$80,000
SOLD JAN 29, 2021

340 Portofino Loop Foley, AL 36535

0.1 Acre
$800,000 Price per Acre
4,356 Sq Ft Lot

Recently Sold

6% Below List Price

1 Day on Market

Highlights

  • Fishing Pier
  • Fitness Center
  • Gated Community
  • Access To Lake
  • RV Hookup
  • Clubhouse

About This Lot

As of January 2023

Luxury Class A Exclusive Motor Coach Resort rated #1 in the South and in the Top 5 RV Resorts in the United States. This over-sized lot features outdoor seating. There is ample room for the addition of other amenities such as an outdoor kitchen or casita. Guests will also enjoy quick access to the Northeast dog park. Resort amenities include a 6,000 sq ft clubhouse, zero entry infinity edge pool, hot tub, well-appointed fitness center, wet/dry sauna, movie theater room, stocked lake, dog parks & dog wash, and daily activities for guests. Low COA fees and property tax! Great investment property operated through a national, income generating rental program.

Last Agent to Sell the Property

Denise Peoples

Bella Terra Realty, LLC Listed on: 01/13/2021

Last Buyer's Agent

Denise Peoples

Bella Terra Realty, LLC Listed on: 01/13/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $495

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Finished Lot(s)

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • RV Hookup

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 61-05-15-0-000-005.000-908

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Laundry Facilities
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Fitness Center
  • Community Pool
  • Community Spa
  • Access To Lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$495

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Rv Lot Improved
  • Restrictive Covenants: Yes
  • View: Western View
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-05-15-0-000-005.000-908
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 800000

Exterior Features

  • Water Property Type: Lake Accs (Wlk <=1/4 Mi)

Utilities

  • Utilities: Cable Tv, Gas-Natural, Rv Hookup, Sewage-City, Underground Utilities, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 250
  • Association Management Email: julie@bellaterrarvresort.com
  • Community Amenities: Bbq Area, Club House, Exercise Room, Fishing Pier, Gazebo, Internet, Landscaping, Laundry Facilities, Meeting Room, Pool - Outdoor, Pets - Allowed, Spa/Hot Tub, Steam/Sauna, Gated

Schools

  • Elementary School: Foley Elementary
  • High School: Foley High

Lot Info

  • Estimated Lot Size: 0.1
  • Lot Block Unit: 8
  • Lot Description: Less Than 1 Acre
  • Lot Size: 4313 sq ft

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 495
  • Assessor Parcel Number: 301574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jan 30, 2023
Sold by
Alderman James W and Alderman Sheryl L
Bought by
Soto Jeffery and Hipps Lou
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$95,000
Sold Price
$95,000
Views
84
Current Estimated Value
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,000
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 1, 2021
Sold by
Rabby Helen Melissa and Gilmartin Catherine Alice
Bought by
Alderman James W and Alderman Sheryl L
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Mar 31, 2017
Sold by
Dwb Btrv Llc
Bought by
Rabby Helen Melissa and Gilmartin Catherine Alice
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $95,000 --
Warranty Deed $80,000 None Available
Warranty Deed $56,250 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $95,000 0.0% --
01/20/2023 01/20/23 Pending -- -- --
05/20/2021 05/20/21 For Sale $95,000 +18.8% --
01/29/2021 01/29/21 Sold $80,000 -5.9% --
01/14/2021 01/14/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $85,000 -- --
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 $803 $31,020 $10,260 $20,760
2023 $726 $22,000 $22,000 $0
2022 $651 $19,740 $0 $0
2021 $561 $19,740 $0 $0
2020 $495 $15,000 $0 $0
2019 $653 $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 308170

Baldwin REALTORS®

APN: 61-05-15-0-000-005.000-908