NOT LISTED FOR SALE

23940 Cottage Loop Orange Beach, AL 36561

Estimated Value: $421,000 - $495,000

3 Beds
2.5 Baths
1,820 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $397,500 $218 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,610/month

114 Days on Market

Highlights

  • FORTIFIED Gold
  • Wood Flooring
  • Community Pool
  • Clubhouse
  • Great Room
  • Cottage

About This Home

As of March 2022

Coastal living is easy in Orange Beach, Alabama! Enjoy the shade cast from your very own palm tree in this Cypress Village two-story cottage's front lawn. Cypress Village is ideally located just off of Canal Road close to beaches, parks, and the Wharf. Inside this beautifully appointed GOLD FORTIFIED home, open living and ample amounts of natural light fill the space. On the first floor, the spacious entry way opens to a coastal white kitchen with granite counters and upgraded stainless steel appliances. The kitchen overlooks a generously sized dining area and bright living room all on the comfort of seamless engineered hardwood floors. Upstairs, a full bath, the laundry room, and two generously sized bedrooms are situated at the rear of the home. In the front, a spacious main suite with a private balcony is the perfect retreat to enjoy the warm coastal breezes. The main bathroom has double vanities and an upgraded tile shower. This like-new home has it all. Cypress Village is more than a community, it is a lifestyle! Load up the golf cart and discover what life is when you call Cottage Loop home! Buyer or buyer's agent to verify all pertinent information.

Last Agent to Sell the Property

Nathan Hughes

JPAR Gulf Coast - Orange Beach Listed on: 11/15/2021

JPAR Gulf Coast - Orange Beach

Last Buyer's Agent

The Chuck Norwood Team

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 40x120
  • Level Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Cottage
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Additional Features

  • FORTIFIED Gold
  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 05-66-01-01-1-001-001.133

Community Details

Overview

  • Association fees include management, clubhouse, pool
  • Cypress Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$882

Year Built

Built in 2020

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Fortified-Gold
  • Construction Status: Resale
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Covered Patio, En-Suite, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Cottage
  • Owners Association: Yes
  • Parcel Id Tax Id: 05-66-01-01-1-001-001.133
  • Year Built: 2020
  • Geo Subdivision: AL
  • Living Room Group: Great Room
  • Subdivsn Or Commnty: Cypress Village
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric
  • Estimated Living Area: 1820
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12.5x11.5, On Level: 2
  • Bedroom 3: Dimensions: 12.5x12.5, On Level: 2
  • Bedrooms: 3
  • Floors: Carpet, Tile, Wood
  • Great Room: Dimensions: 15x15, On Level: Main Level
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12x11.5, On Level: Main Level
  • Master Bed: Dimensions: 14x15.5, On Level: 2
  • Price Per Sq Ft: 218.41
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Balcony/Patio

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Single Garage

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fees: 375
  • Association Fees Include: Association Management, Clubhouse, Pool
  • Community Amenities: Club House, Pool - Outdoor

Fee Information

  • Transfer Fees: Yes

Lot Info

  • Lot Description: Level
  • Lot Size: 40x120

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 882
  • Assessor Parcel Number: 373540

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach
  • Middle School: Orange Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 25, 2022
Sold by
Joe Hill Billy
Bought by
Hart Joseph Andrew
Seller's Agent
Nathan Hughes
JPAR Gulf Coast - Orange Beach
Buyer's Agent
The Chuck Norwood Team
RE/MAX of Gulf Shores
List Price
$409,900
Sold Price
$397,500
Premium/Discount to List
-$12,400
-3.03%
Current Estimated Value
$454,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,943
Avg. Annual Appreciation
3.80%
Original Mortgage
$377,625
Outstanding Balance
$354,753
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$99,690

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 25, 2022
Sold by
Inc-Birmingham D R Horton
Bought by
Edwards Joe Nathan and Edwards Edith Renee
Seller's Agent
Nathan Hughes
JPAR Gulf Coast - Orange Beach
Buyer's Agent
The Chuck Norwood Team
RE/MAX of Gulf Shores
List Price
$409,900
Sold Price
$397,500
Premium/Discount to List
-$12,400
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,625
Outstanding Balance
$354,753
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$99,690
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hart Joseph Andrew $397,500 Pipkin & Associates Llc
Edwards Joe Nathan $402,015 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Joseph Andrew $377,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $397,500 -1.2% $218 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
01/08/2022 01/08/22 Price Changed $402,500 -0.6% $221 / Sq Ft
12/30/2021 12/30/21 Price Changed $404,900 -0.2% $222 / Sq Ft
12/02/2021 12/02/21 Price Changed $405,900 -1.0% $223 / Sq Ft
11/15/2021 11/15/21 For Sale $409,900 -- $225 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,276 $41,780 $7,280 $34,500
2023 $1,155 $38,000 $6,480 $31,520
2022 $1,018 $31,820 $0 $0
2021 $888 $27,520 $0 $0
2020 $374 $11,700 $0 $0
2019 $262 $8,200 $0 $0
2018 $201 $6,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 322875

Baldwin REALTORS®

APN: 66-01-01-1-001-001.133