NOT LISTED FOR SALE

1940 W Beach Blvd Unit 1102 Gulf Shores, AL 36542

Estimated Value: $684,000 - $948,816

3 Beds
3 Baths
1,803 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $520,000 $288 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,451/month

2 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Gulf Shores Elementary School Rated A-
  • 19-Story Property

About This Home

As of May 2018

Gorgeous three bedroom, three bath lagoon front unit! Kitchen features include stainless steel appliances, granite counter-tops & tiled backsplash. Tiled throughout with carpeted bedrooms and floor to ceiling windows in living room and master bedroom. Lagoon Tower offers an indoor pool, outdoor pool, pier on Little Lagoon with fish cleaning station and deeded beach access. This unit will convey partially furnished.

Last Agent to Sell the Property

Bob Shallow

RE/MAX Paradise Listed on: 03/08/2018

RE/MAX Paradise

Last Buyer's Agent

Bob Shallow

RE/MAX Paradise Listed on: 03/08/2018

RE/MAX Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary

HOA Fees

  • $850 Monthly HOA Fees

Home Design

  • Entry on the 11th floor
  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 1,803 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Community Details

  • 2 Elevators
  • Lagoon Tower Community
  • 19-Story Property

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000920

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,128

Year Built

Built in 2005

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Type: Residential Attached
  • Style: Condo
  • Parcel Id Tax Id: 67-06-23-3-001-014.000920
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1803
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 10x10, On Level: Main Level
  • Bedroom 3: Dimensions: 11x10, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Great Room: Dimensions: 22x19, On Level: Main Level
  • Master Bed: Dimensions: 16x13, On Level: Main Level
  • Price Per Sq Ft: 288.41
  • Property Interior Stories: 1
  • Unit Floor: 11

Exterior Features

  • Body Of Water: Little Lagoon
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Lagoon Front - Building

Utilities

  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 850
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Lot Info

  • Lot Block Unit: Unit 1102

Rental Info

  • Furnished: Partially

Tax Info

  • Property Taxes: 1128
  • Assessor Parcel Number: 298515

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 4, 2018
Sold by
Belcher Barbara G
Bought by
Moulton Michael W and Moulton Joy
Seller's Agent
Bob Shallow
RE/MAX Paradise
Buyer's Agent
Bob Shallow
RE/MAX Paradise
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%
Current Estimated Value
$834,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,204
Avg. Annual Appreciation
6.51%
Original Mortgage
$204,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 1, 2018
Sold by
Raborn Richard H and Raborn Cindy D
Bought by
Belcher Barbara
Seller's Agent
Bob Shallow
RE/MAX Paradise
Buyer's Agent
Bob Shallow
RE/MAX Paradise
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2010
Sold by
Triple S Llc
Bought by
Holk Fred A and Holk Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Lagoon Tower Inc
Bought by
Triple S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.15%
Mortgage Type
Unknown
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
Moulton Michael W $520,000 None Available
Belcher Barbara $331,000 None Available
Holk Fred A $297,250 Ct
Triple S Llc -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Belcher Barbara $204,000
Previous Owner Holk Fred A $222,750
Previous Owner Triple S Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $520,000 -3.5% $288 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $539,000 +17.2% $299 / Sq Ft
05/26/2017 05/26/17 Sold $460,000 0.0% $247 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $460,000 -- $247 / 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 $2,559 $77,540 $0 $77,540
2023 $2,410 $73,020 $0 $73,020
2022 $2,202 $66,720 $0 $0
2021 $1,636 $49,580 $0 $0
2020 $1,636 $49,580 $0 $0
2019 $1,666 $50,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Shallow

    Seller's Agent in 2018

    Bob Shallow

    RE/MAX

    (251) 948-8888

    151 in this area

    263 Total Sales

    Bob Shallow
    Section Image
  • Bobby Hill

    Seller's Agent in 2017

    Bobby Hill

    Century 21 J Carter & Company

    (205) 324-1303

    3 in this area

    6 Total Sales

    Bobby Hill
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 266620

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-920

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 1102, Gulf Shores, AL

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