$720,000
SOLD NOV 19, 2021

1940 W Beach Blvd Unit 302 Gulf Shores, AL 36542

3 Beds
3 Baths
1,803 Sq Ft
0.97 Acres

Recently Sold

$399 Per Sq Ft

5% Below List Price

19 Days on Market

Highlights

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

About This Home

As of November 2021

Total Class!! When you walk in an see the amazing views from the wall of floor to ceiling windows you will be in awe!! The large 3 bedroom, 3 bath condo will seem brand new!! This unit has many upgrades: fresh paint, electric blinds/shades, KitchenAid appliances, granite throughout and beautiful brand new furnishings. See all upgrades in the documents. This is NOT a rental, it was owner occupied and so nicely done!! Lagoon Tower has an indoor and outdoor pool plus exercise room in a peaceful low density complex on the Lagoon and right across the two lane street you have deeded beach access...best of both worlds!! Bring your buyers because they will not want to miss this beauty!! Easy to show, available for immediate occupancy so bring the toothbrush!!

Last Agent to Sell the Property

Lance Steffek

eXp Realty Southern Branch Listed on: 10/19/2021

eXp Realty Southern Branch

Last Buyer's Agent

Terry Reeves

Coastal Alabama Real Estate

Coastal Alabama Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,098

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary
  • Landscaped

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,803 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pier
  • Water access To Gulf or Ocean
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000904

Community Details

Overview

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

Amenities

  • Community Wi-Fi

Recreation

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

Security

  • Card or Code Access
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,098

Year Built

Built in 2005

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, En-Suite, High Ceilings, Split Bedroom Plan, Storage-In, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Lagoon Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-23-3-001-014.000904
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 1803
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x10, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Carpet, Tile, Vinyl
  • Kitchen: Dimensions: 15x12, On Level: Main Level
  • Living Dining: Dimensions: 25x22, On Level: Main Level
  • Master Bed: Dimensions: 17x14, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Jetted Tub, Separate Shower, 1st Floor Master, Walk In Closet, Private Water Closet
  • Price Per Sq Ft: 399.33
  • Property Interior Stories: 1
  • Unit Floor: 3
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Water-City, Baldwin Emc

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, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Covered Entry, Exercise Room, Fencing, Fishing Pier, Internet, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Owners Only, Security Card, Spa/Hot Tub, Water Access-Deeded
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 302
  • Lot Description: Water View, Waterfront, Pier

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Restricted: Yes

Tax Info

  • Property Taxes: 1098.24
  • Assessor Parcel Number: 298499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2007
Sold by
Lagoon Tower Inc
Bought by
Jaye Alan H and Jaye Peggy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,800
Outstanding Balance
$359,535
Interest Rate
6.27%
Mortgage Type
Unknown
Estimated Equity
$504,194
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed -- Slt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $330,000 Future Advance Clause Open End Mortgage
Open $576,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Price Changed $839,000 0.0% $465 / Sq Ft
02/21/2025 02/21/25 For Sale $839,000 +4.9% $465 / Sq Ft
02/03/2025 02/03/25 Off Market $800,000 -- --
09/27/2024 09/27/24 For Sale $800,000 +11.1% $444 / Sq Ft
11/19/2021 11/19/21 Sold $720,000 -5.2% $399 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $759,237 +82.9% $421 / Sq Ft
09/15/2017 09/15/17 Sold $415,000 0.0% $230 / Sq Ft
09/01/2017 09/01/17 Off Market $415,000 -- --
03/07/2017 03/07/17 For Sale $415,000 -- $230 / 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 $1,098 $49,580 $0 $0
2020 $1,098 $42,160 $0 $0
2019 $1,118 $42,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 321703

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-904