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  • $390,000

    331 E 1st Ave #201, Gulf Shores, AL 36542

    2beds
    1,013sqft
    Condominium
    Built in 1987
    -- sqft lot
    $355,000 Zestimate®
    $385/sqft
    $1,810 Estimated rent

    Home value

    $355,000

    $330,000 - $380,000

    $1,810/mo

    Zestimate® history
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    $2,416/mo

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    What's special

    Updated furnitureGranite countertops throughoutNewly paintedLvp flooring throughout
    INVESTMENT OPPORTUNITY!! Just 3 blocks from the Hangout!! Conveniently located in walking distance to many shops and restaurants! Ocean Echo, 2 bedroom 2 bath unit has been recently remodeled and upgraded. Granite countertops throughout, LVP flooring throughout, newly painted and updated furniture. This is a turnkey unit that is centrally located and only steps from the white sandy beaches of Gulf Shores. The property has brought in 28k for rentals for months Jan-Aug. Owner does not rent Oct-Jan for personal/work use. Call to schedule your private tour and make this beautiful and spacious unit yours! Currently self managed through Airbnb.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Limbaugh PHONE:251-949-2100,

    Elite By The Beach, LLC

    Bought with:

    Shannon Higginbotham, 140131

    NextHome Sunset Realty

    Source: Baldwin Realtors,MLS#: 343915MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Appliances
    • Included: Microwave, Dishwasher, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,013 sqft

    Property

    Parking
    • Parking features: Condo Covered Parking
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Southern View
    • Waterfront features: No Waterfront
    Lot
    • Features: Elevation High
    Details
    • Parcel number: 6604201000135.000904

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1987

    Utilities & green energy

    • Utilities for property: Baldwin EMC

    Community & HOA

    Community
    • Subdivision: Ocean Echo
    HOA
    • Has HOA: Yes
    • Services included: Pool, Trash, Cable TV, Pest Control, Water Sewer, Reserve Fund, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
    • HOA fee: $650 monthly
    • HOA phone: 985-665-0676
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $385/sqft
    • Tax assessed value: $349,500
    • Annual tax amount: $4,629
    • Date on market: 4/2/2023
    • Ownership type: Condominium

    Price history

    DateEventPrice
    10/6/2023Sold$390,000-2.5%$385/sqft
    Source: Baldwin Realtors #343915 Report a problem
    7/31/2023Price change$399,900-5.9%$395/sqft
    Source: Baldwin Realtors #343915 Report a problem
    7/9/2023Price change$425,000-3.2%$420/sqft
    Source: Baldwin Realtors #343915 Report a problem
    4/2/2023Listed for sale$439,000-0.2%$433/sqft
    Source: Baldwin Realtors #343915 Report a problem
    3/2/2023Listing removed--
    Source: Baldwin Realtors #338201 Report a problem
    12/13/2022Price change$440,000-2.7%$434/sqft
    Source: Baldwin Realtors #338201 Report a problem
    10/29/2022Listed for sale$452,000$446/sqft
    Source: Baldwin Realtors #338201 Report a problem
    10/26/2022Listing removed--
    Source: Baldwin Realtors #334372 Report a problem
    10/7/2022Price change$452,000-3.2%$446/sqft
    Source: Baldwin Realtors #334372 Report a problem
    7/27/2022Listed for sale$467,000+23.7%$461/sqft
    Source: Baldwin Realtors #334372 Report a problem
    3/11/2022Sold$377,500-5.4%$373/sqft
    Source: Baldwin Realtors #323353 Report a problem
    2/13/2022Pending sale$399,000$394/sqft
    Source: Baldwin Realtors #323353 Report a problem
    12/1/2021Listed for sale$399,000+219.2%$394/sqft
    Source: Baldwin Realtors #323353 Report a problem
    12/8/2014Sold$125,000$123/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,629 +99.3%$69,900
    2024$2,323 +3.7%$69,900 +3%
    2023$2,240 $67,880 +34%
    2022-- $50,660 +31.6%
    2021$1,271 +15.2%$38,500 +15.2%
    2020$1,103 +9.9%$33,420 +9.9%
    2019$1,003 $30,400
    2018$1,003 +7.2%$30,400 +7.2%
    2017$936 -2.1%$28,360 +16.6%
    2016$956 +16.2%$24,320 +128.6%
    2015$822 +145.8%$10,640 +4.9%
    2014$335 $10,140
    2013$335 $10,140 +11.2%
    2011-- $9,120
    2010-- $9,120 -13.1%
    2009$347 -33.1%$10,500 -33.1%
    2008$518 -44.6%$15,700 -44.6%
    2007$936 +277.1%$28,360 +277.1%
    2006$248 +117.3%$7,520 +117.3%
    2005$114 -76.9%$3,460 -76.9%
    2004$495 $15,000
    2003$495 +0.4%$15,000 +0.4%
    2002$493 +1.5%$14,940
    2001$486 $14,940
    2000$486 $14,940
    Find assessor info on the county website

    Neighborhood: 36542

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Shores Elementary
    • High: Gulf Shores High

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $355,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $355,000