$475,000
SOLD NOV 20, 2024

3806 Spinnaker Dr Unit 202 Gulf Shores, AL 36542

Plash Island Neighborhood
3 Beds
2 Baths
1,450 Sq Ft
$700/mo HOA Fee

Recently Sold

$328 Per Sq Ft

5% Below List Price

2 Days on Market

Highlights

  • Marina View
  • Boat Ramp
  • Fitness Center
  • Assigned Boat Slip
  • Boat Lift
  • No Units Above

About This Home

As of November 2024

Live the island life in this quiet and peaceful gated condo community. Sailboat Bay is a private, deep-water harbor community nestled on the southeast shore of Mobile Bay, adjacent to the Intracoastal Waterway at the mouth of the Bon Secour River on Plash Island. The 39-building, 184-unit complex features 2 pools, a kiddie pool, whirlpool/spa, tennis courts, a fitness room and an assigned boat slip. Slip #10 has a 10,000 lb. lift and the boat facilities are equipped with water, power, boat ramp, washdown and boat/trailer storage. Enter this beautifully updated 3 bedroom, 2 bath furnished unit and fall in love with its breathtaking view of the marina and ICW. The tastefully updated kitchen has granite countertops, custom cabinets, stainless steel appliances and beautiful ceramic tile floors. There are 2 assigned parking spaces, golf cart parking and a large storage closet with a full-size refrigerator/freezer that does convey. This condo features a nice spacious deck - perfect for having coffee or wine while dolphin watching. Come see for yourself and experience one of Gulf Shores most sought-after communities. Credenza in living room does not convey. No short-term rentals allowed - minimum stay of 30 days. This building does have an elevator. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Dina Oursler

RE/MAX of Orange Beach Brokerage Phone: 318-573-3647 Listed on: 10/20/2024

RE/MAX of Orange Beach

Last Buyer's Agent

Dina Oursler

RE/MAX of Orange Beach Brokerage Phone: 318-573-3647 Listed on: 10/20/2024

RE/MAX of Orange Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1996

Lot Details

  • Home fronts a canal
  • No Units Above
  • Landscaped

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Marina Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Golf Cart Garage
  • Assigned Parking

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Assigned Boat Slip
  • Outdoor Storage
  • Rear Porch

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Horse Facilities and Amenities

  • Trailer Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6705050001110.072.904

Community Details

Overview

  • Association fees include cable TV, clubhouse, common area insurance, ground maintenance, internet, pool, taxes-common area, trash, water/sewer
  • 4 Units

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Children's Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,197

Year Built

Built in 1996

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • View: Marina View
  • Parcel Number: 6705050001110.072.904
  • Year Built: 1996
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Clubhouse, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Fitness Center, Pool - Indoor, Pool - Kiddie, Landscaping, Pool - Outdoor, Tennis Court(s), Gated
  • ResoLotFeatures: Waterfront
  • Water Body Name: Canal to Intracoastal Waterway
  • Attribution Contact: PHONE: 318-573-3647
  • Co List Office Phone: 251-981-2400
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Sailboat Bay
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 3
  • Reso Fireplace Features: None
  • Reso Interior Features: High Ceilings
  • Unit Levels: One
  • Living Area: 1450
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Reso Window Features: Double Pane Windows
  • Financial Info Electric: Total Electric, Baldwin EMC
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: Assigned Slip, Boat Lift, Boat Ramp, Power Available, Trailer Storage, Water Depth (4 ft+)
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Dining Room Features: Lvg/Dng Combo
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Main
  • Room Kitchen Area: 140
  • Room Master Bedroom Area: 180
  • Master Bathroom Features: Double Vanity, Separate Shower

Exterior Features

  • Roof: Composition
  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Canal Front, ICW Accs (<=1/4 Mi)
  • Home Warranty: No
  • Common Walls: No One Above
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Covered, Golf Cart Garage
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric (Cool), Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 700
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Allowed, More Than 2 Pets Allowed

Fee Information

  • Association Fee Includes: Cable TV, Clubhouse, Common Area Insurance, Maintenance Grounds, Internet, Pool, Taxes-Common Area, Trash, Water/Sewer

Schools

  • Middle Or Junior School: Foley Middle

Lot Info

  • Zoning Description: Single Family Residence

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1197.28

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2024
Closed on
Nov 15, 2024
Sold by
Alexander Johnny
Bought by
Schad Walter H and Schad Nancie E
Seller's Agent
Dina Oursler
RE/MAX of Orange Beach
Buyer's Agent
Dina Oursler
RE/MAX of Orange Beach
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
5
Current Estimated Value
$495,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,182
Avg. Annual Appreciation
6.31%
Original Mortgage
$335,000
Outstanding Balance
$332,445
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$165,178

Purchase Details

Listed on
Jan 8, 2024
Closed on
May 10, 2024
Sold by
Richey Jesse R
Bought by
Alexander Johnny
Seller's Agent
Craig Jackson
Bellator RE LLC Orange Beach
Buyer's Agent
Joe Curlette
Century 21 J Carter & Company
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Apr 14, 2023
Sold by
Tuyo David L and Tuyo Paulette K
Bought by
Richey Jesse R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2022
Sold by
Weaver Jr William T and Weaver Diana L
Bought by
Tuyo David and Tuyo Paulette K

Purchase Details

Closed on
Oct 16, 2020
Sold by
Nahas George A and Nahas Virginia M
Bought by
Weaver William T and Weaver Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Scott Wilma W and Scott Sara Elaine
Bought by
Hurston Robert B and Hurston June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
4.71%
Mortgage Type
New Conventional
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

Date Type Sale Price Title Company
Warranty Deed $475,000 None Listed On Document
Warranty Deed $460,000 None Listed On Document
Warranty Deed $475,000 None Listed On Document
Warranty Deed $466,000 Pipkin & Associates Llc
Warranty Deed $388,000 None Available
Survivorship Deed $219,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $349,200 New Conventional
Previous Owner $349,200 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $475,000 -4.8% $328 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $499,000 +8.5% $344 / Sq Ft
05/10/2024 05/10/24 Sold $460,000 -3.0% $317 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $474,000 -0.2% $327 / Sq Ft
02/02/2024 02/02/24 Price Changed $475,000 -5.0% $328 / Sq Ft
01/08/2024 01/08/24 For Sale $499,900 -- $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 $1,250 $46,260 $0 $46,260
2023 $900 $42,760 $0 $42,760
2022 $1,018 $37,960 $0 $0
2021 $757 $36,080 $0 $0
2020 $721 $34,440 $0 $0
2019 $879 $33,000 $0 $0
2018 $1,299 $46,400 $0 $0
2017 $1,405 $50,180 $0 $0
2016 $1,340 $47,860 $0 $0
2015 $1,178 $42,060 $0 $0
2014 $1,243 $44,380 $0 $0
2013 -- $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 369535

Baldwin REALTORS®

APN: 67-05-05-0-001-110.072-904