NOT LISTED FOR SALE

1940 W Beach Blvd Unit 702 Gulf Shores, AL 36542

Estimated Value: $831,000 - $931,302

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

Last Sold December 21, 2016

Last sale price $445,000 $247 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,801/month

108 Days on Market

Highlights

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

About This Home

As of December 2016

Lower your blood pressure, take a deep breath and enjoy a panoramic waterfront view from your own private deck. Over 1800 sqft of luxurious waterfront living! Custom details abound in this spacious 3/3 located on quiet, peaceful section of West Beach Blvd. Only 32 units in this low density building so you never have a problem getting a parking space and never have to wait on an elevator. Never rented. Floor to ceiling glass walls with breathtaking views of Little Lagoon and amazing sunsets. Granite countertops, wet bar and icemaker, custom backsplash, stainless appliances and tile throughout the living areas. Giant curved deck. Guaranteed, deeded beach access with private Lagoon Tower boardwalk. First come, First serve boat slips. Extra storage, open floor plan. Sold furnished.

Last Agent to Sell the Property

David Swiger

Swiger & Company Listed on: 09/02/2016

Last Buyer's Agent

Gina Sentell

Century 21 J Carter & Company

Century 21 J Carter & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,559

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
  • Furnished
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Pool Views

Kitchen

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

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
  • Wrap Around Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6706233001014000912

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
  • 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

$2,559

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), High Ceilings, Window Treatments, Wrap Around Balcony
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Lagoon Front, Pool Area View
  • Zoning Area: Pud
  • Parcel Id Tax Id: 6706233001014000912
  • 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, 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: 25x
  • Master Bed: Dimensions: 12x12
  • Price Per Sq Ft: 246.81
  • Property Interior Stories: 1

Exterior Features

  • Boat Facilities: Slip-1st Come 1st Served, Water Depth (4 Ft-)
  • Exterior Finish: Stucco
  • Roof: Built Up Flat
  • 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: 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, Taxes-Common Area, 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)

Rental Info

  • Furnished: Yes

Tax Info

  • Assessor Parcel Number: 298507

Multi Family

  • Number Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 20, 2016
Sold by
West Gary and West Patricia
Bought by
Lawrence David Anthony and Lawrence Maria Teresa
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
Gina Sentell
Century 21 J Carter & Company
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$872,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,326
Avg. Annual Appreciation
7.90%
Original Mortgage
$333,750
Outstanding Balance
$272,933
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$599,393

Purchase Details

Closed on
May 20, 2009
Sold by
Wilson Barbara Ellen and Wilson Marty Lloyd
Bought by
West Gary and West Patricia

Purchase Details

Closed on
Jul 2, 2007
Sold by
Lagoon Tower Inc
Bought by
Wilson Barbara Ellen and Wilson Marty Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,600
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Lawrence David Anthony $445,000 None Available
West Gary -- None Available
Wilson Barbara Ellen -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence David Anthony $333,750
Previous Owner Wilson Barbara Ellen $605,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $445,000 0.0% $247 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $445,000 -- $247 / 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 $2,559 $77,540 $0 $77,540
2023 $2,410 $73,020 $0 $73,020
2022 $2,202 $66,720 $0 $0
2021 $1,636 $49,580 $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: 244038

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-912