$220,000
SOLD MAY 4, 2018

1616 State Highway 180 Unit E-9 Gulf Shores, AL 36542

Fort Morgan Neighborhood
2 Beds
2 Baths
950 Sq Ft
2.97 Acres

Recently Sold

$232 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Community Pool

About This Home

As of April 2022

Right on the Gulf. You can't get any better than this old timey townhome complex. Walk out your door to the beach. This 2 bedroom 2 bath unit needs some TLC. Living dining combo downstairs, with east facing balcony. Upstairs are the 2 bedrooms both with balconies and good views. Owners had started updating so upstairs is not complete. Needs some carpet or other flooring, vanity installed and decorating. It has tile on the main level and carpet up stairs and in bedrooms. Landing flooring not completed. Great complex and HOA. Boardwalk to the beach, outdoor pool. Off the beaten path for a real away from the crowd feel.

Last Agent to Sell the Property

Christine Slaughter

Realty Executives Gulf Coast Listed on: 04/01/2018

Realty Executives Gulf Coast

Last Buyer's Agent

Lorraine Gatti

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Gulf Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Listing and Financial Details

  • Assessor Parcel Number 73455
  • $2,500 special tax assessment

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, water/sewer
  • Fort Morgan Townhomes Community
  • Fort Morgan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1984

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 2500
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Town Home
  • View: Direct Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 73455
  • Year Built: 1984
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Fort Morgan
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Living Area: 950
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10 x 11, On Level: 2
  • Bedrooms: 2
  • Kitchen: Dimensions: 7 x 4, On Level: Main Level
  • Living Dining: Dimensions: 21 x 11, On Level: Main Level
  • Master Bed: Dimensions: 12 x 10, On Level: 2
  • Price Per Sq Ft: 231.58
  • Property Interior Stories: 2

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Deeded Access, Gulf Accs (Wlk <=1/4 Mi), Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Utilities: Sewage-City, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 400
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Water/Sewer
  • Community Amenities: Pool - Outdoor, Pets - Allowed
  • Condo Building Stories: 2
  • Condo Complex: Fort Morgan Townhomes

Schools

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

Lot Info

  • Lot Block Unit: E9

Rental Info

  • Furnished: Partially

Tax Info

  • Property Taxes: $1023
  • Assessor Parcel Number: 73455

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
May 3, 2018
Sold by
Simmons Gayle S
Bought by
Ryan Thomas J and Clark Colleen M
Seller's Agent
Christine Slaughter
Realty Executives Gulf Coast
Buyer's Agent
Lorraine Gatti
RE/MAX of Orange Beach
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Total Days on Market
10
Current Estimated Value
$436,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,580
Avg. Annual Appreciation
10.16%
Original Mortgage
$184,825
Outstanding Balance
$160,971
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$275,609
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 Type Sale Price Title Company
Warranty Deed $35,500 Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,825 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $450,000 0.0% $474 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $449,900 +104.5% $474 / Sq Ft
05/04/2018 05/04/18 Sold $220,000 -4.3% $232 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $230,000 -- $242 / 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 $2,436 $87,000 $0 $87,000
2023 $2,485 $88,740 $0 $88,740
2022 $1,486 $53,080 $0 $0
2021 $1,277 $44,380 $0 $0
2020 $1,277 $44,380 $0 $0
2019 $1,277 $44,380 $0 $0
2018 $1,277 $44,380 $0 $0
2017 $1,291 $44,900 $0 $0
2016 $1,057 $36,540 $0 $0
2015 $1,009 $34,800 $0 $0
2014 $799 $27,320 $0 $0
2013 -- $30,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 267894

Baldwin REALTORS®

APN: 69-08-01-0-005-002.001-908