NOT LISTED FOR SALE

27324 E Beach Blvd Orange Beach, AL 36561

Estimated Value: $525,624 - $691,000

4 Beds
3 Baths
1,942 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $515,000 $265 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,256/month

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fishing Pier
  • Jetted Tub in Primary Bathroom
  • Guest House
  • Intracoastal View
  • Sun or Florida Room

About This Home

As of December 2022

**25K Price Improvement!!** Priced to sell!! Welcome home to this piece of paradise in the heart of Orange Beach!! Just steps away from the ICW!! This amazing property is situated on a beautiful corner lot walking distance from Orange Beach Elementary, Orange Beach Recreational Department, and so much more!! This home boasts an open concept main living area, large breakfast bar, 3 spacious bedrooms, and 2 full bathrooms on the main floor. Beautiful LVP flooring was installed in 2020 every where besides the bathrooms on both levels!! Enjoy the beautiful northern water views from the wrap around porch connected to the main living area. Downstairs you will find a separate studio apartment with it's own bathroom, walk-in closet, kitchenette, and an attached sunroom that is heated and cooled! Perfect for guest, in-law suite, or even an income producing opportunity!(15 day minimum stay required) The East Orange Beach subdivision POA is optional to home owners and under $200 a year! This gives access to 3 waterfront parks (one being directly in front of this home providing an unobstructed water view!!) and 2 gated boat launches!! Home is being sold as is. Partially furnished. Roof is ONLY 2 YEARS OLD! HVAC downstairs is ONLY 2 YEARS OLD and upstairs is only 5 YEARS OLD!! Refrigerator, washer, and dryer ALL CONVEY!! This one is a must see!! Schedule your showing today!!

Last Agent to Sell the Property

Lorin James

Elite Real Estate Solutions, LLC Listed on: 10/19/2022

Elite Real Estate Solutions, LLC

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 50x145.4
  • Corner Lot
  • Level Lot

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,942 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Intracoastal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Single Vanity
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Intracoastal Waterway
  • Covered Patio or Porch

Additional Homes

  • Guest House
  • Dwelling with Separate Living Area

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 62-07-36-0-003-113.000

Community Details

Overview

  • Association fees include management, 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1999

Lot Details

0.35 Acres

HOA Fees

$16 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Flood Zone: 0.2 PCT,X,AE
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Covered Patio, En-Suite, Guest House, Internet, Porch-Open, Window Treatments, Porch-Front, Porch-Side
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Raised Beach
  • View: Northern View, Indirect Icw-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 62-07-36-0-003-113.000
  • Year Built: 1999
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living/Dining
  • Property Legal Description: 50' X 145.4' LOTS 1 BLK 4 EAST ORANGE BEACH 1ST ADD PB4 PG22 1 IN ORANGE BEACH CORP LIMITS SEC 36-T8
  • Subdivsn Or Commnty: East Orange Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 1942
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13x11, On Level: Main Level
  • Bedroom 3: Dimensions: 12x11, On Level: Main Level
  • Bedroom 4: Dimensions: 12x14, On Level: Lower Level
  • Bedrooms: 4
  • Dining Area Type: Breakfast Bar, Lvg/Dng Combo
  • Fireplace: No Fireplace
  • Floors: Tile, Vinyl
  • Kitchen: Dimensions: 7x12.5, On Level: Main Level
  • Living Dining: Dimensions: 28x24, On Level: Main Level
  • Master Bed: Dimensions: 13x13, On Level: Main Level
  • Other Room: Dimensions: 10x12, On Level: Lower Level
  • Other Rooms: Separate Living Suite, Sun Room
  • Price Per Sq Ft: 265.19
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Jetted Tub, Separate Shower, Private Water Closet, Single Vanity

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Slip-1st Come 1st Served
  • Body Of Water: Intracoastal Waterway
  • Exterior Finish: Vinyl
  • Roof: Composition Shingle
  • Water Property Type: Icw Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Garage Spaces: 1
  • Garage Parking: Single Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 195
  • Association Fees Include: Association Management, Common Area Maintenance, Recreational Facilities, Taxes-Common Area
  • Community Amenities: Fishing Pier, Gazebo, Pets - Allowed, Water Access-Deeded

Lot Info

  • Lot Block Unit: 1,2
  • Lot Description: Less Than 1 Acre, Corner Lot, Level, Water View
  • Lot Size: 50x145.4

Rental Info

  • Furnished: Partially
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 839.65
  • Assessor Parcel Number: 43450

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 20, 2022
Sold by
Pm Reid Living Trust
Bought by
Thomas Larry Wayne
Seller's Agent
Lorin James
Elite Real Estate Solutions, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
Views
29
Current Estimated Value
$598,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,406
Avg. Annual Appreciation
4.74%
Original Mortgage
$250,000
Outstanding Balance
$221,284
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$377,122

Purchase Details

Closed on
May 21, 2018
Sold by
Reid Reid P and Reid Philip Micheal
Bought by
Reid P M and P M Raid Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Larry Wayne $515,000 None Listed On Document
Reid P M $269,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Larry Wayne $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $515,000 -6.3% $265 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $549,900 -4.4% $283 / Sq Ft
10/19/2022 10/19/22 For Sale $575,000 -- $296 / Sq Ft
Source: Baldwin REALTORS®

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 $1,528 $47,740 $20,680 $27,060
2023 $1,400 $43,760 $15,200 $28,560
2022 $960 $39,020 $0 $0
2021 $840 $33,740 $0 $0
2020 $787 $32,240 $0 $0
2019 $751 $30,820 $0 $0
2018 $660 $27,240 $0 $0
2017 $646 $26,700 $0 $0
2016 $0 $26,400 $0 $0
2015 -- $50,660 $0 $0
2014 -- $43,960 $0 $0
2013 -- $42,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 337779

Baldwin REALTORS®

APN: 62-07-36-0-003-113.000

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