NOT LISTED FOR SALE

5781 State Highway 180 Unit 5005 Gulf Shores, AL 36542

Fort Morgan Neighborhood

Estimated Value: $400,219 - $441,000

3 Beds
2 Baths
1,290 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $395,000 $306 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,136/month

116 Days on Market

Highlights

  • High Ceiling
  • Community Pool
  • Game Room
  • Screened Porch
  • Cottage
  • Community Gazebo

About This Home

As of December 2022

Newly completed 3BR, 2BA Cottage located in popular Rookery III and approx 1 mile to BEACH access. Builder's Warranty & 2-10 Home Warranty convey. Other Contemporary features include: LVP flooring throughout the Living Area, Bedrooms, and Bathrooms. Stainless matching Appliances, Granite Countertops, and Custom Backsplash accent the Kitchen; Custom Bunkbeds in one bedroom, and Shelves in the Pantry, Master Bath, and Laundry Closet. Your private Screened Porch will offer many hours of relaxation. Assigned parking space within steps of either entrance to the home. Rookery III community offers 2 Pools with a Cabana/Game Room connected to the main pool area. Investors will like the Rental Projections - approx. $40k a year.

Last Agent to Sell the Property

Tim Arant

RE/MAX of Gulf Shores Listed on: 06/29/2022

RE/MAX of Gulf Shores

Last Buyer's Agent

Rebecca Wilson

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 2022

Lot Details

  • Property is zoned Pud

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Hardboard

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Convection Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 69-07-25-0-000-002.000920
  • $2,460 special tax assessment

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, reserve funds, taxes-common area, trash, water/sewer
  • The Rookery Iii Community
  • Fort Morgan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Game Room

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

Year Built

Built in 2022

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Bunk Room, Ceiling Fan(s), Covered Patio, High Ceilings, Porch-Screened, Termite Contract
  • Property Type: Residential Detached
  • Recurring Spec Asmt Amt: 2460
  • Recurring Special Assmt: Yes
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Pud
  • Owners Association: Yes
  • Parcel Id Tax Id: 69-07-25-0-000-002.000920
  • Year Built: 2022
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: UNIT 5005 THE ROOKERY III CONDO SEC 25-T9S-R1E (ST WD)
  • Subdivsn Or Commnty: Fort Morgan
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Convection Oven, Icemaker, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 1290
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x13, On Level: Main Level
  • Bedroom 3: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 3
  • Floors: Vinyl
  • Kitchen: Dimensions: 12x13, On Level: Main Level
  • Living Room: Dimensions: 14x18, On Level: Main Level
  • Master Bed: Dimensions: 13x14, On Level: Main Level
  • Price Per Sq Ft: 306.2
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Tub/Shower Combo

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 550
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Game Room, Gazebo, Pool - Outdoor, Pets - Allowed
  • Condo Building Stories: 1
  • Condo Complex: The Rookery III

Schools

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

Lot Info

  • Lot Block Unit: 5005

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 80.34
  • Assessor Parcel Number: 306370

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Lostetter Vicki Lynn
Bought by
Braeburn Beach House Llc
Total Days on Market
116
Current Estimated Value
$426,305

Purchase Details

Listed on
Jun 29, 2022
Closed on
Nov 28, 2022
Sold by
Sullivan Steven Parker and Sullivan Tommie J
Bought by
Lostetter Vicki Lynn
Seller's Agent
Tim Arant
RE/MAX of Gulf Shores
Buyer's Agent
Rebecca Wilson
RE/MAX of Gulf Shores
List Price
$449,000
Sold Price
$395,000
Premium/Discount to List
-$54,000
-12.03%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$296,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2022
Sold by
Rookery Iii Llc
Bought by
Sullivan Steven Parker and Winfield Tommie J
Source: Public Records

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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
Braeburn Beach House Llc $395,000 None Listed On Document
Lostetter Vicki Lynn $395,000 Land Title
Sullivan Steven Parker $342 New Title Company Name
Rookery Iii Llc $320,500 Professional Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lostetter Vicki Lynn $296,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $395,000 -4.6% $306 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $414,000 -1.2% $321 / Sq Ft
08/19/2022 08/19/22 Price Changed $419,000 -2.3% $325 / Sq Ft
08/02/2022 08/02/22 Price Changed $429,000 -2.3% $333 / Sq Ft
07/08/2022 07/08/22 Price Changed $439,000 -2.2% $340 / Sq Ft
06/29/2022 06/29/22 For Sale $449,000 -- $348 / 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 $2,319 $82,820 $0 $82,820
2023 $2,023 $72,240 $0 $72,240
2022 $984 $35,140 $0 $0
2021 $80 $0 $0 $0
2020 $80 $2,860 $0 $0
2019 $80 $2,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Arant

    Seller's Agent in 2022

    Tim Arant

    RE/MAX

    (251) 604-8370

    3 in this area

    43 Total Sales

    Tim Arant
    Section Image
  • Rebecca Wilson

    Buyer's Agent in 2022

    Rebecca Wilson

    RE/MAX

    (251) 233-3139

    61 in this area

    201 Total Sales

    Rebecca Wilson
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 333200

Baldwin REALTORS®

APN: 69-07-25-0-000-002.000-920

Alabama Baldwin County Gulf Shores 36542 Fort Morgan

5781 State Highway 180 Unit 5005, Gulf Shores, AL

This home is located at 5781 State Highway 180 Unit 5005, Gulf Shores, AL 36542 since 29 June 2022 and is currently estimated at $426,305, approximately $330 per square foot. This property was built in 2022. 5781 State Highway 180 Unit 5005 is a home located in Baldwin County with nearby schools including Foley Elementary School, Foley Middle School, and Foley High School.

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