NOT LISTED FOR SALE

318 W 3rd Ave Gulf Shores, AL 36542

Estimated Value: $360,000 - $462,000

2 Beds
2 Baths
672 Sq Ft
$627/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $220,000 $327 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,299/month

5 Days on Market

Highlights

  • Bayou View
  • Home fronts a canal
  • Screened Porch
  • Gulf Shores Elementary School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of January 2019

TLC Special! You are going to fall in love with this super cute waterfront cottage! Think you can't afford a waterfront home in Gulf Shores? YES YOU CAN! Check out this little gem....only $215,000. Screened porch, Bulkheaded lot, short walk or bike ride to the beach! Easy access to Little Lagoon by small boat, canoe, or kayak! Sold AS IS, WHERE IS. Don't let this one get away. Don't let another year go by without that beach house. A LIFETIME OF MEMORIES AWAIT YOU!

Last Agent to Sell the Property

David Swiger

Swiger & Company Listed on: 12/17/2018

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 59' x 102'
  • Home fronts a canal
  • Interior Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Screened Porch
  • Wood Flooring
  • Bayou Views
  • Electric Range
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Canal Access
  • Bulkhead
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-2-000-132.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, Internet, Porch-Open, Patio, Porch-Screened
  • Property Type: Residential Detached
  • Style: Cottage
  • View: Direct Bayou Front
  • Parcel Id Tax Id: 66-04-20-2-000-132.001
  • Year Built: 1961
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 672
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 2
  • Floors: Wood
  • Kitchen: Dimensions: 12x10, On Level: Main Level
  • Living Room: Dimensions: 14x14, On Level: Main Level
  • Master Bed: Dimensions: 12x12, On Level: Main Level
  • Price Per Sq Ft: 327.38
  • Property Interior Stories: 1

Exterior Features

  • Body Of Water: Canal To Little Lagoon
  • Exterior Finish: Wood
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Canal Accs (Wlk <=1/4 Mi), Canal Front - Building

Garage/Parking

  • Garage Parking: Double Carport

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Condo Building Stories: 1

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 2
  • Lot Description: Less Than 1 Acre, Inside Lot, Level, Waterfront, Bulkhead
  • Lot Size: 59' X 102'

Tax Info

  • Property Taxes: 875.82
  • Assessor Parcel Number: 216010

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
Dec 17, 2018
Closed on
Jan 21, 2019
Sold by
Derzis Diane
Bought by
Luse Russell and Luse Angela
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
Non Member
Non Member Office
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$421,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,055
Avg. Annual Appreciation
10.09%
Original Mortgage
$176,000
Outstanding Balance
$134,120
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$286,935

Purchase Details

Closed on
May 3, 2016
Sold by
Derzis Nicholas C
Bought by
Derzis Diane

Purchase Details

Closed on
Sep 10, 2015
Sold by
Callaway Melissa H
Bought by
Derzis Diane and Derzis Nicholas C
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
Luse Russell $220,000 None Available
Derzis Diane $57,000 None Available
Derzis Diane $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luse Russell $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Sold $220,000 +2.3% $327 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
12/17/2018 12/17/18 For Sale $215,000 -- $320 / 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 $1,019 $32,240 $15,940 $16,300
2023 $1,043 $31,600 $16,800 $14,800
2022 $877 $26,580 $0 $0
2021 $669 $20,260 $0 $0
2020 $707 $21,420 $0 $0
2019 $1,018 $30,840 $0 $0
2018 $1,016 $28,280 $0 $0
2017 $889 $26,540 $0 $0
2016 $886 $26,440 $0 $0
2015 $370 $11,220 $0 $0
2014 $358 $10,860 $0 $0
2013 -- $10,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Swiger

    Seller's Agent in 2019

    David Swiger

    Swiger & Company

    (251) 609-2873

    105 in this area

    172 Total Sales

    David Swiger
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non Member Office

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Map

Source: Baldwin REALTORS®

MLS Number: 277586

Baldwin REALTORS®

APN: 66-04-20-2-000-132.001

Alabama Baldwin County Gulf Shores 36542

318 W 3rd Ave, Gulf Shores, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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