NOT LISTED FOR SALE

2757 Salt Dr Orange Beach, AL 36561

Estimated Value: $709,000 - $728,000

3 Beds
4 Baths
1,507 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $678,500 $450 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,340/month

74 Days on Market

Highlights

  • Lake View
  • Cooling Available
  • Ceiling Fan
  • Community Pool
  • Tile Flooring
  • Heat Pump System

About This Home

As of October 2024

Check out this TURN-KEY 3 Bed, 4 Bath beach house that did 60k IN RENTALS last year. Sitting on a premium lot in the lake and nature filled neighborhood of Summer Salt there is beauty in abundance! WATER VIEWS FROM EVERY ROOM! Enjoy the zero entry resort style pool and entertaining cabana on site or take a 1/2 mile stroll to beach access. Relax by the community fire pit, try your skills on the putting green, or just sit back and enjoy the lake views. Lots of local restaurants and entertainment within walking distance, including Doc's Seafood, Wolf Bay, Ruby Slipper, Sharky's & Live Bait. This coastal designed home has 1507 square feet of beach style luxury living space. It is decorated with impeccable taste, and comes FULLY FURNISHED. Perfect for rentals, all bedrooms have en suite bathrooms. Upgraded painted cabinets, granite, flooring, plumbing fixtures and tile. The kitchen features Carrara countertops, an apron front sink and a 5 burner gas range. Highly desired EVP flooring in all main living areas and master bedroom. Parking galore with three assigned spaces under the house and ample guest spots as well! Outdoor shower, outdoor storage, Rinnai tankless water heater and an 18' wide porch. Schedule your showing between rental guests today. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Peyton Yarborough

RE/MAX of Orange Beach Listed on: 07/12/2024

RE/MAX of Orange Beach

Last Buyer's Agent

Jonathan Lazzarino

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 2022

Lot Details

  • 1,699 Sq Ft Lot
  • Lot Dimensions are 35 x 48

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Stilt Home
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 1,507 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Lake Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 4 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 100 / 100
  • Assessor Parcel Number 6504180000005.080

Community Details

Overview

  • Association fees include management, common area insurance, ground maintenance, pool

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,903

Year Built

Built in 2022

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • View: Direct Lake-Across Rd
  • Parcel Number: 6504180000005.080
  • Year Built: 2022
  • Property Sub-Type: Raised Beach
  • ResoCommunityFeatures: Pool - Outdoor
  • Lot Size Acres: 0.039
  • Co List Office Phone: 251-948-8000
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Summer Salt
  • Architectural Style: Raised Beach
  • ResoBuildingAreaSource: Builder
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Living Area: 1507
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • Financial Info Electric: Baldwin EMC
  • ResoBuildingAreaSource: Builder
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Second
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile
  • ResoLivingAreaSource: Builder
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: Third
  • Room Bedroom3 Level: Third
  • Room Bedroom2 Level: Third
  • Master Bathroom Features: Separate Shower

Exterior Features

  • Roof: Metal
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi)
  • Home Warranty: No
  • Construction Type: Concrete Board, Fortified-Gold, Wood Frame
  • Foundation Details: Pilings

Garage/Parking

  • Covered Parking Spaces: 2
  • Attached Garage: No
  • Parking Features: Double Carport

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Area Insurance, Maintenance Grounds, Pool

Schools

  • Middle Or Junior School: Orange Beach Middle

Lot Info

  • Lot Dimensions: 35 x 48
  • Lot Size Sq Ft: 1698.84
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3903.36
  • Tax Block: 100
  • Tax Lot: 100

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 28, 2024
Sold by
Enachi Vasili and Lupascu Maria
Bought by
Dubois Investment Group Llc
Seller's Agent
Peyton Yarborough
RE/MAX of Orange Beach
Buyer's Agent
Jonathan Lazzarino
eXp Realty Southern Branch
List Price
$735,000
Sold Price
$678,500
Premium/Discount to List
-$56,500
-7.69%
Views
35
Current Estimated Value
$718,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,526
Avg. Annual Appreciation
5.83%
Original Mortgage
$542,800
Outstanding Balance
$537,477
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$180,549
Source: Public Records

Range of Values:

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Average Value
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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
Dubois Investment Group Llc $678,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dubois Investment Group Llc $542,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $678,500 -6.4% $450 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $725,000 -1.4% $481 / Sq Ft
07/12/2024 07/12/24 For Sale $735,000 -- $488 / 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 $4,584 $143,260 $60,320 $82,940
2023 $3,903 $121,980 $35,640 $86,340
2022 $1,389 $43,400 $0 $0
2021 $0 $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 364983

Baldwin REALTORS®

APN: 65-04-18-0-000-005.080