NOT LISTED FOR SALE

435 E 2nd Ave Unit B Gulf Shores, AL 36542

Estimated Value: $630,748 - $715,000

2 Beds
3 Baths
1,344 Sq Ft
$501/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $630,000 $469 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,044/month

153 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Gated Community
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • FORTIFIED Gold

About This Home

As of May 2023

Welcome to this luxurious 2-bedroom 3 bath gold-fortified coastal cottage located in the East Beach District of Gulf Shores. This property has views of the beach from two balconies and a short walking distance to the deeded access. Built to withstand hurricane-force winds, this house has concrete board exterior siding as well as a 26 gauge metal roof. The ground floor climate-controlled entrance has extra storage and leads up to the main level kitchen, and living/dining area. You’ll discover 10’ ceilings, a shiplap wall, crown molding, and tasteful décor in the living area. In the kitchen, there are quartz countertops, custom cabinets, and backsplash as well as stainless steel appliances. Upstairs, are two spacious bedrooms and a bunk bed alcove in the hallway. The master bathroom features a custom tiled shower with frameless glass doors and the other baths have fiberglass cast baths and custom tile surrounds. The outdoor pool is flanked by a brick-paved roadway and the white exterior of the 7 other cottages in the subdivision. The tropical paradise is the perfect spot for a family vacation home or a super rental investment.

Last Agent to Sell the Property

Brian Pugh

Brett R/E Robinson Dev OB Listed on: 11/05/2022

Last Buyer's Agent

Kristina Halfacre

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 2018

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30x40
  • Fenced
  • Landscaped
  • Level Lot
  • Property is zoned Within Corp Limits

HOA Fees

  • $158 Monthly HOA Fees

Property Views

  • Gulf
  • Pool

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • FORTIFIED Gold

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Covered Patio or Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-040.003

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, reserve funds, taxes-common area, internet, pool
  • Eastside Cottages Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Beach Access
  • Community Pool

Security

  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,523

Year Built

Built in 2018

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings, Fortified-Gold
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Bunk Alcove, Cable, Ceiling Fan(s), Covered Patio, En-Suite, Fenced, High Ceilings, Patio, Storage-In, Window Treatments
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • View: Pool Area View, Eastern View, Indirect Gulf-Across Rd
  • Zoning Area: Within Corp Limits
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-05-21-2-000-040.003
  • Year Built: 2018
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: 38' X 41' IRR LOT B EASTSIDE COTTAGES SUBDIVISION SLIDE 2631 -A LYING IN THE CITY OF GULF SHORES SEC
  • Subdivsn Or Commnty: Eastside Cottages
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 1344
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 10X12, On Level: 2
  • Bedrooms: 2
  • Dining Area: Dimensions: 13X10, On Level: Main Level
  • Fireplace: No Fireplace
  • Kitchen: Dimensions: 11X10, On Level: Main Level
  • Living Dining: Dimensions: 24X12, On Level: Main Level
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Master Bed: Dimensions: 13X11, On Level: 2
  • Price Per Sq Ft: 468.75
  • Property Interior Stories: 2

Exterior Features

  • Exterior Finish: Concrete Board, Wood
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Deeded Access, Gulf Accs (Wlk <=1/4 Mi)

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Sewage-City, Total Electric, Underground Utilities, Water Heater-Electric, Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fees: 475
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Taxes-Common Area, Internet, Pool
  • Community Amenities: Fencing, Landscaping, Pool - Outdoor, Pets - Owners Only, Gated, Water Access-Deeded

Lot Info

  • Estimated Lot Size: 0.04
  • Lot Block Unit: B
  • Lot Description: Less Than 1 Acre, Level
  • Lot Size: 30X40

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 2523.18
  • Assessor Parcel Number: 376590

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
May 9, 2023
Sold by
Noble Kerry L and Noble Anna M
Bought by
Optimus Rentals Llc
Seller's Agent
Brian Pugh
Brett R/E Robinson Dev OB
Buyer's Agent
Kristina Halfacre
RE/MAX of Orange Beach
List Price
$720,000
Sold Price
$630,000
Premium/Discount to List
-$90,000
-12.5%
Views
164
Current Estimated Value
$673,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,937
Avg. Annual Appreciation
2.76%
Original Mortgage
$441,000
Outstanding Balance
$252,293
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$421,644

Purchase Details

Closed on
Aug 22, 2019
Sold by
Sts Holdings Llc
Bought by
Noble Kerry L and Noble Anna M

Purchase Details

Closed on
Feb 26, 2018
Sold by
Grilled Oysters Llc
Bought by
Pavilion Llc
Source: Public Records

Range of Values:

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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
Optimus Rentals Llc $630,000 None Listed On Document
Noble Kerry L -- None Available
Pavilion Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Optimus Rentals Llc $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $630,000 -7.2% $469 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $679,000 -5.7% $505 / Sq Ft
11/05/2022 11/05/22 For Sale $720,000 -- $536 / 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 $4,301 $130,320 $50,240 $80,080
2023 $4,083 $123,740 $42,840 $80,900
2022 $2,995 $90,760 $0 $0
2021 $2,580 $75,920 $0 $0
2020 $2,654 $78,420 $0 $0
2019 $2,162 $63,520 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 338488

Baldwin REALTORS®

APN: 66-05-21-2-000-040.003