NOT LISTED FOR SALE

331 E 1st Ave Unit 201 Gulf Shores, AL 36542

Estimated Value: $337,000 - $471,000

2 Beds
2 Baths
1,013 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $390,000 $385 Per Sq Ft

Current estimated payment $2,896/month

160 Days on Market

Highlights

  • Community Pool
  • Views
  • En-Suite Primary Bedroom
  • Gulf Shores Elementary School Rated A-
  • Living Room
  • Central Heating and Cooling System

About This Home

As of October 2023

INVESTMENT OPPORTUNITY!! Just 3 blocks from the Hangout!! Conveniently located in walking distance to many shops and restaurants! Ocean Echo, 2 bedroom 2 bath unit has been recently remodeled and upgraded. Granite countertops throughout, LVP flooring throughout, newly painted and updated furniture. This is a turnkey unit that is centrally located and only steps from the white sandy beaches of Gulf Shores. The property has brought in 28k for rentals for months Jan-Aug. Owner does not rent Oct-Jan for personal/work use. Call to schedule your private tour and make this beautiful and spacious unit yours! Currently self managed through Airbnb.

Last Agent to Sell the Property

Jessica Limbaugh

Elite By The Beach, LLC Listed on: 04/02/2023

Last Buyer's Agent

Shannon Higginbotham

NextHome Sunset Realty

NextHome Sunset Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1987

Lot Details

  • 0.32

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Wood Frame Construction
  • Concrete Fiber Board Siding
  • Stucco Exterior
  • Piling Construction

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Single Vanity

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-1-000-135.000904

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, trash, water/sewer, pool
  • Ocean Echo Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1987

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Ceiling Fan(s)
  • Property Type: Residential Attached
  • Style: Condo
  • View: Southern View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-1-000-135.000904
  • Year Built: 1987
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 201 OCEAN ECHO CONDO SEC 20-9-4 (WD-SURVIVORSHIP)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 1013
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 2
  • Floors: Vinyl
  • Kitchen: Dimensions: 10x8, On Level: Main Level
  • Living Room: Dimensions: 15x14, On Level: Main Level
  • Master Bed: Dimensions: 11x13, On Level: Main Level
  • Price Per Sq Ft: 385
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Balcony/Patio, Single Vanity

Exterior Features

  • Exterior Finish: Concrete Board, Stucco
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 650
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Pool
  • Community Amenities: Pool - Outdoor
  • Condo Building Stories: 3
  • Condo Complex: Ocean Echo

Lot Info

  • Lot Block Unit: 201
  • Lot Description: Elevation-High

Tax Info

  • Property Taxes: 1270.50
  • Assessor Parcel Number: 84676

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Oct 6, 2023
Sold by
Hoffpauir Joshua Heath and Khara Anne
Bought by
T-N-A Llc
Seller's Agent
Jessica Limbaugh
Elite By The Beach, LLC
Buyer's Agent
Shannon Higginbotham
NextHome Sunset Realty
List Price
$439,000
Sold Price
$390,000
Premium/Discount to List
-$49,000
-11.16%
Views
434
Current Estimated Value
$390,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474
Avg. Annual Appreciation
0.06%

Purchase Details

Closed on
Mar 7, 2022
Sold by
Robichaux Dean C and Robichaux Jamie
Bought by
Hoffpauir Joshua Heath and Hoffpauir Khara Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,125
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2014
Sold by
Fair Nancy Jane
Bought by
Robichaux Dean C and Robichaux Jamie
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
T-N-A Llc $390,000 None Listed On Document
Hoffpauir Joshua Heath $377,500 Kopesky & Britt Llc
Robichaux Dean C $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffpauir Joshua Heath $283,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $390,000 -2.5% $385 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
07/31/2023 07/31/23 Price Changed $399,900 -5.9% $395 / Sq Ft
07/09/2023 07/09/23 Price Changed $425,000 -3.2% $420 / Sq Ft
04/02/2023 04/02/23 For Sale $439,000 -- $433 / 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 $2,307 $69,900 $0 $69,900
2023 $2,240 $67,880 $0 $67,880
2022 $1,672 $50,660 $0 $0
2021 $1,290 $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 $351 $10,640 $0 $0
2014 $335 $10,140 $0 $0
2013 -- $10,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Limbaugh

    Seller's Agent in 2023

    Jessica Limbaugh

    Elite By The Beach, LLC

    (251) 949-2100

    19 in this area

    38 Total Sales

    Jessica Limbaugh
    Section Image
  • Shannon Higginbotham

    Buyer's Agent in 2023

    Shannon Higginbotham

    NextHome Sunset Realty

    (337) 412-4628

    2 in this area

    13 Total Sales

    Shannon Higginbotham
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 343915

Baldwin REALTORS®

APN: 66-04-20-1-000-135.000-904

Alabama Baldwin County Gulf Shores 36542

331 E 1st Ave Unit 201, Gulf Shores, AL

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