NOT LISTED FOR SALE

40 Park Beach Dr Orange Beach, AL 36561

Estimated Value: $851,338 - $1,197,000

4 Beds
2.5 Baths
2,333 Sq Ft
$450/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $865,000 $371 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,075/month

1 Day on Market

Highlights

  • FORTIFIED Gold
  • Furnished
  • Cottage
  • Main Floor Primary Bedroom
  • Community Pool
  • Attached Garage

About This Home

As of March 2022

A chance to own the beautiful "ShipWrecked" in the coveted Parks Edge community in Orange Beach. This is a Coastal Cottage in the heart of Romar Beach built by Truland Homes. The subdivision has deeded access to the Gulf Beaches, is an ideal location nestled on the western end of Orange Beach and has a bridge to the Gulf Sate Park for biking and hiking. This home is Trulands modified Venice floor plan that offers 10 foot ceilings and 8 foot door ways, a separate upstairs living room, large bunkroom downstairs for the forth bedroom, granite counter tops, S.S. kitchenaid appliances, with custom painted cabinets, attached garage and a backyard that is your very on private paradise. Metal roof, irrigation system, large laundry room, huge pantry, recessed lighting, crown molding and the list goes on. Great rental... Home is a must see! The home is built to Gold Fortified Construction. **Photos are from rental listing, updated photos being uploaded this week.

Last Agent to Sell the Property

Joseph Frady

Beachball Properties Listed on: 01/18/2022

Beachball Properties

Last Buyer's Agent

Jonathan Lazzarino

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 55 x 115
  • Fenced

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Cottage
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,333 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Additional Features

  • FORTIFIED Gold
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-06-13-2-001-005.025

Community Details

Overview

  • Association fees include common area insurance, common area maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,790

Year Built

Built in 2019

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Fortified-Gold
  • Construction Status: Resale
  • Flood Zone: AE
  • Property Amenities: Bunk Room, Ceiling Fan(s), Fenced
  • Property Type: Residential Detached
  • Style: Cottage
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-06-13-2-001-005.025
  • Year Built: 2019
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: 55' X 114.4' IRR LOT 23 PARKS EDGE SLIDE 2551-A IN THE CITY OF ORANGE BEACH SEC 13-T9S-R4E (WD/SURVI
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator W/Ice Maker
  • Estimated Living Area: 2333
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 13 x 12, On Level: 2
  • Bedroom 3: Dimensions: 16 x 13, On Level: 2
  • Bedroom 4: Dimensions: 14 x 13, On Level: 2
  • Bedrooms: 4
  • Floors: Tile
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 19 x 11, On Level: Lower Level
  • Living Dining: Dimensions: 19 x 16, On Level: Lower Level
  • Master Bed: Dimensions: 19 x 11, On Level: Lower Level
  • Price Per Sq Ft: 370.77
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 108
  • Association Fees Include: Common Area Insurance, Common Area Maintenance
  • Community Amenities: Pool - Outdoor

Lot Info

  • Lot Block Unit: 23
  • Lot Description: Less Than 1 Acre
  • Lot Size: 55 x 115

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 2790.40
  • Assessor Parcel Number: 365388

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 28, 2022
Sold by
Quinn Marissa R and Quinn William
Bought by
Jones Christopher Michael and Kuykendall-Jones Melissa Ann
Seller's Agent
Joseph Frady
Beachball Properties
Buyer's Agent
Jonathan Lazzarino
eXp Realty Southern Branch
List Price
$850,000
Sold Price
$865,000
Premium/Discount to List
$15,000
1.76%
Current Estimated Value
$1,074,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,361
Avg. Annual Appreciation
5.53%
Original Mortgage
$697,000
Outstanding Balance
$655,866
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$393,469

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jun 27, 2019
Sold by
Truland Homs Llc
Bought by
Quinn Marissa R and Quinn William
Seller's Agent
Kay Meador
New Home Star Alabama, LLC
Buyer's Agent
Aileen Fountain
eXp Realty Southern Branch
List Price
$489,470
Sold Price
$498,460
Premium/Discount to List
$8,990
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.19%
Original Mortgage
$363,460
Interest Rate
4%
Mortgage Type
New Conventional
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
Jones Christopher Michael $865,000 None Listed On Document
Quinn Marissa R $489,460 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Christopher Michael $697,000
Previous Owner Quinn Marissa R $363,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $865,000 +1.8% $371 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $850,000 +70.5% $364 / Sq Ft
06/27/2019 06/27/19 Sold $498,460 +1.8% $214 / Sq Ft View Prior Sale
01/25/2019 01/25/19 Pending -- -- --
06/25/2018 06/25/18 For Sale $489,470 -- $210 / 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 $4,130 $129,060 $40,040 $89,020
2023 $4,136 $129,260 $35,640 $93,620
2022 $3,420 $106,880 $0 $0
2021 $2,960 $92,500 $0 $0
2020 $2,790 $87,200 $0 $0
2019 $580 $18,120 $0 $0
2018 $534 $16,680 $0 $0
2017 $461 $14,400 $0 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 325053

Baldwin REALTORS®

APN: 66-06-13-2-001-005.025