NOT LISTED FOR SALE

513 E 2nd Ave Gulf Shores, AL 36542

Estimated Value: $524,000 - $649,000

3 Beds
3 Baths
1,800 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $270,000 $150 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,187/month

149 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Storage
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Tile Flooring

About This Home

As of August 2018

Don't miss your chance to have a classic beach house TWO BLOCKS back from the beach at an affordable (under $300,000) price. Adorable Gulf Shores beach cottage in a PERFECT location! Easy walk to all the action in the center of Gulf Shores, yet the 500 block of East 2nd Avenue is not a through street, so you have privacy, too. Huge open kitchen, living/dining area for maximum beach fun. 3 bedrooms and 3 private FULL baths. Immaculate deck and metal roof. Just 2 blocks from the beach in Gulf View subdivision. Subdivision has private beach access, so you will always be able to stroll to your special spot in the sun.

Last Agent to Sell the Property

Leigh Dillon McPherson

RE/MAX of Orange Beach Listed on: 02/24/2018

RE/MAX of Orange Beach

Last Buyer's Agent

Kathy Melson

Coastal Real Estate Center LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1974

Lot Details

  • 5,140

Parking

  • Carport

Home Design

  • Raised Foundation
  • Slab Foundation
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Dryer
  • Utility Room Outside
  • Tile Flooring
  • Gulf Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Outdoor Storage

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-056.000

Community Details

Overview

  • Gulf View Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings, Slab & Piers
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Porch-Open, Split Bedroom Plan, Storage-In, Storage-Out
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Indirect Gulf Side
  • Parcel Id Tax Id: 66-05-21-2-000-056.000
  • Year Built: 1974
  • Geo Subdivision: AL
  • Governing Municipality: Gulf Shores
  • Subdivsn Or Commnty: Gulf View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Refrigerator
  • Estimated Living Area: 1800
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 10 x 10, On Level: Main Level
  • Bedroom 3: Dimensions: 10 x 10, On Level: Main Level
  • Bedrooms: 3
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Fireplace: No Fireplace
  • Floors: Tile
  • Living Room: Dimensions: 18 x 20, On Level: Main Level
  • Master Bed: Dimensions: 10 x 10, On Level: Main Level
  • Other Rooms: Utility Room-Outside
  • Price Per Sq Ft: 150
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Double Carport

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Heat Pump
  • Utilities: Cable Tv, Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Community Amenities: Water Access-Deeded

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Description: Less Than 1 Acre

Tax Info

  • Property Taxes: 600
  • Assessor Parcel Number: 021600

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Aug 21, 2018
Sold by
Jeter Monty R and Jeter Shannon T
Bought by
Payne W Steven and The W Steven Payne Revocable T
Seller's Agent
Leigh Dillon McPherson
RE/MAX of Orange Beach
Buyer's Agent
Kathy Melson
Coastal Real Estate Center LLP
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Current Estimated Value
$590,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,657
Avg. Annual Appreciation
11.50%
Original Mortgage
$216,000
Outstanding Balance
$131,854
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$458,803

Purchase Details

Closed on
Mar 28, 2006
Sold by
Brown Kari R and Brown Danny W
Bought by
Jeter Shannon T and Jeter Monty R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,150
Interest Rate
6.23%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 10, 2005
Sold by
Brown Kari R and Brown Danny W
Bought by
Brown Kari R and Brown Danny W
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Payne W Steven $55,000 None Available
Jeter Shannon T -- None Available
Brown Kari R -- None Available
Jeter Shannon T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne W Steven $216,000
Previous Owner Jeter Shannon T $275,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $270,000 -8.5% $150 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $295,000 +2.1% $164 / Sq Ft
04/07/2018 04/07/18 For Sale $289,000 0.0% $161 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $289,000 -- $161 / 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 $1,140 $43,740 $18,720 $25,020
2023 $1,059 $40,680 $15,960 $24,720
2022 $774 $29,920 $0 $0
2021 $622 $24,260 $0 $0
2020 $602 $23,440 $0 $0
2019 $611 $23,780 $0 $0
2018 $681 $20,640 $0 $0
2017 $593 $17,960 $0 $0
2016 $532 $16,120 $0 $0
2015 -- $15,380 $0 $0
2014 -- $16,180 $0 $0
2013 -- $14,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Dillon McPherson

    Seller's Agent in 2018

    Leigh Dillon McPherson

    RE/MAX of Orange Beach

    (251) 609-9994

    28 in this area

    135 Total Sales

    Leigh Dillon McPherson
    Section Image
  • Kathy Melson

    Buyer's Agent in 2018

    Kathy Melson

    Coastal Real Estate Center LLP

    (251) 284-3730

    2 in this area

    7 Total Sales

    Kathy Melson
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 265965

Baldwin REALTORS®

APN: 66-05-21-2-000-056.000

Alabama Baldwin County Gulf Shores 36542

513 E 2nd Ave, Gulf Shores, AL

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