NOT LISTED FOR SALE

1940 W Beach Blvd Unit 301 Gulf Shores, AL 36542

Estimated Value: $728,000 - $968,690

3 Beds
3 Baths
1,860 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $395,000 $212 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,470/month

352 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Fitness Center
  • Gulf Shores Elementary School Rated A-
  • Fishing Pier
  • Home fronts a lagoon or estuary

About This Home

As of March 2018

Amazing value in this low density,luxurious complex w/only 2 units per floor. Private entry, security elevators combined w/1860sf of living area surrounded by floor to ceiling glass, fab kit,wet bar w/icemaker are just some of the reasons to look at this condo. Panoramic views of gulf and lagoon. Amenities are the pier on the lagoon, quick private beach access, indoor & outdoor pool & work out rm.

Last Agent to Sell the Property

The Pro Team

Bonds Realty & Auction Listed on: 03/06/2017

Bonds Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Gulf
  • Lagoon

Home Design

  • Entry on the 3rd floor
  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Built-Up Roof
  • Stucco Exterior

Interior Spaces

  • 1,860 Sq Ft Home
  • Wet Bar
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6706233001014000903

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, taxes-common area, trash, water/sewer
  • 2 Elevators
  • Lagoon Tower Community
  • The community has rules related to covenants, conditions, and restrictions
  • Community features wheelchair access
  • 16-Story Property

Amenities

  • Community Barbecue Grill

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,155

Year Built

Built in 2005

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Indirect Gulf Side, Indirect Lagoon Side
  • Zoning Area: Pud
  • Owners Association: Yes
  • Parcel Id Tax Id: 6706233001014000903
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 1860
  • Balcony Size: Large
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13x11, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10x10, On Level: Main Level
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 12x15, On Level: Main Level
  • Living Room: Dimensions: 25x13, On Level: Main Level
  • Master Bed: Dimensions: 16x14, On Level: Main Level
  • Price Per Sq Ft: 212.37
  • Property Interior Stories: 1
  • Unit Floor: 3

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric, Heat Pump, Heat Pump (Cool)
  • Utilities: Cable Tv, Sewage-City, Total Electric, Water Heater-Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 825
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Covered Entry, Exercise Room, Fire Sprinkler System, Fishing Pier, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Allowed, Spa/Hot Tub, Wheelchair Accessible
  • Condo Building Stories: 16
  • Condo Complex: Lagoon Tower

Green Features

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

Lot Info

  • Lot Block Unit: 301

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1,155.00
  • Assessor Parcel Number: 298498

Multi Family

  • Number Units: 32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Barker Living Trust
Bought by
Barker Bobbie P
Current Estimated Value
$842,923

Purchase Details

Closed on
Jul 26, 2022
Sold by
Barker Bobbie L
Bought by
Barker Living Trust

Purchase Details

Listed on
Mar 6, 2017
Closed on
Mar 13, 2018
Sold by
Smith Dan and Smith Joy
Bought by
Barker Wayne and Barker Bobbie
Seller's Agent
The Pro Team
Bonds Realty & Auction
Buyer's Agent
The Pro Team
RE/MAX of Gulf Shores
List Price
$435,000
Sold Price
$395,000
Premium/Discount to List
-$40,000
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Jul 19, 2011
Sold by
Pugh Barbara R and Haddock Linda
Bought by
Smith Dan and Smith Joy

Purchase Details

Closed on
Mar 30, 2007
Sold by
Lagoon Tower Inc
Bought by
Pugh Barbara R and Haddock Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
7.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Barker Bobbie P $725,400 None Listed On Document
Barker Living Trust $660,300 --
Barker Wayne $395,000 None Available
Smith Dan -- None Available
Pugh Barbara R -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pugh Barbara R $558,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $395,000 -5.9% $212 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
11/26/2017 11/26/17 Price Changed $419,900 -3.5% $226 / Sq Ft
03/06/2017 03/06/17 For Sale $435,000 -- $234 / 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 $2,535 $76,820 $0 $76,820
2023 $4,788 $145,080 $0 $145,080
2022 $4,358 $132,060 $0 $0
2021 $2,775 $98,960 $0 $0
2020 $2,775 $84,100 $0 $0
2019 $2,866 $85,380 $0 $0
2018 $1,492 $45,200 $0 $0
2017 $1,436 $43,520 $0 $0
2016 $1,155 $35,000 $0 $0
2015 $1,197 $36,280 $0 $0
2014 $1,197 $36,280 $0 $0
2013 -- $31,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Pro Team

    Seller's Agent in 2018

    The Pro Team

    Bonds Realty & Auction

    (251) 752-1219

    75 in this area

    217 Total Sales

    The Pro Team
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Map

Source: Baldwin REALTORS®

MLS Number: 250441

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-903

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 301, Gulf Shores, AL

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