NOT LISTED FOR SALE

331 W 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 March 11, 2022

Last sale price $377,500 $373 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,896/month

75 Days on Market

Highlights

  • End Unit
  • Furnished
  • Views
  • Gulf Shores Elementary School Rated A-
  • Community Pool
  • Living Room

About This Home

As of March 2022

This very rare find will not last long. 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. Only minutes to shopping, the Hangout and popular restaurants and ice cream shops. Call to schedule a showing and how you can make this rare find yours.

Last Agent to Sell the Property

Jessica Morace

Brett R/E Robinson Dev OB Listed on: 11/30/2021

Last Buyer's Agent

Jessica Limbaugh

Elite By The Beach, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1987

Lot Details

  • 0.32

HOA Fees

  • $650 Monthly HOA Fees

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
  • Furnished
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring
  • Stacked Washer and Dryer
  • Property Views

Kitchen

  • Electric Range
  • Microwave

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, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, trash, water/sewer
  • Ocean Echo Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,103

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
  • Restrictive Covenants: Yes
  • Style: Condo
  • Type of Unit: Corner Unit
  • View: Southern View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-1-000-135.000904
  • Year Built: 1987
  • Governing Municipality: Gulf Shores
  • 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: Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 1013
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedrooms: 2
  • Fireplace: No Fireplace
  • 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: 372.66
  • 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

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Sewage-City, Total Electric, Water-City, Baldwin Emc

Condo/Co-op/Association

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

Lot Info

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

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1102.86
  • Assessor Parcel Number: 84676

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Hoffpauir Joshua Heath and Khara Anne
Bought by
T-N-A Llc
Current Estimated Value
$390,474

Purchase Details

Listed on
Nov 30, 2021
Closed on
Mar 7, 2022
Sold by
Robichaux Dean C and Robichaux Jamie
Bought by
Hoffpauir Joshua Heath and Hoffpauir Khara Anne
Seller's Agent
Jessica Morace
Brett R/E Robinson Dev OB
Buyer's Agent
Jessica Limbaugh
Elite By The Beach, LLC
List Price
$399,000
Sold Price
$377,500
Premium/Discount to List
-$21,500
-5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
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
03/11/2022 03/11/22 Sold $377,500 -5.4% $373 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $399,000 -- $394 / 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 Morace

    Seller's Agent in 2022

    Jessica Morace

    Brett R/E Robinson Dev OB

    (251) 550-7355

    7 in this area

    32 Total Sales

    Jessica Morace
    Section Image
  • Jessica Limbaugh

    Buyer's Agent in 2022

    Jessica Limbaugh

    Elite By The Beach, LLC

    (251) 949-2100

    19 in this area

    38 Total Sales

    Jessica Limbaugh
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 323353

Baldwin REALTORS®

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

Alabama Baldwin County Gulf Shores 36542

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

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