NOT LISTED FOR SALE

1940 W Beach Blvd Unit 402 Gulf Shores, AL 36542

Estimated Value: $756,000 - $910,465

3 Beds
3 Baths
1,803 Sq Ft
$468/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $384,450 $213 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,866/month

About This Home

Great fourth floor unit overlooking Little Lagoon. Spacious living area and master suite open directly on Lagoon front balcony. Stainless steel appliances, wet bar, and tile throughout living area are just a few of the amenities in luxury unit. Complex includes indoor and outdoor pool, deeded beach access, fitness room, and community pier on Lagoon.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Sep 30, 2015
Sold by
Cahoon David P and Spence Edwin J
Bought by
Iverson David and Iverson Kelly
Seller's Agent
Tucker Shaver
Signature Properties
Buyer's Agent
Amy Norris
Bellator RE LLC Orange Beach
List Price
$384,450
Sold Price
$384,450
Current Estimated Value
$844,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,666
Avg. Annual Appreciation
8.11%
Original Mortgage
$307,560
Outstanding Balance
$242,477
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$601,639

Purchase Details

Closed on
Jul 13, 2007
Sold by
Lagoon Tower Inc
Bought by
Cahoon David P and Spence Edwin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Iverson David $384,450 Slt
Cahoon David P -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iverson David $307,560
Previous Owner Cahoon David P $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2015 09/30/15 Sold $384,450 0.0% $213 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $384,450 -- $213 / Sq Ft

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

  • Tucker Shaver

    Seller's Agent in 2015

    Tucker Shaver

    Signature Properties

    (251) 609-9292

    29 in this area

    265 Total Sales

    Tucker Shaver
    Section Image
  • Amy Norris

    Buyer's Agent in 2015

    Amy Norris

    Bellator RE LLC Orange Beach

    (251) 609-2919

    27 in this area

    93 Total Sales

    Amy Norris
    Section Image
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Map

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 402, Gulf Shores, AL

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