NOT LISTED FOR SALE

1940 W Beach Blvd Unit PH19 Gulf Shores, AL 36542

Estimated Value: $1,219,385 - $1,555,000

4 Beds
3.5 Baths
3,746 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $2,625,000 $701 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $9,760/month

114 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Fishing Pier
  • Gulf Shores Elementary School Rated A-
  • Property fronts gulf or ocean
  • Home fronts a lagoon or estuary

About This Home

As of June 2022

Gulf Front 50' lot and Lagoon Tower in 1 purchase. Best of both worlds with condo living and gulf front lot with multiple opportunities. This unit is a MUST SEE, completely remodeled 4 bedroom, 3.5 bath with Media Room Penthouse unit at Lagoon Tower and Gulf front lot available adjacent to this building. Meticulously thought out details in every room. Large open floor plan with reclaimed wood floors throughout, great areas for entertaining, custom zinc Dining Area. Kitchen complete with Double Oven, Electrolux Stove, Sub-Zero fridge and freezer, wine cooler, ice maker and much more. The 360 degree views of Gulf of Mexico and Little Lagoon in this unit are truly breathtaking. Master bedroom is finished with Old Chicago brick walls, extensive Wet Bar and Master Bathroom with custom tile shower and freestanding tub. Guest bedroom #3 is complete with Custom Built In Bunk Beds to sleep 3. All rooms are finished with electric blinds. Lot tax PPIN 59392

Last Agent to Sell the Property

Erin Kaiser

Kaiser Sotheby's Int-GS Listed on: 01/04/2022

Kaiser Sotheby's Int-GS

Last Buyer's Agent

Timothy Wilson

Kaiser Sotheby's Int-GS

Kaiser Sotheby's Int-GS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts gulf or ocean
  • Landscaped
  • Sprinkler System

HOA Fees

  • $1,650 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Bay
  • Gulf

Home Design

  • Entry on the 19th floor
  • Block Foundation
  • Stucco Exterior

Interior Spaces

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

Kitchen

  • Double Convection Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 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
  • Covered Patio or Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 67-06-23-3-001-014.000932

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, reserve funds, taxes-common area, trash
  • 2 Elevators
  • Lagoon Tower Community
  • The community has rules related to covenants, conditions, and restrictions
  • 19-Story Property

Recreation

  • Fishing Pier
  • Community Beach Access
  • Community Indoor Pool
  • Community Spa

Additional Features

  • Lobby
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,083

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,650 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Bunk Room, Cable, Carbon Monoxide Detector, Ceiling Fan(s), Covered Patio, High Ceilings, Internet, Storage-In, Wet Bar, Window Treatments
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf-Across Rd, Direct Lagoon Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 67-06-23-3-001-014.000932
  • Year Built: 2005
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT PH19 LAGOON TOWER CONDO IN THE CITY OF GULF SHORES SEC 23-T9S-R3E (WD/SURVIVORSHIP)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Convection Oven, Double Oven, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator, Smoke Detector, Washer, Wine Cooler
  • Estimated Living Area: 3746
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 16x12, On Level: Main Level
  • Bedroom 3: Dimensions: 16x11, On Level: Main Level
  • Bedroom 4: Dimensions: 16x11, On Level: Main Level
  • Bedrooms: 4
  • Elevators: 2
  • Floors: Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 21x14, On Level: Main Level
  • Living Dining: Dimensions: 32x38, On Level: Main Level
  • Master Bed: Dimensions: 19x20, On Level: Main Level
  • Price Per Sq Ft: 700.75
  • Property Interior Stories: 1
  • Unit Floor: 19
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Walk In Closet, Balcony/Patio, Private Water Closet, Direct Bay View-Primary

Exterior Features

  • Boat Facilities: Boat Dock, Slip-1st Come 1st Served
  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Gulf Front - Building, Lagoon Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Cable Tv, Water Heater-Electric, Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 1650
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Reserve Funds, Taxes-Common Area, Trash
  • Community Amenities: Common Lobby, Condo 3-Bdrms In Complex, Condo 4-Bdrms In Complex, Covered Entry, Fencing, Fire Sprinkler System, Fishing Pier, Pool - Indoor, Landscaping, Pool - Outdoor, Pets - Allowed, Spa/Hot Tub, Water Access-Deeded
  • Condo Building Stories: 19
  • Condo Complex: Lagoon Tower

Lot Info

  • Lot Block Unit: PH19

Rental Info

  • Furnished: Partially
  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 3082.74
  • Assessor Parcel Number: 298527

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
L & N Holdings Llc
Bought by
Phelps Moon Joseph and Lea Moon Susan
Current Estimated Value
$1,399,596

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jun 29, 2022
Sold by
Willis Phil A and Willis Laura A
Bought by
L & N Holdings Llc
Seller's Agent
Erin Kaiser
Kaiser Sotheby's Int-GS
Buyer's Agent
Timothy Wilson
Kaiser Sotheby's Int-GS
List Price
$2,250,000
Sold Price
$2,625,000
Premium/Discount to List
$375,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.21%
Original Mortgage
$2,060,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2015
Closed on
Nov 2, 2015
Sold by
Calvert Larry M and Calvert Regina Kay
Bought by
Willis Phil and Willis Laura
Seller's Agent
LYDIA FRANZ
Century 21 J Carter & Company
Buyer's Agent
Non Member
Non Member Office
List Price
$885,000
Sold Price
$885,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%

Purchase Details

Closed on
May 5, 2008
Sold by
Lagoon Tower Inc
Bought by
Calvert Larry M and Calvert Regina Kay
Source: Public Records

Range of Values:

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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
Phelps Moon Joseph $2,625,000 Accommodation/Courtesy Recordi
L & N Holdings Llc $2,625,000 Harrison Matthew R
Willis Phil $885,000 Slt
Calvert Larry M -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L & N Holdings Llc $2,060,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $2,625,000 -7.1% $701 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $2,825,000 +25.6% $754 / Sq Ft
01/04/2022 01/04/22 For Sale $2,250,000 +154.2% $601 / Sq Ft
11/02/2015 11/02/15 Sold $885,000 0.0% $236 / Sq Ft View Prior Sale
10/03/2015 10/03/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $885,000 -- $236 / 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 $8,975 $271,960 $0 $271,960
2023 $8,975 $271,960 $0 $271,960
2022 $4,102 $125,680 $0 $0
2021 $3,083 $94,780 $0 $0
2020 $3,083 $94,780 $0 $0
2019 $3,128 $94,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erin Kaiser

    Seller's Agent in 2022

    Erin Kaiser

    Kaiser Sotheby's Int-GS

    (251) 752-1640

    21 in this area

    91 Total Sales

    Erin Kaiser
    Section Image
  • Timothy Wilson

    Buyer's Agent in 2022

    Timothy Wilson

    Kaiser Sotheby's Int-GS

    (251) 978-0745

    23 in this area

    90 Total Sales

    Timothy Wilson
    Section Image
  • LYDIA FRANZ

    Seller's Agent in 2015

    LYDIA FRANZ

    Century 21 J Carter & Company

    (251) 981-2400

    4 in this area

    21 Total Sales

    LYDIA FRANZ
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member

    Non Member Office

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Map

Source: Baldwin REALTORS®

MLS Number: 324411

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-932

Alabama Baldwin County Gulf Shores 36542

1940 W Beach Blvd Unit PH19, Gulf Shores, AL

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