NOT LISTED FOR SALE

308 W 1st Ave Gulf Shores, AL 36542

Estimated Value: $1,106,000 - $1,600,000

6 Beds
4 Baths
2,677 Sq Ft
$495/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $1,450,000 $542 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,329/month

123 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • New Construction
  • Gulf View
  • Gulf Shores Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of May 2024

Gold Fortified New Construction with Huge Views, Huge Rents, and Amazing Beach Access!!! Need more Salt in your life? Start Here!!! Soak up the views from both decks overlooking the Gulf of Mexico and Little Lagoon or relax in the heated pool!!! Be in on the action... Beach Access is simply steps away. Walk to the Hangout events, restaurants, and shops without breaking a sweat at this incredible location...no need for the car. The Gulf Views are simply amazing. Rental projection of 177k. Estimated completion mid February...Just in time to take advantage of peak season rates. Would you Like a Yamaha Golf Cart or an Outdoor Kitchen with a blaze Grill and quartz countertops...? The choice is yours. Contact me today to learn more about this incredible home and any builder incentives available.

Last Agent to Sell the Property

Justin Moody

Partners Realty Listed on: 01/08/2024

Last Buyer's Agent

Kathryn Holt

Engel and Volkers Gulf Shores

Engel and Volkers Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,017

Parking

  • 6 Car Parking Spaces

Property Views

  • Gulf
  • Lagoon

Home Design

  • Raised Foundation
  • Metal Roof
  • Piling Construction
  • Hardboard

Interior Spaces

  • 2,677 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Pool

  • In Ground Pool
  • Outdoor Shower

Schools

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

Utilities

  • Central Air
  • Tankless Water Heater

Additional Features

  • Water access To Gulf or Ocean
  • Lot Dimensions are 50x180

Community Details

  • Gulf Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-66-04-20-2-000-210.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Construction Status: New Construction
  • Property Amenities: Bunk Room, Ceiling Fan(s), Porch-Open, Outdoor Shower, Pool-Inground (Home)
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Direct Gulf-Across Rd, Indirect Lagoon Side, Indirect Gulf-Across Rd
  • Parcel Id Tax Id: 05-66-04-20-2-000-210.000
  • Year Built: 2024
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: 50' X 180' LOT 8 BLK 25 UNIT 1 GULF SHORES PB1 PG148 LYING I N THE CITY OF GULF SHORES SEC 20-T9S-R4
  • Subdivsn Or Commnty: Gulf Shores
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Range-Gas
  • Estimated Living Area: 2677
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 15x13.5, On Level: Main Level
  • Bedroom 3: Dimensions: 15x13.5, On Level: Main Level
  • Bedroom 4: Dimensions: 15x13.5, On Level: 2
  • Bedroom 5: Dimensions: 15x13.5, On Level: 2
  • Bedrooms: 6
  • Breakfast Room: Dimensions: 13x11.25, On Level: Main Level
  • Den: On Level: Main Level
  • Dining Area: Dimensions: 19x17, On Level: Main Level
  • Floors: Tile, Wood
  • Kitchen: Dimensions: 26x15, On Level: Main Level
  • Living Dining: Dimensions: 19x17, On Level: Main Level
  • Master Bed: Dimensions: 16.5x14.5, On Level: 2
  • Price Per Sq Ft: 541.65
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Shower Only, 1st Floor Primary, Walk In Closet, Balcony/Patio, Direct Gulf View-Primary

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Metal
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heat Cooling: Central Electric (Cool), Central Gas
  • Utilities: Sewage-City, Water Heater-Tankless, Baldwin Emc, Gulf Shores Utilities, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Lot Block Unit: lot 8 blk 25
  • Lot Description: Less Than 1 Acre
  • Lot Size: 50x180
  • Number Lots: 1

Rental Info

  • Furnished: Negotiable

Tax Info

  • Property Taxes: 1219
  • Assessor Parcel Number: 38181

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
Jan 8, 2024
Closed on
May 1, 2024
Sold by
Jjr Investments Mc
Bought by
Acl Inc
Seller's Agent
Justin Moody
Partners Realty
Buyer's Agent
Kathryn Holt
Engel and Volkers Gulf Shores
List Price
$1,590,000
Sold Price
$1,450,000
Premium/Discount to List
-$140,000
-8.81%
Views
38
Current Estimated Value
$1,325,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,749
Avg. Annual Appreciation
-5.94%

Purchase Details

Closed on
May 15, 2023
Sold by
Mattox Donald Lamar and Mattox Jo Lan
Bought by
Jjr Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2021
Sold by
Richard Anderson and Kim Anderson Kim
Bought by
Lamar Mattox Donald and Len Mattox Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2018
Sold by
Seignious John D and Clarke Vicki Jo
Bought by
Anderson Richard and Anderson Kim
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
Acl Inc $1,460,000 Professional Land Title
Jjr Investments Llc $400,000 None Listed On Document
Lamar Mattox Donald $175,000 None Available
Anderson Richard $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jjr Investments Llc $300,000
Previous Owner Lamar Mattox Donald $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $1,450,000 -8.8% $542 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,590,000 -- $594 / 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 $4,299 $130,280 $43,340 $86,940
2023 $1,220 $36,960 $36,960 $0
2022 $911 $27,600 $0 $0
2021 $733 $22,200 $0 $0
2020 $726 $22,000 $0 $0
2019 $726 $22,000 $0 $0
2018 $980 $29,700 $0 $0
2017 $915 $27,720 $0 $0
2016 $772 $23,400 $0 $0
2015 -- $23,400 $0 $0
2014 -- $22,240 $0 $0
2013 -- $23,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 356019

Baldwin REALTORS®

APN: 66-04-20-2-000-210.000