NOT LISTED FOR SALE

1940 W Beach Blvd Unit PH 17 Gulf Shores, AL 36542

Estimated Value: $1,237,812 - $1,429,000

5 Beds
3.5 Baths
3,746 Sq Ft
$348/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,200,000 $320 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,184/month

114 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 April 2023

Step off the elevator into the foyer of this absolutely beautiful 3700 SF +/- Penthouse in Lagoon Tower. It has fabulous views of the Gulf, Little Lagoon and Mobile Bay. Lagoon Tower is low density complex would make a fabulous primary/secondary home or investment. PH17 is beautifully decorated. It has custom window treatments, stainless steel appliances, new washer/dryer and bedrooms with Melanie Martin touches throughout. All bedrooms, living/dining and kitchen have floor to ceiling windows. Large pantry with additional refrigerator, large laundry room, and storage closet in the unit and downstairs. This is a MUST SEE to appreciate condo. Amenities include outdoor and indoor pool with spa, grill deck, exercise room, first come first serve boat slips with pier house, and deeded beach access. PH17 is fully furnished and waiting for you!

Last Agent to Sell the Property

Lee Mason

Epique Realty Listed on: 11/23/2022

Epique Realty

Last Buyer's Agent

Rodney Hogan

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,843

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary

HOA Fees

  • $1,650 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 17th floor
  • Reinforced Concrete Foundation
  • Piling Construction

Interior Spaces

  • 3,746 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Wrap Around Balcony

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Air
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000930

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, internet, pool
  • 2 Elevators
  • Lagoon Tower Community
  • 19-Story Property

Recreation

  • Fishing Pier
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,843

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,650 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Ceiling Fan(s), En-Suite, High Ceilings, Internet, Storage-In, Wet Bar, Window Treatments, Wrap Around Balcony
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd, Direct Lagoon Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-23-3-001-014.000930
  • Year Built: 2005
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT PH17 LAGOON TOWER CONDO IN THE CITY OF GULF SHORES SEC 23-T9S-R3E (QCD/SURVIVORSHIP) IN#1896525
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Refrigerator W/Ice Maker, Smoke Detector, Washer, Wine Cooler
  • Estimated Living Area: 3746
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12 x 12, On Level: Main Level
  • Bedroom 3: Dimensions: 11 x 13, On Level: Main Level
  • Bedroom 4: Dimensions: 11 x 13, On Level: Main Level
  • Bedroom 5: Dimensions: 11 x 11, On Level: Main Level
  • Bedrooms: 5
  • Elevators: 2
  • Floors: Carpet, Tile
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 14 x 15, On Level: Main Level
  • Living Dining: Dimensions: 26 x 27, On Level: Main Level
  • Master Bed: Dimensions: 25 x 24, On Level: Main Level
  • Price Per Sq Ft: 320.34
  • Property Interior Stories: 1
  • Unit Floor: 17
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Walk In Closet, Balcony/Patio, Private Water Closet

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool), Heat Pump (Cool)
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 1650
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Condo 3-Bdrms In Complex, Condo 4-Bdrms In Complex, Exercise Room, Fishing Pier, Pool - Indoor, Pool - Outdoor, Water Access-Deeded
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Lot Info

  • Lot Block Unit: PH17

Tax Info

  • Property Taxes: 2843.28
  • Assessor Parcel Number: 298525

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Hogan Rodney
Bought by
Matt Lumpkins Family Llc
Current Estimated Value
$1,302,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Outstanding Balance
$910,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$392,953

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 14, 2023
Sold by
Boyter Lori L
Bought by
Hogan Rodney
Seller's Agent
Lee Mason
Epique Realty
Buyer's Agent
Rodney Hogan
eXp Realty Southern Branch
List Price
$1,999,000
Sold Price
$1,200,000
Premium/Discount to List
-$799,000
-39.97%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Mar 5, 2021
Sold by
Boyter Lori L and Estate Of Mitchell Leon Boyter
Bought by
Boyter Lori L

Purchase Details

Listed on
Dec 29, 2016
Closed on
Aug 27, 2018
Sold by
Plumlee Tara S
Bought by
Boyter Mitch and Middleton Mark
Seller's Agent
Kristy Bushaw
RE/MAX Paradise
Buyer's Agent
Lee Mason
Epique Realty
List Price
$899,999
Sold Price
$885,500
Premium/Discount to List
-$14,499
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
Jul 1, 2012
Sold by
The Proteus Group Llc
Bought by
Lagoon Tower Inc

Purchase Details

Closed on
Aug 1, 2007
Sold by
Lagoon Tower Inc
Bought by
The Proteus Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,267,646
Interest Rate
6.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Matt Lumpkins Family Llc $1,300,000 None Listed On Document
Matthew Lumplins Family Llc $1,300,000 Pearl Title & Escrow
Hogan Rodney $1,200,000 None Listed On Document
Boyter Lori L -- None Available
Boyter Mitch $885,500 None Available
Lagoon Tower Inc -- None Available
The Proteus Group Llc -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthew Lumplins Family Llc $910,000
Previous Owner The Proteus Group Llc $1,267,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $1,200,000 -19.9% $320 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $1,499,000 -25.0% $400 / Sq Ft
11/23/2022 11/23/22 For Sale $1,999,000 +125.7% $534 / Sq Ft
08/31/2018 08/31/18 Sold $885,500 -1.6% $236 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $899,999 0.0% $240 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $899,999 -7.7% $240 / Sq Ft
12/29/2016 12/29/16 For Sale $975,000 +27.5% $260 / Sq Ft
11/03/2014 11/03/14 Sold $765,000 0.0% $204 / Sq Ft View Prior Sale
10/04/2014 10/04/14 Pending -- -- --
08/06/2012 08/06/12 For Sale $765,000 -- $204 / 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 $8,159 $247,240 $0 $247,240
2023 $8,159 $247,240 $0 $247,240
2022 $7,541 $228,500 $0 $0
2021 $2,843 $86,160 $0 $0
2020 $2,843 $86,160 $0 $0
2019 $2,843 $86,160 $0 $0
2018 $5,538 $164,820 $0 $0
2017 $5,365 $159,580 $0 $0
2016 $5,044 $149,840 $0 $0
2015 $5,044 $149,840 $0 $0
2014 $5,044 $149,840 $0 $0
2013 -- $127,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Mason

    Seller's Agent in 2023

    Lee Mason

    Epique Realty

    (850) 512-2057

    35 in this area

    103 Total Sales

    Lee Mason
    Section Image

  • R

    Buyer's Agent in 2023

    Rodney Hogan

    eXp Realty Southern Branch

    (256) 784-9400

    5 in this area

    10 Total Sales

    Rodney Hogan
    Section Image
  • Kristy Bushaw

    Seller's Agent in 2018

    Kristy Bushaw

    RE/MAX

    (251) 223-1111

    63 in this area

    186 Total Sales

    Kristy Bushaw
    Section Image
  • The Harrison Team

    Seller's Agent in 2014

    The Harrison Team

    Bonds Realty & Auction

    (251) 948-1215

    80 in this area

    106 Total Sales

    The Harrison Team
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    Non Member Office

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Map

Source: Baldwin REALTORS®

MLS Number: 339042

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-930

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit PH 17, Gulf Shores, AL

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