NOT LISTED FOR SALE

Estimated Value: $992,567 - $1,209,000

4 Beds
3 Baths
2,004 Sq Ft
$543/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $865,000 $432 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,499/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gulf View
  • Tennis Courts
  • Community Beach Access
  • Community Pool
  • Front Porch

About This Home

As of January 2022

You won't want to miss this absolutely stunning raised beach house in beautiful Morgantown in Gulf Shores down Ft. Morgan Rd. This 4 bedroom, 3 bathroom home was built in 2019 and features granite in the kitchen and master bathroom, open floor plan, two bedrooms and a full bath down stairs with the master and master bath along with another large guest room with private bath and office/game room upstairs. Decks on both levels allow for beautiful views and a back deck on main level is perfect for grilling. Close to one of Morgantown's 2 outdoor swimming pools, there is also a kiddie pool, lighted tennis courts and several beach access boardwalks. The neighborhood boasts strong rental numbers, but this home has never been rented! Make it your own!

Last Agent to Sell the Property

Donald Parker

Waters Edge Realty Listed on: 12/03/2021

Last Buyer's Agent

Jonathan Lazzarino

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 2020

Lot Details

  • 2,614

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Metal Roof
  • Hardboard

Interior Spaces

  • 2,004 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage
  • Vinyl Flooring
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Front Porch

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 68-09-30-0-002-060.037

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, recreational facilities, reserve funds, taxes-common area, pool

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool
  • Children's Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,613

Year Built

Built in 2020

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Ceiling Fan(s), Porch-Open, Storage-In, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Indirect Gulf Side
  • Parcel Id Tax Id: 68-09-30-0-002-060.037
  • Year Built: 2020
  • Geo Subdivision: AL
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 2004
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedroom 4: Dimensions: 15x11, On Level: 2
  • Bedrooms: 4
  • Floors: Vinyl
  • Kitchen: Dimensions: 9x13, On Level: Main Level
  • Living Room: Dimensions: 20x15, On Level: Main Level
  • Master Bed: Dimensions: 19x14, On Level: 2
  • Primary Bedroom Bathroom: Double Vanity, Garden Tub, Separate Shower
  • Price Per Sq Ft: 431.64
  • Property Interior Stories: 2
  • Rec Room Level: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 138
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Taxes-Common Area, Pool
  • Community Amenities: Pool - Kiddie, Pool - Outdoor, Tennis/Racquetball

Schools

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

Lot Info

  • Lot Block Unit: 53
  • Lot Description: Less Than 1 Acre
  • Lot Size: irr

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1613.36
  • Assessor Parcel Number: 272415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 18, 2022
Sold by
Moore Cameron G and Childress Jennifer M
Bought by
Lauka David and Lauka Jill
Seller's Agent
Donald Parker
Waters Edge Realty
Buyer's Agent
Jonathan Lazzarino
eXp Realty Southern Branch
List Price
$890,000
Sold Price
$865,000
Premium/Discount to List
-$25,000
-2.81%
Current Estimated Value
$1,089,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,142
Avg. Annual Appreciation
5.34%
Original Mortgage
$762,000
Outstanding Balance
$710,828
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$334,442

Purchase Details

Closed on
Dec 11, 2018
Sold by
Moore Cameron G
Bought by
Moore Cameron G and Childress Jennifer M

Purchase Details

Closed on
Dec 12, 2012
Sold by
Sweetwood Steven
Bought by
Moore Cameron G

Purchase Details

Closed on
May 24, 2010
Sold by
Branch Banking & Trust
Bought by
Sweetwood Steven

Purchase Details

Closed on
Jul 23, 2007
Sold by
Deaton James C
Bought by
Colonial Bank

Purchase Details

Closed on
May 23, 2005
Sold by
Morgantown Development Co Inc
Bought by
Deaton James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,100
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lauka David $865,000 Stewart Title Guaranty Company
Moore Cameron G $9,500 None Available
Moore Cameron G $17,000 Slt
Sweetwood Steven -- None Available
Colonial Bank $200,795 None Available
Deaton James C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauka David $762,000
Previous Owner Moore Cameron G $300,000
Previous Owner Deaton James C $225,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $865,000 -2.8% $432 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $890,000 -- $444 / 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 $5,678 $202,800 $49,780 $153,020
2023 $4,858 $173,500 $54,720 $118,780
2022 $2,065 $73,760 $0 $0
2021 $1,613 $57,580 $0 $0
2020 $666 $47,600 $0 $0
2019 $346 $12,360 $0 $0
2018 $106 $3,800 $0 $0
2017 $128 $4,560 $0 $0
2016 $115 $4,100 $0 $0
2015 $115 $4,100 $0 $0
2014 -- $4,100 $0 $0
2013 -- $5,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 323473

Baldwin REALTORS®

APN: 68-09-30-0-002-060.037