NOT LISTED FOR SALE

23950 Cottage Loop Orange Beach, AL 36561

Estimated Value: $416,000 - $495,000

3 Beds
2.5 Baths
1,820 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $375,000 $206 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,754/month

43 Days on Market

Highlights

  • FORTIFIED Gold
  • Community Pool
  • Covered Patio or Porch
  • Wood Flooring
  • Cottage
  • Attached Garage

About This Home

As of January 2022

Gold fortified home in the desirable Cypress Village Subdivision! This beautiful home is almost brand new and features granite counter tops, hardwood floors, gas range for cooking, beautiful upgraded painted cabinets with soft close features, and covered porches. The Primary Bedroom even has a private balcony! Cypress Village offers a community pool with sliding board and lazy river. Located next to The Wharf, it's convenient to great restaurants and retail shopping, the Foley Beach Express, and just minutes to the white sandy beaches of Orange Beach.

Last Agent to Sell the Property

Patrick Nelson

Brett R/E Robinson Dev OB Listed on: 10/18/2021

Last Buyer's Agent

Amber Gillespie

Bellator RE LLC Orange Beach

Bellator RE LLC Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 73x37
  • Landscaped
  • Level Lot

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Dimensional Roof
  • Concrete Fiber Board Siding

Interior Spaces

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

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 66-01-01-1-001-001.138

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, recreational facilities, taxes-common area, trash

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$612

Year Built

Built in 2019

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab, Fortified-Gold
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Covered Patio, Irrigation Sprinkler, Patio
  • Property Type: Residential Detached
  • Style: Cottage
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-01-01-1-001-001.138
  • Year Built: 2019
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Gas
  • Estimated Living Area: 1820
  • Balcony Size: 10x7
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11.5 x 12.5, On Level: 2
  • Bedroom 3: Dimensions: 12.5 x 12.5, On Level: 2
  • Bedrooms: 3
  • Dining Area: Dimensions: 9 x 9.5, On Level: Main Level
  • Floors: Carpet, Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12 x 11.5, On Level: Main Level
  • Living Room: Dimensions: 15 x 15, On Level: Main Level
  • Master Bed: Dimensions: 14 x 15.5, On Level: 2
  • Primary Bedroom Bathroom: Double Vanity, Shower Only, Balcony/Patio
  • Price Per Sq Ft: 206.04
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Dimensional
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Single Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 116
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Taxes-Common Area, Trash
  • Community Amenities: Bbq Area, Landscaping, Pool - Outdoor

Lot Info

  • Lot Block Unit: 22
  • Lot Description: Level
  • Lot Size: 73x37

Rental Info

  • Incm Producing Potential: Yes
  • Rental Restricted: Yes

Tax Info

  • Property Taxes: 612.48
  • Assessor Parcel Number: 373545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jan 4, 2022
Sold by
Nix Davis
Bought by
Gillespie James C and Gillespie Amber L
Seller's Agent
Patrick Nelson
Brett R/E Robinson Dev OB
Buyer's Agent
Amber Gillespie
Bellator RE LLC Orange Beach
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$461,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,891
Avg. Annual Appreciation
4.60%
Original Mortgage
$337,500
Outstanding Balance
$311,089
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$138,458

Purchase Details

Listed on
Jun 13, 2019
Closed on
Feb 7, 2020
Sold by
D R Horton Inc
Bought by
Nix Davis
Seller's Agent
Shirley Sullivan
DHI Realty of Alabama, LLC
Buyer's Agent
Patrick Nelson
Brett R/E Robinson Dev OB
List Price
$270,900
Sold Price
$277,100
Premium/Discount to List
$6,200
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$272,080
Interest Rate
3.72%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Gillespie James C $375,000 None Listed On Document
Nix Davis $277,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie James C $337,500
Previous Owner Nix Davis $272,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2022 01/04/22 Sold $375,000 -6.0% $206 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $399,000 +44.0% $219 / Sq Ft
02/07/2020 02/07/20 Sold $277,100 0.0% $152 / Sq Ft View Prior Sale
12/15/2019 12/15/19 Pending -- -- --
12/13/2019 12/13/19 Price Changed $277,100 +2.3% $152 / Sq Ft
12/13/2019 12/13/19 For Sale $270,900 0.0% $149 / Sq Ft
12/13/2019 12/13/19 Price Changed $270,900 +2.3% $149 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $264,900 -- $146 / 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 $2,664 $83,260 $14,560 $68,700
2023 $2,427 $75,840 $12,960 $62,880
2022 $2,031 $63,480 $0 $0
2021 $1,773 $54,920 $0 $0
2020 $612 $19,140 $0 $0
2019 $188 $5,860 $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: 321800

Baldwin REALTORS®

APN: 66-01-01-1-001-001.138