NOT LISTED FOR SALE

Estimated Value: $724,000 - $905,000

3 Beds
3 Baths
2,708 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $475,500 $176 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,797/month

16 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • High Ceiling
  • Gulf Shores Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of June 2021

Exquisite custom designed home in established Craft Farms. Craft Farms consists of 500 home sites+/- surrounded by 2 legendary Arnold Palmer designed golf courses, more than 30 lakes, mature trees and lush landscaping. Resort, golf-cart style living at it best. The clubhouse features seasonal pool, restaurant and tennis. Attention to detail is what makes this home stand out from the others. Built to gold standards with 2x6" framing, the home sits lakeside on an estate lot. The brick exterior features dentil ornamentation, concrete keystone pediments over front windows, and brand new roof. This home highlights it's beautiful natural setting with extra large picture windows in each room, massive 12 ft x 8ft glass doors in living room they open to a screened patio with a dramatic 15 ft high arched ceiling. Off the kitchen there is a separate open grilling patio with gas outlet both overlooking the lake. The interior features a split floor plan, 3 bedrooms with generous proportions, and a large den/study with French doors, closet and window could double as guest accommodations or a 4th bedroom. Recessed lighting, crown molding, trey ceilings, 10 foot ceilings and 8.5 ft arches and bullnose corners. State of the art, combination Rinai tankless water heater and hydronic air handler installed in 2016. Too many features and amenities to detail here. See documents for more in-depth information.

Last Listed By

Tom Gardner

RE/MAX of Gulf Shores Listed on: 01/14/2021

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $827

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 152x172
  • Lake Front
  • Landscaped
  • Property is zoned Within Corp Limits

HOA Fees

  • $72 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 2,708 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Screened Porch
  • Storage
  • Termite Clearance

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Internet Available
  • Satellite Dish

Additional Features

  • Handicap Accessible
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 61-08-33-4-001-031.014

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, taxes-common area
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Meeting Room

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$827

Year Built

Built in 2005

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), En-Suite, Handicap Accessible, High Ceilings, Internet, Irrigation Sprinkler, Patio, Porch-Screened, Storage-In, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Single Story
  • View: Direct Lake Front
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-08-33-4-001-031.014
  • Year Built: 2005
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Microwave, Range-Gas
  • Estimated Living Area: 2708
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 15x13, On Level: Main Level
  • Bedroom 3: Dimensions: 14x13, On Level: Main Level
  • Bedroom 4: Dimensions: 14x11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 13x13, On Level: Main Level
  • Floors: Carpet, Tile, Wood
  • Kitchen: Dimensions: 20x14, On Level: Main Level
  • Living Room: Dimensions: 22x17, On Level: Main Level
  • Master Bed: Dimensions: 18x16, On Level: Main Level
  • Primary Bedroom Bathroom: Garden Tub, Separate Shower, 1st Floor Master, Multiple Walk In Closets, Balcony/Patio, Private Water Closet, Handicap Accessible
  • Price Per Sq Ft: 175.59
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Brick
  • Roof: Dimensional
  • Water Property Type: Lake Front - Building

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric (Cool)
  • Utilities: Gas-Natural, Satellite, Water Heater-Tankless, Baldwin Emc, Gulf Shores Utilities, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fees: 215
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Taxes-Common Area
  • Community Amenities: Landscaping, Meeting Room, Pool - Outdoor, Golf Course

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 29
  • Lot Description: Less Than 1 Acre
  • Lot Size: 152x172

Rental Info

  • Rental Restricted: Yes

Tax Info

  • Property Taxes: 826.88
  • Assessor Parcel Number: 221103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jun 8, 2021
Sold by
Martinello Mario and Martinello Susan F
Bought by
Romano Ted and Morelock Kathy
Seller's Agent
Tom Gardner
RE/MAX of Gulf Shores
Buyer's Agent
Blair Stringer
RE/MAX on the Coast
List Price
$508,000
Sold Price
$475,500
Premium/Discount to List
-$32,500
-6.4%
Total Days on Market
16
Current Estimated Value
$830,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,036
Avg. Annual Appreciation
15.33%

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
Romano Ted -- Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Ted $165,000
Open Romano Ted $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $475,500 -1.9% $176 / Sq Ft
04/25/2021 04/25/21 Price Changed $484,900 -2.9% $179 / Sq Ft
03/19/2021 03/19/21 Price Changed $499,500 -1.7% $184 / Sq Ft
02/22/2021 02/22/21 For Sale $508,000 0.0% $188 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $508,000 -- $188 / 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 $1,441 $55,080 $14,860 $40,220
2023 $1,648 $49,940 $9,520 $40,420
2022 $1,530 $46,360 $0 $0
2021 $827 $41,880 $0 $0
2020 $827 $39,380 $0 $0
2019 $827 $36,880 $0 $0
2018 $827 $34,140 $0 $0
2017 $827 $32,900 $0 $0
2016 $827 $31,920 $0 $0
2015 $831 $32,080 $0 $0
2014 $755 $29,220 $0 $0
2013 -- $28,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Baldwin REALTORS®

MLS Number: 308190

Baldwin REALTORS®

APN: 61-08-33-4-001-031.014