NOT LISTED FOR SALE

962 W Lagoon Ave Gulf Shores, AL 36542

Estimated Value: $497,000 - $694,035

4 Beds
2 Baths
2,080 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $420,000 $202 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,033/month

2 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Tile Flooring
  • 1-Story Property
  • Gulf Shores Elementary School Rated A-
  • Wood Siding

About This Home

As of March 2018

You'll live for the sunsets over Little Lagoon from either side of this raised beach duplex! Each side offers two bedrooms, one bathwith adorable kitchens and large living areas. Each unit has a full bed, bunk beds and a king sized bed in the master. Tons of parking and storage make this the perfect place to vacation, rent out or call home! Walk to the lagoon, the beach, shopping and lots of restaurants. You can't beat the location of this income-producing machine!

Last Agent to Sell the Property

Shannon Hesse Smart

South Coast Properties Listed on: 01/22/2018

Last Buyer's Agent

Shannon Hesse Smart

South Coast Properties Listed on: 01/22/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1978

Lot Details

  • Home fronts a lagoon or estuary

Home Design

  • Duplex
  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-2-000-001.000901 & 902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,174

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Construction Status: Resale
  • Property Type: Duplex
  • Named Waterfrnt: Yes
  • Parcel Id Tax Id: 66-04-19-2-000-001.000901 & 902
  • Structure Style: Raised Beach
  • Year Built: 1978
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range-Electric, Refrigerator
  • Estimated Living Area: 2080
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10 x 11, On Level: Main Level
  • Bedrooms: 4
  • Floors: Tile, Laminate
  • Kitchen: Dimensions: 9 x 14, On Level: Main Level
  • Master Bed: Dimensions: 12 x 14, On Level: Main Level
  • Price Per Sq Ft: 201.92
  • Property Interior Stories: 1

Exterior Features

  • Boat Facilities: Boat Dock
  • Body Of Water: Little Lagoon
  • Exterior Finish: Wood
  • Roof: Metal
  • Water Property Type: Lagoon Front - Building

Utilities

  • Utilities: Gulf Shores Utilities

Tax Info

  • Property Taxes: 1174.3
  • Assessor Parcel Number: 54845

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores
  • Middle School: Gulf Shores Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Myrick Martin and Olmsted Ryan
Bought by
Myrick & Olmsted Investments Llc
Current Estimated Value
$579,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,091,172
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$511,827

Purchase Details

Listed on
Nov 5, 2014
Closed on
May 19, 2015
Sold by
Wood Charles David and Wood Debra L
Bought by
Conaway Andrew Eugene and Conaway Debra
Seller's Agent
Debra Wood
Engel and Volkers Gulf Shores
Buyer's Agent
Cindy Young
Brett R/E Robinson Dev OB
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$292,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Myrick & Olmsted Investments Llc $210,700 None Listed On Document
Conaway Andrew Eugene $365,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myrick & Olmsted Investments Llc $1,200,000
Previous Owner Conaway Andrew Eugene $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2018 03/13/18 Sold $420,000 -3.4% $202 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $435,000 +194.9% $209 / Sq Ft
10/26/2016 10/26/16 Sold $147,500 0.0% $105 / Sq Ft View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $147,500 -59.6% $105 / Sq Ft
05/20/2015 05/20/15 Sold $365,000 0.0% $175 / Sq Ft View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $365,000 -- $175 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $28,000 $0 $0
2013 -- $41,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Hesse Smart

    Seller's Agent in 2018

    Shannon Hesse Smart

    South Coast Properties

    (205) 305-7200

    3 in this area

    182 Total Sales

    Shannon Hesse Smart
    Section Image
  • The Pro Team

    Seller's Agent in 2016

    The Pro Team

    Bonds Realty & Auction

    (251) 752-1219

    75 in this area

    217 Total Sales

    The Pro Team
    Section Image

  • D

    Seller's Agent in 2015

    Debra Wood

    Engel and Volkers Gulf Shores

    Section Image
  • Cindy Young

    Buyer's Agent in 2015

    Cindy Young

    Brett R/E Robinson Dev OB

    (251) 975-7064

    37 in this area

    109 Total Sales

    Cindy Young
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 264599

Baldwin REALTORS®

APN: 66-04-19-2-000-001.000

Alabama Baldwin County Gulf Shores 36542

962 W Lagoon Ave, Gulf Shores, AL

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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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