NOT LISTED FOR SALE

The Cove Condominiums 920 W Lagoon Ave Unit B103 Gulf Shores, AL 36542

Estimated Value: $225,000 - $279,000

1 Bed
1 Bath
500 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $255,000 $510 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,829/month

23 Days on Market

Highlights

  • Community Beach Access
  • Fishing Pier
  • In Ground Pool
  • Gulf Shores Elementary School Rated A-
  • Access To Lagoon or Estuary
  • Bay View

About This Home

As of July 2023

INVESTORS!!! Check out this 1bed/1bath condo located in a prime location with stunning views of Little Lagoon and pool from the balcony. This condo has been recently updated, kitchen boasts granite countertops and the bathroom has marble countertops, adding a touch of luxury to the space. The windows of this unit are hurricane impact windows. The bedroom is spacious with plenty of natural light. The living area is perfect for relaxing after a long day at the beach. This condo is perfect for investors looking for a passive income. Complex has boat ramp and fishing pier to Little Lagoon, outdoor pool, 1 assigned covered parking space, grill area. Next to Pier 33 grocery and a short walk to beach access, dining, and entertainment. Projected rental income is estimated around $30,000-$40,000 yearly. There is a final assessment of $1000 that is due in August.

Last Agent to Sell the Property

Angela Butcher

Coldwell Banker Coastal Realty Listed on: 06/15/2023

Coldwell Banker Coastal Realty

Last Buyer's Agent

Angela Butcher

Coldwell Banker Coastal Realty Listed on: 06/15/2023

Coldwell Banker Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $422

Year Built

  • Built in 1984

Lot Details

  • 10,498

HOA Fees

  • $281 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 500 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Access To Lagoon or Estuary

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-4-000-006.001903

Community Details

Overview

  • Association fees include management, common area maintenance
  • The Cove Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing Pier
  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$422

Year Built

Built in 1984

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: AE
  • Intersecting Street: W Beach Blvd
  • Property Amenities: Pool-Inground (Home)
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Indirect Bay Side
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-4-000-006.001903
  • Year Built: 1984
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: Unit B-103 The Cove Condo Lying In The City Of Gulf Shores S Ec 19-T9s-R4e (Wd)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 500
  • Bathrooms: 1
  • Bedrooms: 1
  • Floors: Vinyl
  • Kitchen: Dimensions: 10x10, On Level: Main Level
  • Living Dining: Dimensions: 11x15, On Level: Main Level
  • Master Bed: Dimensions: 9x14, On Level: Main Level
  • Price Per Sq Ft: 510
  • Property Interior Stories: 1
  • Unit Floor: 2

Exterior Features

  • 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: Single Carport

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Sewage-City Available, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 281
  • Association Fees Include: Association Management, Common Area Maintenance
  • Community Amenities: Bbq Area, Fishing Pier, Pool - Outdoor, Pets - Renters Allowed
  • Condo Building Stories: 3
  • Condo Complex: The Cove

Schools

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

Lot Info

  • Lot Block Unit: B-103

Rental Info

  • Furnished: Partially

Tax Info

  • Property Taxes: 422
  • Assessor Parcel Number: 55209

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 28, 2023
Sold by
Castle Margaret Ann
Bought by
Rlj Exceed Llc
Seller's Agent
Angela Butcher
Coldwell Banker Coastal Realty
Buyer's Agent
Angela Butcher
Coldwell Banker Coastal Realty
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Total Days on Market
23
Views
188
Current Estimated Value
$251,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,512
Avg. Annual Appreciation
-0.74%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 26, 2017
Sold by
Smith Mark David
Bought by
Castle Margaret Ann
Seller's Agent
Doug Grantham
REMAX OF ORANGE BEACH-CANAL BR
Buyer's Agent
Shelley Arant
RE/MAX of Gulf Shores
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
Feb 22, 2010
Sold by
Smith Rhonda Lee
Bought by
Smith Mark David
Source: Public Records

Similar Homes in Gulf Shores, AL

  • 433 Palmetto Ct, Gulf Shores, AL 36542

    $309,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 433 Palmetto Ct
    • Gulf Shores, AL

