NOT LISTED FOR SALE

1799 We Beach Blvd Gulf Shores, AL 36542

Estimated Value: $2,346,000 - $2,564,000

0.48 Acre
$5,167,190 Price per Acre
20,909 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $500,000

Est. 396% increase in value since last sale

Current estimated payment $14,295/month

334 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Level Lot
  • Gulf Shores Elementary School Rated A-

About This Lot

As of June 2014

LOWEST PRICED 50' GULF FRONT LOT ON WEST BEACH!!Really a Great lot at a Great Price. 50' x 415'+/- of beautiful sugar white beach to build your home where you walk out your door to the Gulf. Beautiful sunrise & sunsets. Conveniently located in Gulf Shores close to entertainment, restaurants, shopping. Not far from the center of Gulf Shores Beach Area. This won't last long at this incredible price.

Last Agent to Sell the Property

Kris Powell

Century 21 J Carter & Company Listed on: 07/01/2013

Century 21 J Carter & Company

Last Buyer's Agent

Kris Powell

Century 21 J Carter & Company Listed on: 07/01/2013

Century 21 J Carter & Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,938

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 50' x 415'
  • Waterfront
  • Level Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block Lot 40 A / Lot 40 A

Property Details

Property Type

Land

Est. Annual Taxes

$2,938

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Residential Lots,Unimproved Land
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Lot, Level, Waterfront
  • Lot Size Acres: 0.48
  • Road Frontage Type: City Street
  • Water Body Name: Gulf of Mexico
  • Co List Office Phone: 251-223-1318
  • MLS Status: Closed
  • Subdivision Name: Gulf Shores
  • BK20_LFD_BoatFacilities_70: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Waterfront Features: Gulf Front

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50' x 415'
  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2938
  • Tax Block: Lot 40 A
  • Tax Lot: Lot 40 A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Sold by
Saverio Properties Llc
Bought by
Saverio Vacation Rentals Llc
Current Estimated Value
$2,480,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$830,725
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$1,649,526

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 26, 2014
Sold by
Burch Real Estate Investment Properties
Bought by
Saverio Properties Llc
Seller's Agent
Kris Powell
Century 21 J Carter & Company
Buyer's Agent
Kris Powell
Century 21 J Carter & Company
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%
Original Mortgage
$400,000
Interest Rate
5.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 2011
Sold by
Burch John T and Burch Marla A
Bought by
Burch Real Estate Investment Properties
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
Saverio Vacation Rentals Llc -- None Available
Saverio Properties Llc $500,000 None Available
Burch Real Estate Investment Properties -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saverio Vacation Rentals Llc $1,000,000
Previous Owner Saverio Properties Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $500,000 0.0% --
05/31/2014 05/31/14 Pending -- -- --
07/01/2013 07/01/13 For Sale $500,000 -- --
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 $14,991 $454,280 $203,700 $250,580
2023 $16,424 $497,700 $194,880 $302,820
2022 $11,323 $343,120 $0 $0
2021 $8,935 $272,240 $0 $0
2020 $8,437 $255,660 $0 $0
2019 $7,695 $233,180 $0 $0
2018 $3,421 $103,680 $0 $0
2017 $3,421 $103,680 $0 $0
2016 $3,231 $97,920 $0 $0
2015 -- $97,500 $0 $0
2014 -- $85,800 $0 $0
2013 -- $85,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 201095

Baldwin REALTORS®

APN: 67-06-23-3-001-069.000