$412,000
SOLD JUN 17, 2014

The Moorings 27800 Canal Rd Unit 408 Orange Beach, AL 36561

Bear Point Neighborhood
3 Beds
3 Baths
1,820 Sq Ft
6.59 Acres

Recently Sold

$226 Per Sq Ft

190 Days on Market

Highlights

  • Marina View
  • Fitness Center
  • Combination Kitchen and Living
  • Property Fronts a Bay or Harbor
  • Fishing
  • No HOA

About This Home

As of February 2018

This beautiful 3/3 condo overlooks Terry Cove & Alabama Point. It comes furnished & has recently been painted. Granite countertops in the kitchen, custom cabinets, floor to ceiling windows & a huge balcony. The private balcony can be accessed from living room & master bedroom. Common area includes 2 pools, sauna, hot tub, meeting room & workout room. Parking is assigned & boat slips are 1st come

Last Agent to Sell the Property

Non Member

Non Member Office Listed on: 11/15/2013

Last Buyer's Agent

John Ricks

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 2005

Lot Details

  • Landscaped

Property Views

Home Design

  • Metal Roof
  • Masonry
  • Stucco

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Living
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block Unit 408 / Unit 408
  • Assessor Parcel Number 6502120000109002963

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, common area insurance, ground maintenance, pest control, reserve funds

Recreation

  • Fishing

Additional Features

  • Lobby
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,847

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Direct Bay Front, Marina View, Pool Area View
  • Parcel Number: 6502120000109002963
  • Year Built: 2005
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Common Lobby, Covered Entry, Fitness Center, Fishing, Pool - Kiddie, Landscaping, Pool - Outdoor
  • ResoSecurityFeatures: Fire Sprinkler System
  • Co List Office Phone: 251-990-6622
  • MLS Status: Closed
  • Subdivision Name: The Moorings
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s), Storage
  • Unit Levels: One
  • Living Area: 1820
  • Property Attached Yn: Yes
  • Reso Structure Type: Condo
  • Reso Window Features: Window Treatments, Double Pane Windows
  • BK20_LFD_BoatFacilities_4: Slip-1st Come 1st Served, Water Depth (4 ft-)
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Stories: 1
  • Dining Room Features: Lvg/Dng/Ktchn Combo
  • Room Bedroom3 Area: 182
  • Room Bedroom2 Area: 144
  • Master Bedroom Master Bedroom Width: 13
  • Room Living Room Area: 391
  • Room Kitchen Area: 204
  • Room Master Bedroom Area: 221

Exterior Features

  • Roof: Metal
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Bay Front - Building
  • Home Warranty: No
  • Construction Type: Stucco, Solid Masonry

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 786
  • Association: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Reserve Funds

Lot Info

  • Zoning Description: Within Corp Limits

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Block: Unit 408
  • Tax Lot: Unit 408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Feb 27, 2018
Sold by
Paterson Kirk A
Bought by
Smith H Allen
Seller's Agent
John Ricks
RE/MAX of Gulf Shores
Buyer's Agent
Melissa White
Bellator RE LLC Orange Beach
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%
Current Estimated Value
$857,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,223
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jun 17, 2014
Sold by
Vosen William B and Vosen Lisa M
Bought by
Patterson Kirk A and Patterson Kristy I
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
John Ricks
RE/MAX of Gulf Shores
List Price
$412,000
Sold Price
$412,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$309,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Vosen William B and Vosen Lisa M
Bought by
Vosen William B and Vosen Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Orange Beach Development Group Lp
Bought by
Vosen William B and Walker Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Capital Title
Warranty Deed $412,000 None Available
Interfamily Deed Transfer $302,400 Alt
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $309,000 New Conventional
Previous Owner $302,400 New Conventional
Previous Owner $559,200 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $525,000 -6.1% $288 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $559,000 +35.7% $307 / Sq Ft
06/17/2014 06/17/14 Sold $412,000 0.0% $226 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $412,000 -- $226 / 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 $1,847 $73,800 $0 $73,800
2023 $1,847 $73,800 $0 $73,800
2022 $1,638 $65,600 $0 $0
2021 $1,429 $57,400 $0 $0
2020 $3,673 $114,780 $0 $0
2019 $3,440 $107,500 $0 $0
2018 $1,574 $49,200 $0 $0
2017 $1,516 $47,380 $0 $0
2016 $1,254 $39,180 $0 $0
2015 $1,224 $38,260 $0 $0
2014 $1,163 $38,260 $0 $0
2013 -- $69,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Ricks

    Seller's Agent in 2018

    John Ricks

    RE/MAX

    (251) 948-4283

    3 in this area

    46 Total Sales

    John Ricks
    Section Image
  • Melissa White

    Buyer's Agent in 2018

    Melissa White

    Bellator RE LLC Orange Beach

    (251) 752-9100

    9 in this area

    63 Total Sales

    Melissa White
    Section Image

  • N

    Seller's Agent in 2014

    Non Member

    Non Member Office

See All Agents

About The Moorings

Map

Source: Baldwin REALTORS®

MLS Number: 205806

Baldwin REALTORS®

APN: 65-02-12-0-000-109.002-963

Alabama Baldwin County Orange Beach 36561 Bear Point

27800 Canal Rd Unit 408, Orange Beach, AL

This home is located at 27800 Canal Rd Unit 408, Orange Beach, AL 36561 and is currently priced at $412,000, approximately $226 per square foot. This property was built in 2005. 27800 Canal Rd Unit 408 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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