$340,000
SOLD SEP 10, 2025

331 E 1st Ave Unit 301 Gulf Shores, AL 36542

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

Recently Sold

$336 Per Sq Ft

3% Below List Price

172 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Tile Flooring
  • Gulf Shores Elementary School Rated A-
  • Views
  • Central Heating

About This Home

As of September 2025

This is it!! 2/2 ACROSS FROM THE BEACH AND ONE OF THE LARGER UNITS AT 1013 sq ft.!! YOU HAVE BEEN WAITING FOR THIS...Located in the heart of Gulf Shores on the beach road and walking distance to wonderful restaurants, shopping, and the beautiful white sandy beaches of the Gulf of America. Deeded beach access. Gulf Views from the front covered walkway. This low density complex has 9 units, swimming pool, and first come first serve covered parking. This unit was a non-rental unit and has been completely renovated as described below. Nice large walk in closet in the primary bedroom which also has a door leading out to the north side balcony. ALL NEW granite in baths and kitchen, New LVP floors in bedrooms, new Carrier A/C , water heater, undermount sinks, all new bath fixtures including toilets, new cabinet hardware, new faucets, all new fans and light fixtures, all new stacked w/d, refrigerator, stove, dishwasher, microwave oven, light switches and receptacles, doorknobs, front and rear door locks and knobs. All ceilings were scraped and made flat surface. Furnishings all convey and has been rented by the owners. The tile has been professionally cleaned. Both bedrooms have beautiful luxury vinyl plank flooring. Excellent property for a vacation getaway home, or, as a rental investment! Call today for your personal showing! Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Shauntelle Henshaw

MarMac Real Estate Coastal Brokerage Phone: 251-374-6222 Listed on: 03/17/2025

MarMac Real Estate Coastal

Last Buyer's Agent

Shauntelle Henshaw

MarMac Real Estate Coastal Brokerage Phone: 251-374-6222 Listed on: 03/17/2025

MarMac Real Estate Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1987

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 3rd floor
  • Wood Frame Construction
  • Concrete Fiber Board Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,013 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Single Vanity

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Balcony
  • South Facing Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 6604201000135.000.907

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,120

Year Built

Built in 1987

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • View: Southern View
  • Parcel Number: 6604201000135.000.907
  • Year Built: 1987
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Pool - Outdoor
  • Water Body Name: Gulf of Mexico/America
  • Attribution Contact: PHONE: 251-374-6222
  • Co List Office Phone: 251-355-3700
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Ocean Echo
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 3
  • 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: Baldwin EMC
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Stories: 1
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 121
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: 1st Floor Primary, Balcony/Patio
  • Room Kitchen Area: 80
  • Room Master Bedroom Area: 143
  • Master Bathroom Features: Single Vanity

Exterior Features

  • Waterfront: No
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: No Waterfront
  • Home Warranty: No
  • Construction Type: Concrete Board, Stucco, Block, Wood Frame
  • Direction Faces: South
  • Foundation Details: Pilings

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered

Utilities

  • Heating: Electric, Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Gulf Shores Middle

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 1120.02

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 7, 2023
Sold by
Fauls Johnny Leslie
Bought by
Mawby Rickey Lee
Seller's Agent
Susan Petty
RE/MAX of Orange Beach
Buyer's Agent
Shauntelle Henshaw
MarMac Real Estate Coastal
List Price
$349,000
Sold Price
$299,500
Premium/Discount to List
-$49,500
-14.18%
Views
263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$239,600
Outstanding Balance
$232,981
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$86,668

Purchase Details

Closed on
Apr 8, 2009
Sold by
Bank Of New York
Bought by
Fauls John

Purchase Details

Closed on
Oct 10, 2008
Sold by
Porter Christopher W
Bought by
Bank Of New York
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
Administrators Deed $299,500 None Listed On Document
Special Warranty Deed $90,000 Rels
Foreclosure Deed $96,687 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Sold $340,000 +13.4% $336 / Sq Ft
09/05/2025 09/05/25 Pending -- -- --
08/29/2025 08/29/25 Price Changed $299,900 -2.9% $296 / Sq Ft
08/08/2025 08/08/25 Price Changed $309,000 -2.2% $305 / Sq Ft
07/31/2025 07/31/25 Price Changed $316,000 -3.1% $312 / Sq Ft
07/21/2025 07/21/25 Price Changed $326,000 -2.1% $322 / Sq Ft
07/07/2025 07/07/25 Price Changed $333,000 -1.8% $329 / Sq Ft
05/19/2025 05/19/25 Price Changed $339,000 -3.1% $335 / Sq Ft
03/17/2025 03/17/25 For Sale $349,900 +16.8% $345 / Sq Ft
09/07/2023 09/07/23 Sold $299,500 0.0% $296 / Sq Ft
06/29/2023 06/29/23 Price Changed $299,500 -11.4% $296 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $338,000 -3.2% $334 / Sq Ft
06/02/2023 06/02/23 For Sale $349,000 -- $345 / 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 $0 $33,940 $0 $33,940
2022 $0 $25,340 $0 $0
2021 $0 $19,260 $0 $0
2020 $0 $16,720 $0 $0
2019 $0 $15,200 $0 $0
2018 $0 $15,200 $0 $0
2017 $0 $14,180 $0 $0
2016 $0 $12,160 $0 $0
2015 -- $10,640 $0 $0
2014 -- $10,140 $0 $0
2013 -- $10,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 375861

Baldwin REALTORS®

APN: 66-04-20-1-000-135.000-907