NOT LISTED FOR SALE

321 W 8th St Gulf Shores, AL 36542

Estimated Value: $816,039 - $1,005,000

4 Beds
2 Baths
2,160 Sq Ft
$430/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $812,000 $376 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,378/month

105 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Wood Flooring
  • Gulf Shores Elementary School Rated A-
  • Home fronts a lagoon or estuary
  • Furnished

About This Home

As of February 2024

Don't miss this spectacular investment opportunity that has been a consistent "rental machine"! Come see this waterfront 4BED/2BA Home on Little Lagoon w/ private pool and dock! This 5-star, rent-ready listing includes all furnishings & appliances, no HOA, large outdoor storage closet, and much more! Heading up to the single-story house, admire the 360° views from the full wrap-around porch surrounding home. Upon entry, natural light floods an expansive open concept floorplan holding a main, carpeted living space, dining & kitchen area, and the extra seating area/large foyer w/ breathtaking Lagoon views through the numerous windows/doors (brand new tile flooring in front of doors in September 2023)! Enjoy a beautiful kitchen/dining area w/ new granite countertop, appliances, & silverware (2021), tile backsplash, large farmhouse dining set, and lots of cabinet space. The 4 bedrooms, 2 baths w/ new granite countertops (2021), laundry closet, and private 'owner's closet' reside on the hall leading off the kitchen. To the right, past the laundry & owner's closet, the primary suite holds a walk-in closet and en-suite bath. The other 3 bedrooms & bath are located to the left. Enjoy a great, partially fenced outdoor space under the home, including covered parking & seating areas, large outdoor storage closet, inground pool, outdoor furniture, and private dock (re-built 2020)! This 5-star, dream rental property is situated in a quaint neighborhood across the Gulf of Mexico in the heart of Gulf Shores, providing its guests with a desirable blend of privacy and activity. "No Egrets" is a consistent gross rental machine! GRI 2021 - $90K, 2022 - $100K, 2023 - (Paid/booked) $103K. Rent records on file.

Last Agent to Sell the Property

The Kevin Corcoran Team

RE/MAX of Gulf Shores Listed on: 09/28/2023

RE/MAX of Gulf Shores

Co-Listed By

Kevin Corcoran

RE/MAX of Gulf Shores

Last Buyer's Agent

The Dusty Cole Team

RE/MAX on the Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1992

Lot Details

  • 0.31 Acre Lot
  • Home fronts a lagoon or estuary
  • Partially Fenced Property

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Water Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • In Ground Pool
  • Wrap Around Balcony
  • Outdoor Storage
  • Wrap Around Porch

Schools

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

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Community Details

  • Shoreland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-1-000-044.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,998

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Construction Status: Resale
  • Intersecting Street: W. Beach Blvd
  • Mineral Rights: Owner Conveys If Any
  • Property Amenities: Ceiling Fan(s), Partially Fenced, Split Bedroom Plan, Storage-Out, Wrap Around Balcony, Pool-Inground (Home), Porch-Wrap
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Direct Lagoon Front, Western View
  • Parcel Id Tax Id: 66-04-19-1-000-044.002
  • Year Built: 1992
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living Room
  • Property Legal Description: 75'(S) X 140'(S)IRR LOT 23 SHORELAND SUB MB5 PG10 IN THE CIT Y OF GULF SHORES SEC 19-T9S-R4E (WD/SUR
  • Subdivsn Or Commnty: Shoreland
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Gas, Refrigerator, Washer
  • Estimated Living Area: 2160
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14 x 10.8, On Level: Main Level
  • Bedroom 3: Dimensions: 11 x 10, On Level: Main Level
  • Bedroom 4: Dimensions: 14 x 7.5, On Level: Main Level
  • Bedrooms: 4
  • Dining Area: Dimensions: 19.5 x 12, On Level: Main Level
  • Floors: Carpet, Vinyl, Wood
  • Kitchen: Dimensions: 19.5 x 16.4, On Level: Main Level
  • Living Room: Dimensions: 20 x 16, On Level: Main Level
  • Master Bed: Dimensions: 14 x 10, On Level: Main Level
  • Other Room: Dimensions: 35.8 x 9.5, On Level: Main Level
  • Price Per Sq Ft: 375.93
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only, Walk In Closet

Exterior Features

  • Boat Facilities: Boat Dock
  • Body Of Water: Little Lagoon
  • Exterior Finish: Wood
  • Roof: Composition Shingle
  • Waterfront: Yes
  • Water Property Type: Lagoon Front - Building

Garage/Parking

  • Garage Parking: Three or More Vehicles, Three Car Carport

Utilities

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

Schools

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

Lot Info

  • Estimated Lot Size: 0.31
  • Lot Description: Less Than 1 Acre, Water View, Waterfront
  • Lot Size: 75'(S) X 140'(S)IRR

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 3,997.62
  • Assessor Parcel Number: 109630

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
Sep 28, 2023
Closed on
Jan 27, 2024
Sold by
Mclaughlin Jeremy Paul and Mclaughlin Pamela Fayth
Bought by
King William Wayne and King Shawn Marie
Seller's Agent
The Kevin Corcoran Team
RE/MAX of Gulf Shores
Buyer's Agent
The Dusty Cole Team
RE/MAX on the Coast
List Price
$875,000
Sold Price
$812,000
Premium/Discount to List
-$63,000
-7.2%
Views
165
Current Estimated Value
$928,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,510
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Bingham Dwight W and Bingham Charlene J
Bought by
Mclaughlin Pamela Fayth and Mclaughlin Jeremy Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.7%
Mortgage Type
New Conventional
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
King William Wayne $812,000 None Listed On Document
Mclaughlin Pamela Fayth $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Pamela Fayth $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $812,000 -2.1% $376 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $829,000 -5.3% $384 / Sq Ft
11/27/2023 11/27/23 For Sale $875,000 0.0% $405 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $875,000 -- $405 / 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 $5,460 $165,440 $77,080 $88,360
2023 $5,422 $164,300 $81,320 $82,980
2022 $3,998 $121,140 $0 $0
2021 $2,830 $85,760 $0 $0
2020 $2,860 $84,160 $0 $0
2019 $2,523 $74,540 $0 $0
2018 $2,345 $71,060 $0 $0
2017 $1,107 $33,540 $0 $0
2016 $1,096 $33,200 $0 $0
2015 $1,030 $31,200 $0 $0
2014 $1,001 $30,320 $0 $0
2013 -- $30,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 352341

Baldwin REALTORS®

APN: 66-04-19-1-000-044.002