NOT LISTED FOR SALE

387 Portofino Loop Foley, AL 36535

Estimated Value: $130,000 - $142,087

0.07 Acre
$1,943,486 Price per Acre
3,049 Sq Ft Lot

Last Sold January 27, 2021

Last sale price $100,000

Est. 34% increase in value since last sale

Current estimated payment $1,067/month

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. This site offers a Western exposure, outdoor seating and lush 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: 12/24/2020

Last Buyer's Agent

Denise Peoples

Bella Terra Realty, LLC Listed on: 12/24/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $615

Lot Details

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

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • RV Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 61-05-15-0-000-005.000-978

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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$615

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: 61-05-15-0-000-005.000-978
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1428571.43

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: 124
  • Lot Description: Less Than 1 Acre
  • Lot Size: 3464 sq ft

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 615
  • Assessor Parcel Number: 301644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Jan 26, 2021
Sold by
Dick And Cindy S Horizon Llc
Bought by
Lacombe John A
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$134,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,360
Avg. Annual Appreciation
9.95%
Original Mortgage
$72,750
Outstanding Balance
$65,922
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$87,754

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bella Terra Llc
Bought by
Dick & Cindys Horizon Llc
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 Buyer Sale Price Title Company
Lacombe John A $100,000 None Available
Dick & Cindys Horizon Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacombe John A $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $100,000 -4.8% --
12/24/2020 12/24/20 Pending -- -- --
12/24/2020 12/24/20 For Sale $105,000 -- --
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 $896 $27,160 $26,000 $1,160
2023 $867 $26,260 $26,260 $0
2022 $693 $21,000 $0 $0
2021 $627 $21,000 $0 $0
2020 $615 $18,640 $0 $0
2019 $721 $21,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 307516

Baldwin REALTORS®

APN: 61-05-15-0-000-005.000-978