480 S Breakers Ln Gulf Shores, AL 36542
Fort Morgan Neighborhood
6
Beds
6.5
Baths
2,640
Sq Ft
7,656
Sq Ft Lot
Highlights
- Fishing
- Vaulted Ceiling
- Community Pool
- Bay View
- Main Floor Primary Bedroom
- Front Porch
About This Home
As of August 2024BACK ON THE MARKET due to no fault of the Seller or home. This beautiful BEACH HOME with its updated COASTAL VIBE is ready to be your new second home or turn-key vacation rental. Located in the peaceful Fort Morgan area, this spacious home has had many upgrades and offers six bedrooms with full baths including a bunk room, a spacious living area, beautifully updated kitchen, a nice porch, newly installed HVAC system and a strong rental track record sleeping 19 people. WHITE SANDY BEACHES and NEIGHBORHOOD POOLS just steps away make this home the perfect place to RELAX AND HAVE FUN! The Bay to Breakers community has the best of both worlds with not only neighborhood pools and deeded BEACH ACCESS, but also a GREAT NEIGHBORHOOD PIER on Mobile Bay if you like to fish or just take in the sunsets. There is also a nearby Marina for fishing charters, a boat launch, Kiva Dunes golf course, historic Fort Morgan to explore and a couple of restaurants all within a five-minute drive. Buyer to verify all information during due diligence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,385
Year Built
- Built in 2005
Lot Details
- 7,656 Sq Ft Lot
- Lot Dimensions are 62.5 x 122.5
- Level Lot
HOA Fees
- $400 Monthly HOA Fees
Home Design
- Stilt Home
- Metal Roof
- Piling Construction
- Hardboard
Interior Spaces
- 2,640 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Storage
- Laminate Flooring
- Bay Views
Kitchen
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
Laundry
- Dryer
- Washer
Parking
- 5 Parking Spaces
- 2 Carport Spaces
Outdoor Features
- Outdoor Storage
- Front Porch
Schools
- Foley Elementary School
- Foley Middle School
- Foley High School
Utilities
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 6908010004187.000
Community Details
Overview
- Association fees include management, common area insurance, ground maintenance, recreational facilities, taxes-common area
Recreation
- Community Pool
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Aug 14, 2024
Sold by
Hollinger Patrick M and Hollinger Lynn M
Bought by
Wilson Aaron Kyle and Wilson Elizabeth Karen
Seller's Agent
Susan Trawick
Engel and Volkers Gulf Shores
Buyer's Agent
Becky Johnson
RE/MAX Paradise
List Price
$1,030,000
Sold Price
$999,999
Premium/Discount to List
-$30,001
-2.91%
Total Days on Market
3
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,329
Avg. Annual Appreciation
5.57%
Original Mortgage
$650,000
Outstanding Balance
$645,607
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$398,721
Purchase Details
Closed on
Feb 21, 2018
Sold by
Roberts John Camp
Bought by
Hollinger Patrick M and Hollinger Lynn M
Purchase Details
Listed on
Apr 11, 2016
Closed on
Apr 21, 2017
Sold by
Curren Marie L and Glanding Charles A
Bought by
Roberts John Camp and Hollinger Patrick Michael
Seller's Agent
Toes N Sand Properties Team
Sand Dollar Real Estate, Inc.
Buyer's Agent
Shirlee Poulos
Carney Realty, Inc.
List Price
$410,000
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
12.20%
Purchase Details
Closed on
Apr 29, 2005
Sold by
Lucas Jay and Lucas Marilyn
Bought by
Curren Marie L and Glanding Charles A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.75%
Mortgage Type
Construction
Similar Homes in Gulf Shores, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $999,999 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $1,000,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $395,000 | Credit Line Revolving | |
| Previous Owner | $440,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $999,999 | -2.9% | $379 / Sq Ft |
| 08/07/2024 08/07/24 | For Sale | $1,030,000 | 0.0% | $390 / Sq Ft |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $1,030,000 | +151.2% | $390 / Sq Ft |
| 04/21/2017 04/21/17 | Sold | $410,000 | 0.0% | $155 / Sq Ft |
| 03/29/2017 03/29/17 | Pending | -- | -- | -- |
| 04/11/2016 04/11/16 | For Sale | $410,000 | -- | $155 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $4,505 | $160,880 | $38,320 | $122,560 |
| 2023 | $3,385 | $120,880 | $24,340 | $96,540 |
| 2022 | $3,514 | $125,500 | $0 | $0 |
| 2021 | $2,818 | $98,060 | $0 | $0 |
| 2020 | $2,874 | $100,440 | $0 | $0 |
| 2019 | $2,671 | $93,040 | $0 | $0 |
| 2018 | $2,350 | $81,560 | $0 | $0 |
| 2017 | $2,353 | $81,560 | $0 | $0 |
| 2016 | $2,389 | $82,360 | $0 | $0 |
| 2015 | -- | $75,080 | $0 | $0 |
| 2014 | -- | $56,820 | $0 | $0 |
| 2013 | -- | $57,320 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Trawick
Seller's Agent in 2024
Susan Trawick
Engel and Volkers Gulf Shores
(251) 458-4834
8 in this area
35 Total Sales
-
Becky Johnson
Buyer's Agent in 2024
Becky Johnson
RE/MAX
(251) 923-9917
12 in this area
73 Total Sales
-
Seller's Agent in 2017
Toes N Sand Properties Team
Sand Dollar Real Estate, Inc.
-
Buyer's Agent in 2017
Shirlee Poulos
Carney Realty, Inc.
Map
Source: Baldwin REALTORS®
MLS Number: 363814
APN: 69-08-01-0-004-187.000
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