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103 Blue Lagoon Drive

103 Blue Lagoon Drive, Gulf Shores, AL 36542
House in Baldwin
Sold Oct 14, 2019
$475,000
$328,000 by Everett Financial Inc
Mortgage Due Feb 01, 2036
Sold Jun 08, 2018
$110,000
$300,000 by West Alabama Bank & Trust
Mortgage
103 Blue Lagoon Drive has been categorized by the local assessors in Gulf Shores, AL as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 103 Blue Lagoon Drive has 130 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 565 ft. The area measurement of the land has been determined as 565 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable or hip style roof made of metal. The exterior walls of the building are made of a material which is produced from two or more constituent materials. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 103 Blue Lagoon Drive sold most recently in Oct 10, 2019 for a total of $475,000. If you work out the math, that's approximately a cost of $3,653.85 per sqft. Before that, the property was also sold for $110,000 in Jun 2, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,860 in taxes each year. 103 Blue Lagoon Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $116,980. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 565
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 565
  • Total Building Area: 130
  • Building Area: 130
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLUE LAGOON
  • Land Acres: 0.012
  • Standard Land Use Code: Residential (general) (single)
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 56.5 X 10 IRR LOT 2 BLUE LAGOON SLIDE 1516-B CITY OF GULFSHORES SEC 24-T9S-R3E (WD SURVIVORSHIP)

Ownership

  • Current Owner : PALMISANO JOSEPH A
  • Current Owner 2: PALMISANO JODIE LYNN
  • Previous Owner : HYCHEFAM LLC
  • Owner Before Previous Owner: MILLAZZO ANTHONY
  • Owner Before Previous Owner 2: MILLAZZO ELAINE
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Baldwin County School District
  • Census Tract: 011416

Geography

  • Account Number: 369597
  • Parcel: 67-06-24-3-001-055
  • Lot: 2
  • Municipality: GULF SHORES
  • Latitude: 30.2424
  • Longitude: -87.7334

    Address

  • Full Address: 103 Blue Lagoon Dr
  • Address - House Number: 103
  • Address - Street Name: Blue Lagoon
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Gulf Shores
  • Carrier Code: H018
  • 4-Digit Zip Code: 6137
  • Zip Code: 36542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,860
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 873,644
  • High Value: 1,099,915
  • Low Value: 647,374

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $584,900
  • Market Land Value: $175,000
  • Market Improvement Value: $409,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,980

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 14, 2019
  • Current Sale Transaction ID: 11662343089
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1789251
  • Previous Sale Recording Date: Jun 08, 2018
  • Previous Sale Contract Date: Jun 02, 2018
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BARR GROUP INC
  • First Mortgage Transaction Date: Oct 14, 2019
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: WEST ALABAMA BANK & TRUST
  • Previous Mortgage Transaction Date: Jun 08, 2018
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Gulf Shores



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Unit for rent at 1460 W Fairway Drive, Gulf Shores, AL, 36542

$2,500 /mo

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1460 W Fairway Drive, Gulf Shores, AL, 36542 Listing by Keli Robinson

Frequently Asked Questions

What neighborhood is 103 Blue Lagoon Drive located in?
The 103 Blue Lagoon Drive is a house located in the neighborhood of Baldwin in Gulf Shores, Gulf Shores.
What is the average sales price for listings in 103 Blue Lagoon Drive?
The average sales price for units in 103 Blue Lagoon Drive is $0 currently.

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