NOT LISTED FOR SALE

325 E 22nd Ave Unit 6 Gulf Shores, AL 36542

Estimated Value: $190,000 - $206,000

1 Bed
1 Bath
392 Sq Ft
$505/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $195,000 $497 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,547/month

137 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Pool View
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • Patio

About This Home

As of September 2023

This is a rare opportunity to own a second home, investment property, or primary residence at an affordable value at the iconic Island Villa. This is the first converted short-term rental property in the new Waterway Village District. The location is ideal and you are in the middle of it all: 5 minutes to the white sandy beaches, within walking distance of the State Park Trails and minutes to local coffee shop, yoga studio, eclectic shopping, dining and entertainment. There are at least 8 restaurants within easy walking distance, not to mention Gulf Shores' only Brewery. The new Pedestrian Bridge over the Intracoastal Waterway which should be under construction in 2023 is an easy walk away, and will be a game-changer for The Waterway Village District. The interior and exterior of the iconic Island Villa has been totally renovated. The complex has a new roof, fresh paint, landscaping, and a new iconic pool. This ground floor unit has been beautifully updated with features that include new LVP flooring throughout, new lighting fixtures, new ceiling fans, and is fully furnished down to the cookware and utensils (rent-ready). The bright, coastal color theme in the kitchen has a tiled backsplash, new countertops, and dining area. This 1-bedroom condo can comfortably sleep 4 people with a queen bed in the primary bedroom and a sleeper sofa in the living room. The primary also has a new sliding glass door that opens to the patio. Each unit has a view of the sparkling pool, access to laundry and ice machine facilities as well as the BBQ/grill area. Owner Financing can be available.

Last Agent to Sell the Property

The Malone Team

Bellator Real Estate LLC Gulf Listed on: 04/27/2023

Last Buyer's Agent

Reagan Davis

Keller Williams AGC Realty - Orange Beach

Keller Williams AGC Realty - Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $259

Year Built

  • Built in 1971

Lot Details

  • 0.9

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 392 Sq Ft Home
  • 1-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room
  • Pool Views
  • Fire and Smoke Detector
  • Electric Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Shower Only

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Patio
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 66-02-09-3-000-012.000906

Community Details

Overview

  • Association fees include cable, common area insurance, common area maintenance, reserve funds, trash, water/sewer, internet, pool
  • Island Villa Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$259

Year Built

Built in 1971

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers
  • Construction Status: Resale
  • Flood Zone: 0.2 PCT
  • Property Amenities: Ceiling Fan(s), Patio
  • Property Type: Residential Attached
  • Style: Condo
  • Type of Unit: Ground Floor
  • View: Pool Area View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-02-09-3-000-012.000906
  • Year Built: 1971
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: Unit 6 Island Villa Condos Lying In The City Of Gulf Shores Sec 9-T9s-R4e (Wd)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range-Electric, Refrigerator, Smoke Detector
  • Estimated Living Area: 392
  • Bathrooms: 1
  • Bedrooms: 1
  • Dining Area Type: Dining/Kitchen Combo
  • Kitchen: Dimensions: 7x5'6, On Level: Main Level
  • Living Room: Dimensions: 15x11, On Level: Main Level
  • Master Bed: Dimensions: 11x11, On Level: Main Level
  • Price Per Sq Ft: 497.45
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only, 1st Floor Primary

Exterior Features

  • Exterior Finish: Brick, Wood
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat, Heat Pump
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 386
  • Association Fees Include: Cable, Common Area Insurance, Common Area Maintenance, Reserve Funds, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Landscaping, Laundry Facilities, Pool - Outdoor, Pets - Owners Only
  • Condo Building Stories: 1
  • Condo Complex: Island Villa

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 6
  • Lot Size: 39,073

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 258.72
  • Assessor Parcel Number: 76912

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Sep 22, 2023
Sold by
1M2d Investment Company Llc
Bought by
Property4life Llc
Seller's Agent
The Malone Team
Bellator Real Estate LLC Gulf
Buyer's Agent
Reagan Davis
Keller Williams AGC Realty - Orange Beach
List Price
$189,000
Sold Price
$195,000
Premium/Discount to List
$6,000
3.17%
Views
1470
Current Estimated Value
$198,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,013
Avg. Annual Appreciation
0.75%
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
Property4life Llc $195,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $195,000 -2.0% $497 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $199,000 +5.3% $508 / Sq Ft
08/02/2023 08/02/23 For Sale $189,000 0.0% $482 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $189,000 0.0% $482 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $189,000 -- $482 / 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 $1,278 $38,720 $0 $38,720
2023 $517 $15,680 $0 $15,680
2022 $259 $7,840 $0 $0
2021 $259 $7,840 $0 $0
2020 $207 $6,280 $0 $0
2019 $181 $5,480 $0 $0
2018 $181 $5,480 $0 $0
2017 $155 $4,700 $0 $0
2016 $135 $4,080 $0 $0
2015 $129 $3,920 $0 $0
2014 $129 $3,920 $0 $0
2013 -- $3,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 345091

Baldwin REALTORS®

APN: 66-02-09-3-000-012.000-906