NOT LISTED FOR SALE

489 E 2nd Ave Gulf Shores, AL 36542

Estimated Value: $822,000 - $1,210,000

4 Beds
5 Baths
-- Sq Ft
0.25 Acres

Last Sold January 06, 2017

Last sale price $67,000

Est. 1,391% increase in value since last sale

Current estimated payment $5,800/month

21 Days on Market

About This Home

As of January 2017

Just 2 blocks north of Beach in shadow of Lighthouse Condominium. Walking distance to beach, festivals, & shopping. Desirable BT2 Zoning. Water and Sewer tap to convey. Adjacent Lot (PPIN# 020292) also listed and available. See MLS # 247063

Last Agent to Sell the Property

Beach Buys Team

Kaiser Sotheby's Int-OB Listed on: 11/30/2016

Last Buyer's Agent

Amy Norris

Bellator RE LLC Orange Beach

Bellator RE LLC Orange Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $408

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50.3 x 100

Additional Features

  • Water access To Gulf or Ocean
  • Mineral Rights

Community Details

  • Gulf View Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$408

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Intersecting Street: Hwy 59
  • Mineral Rights: All Rights Reserved
  • Property Type: Multi-Family
  • Zoning Area: Single Family Residence, 2+ Family Residence, Within Corp Limits
  • Lot Type: Lot
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Gulf View
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 268000

Exterior Features

  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi)
  • Road Description: City Street
  • Road Frontage: 50.3

Utilities

  • Utilities: Sewage-City, Water-City

Lot Info

  • Estimated Lot Size: 0.25
  • Lot Block Unit: 15/2 Gulf View
  • Lot Size: 50.3 x 100
  • Number Lots: 1

Tax Info

  • Property Taxes: 407.88
  • Assessor Parcel Number: 034204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Schlautman Stephen
Bought by
Mks Design
Current Estimated Value
$999,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$278,481
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$720,528

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 5, 2017
Sold by
Johnson Arthur and Johnson Christy
Bought by
Schlautman Stephen
Seller's Agent
Beach Buys Team
Kaiser Sotheby's Int-OB
Buyer's Agent
Amy Norris
Bellator RE LLC Orange Beach
List Price
$67,000
Sold Price
$67,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.89%

Purchase Details

Listed on
May 12, 2014
Closed on
Jun 11, 2014
Sold by
A & D Management Associates Inc
Bought by
Johnson Arthur and Johnson Christy
Seller's Agent
Sylvia Hinson
EXIT Realty Gulf Shores
Buyer's Agent
Non Member
Non Member Office
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Dec 28, 2006
Sold by
Hood Frank R and Hood Linda C
Bought by
A & D Management Associates Inc

Purchase Details

Closed on
Apr 7, 2005
Sold by
Poe Susan
Bought by
Hood Frank R and Hood Linda C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mks Design -- None Available
Schlautman Stephen $67,000 None Available
Johnson Arthur $55,000 Slt
A & D Management Associates Inc -- None Available
Hood Frank R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mks Design $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2017 01/06/17 Sold $67,000 0.0% --
12/21/2016 12/21/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $67,000 +21.8% --
06/13/2014 06/13/14 Sold $55,000 0.0% -- View Prior Sale
05/14/2014 05/14/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $55,000 -- --
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 $6,852 $207,640 $37,440 $170,200
2023 $6,841 $204,080 $31,920 $172,160
2022 $4,928 $149,340 $0 $0
2021 $4,160 $125,900 $0 $0
2020 $3,544 $107,380 $0 $0
2019 $1,490 $45,140 $0 $0
2018 $471 $14,260 $0 $0
2017 $439 $13,300 $0 $0
2016 $408 $12,360 $0 $0
2015 -- $12,360 $0 $0
2014 -- $12,360 $0 $0
2013 -- $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Beach Buys Team

    Kaiser Sotheby's Int-OB

  • Amy Norris

    Buyer's Agent in 2017

    Amy Norris

    Bellator RE LLC Orange Beach

    (251) 609-2919

    27 in this area

    93 Total Sales

    Amy Norris
    Section Image
  • Sylvia Hinson

    Seller's Agent in 2014

    Sylvia Hinson

    EXIT Realty Gulf Shores

    (251) 709-9525

    10 in this area

    27 Total Sales

    Sylvia Hinson
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    Non Member Office

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 247062

Baldwin REALTORS®

APN: 66-05-21-2-000-051.000

Alabama Baldwin County Gulf Shores 36542

489 E 2nd Ave, Gulf Shores, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes