$615,000
$650,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,016 SqFt
SOLD DATE : 03/24/2023
Key Details
Sold Price $615,000
Property Type Single Family Home
Sub Type Raised Beach
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $305
Subdivision Surfside Shores
MLS Listing ID 337857
Sold Date 03/24/23
Style Raised Beach
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Fees $16/ann
Year Built 1980
Annual Tax Amount $1,788
Lot Size 0.465 Acres
Lot Dimensions 101.2 x 200
Property Description
PRICE DROP!!! CURRENT January 2023 written Appraisal at $715,000! INSTANT EQUITY! CASH BUYER needed and must close by 3/24/23. Seller has a Reverse 1031 tax deferred exchange in place and needs closing by March 24 for capital gains reasons. DEEDED community BEACH ACCESS and separate GRANDFATHERED GUEST QUARTERS. Sleeps 12 in beds and that's not counting a sleeper sofa. If your idea of a beach home is capturing an era of coastal life lived at a slower pace with more substance, you'll want to put this home on your list. Tucked behind the trees and dunes on a low flood risk lot of Zone X for lower insurance costs and NOT in the COBRA zone (according to a local insurance inquiry) this property offers one of the best insurance ratings & chance of lowest insurance costs in this area! A total of FOUR BEDROOMS each having its own private bathroom in TWO LIVING SPACES under one roof! TWO KITCHENS, TWO LIVING ROOMS, TWO Bedrooms up, and the other TWO bedrooms downstairs. Outside staircase only. Live in one and rent out the other! Built in 1980 as a 2 bedroom, 2 bath home with 1080 sf, the downstairs addition was City Permitted and completed in 2004 with approximately 936sf of bonus heated and cooled ground floor space with its separate entry. The combined sq footage is approximately 2016sf appraiser measured. Electrical outlets and light switches were updated in 2020, HVAC system replaced in 2020. Septic tank serviced in 2022. Rental income projection through Evolve is over $76K gross. GOLF CART GARAGE with storage space, METAL ROOF, loads of open deck space for sunning and socializing, and so many features you will want to explore. The optional community HOA fee is only $200 A YEAR and provides maintenance of the deeded beach access for all residents and their guests to enjoy. Baldwin EMC electric bills: Low of $85.26 to $293.80. Buyer to confirm all items of importance through due diligence.
Location
State AL
County Baldwin
Area Fort Morgan
Interior
Interior Features Bonus Room, Attached Sep Living Suite, Other Rooms (See Remarks), Ceiling Fan(s), En-Suite, Split Bedroom Plan
Heating Central
Cooling Central Electric (Cool), Window Unit(s)
Flooring Vinyl, Other Floors-See Remarks
Fireplace Yes
Appliance Dishwasher, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Electric Water Heater
Laundry Inside
Exterior
Exterior Feature Storage, Termite Contract
Parking Features Golf Cart Garage, None, Converted Garage
Community Features Water Access-Deeded
Waterfront Description Beach Accs (<=1/4 Mi),Deeded Access,Gulf Accs (<=1/4 Mi),Other-See Remarks,Tier 3
View Y/N Yes
View Southern View
Roof Type Metal
Garage No
Building
Lot Description Less than 1 acre, Rolling Slope, Few Trees
Foundation Pilings
Sewer Septic Tank
Architectural Style Raised Beach
New Construction No
Construction Status Resale
Schools
Elementary Schools Foley Elementary
Middle Schools Foley Middle
High Schools Foley High
Others
Pets Allowed More Than 2 Pets Allowed
HOA Fee Include Maintenance Grounds,Taxes-Common Area
Ownership Whole/Full
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Bought with eXp Realty Southern Branch
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