NOT LISTED FOR SALE

27523 Park Dr Orange Beach, AL 36561

Bear Point Neighborhood

Estimated Value: $485,000 - $819,000

5 Beds
4 Baths
3,105 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $325,000 $105 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,736/month

63 Days on Market

Highlights

  • Fishing Pier
  • Bay View
  • Community Pool
  • Access to Bay or Harbor
  • 0.54 Acre Lot
  • Tennis Courts

About This Home

As of May 2019

This income producing, investment opportunity in East Orange Beach does not come along very often for this price. One property over from public bay access at Harrison Park on the Orange Beach Canoe Trail. The Orange Beach Elementary School and Orange Beach Recreation Center, Pool and Tennis Courts are all within a short walk. Subdivision boat launch available to owners for a small annual fee. Unit A has 2 bedrooms and 2 bathrooms. Unit B has 2 bedrooms and 1 bathroom. Unit C has 1 bedroom and 1 bathroom. Unit A is presently vacant, is available for viewing, has been completely remodeled and is rent ready. The design easily converts main structure to a 4 bedroom 3 bathroom single home if preferred and was built with this option in mind. Don't miss this opportunity to live the Gulf Coast Dream. Property is to be sold "AS IS WHERE IS".

Last Agent to Sell the Property

Tesa Morgan

Platinum Properties Southern Listed on: 02/19/2019

Platinum Properties Southern

Last Buyer's Agent

Brian Reinhardt

RE/MAX Paradise

RE/MAX Paradise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 2001

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 80x296
  • No Units Located Below

Parking

  • 5 Car Parking Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Stucco Exterior Insulation and Finish Systems
  • Composition Roof

Interior Spaces

  • 3,105 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

  • Orange Beach Elementary School
  • Gulf Shores High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62-07-36-0-002-028.000

Community Details

Overview

  • East Orange Beach Subdivision

Recreation

  • Fishing Pier
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,635

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Ceiling Fan(s), Covered Patio, Porch-Open
  • Property Type: Triplex
  • Type of Unit: Ground Floor
  • View: Indirect Bay-Across Rd
  • Zoning Area: Within Corp Limits
  • Parcel Id Tax Id: 62-07-36-0-002-028.000
  • Structure Style: Single Story
  • Year Built: 2001
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Subdivsn Or Commnty: East Orange Beach
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 3105
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedroom 3: Dimensions: 14x18, On Level: Main Level
  • Bedroom 4: Dimensions: 12x14, On Level: Main Level
  • Bedroom 5: Dimensions: 14x18, On Level: Main Level
  • Bedrooms: 5
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 10x10, On Level: Main Level
  • Living Dining: Dimensions: 20x25, On Level: Main Level
  • Master Bed: Dimensions: 14x18, On Level: Main Level
  • Price Per Sq Ft: 104.67
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Other - See Remarks

Exterior Features

  • Exterior Finish: Eifs
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Co Sewer Service, Gas-Natural, Sewage-City, Water Heater-Gas, Water-City, Orange Beach Water Auth

Condo/Co-op/Association

  • Community Amenities: Fishing Pier, Pool - Outdoor, Tennis/Racquetball
  • Condo Building Stories: 1

Schools

  • Elementary School: Orange Beach Elementary
  • High School: Gulf Shores

Lot Info

  • Estimated Lot Size: 0.54
  • Lot Block Unit: 60
  • Lot Size: 80x296
  • Number Lots: 1

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1635.2
  • Assessor Parcel Number: 62087

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Gulf Shores

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Johnson Donna M
Bought by
Johnson Donna Marie and Casey Micah Shawn
Current Estimated Value
$650,099

Purchase Details

Listed on
Feb 19, 2019
Closed on
May 24, 2019
Sold by
Glass William T and Glass Mary E
Bought by
Johnson Donna M
Seller's Agent
Tesa Morgan
Platinum Properties Southern
Buyer's Agent
Brian Reinhardt
RE/MAX Paradise
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$260,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Sheridan Richard D
Bought by
Glass William T

Purchase Details

Closed on
Jun 20, 2008
Sold by
Glass Paul
Bought by
Sheridan Richard D
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
Johnson Donna Marie $274,500 None Listed On Document
Johnson Donna Marie $274,500 None Listed On Document
Johnson Donna M -- Ct
Glass William T -- None Available
Sheridan Richard D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Donna M $260,000
Previous Owner Glass Paul $200,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $325,000 -4.4% $105 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $340,000 -2.9% $110 / Sq Ft
03/18/2019 03/18/19 Price Changed $350,000 -2.8% $113 / Sq Ft
02/19/2019 02/19/19 For Sale $360,000 -- $116 / 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 $2,321 $74,440 $21,560 $52,880
2023 $2,358 $75,580 $19,000 $56,580
2022 $1,957 $63,060 $0 $0
2021 $1,759 $54,520 $0 $0
2020 $1,671 $52,120 $0 $0
2019 $2,232 $67,840 $0 $0
2018 $1,725 $51,900 $0 $0
2017 $1,635 $51,100 $0 $0
2016 $1,612 $50,380 $0 $0
2015 -- $47,740 $0 $0
2014 -- $44,460 $0 $0
2013 -- $43,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tesa Morgan

    Seller's Agent in 2019

    Tesa Morgan

    Platinum Properties Southern

    (251) 609-6991

    8 Total Sales

    Tesa Morgan
    Section Image
  • Brian Reinhardt

    Buyer's Agent in 2019

    Brian Reinhardt

    RE/MAX

    (251) 223-5857

    4 in this area

    175 Total Sales

    Brian Reinhardt
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 279909

Baldwin REALTORS®

APN: 62-07-36-0-002-028.000

Alabama Baldwin County Orange Beach 36561 Bear Point

27523 Park Dr, Orange Beach, AL

This home is located at 27523 Park Dr, Orange Beach, AL 36561 since 19 February 2019 and is currently estimated at $650,099, approximately $209 per square foot. This property was built in 2001. 27523 Park 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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