NOT LISTED FOR SALE

25637 Canal Rd Orange Beach, AL 36561

Estimated Value: $26,777,490

6.9 Acres
$3,880,796 Price per Acre
300,564 Sq Ft Lot

Last Sold June 26, 2014

Last sale price $325,000

Est. 8,139% increase in value since last sale

Current estimated payment $151,080/month

Highlights

  • City View
  • 6.9 Acre Lot
  • Level Lot

About This Lot

As of June 2014

Bank owned commercial site just off Canal Rd. Part of the PUD for Wolf Bay Village. Could be used for multiple purposes. Close proximity to the intersection of Canal Rd & Hwy 161.

Last Agent to Sell the Property

Philip Hodgson

Coldwell Banker Reehl Prop Fairhope License #94054 Listed on: 10/24/2012

Co-Listed By

Jeff Barnes

Stirling Properties License #32887

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $127,722

Lot Details

  • 6.9 Acre Lot
  • Lot Dimensions are 445x693
  • Level Lot

Property Views

  • City Views

Community Details

  • Wolf Bay Village Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6503050000037001

Property Details

Property Type

Land

Est. Annual Taxes

$127,722

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: MASTERCARD FOR WOLF BAY VILLAGE CONDO 6.9 AC THE N 693 (S) OF LOT 9 AND THE N 693 (S) OF LOT 10 BLK 5 GULF BAYS TRACT IN THE CITY OF ORANGE BEACH SEC 5-T9S-R5E (AUCT DEED)
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • View: City
  • Pool Private: No

Condo/Co-op/Association

  • Subdivision Complex: WOLF BAY VILLAGE CONDO

Lot Info

  • Acres: 6.9000
  • Possible Use: Commercial, Multi-Family
  • Current Use: Commercial, Multi-Family
  • Lot Features: Level
  • Lot Dimensions: 445X693
  • Parcel Number: 6503050000037001
  • Price Acre Dollar: 47101.45
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 65-03-05-0-000-037.001
  • Close Date: 2014-06-26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Sandy Shores Village Llc
Bought by
Pm Perdido Isle Orange Beach Llc
Current Estimated Value
$26,777,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,584,000
Outstanding Balance
$9,723,327
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$17,054,163

Purchase Details

Closed on
May 21, 2015
Sold by
The Fortis Company Llc
Bought by
Sandy Shores Village Llc

Purchase Details

Listed on
Oct 24, 2012
Closed on
Jun 27, 2014
Sold by
The First
Bought by
The Fortis Company Llc
Seller's Agent
Philip Hodgson
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pm Perdido Isle Orange Beach Llc $23,150,000 None Listed On Document
Sandy Shores Village Llc $325,000 None Available
The Fortis Company Llc $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pm Perdido Isle Orange Beach Llc $15,584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2014 06/26/14 Sold $325,000 0.0% --
06/26/2014 06/26/14 Sold $325,000 0.0% -- View Prior Sale
06/26/2014 06/26/14 Pending -- -- --
10/24/2012 10/24/12 Pending -- -- --
07/20/2011 07/20/11 For Sale $325,000 -- --
Source: Gulf Coast MLS (Mobile Area Association of 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 $127,722 $3,991,300 $0 $3,991,300
2023 $137,389 $4,293,400 $0 $4,293,400
2022 $134,138 $4,191,820 $0 $0
2021 $79,620 $2,488,120 $0 $0
2020 $79,620 $2,488,120 $0 $0
2019 $67,376 $2,105,500 $0 $0
2018 $67,376 $2,105,500 $0 $0
2017 $69,103 $2,159,460 $0 $0
2016 $21,935 $685,460 $0 $0
2015 $2,685 $83,920 $0 $0
2014 -- $273,100 $0 $0
2013 -- $273,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0228872

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 65-03-05-0-000-037.001