NOT LISTED FOR SALE

252 Portofino Loop Foley, AL 36535

Estimated Value: $130,605 - $143,000

20 Acres
$6,758 Price per Acre
871,200 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $125,000

Est. 8% increase in value since last sale

Current estimated payment $1,116/month

275 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Fishing Pier
  • RV Hookup
  • Clubhouse

About This Lot

As of April 2024

Luxury Class A Exclusive Motor Coach Resort rated #1 in the South and in the Top 5 RV Resorts in the United States. This a Lakefront lot offering a stunning view of the resort's lake and fountain.  The lot features plenty of space for enjoying the outdoors including a dining table with 4 chairs and a poly-resin bar top with 4 stools.   On cooler evenings gather with friends around the stacked stone propane fire pit.  The beautiful lake view is framed by a stacked block retaining wall and n silhouetted by palm trees. Even with all of the existing amenities, this lot offers additional space for upgrades such as an outddoor kitchen, pavilion and casita!  Resort amenities include a 6,000 sq ft clubhouse, zero entry infinity edge pool, hot tub, well-appointed fitness center, wet/dry sauna, movie theater room, stocked lake, dog parks & dog wash, and daily activities for guests. Low COA fees and property tax! Great investment property operated through a national, income generating rental program.

Last Agent to Sell the Property

Denise Peoples

Bella Terra Realty, LLC Listed on: 06/16/2023

Last Buyer's Agent

Denise Peoples

Bella Terra Realty, LLC Listed on: 06/16/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $693

Lot Details

  • Lake Front
  • Landscaped
  • Finished Lot(s)

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • RV Hookup

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 61-05-15-0-000-005.000-948

Community Details

Overview

  • Bella Terra Rv Resort Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Laundry Facilities
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$693

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Rv Lot Improved
  • Restrictive Covenants: Yes
  • View: Direct Lake Front
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-05-15-0-000-005.000-948
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bella Terra RV Resort
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Property Type: Lake Front

Utilities

  • Utilities: Cable Tv, Gas-Natural, Rv Hookup, Sewage-City, Underground Utilities, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 330
  • Association Management Email: julie@bellaterrarvresort.com
  • Community Amenities: Bbq Area, Club House, Exercise Room, Fishing Pier, Gazebo, Internet, Landscaping, Laundry Facilities, Meeting Room, Pool - Outdoor, Pets - Allowed, Spa/Hot Tub, Steam/Sauna, Gated

Lot Info

  • Lot Block Unit: 94
  • Lot Description: Less Than 1 Acre
  • Lot Size: 3464 sq ft

Tax Info

  • Property Taxes: 693
  • Assessor Parcel Number: 301614

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High
  • Middle School: Foley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Mar 29, 2024
Sold by
Grimm Charles L and Grimm Cheryl K
Bought by
Schutter Marvin L and Schutter Janet L
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$139,500
Sold Price
$125,000
Premium/Discount to List
-$14,500
-10.39%
Views
153
Current Estimated Value
$135,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,151
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 31, 2021
Sold by
Abt Jeanne M
Bought by
Grimm Charles L and Grimm Cheryl K
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$82,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 5, 2021
Sold by
Fox Rick
Bought by
Abt Jeanne M
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 2, 2021
Sold by
Fox Rick and Abt Jeanne M
Bought by
Fox Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 4, 2018
Sold by
Cox Rick
Bought by
Fox Rick and Abt Jeanne M

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bella Terra Llc
Bought by
Fox Rick
Source: Public Records

Range of Values:

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Average Value
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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
Schutter Marvin L $125,000 None Listed On Document
Grimm Charles L $110,000 None Available
Abt Jeanne M $110,000 None Available
Fox Rick $42,500 None Available
Fox Rick $47,900 None Available
Fox Rick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimm Charles L $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $125,000 -7.4% --
03/17/2024 03/17/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $135,000 -3.2% --
06/16/2023 06/16/23 For Sale $139,500 +26.8% --
04/05/2021 04/05/21 Sold $110,000 -8.3% -- View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $119,900 -- --
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 $898 $27,200 $26,000 $1,200
2023 $938 $26,260 $26,260 $0
2022 $693 $21,000 $0 $0
2021 $627 $21,000 $0 $0
2020 $561 $17,000 $0 $0
2019 $690 $20,900 $0 $0
2018 $683 $20,700 $0 $0
2017 $632 $19,160 $0 $0
2016 $632 $19,160 $0 $0
2015 $795 $24,080 $0 $0
2014 $944 $28,600 $0 $0
2013 -- $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 347695

Baldwin REALTORS®

APN: 61-05-15-0-000-005.000-948