NOT LISTED FOR SALE

487 E 1st Ave Unit 4 Gulf Shores, AL 36542

Estimated Value: $593,757 - $814,000

2 Beds
3 Baths
1,420 Sq Ft
$519/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $425,000 $299 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,488/month

11 Days on Market

Highlights

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

About This Home

As of December 2019

Welcome to Cottages at Romeo BEACH! "United We Sand" is an ECLECTIC and FUN Gold Fortified beach home to call your own! Gorgeous INSIDE & OUT, and only a short walk to your deeded BEACH access! This coastal charmer is infused with rustic BEACH inspired decor you will fall in love with. Shiplap walls on the main level adds to the coastal coolness. High end finishes in the kitchen offering granite and stainless steel appliances. A full bath is available on the first floor, perfect for guests! Completely open concept kitchen, dining, and living area has the perfect modern look. Walk out to your generously sized balcony with water views! Enjoy your morning coffee and breakfast on the outdoor bar and watch the water. On the second floor you have two large bedrooms and two bathrooms upstairs. The master offers an en-suite with a double vanity with granite with tiled floors. Guest room is ready to go along with the private guest bath that also features a double vanity with granite counter tops. Enjoy the pool lined with palm trees and soak up the sun! This cottage is your COASTAL HAVEN. This cottage is also a great rental reaching as high as 45k a year! Close to town and the BEACH is what you want! So ACT NOW!

Last Agent to Sell the Property

Debra Wood

Engel and Volkers Gulf Shores License #101349 Listed on: 10/30/2019

Last Buyer's Agent

Debra Wood

Engel and Volkers Gulf Shores License #101349 Listed on: 10/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 2017

Lot Details

  • 2,701

HOA Fees

  • $275 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • FORTIFIED Gold

Outdoor Features

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

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 66-05-21-2-000-129.009

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, trash, water/sewer, internet, pool
  • Cottages At Romeo Beach Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,426

Year Built

Built in 2017

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings, Fortified-Gold
  • Construction Status: Resale
  • Home Warranty: Yes
  • Property Amenities: Covered Patio, High Ceilings, Internet, Storage-Out
  • Property Type: Residential Detached
  • Style: Cottage
  • View: Indirect Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-05-21-2-000-129.009
  • Year Built: 2017
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Cottages at Romeo Beach
  • 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: 1420
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x13, On Level: 2
  • Bedrooms: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 8x12, On Level: Main Level
  • Living Dining: Dimensions: 17x42, On Level: Main Level
  • Master Bed: Dimensions: 14x18, On Level: 2
  • Price Per Sq Ft: 299.3
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 275
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Pool - Outdoor, Pets - Owners Only, Pets - Renters Allowed, Pets - Allowed, Water Access-Deeded

Lot Info

  • Lot Block Unit: 4
  • Lot Description: Less Than 1 Acre

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 2425.50
  • Assessor Parcel Number: 371500

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Phoenix Gulf Shores Ii Llc
Bought by
Ann M Martin Trust and Martin
Current Estimated Value
$731,179

Purchase Details

Closed on
May 9, 2017
Sold by
Ko Investments Llc
Bought by
Lee Terry John and Lee Cathy L
Source: Public Records

Range of Values:

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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
Ann M Martin Trust $808,325 None Listed On Document
Lee Terry John $38,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $425,000 -0.9% $299 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $428,900 -- $302 / 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 $4,637 $140,500 $59,100 $81,400
2023 $4,380 $132,720 $50,400 $82,320
2022 $3,216 $97,460 $0 $0
2021 $2,664 $81,280 $0 $0
2020 $2,598 $78,740 $0 $0
2019 $2,426 $73,500 $0 $0
2018 $2,426 $73,500 $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: 290793

Baldwin REALTORS®

APN: 66-05-21-2-000-129.009