NOT LISTED FOR SALE

312 W 1st Ave Unit Lot 8 Gulf Shores, AL 36542

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

0.19 Acre
$6,975,005 Price per Acre
8,276 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $400,000

Est. 231% increase in value since last sale

Current estimated payment $7,329/month

164 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Gulf View
  • Level Lot
  • Gulf Shores Elementary School Rated A-
  • Home fronts a canal

About This Lot

As of May 2023

You know what they say...LOCATION, LOCATION, LOCATION...and boy is this a perfect location! This cleared, flat residential lot is sitting in the center of Gulf Shores' beach activity. Build a second home or rental home across the street from public beach access and within walking distance of restaurants, retail and activities that are sure to keep you, your family, friends and guests happy! Build exactly what you want to maximize your enjoyment and return on this prime property. Zoned R2 and non restricted rental, makes this an outstanding investment. Make this exceptional lot yours and start living the dream! Call Today! All information deemed correct but not guaranteed.

Last Agent to Sell the Property

Vicki Griffin

Goode Realty, LLC Listed on: 11/09/2022

Last Buyer's Agent

Justin Moody

Partners Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $733

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 180
  • Home fronts a canal
  • Level Lot
  • Finished Lot(s)

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Additional Features

  • Gulf Views
  • Water access To Gulf or Ocean

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$733

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: AE
  • Intersecting Street: W 2nd Street
  • Property Type: Residential Lots
  • View: Indirect Gulf-Across Rd
  • Lot Type: Lot
  • Parcel Id Tax Id: 66-04-20-2-000-210.000
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores, Baldwin County
  • 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
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 2105263.16

Exterior Features

  • Water Property Type: Canal Front, Gulf Accs (Wlk <=1/4 Mi)
  • Road Frontage: 50

Utilities

  • Utilities: Baldwin Emc, Gulf Shores Utilities

Lot Info

  • Estimated Lot Size: 0.19
  • Lot Block Unit: 8
  • Lot Description: Less Than 1 Acre, Level, Water View
  • Lot Size: 50 x 180

Tax Info

  • Property Taxes: 732.60
  • Assessor Parcel Number: 38181

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Jjr Investments Mc
Bought by
Acl Inc
Current Estimated Value
$1,325,251

Purchase Details

Listed on
Nov 9, 2022
Closed on
May 15, 2023
Sold by
Mattox Donald Lamar and Mattox Jo Lan
Bought by
Jjr Investments Llc
Seller's Agent
Vicki Griffin
Goode Realty, LLC
Buyer's Agent
Justin Moody
Partners Realty
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Views
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.06%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/15/2023 05/15/23 Sold $400,000 -7.0% --
04/22/2023 04/22/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $430,000 -- --
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 338600

Baldwin REALTORS®

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