NOT LISTED FOR SALE

1940 W Beach Blvd Unit 802 Gulf Shores, AL 36542

Estimated Value: $830,000 - $918,000

3 Beds
3 Baths
1,803 Sq Ft
$490/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $510,000 $283 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,897/month

57 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fitness Center
  • Community Barbecue Grill
  • Gulf Shores Elementary School Rated A-
  • Home fronts a lagoon or estuary
  • Tile Flooring

About This Home

As of July 2018

Don't miss out on the opportunity to own this beautiful 3 bedroom 3 bath unit in Lagoon Tower with spectacular views. Not only can you enjoy the views of the lagoon but also indirect views of the gulf from every room. This unit is in pristine condition! With only 2 units per floor, there is no shortage of privacy in Lagoon Tower. Enjoy the amenities this complex offers such as the pier with first come, first serve boat slips, a fitness room, hot tub, indoor and outdoor pools and deeded beach access. Did I mention views? Enough cannot be said about them! Please call for your showing today. Buyers to verify all information.

Last Agent to Sell the Property

Lee Ann Brett-mcvay

Brett R/E Robinson Dev OB Listed on: 05/07/2018

Last Buyer's Agent

Sandy Davenport

Kaiser Sotheby's Int-GS

Kaiser Sotheby's Int-GS

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

HOA Fees

  • $825 Monthly HOA Fees

Home Design

  • 1,803 Sq Ft Home
  • Entry on the 8th floor
  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Built-Up Roof
  • Stucco Exterior

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000914

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, trash, water/sewer
  • 2 Elevators
  • Lagoon Tower Community
  • The community has rules related to covenants, conditions, and restrictions
  • 19-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,117

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 Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Lagoon Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-23-3-001-014.000914
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Convection Oven, Microwave, Range-Electric, Refrigerator, Smoke Detector, Wine Cooler
  • Estimated Living Area: 1803
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10X10, On Level: Main Level
  • Living Room: Dimensions: 25X16, On Level: Main Level
  • Master Bed: Dimensions: 16X14, On Level: Main Level
  • Price Per Sq Ft: 282.86
  • Property Interior Stories: 1
  • Unit Floor: 8
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Boat Facilities: Slip-1st Come 1st Served
  • Body Of Water: Little Lagoon
  • Exterior Finish: Stucco
  • Roof: Built Up Flat
  • Waterfront: Yes
  • Water Property Type: Deeded Access, Lagoon Front - Building

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric (Cool)
  • Utilities: Cable Tv, Underground Utilities, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 825
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Exercise Room, Landscaping
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Tax Info

  • Property Taxes: $1,199.47
  • Assessor Parcel Number: 298509

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Shelton Donald W and Shelton Barbara J
Bought by
Roitman Isaac and Roitman Elizabeth Mccarthy
Current Estimated Value
$883,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$433,156
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$450,218

Purchase Details

Closed on
Sep 7, 2010
Sold by
Mccarron Kevin and Mccarron Claire G
Bought by
Bennett Richard M and Bennett Valerie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Mccarron Sally Northington
Bought by
Mccarron Kevin and Mccarron Claire G

Purchase Details

Closed on
Mar 7, 2007
Sold by
Lagoon Tower Inc
Bought by
Mccarron Joseph E and Mccarron Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Roitman Isaac $680,000 None Available
Bennett Richard M -- Gst
Mccarron Kevin -- None Available
Mccarron Joseph E -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roitman Isaac $475,000
Previous Owner Bennett Richard M $210,000
Previous Owner Mccarron Joseph E $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $510,000 -3.8% $283 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $530,000 -- $294 / 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 $2,202 $66,720 $0 $0
2021 $3,272 $60,400 $0 $0
2020 $3,320 $99,160 $0 $0
2019 $3,379 $100,960 $0 $0
2018 $1,199 $45,980 $0 $0
2017 $1,128 $43,280 $0 $0
2016 $980 $37,680 $0 $0
2015 $1,115 $35,160 $0 $0
2014 $1,115 $35,160 $0 $0
2013 -- $30,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Brett-mcvay

    Seller's Agent in 2018

    Lee Ann Brett-mcvay

    Brett R/E Robinson Dev OB

    (251) 223-1415

    8 in this area

    30 Total Sales

    Lee Ann Brett-mcvay
    Section Image
  • Sandy Davenport

    Buyer's Agent in 2018

    Sandy Davenport

    Kaiser Sotheby's Int-GS

    (251) 550-5500

    33 in this area

    104 Total Sales

    Sandy Davenport
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 269343

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-914

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 802, Gulf Shores, AL

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