NOT LISTED FOR SALE

375 Portofino Loop Foley, AL 36535

Estimated Value: $126,000 - $146,000

0.07 Acre
$1,933,829 Price per Acre
3,049 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $93,000

Est. 46% increase in value since last sale

Current estimated payment $1,038/month

318 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Fishing Pier
  • RV Hookup
  • Clubhouse

About This Lot

As of January 2021

Luxury Class A Exclusive Motor Coach Resort rated #1 in the South and in the Top 5 RV Resorts in the United States. Lot 121-375 is a great Lakefront lot, priced to sell at $97,000 and offers a Western exposure. This site provides seating and a beautiful view of the lake and fountain and features a retaining wall and lush added landscaping. Guests will also enjoy quick access to the Southeast bath house which offers private restroom/showers and laundry facilities. Nestled alongside the resort's Centerpiece Lake, lakeside lots offer stunning water and breathtaking sunset views. 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: 02/04/2020

Last Buyer's Agent

Denise Peoples

Bella Terra Realty, LLC Listed on: 02/04/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $703

Lot Details

  • 3,049 Sq Ft Lot
  • Lake Front
  • Landscaped
  • Finished Lot(s)

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • RV Hookup

Schools

  • Foley Elementary School
  • Foley High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 61-05-15-0-000-005.000-975

Community Details

Overview

  • Bella Terra Rv Resort Subdivision
  • 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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$703

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Rv Lot Improved
  • Restrictive Covenants: Yes
  • View: Direct Lake Front
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-05-15-0-000-005.000-975
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bella Terra RV Resort
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1328571.43

Exterior Features

  • Water Property Type: Lake Front

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: 0.07
  • Lot Block Unit: 121
  • Lot Description: Less Than 1 Acre
  • Lot Size: 3449 sq ft

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 703.32
  • Assessor Parcel Number: 301641

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jan 27, 2021
Sold by
Larson Darren and Larson Jennifer
Bought by
Rufus Sylvester and Rufus Geneva T
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$97,000
Sold Price
$93,000
Premium/Discount to List
-$4,000
-4.12%
Current Estimated Value
$135,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,368
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Mar 16, 2018
Sold by
Smith William A and Smith Elizabeth Ann
Bought by
Larson Darren and Larson Jennifer

Purchase Details

Closed on
Oct 30, 2008
Sold by
Bella Terra Llc
Bought by
Smith William A T and Smith Elizabeth Ann
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
Rufus Sylvester $93,000 None Available
Larson Darren $84,000 None Available
Smith William A T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $93,000 -4.1% --
12/18/2020 12/18/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $97,000 -- --
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 $875 $26,520 $26,000 $520
2023 $867 $26,260 $26,260 $0
2022 $693 $21,000 $0 $0
2021 $627 $21,000 $0 $0
2020 $561 $17,000 $0 $0
2019 $690 $20,900 $0 $0
2018 $683 $20,700 $0 $0
2017 $628 $19,020 $0 $0
2016 $628 $19,020 $0 $0
2015 $791 $23,960 $0 $0
2014 $940 $28,480 $0 $0
2013 -- $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 294449

Baldwin REALTORS®

APN: 61-05-15-0-000-005.000-975