NOT LISTED FOR SALE

728 W Beach Blvd Unit 116 Gulf Shores, AL 36542

Estimated Value: $292,000 - $328,000

2 Beds
1 Bath
792 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $310,000 $391 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,149/month

87 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gulf View
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • Covered Patio or Porch

About This Home

As of November 2022

Beach view Condominium that overlooks the court yard and pools. This condo includes many remodeled updates and has been professionally decorated. Upscale furnishing's to include new Smart TV, new tan sectional couch with queen bed pullout, bathroom has a new granite luxury vanity, new quartz countertop, Stainless steel appliances, stackable washer and dryer, New LVP flooring in guest bedroom and living room. This condominium has new paint throughout to include new ceilings. You must see this gorgeous unit! Deeded Beach Access, Beautiful Lagoon Views, and Covered Parking. Private and public beach access a 2 minute walk at stop light with public restrooms and showers. This condominium is currently rented through Vacasa. In 2022, owner bookings were $4700 while Vacassa books were $15,000. Total booked in 2022 was $20,000.

Last Agent to Sell the Property

Kristy Bushaw

RE/MAX Paradise Listed on: 07/18/2022

RE/MAX Paradise

Last Buyer's Agent

Jonathan Lazzarino

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1980

Lot Details

  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 792 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

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

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-1-000-018.000916
  • $3,000 special tax assessment

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer, internet, pool
  • Lani Kai Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1980

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, Internet
  • Property Type: Residential Attached
  • Recurring Spec Asmt Amt: 3000
  • Recurring Special Assmt: Yes
  • Style: Condo
  • View: Indirect Gulf-Across Rd
  • Parcel Id Tax Id: 66-04-19-1-000-018.000916
  • Year Built: 1980
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: Unit 116 Lani Kai Village Condo Sec 9 T9s R4e (Wd/Survivorsh Ip)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 792
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 12 x 14, On Level: Main Level
  • Bedrooms: 2
  • Floors: Vinyl
  • Kitchen: Dimensions: 14 X 14, On Level: Main Level
  • Living Room: Dimensions: 14 x 20, On Level: Main Level
  • Master Bed: Dimensions: 12 x 14, On Level: Main Level
  • Price Per Sq Ft: 391.41
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 350
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Covered Entry, Landscaping, Pool - Outdoor
  • Condo Building Stories: 2
  • Condo Complex: Lani Kai

Schools

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

Lot Info

  • Lot Block Unit: 116
  • Lot Description: Less Than 1 Acre

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1,369.50
  • Assessor Parcel Number: 71608

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Wright Kyle and Wright Alicia
Bought by
Lani Kai 116 Llc
Current Estimated Value
$307,867

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 22, 2022
Sold by
Shores Richard F and Shores Chritina M
Bought by
Wright Kyle and Wright Alicia
Seller's Agent
Kristy Bushaw
RE/MAX Paradise
Buyer's Agent
Jonathan Lazzarino
eXp Realty Southern Branch
List Price
$380,000
Sold Price
$310,000
Premium/Discount to List
-$70,000
-18.42%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.24%
Original Mortgage
$263,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2018
Closed on
Jul 2, 2018
Sold by
Muehlbauer Sandra and Muehlbauer Michael
Bought by
Shores Christina M and Shores Richard E
Seller's Agent
Romney Shick
Beehive Real Property, LLC
Buyer's Agent
Kristy Bushaw
RE/MAX Paradise
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$138,750
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Lani Kai 116 Llc $310,000 None Listed On Document
Wright Kyle $310,000 None Listed On Document
Shores Christina M $46,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Kyle $263,500
Previous Owner Shores Christina M $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $310,000 -7.5% $391 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/18/2022 09/18/22 Price Changed $335,000 -4.0% $423 / Sq Ft
08/31/2022 08/31/22 Price Changed $349,000 -4.4% $441 / Sq Ft
07/29/2022 07/29/22 Price Changed $365,000 -3.9% $461 / Sq Ft
07/18/2022 07/18/22 For Sale $380,000 +105.4% $480 / Sq Ft
06/29/2018 06/29/18 Sold $185,000 -2.6% $234 / Sq Ft View Prior Sale
05/22/2018 05/22/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $189,900 -- $240 / 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 $2,002 $60,660 $0 $60,660
2023 $1,851 $56,080 $0 $56,080
2022 $1,647 $49,900 $0 $0
2021 $1,385 $41,500 $0 $0
2020 $1,364 $40,860 $0 $0
2019 $1,218 $36,440 $0 $0
2018 $531 $16,080 $0 $0
2017 $444 $13,460 $0 $0
2016 $432 $13,080 $0 $0
2015 $353 $10,700 $0 $0
2014 $353 $10,700 $0 $0
2013 -- $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 334006

Baldwin REALTORS®

APN: 66-04-19-1-000-018.000-916