692 Gulf Way Dr Gulf Shores, AL 36542
Fort Morgan Neighborhood
4
Beds
4
Baths
1,783
Sq Ft
0.46
Acres
Highlights
- Guest House
- In Ground Pool
- Furnished
- Water access To Gulf or Ocean
- Wood Flooring
- Handicap Accessible
About This Home
As of September 2022Stunning custom build home in Surfside Shores subdivision, just a short walk to private community beach access. This beautifully furnished home features 3 bedrooms 3 baths upstairs, granite countertops, stainless steel appliances, open living room/ dining room/ kitchen for entertainment. Downstairs apartment has a full kitchen, bathroom, living area/bedroom, perfect for a rental property or mother-in-law suite. This Property comes fully furnished, all TV'S and a gulf cart convey. Newly installed pool in the back yard, big workshop, elevator for accessibility and convenience. Projected gross rental income $40,000+ a year. Sugar Sand Beach, Pool, Public boat ramp close by... look no further!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $675
Year Built
- Built in 1995
Parking
- Garage
Home Design
- Raised Foundation
- Metal Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,783 Sq Ft Home
- 2-Story Property
- 1 Elevator
- Furnished
- Ceiling Fan
- Combination Dining and Living Room
- Fire and Smoke Detector
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 4 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Water access To Gulf or Ocean
- Outdoor Storage
Schools
- Gulf Shores Elementary School
- Gulf Shores High School
Utilities
- Central Heating and Cooling System
- Grinder Pump
Additional Features
- Handicap Accessible
- Lot Dimensions are 101x200
- Guest House
Community Details
- Surfside Shores Subdivision
Listing and Financial Details
- Assessor Parcel Number 68-09-29-0-000-026.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2022
Closed on
Sep 12, 2022
Sold by
Ford Reagan L and Ford Linda D
Bought by
Fogle Andrew V and Fogle Ishella L
Seller's Agent
Scott Mize
Roberts Brothers Inc. Gulf Coa
Buyer's Agent
Chasity Beard
Waters Edge Realty
List Price
$729,000
Sold Price
$729,000
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,922
Avg. Annual Appreciation
3.65%
Original Mortgage
$583,200
Outstanding Balance
$560,474
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$248,099
Purchase Details
Listed on
Oct 8, 2019
Closed on
Jan 15, 2020
Sold by
Dunn Ronald
Bought by
Ford Reagan L and Ford Linda D
Seller's Agent
Veslava Callihan
eXp Realty Southern Branch
Buyer's Agent
Brant Bengtson
Brett R/E Robinson Dev OB
List Price
$495,000
Sold Price
$495,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$396,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Apr 7, 2017
Closed on
Apr 7, 2017
Sold by
Lott Rhond L and Clawson Lanelle Lott
Bought by
Dunn Ronald
Seller's Agent
Kathryn Emerson
EXIT Realty Gulf Shores
Buyer's Agent
Kathryn Emerson
EXIT Realty Gulf Shores
List Price
$265,000
Sold Price
$265,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.20%
Purchase Details
Closed on
May 15, 2009
Sold by
Clawson Lanelle Lott and Lott Rhonda L
Bought by
Lott Rhonda L and Clawson Lanelle Lott
Purchase Details
Closed on
Aug 9, 2006
Sold by
Clawson Lanelle Lott
Bought by
Clawson Lanelle Lott and Lott Rhonda L
Similar Homes in Gulf Shores, AL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $729,000 | -- | |
| Warranty Deed | $495,000 | None Available | |
| Warranty Deed | $265,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,000 | Credit Line Revolving | |
| Open | $583,200 | New Conventional | |
| Previous Owner | $396,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2022 09/12/22 | Sold | $729,000 | 0.0% | $409 / Sq Ft |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- |
| 08/04/2022 08/04/22 | For Sale | $729,000 | +47.3% | $409 / Sq Ft |
| 01/17/2020 01/17/20 | Sold | $495,000 | 0.0% | $278 / Sq Ft |
| 12/19/2019 12/19/19 | Pending | -- | -- | -- |
| 10/08/2019 10/08/19 | For Sale | $495,000 | +86.8% | $278 / Sq Ft |
| 04/07/2017 04/07/17 | Sold | $265,000 | 0.0% | $141 / Sq Ft |
| 04/07/2017 04/07/17 | For Sale | $265,000 | -- | $141 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $4,316 | $154,140 | $35,000 | $119,140 |
| 2023 | $4,270 | $152,500 | $26,100 | $126,400 |
| 2022 | $1,239 | $58,500 | $0 | $0 |
| 2021 | $1,327 | $45,680 | $0 | $0 |
| 2020 | $927 | $34,720 | $0 | $0 |
| 2019 | $826 | $31,100 | $0 | $0 |
| 2018 | $675 | $25,720 | $0 | $0 |
| 2017 | $724 | $33,900 | $0 | $0 |
| 2016 | $739 | $33,300 | $0 | $0 |
| 2015 | -- | $28,600 | $0 | $0 |
| 2014 | -- | $27,540 | $0 | $0 |
| 2013 | -- | $22,680 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2022
Scott Mize
Roberts Brothers Inc. Gulf Coa
(251) 321-1165
2 in this area
17 Total Sales
-
Buyer's Agent in 2022
Chasity Beard
Waters Edge Realty
(205) 534-3962
1 in this area
34 Total Sales
-
Seller's Agent in 2020
Veslava Callihan
eXp Realty Southern Branch
(251) 923-8570
16 Total Sales
-
Buyer's Agent in 2020
Brant Bengtson
Brett R/E Robinson Dev OB
(251) 979-4523
1 in this area
56 Total Sales
-
Seller's Agent in 2017
Kathryn Emerson
EXIT Realty Gulf Shores
(251) 942-7170
2 in this area
6 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 290073
APN: 68-09-29-0-000-026.000
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