NOT LISTED FOR SALE

263 Preston Way Gulf Shores, AL 36542

Estimated Value: $354,422 - $408,000

4 Beds
2 Baths
1,787 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $316,665 $177 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,195/month

Highlights

  • New Construction
  • Traditional Architecture
  • Walk-In Closet
  • Gulf Shores Elementary School Rated A-
  • Attached Garage
  • Living Room

About This Home

As of March 2022

As you enter the Cali A , the foyer leads to the fabulous open kitchen featuring a large pantry and island with an overhang that overlooks the family room. The bedroom suite has a roomy attached bathroom, double bowl vanity, 5’ shower, soaking tub, and large walk-in closet. The second and third bedrooms are to the front of the home, on either side of the second full bath. The 4th bedroom is across the hall from bedrooms 2 and 3. Multiple closets to store all your accessories, laundry room. The home will be built to Gold FORTIFIED HomeTM Certification, which may save the buyer on their homeowner's insurance. The home will also include a Home is Connected (SM) Smart Home Package. * Home is under construction. Estimated completion date is by end of February 2022

Last Agent to Sell the Property

Tim Maatouk

DHI Realty of Alabama, LLC Listed on: 12/19/2021

DHI Realty of Alabama, LLC

Co-Listed By

Robyn Willingham

DHI Realty of Alabama, LLC

Last Buyer's Agent

Beach Blvd Team

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 50x140x106x140

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,787 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance
  • Raley Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-61-05-21-4-001-001.023

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: New Construction
  • Property Amenities: Termite Contract
  • Property Type: Residential Detached
  • Style: Traditional
  • Owners Association: Yes
  • Parcel Id Tax Id: 05-61-05-21-4-001-001.023
  • Year Built: 2022
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Subdivsn Or Commnty: Raley Farms
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Smoke Detector, Cooktop
  • Estimated Living Area: 1787
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10x11, On Level: Main Level
  • Bedroom 3: Dimensions: 10x11, On Level: Main Level
  • Bedroom 4: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 4
  • Dining Area: Dimensions: 11x10, On Level: Main Level
  • Floors: Carpet, Vinyl
  • Kitchen: Dimensions: 18x11, On Level: Main Level
  • Living Room: Dimensions: 15x16, On Level: Main Level
  • Master Bed: Dimensions: 12x15, On Level: Main Level
  • Price Per Sq Ft: 177.2
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, 1st Floor Primary, Walk In Closet

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric, Heat Pump
  • Utilities: Baldwin Co Sewer Service, Total Electric, Underground Utilities, Water Heater-Electric, Baldwin Emc, Gulf Shores Utilities, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 400
  • Association Fees Include: Common Area Maintenance

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 19
  • Lot Description: Subdivision
  • Lot Size: 50x140x106x140

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Restricted: Yes

Tax Info

  • Property Taxes: $600-$1200
  • Assessor Parcel Number: 391257

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2021
Closed on
Mar 15, 2022
Sold by
Dr Horton Inc
Bought by
Jensvold Svitlana V
Seller's Agent
Tim Maatouk
DHI Realty of Alabama, LLC
Buyer's Agent
Beach Blvd Team
eXp Realty Southern Branch
List Price
$316,665
Sold Price
$316,665
Current Estimated Value
$374,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,941
Avg. Annual Appreciation
4.85%
Original Mortgage
$253,332
Outstanding Balance
$236,132
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$138,475
Source: Public Records

Range of Values:

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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
Jensvold Svitlana V $316,665 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensvold Svitlana V $253,332
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $316,665 0.0% $177 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/19/2021 12/19/21 For Sale $316,665 -- $177 / 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 $2,108 $63,880 $10,580 $53,300
2023 $2,032 $61,580 $11,140 $50,440
2022 $213 $6,440 $0 $0
2021 $0 $9,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 324028

Baldwin REALTORS®

APN: 61-05-21-4-001-001.023