NOT LISTED FOR SALE

200 W 1st Ave Gulf Shores, AL 36542

Estimated Value: $1,246,000 - $1,387,000

6 Beds
6 Baths
4,224 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $725,000 $172 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,627/month

208 Days on Market

Highlights

  • Community Beach Access
  • Gulf View
  • Corner Lot
  • Gulf Shores Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of October 2019

6 BEDROOMS, 6 BATHS of WOW! Over 4200 square feet of absolute RENTAL MACHINE! This REVENUE GOLDEN EGG producer is located just a block from the Gulf of Mexico and has an amazing panoramic view of the Gulf and Gulf Place. This amazing building rents like a duplex with a full 3 bedroom, 3 bath separate living area on each level with mirror image den, kitchen, and dining floorplan...over 2100 sqft on each level (top and bottom). Huge 50 X 197' lot covers the entire corner. 2 levels of revenue-- Top floor produced $59,000 in 2018 as per seller. Bottom floor was not rented in 2018. See documents for rental projections from Beach Ball Properties. Guaranteed beach access is just steps away and restaurants, festivals, shopping, and all of the Gulf Place attractions are just a short walk down the street. Sold completely furnished with tons of parking and lots of room for guests....bring the big family reunions, weddings, and large parties! Call today for your private showing. Buy now and reap the benefits of the peak rental season!

Last Agent to Sell the Property

David Swiger

Swiger & Company Listed on: 02/11/2019

Last Buyer's Agent

Joseph Smith

RE/MAX Paradise

RE/MAX Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50 x 197
  • Corner Lot
  • Level Lot
  • 2 Lots in the community
  • Property is zoned 2+ Family Residence

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-2-000-222.000, 05-66-04-20-2-000-221.000

Community Details

Amenities

  • Community Wi-Fi

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Bunk Alcove, Cable, Ceiling Fan(s), Covered Patio, En-Suite, Internet, Porch-Open, Storage-Out, Wet Bar
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Indirect Gulf-Across Rd
  • Zoning Area: 2+ Family Residence
  • Parcel Id Tax Id: 66-04-20-2-000-222.000, 05-66-04-20-2-000-221.000
  • Year Built: 2004
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 4224
  • Bathrooms: 6
  • Bedroom 2: Dimensions: 12x12, On Level: Main Level
  • Bedroom 3: Dimensions: 12x12, On Level: Main Level
  • Bedroom 4: Dimensions: 14x12, On Level: 2
  • Bedroom 5: Dimensions: 12x12, On Level: 2
  • Bedrooms: 6
  • Dining Area Type: Lvg/Dng Combo
  • Floors: Carpet, Wood
  • Kitchen: Dimensions: 12x13, On Level: Main Level
  • Living Room: Dimensions: 16x18, On Level: Main Level
  • Master Bed: Dimensions: 14x12, On Level: Main Level
  • Price Per Sq Ft: 171.64
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Walk In Closet

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Double Carport, Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Community Amenities: Internet, Pets - Allowed
  • Condo Building Stories: 2

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 2
  • Lot Description: Less Than 1 Acre, Corner Lot, Level
  • Lot Size: 50 x 197
  • Number Lots: 2

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 3047.70
  • Assessor Parcel Number: 18757

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

Listed on
Feb 11, 2019
Closed on
Oct 18, 2019
Sold by
Usaaus Llc
Bought by
Perkins Ty Paul
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
Joseph Smith
RE/MAX Paradise
List Price
$890,000
Sold Price
$725,000
Premium/Discount to List
-$165,000
-18.54%
Current Estimated Value
$1,326,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,518
Avg. Annual Appreciation
10.52%
Original Mortgage
$616,250
Interest Rate
3.4%
Mortgage Type
Commercial
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
Perkins Ty Paul $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Perkins Ty Paul $616,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $725,000 -9.3% $172 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
04/01/2019 04/01/19 Price Changed $799,000 -10.2% $189 / Sq Ft
02/11/2019 02/11/19 For Sale $890,000 -- $211 / 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 $7,802 $236,420 $35,460 $200,960
2023 $7,787 $235,980 $30,240 $205,740
2022 $5,692 $172,480 $0 $0
2021 $3,770 $143,800 $0 $0
2020 $4,645 $140,760 $0 $0
2019 $3,944 $119,500 $0 $0
2018 $3,023 $91,620 $0 $0
2017 $2,996 $90,800 $0 $0
2016 $3,037 $92,040 $0 $0
2015 -- $83,880 $0 $0
2014 -- $102,380 $0 $0
2013 -- $42,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Swiger

    Seller's Agent in 2019

    David Swiger

    Swiger & Company

    (251) 609-2873

    105 in this area

    172 Total Sales

    David Swiger
    Section Image
  • Joseph Smith

    Buyer's Agent in 2019

    Joseph Smith

    RE/MAX

    (251) 564-6841

    42 in this area

    135 Total Sales

    Joseph Smith
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 279581

Baldwin REALTORS®

APN: 66-04-20-2-000-222.000

Alabama Baldwin County Gulf Shores 36542

200 W 1st Ave, Gulf Shores, AL

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