NOT LISTED FOR SALE

The Moorings 27800 Canal Rd Unit 513 Orange Beach, AL 36561

Estimated Value: $409,000 - $572,000

1 Bed
1 Bath
878 Sq Ft
$553/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $487,000 $555 Per Sq Ft

Current estimated payment $3,272/month

3 Days on Market

Highlights

  • Fishing Pier
  • Fitness Center
  • 1 Fireplace
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Furnished

About This Home

As of January 2024

One bedroom One bath Moorings unit top floor. Amazing views of Terry Cove, ONO Island, Sportsman Marina docks and the Gulf in the background. Gated, 2 skylights in unit for great natural lighting, first come first serve boat docks, resort zero entry pool, hot tub, workout room, plenty of parking. There is a walkway to Sportsman Marina, Tiki Bar, Boat store and more. The HOA is one of the best managed on the coast with stable reserves, a well maintained building and grounds. Pets are welcome for owners only. There are designated areas for walking your dog and a fenced dog run. Rentals are allowed however less than 15% of the owners are on rental programs. This unit has not been rented. A great place to live or use as a second home. Stainless steel gas grill on balcony. Gas fireplace in Living room.

Last Agent to Sell the Property

Cynthia Grice

RE/MAX Paradise Listed on: 12/14/2023

RE/MAX Paradise

Last Buyer's Agent

Christine Slaughter

Realty Executives Gulf Coast

Realty Executives Gulf Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 2006

Lot Details

  • Landscaped

HOA Fees

  • $581 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 5th floor
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 878 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 65-02-12-0-000-109.002988

Community Details

Overview

  • 3 Elevators
  • The Moorings Community
  • The community has rules related to covenants, conditions, and restrictions
  • 5-Story Property

Amenities

  • Meeting Room
  • Lobby
  • Community Wi-Fi

Recreation

  • Fishing Pier

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,204

Year Built

Built in 2006

Lot Details

0

HOA Fees

$581 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Piers, Pilings
  • Construction Status: Resale
  • Intersecting Street: Canal Road
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Bay Front
  • Parcel Id Tax Id: 65-02-12-0-000-109.002988
  • Year Built: 2006
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living/Dining
  • Property Legal Description: Unit 513 The Moorings Condo In City Of Orange Beach Sec 12-T 9S-R5e (Wd Survivorship)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 878
  • Bathrooms: 1
  • Bedrooms: 1
  • Elevators: 3
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 9x9, On Level: Main Level
  • Living Dining: Dimensions: 15x19, On Level: Main Level
  • Master Bed: Dimensions: 12 x12, On Level: Main Level
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 554.67
  • Property Interior Stories: 1
  • Unit Floor: 5

Exterior Features

  • Boat Facilities: Boat Dock, Water Depth (4 Ft+)
  • Body Of Water: Terry Cove
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Bay Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Central Heat, Heat Pump (Cool)
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 581
  • Community Amenities: Common Lobby, Conference Center, Covered Entry, Exercise Room, Fishing Pier, Internet, Landscaping, On-Site Management, Pets - Allowed, Gated
  • Condo Building Stories: 5
  • Condo Complex: The Moorings

Schools

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

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1,203.64
  • Assessor Parcel Number: 280339

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
Dec 14, 2023
Closed on
Jan 26, 2024
Sold by
Grice Ralph D and Grice Cynthia D
Bought by
David Bruce And Joyce Mcewen Plun Revocable T and Plunkett
Seller's Agent
Cynthia Grice
RE/MAX Paradise
Buyer's Agent
Christine Slaughter
Realty Executives Gulf Coast
List Price
$495,000
Sold Price
$487,000
Premium/Discount to List
-$8,000
-1.62%
Views
45
Current Estimated Value
$485,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,713
Avg. Annual Appreciation
-0.22%
Original Mortgage
$287,000
Outstanding Balance
$282,756
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$202,531

Purchase Details

Listed on
Nov 6, 2017
Closed on
May 25, 2018
Sold by
Stults Donald Ray
Bought by
Grice Cynthia D and Grice Ralph D
Seller's Agent
Frankie Gregory
Roberts Brothers Inc. Gulf Coa
Buyer's Agent
Cynthia Grice
RE/MAX Paradise
List Price
$305,000
Sold Price
$278,000
Premium/Discount to List
-$27,000
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Dec 2, 2005
Sold by
Orange Beach Development Group Lp
Bought by
Stults Donald Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,700
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
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
David Bruce And Joyce Mcewen Plun Revocable T $487,000 None Listed On Document
Grice Cynthia D $278,000 None Available
Stults Donald Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Bruce And Joyce Mcewen Plun Revocable T $287,000
Previous Owner Grice Ralph D $162,000
Previous Owner Grice Cynthia D $100,000
Previous Owner Stults Donald Ray $189,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $487,000 -1.6% $555 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $495,000 +78.1% $564 / Sq Ft
05/25/2018 05/25/18 Sold $278,000 -4.8% $317 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/20/2018 03/20/18 Price Changed $292,000 -4.3% $333 / Sq Ft
11/06/2017 11/06/17 For Sale $305,000 -- $347 / 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 $1,265 $39,520 $0 $39,520
2023 $1,204 $39,520 $0 $39,520
2022 $979 $32,500 $0 $0
2021 $970 $30,300 $0 $0
2020 $941 $29,420 $0 $0
2019 $854 $26,700 $0 $0
2018 $787 $24,580 $0 $0
2017 $736 $23,000 $0 $0
2016 $660 $20,640 $0 $0
2015 $618 $19,320 $0 $0
2014 $618 $19,320 $0 $0
2013 -- $16,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 355282

Baldwin REALTORS®

APN: 65-02-12-0-000-109.002-988