$285,000
SOLD SEP 23, 2024

331 E 1st Ave Unit 103 Gulf Shores, AL 36542

2 Beds
2 Baths
1,013 Sq Ft
$650/mo HOA Fee

Recently Sold

$281 Per Sq Ft

24% Below List Price

213 Days on Market

Highlights

  • Gulf View
  • Combination Kitchen and Living
  • Central Heating and Cooling System
  • Gulf Shores Elementary School Rated A-
  • Community Pool
  • Ceiling Fan

About This Home

As of September 2024

Amazing opportunity to own in Gulf Shores in Ocean Echo condominium! This 1st floor 2 bedroom 2 bathroom condo has an indirect view of the Gulf. Low density building with only units. Enjoy the sandy white beaches. Located near restaurants, shopping, the Hangout and all the festivities that Gulf Shores has to offer. New HVAC 4/2023. Roof 2020. All information deemed reliable and accurate. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Jaime Cooper Team

EXIT Realty Lyon & Assoc.Fhope Brokerage Phone: 251-605-1316 Listed on: 01/23/2024

EXIT Realty Lyon & Assoc.Fhope

Last Buyer's Agent

Kendall Wahlert

Waters Edge Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1987

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Composition Roof
  • Concrete Fiber Board Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,013 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Living
  • Vinyl Flooring
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 103 / 103
  • Assessor Parcel Number 6604201000135.000

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, recreational facilities, taxes-common area, trash, water/sewer
  • 9 Units

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,270

Year Built

Built in 1987

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • View: Indirect Gulf-Across Rd
  • Parcel Number: 6604201000135.000
  • Year Built: 1987
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Pool - Outdoor
  • Attribution Contact: 251-605-1316
  • Co List Office Phone: 251-929-4545
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Ocean Echo
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 1
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Living Area: 1013
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Financial Info Electric: Total Electric, Baldwin EMC
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Dining Room Features: Lvg/Dng/Ktchn Combo
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 121
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Main
  • Room Kitchen Area: 80
  • Room Master Bedroom Area: 143
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Roof: Composition
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi), Gulf Accs (<=1/4 Mi), Public Acc (<=1/4 Mi)
  • Construction Type: Concrete Board, Stucco, Block, Wood Frame
  • Foundation Details: Pilings

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Owners Only, Allowed

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Lease Term: Short Term Lease

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 1270.5
  • Tax Block: 103
  • Tax Lot: 103

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Sep 23, 2024
Sold by
Araiinejad Sohala E
Bought by
Nip Group Llc
Seller's Agent
Jaime Cooper Team
EXIT Realty Lyon & Assoc.Fhope
Buyer's Agent
Kendall Wahlert
Waters Edge Realty
List Price
$375,000
Sold Price
$285,000
Premium/Discount to List
-$90,000
-24%
Views
362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 28, 2016
Sold by
Richardson John Paul and Richardson Patricia H
Bought by
Araiinejad Sohala E
Seller's Agent
David Henry
Coldwell Banker Coastal Realty
Buyer's Agent
Ricky Carruth
eXp Realty, LLC Gulf Shores Br
List Price
$153,500
Sold Price
$153,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
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 Type Sale Price Title Company
Warranty Deed $285,000 None Listed On Document
Warranty Deed $153,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $335,000 +17.5% $331 / Sq Ft
09/23/2024 09/23/24 Sold $285,000 -4.7% $281 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $299,000 -14.6% $295 / Sq Ft
03/23/2024 03/23/24 Price Changed $350,000 -6.7% $346 / Sq Ft
01/23/2024 01/23/24 For Sale $375,000 +144.3% $370 / Sq Ft
12/28/2016 12/28/16 Sold $153,500 0.0% $152 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $153,500 -- $152 / 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 $2,006 $60,780 $0 $60,780
2023 $2,240 $67,880 $0 $67,880
2022 $1,672 $50,660 $0 $0
2021 $1,271 $38,500 $0 $0
2020 $1,123 $33,420 $0 $0
2019 $1,023 $30,400 $0 $0
2018 $1,023 $30,400 $0 $0
2017 $956 $28,360 $0 $0
2016 $822 $24,320 $0 $0
2015 $722 $21,280 $0 $0
2014 $688 $20,260 $0 $0
2013 -- $20,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 356709

Baldwin REALTORS®

APN: 66-04-20-1-000-135.000-903