NOT LISTED FOR SALE

1940 W Beach Blvd Unit 901 Gulf Shores, AL 36542

Estimated Value: $796,000 - $940,542

3 Beds
3 Baths
1,860 Sq Ft
$471/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $550,000 $296 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,641/month

20 Days on Market

Highlights

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

About This Home

As of January 2021

Floor to ceiling impact glass windows show off the wonderful views of the Gulf of Mexico and Lagoon from this upscale unit with stainless appiances, granite and high ceilings. Lagoon Tower offers secure entry, indoor and outdoor pools, exercise room, fishing pier, boat slips and deeded beach access. With only 32 residences, Lagoon Tower is one of the most private and elegant West Beach properties available today.

Last Agent to Sell the Property

Craig Jackson

Bellator RE LLC Orange Beach Listed on: 11/17/2020

Bellator RE LLC Orange Beach

Last Buyer's Agent

Debbie and Daral Haney

White Shores Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 2007

Lot Details

  • Home fronts a lagoon or estuary
  • Landscaped
  • Sprinkler System

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Gulf
  • Lagoon

Home Design

  • Entry on the 9th floor
  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 1,860 Sq Ft Home
  • Wet Bar
  • Furnished
  • High Ceiling
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000915
  • $1,000 special tax assessment

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, 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 Barbecue Grill
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,657

Year Built

Built in 2007

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Covered Patio, En-Suite, High Ceilings, Internet, Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 1000
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf-Across Rd, Indirect Lagoon Side
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-23-3-001-014.000915
  • Year Built: 2007
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer, Cooktop
  • Estimated Living Area: 1860
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x14, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Carpet, Tile
  • Great Room: Dimensions: 23x23, On Level: Main Level
  • Kitchen: Dimensions: 10x15, On Level: Main Level
  • Master Bed: Dimensions: 13x16, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Jetted Tub, Separate Shower, Balcony/Patio, Private Water Closet, Direct Gulf View - Master
  • Price Per Sq Ft: 295.7
  • Property Interior Stories: 1
  • Unit Floor: 9
  • 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, Central Electric (Cool), Central Heat
  • Utilities: Sewage-City, Total Electric, 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, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Condo 3-Bdrms In Complex, Covered Entry, Exercise Room, Fire Sprinkler System, Fishing Pier, Internet, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Owners Only, Water Access-Deeded
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1657
  • Assessor Parcel Number: 298510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Jan 6, 2021
Sold by
Jones Debrah R and The Debrah R Jones Revocable T
Bought by
Wakefield Todd C and Wakefield Sherri S
Seller's Agent
Craig Jackson
Bellator RE LLC Orange Beach
Buyer's Agent
Debbie and Daral Haney
White Shores Realty, LLC
List Price
$574,900
Sold Price
$550,000
Premium/Discount to List
-$24,900
-4.33%
Current Estimated Value
$875,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,636
Avg. Annual Appreciation
10.17%
Original Mortgage
$440,000
Outstanding Balance
$392,701
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$482,935

Purchase Details

Closed on
Mar 30, 2010
Sold by
Riley Michael Gates and Gregory Kerri Ellen
Bought by
Vanvickle Kathy L and Jones Debrah R

Purchase Details

Closed on
Mar 9, 2007
Sold by
Lagoon Tower Inc
Bought by
Riley Michael Gates and Riley Kerri Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,800
Interest Rate
6.37%
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
Wakefield Todd C -- Professional Land Title Inc
Vanvickle Kathy L -- None Available
Riley Michael Gates -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakefield Todd C $440,000
Previous Owner Riley Michael Gates $599,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $550,000 -2.4% $296 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/03/2020 12/03/20 Price Changed $563,580 -2.0% $303 / Sq Ft
11/17/2020 11/17/20 For Sale $574,900 -- $309 / 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 $2,394 $72,540 $0 $72,540
2022 $2,179 $66,040 $0 $0
2021 $3,266 $49,480 $0 $0
2020 $3,315 $98,960 $0 $0
2019 $1,657 $50,220 $0 $0
2018 $1,657 $50,220 $0 $0
2017 $1,596 $48,360 $0 $0
2016 $1,283 $38,880 $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

  • Craig Jackson

    Seller's Agent in 2021

    Craig Jackson

    Bellator RE LLC Orange Beach

    (251) 923-6436

    27 in this area

    73 Total Sales

    Craig Jackson
    Section Image

  • D

    Buyer's Agent in 2021

    Debbie and Daral Haney

    White Shores Realty, LLC

    (251) 968-4316

    14 in this area

    33 Total Sales

    Debbie and Daral Haney
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 306295

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-915

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit 901, Gulf Shores, AL

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