NOT LISTED FOR SALE

7040 Raintree Ln Gulf Shores, AL 36542

Estimated Value: $296,000 - $357,000

3 Beds
2 Baths
1,776 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $200,000 $113 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,778/month

134 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Patio
  • Gulf Shores Elementary School Rated A-
  • Cottage
  • Garden Bath

About This Home

As of January 2020

Priced to sell in popular Raintree subdivision!!! Mature trees, fenced in yard, nice screened in patio, gutters and FRESHLY painted on the inside. This is a 3 bedroom 2 bath house PLUS an office!! This is a quiet neighborhood located on CR 8 and is convenient to everything. High and dry lot in a Flood zone X so flood insurance is not required.

Last Agent to Sell the Property

Aileen Fountain

eXp Realty Southern Branch Listed on: 07/14/2019

eXp Realty Southern Branch

Last Buyer's Agent

Donna Cook

Baldwin County Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 2004

Lot Details

  • 8,102

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Screened Porch
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • Raintree Place Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 61-05-21-3-001-004.006

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Fenced, Patio, Porch-Screened, Storage-Out
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-05-21-3-001-004.006
  • Year Built: 2004
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Raintree Place
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator W/Ice Maker
  • Estimated Living Area: 1776
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x12, On Level: Main Level
  • Bedroom 3: Dimensions: 11.5x12, On Level: Main Level
  • Bedrooms: 3
  • Fireplace: Woodburning
  • Floors: Carpet, Tile, Wood
  • Kitchen: Dimensions: 12x9, On Level: Main Level
  • Living Room: Dimensions: 14x9.5, On Level: Main Level
  • Master Bed: Dimensions: 13.5x13, On Level: Main Level
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 112.61
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower

Exterior Features

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

Garage/Parking

  • Garage Parking: Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 175

Schools

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

Lot Info

  • Lot Block Unit: 1
  • Lot Description: Less Than 1 Acre

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 548.18
  • Assessor Parcel Number: 264411

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2019
Closed on
Jan 7, 2020
Sold by
Shanahan Richard Edward and Hilyard Laurie Shanahan
Bought by
Fernandez Marlena Elizabeth and Fernandez Cliff
Seller's Agent
Aileen Fountain
eXp Realty Southern Branch
Buyer's Agent
Donna Cook
Baldwin County Properties, Inc
List Price
$228,900
Sold Price
$200,000
Premium/Discount to List
-$28,900
-12.63%
Current Estimated Value
$319,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,507
Avg. Annual Appreciation
8.52%
Original Mortgage
$202,020
Outstanding Balance
$178,493
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$141,014

Purchase Details

Closed on
Dec 23, 2014
Sold by
Shanahan Janice Lynn
Bought by
Shanahan Richard Edward and Shanahan Hilyard Laurie Jean

Purchase Details

Closed on
Feb 3, 2011
Sold by
Fannie Mae
Bought by
Shanahan Janice Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Shannon Stephen A and Shannon Shirley P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2005
Sold by
Beach N Bay Inc
Bought by
Shannon Stephen A and Shannon Shirley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
1.25%
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
Fernandez Marlena Elizabeth $200,000 None Available
Shanahan Richard Edward $138,000 None Available
Shanahan Janice Lynn $119,000 None Available
Federal National Mortgage Association $213,326 None Available
Shannon Stephen A -- Attorneys Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Marlena Elizabeth $202,020
Previous Owner Shanahan Janice Lynn $95,000
Previous Owner Shannon Stephen A $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $200,000 -4.7% $113 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
09/07/2019 09/07/19 Price Changed $209,900 -6.7% $118 / Sq Ft
08/01/2019 08/01/19 Price Changed $224,900 -1.7% $127 / Sq Ft
07/14/2019 07/14/19 For Sale $228,900 -- $129 / 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 $826 $26,400 $5,300 $21,100
2023 $808 $25,860 $5,580 $20,280
2022 $669 $21,640 $0 $0
2021 $566 $18,100 $0 $0
2020 $585 $17,740 $0 $0
2019 $611 $18,520 $0 $0
2018 $543 $16,460 $0 $0
2017 $513 $15,540 $0 $0
2016 $496 $15,020 $0 $0
2015 $479 $14,520 $0 $0
2014 $456 $13,820 $0 $0
2013 -- $12,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aileen Fountain

    Seller's Agent in 2020

    Aileen Fountain

    eXp Realty Southern Branch

    (251) 377-5232

    44 in this area

    129 Total Sales

    Aileen Fountain
    Section Image

  • D

    Buyer's Agent in 2020

    Donna Cook

    Baldwin County Properties, Inc

    (251) 510-8885

    51 Total Sales

    Donna Cook
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 286390

Baldwin REALTORS®

APN: 61-05-21-3-001-004.006

Alabama Baldwin County Gulf Shores 36535

7040 Raintree Ln, Gulf Shores, AL

This home is located at 7040 Raintree Ln, Gulf Shores, AL 36542 since 14 July 2019 and is currently estimated at $319,507, approximately $179 per square foot. This property was built in 2004. 7040 Raintree Ln is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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