NOT LISTED FOR SALE

24401 Gulf Bay Rd Orange Beach, AL 36561

Estimated Value: $1,221,000 - $1,907,941

4 Beds
4 Baths
3,287 Sq Ft
$459/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $825,000 $251 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,282/month

77 Days on Market

Highlights

  • Pier
  • Property Fronts a Bay or Harbor
  • Sauna
  • Boat Lift
  • Indoor Pool
  • Fireplace in Primary Bedroom

About This Home

As of December 2019

Beautiful, open water views with 75 feet of waterfront on Wolf Bay! 4 BR/4 BR home with a covered boat slip and lift, double jet ski lifts, a floating pier, a heated saltwater pool, and keep the grass green with the well water for the irrigation. Enjoy some of the of the most gorgeous sunset views on the island from either one of the large, open decks. Inside you will find an open living area with a remodeled, professional grade kitchen, gorgeous quartz counter tops, and a 6 burner Viking gas range. Continue enjoying those gorgeous views even from inside with large windows lining the main living area. The spacious master bedroom boasts a private deck, fireplace, and automated Bali blinds. The master bathroom is the ultimate retreat with a steam shower and an air bubble/water jetted soaking tub. Enjoy your morning coffee or an evening cocktail in the master bathroom's wet bar complete with a Culligan water filtration system. Host to your hearts desire, as there is a completed bonus room on the ground floor. Gulf Bay Road is extremely conveniently located off of Canal Road. Don't miss this opportunity to own Orange Beach waterfront!

Last Agent to Sell the Property

Angelo DePaola

EXP Realty Seaside Listed on: 08/15/2019

EXP Realty Seaside

Last Buyer's Agent

Clarissa Rambo

Buena Vista Property Management

Buena Vista Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 1991

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • Carport

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 3,287 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sauna
  • Wood Flooring
  • Bay Views

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Garden Bath
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Pier
  • Boat Lift

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Gulf Bay's Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62-09-31-3-001-007.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,411

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers, Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), En-Suite, Fenced, Irrigation Sprinkler, Porch-Open, Outdoor Hot Tub, Sauna/Steam Shower, Security System, Vaulted Ceiling, Wet Bar, Pool-Indoor (Home)
  • Property Type: Residential Detached
  • Style: Raised Beach
  • View: Direct Bay Front
  • Parcel Id Tax Id: 62-09-31-3-001-007.000
  • Year Built: 1991
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Subdivsn Or Commnty: Gulf Bay's Tract
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector, Wine Cooler
  • Estimated Living Area: 3287
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 11x12, On Level: Main Level
  • Bedroom 3: Dimensions: 11x12, On Level: Main Level
  • Bedrooms: 4
  • Fireplace: Gas Logs, Living Room, Primary Bedroom
  • Floors: Wood
  • Kitchen: Dimensions: 23x11.5, On Level: Main Level
  • Living Room: Dimensions: 23x11.5, On Level: Main Level
  • Master Bed: Dimensions: 14X16, On Level: 2
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 250.99
  • Property Interior Stories: 3
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Garden Tub, Jetted Tub, Separate Shower, Fireplace, Walk In Closet, Sauna, Balcony/Patio, Direct Bay View-Primary

Exterior Features

  • Boat Facilities: Boat Dock, Boat Lift, Covered, Power Available
  • Body Of Water: Wolf Bay
  • Exterior Finish: Vinyl
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Bay Front - Building

Garage/Parking

  • Garage Parking: Double Carport

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Gas-Natural, Sewage-City, Total Electric, Water-City

Lot Info

  • Lot Description: Water View, Waterfront, Pier, Boat Lift

Rental Info

  • Furnished: Negotiable

Tax Info

  • Property Taxes: 3,411.20
  • Assessor Parcel Number: 103388

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Dec 30, 2019
Sold by
Zekes Fish House Llc
Bought by
Frerichs Cori Michele and Frerichs Timothy Lee
Seller's Agent
Angelo DePaola
EXP Realty Seaside
Buyer's Agent
Clarissa Rambo
Buena Vista Property Management
List Price
$960,000
Sold Price
$825,000
Premium/Discount to List
-$135,000
-14.06%
Current Estimated Value
$1,509,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,235
Avg. Annual Appreciation
10.94%
Original Mortgage
$742,500
Outstanding Balance
$632,386
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$876,849

Purchase Details

Closed on
Nov 19, 2018
Sold by
Shipp Regina E
Bought by
Zekes Fish House Llc

Purchase Details

Closed on
Aug 11, 2014
Sold by
Mcconnell Wesley D and Mcconnell Kim S
Bought by
Shipp Regina E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Frerichs Cori Michele -- Professional Land Title Inc
Zekes Fish House Llc $533,000 None Available
Shipp Regina E $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frerichs Cori Michele $742,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $825,000 -5.7% $251 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/28/2019 10/28/19 Price Changed $875,000 -2.7% $266 / Sq Ft
10/17/2019 10/17/19 Price Changed $899,000 -5.3% $274 / Sq Ft
09/16/2019 09/16/19 Price Changed $949,000 -1.1% $289 / Sq Ft
08/22/2019 08/22/19 For Sale $960,000 -- $292 / 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 $4,590 $145,340 $60,000 $85,340
2023 $4,048 $128,420 $56,040 $72,380
2022 $3,712 $117,900 $0 $0
2021 $1,730 $47,700 $0 $0
2020 $4,124 $128,880 $0 $0
2019 $3,999 $124,980 $0 $0
2018 $3,411 $106,600 $0 $0
2017 $1,689 $52,780 $0 $0
2016 $1,585 $49,520 $0 $0
2015 -- $46,320 $0 $0
2014 -- $43,540 $0 $0
2013 -- $43,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 288070

Baldwin REALTORS®

APN: 62-09-31-3-001-007.000