Seller's Agent in 2021
Chris Vail
RE/MAX of Orange Beach
(251) 550-5052
8 in this area
40 Total Sales
487 E 1st Ave Unit 9 Gulf Shores, AL 36542
Estimated Value: $690,000 - $829,000
2
Beds
3
Baths
1,358
Sq Ft
$550/Sq Ft
Est. Value
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 October 2021Welcome to The Cottages of Little Romeo, this is cottage #9 or "PIER PRESSURE". It is a 2 bedroom 3 full bath gold fortified construction(keeps insurance is low). Pier Pressure has $46,000 on the books so far in 2021, with 3.5 months remaining, it is a RENTAL MACHINE! Good ROI as cost of ownership is low as well. Located just 1 mile East of Hwy 59 and the beach road intersection, it is close to everything, and a short walk to the Hangout Festival, Shrimp Festival etc... in Gulf Shores. This very modern open floor plan is very roomy and appointed nicely. Master bedroom has a king size bed and the second bedroom is equipped with two queen size beds to help accomodate larger groups. 2 bed 2 bath upstairs and main living area, kitchen and a full bath downstairs. Both baths feature granite counter tops with double vanities. This won't last producing these numbers so schedule your showing today!
Last Buyer's Agent
Chey Garrigan
Great Southern Real Estate License #70854-1
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,369
Year Built
- Built in 2017
Lot Details
- Landscaped
- Level Lot
HOA Fees
- $325 Monthly HOA Fees
Home Design
- Cottage
- Slab Foundation
- Metal Roof
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 1,358 Sq Ft Home
- 1.5-Story Property
- High Ceiling
- Ceiling Fan
- Combination Dining and Living Room
- Tile Flooring
- Gulf Views
- Fire and Smoke Detector
- Stacked Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 3 Full Bathrooms
Parking
- Attached Garage
- Carport
Eco-Friendly Details
- FORTIFIED Gold
Outdoor Features
- Outdoor Shower
- Deeded Waterfront Access Rights
- Water access To Gulf or Ocean
- Covered Patio or Porch
- Outdoor Storage
Utilities
- Central Air
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 66-05-21-2-000-129.003
Community Details
Overview
- $500 Additional Association Fee
- Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, reserve funds, taxes-common area, trash, internet, pool
Amenities
- Community Wi-Fi
Recreation
- Community Beach Access
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2021
Closed on
Oct 27, 2021
Sold by
Reddell Maurice W and Vail Chris L
Bought by
Frizzell Misty Dawn and Frizzell Justin Jon
Seller's Agent
Chris Vail
RE/MAX of Orange Beach
Buyer's Agent
Chey Garrigan
Great Southern Real Estate
List Price
$525,000
Sold Price
$615,000
Premium/Discount to List
$90,000
17.14%
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
$98,853
Avg. Annual Appreciation
4.98%
Original Mortgage
$548,250
Outstanding Balance
$501,604
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$245,403
Purchase Details
Listed on
Sep 13, 2021
Closed on
Sep 1, 2021
Sold by
Bam Holdings Llc
Bought by
Vail Chris L and Reddell Maurice W
Seller's Agent
Chris Vail
RE/MAX of Orange Beach
Buyer's Agent
Chey Garrigan
Great Southern Real Estate
List Price
$525,000
Sold Price
$615,000
Premium/Discount to List
$90,000
17.14%
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
$501,604
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$245,403
Purchase Details
Listed on
Apr 30, 2020
Closed on
Jul 15, 2020
Sold by
Mcguire Michael Lynn
Bought by
Bam Holdings Llc
Seller's Agent
Vicki Lynn
Vicki Lynn Real Estate
Buyer's Agent
Chris Vail
RE/MAX of Orange Beach
List Price
$425,000
Sold Price
$425,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%
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
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frizzell Misty Dawn | $615,000 | None Available | |
| Vail Chris L | $525,000 | None Available | |
| Bam Holdings Llc | $425,000 | None Available | |
| Mcguire Michael Lynn | $400,000 | None Available | |
| Seiler John | $359,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frizzell Misty Dawn | $548,250 | |
| Previous Owner | Bam Holdings Llc | $361,250 | |
| Previous Owner | Mcguire Michael Lynn | $280,000 | |
| Previous Owner | Seiler John | $287,840 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $615,000 | +17.1% | $453 / Sq Ft | |
| 10/02/2021 10/02/21 | Pending | -- | -- | -- | |
| 09/13/2021 09/13/21 | For Sale | $525,000 | 0.0% | $387 / Sq Ft | |
| 09/01/2021 09/01/21 | Sold | $525,000 | 0.0% | $387 / Sq Ft | View Prior Sale |
| 04/29/2021 04/29/21 | For Sale | $525,000 | +23.5% | $387 / Sq Ft | |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- | |
| 07/17/2020 07/17/20 | Sold | $425,000 | 0.0% | $313 / Sq Ft | View Prior Sale |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- | |
| 04/30/2020 04/30/20 | For Sale | $425,000 | -- | $313 / 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 | $4,522 | $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
-
Chris Vail
-
C
Buyer's Agent in 2021
Chey Garrigan
Great Southern Real Estate
-
Vicki Lynn
Seller's Agent in 2020
Vicki Lynn
Vicki Lynn Real Estate
(251) 752-7571
42 in this area
116 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 320087
APN: 66-05-21-2-000-129.003
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