NOT LISTED FOR SALE

4350A Lindsey Ln Unit A Orange Beach, AL 36561

Estimated Value: $315,000 - $402,269

3 Beds
2 Baths
1,150 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $335,000 $291 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,349/month

1 Day on Market

Highlights

  • Home fronts a lagoon or estuary
  • Community Pool
  • Walk-In Closet
  • Clubhouse
  • Community Gazebo
  • Patio

About This Home

As of April 2022

Check out this turnkey townhome in Orange Beach for just $335,000! This is an excellent investment property, currently generating about $30,000 in gross rental revenue with almost $9,000 in rentals on the books for 2022. With a new metal roof put on in 2021, great furnishings, and some new appliances, this home is rental OR move in ready!! Enjoy your morning coffee out on the covered back patio while looking out at the calm community pond just steps away from your door. This hidden gem of a subdivision may be tucked away off the main road but the location is EVERYTHING! Only 1 mile from the Wharf and less than 4 miles from Cotton Bayou public beach, everything you need for the laidback island lifestyle is just a short drive away. Added bonus of having no damage from Hurricane Sally and is Flood zone X so no flood insurance required! With LOW association fees, a pool, clubhouse, and gazebo, this unit will be gone FAST!

Last Agent to Sell the Property

Reagan Davis

Keller Williams AGC Realty - Orange Beach Listed on: 02/21/2022

Keller Williams AGC Realty - Orange Beach

Co-Listed By

Jean Salter

IXL Real Estate-Eastern Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 27.5x65
  • Home fronts a lagoon or estuary

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 65-03-06-0-000-005.272

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, trash, water/sewer, clubhouse, pool
  • Orange Beach Villas Community
  • Orange Beach Villas Subdivision

Amenities

  • Community Gazebo
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 2001

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Intersecting Street: Canal Road
  • Property Amenities: Ceiling Fan(s), Patio
  • Property Type: Residential Attached
  • Style: Town Home
  • View: Direct Lagoon Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-03-06-0-000-005.272
  • Year Built: 2001
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living/Dining
  • Subdivsn Or Commnty: Orange Beach Villas
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator, Smoke Detector, Washer
  • Estimated Living Area: 1150
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x11, On Level: Main Level
  • Bedroom 3: Dimensions: 10x13, On Level: Main Level
  • Bedrooms: 3
  • Floors: Tile
  • Kitchen: Dimensions: 12x10, On Level: Main Level
  • Living Dining: Dimensions: 14x15, On Level: Main Level
  • Master Bed: Dimensions: 12x12, On Level: Main Level
  • Price Per Sq Ft: 291.3
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Walk In Closet

Exterior Features

  • Exterior Finish: Vinyl
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 350
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Clubhouse, Pool
  • Community Amenities: Club House, Gazebo, Pool - Outdoor
  • Condo Building Stories: 1
  • Condo Complex: Orange Beach Villas

Schools

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

Lot Info

  • Lot Description: Less Than 1 Acre
  • Lot Size: 27.5x65

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1317.76
  • Assessor Parcel Number: 355478

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 6, 2022
Sold by
Bowie and Holly
Bought by
Holt Don and Ramsey Terri
Seller's Agent
Reagan Davis
Keller Williams AGC Realty - Orange Beach
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$353,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,317
Avg. Annual Appreciation
1.51%
Original Mortgage
$5,012,052
Outstanding Balance
$4,728,206
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$4,374,889

Purchase Details

Listed on
Feb 21, 2022
Closed on
Feb 25, 2022
Sold by
Bowie and Holly
Bought by
Sinovich Sam M
Seller's Agent
Reagan Davis
Keller Williams AGC Realty - Orange Beach
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,012,052
Outstanding Balance
$4,728,206
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$4,374,889

Purchase Details

Closed on
Oct 26, 2017
Sold by
Mitchell Lisa L
Bought by
Bowie Joshua and Bowie Holly

Purchase Details

Closed on
Oct 29, 2015
Sold by
Chaney Karen Lynn
Bought by
Mitchell Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Sanders Real Estate Llc
Bought by
Chaney Karen Lynn
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
Holt Don $335,000 Pipkin Leigh L
Sinovich Sam M $300,000 Pipkin & Associates Llc
Bowie Joshua $175,000 None Available
Mitchell Lisa L -- Attorneys Title Inc
Chaney Karen Lynn $145,000 Attorneys Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Don $5,012,052
Previous Owner Mitchell Lisa L $149,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $335,000 0.0% $291 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $335,000 -- $291 / 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 $1,752 $54,760 $20,280 $34,480
2023 $2,124 $66,380 $0 $66,380
2022 $1,440 $45,000 $0 $0
2021 $1,318 $40,500 $0 $0
2020 $1,246 $38,260 $0 $0
2019 $573 $17,900 $0 $0
2018 $497 $17,440 $0 $0
2017 $436 $15,540 $0 $0
2016 $407 $14,640 $0 $0
2015 -- $21,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 326448

Baldwin REALTORS®

APN: 65-03-06-0-000-005.272