    Elegantly Renovated Home in Palmetto Woods – No HOA | Gulf Shores, AL Located in the well-established Palmetto Woods subdivision, this fully renovated 3-bedroom, 2-bathroom home combines quality craftsmanship with modern functionality—just 2.5 miles from the Gulf Shores beaches and free from HOA restrictions. Comprehensively updated in 2020, the property showcases high-end finishes throughout,

    Janet Cobb Bellator RE LLC Orange Beach

    Section Image
  • 408 E 21st Ave, Gulf Shores, AL 36542

    $304,000

    • 3 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 408 E 21st Ave
    • Gulf Shores, AL

    BOM due to no fault of the seller. Discover this beautifully maintained 3-bedroom, 2-bath home located in the heart of Gulf Shores! Featuring a new metal roof (2022), a spacious back deck perfect for entertaining (2024), and a brand-new water heater (2024), this home is move-in ready. Enjoy the modern touch of tile and LVP flooring throughout, and relax in the large backyard with plenty of space

    Kenneth Edenfield Wellhouse Real Estate LLC

    Section Image
  • 5785 Shady Woods Ct, Gulf Shores, AL 36542

    $299,000

    • 3 Beds
    • 2 Baths
    • 1,697 Sq Ft
    • 5785 Shady Woods Ct
    • Gulf Shores, AL

    This home offers 3 bedrooms, and 2 bathrooms, and is conveniently located right off county road 6 in Gulf Shores. This home has brand new luxury vinyl plank (LVP) flooring throughout, all walls have been primed and are ready for your personal touch, allowing you to choose the perfect paint colors to suit your style. Other features include a gas fireplace, two car garage, cabinets in laundry room,

    Kristie Wheeles Wheeles Realty

    Section Image
  • 6060 Trey Ln, Gulf Shores, AL 36542

    $298,000

    • 3 Beds
    • 2 Baths
    • 1,425 Sq Ft
    • 6060 Trey Ln
    • Gulf Shores, AL

    This beautifully updated home features fresh paint, new flooring, updated lighting, and new fixtures throughout. The roof and HVAC system were both replaced in 2017, providing peace of mind for years to come. Conveniently located close to the beach, shopping, and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today! Buyer to verify all

    Silvia Skultety Mobile Bay Real Estate, LLC

    Section Image
See All Homes in Gulf Shores

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rlj Exceed Llc $255,000 None Listed On Document
Castle Margaret Ann -- None Available
Smith Mark David $37,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $255,000 -1.5% $510 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $259,000 +125.2% $518 / Sq Ft
04/26/2017 04/26/17 Sold $115,000 0.0% $230 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $115,000 -- $230 / 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 $1,632 $49,460 $0 $49,460
2023 $551 $21,500 $0 $21,500
2022 $445 $17,500 $0 $0
2021 $417 $14,000 $0 $0
2020 $401 $13,500 $0 $0
2019 $351 $12,000 $0 $0
2018 $318 $11,000 $0 $0
2017 $289 $8,760 $0 $0
2016 $264 $8,000 $0 $0
2015 $248 $7,500 $0 $0
2014 $248 $7,500 $0 $0
2013 -- $6,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angela Butcher

    Seller's Agent in 2023

    Angela Butcher

    Coldwell Banker Coastal Realty

    (251) 654-9824

    24 Total Sales

    Angela Butcher
    Section Image
  • Doug Grantham

    Seller's Agent in 2017

    Doug Grantham

    RE/MAX

    (251) 747-5710

    149 Total Sales

    Doug Grantham
    Section Image
  • Shelley Arant

    Buyer's Agent in 2017

    Shelley Arant

    RE/MAX

    (251) 591-3923

    26 Total Sales

    Shelley Arant
    Section Image
See All Agents

About The Cove Condominiums

Map

Source: Baldwin REALTORS®

MLS Number: 347441

Baldwin REALTORS®

APN: 66-04-19-4-000-006.001-903

Alabama Baldwin County Gulf Shores 36542

920 W Lagoon Ave Unit B103, Gulf Shores, AL

This home is located at 920 W Lagoon Ave Unit B103, Gulf Shores, AL 36542 since 15 June 2023 and is currently estimated at $251,488, approximately $502 per square foot. This property was built in 1984. 920 W Lagoon Ave Unit B103 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.

Nearby Homes