NOT LISTED FOR SALE

Lighthouse Condominium 455 E Beach Blvd Unit 217 Gulf Shores, AL 36542

Estimated Value: $590,685 - $719,000

1 Bed
2 Baths
875 Sq Ft
$716/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $585,000 $669 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,288/month

63 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Jetted Tub in Primary Bathroom
  • Gulf Shores Elementary School Rated A-
  • Gated Community
  • Community Indoor Pool

About This Home

As of July 2022

Amazing Lighthouse condominium! This lower floor, one bedroom condo can rent like a 2 bedroom with the extra bunk room and is in one of the most popular complexes in Gulf Shores. See the beach from the living room sofa and from the Gulf-front generous sized balcony - it's just spectacular!! Walk straight to your condo from your 2nd floor parking space and avoid the elevators. Or take the west elevator down one floor- so convenient to the indoor pool and fitness center. The Lighthouse is just what the savvy investor is looking for. The rare feature of an extra bunk room in this condo puts rental numbers over the top, especially with this 2nd floor unit. Huge amenities including large outdoor pools, large pool decks, an indoor pool, and a fitness center that overlooks the beach. New HVAC unit, fresh paint, new furniture pieces, and granite counter tops all make this the perfect condominium! (Balcony furniture temporarily removed while balcony is being painted).

Last Agent to Sell the Property

Sandy Davenport

Kaiser Sotheby's Int-GS Listed on: 03/30/2022

Kaiser Sotheby's Int-GS

Last Buyer's Agent

Erick Haffner

Realty Executives Gulf Coast

Realty Executives Gulf Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 2006

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 875 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 279927

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer, internet, pool
  • 5 Elevators
  • Lighthouse Community
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Lobby
  • Community Wi-Fi

Recreation

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,743

Year Built

Built in 2006

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Property Amenities: Bunk Room, Ceiling Fan(s), Window Treatments
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 279927
  • Year Built: 2006
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Living Room Group: Living/Dining
  • Property Legal Description: Unit 217 The Lighthouse condo
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 875
  • Bathrooms: 2
  • Bedrooms: 1
  • Elevators: 5
  • Floors: Tile
  • Kitchen: Dimensions: 11x8, On Level: Main Level
  • Living Dining: Dimensions: 13x20, On Level: Main Level
  • Master Bed: Dimensions: 10x14, On Level: Main Level
  • Price Per Sq Ft: 668.57
  • Property Interior Stories: 1
  • Unit Floor: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, Walk In Closet, Direct Gulf View-Primary

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 492
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Common Lobby, Covered Entry, Exercise Room, Fire Sprinkler System, Internet, Pool - Indoor, Landscaping, On-Site Management, Pool - Outdoor, Pets - Owners Only, Steam/Sauna, Gated
  • Condo Building Stories: 18
  • Condo Complex: Lighthouse

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Description: Waterfront

Rental Info

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

Tax Info

  • Property Taxes: 2742.96
  • Assessor Parcel Number: 279927

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 29, 2022
Sold by
Higdon Michael B
Bought by
Teal Bleu Llc
Seller's Agent
Sandy Davenport
Kaiser Sotheby's Int-GS
Buyer's Agent
Erick Haffner
Realty Executives Gulf Coast
List Price
$645,000
Sold Price
$585,000
Premium/Discount to List
-$60,000
-9.3%
Current Estimated Value
$626,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,421
Avg. Annual Appreciation
2.12%
Original Mortgage
$472,231
Outstanding Balance
$455,073
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$168,231

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 20, 2020
Sold by
Mccord Richard and Mccord Margaret
Bought by
Higdon Michael B
Seller's Agent
Michelle Beckham
Bellator Real Estate, LLC Beck
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.11%
Original Mortgage
$307,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
East Beach Development Llc
Bought by
Mccord Richard and Mccord Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,050
Interest Rate
6.6%
Mortgage Type
Unknown
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
Teal Bleu Llc $285,000 None Listed On Document
Higdon Michael B $410,000 None Available
Mccord Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teal Bleu Llc $472,231
Previous Owner Higdon Michael B $307,500
Previous Owner Mccord Richard $245,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $585,000 -8.5% $669 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/14/2022 05/14/22 Price Changed $639,000 -0.9% $730 / Sq Ft
03/30/2022 03/30/22 For Sale $645,000 +57.3% $737 / Sq Ft
08/21/2020 08/21/20 Sold $410,000 0.0% $469 / Sq Ft
08/21/2020 08/21/20 Sold $410,000 -4.7% $469 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/22/2020 07/22/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $430,000 -4.4% $491 / Sq Ft
02/25/2020 02/25/20 For Sale $450,000 -- $514 / 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 $4,043 $122,500 $0 $122,500
2023 $3,840 $111,120 $0 $111,120
2022 $3,205 $97,120 $0 $0
2021 $2,783 $83,120 $0 $0
2020 $2,783 $83,120 $0 $0
2019 $2,639 $78,760 $0 $0
2018 $2,495 $74,380 $0 $0
2017 $2,408 $71,760 $0 $0
2016 $2,321 $69,120 $0 $0
2015 $2,090 $62,120 $0 $0
2014 $1,859 $55,120 $0 $0
2013 -- $51,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 328559

Baldwin REALTORS®

APN: 66-05-21-2-000-168.000-908