2 months on rocket

501 Cotton Creek Ests Unit 506, Gulf Shores, AL, 36542

$254,000

Home List Price

$3,016*

Closing Credit

2 Bedrooms
2 Full Baths
1,040 SqFt
$244/SqFt
Condo
Schools Nearby

Location

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501 Cotton Creek Ests Unit 506, Gulf Shores$254,000

Buyer Closing Credits

$3,016*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Single Garage, Parking Lot, Automatic Garage Door
Attached GarageYes
Year Built1998
HeatingElectric, Central
MLS #357825
Lot Size0.05 Acres
StatusActive

About 501 Cotton Creek Ests Unit 506

Delightful 2 bedroom/2 bath “townhouse” type condo located in a quiet neighborhood just seven minutes from the beach and directly across the street from the Craft Farms Golf Course. This is a perfect location only one mile from Pelican Place shopping center. The complex is minutes away from a variety of enjoyable local dining facilities, entertainment experiences, and student sports fields. The amenities in this complex are exceptionally nice. They include a very large oval pool surrounded by plenty of room for lounging and chatting. Owners enjoy their own exercise room which includes a sauna. The under cover patio area provides tables and chairs for social events and fun filled hours in the hot tub. This unit has a private tiled courtyard entrance and private concrete back patio as well. HOA dues include exterior insurance, trash, termite bond, weekly lawn care service, and basic cable. The owner/seller is related to the listing agent. The Cotton Creek HOA has had no assessments after Sally and is very well managed by the residents and it's members. The proper reserves are in place. VA & FHA financing are allowed. Unit will be sold partially furnished.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: eXp Realty Southern Branch
  • Office Phone: (251) 550-5467
  • Listing Agent: Michele Bennett

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Refrigerator, Ice Maker, Washer, Cooktop
  • Flooring Type: Tile, Laminate
  • Interior: Ceiling Fan(s), En-Suite, Sauna/Steam Shower, Split Bedroom Plan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Porch Front, None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Single Garage, Parking Lot, Automatic Garage Door

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Electric, Central

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 HWY 59 go east on County Road 4 approximately one mile. Cotton Creek Estates is on the right. Turn in to the right continue around to the right. Building #5 is half way down.

Price Information

Listing Price Info

Price Summary:

  • List Price: $254,000
  • Price Per SqFt: $244/SqFt

HOA Fees:

  • Amount: $365
  • Frequency: Monthly
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Housing Market Comparison

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

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Gulf Shores, AL

City

Med. Sold Price

$445K

Med. Price/SqFt

$313

# of Sold Homes

110

501 Cotton Creek Ests Unit 506 vs Gulf Shores

72 DAYS ON ROCKET

$254,000

-$191K Less

$244/SqFt

-$69 Less

KEY TAKEAWAY

This property is $191K less than the Median Sold Price and $69/SqFt less than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #357825

Listing Office:

  • Office Name: eXp Realty Southern Branch
  • Office Phone: (251) 550-5467
  • Listing Agent: Michele Bennett

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,700

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$828

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-2378670
8
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 2.03 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2378671
10
/10

  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 2.04 miles

  • Public District Grades 7-8

High School

school-card-donut-2378672
2
/10

  • Gulf Shores High School

  • 600 East 15th Ave

  • 2.01 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,795. The majority of Gulf Shores, AL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Cotton Creek Ests Unit 506

What is the listing price of this property?

The listing price of 501 Cotton Creek Ests Unit 506 property is $254,000.

What type of property is this?

The property 501 Cotton Creek Ests Unit 506 is a condo located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 501 Cotton Creek Ests Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Cotton Creek Ests Unit 506 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

How many bedrooms and bathrooms does this property have?

The property at 501 Cotton Creek Ests Unit 506 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 Cotton Creek Ests Unit 506 is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Cotton Creek Ests Unit 506 is 1998.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›501 Cotton Creek Ests Unit 506

This home is located at 501 Cotton Creek Ests Unit 506 in Gulf Shores, AL and zip code 36542. This 1,040 square foot home, which was built in 1998, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $254,000.

While more than 3 listings in Gulf Shores, AL in March 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 75 were sold below. In March 2024 in Gulf Shores, AL there were 14.7% more homes for sale than in February 2024.

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

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