NOT LISTED FOR SALE

15777 Renee Marie Ave E Unit A,B & C Gulf Shores, AL 36542

Estimated Value: $415,000 - $428,000

6 Beds
3 Baths
2,642 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $230,000 $87 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,392/month

18 Days on Market

Highlights

  • 0.74 Acre Lot
  • Cottage
  • Central Heating and Cooling System
  • Gulf Shores Elementary School Rated A-
  • Tile Flooring
  • Partially Fenced Property

About This Home

As of December 2019

INVESTMENT OPPORTUNITY,,,,,,,,A great rental investment, 3 houses on one lot grossing $2750 pm = $33,000 PA. The Lot is approx. .74 of an acre with natural shade from mature live Oaks throughout the property. Each house has 2 bedrooms, 1 bathroom, living room, kitchen and utility sheds plumbed for washer and dryers. House C is the original house on the lot circa 1985 768 sq ft on septic, $925 a month, House B moved onto the property 1985 838 sq ft 925 a month on septic & house B built 2004 approx. 800 sq ft on sewer $900 per month. All have city water, central heat and air and separate meters. Each house has privacy fence and there is plenty of parking. The houses have been renovated over the past couple of years and rent very easily. Great for investment or live in one and the rent from the other 2 pay all your costs. All are rented on 12 month leases rarely ever vacant as there is such a high demand for long term rentals.

Last Agent to Sell the Property

The Pro Team

Bonds Realty & Auction Listed on: 12/02/2019

Bonds Realty & Auction

Co-Listed By

James Calvert

Kelly Right Real Estate of Ala License #81007

Last Buyer's Agent

Gloria Crump

Coastal Leaders Realty Group License #74789

Coastal Leaders Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 2004

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 155 x 220
  • Partially Fenced Property
  • Level Lot
  • Few Trees

Home Design

  • Cottage
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,642 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Parking Lot

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Grinder Pump
  • Cable TV Available

Community Details

  • Gulf Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 67-05-15-4-001-023.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Piers, Slab, Other Foundation-See Rm
  • Construction Status: Resale
  • Flood Zone: 0.2 PCT,X
  • Property Amenities: Cable, Partially Fenced, Porch-Open
  • Property Type: Residential Detached
  • Style: Cottage
  • Parcel Id Tax Id: 67-05-15-4-001-023.000
  • Year Built: 2004
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Gulf Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range-Electric, Refrigerator, Smoke Detector
  • Estimated Living Area: 2642
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x8, On Level: Main Level
  • Bedrooms: 6
  • Floors: Tile, Laminate
  • Kitchen: Dimensions: 10 x 10, On Level: Main Level
  • Living Room: Dimensions: 15 x 12, On Level: Main Level
  • Master Bed: Dimensions: 12 x 10, On Level: Main Level
  • Price Per Sq Ft: 87.06
  • Property Interior Stories: 1
  • Unit Floor: 1

Exterior Features

  • Exterior Finish: Vinyl, Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Number Of Parking Spaces: 8
  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Grinder Pump, Baldwin Emc

Lot Info

  • Estimated Lot Size: 0.74
  • Lot Description: Level, Some Trees
  • Lot Size: 155 x 220

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1418.50
  • Assessor Parcel Number: 26352

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Dec 24, 2019
Sold by
Smart Thomas and Smart Mary
Bought by
Lamont Sean and Blondo Kevin
Seller's Agent
The Pro Team
Bonds Realty & Auction
Buyer's Agent
Gloria Crump
Coastal Leaders Realty Group
List Price
$269,000
Sold Price
$230,000
Premium/Discount to List
-$39,000
-14.5%
Current Estimated Value
$418,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,300
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Brent Kathleen Michelle
Bought by
Smart Thomas and Smart Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,875
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2010
Sold by
Brent Terry D
Bought by
Brent Kathleen Michele
Source: Public Records

Range of Values:

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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
Lamont Sean $280,000 None Available
Smart Thomas $172,375 None Available
Brent Kathleen Michele -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smart Thomas $130,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2019 12/24/19 Sold $230,000 -14.5% $87 / Sq Ft
12/02/2019 12/02/19 For Sale $269,000 -- $102 / 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 $2,435 $73,780 $21,800 $51,980
2023 $2,176 $65,940 $11,860 $54,080
2022 $1,714 $51,940 $0 $0
2021 $1,509 $43,520 $0 $0
2020 $1,469 $42,300 $0 $0
2019 $1,363 $39,600 $0 $0
2018 $1,363 $39,600 $0 $0
2017 $1,267 $38,380 $0 $0
2016 $1,059 $32,100 $0 $0
2015 -- $30,860 $0 $0
2014 -- $27,980 $0 $0
2013 -- $25,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Pro Team

    Seller's Agent in 2019

    The Pro Team

    Bonds Realty & Auction

    (251) 752-1219

    76 in this area

    218 Total Sales

    The Pro Team
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    James Calvert

    Kelly Right Real Estate of Ala

    Section Image
  • Gloria Crump

    Buyer's Agent in 2019

    Gloria Crump

    Coastal Leaders Realty Group

    (251) 589-7815

    36 in this area

    141 Total Sales

    Gloria Crump
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 291879

Baldwin REALTORS®

APN: 67-05-15-4-001-023.000

Alabama Baldwin County Gulf Shores 36542

15777 Renee Marie Ave E Unit A,B & C, Gulf Shores, AL

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