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341 Cotton Bay Lane

341 Cotton Bay Lane, Gulf Shores, AL 36542
Property in Baldwin
Sold Mar 22, 2005
Transfer
$96,112 by Countrywide Home Loans Inc
Mortgage Due Apr 01, 2035
Local assessors in Gulf Shores, AL have categorized 341 Cotton Bay Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 6,240 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 520 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 341 Cotton Bay Lane has a total of 1,560 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of shingle (not wood). Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,394 in taxes each year. 341 Cotton Bay Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,240. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Poor
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,240
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTON BAY SUB PHASE 2
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 52 X 120 LOT 93 COTTON BAY SUB PHASE 2 SLIDE 2096-E IN THECITY OF GULF SHORES SEC 4-T9S-R4E (WD)

Ownership

  • Current Owner : SMITH RONALD L
  • Current Owner 2: SMITH DENISE
  • Previous Owner : ADAMS HOMES LLC
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Baldwin County School District
  • Census Tract: 011413

Geography

  • Account Number: 208610
  • Parcel: 66-02-04-2-001-002.041
  • Lot: 93
  • Municipality: GULF SHORES
  • Latitude: 30.2949
  • Longitude: -87.675

    Address

  • Full Address: 341 Cotton Bay Ln
  • Address - House Number: 341
  • Address - Street Name: Cotton Bay
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Gulf Shores
  • Carrier Code: H008
  • 4-Digit Zip Code: 2783
  • Zip Code: 36542

Valuation

    Tax

  • Total Area: 1,832
  • Tax Year: 2022
  • Tax Amount: $1,394
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 314,552
  • High Value: 396,020
  • Low Value: 233,084

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $152,812
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $96,112
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035
  • Second Open Lien Mortgage Lender: DITECH FINANCIAL LLC
  • Second Open Lien Mortgage Recording Date: Aug 09, 2018
  • Second Open Lien Mortgage Loan Amount: $56,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $211,200
  • Market Land Value: $42,600
  • Market Improvement Value: $168,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,240

    Sales

  • Current Sale Contract Date: Mar 11, 2005
  • Current Sale Recording Date: Mar 22, 2005
  • Current Sale Transaction ID: 1000065153
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 878273

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Mar 22, 2005
  • First Mortgage Loan Amount: $96,112
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gulf Shores



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Nearby Rentals

Unit for rent at 6859 Crimson Lane, Gulf Shores, AL, 36542

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
6859 Crimson Lane, Gulf Shores, AL, 36542 Listing by Living My Best Life Realty LTR

Frequently Asked Questions

What neighborhood is 341 Cotton Bay Lane located in?
The 341 Cotton Bay Lane is a located in the neighborhood of Baldwin in Gulf Shores, Gulf Shores.
What is the average sales price for listings in 341 Cotton Bay Lane?
The average sales price for units in 341 Cotton Bay Lane is $0 currently.

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