NOT LISTED FOR SALE

Estimated Value: $1,221,810

4 Beds
2 Baths
1,500 Sq Ft
$815/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $775,000 $517 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,065/month

1,873 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Central Heating and Cooling System
  • Beachside
  • En-Suite Primary Bedroom
  • Combination Dining and Living Room

About This Home

As of August 2018

NEWLY UPGRADED! IS THIS SPACIOUS 4 BEDROOM/ 2 BATH GULF FRONT HOME LOCATED IN FORT MORGAN. IT COMES WITH A COVERED PORCH, A SCREENED PORCH AND AN OPEN SUN DECK. IT'S A RENTAL MACHINE WITH OVER $70K PRESENTLY BOOKED FOR 2017 AND HAD OVER $75K RENTAL INCOME IN 2016. IT'S SOLD FURNISHED AND RENT READY WITH ALL RESERVATIONS TRANSFERRING TO NEW BUYER. ALL ROOM SIZES ARE APPROXIMATE, BUYER TO VERIFY ALL ROOM DIMENSIONS.

Last Agent to Sell the Property

Frank Reed

Reed Real Estate & Const., Inc Listed on: 04/27/2013

Last Buyer's Agent

Frank Reed

Reed Real Estate & Const., Inc Listed on: 04/27/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 1989

Lot Details

  • Property fronts gulf or ocean
  • Beachside
  • Property is zoned 2+ Family Residence, Outside Corp Limits

Parking

  • Garage

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Combination Dining and Living Room
  • Utility Room Outside

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 69-08-01-0004-058000

Community Details

Overview

  • Pamela Court Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Amenities: Porch-Open
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Direct Gulf Front
  • Zoning Area: 2+ Family Residence, Outside Corp Limits
  • Parcel Id Tax Id: 69-08-01-0004-058000
  • Year Built: 1989
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Pamela Court
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 1500
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level
  • Bedroom 4: Dimensions: 8X13, On Level: Main Level
  • Bedrooms: 4
  • Dining Area: Dimensions: 10X12, On Level: Main Level
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Fireplace: No Fireplace
  • Floors: Vinyl, Laminate
  • Kitchen: Dimensions: 11X12, On Level: Main Level
  • Living Room: Dimensions: 18X21, On Level: Main Level
  • Master Bed: Dimensions: 13X13, On Level: Main Level
  • Other Rooms: Utility Room-Outside
  • Price Per Sq Ft: 516.67
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Wood
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Beach Side - Building, Gulf Front - Building

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Grinder Pump, Total Electric, Water Heater-Electric, Water-City

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 20
  • Lot Description: Less Than 1 Acre
  • Lot Size: 70'X385'+/-

Tax Info

  • Property Taxes: 2571
  • Assessor Parcel Number: 039663

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2013
Closed on
Aug 6, 2018
Sold by
Gresham Gary K
Bought by
Nazzareno Paul R and The Nazzreno Family Trust
Seller's Agent
Frank Reed
Reed Real Estate & Const., Inc
Buyer's Agent
Frank Reed
Reed Real Estate & Const., Inc
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Current Estimated Value
$1,221,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,810
Avg. Annual Appreciation
6.31%
Original Mortgage
$575,000
Outstanding Balance
$504,510
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$690,690

Purchase Details

Closed on
Mar 24, 2006
Sold by
Montgomery Cecilia K
Bought by
Gresham Gary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.25%
Mortgage Type
New Conventional
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
Nazzareno Paul R $775,000 None Available
Gresham Gary K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazzareno Paul R $575,000
Previous Owner Gresham Gary K $750,000
Previous Owner Gresham Gary K $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $775,000 -3.0% $517 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
10/19/2017 10/19/17 Price Changed $799,000 -3.2% $533 / Sq Ft
04/27/2013 04/27/13 For Sale $825,000 -- $550 / 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 $5,038 $179,920 $179,920 $0
2023 $3,882 $138,660 $138,660 $0
2022 $3,266 $116,660 $0 $0
2021 $3,551 $97,020 $0 $0
2020 $3,894 $137,060 $0 $0
2019 $3,928 $138,280 $0 $0
2018 $3,250 $115,940 $0 $0
2017 $2,861 $102,020 $0 $0
2016 $2,811 $100,220 $0 $0
2015 -- $95,940 $0 $0
2014 -- $93,080 $0 $0
2013 -- $99,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 198573

Baldwin REALTORS®

APN: 69-08-01-0-004-058.000