NOT LISTED FOR SALE

27251 Magnolia Dr Orange Beach, AL 36561

Bear Point Neighborhood

Estimated Value: $359,744 - $418,000

2 Beds
1 Bath
1,000 Sq Ft
$391/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $320,000 $320 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,211/month

1 Day on Market

Highlights

  • Fishing Pier
  • Gated Community
  • Attached Garage
  • Access to Bay or Harbor
  • Community Gazebo
  • Interior Lot

About This Home

As of April 2022

Recently renovated CLASSIC RAISED BEACH COTTAGE. Brand NEW ROOF and all new vinyl dbl paned WINDOWS! New HVAC, kitchen totally redone w new cabinets, granite along w stainless appliances. Bath with new cabinetry inc granite and freshly painted throughout. The wooden staircase is less than two years old. Plenty of parking (bring your golf cart!) along with plenty of storage underneath. Producing citrus trees and large oak trees right outside the door. Outstanding location for boating enthusiasts. Highly desirable East Orange Beach community. Neighborhood offers water access at the waterfront park with first come first served private boat launch, park, 2 beach areas and a fishing pier. Membership for boat slips fee is $275 yr with waiting list however there is a possibility of renting from an existing users of boat slips. There is a voluntary association for unlimited use of all community boating amenities that homeowners can join for $195/yr.

Last Agent to Sell the Property

Paul Vanlandingham

World Impact Real Estate Listed on: 02/25/2022

World Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $404

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 60.5' x 140'
  • Interior Lot
  • Level Lot
  • Few Trees

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Piling Construction
  • Hardboard

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Access to Bay or Harbor
  • Outdoor Storage

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62-07-36-0-003-103.000

Community Details

Overview

  • $195 Additional Association Fee
  • Association fees include common area insurance, common area maintenance, recreational facilities, taxes-common area
  • East Orange Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo

Recreation

  • Fishing Pier

Security

  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$404

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Additional Amenity Fees: 195
  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Intersecting Street: Wilson Blvd
  • Property Amenities: Cable, Ceiling Fan(s), Storage-Out
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Raised Beach
  • View: Southern View
  • Parcel Id Tax Id: 62-07-36-0-003-103.000
  • Year Built: 1978
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Subdivsn Or Commnty: East Orange Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Washer
  • Estimated Living Area: 1000
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 10.5 x 10, On Level: Main Level
  • Bedrooms: 2
  • Kitchen: Dimensions: 10 x 10, On Level: Main Level
  • Living Dining: Dimensions: 21 x 23, On Level: Main Level
  • Master Bed: Dimensions: 16 x 10, On Level: Main Level
  • Price Per Sq Ft: 320
  • Property Interior Stories: 1

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Slip-Available, Water Depth (4 Ft+)
  • Body Of Water: Bay La Launch
  • Exterior Finish: Hardboard
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Double Carport

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Sewage-City, Total Electric, Water-City, Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees Include: Common Area Insurance, Common Area Maintenance, Recreational Facilities, Taxes-Common Area
  • Community Amenities: Fencing, Fishing Pier, Gazebo, Gated

Schools

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

Lot Info

  • Lot Block Unit: 26
  • Lot Description: Inside Lot, Level, Some Trees, Subdivision
  • Lot Size: 60.5' x 140'

Rental Info

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

Tax Info

  • Property Taxes: 404
  • Assessor Parcel Number: 72771

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 5, 2022
Sold by
Hendry Sims Theresa
Bought by
Gorum David and Gorlim Robin T
Seller's Agent
Paul Vanlandingham
World Impact Real Estate
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$391,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,186
Avg. Annual Appreciation
6.49%
Original Mortgage
$272,000
Outstanding Balance
$259,006
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$137,002

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 11, 2020
Sold by
Winkler Brian
Bought by
Sims Theresa Hendry
Seller's Agent
Brian Winkler
RE/MAX Partners
Buyer's Agent
Paul Vanlandingham
World Impact Real Estate
List Price
$299,500
Sold Price
$250,000
Premium/Discount to List
-$49,500
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Atchison Peter B and Atchison Elizabeth B
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company
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
Gorum David $320,000 Professional Land Title
Sims Theresa Hendry $250,000 Professional Land Title Inc
Nationstar Mortgage Llc $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorum David $272,000
Previous Owner Atchison Peter B $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $320,000 -8.6% $320 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $350,000 +40.0% $350 / Sq Ft
09/11/2020 09/11/20 Sold $250,000 -5.5% $250 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $264,500 -1.9% $265 / Sq Ft
08/07/2020 08/07/20 Price Changed $269,500 -3.6% $270 / Sq Ft
07/24/2020 07/24/20 Price Changed $279,500 -1.8% $280 / Sq Ft
07/16/2020 07/16/20 Price Changed $284,500 -1.7% $285 / Sq Ft
07/10/2020 07/10/20 Price Changed $289,500 -1.7% $290 / Sq Ft
07/02/2020 07/02/20 Price Changed $294,500 -1.7% $295 / Sq Ft
06/26/2020 06/26/20 For Sale $299,500 -- $300 / 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 $943 $29,480 $13,780 $15,700
2023 $924 $28,720 $12,160 $16,560
2022 $562 $23,420 $0 $0
2021 $450 $20,240 $0 $0
2020 $437 $13,660 $0 $0
2019 $404 $12,620 $0 $0
2018 $0 $10,480 $0 $0
2017 $0 $10,100 $0 $0
2016 $0 $9,600 $0 $0
2015 -- $9,280 $0 $0
2014 -- $7,740 $0 $0
2013 -- $7,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Vanlandingham

    Seller's Agent in 2022

    Paul Vanlandingham

    World Impact Real Estate

    (251) 233-7462

    2 in this area

    53 Total Sales

    Paul Vanlandingham
    Section Image

  • B

    Seller's Agent in 2020

    Brian Winkler

    RE/MAX

    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 326639

Baldwin REALTORS®

APN: 62-07-36-0-003-103.000

Alabama Baldwin County Orange Beach 36561 Bear Point

27251 Magnolia Dr, Orange Beach, AL

This home is located at 27251 Magnolia Dr, Orange Beach, AL 36561 since 25 February 2022 and is currently estimated at $391,186, approximately $391 per square foot. This property was built in 1978. 27251 Magnolia Dr is a home located in Baldwin County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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