NOT LISTED FOR SALE

500 E 21st Ave Gulf Shores, AL 36542

Estimated Value: $69,078 - $254,000

0.17 Acre
$954,529 Price per Acre
7,405 Sq Ft Lot

Sale Details

Date Sold: August 15, 2023

Last sale price $69,583

Est. 133% increase in value since last sale

Current estimated payment $918 / mo

183 Days on Market

About This Lot

As of August 2023

Cleared building site and driveway culvert in place on this lot close to Meyer Park and four blocks south of the Intracoastal Waterway in town of Gulf Shores. Best lot buy on the island in Gulf Shores. Last lot available in the Gulf Pines neighborhood.

Last Agent to Sell the Property

Mark Martin

Blue Heron Realty Listed on: 01/16/2023

Property Details

Property Type

Land

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Land
  • Community Features: Other
  • Fencing: None
  • Horses: No
  • Lot Features: Corner Lot, Level
  • LotSizeAcres: 0.17
  • Lot Size: 50 x 149
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • View: Other
  • Has View?: Yes
  • Waterfront Features: None
  • Waterfront?: No
  • Co List Office Mls Id: GCMROBT02
  • Co List Office Phone: 251-928-2109
  • Subdivision Name: Gulf Pines
  • Parcel #: 6602093000020000
  • GCMLS2_MlsPropertyType: Res Developed Lots
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Topography: Level
  • Other Structures: None

Utilities

  • Utilities: Electricity Available

Schools

  • Elementary School: Gulf Shores
  • High School: Gulf Shores
  • Middle Or Junior School: Gulf Shores

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Zoning: RES1

Tax Info

  • Tax Annual Amount: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Aug 15, 2023
Sold by
Eagle Properties Llc
Bought by
Wheeler Derrick Z and Wheeler Selena L
Seller's Agent
Mark Martin
Blue Heron Realty
List Price
$75,000
Sold Price
$69,583
Premium/Discount to List
-$5,417
-7.22%
Current Estimated Value
$162,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,687
Avg. Annual Appreciation
37.98%
Original Mortgage
$55,666
Outstanding Balance
$50,673
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving
Estimated Equity
$111,597

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 2, 2020
Sold by
Schram Myra June and Schram Asa J
Bought by
Eagle Properties Llc
Seller's Agent
Jennifer Earp
EXIT Realty Gulf Shores
Buyer's Agent
Mark Martin
Blue Heron Realty
List Price
$59,500
Sold Price
$37,500
Premium/Discount to List
-$22,000
-36.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.90%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Harris Saddie W and Schram Myra June
Bought by
Schram Myra June and Schram Asa J
Source: Public Records
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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
Wheeler Derrick Z $69,583 Professional Land Title
Wheeler Derrick Z $69,588 Professional Land Title
Eagle Properties Llc -- Professional Land Title Inc
Eagle Properties Llc -- Professional Land Title Inc
Schram Myra June -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Derrick Z $55,666
Closed Wheeler Derrick Z $55,666
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $69,583 -7.2% --
07/18/2023 07/18/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $75,000 +100.0% --
11/02/2020 11/02/20 Sold $37,500 -24.8% -- View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $49,900 -16.1% --
08/17/2020 08/17/20 For Sale $59,500 -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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 $532 $16,120 $16,120 $0
2023 $442 $13,400 $13,400 $0
2022 $413 $12,500 $0 $0
2021 $333 $10,100 $0 $0
2020 $429 $13,000 $0 $0
2019 $429 $13,000 $0 $0
2018 $300 $9,100 $0 $0
2017 $300 $9,100 $0 $0
2016 $300 $9,100 $0 $0
2015 -- $6,500 $0 $0
2014 -- $6,500 $0 $0
2013 -- $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 7164037

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 66-02-09-3-000-020.000

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