NOT LISTED FOR SALE

1940 W Beach Blvd Unit 1202 Gulf Shores, AL 36542

Estimated Value: $802,000 - $916,143

3 Beds
3 Baths
1,803 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 13, 2018

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

Est. 67% increase in value since last sale

Current estimated payment $5,822/month

185 Days on Market

Highlights

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

About This Home

As of June 2018

Lagoon Tower #1202 is a beautiful 12th floor condo located on West Beach. It boasts a beautiful view of Little Lagoon and partial view of the Gulf of Mexico without having to sacrifice beach access. There are only two units on each floor, which means maximum privacy and minimum noise. This luxury building has many wonderful amenities including an indoor heated pool, indoor hot tub, outdoor pool, fitness room, first come first serve boat slips and all private balconies. The definition of having your cake and eating it too, West Beach is a slower traffic area. Less densely populated than most beach areas right on the gulf, but is within minutes of all the unique shopping and restaurants that serve our famous gulf seafood. This unit already has a brand new HVAC, a refrigerator with ice maker, dishwasher, ice maker, microwave, electric range, washer and dryer.

Last Agent to Sell the Property

Cindy Young

Brett R/E Robinson Dev OB Listed on: 12/05/2017

Last Buyer's Agent

Debra Foster

Brett R/E Robinson Dev OB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts a bayou

HOA Fees

  • $825 Monthly HOA Fees

Home Design

  • 1,803 Sq Ft Home
  • Entry on the 12th floor
  • Reinforced Concrete Foundation
  • Stucco Exterior
  • Masonry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Community Details

  • Association fees include management, cable, common area insurance, custodial services, pest control, taxes-common area, trash, water/sewer
  • Lagoon Tower Community
  • 19-Story Property

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000922

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,487

Year Built

Built in 2005

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry, P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Type: Residential Attached
  • Style: Condo
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-23-3-001-014.000922
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1803
  • Bathrooms: 3
  • Bedrooms: 3
  • Price Per Sq Ft: 288.41
  • Property Interior Stories: 1
  • Unit Floor: 12

Exterior Features

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

Utilities

  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 825
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Custodial Services, Pest Control, Taxes-Common Area, Trash, Water/Sewer
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Schools

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

Tax Info

  • Property Taxes: 2486.88
  • Assessor Parcel Number: 298517

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Fortin Timothy B and Fortin Jennifer C
Bought by
410 Coastal Properties Llc
Current Estimated Value
$869,036

Purchase Details

Closed on
Sep 7, 2023
Sold by
Parker Stephen C and Parker Jackie T
Bought by
Fortin Timothy B and Fortin Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2012
Closed on
Oct 10, 2012
Sold by
Stone Melanie F
Bought by
Kp & Pp Llc
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
Greg Crews
Goode Realty, LLC
List Price
$328,500
Sold Price
$328,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Lagoon Tower Inc
Bought by
Stone Melanie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,120
Interest Rate
4%
Mortgage Type
Seller Take Back
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
410 Coastal Properties Llc -- None Listed On Document
Fortin Timothy B $760,000 None Listed On Document
Kp & Pp Llc -- None Available
Stone Melanie F $561,400 Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortin Timothy B $608,000
Previous Owner Stone Melanie F $449,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2018 06/13/18 Sold $520,000 -6.8% $288 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $558,000 +69.9% $309 / Sq Ft
10/12/2012 10/12/12 Sold $328,500 0.0% $182 / Sq Ft View Prior Sale
10/02/2012 10/02/12 Pending -- -- --
09/08/2012 09/08/12 For Sale $328,500 -- $182 / 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 $5,117 $155,060 $0 $155,060
2023 $4,819 $146,040 $0 $146,040
2022 $4,403 $133,420 $0 $0
2021 $3,320 $99,160 $0 $0
2020 $3,320 $99,160 $0 $0
2019 $3,379 $100,960 $0 $0
2018 $3,082 $91,960 $0 $0
2017 $2,903 $86,540 $0 $0
2016 $2,534 $75,360 $0 $0
2015 $2,368 $70,320 $0 $0
2014 $2,368 $70,320 $0 $0
2013 -- $61,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Young

    Seller's Agent in 2018

    Cindy Young

    Brett R/E Robinson Dev OB

    (251) 975-7064

    37 in this area

    109 Total Sales

    Cindy Young
    Section Image
  • Debra Foster

    Buyer's Agent in 2018

    Debra Foster

    Brett R/E Robinson Dev OB

    (615) 289-7551

    21 in this area

    65 Total Sales

    Debra Foster
    Section Image

  • N

    Seller's Agent in 2012

    Non Member

    Non Member Office

  • G

    Buyer's Agent in 2012

    Greg Crews

    Goode Realty, LLC

    (334) 272-1001

    3 in this area

    8 Total Sales

    Greg Crews
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 263199

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-922

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 1202, Gulf Shores, AL

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