$626,500
SOLD AUG 5, 2022

337 Magnolia Dr Gulf Shores, AL 36542

3 Beds
2 Baths
2,175 Sq Ft
0.75 Acres

Recently Sold

$288 Per Sq Ft

9% Above List Price

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Screened Pool
  • Lagoon View
  • Gulf Shores Elementary School Rated A-
  • Home fronts a lagoon or estuary
  • 5-minute walk to Mo's Landing Park

About This Home

As of May 2025

This house is a LIFESTYLE. This lagoon view home has been impeccably maintained and updated throughout the years. 3/2 ranch style home on a large lot (128.9' x 200') that is surrounded by nearly 3 acres of waterfront park, canal, and boat basin. Features include the following: heated pool with diving board; large screened lanai for the pool & porch area; personal dock in the boat basin; $20k outbuilding that was permitted and made into a swanky, heated & cooled office in 2020; new roof in 2020; completely updated kitchen with all new stainless steel appliances & quartz countertops; separate office; humongous laundry room with closets for storage & a large walk-in shower that can be used for guests, pets, or just rinsing off after the pool or boat; two car garage with extra storage area; newly expanded concrete drive to park tons of vehicles when entertaining; wood-burning fireplace; & BEAUTIFUL VIEWS OF LITTLE LAGOON! Act fast, because this one checks all the boxes.

Last Agent to Sell the Property

Peyton Yarborough

RE/MAX of Orange Beach Listed on: 07/04/2022

RE/MAX of Orange Beach

Last Buyer's Agent

Mike Reynolds

Roberts Brothers Inc. Gulf Coa

Roberts Brothers Inc. Gulf Coa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 129.8 x 200
  • Home fronts a lagoon or estuary
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Screened Porch
  • Lagoon Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lagoon or Estuary

Schools

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

Utilities

  • Heat Pump System

Community Details

  • Gulfwood Highlands Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 66-04-17-2-000-070.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,190

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab, Other Foundation-See Rm
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Ceiling Fan(s), Covered Patio, Porch-Screened, Pool-Inground (Home), Pool-Screened In (Home), Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Ranch
  • View: Direct Lagoon Front, Indirect Lagoon Side
  • Parcel Id Tax Id: 66-04-17-2-000-070.000
  • Year Built: 1990
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: 129.8' X 200' LOT 28 & W1/2 LOT 29 GULFWOOD HIGHLANDS SUB MB 5 PG47 & 3/320 INT IN PARK LOT LYING IN
  • Subdivsn Or Commnty: Gulfwood Highlands
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range-Gas, Refrigerator, Washer
  • Estimated Living Area: 2175
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 13 x 13, On Level: Main Level
  • Bedroom 3: Dimensions: 11 x 10, On Level: Main Level
  • Bedrooms: 3
  • Floors: Carpet, Tile, Wood
  • Kitchen: Dimensions: 10 x 15, On Level: Main Level
  • Living Room: Dimensions: 19 x 13, On Level: Main Level
  • Master Bed: Dimensions: 13 x 13, On Level: Main Level
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 288.05
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Tub/Shower Combo

Exterior Features

  • Boat Facilities: Boat Dock
  • Exterior Finish: Brick
  • Roof: Metal
  • Water Property Type: Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Garage Spaces: 2
  • Number Of Parking Spaces: 7
  • Garage Parking: Double Garage

Utilities

  • Heat Cooling: Heat Pump, Heat Pump (Cool)
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Community Amenities: Water Access-Deeded

Schools

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

Lot Info

  • Lot Block Unit: 28+
  • Lot Description: Rolling, Water View
  • Lot Size: 129.8 x 200

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 2189.88
  • Assessor Parcel Number: 10804

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
May 2, 2025
Sold by
Cimino David M and Cimino Amy
Bought by
Lysykanycz Ann Page and Birge Kenneth
Seller's Agent
Vince Burchfield
Brett R/E Robinson Dev OB
Buyer's Agent
Bethany Ogden
EXIT Realty Gulf Shores
List Price
$869,000
Sold Price
$835,000
Premium/Discount to List
-$34,000
-3.91%
Views
11
Current Estimated Value
$836,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,460
Avg. Annual Appreciation
0.50%
Original Mortgage
$420,000
Outstanding Balance
$418,510
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$417,950

Purchase Details

Listed on
Jul 4, 2022
Closed on
Aug 5, 2022
Sold by
Susan C Ormsby Revocable Trust
Bought by
Cimino David M and Cimino Amy
Seller's Agent
Peyton Yarborough
RE/MAX of Orange Beach
Buyer's Agent
Mike Reynolds
Roberts Brothers Inc. Gulf Coa
List Price
$576,000
Sold Price
$626,500
Premium/Discount to List
$50,500
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$431,200
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2020
Sold by
Magnolia Drive Llc
Bought by
Ormsby Susan C and The Susan C Ormsby Revocable T

Purchase Details

Closed on
Jul 19, 2019
Sold by
Magnolia Drive Llc
Bought by
Susan C Ormsby Revocable Trust and Ormsby

Purchase Details

Closed on
Nov 1, 2016
Sold by
Ormsby Guy F
Bought by
Magnolia Drive Llc

Purchase Details

Listed on
Feb 27, 2013
Closed on
May 31, 2013
Sold by
Martin Frank S
Bought by
Ormsby Guy F
Seller's Agent
Tom Stanton
EXIT Realty Gulf Shores
Buyer's Agent
Vandiver McAlister
McAlister Realty, LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$176,000
Interest Rate
2.62%
Mortgage Type
New Conventional
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 $835,000 Law And Land Title
Warranty Deed $626,500 None Listed On Document
Warranty Deed $325,000 None Available
Warranty Deed $325,000 None Listed On Document
Warranty Deed $220,000 None Available
Warranty Deed $220,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $431,200 New Conventional
Previous Owner $176,000 New Conventional
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $835,000 -3.9% $388 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $869,000 +38.7% $404 / Sq Ft
08/05/2022 08/05/22 Sold $626,500 +8.8% $288 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $576,000 +161.8% $265 / Sq Ft
06/03/2013 06/03/13 Sold $220,000 0.0% $96 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $220,000 -- $96 / 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 $1,532 $47,780 $10,640 $37,140
2023 $1,641 $49,720 $11,500 $38,220
2022 $1,301 $39,420 $0 $0
2021 $2,190 $26,340 $0 $0
2020 $2,141 $63,120 $0 $0
2019 $2,056 $60,400 $0 $0
2018 $2,018 $59,160 $0 $0
2017 $863 $26,160 $0 $0
2016 $826 $25,040 $0 $0
2015 -- $22,160 $0 $0
2014 -- $20,800 $0 $0
2013 -- $17,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 333364

Baldwin REALTORS®

APN: 66-04-17-2-000-070.000