NOT LISTED FOR SALE

294 Preston Way Gulf Shores, AL 36542

Estimated Value: $330,000 - $412,000

4 Beds
2 Baths
1,787 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $330,000 $185 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,167/month

105 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Attached Garage
  • Gulf Shores Elementary School Rated A-
  • Covered Patio or Porch
  • Views

About This Home

As of August 2022

Back on the market (no fault of seller)...Move in BEFORE school begins! BRAND new home available in the SOLD OUT neighborhood of Raley Farms! This 4/2 home is ready for your family, and it's just minutes from our beautiful beaches, gulf coast restaurants, and any retail shop you might need. The open floor plan provides a large island and lots of room to spread out. This Cali floorplan has proven to be one of the most popular in Raley Farms. Don't miss your chance to own this Gold Fortified Home just off County Road 8 in Gulf Shores. Call today for your private showing!

Last Agent to Sell the Property

Erika Plyler

Keller Williams AGC Realty - Orange Beach Listed on: 04/08/2022

Keller Williams AGC Realty - Orange Beach

Last Buyer's Agent

Coleman Grau

RE/MAX Paradise

RE/MAX Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 60'x140'
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 05-61-05-21-4-001-001.035

Community Details

Overview

  • Association fees include common area insurance, common area maintenance
  • Raley Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,129

Year Built

Built in 2022

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Property Amenities: Automatic Garage Door, Carbon Monoxide Detector, Covered Patio, En-Suite, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Style: Traditional
  • View: Eastern View, Western View
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 05-61-05-21-4-001-001.035
  • 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
  • Estimated Living Area: 1787
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10'4"X11', On Level: Main Level
  • Bedroom 3: Dimensions: 10'4"X11', On Level: Main Level
  • Bedroom 4: Dimensions: 11'X11'8", On Level: Main Level
  • Bedrooms: 4
  • Dining Area: Dimensions: 11'X10'5", On Level: Main Level
  • Floors: Carpet, Vinyl
  • Kitchen: Dimensions: 18'X11'3", On Level: Main Level
  • Living Room: Dimensions: 15'1"X16'4", On Level: Main Level
  • Master Bed: Dimensions: 15'X12', On Level: Main Level
  • Price Per Sq Ft: 184.67
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower

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 (Cool), Heat Pump, Heat Pump (Cool)
  • Utilities: Baldwin Co Sewer Service, Sewage-City, Total Electric, Water-City, Baldwin Emc, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 500
  • Association Fees Include: Common Area Insurance, Common Area Maintenance
  • Community Amenities: Pool - Outdoor, Pets - Allowed

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 28
  • Lot Description: Less Than 1 Acre, Level
  • Lot Size: 60'X140'

Rental Info

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

Tax Info

  • Assessor Parcel Number: 391269

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
James B Grau Trust and Grau James B
Bought by
Tbg Holdings Llc
Current Estimated Value
$367,337

Purchase Details

Listed on
Apr 8, 2022
Closed on
Aug 16, 2022
Sold by
Neill Benjamin W
Bought by
James B Grau Trust
Seller's Agent
Erika Plyler
Keller Williams AGC Realty - Orange Beach
Buyer's Agent
Coleman Grau
RE/MAX Paradise
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$200,500
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 1, 2022
Sold by
Inc-Birmingham Dr Horton
Bought by
Neill Benjamin W
Seller's Agent
Bailey Burton
DHI Realty of Alabama, LLC
Buyer's Agent
Erika Plyler
Keller Williams AGC Realty - Orange Beach
List Price
$311,525
Sold Price
$314,525
Premium/Discount to List
$3,000
0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 31, 2022
Sold by
Inc-Birmingham D R Horton
Bought by
Neill Benjamin W
Seller's Agent
Bailey Burton
DHI Realty of Alabama, LLC
Buyer's Agent
Erika Plyler
Keller Williams AGC Realty - Orange Beach
List Price
$311,525
Sold Price
$314,525
Premium/Discount to List
$3,000
0.96%

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 30, 2022
Sold by
Inc-Birmingham Dr Horton
Bought by
Neill Benjamin W
Seller's Agent
Bailey Burton
DHI Realty of Alabama, LLC
Buyer's Agent
Erika Plyler
Keller Williams AGC Realty - Orange Beach
List Price
$311,525
Sold Price
$314,525
Premium/Discount to List
$3,000
0.96%
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
Tbg Holdings Llc $322,500 None Listed On Document
Tbg Holdings Llc $322,500 None Listed On Document
James B Grau Trust $330,000 Taupeka Law Llc
Neill Benjamin W $315,000 De Laney Michael C
Neill Benjamin W $315,000 None Listed On Document
Neill Benjamin W $315,000 De Laney Michael C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James B Grau Trust $200,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $330,000 -1.5% $185 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $335,000 0.0% $187 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $335,000 0.0% $187 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $335,000 -1.5% $187 / Sq Ft
04/08/2022 04/08/22 For Sale $340,000 +8.1% $190 / Sq Ft
03/30/2022 03/30/22 Sold $314,525 0.0% $176 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $314,525 +1.0% $176 / Sq Ft
01/27/2022 01/27/22 For Sale $311,525 -- $174 / 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 $2,129 $64,500 $10,580 $53,920
2023 $2,052 $62,180 $11,140 $51,040
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: 328839

Baldwin REALTORS®

APN: 61-05-21-4-001-001.035