NOT LISTED FOR SALE

Estimated Value: $840,000 - $912,000

3 Beds
2.5 Baths
1,892 Sq Ft
$465/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $600,000 $317 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,985/month

3 Days on Market

Highlights

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

About This Home

As of March 2021

A beautiful 3br 2 1/2ba raised beach cottage in Morgantown! This home sits on an elevated lot with Gulf Views. It is the builder's personal home and is less than a year old. Morgantown features a beach access, HOA owned beach lot, two pools, and tennis courts. $40-45K rental projection.

Last Agent to Sell the Property

Buddy McDaniel

McDaniel Realty Group Listed on: 01/20/2021

Last Buyer's Agent

John Ricks

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $346

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 71.8' x 124.4'
  • Corner Lot

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Raised Foundation
  • Metal Roof
  • Piling Construction
  • Hardboard

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Vinyl Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 68-09-30-0-002-060.064

Community Details

Overview

  • Association fees include management
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool
  • Children's Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$346

Year Built

Built in 2020

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings
  • Construction Status: Resale
  • Flood Zone: AE,0.2 PCT
  • Property Amenities: Ceiling Fan(s), Internet, Window Treatments, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Raised Beach
  • View: Indirect Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 68-09-30-0-002-060.064
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 1892
  • Balcony Size: 336ft
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 15x14, On Level: 2
  • Bedroom 3: Dimensions: 14x15, On Level: 2
  • Bedrooms: 3
  • Floors: Vinyl
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 22x14, On Level: Main Level
  • Living Room: Dimensions: 14x14, On Level: Main Level
  • Master Bed: Dimensions: 17x14, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Separate Shower, 1st Floor Master, Walk In Closet
  • Price Per Sq Ft: 317.12
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 138
  • Association Fees Include: Association Management
  • Community Amenities: Pool - Kiddie, Pool - Outdoor, Pets - Allowed, Tennis/Racquetball, Water Access-Deeded

Schools

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

Lot Info

  • Lot Block Unit: 33
  • Lot Description: Corner Lot, Water View, Elevation-High
  • Lot Size: 71.8' X 124.4'

Rental Info

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

Tax Info

  • Property Taxes: 346.08
  • Assessor Parcel Number: 283675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 2, 2021
Sold by
Frost Mark E and Frost Maria V
Bought by
Boland Corey Patrick and Boland Tara
Seller's Agent
Buddy McDaniel
McDaniel Realty Group
Buyer's Agent
John Ricks
RE/MAX of Gulf Shores
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$880,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,676
Avg. Annual Appreciation
8.60%
Original Mortgage
$435,000
Outstanding Balance
$389,947
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$490,729

Purchase Details

Closed on
Mar 29, 2019
Sold by
Morgantown Development Co Inc
Bought by
Frost Mark E and Frost Maria V

Purchase Details

Closed on
Apr 9, 2014
Sold by
Palmer Alfred W and Palmer Deloris M
Bought by
Byrd Hollis R and Byrd Betty E
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
Boland Corey Patrick $600,000 None Available
Frost Mark E $695,000 None Available
Byrd Hollis R $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boland Corey Patrick $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $600,000 +0.2% $317 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $599,000 -- $317 / 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 $2,302 $82,220 $24,900 $57,320
2023 $2,000 $71,420 $27,360 $44,060
2022 $1,591 $56,820 $0 $0
2021 $1,206 $29,380 $0 $0
2020 $346 $12,360 $0 $0
2019 $346 $12,360 $0 $0
2018 $277 $9,880 $0 $0
2017 $234 $8,360 $0 $0
2016 $219 $7,820 $0 $0
2015 $219 $7,820 $0 $0
2014 $148 $5,280 $0 $0
2013 -- $7,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 308443

Baldwin REALTORS®

APN: 68-09-30-0-002-060.064