2018 $572 $15,320 $0 $0
2017 $493 $14,940 $0 $0
2016 $452 $13,300 $0 $0
2015 -- $13,120 $0 $0
2014 -- $11,760 $0 $0
2013 -- $11,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alla Nikitina

    Seller's Agent in 2022

    Alla Nikitina

    Ryals Realty Services, Inc

    (251) 923-6475

    48 in this area

    497 Total Sales

    Alla Nikitina
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Map

Source: Baldwin REALTORS®

MLS Number: 322769

Baldwin REALTORS®

APN: 66-04-17-2-000-004.000

Alabama Baldwin County Gulf Shores 36542

1510 Oleander Cove, Gulf Shores, AL

This home is located at 1510 Oleander Cove, Gulf Shores, AL 36542 since 12 November 2021 and is currently estimated at $337,708, approximately $226 per square foot. This property was built in 1965. 1510 Oleander Cove is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

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.

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