NOT LISTED FOR SALE

Estimated Value: $564,000 - $647,000

2 Beds
2 Baths
1,308 Sq Ft
$769/mo HOA Fee

Last Sold September 20, 2024

Last sale price $608,500 $465 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,345/month

55 Days on Market

Highlights

  • Lazy River
  • Fitness Center
  • Jetted Tub in Primary Bathroom
  • Property Fronts a Bay or Harbor
  • Fishing
  • Meeting Room

About This Home

As of September 2024

Welcome to this breathtaking condo that graces the shores of Terry Cove, offering a luxurious living experience. Recently renovated in2020, 2 bed/2 baths. Upon entering, you'll immediately be drawn to the grandeur of the large windows in the den, framing a captivating view of the tranquil waters. Natural light floods the space, creating an inviting atmosphere and seamless connection with the stunning outdoors. The primary suite is a true retreat, boasting a jetted tub and separate shower, providing the ultimate space for relaxation and rejuvenation. Unit comes with separate owner closet. Beyond the unit, the complex offers an array of exceptional amenities, catering to both relaxation and recreation. Take a leisurely float in the lazy river, bask in the sun by the outdoor pool, or indulge in a swim in the indoor pool and more. This bay front condo is not only a home; it's a lifestyle. Listing agent is related to the seller. Seller is a licensed realtor in the state of Alabama. *New HVAC unit installed June 2024*. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Ashley Lambert

BHGRE Platinum Properties Listed on: 05/08/2024

Last Buyer's Agent

Ashley Lambert

BHGRE Platinum Properties Listed on: 05/08/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 2007

Lot Details

  • 4.03

HOA Fees

  • $769 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Entry on the 5th floor
  • Reinforced Concrete Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Heating Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch

Listing and Financial Details

  • Legal Lot and Block 5C10 / 5C10
  • Assessor Parcel Number 6502120000105.001962

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer
  • 104 Units

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Lobby

Recreation

  • Community Spa
  • Fishing

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,612

Year Built

Built in 2007

Lot Details

0

HOA Fees

$769 per month

Listing Details

  • Property Type: Residential
  • View: Direct Bay Front
  • Parcel Number: 6502120000105.001962
  • Year Built: 2007
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Common Lobby, Fitness Center, Fishing, Pool - Indoor, Pool - Kiddie, Meeting Room, Pool - Outdoor, Lazy River
  • Water Body Name: Terry Cove
  • ResoSecurityFeatures: Fire Sprinkler System, Security Service
  • Co List Office Phone: 251-650-4030
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Phoenix On The Bay II
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 5
  • Reso Interior Features: Eat-in Kitchen, Ceiling Fan(s), En-Suite
  • Unit Levels: One
  • Living Area: 1308
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Financial Info Electric: Baldwin EMC
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Ice Maker, Electric Range, Refrigerator, Washer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Other Floors-See Remarks
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Dining Room Features: Breakfast Area-Kitchen
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Room Living Room Area: 120
  • Room Kitchen Area: 144
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 180
  • Room Dining Room Area: 240
  • Master Bathroom Features: Jetted Tub, Separate Shower

Exterior Features

  • Roof: Built-Up
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Bay Front - Building
  • Disclosures: Sellers Disclosure, Seller Disclosure, Seller Lic RE Agt
  • Home Warranty: No
  • Construction Type: Stucco, P-I-P Reinforced Concrete
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached, Covered

Utilities

  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 769
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer

Schools

  • Middle Or Junior School: Orange Beach Middle

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Annual Amount: 3611.52
  • Tax Block: 5C10
  • Tax Lot: 5C10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Sep 18, 2024
Sold by
South Properties Llc
Bought by
Coumanis Michael N
Seller's Agent
Ashley Lambert
BHGRE Platinum Properties
Buyer's Agent
Ashley Lambert
BHGRE Platinum Properties
List Price
$639,900
Sold Price
$608,500
Premium/Discount to List
-$31,400
-4.91%
Views
8
Current Estimated Value
$613,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,188
Avg. Annual Appreciation
0.84%
Original Mortgage
$456,375
Outstanding Balance
$451,685
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$162,003

Purchase Details

Closed on
May 7, 2020
Sold by
Sprayberry J Stephen
Bought by
South Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 20, 2015
Sold by
Mccullars Jerry T
Bought by
Sprayberry J Stephen and Limbaugh Jamie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Brett Thomas E and Brett Tillis M
Bought by
Sprayberry J Stephen and Mccullars Jerry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.16%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Coumanis Michael N $608,500 Delta South Title
South Properties Llc -- None Available
Sprayberry J Stephen $500 None Available
Sprayberry J Stephen -- Gst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coumanis Michael N $456,375
Previous Owner South Properties Llc $333,750
Previous Owner Sprayberry J Stephen $320,000
Previous Owner Sprayberry J Stephen $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $608,500 0.0% $465 / Sq Ft
07/02/2024 07/02/24 Off Market $608,500 -- --
07/02/2024 07/02/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $614,900 -3.9% $470 / Sq Ft
05/08/2024 05/08/24 For Sale $639,900 -- $489 / 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 $3,866 $120,820 $0 $120,820
2023 $3,612 $112,860 $0 $112,860
2022 $3,174 $99,200 $0 $0
2021 $2,778 $85,780 $0 $0
2020 $2,252 $69,320 $0 $0
2019 $2,210 $68,020 $0 $0
2018 $2,210 $68,020 $0 $0
2017 $2,084 $64,100 $0 $0
2016 $1,958 $60,160 $0 $0
2015 $2,001 $61,480 $0 $0
2014 $1,833 $56,240 $0 $0
2013 -- $54,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 362082

Baldwin REALTORS®

APN: 65-02-12-0-000-105.001-962