NOT LISTED FOR SALE

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

Gulf Shores Area

Estimated Value: $332,000 - $413,000

2 Beds
2 Baths
1,013 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2023

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

Est. 8% decrease in value since last sale

Current estimated payment $2,804 / mo

160 Days on Market

Highlights

  • Views
  • Central Heating
  • Vinyl Flooring
  • Gulf Shores Elementary School Rated A-
  • Ceiling Fan
  • Stacked Washer and Dryer

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 Real Estate Solutions, LLC Brokerage Phone: 251-949-2100 License #134186-2 Listed on: 04/02/2023

Last Buyer's Agent

Shannon Higginbotham

NextHome Sunset Realty License #140131

NextHome Sunset Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1987

HOA Fees

  • $650 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating

Community Details

  • Association fees include pool, trash, cable TV, pest control, water sewer, reserve funds, taxes common area, common area insurance, management, common area maintenance
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-1-000-135.000904
  • Tax Block 201

Townhouse Details

Home Type

Townhome

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • View: Southern View
  • Parcel Number: 66-04-20-1-000-135.000904
  • Year Built: 1987
  • Property Sub-Type: Residential Attached
  • ResoLotFeatures: Elevation High
  • Attribution Contact: PHONE: 251-949-2100
  • Co List Office Phone: 251-219-8100
  • MLS Status: Closed
  • Subdivision Name: Ocean Echo
  • Architectural Style: Condo
  • Reso Interior Features: Ceiling Fan(s)
  • Living Area: 1013
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Electric Range, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 1
  • Stories: 3

Exterior Features

  • View: Yes
  • Waterfront Features: No Waterfront

Garage/Parking

  • Parking Features: Condo Covered Parking

Utilities

  • Utilities: Baldwin EMC
  • Heating: Central, Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Monthly
  • Phone: 985-665-0676
  • Association: Yes

Fee Information

  • Association Fee Includes: Pool, Trash, Cable TV, Pest Control, Water Sewer, Reserve Funds, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance

Green Features

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Block: 201

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Oct 6, 2023
Sold by
Bought by
Seller's Agent
Jessica Limbaugh
Elite Real Estate Solutions, 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
424
Current Estimated Value
$360,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,838
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Mar 7, 2022
Sold by
Bought by

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
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 None Listed On Document
$377,500 Kopesky & Britt Llc
$125,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,307 $69,900 $0 $69,900
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 Real Estate Solutions, LLC

    (251) 949-2100

    35 Total Sales

    Jessica Limbaugh
    Section Image
  • Shannon Higginbotham

    Buyer's Agent in 2023

    Shannon Higginbotham

    NextHome Sunset Realty

    (337) 412-4628

    14 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

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.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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