NOT LISTED FOR SALE

The Cove Condominiums 920 W Lagoon Ave Unit B-204 Gulf Shores, AL 36542

Estimated Value: $246,000 - $257,000

2 Beds
2 Baths
750 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $245,000 $327 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,894/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Gulf View
  • Gulf Shores Elementary School Rated A-
  • Fishing Pier
  • Furnished

About This Home

As of April 2021

Looking for a vacation rental investment under $250k? This is IT! Great rental with lagoon views JUST across the street from the Gulf. You are close enough to still hear the waves crashing from the balcony at night! B-204 features new paint and luxury vinyl plank flooring with coastal colors and decor. HVAC replaced in 2018. Not all Cove units have a second bathroom - this one does! Loft bedroom has it's own bathroom upstairs. Great rental income! No Sally damage and no assessment. HOA dues include all utilities except electric. The Cove amenities include a large pool and new large lounging deck, lagoon access, fishing pier, boat ramp, and BBQ area. All information is deemed reliable but should be verified by buyer and buyer's agent.

Last Agent to Sell the Property

Alison Foote

Farmstead Real Estate and Deve Listed on: 02/25/2021

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1984

Lot Details

  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stacked Washer and Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Parking Lot
  • Deeded Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lagoon or Estuary

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-4-000-006.001910

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, recreational facilities, taxes-common area, trash, water/sewer, internet, pool
  • The Cove Community

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1984

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab & Piers
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Cable, Internet
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd, Indirect Lagoon-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-4-000-006.001910
  • Year Built: 1984
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stack Washer/Dryer, Cooktop
  • Estimated Living Area: 750
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14x9, On Level: 2
  • Bedrooms: 2
  • Kitchen: Dimensions: 11x10.5, On Level: Main Level
  • Living Room: Dimensions: 13x10.5, On Level: Main Level
  • Master Bed: Dimensions: 12.5x8.5, On Level: Main Level
  • Price Per Sq Ft: 326.67
  • Property Interior Stories: 2
  • Unit Floor: 2

Exterior Features

  • Boat Facilities: Boat Ramp
  • Body Of Water: Little Lagoon
  • Exterior Finish: Wood
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Condo: Assigned Parking, Condo: Covered Parking, Condo: Deeded Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 375
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Fishing Pier, Gazebo, Internet, Landscaping, Pool - Outdoor, Pets - Owners Only, Water Access-Deeded
  • Condo Building Stories: 2
  • Condo Complex: The Cove

Schools

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

Lot Info

  • Lot Block Unit: B204
  • Lot Description: Water View

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 990.00
  • Assessor Parcel Number: 73542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Truist Bank
Bought by
Truist Bank
Current Estimated Value
$250,285

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 12, 2021
Sold by
Gossan Jeffrey
Bought by
Olson Rachel and Olson Kennan Christopher
Seller's Agent
Alison Foote
Farmstead Real Estate and Deve
Buyer's Agent
Non Member
Non Member Office
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$220,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Ford Glenn L and Durham Charles F
Bought by
Gossan Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2008
Sold by
Ford Alan F
Bought by
Durham Charles F and Ford Glenn L
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
Truist Bank $177,700 None Listed On Document
Olson Rachel $245,000 None Listed On Document
Gossan Jeffrey $15,000 None Available
Durham Charles F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Rachel $220,500
Previous Owner Gossan Jeffrey $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $245,000 0.0% $327 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $245,000 -- $327 / 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 $1,980 $60,000 $0 $60,000
2023 $1,980 $60,000 $0 $60,000
2022 $1,510 $45,760 $0 $0
2021 $1,179 $35,260 $0 $0
2020 $1,124 $33,600 $0 $0
2019 $1,005 $30,000 $0 $0
2018 $931 $27,760 $0 $0
2017 $409 $12,380 $0 $0
2016 $359 $10,880 $0 $0
2015 $297 $9,000 $0 $0
2014 $297 $9,000 $0 $0
2013 -- $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alison Foote

    Seller's Agent in 2021

    Alison Foote

    Farmstead Real Estate and Deve

    (251) 504-9223

    82 Total Sales

    Alison Foote
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member Office

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About The Cove Condominiums

Map

Source: Baldwin REALTORS®

MLS Number: 310023

Baldwin REALTORS®

APN: 66-04-19-4-000-006.001-910

Alabama Baldwin County Gulf Shores 36542

920 W Lagoon Ave Unit B-204, Gulf Shores, AL

This home is located at 920 W Lagoon Ave Unit B-204, Gulf Shores, AL 36542 since 25 February 2021 and is currently estimated at $250,285, approximately $333 per square foot. This property was built in 1984. 920 W Lagoon Ave Unit B-204 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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