NOT LISTED FOR SALE

516 E 2nd Ave Gulf Shores, AL 36542

Estimated Value: $673,040 - $824,000

3 Beds
2 Baths
1,636 Sq Ft
$462/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $723,000 $442 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,262/month

340 Days on Market

Highlights

  • Community Beach Access
  • Gulf View
  • Covered Patio or Porch
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • Living Room

About This Home

As of May 2024

Experience the ultimate getaway in this exquisite beach house with a contemporary design. Nestled just blocks from the pristine white sand beaches, and conveniently situated near the Gulf State Park, Lake Shelby, and a plethora of renowned local restaurants, this home allows you to experience true coastal living in Gulf Shores, AL! With a capacity to accommodate up to 10 guests, this property is ideal for a rental investment or a place for you to call home. The interior is stunning and features thoughtful details such as beautiful modern furnishings and decor, shiplap accent walls, floating shelves in the kitchen, custom fans, and custom bathroom vanities. When you’re not enjoying the amenities indoors, you can step out on either of the private balconies and take in the Gulf Coast sunsets or enjoy a cozy evening gathered around the backyard firepit. Other desirable features of this home are the ample space underneath to park vehicles and the convenience of being able to rinse off in your outdoor shower after a day at the beach. The property is being sold fully furnished, ensuring a seamless transition into your beachside paradise.

Last Agent to Sell the Property

The Dusty Cole Team

RE/MAX on the Coast Listed on: 06/09/2023

Last Buyer's Agent

Millie Schlautman

EXIT Realty Lyon & Assoc.Fhope

EXIT Realty Lyon & Assoc.Fhope

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,514

Year Built

  • Built in 2018

Lot Details

  • 6,142

Parking

  • Garage

Property Views

  • Gulf
  • Lake

Home Design

  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Living Room
  • Utility Room
  • Tile Flooring
  • Termite Clearance

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Schools

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

Additional Features

  • Lot Dimensions are 51.2 x 120
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-2-000-010.000

Community Details

Overview

  • Gulf View Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,514

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab & Piers
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Covered Patio, Outdoor Shower, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Indirect Lake Side, Northern View, Southern View, Indirect Gulf-Across Rd
  • Parcel Id Tax Id: 66-05-21-2-000-010.000
  • Year Built: 2018
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Subdivsn Or Commnty: Gulf View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 1636
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10.5x13.5, On Level: Main Level
  • Bedroom 3: Dimensions: 10.5x13.5, On Level: Main Level
  • Bedrooms: 3
  • Floors: Tile
  • Kitchen: Dimensions: 11x19, On Level: Main Level
  • Living Room: Dimensions: 14x25.5, On Level: Main Level
  • Master Bed: Dimensions: 15x15, On Level: Main Level
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 441.93
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Shower Only

Exterior Features

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

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 8
  • Lot Description: Less Than 1 Acre
  • Lot Size: 51.2 X 120

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 3513.84
  • Assessor Parcel Number: 025418

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
May 13, 2024
Sold by
Hughes Skye
Bought by
Celestial Horizons Llc
Seller's Agent
The Dusty Cole Team
RE/MAX on the Coast
Buyer's Agent
Millie Schlautman
EXIT Realty Lyon & Assoc.Fhope
List Price
$999,000
Sold Price
$723,000
Premium/Discount to List
-$276,000
-27.63%
Views
303
Current Estimated Value
$755,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,760
Avg. Annual Appreciation
3.10%

Purchase Details

Listed on
Sep 1, 2016
Closed on
Apr 17, 2018
Sold by
Ledlow Susan Elizabeth
Bought by
Hughes Skye
Seller's Agent
Cloud Farrow
RE/MAX Paradise
Buyer's Agent
The Dusty Cole Team
RE/MAX on the Coast
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.47%

Purchase Details

Listed on
Sep 1, 2016
Closed on
Feb 23, 2018
Sold by
Ledlow Hollis R and Ledlow Patricia P
Bought by
Hughes Skye
Seller's Agent
Cloud Farrow
RE/MAX Paradise
Buyer's Agent
The Dusty Cole Team
RE/MAX on the Coast
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Celestial Horizons Llc $723,000 None Listed On Document
Hughes Skye -- None Available
Hughes Skye $70,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $723,000 -6.7% $442 / Sq Ft
02/10/2024 02/10/24 Price Changed $775,000 -6.1% $474 / Sq Ft
10/28/2023 10/28/23 Price Changed $825,000 -2.9% $504 / Sq Ft
08/11/2023 08/11/23 Price Changed $850,000 -5.5% $520 / Sq Ft
07/19/2023 07/19/23 Price Changed $899,000 -5.4% $550 / Sq Ft
07/06/2023 07/06/23 Price Changed $950,000 -5.0% $581 / Sq Ft
06/09/2023 06/09/23 Price Changed $1,000,000 +0.1% $611 / Sq Ft
06/09/2023 06/09/23 For Sale $999,000 +1327.1% $611 / Sq Ft
02/23/2018 02/23/18 Sold $70,000 0.0% -- View Prior Sale
01/17/2018 01/17/18 Pending -- -- --
09/28/2017 09/28/17 Price Changed $70,000 -12.5% --
09/01/2016 09/01/16 For Sale $80,000 -- --
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 $3,668 $111,160 $37,440 $73,720
2023 $3,514 $106,480 $31,920 $74,560
2022 $2,578 $78,120 $0 $0
2021 $2,198 $65,380 $0 $0
2020 $2,132 $62,720 $0 $0
2019 $1,498 $43,380 $0 $0
2018 $471 $14,260 $0 $0
2017 $439 $13,300 $0 $0
2016 $365 $11,060 $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

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Map

Source: Baldwin REALTORS®

MLS Number: 347143

Baldwin REALTORS®

APN: 66-05-21-2-000-010.000