$360,000
SOLD JUL 14, 2022

Compass Point 1516 Sandpiper Ln Unit 206 Gulf Shores, AL 36542

1 Bed
1 Bath
728 Sq Ft
1985 Built

Recently Sold

$495 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Pier
  • Fishing Pier
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Home fronts a lagoon or estuary
  • Resident Manager or Management On Site

About This Home

As of July 2022

Are you ready to own a condo on the water that can also generate short term rental income for you? This is THE opportunity you have been looking for! This beautiful one bed one bath condo has the most serene views to make any getaway for you or your guests as restful and rejuvenating as possible. The condo will be sold FULLY FURNISHED (towels and owner's closet items not to convey) so you can be ready to go immediately! Rental projections of $32,000 - $36,000!!! (see attached document for additional information)*. Schedule your showing today!

Last Agent to Sell the Property

JWRE Coastal Team

JWRE Listed on: 05/06/2022

Co-Listed By

Tara Mkwamba

Bellator RE LLC Orange Beach

Last Buyer's Agent

Brock Reilly

Better Homes & Gardens RE Main License #129105

Better Homes & Gardens RE Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1985

Lot Details

  • Sprinkler System

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Stucco Exterior
  • Masonry

Interior Spaces

  • 728 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Pier
  • Water access To Gulf or Ocean

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-3-001-048.000915

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash, water/sewer
  • 2 Elevators
  • Compass Point Community
  • 7-Story Property

Recreation

  • Fishing Pier

Additional Features

  • Community Barbecue Grill
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,461

Year Built

Built in 1985

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry
  • Construction Status: Resale
  • Flood Zone: VE
  • Property Amenities: Cable, Ceiling Fan(s)
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Lagoon Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-24-3-001-048.000915
  • Year Built: 1985
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: COMPASS POINT CONDO UNIT 206 IN CITY OF GULF SHORES SEC 24-T 9S-R3E (WD/SURVIVORSHIP)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator
  • Estimated Living Area: 728
  • Bathrooms: 1
  • Bedrooms: 1
  • Elevators: 2
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 5x8, On Level: Main Level
  • Living Dining: Dimensions: 12x14, On Level: Main Level
  • Master Bed: Dimensions: 12x12, On Level: Main Level
  • Price Per Sq Ft: 494.51
  • Property Interior Stories: 1
  • Unit Floor: 2

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Slip-1st Come 1st Served
  • Body Of Water: Little Lagoon
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi), Lagoon Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Sewage-City, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 340
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Fire Sprinkler System, Fishing Pier, On-Site Management, Pool - Outdoor
  • Condo Building Stories: 7
  • Condo Complex: Compass Point

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 206
  • Lot Description: Waterfront, Pier

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1460.58
  • Assessor Parcel Number: 81034

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 14, 2022
Sold by
Boone Kenneth and Boone Sharon
Bought by
Cardreon Terrence David
Seller's Agent
JWRE Coastal Team
JWRE
Buyer's Agent
Brock Reilly
Better Homes & Gardens RE Main
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.93%
Original Mortgage
$270,000
Outstanding Balance
$258,724
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$70,707

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 9, 2017
Sold by
Duvall Earl D
Bought by
Boone Kenneth and Boone Sharon
Seller's Agent
Dusty Cole
RE/MAX on the Coast
Buyer's Agent
Rebecca Wilson
RE/MAX of Gulf Shores
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$100,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2011
Sold by
Duvall Marilyn L
Bought by
Duvall Earl D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Law And Land Title
Warranty Deed $105,000 Ct
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $299,900 -4.8% $412 / Sq Ft
05/13/2025 05/13/25 Price Changed $315,000 -4.5% $433 / Sq Ft
04/28/2025 04/28/25 Price Changed $330,000 -8.3% $453 / Sq Ft
04/16/2025 04/16/25 Price Changed $360,000 -1.4% $495 / Sq Ft
03/07/2025 03/07/25 Price Changed $365,000 -2.7% $501 / Sq Ft
02/03/2025 02/03/25 For Sale $375,000 +4.2% $515 / Sq Ft
07/14/2022 07/14/22 Sold $360,000 +2.9% $495 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $350,000 +70.7% $481 / Sq Ft
08/11/2017 08/11/17 Sold $205,000 0.0% $282 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $205,000 -- $282 / 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 $2,405 $71,340 $0 $71,340
2023 $1,177 $35,680 $0 $35,680
2022 $1,634 $49,500 $0 $0
2021 $1,461 $46,600 $0 $0
2020 $1,509 $45,140 $0 $0
2019 $1,461 $43,680 $0 $0
2018 $1,340 $40,040 $0 $0
2017 $956 $28,400 $0 $0
2016 $908 $26,940 $0 $0
2015 $884 $26,200 $0 $0
2014 $860 $25,480 $0 $0
2013 -- $27,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 330250

Baldwin REALTORS®

APN: 67-06-24-3-001-048.000-915