NOT LISTED FOR SALE

6970 Summerset Dr Gulf Shores, AL 36542

Estimated Value: $355,000 - $369,000

4 Beds
2 Baths
1,800 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $175,500 $98 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,007/month

543 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Area or Nook
  • Tile Flooring
  • Gulf Shores Elementary School Rated A-
  • Attached Garage
  • Central Heating and Cooling System

About This Home

As of August 2016

Great 4 bedroom floor plan with a large living room and plenty of space in the common areas. Fenced in back yard with a covered patio. Currently a long-term rental home, the tenants have been in the home since 2009. Fantastic subdivision, very close to the newly proposed Gulf Shores High School and Education complex. Convenient to Foley shopping and Gulf Shores Beaches

Last Agent to Sell the Property

Frank / Bob Malone Team

Bellator Real Estate & Dev Gulf Shores Listed on: 01/21/2015

Last Buyer's Agent

The Stradley Team

Bellator RE LLC Orange Beach

Bellator RE LLC Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 2007

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Electric Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Additional Features

  • Lot Dimensions are 60x135.9
  • Central Heating and Cooling System

Community Details

  • Osprey Landing Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Intersecting Street: County Road 8
  • Property Amenities: Automatic Garage Door
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Traditional
  • Zoning Area: Single Family Residence
  • Year Built: 2007
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Osprey Landing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric
  • Estimated Living Area: 1800
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10x12, On Level: Main Level
  • Bedroom 3: Dimensions: 10x12, On Level: Main Level
  • Bedroom 4: Dimensions: 11x13, On Level: Main Level
  • Bedrooms: 4
  • Breakfast Room: Dimensions: 12x15, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Lvg/Dng Combo
  • Fireplace: Electric
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 12x15, On Level: Main Level
  • Living Room: Dimensions: 14x18, On Level: Main Level
  • Master Bed: Dimensions: 16x15, On Level: Main Level
  • Price Per Sq Ft: 97.5
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Association Fees: 17

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: Lot 23
  • Lot Size: 60x135.9

Tax Info

  • Property Taxes: 1233
  • Assessor Parcel Number: 292971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Aug 15, 2016
Sold by
Co5 Properties Llc
Bought by
Larenas Nunez Daniel I and Salinas Cartes Jezabelt L
Seller's Agent
Frank / Bob Malone Team
Bellator Real Estate & Dev Gulf Shores
Buyer's Agent
The Stradley Team
Bellator RE LLC Orange Beach
List Price
$175,500
Sold Price
$175,500
Current Estimated Value
$362,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,783
Avg. Annual Appreciation
8.25%
Original Mortgage
$172,320
Outstanding Balance
$137,580
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$224,703

Purchase Details

Listed on
Jan 21, 2015
Closed on
Aug 2, 2016
Sold by
Bancorpsouth Bank
Bought by
Co5 Properties Llc
Seller's Agent
Frank / Bob Malone Team
Bellator Real Estate & Dev Gulf Shores
Buyer's Agent
The Stradley Team
Bellator RE LLC Orange Beach
List Price
$175,500
Sold Price
$175,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,320
Outstanding Balance
$137,580
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$224,703

Purchase Details

Closed on
Dec 6, 2012
Sold by
Equifunding Inc
Bought by
Bancorp South

Purchase Details

Closed on
Mar 26, 2007
Sold by
T & K Custom Homes Inc
Bought by
Southern Real Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,750
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2006
Sold by
Walther Developers Llc
Bought by
T & K Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.33%
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
Larenas Nunez Daniel I $175,500 None Available
Co5 Properties Llc $500 None Available
Bancorp South -- None Available
Southern Real Property Llc -- Barr Group Title
T & K Custom Homes Inc -- Bgg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larenas Nunez Daniel I $172,320
Closed Co5 Properties Llc $5,265
Previous Owner Southern Real Property Llc $230,750
Previous Owner T & K Custom Homes Inc $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $175,500 0.0% $98 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
01/21/2015 01/21/15 For Sale $175,500 -- $98 / 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 $1,034 $32,700 $6,040 $26,660
2023 $946 $30,040 $4,460 $25,580
2022 $813 $26,000 $0 $0
2021 $738 $23,260 $0 $0
2020 $703 $22,680 $0 $0
2019 $709 $22,840 $0 $0
2018 $671 $21,700 $0 $0
2017 $639 $20,720 $0 $0
2016 $1,267 $37,980 $0 $0
2015 -- $36,660 $0 $0
2014 -- $36,420 $0 $0
2013 -- $32,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 221111

Baldwin REALTORS®

APN: 61-08-28-1-001-002.157