$550,000
SOLD JUL 12, 2021

487 E 1st Ave Unit 1 Gulf Shores, AL 36542

2 Beds
3 Baths
1,438 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$382 Per Sq Ft

Highlights

  • Community Beach Access
  • Water access To Gulf or Ocean
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Cottage

About This Home

As of July 2021

Unit 1, FSBO, FOR COMPARISON PURPOSES ONLY. Kitchen & Dining Areas: Granite Countertops Stainless Steel Appliances Custom Cabinets Dining Table Seating for 6 Breakfast Bar for Additional Seating Fully Equipped w/Cookware, Instapot, Blender, Dishes, Utensils & Drinkware Living Area: Plenty of Comfortable Seating Queen Size Sleeper Sofa Ceiling Fan, Reading Lamps & Flat Screen TV Full Guest Bath w/Shower & Tub Combo Master Bedroom: King Size Bed Ceiling Fan, Reading Lamps & Flat Screen TV Private Master Bath: Granite Counter Tops Double Sink Vanity Walk-In Shower Guest Room: 2 Queen Size Beds Ceiling Fan, Reading Lamp, Flat Screen TV En-Suite Guest Bath with Granite Counter Tops & Shower/Tub Combo Additional Amenities Include: Wifi Full Size Washer & Dryer Outdoor Pool Deeded Beach Access

Last Agent to Sell the Property

Leigh Dillon McPherson

RE/MAX of Orange Beach Listed on: 07/12/2021

RE/MAX of Orange Beach

Co-Listed By

Meagan Elizabeth Summers

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Last Buyer's Agent

Meagan Elizabeth Summers

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 2017

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Carport

Home Design

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

Interior Spaces

  • 1,438 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Water access To Gulf or Ocean
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-129.014

Community Details

Overview

  • $500 Additional Association Fee
  • Association fees include management, common area insurance, common area maintenance, trash, water/sewer, internet, pool
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,598

Year Built

Built in 2017

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Additional Amenity Fees: 500
  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Covered Patio, Internet, Storage-Out
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • View: Indirect Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-05-21-2-000-129.014
  • Year Built: 2017
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator, Smoke Detector, Washer
  • Estimated Living Area: 1438
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x13, On Level: 2
  • Bedrooms: 2
  • Kitchen: Dimensions: 8x12, On Level: Main Level
  • Living Dining: Dimensions: 17x42, On Level: Main Level
  • Master Bed: Dimensions: 14x18, On Level: 2
  • Primary Bedroom Bathroom: Double Vanity
  • Price Per Sq Ft: 382.48
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Double Carport

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 325
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Pool - Outdoor
  • Condo Building Stories: 2

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows

Lot Info

  • Lot Block Unit: 1
  • Lot Description: Less Than 1 Acre
  • Lot Size: 38' X 38.3' Irr

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 2598.42
  • Assessor Parcel Number: 371505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Reddell Maurice W and Vail Chris L
Bought by
Frizzell Misty Dawn and Frizzell Justin Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$502,674
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$244,333

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 1, 2021
Sold by
Bam Holdings Llc
Bought by
Vail Chris L and Reddell Maurice W
Seller's Agent
Leigh Dillon McPherson
RE/MAX of Orange Beach
Buyer's Agent
Meagan Elizabeth Summers
RE/MAX of Orange Beach
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$548,250
Outstanding Balance
$502,674
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$244,333

Purchase Details

Closed on
Jul 15, 2020
Sold by
Mcguire Michael Lynn
Bought by
Bam Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 11, 2018
Sold by
Seiler John and Seiler Jan
Bought by
Mcguire Michael Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2017
Sold by
Ko Investments Llc
Bought by
Seiler John and Seiler Jen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,840
Interest Rate
3.95%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $615,000 None Available
Warranty Deed $525,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $400,000 None Available
Warranty Deed $359,800 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $361,250 Future Advance Clause Open End Mortgage
Previous Owner $280,000 VA
Previous Owner $287,840 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $699,000 +27.1% $486 / Sq Ft
07/12/2021 07/12/21 Sold $550,000 0.0% $382 / Sq Ft
07/12/2021 07/12/21 For Sale $550,000 -- $382 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
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 $4,522 $137,020 $59,100 $77,920
2023 $4,264 $129,200 $50,400 $78,800
2022 $3,132 $94,900 $0 $0
2021 $2,656 $79,100 $0 $0
2020 $2,592 $76,660 $0 $0
2019 $2,432 $71,780 $0 $0
2018 $1,185 $35,900 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 316975

Baldwin REALTORS®

APN: 66-05-21-2-000-129.003