NOT LISTED FOR SALE

1940 W Beach Blvd Unit 1302 Gulf Shores, AL 36542

Estimated Value: $817,059 - $910,000

3 Beds
3 Baths
1,803 Sq Ft
$479/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $470,000 $261 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,141/month

138 Days on Market

Highlights

  • Community Beach Access
  • Access To Lagoon or Estuary
  • Home fronts a lagoon or estuary
  • Gulf Shores Elementary School Rated A-
  • Fitness Center
  • Gulf View

About This Home

As of April 2017

Words cannot describe the breathtaking views of both the Gulf and the Lagoon from this spacious waterfront condo. This 13th floor paradise is located on prestigious West Beach Blvd. Floor to ceiling glass and over 1800 square feet of tranquil waterfront living. Amazing sunsets that want you to reach out and touch them. This is a low density complex (only 32 units). You'll never have a problem getting a parking space or waiting for an elevator. Private balcony and private entrance to your unit. First come, first serve boat slips. Private guaranteed beach boardwalk, lagoon pier for fishing, 2 pools, and workout facility. You'll notice the pride of ownership in the decor and excellent condition of this condo. Sold completely furnished.

Last Agent to Sell the Property

David Swiger

Swiger & Company Listed on: 12/05/2016

Last Buyer's Agent

David Swiger

Swiger & Company Listed on: 12/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary
  • Landscaped
  • Property is zoned Pud

Parking

  • Parking Lot

Home Design

  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 1,803 Sq Ft Home
  • Wet Bar
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lagoon or Estuary
  • Wrap Around Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6706233001014000924

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, reserve funds, taxes-common area, trash, water/sewer
  • 2 Elevators
  • Lagoon Tower Community
  • 19-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

  • Community Beach Access
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,117

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Property Amenities: Cable, Ceiling Fan(s), Wet Bar, Wrap Around Balcony
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Lagoon Front, Indirect Gulf Side
  • Zoning Area: Pud
  • Parcel Id Tax Id: 6706233001014000924
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 1803
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x12
  • Bedroom 3: Dimensions: 12x12
  • Bedrooms: 3
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 12x15
  • Living Dining: Dimensions: 25x15
  • Master Bed: Dimensions: 13x13
  • Price Per Sq Ft: 260.68
  • Property Interior Stories: 1

Exterior Features

  • Boat Facilities: Boat Dock, Slip-1st Come 1st Served
  • Exterior Finish: Stucco
  • Roof: Built Up Flat
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi), Lagoon Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Total Electric, Water Heater-Electric, Water-City

Condo/Co-op/Association

  • Association Fees: 825
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Common Lobby, Exercise Room, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Allowed, Security Card, Spa/Hot Tub
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows

Lot Info

  • Lot Block Unit: 1302

Rental Info

  • Furnished: Yes

Tax Info

  • Assessor Parcel Number: 298519

Multi Family

  • Number Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Apr 26, 2017
Sold by
Covell Stephen E and Covell Lauren K
Bought by
Lazy Lagoon Llc
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
David Swiger
Swiger & Company
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$861,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,320
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Feb 8, 2010
Sold by
Sovine Roger W and Sovine Shirley A
Bought by
Lagoon Tower Inc

Purchase Details

Closed on
Oct 31, 2008
Sold by
Lagoon Tower Inc
Bought by
Sovine Roger W and Sovine Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lazy Lagoon Llc $470,000 None Available
Lagoon Tower Inc -- None Available
Sovine Roger W $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sovine Roger W $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $470,000 0.0% $261 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $470,000 -- $261 / 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

  • David Swiger

    Seller's Agent in 2017

    David Swiger

    Swiger & Company

    (251) 609-2873

    181 Total Sales

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Map

Source: Baldwin REALTORS®

MLS Number: 247167

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-924

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 1302, Gulf Shores, AL

This home is located at 1940 W Beach Blvd Unit 1302, Gulf Shores, AL 36542 since 05 December 2016 and is currently estimated at $863,765, approximately $479 per square foot. This property was built in 2005. 1940 W Beach Blvd Unit 1302 is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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