2 months on rocket

494 E 1st Ave, Gulf Shores, AL, 36542

$750,000

Home List Price

$8,906*

Closing Credit

4 Bedrooms
2 Full Baths
1,500 SqFt
$500/SqFt
House

Location

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494 E 1st Ave, Gulf Shores$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered
Year Built1980
HeatingCentral
CoolingCentral Air
MLS #650315
Lot Size0.12 Acres
StatusActive

About 494 E 1st Ave

Double the fun, double the INCOME! This classic duplex in east Gulf Shores is just a block from the beach - and an easy walk to all the beach attractions you love. Plenty of room to park beneath, laundry room for each side and sunny decks out front. Fresh kitchens and baths, tastefully furnished throughout. Primary bedroom at rear of each side, with access to back stairs. Double bunks in 2nd bedroom. Youll love starting and ending your days at the beach in this cozy cottage. Come see.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: RE/MAX OF ORANGE BEACH
  • Office Phone: (251) 981-2400
  • Listing Agent: Leigh Mcpherson

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gulf Shores High School, Public District Grades 9-12
  • Gulf Shores Middle School, Public District Grades 7-8
  • Gulf Shores Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Orange Beach: Continue west along Perdido Beach Blvd past the Gulf State Park & Pier. Take a right onto E Fourth Street; then the first left onto E First Ave. The house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $500/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,841
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

Med. Sold Price

$469.8K

Med. Price/SqFt

$314

Avg. Days On Market

29

# of Sold Homes

65

494 E 1st Ave vs Gulf Shores

78 DAYS ON ROCKET

+49 Days

$750,000

+$280.1K More

$500/SqFt

+$186 More

KEY TAKEAWAY

This property is $280.1K more than the Median Sold Price and $186/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #650315

Listing Office:

  • Office Name: RE/MAX OF ORANGE BEACH
  • Office Phone: (251) 981-2400
  • Listing Agent: Leigh Mcpherson

Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/25/2024, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 24, 2018Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,841$53,780
2019$648$19,660
2018 - $14,940
2017 - $14,460

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-140464
8
/10
  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 1.26 miles

  • Public District Grades PK-6

Middle School

school-card-donut-140465
10
/10
  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 1.24 miles

  • Public District Grades 7-8

High School

school-card-donut-140466
2
/10
  • Gulf Shores High School

  • 600 East 15th Ave

  • 1.21 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,000. The most common annual income of people living in Gulf Shores, AL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Gulf Shores, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Gulf Shores, AL.

Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.

What is it like to live in Gulf Shores, AL?

Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.

Is it easy to get around Gulf Shores, AL without a car?

The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.

Transportation in Gulf Shores, AL.

Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.

Frequently Asked Questions About 494 E 1st Ave

What is the listing price of this property?

The listing price of 494 E 1st Ave property is $750,000.

What type of property is this?

The property 494 E 1st Ave is a house located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 494 E 1st Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 494 E 1st Ave are:
Gulf Shores Elementary School: GreatSchools Rating 8/10
Gulf Shores Middle School: GreatSchools Rating 10/10
Gulf Shores High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,841 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 24, 2018 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 494 E 1st Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 494 E 1st Ave is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 494 E 1st Ave is 1980.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›494 E 1st Ave

This home is located at 494 E 1st Ave in Gulf Shores, AL and zip code 36542. This 1,500 square foot home, which was built in 1980, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $750,000.

In September 2024, from all listings sold in Gulf Shores, AL there were more than 2 sold above asking price, over 52 sold below and more than 7 were sold right at the asked price. Between August 2024 and September 2024, Gulf Shores, AL real estate market has seen increase in the number of listings by 9.4%. In September 2024 median list price was $469,880 and the average listing age was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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