NOT LISTED FOR SALE

Compass Point 1516 Sandpiper Ln Unit 705 Gulf Shores, AL 36542

Estimated Value: $387,106 - $464,000

2 Beds
2 Baths
936 Sq Ft
5 Acres

Last Sold December 12, 2014

Last sale price $220,000 $235 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,417/month

45 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a lagoon or estuary
  • Community Indoor Pool
  • Gulf Shores Elementary School Rated A-
  • Fishing
  • No HOA

About This Home

As of December 2014

Beautifully furnished and decorated 2 Bedroom with awesome views of Little Lagoon from 7th Floor. This unit is a Must See-Upgraded with Granite Countertops and Kitchen Cabinets.

Last Agent to Sell the Property

Patrick Daily

RE/MAX of Orange Beach Brokerage Phone: 251-752-0497 Listed on: 10/28/2014

RE/MAX of Orange Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 1985

Lot Details

  • Landscaped

Parking

  • Parking Lot

Home Design

  • Built-Up Roof
  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Stacked Washer and Dryer
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Boat Ramp

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, common area insurance, ground maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash, water/sewer

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,073

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Direct Lagoon Front
  • Year Built: 1985
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Conference Center, Fishing, Pool - Indoor, Landscaping, Meeting Room, On-Site Management, Pool - Outdoor
  • ResoSecurityFeatures: Fire Sprinkler System
  • Attribution Contact: CELL: 251-752-0497
  • Co List Office Phone: 251-981-2400
  • MLS Status: Closed
  • Subdivision Name: Compass Point
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Living Area: 936
  • Property Attached Yn: Yes
  • Reso Structure Type: Condo
  • Financial Info Electric: Total Electric
  • BK20_LFD_BoatFacilities_4: Boat Ramp, Slip-1st Come 1st Served
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Stories: 1
  • Dining Room Features: Lvg/Dng Combo
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 12
  • Room Living Room Area: 168
  • Room Kitchen Area: 40
  • Room Master Bedroom Area: 144

Exterior Features

  • Roof: Built-Up
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Lagoon Acc (<=1/4 Mi), Lagoon Front - Building
  • Home Warranty: No
  • Construction Type: Stucco, Solid Masonry
  • Foundation Details: Pilings

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Electric (Cool), Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 360
  • Association: No
  • Pets Allowed: Allowed

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer

Lot Info

  • Zoning Description: 2+ Family Residence

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Dec 10, 2014
Sold by
Smith Ronald E and Smith Pamela M
Bought by
Lucas David and Lucas Rebecca
Seller's Agent
Patrick Daily
RE/MAX of Orange Beach
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$421,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,527
Avg. Annual Appreciation
6.67%
Original Mortgage
$209,000
Outstanding Balance
$162,968
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$275,012

Purchase Details

Closed on
Aug 21, 2008
Sold by
James Susan M
Bought by
Smith Ronald E and Smith Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.32%
Mortgage Type
Unknown
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
Lucas David $220,000 Ct
Smith Ronald E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas David $209,000
Previous Owner Smith Ronald E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $220,000 0.0% $235 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $220,000 -- $235 / 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 $1,073 $41,220 $0 $41,220
2023 $1,110 $42,600 $0 $42,600
2022 $758 $29,320 $0 $0
2021 $673 $27,480 $0 $0
2020 $685 $26,560 $0 $0
2019 $661 $25,660 $0 $0
2018 $649 $25,200 $0 $0
2017 $588 $22,900 $0 $0
2016 $552 $21,540 $0 $0
2015 $1,234 $36,640 $0 $0
2014 $1,143 $33,900 $0 $0
2013 -- $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Daily

    Seller's Agent in 2014

    Patrick Daily

    RE/MAX

    (251) 752-0497

    233 Total Sales

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About Compass Point

Map

Source: Baldwin REALTORS®

MLS Number: 218624

Baldwin REALTORS®

APN: 67-06-24-3-001-048.000-964

Alabama Baldwin County Gulf Shores 36542

1516 Sandpiper Ln Unit 705, Gulf Shores, AL

This home is located at 1516 Sandpiper Ln Unit 705, Gulf Shores, AL 36542 since 28 October 2014 and is currently estimated at $421,527, approximately $450 per square foot. This property was built in 1985. 1516 Sandpiper Ln Unit 705 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.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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