NOT LISTED FOR SALE

1940 W Beach Blvd Unit 1502 Gulf Shores, AL 36542

Estimated Value: $817,038 - $909,000

3 Beds
3 Baths
1,803 Sq Ft
$484/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $525,000 $291 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,167/month

2 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Fishing Pier
  • Home fronts a lagoon or estuary
  • Gulf Shores Elementary School Rated A-
  • Fitness Center
  • Sauna

About This Home

As of June 2017

Excuse me while I kiss the sky....Remarkable, breathtaking views of both Little Lagoon and The Gulf of Mexico from this spacious waterfront condo. This rare 15th Floor paradise is located on Prestigious and Private West Beach Blvd. Floor to ceiling glass and over 1800 square feet of Tranquil waterfront living. Low Density complex (only 32 units). You'll never have a problem getting a parking space or waiting on the 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. This beautifully appointed unit is sold partially furnished (with beautiful high end furnishings) and has never been rented.

Last Agent to Sell the Property

David Swiger

Swiger & Company Listed on: 05/03/2017

Last Buyer's Agent

Pat Simpson

Simpson Properties Group

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
  • Partially Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Sauna
  • Gulf Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Wrap Around Balcony

Utilities

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

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

  • Fishing Pier
  • 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), Sauna/Steam Shower, Wrap Around Balcony
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Lagoon Front, Indirect Gulf Side
  • Zoning Area: Pud
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range-Electric, Refrigerator
  • 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: 291.18
  • 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: Gulf 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, Sewage-City, 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, Pest Control, Recreational Facilities, Reserve Funds, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Common Lobby, Exercise Room, Fishing Pier, 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: unit #1502

Rental Info

  • Furnished: Partially

Tax Info

  • Assessor Parcel Number: 298523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2007
Sold by
Lagoon Tower Inc
Bought by
Burke John H and Burke Mary M
Current Estimated Value
$865,850
Source: Public Records

Range of Values:

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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
Burke John H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Elizabeth $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $525,000 0.0% $291 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $525,000 -- $291 / 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 $1,428 $43,280 $0 $0
2016 $1,243 $37,680 $0 $0
2015 $1,160 $35,160 $0 $0
2014 $1,160 $35,160 $0 $0
2013 -- $30,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 252997

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-928