NOT LISTED FOR SALE

4375 Lindsey Ln Unit 4375-B Orange Beach, AL 36561

Estimated Value: $317,000 - $400,164

3 Beds
2 Baths
1,150 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $326,000 $283 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,364/month

2 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Patio
  • Furnished
  • Community Gazebo
  • Tile Flooring

About This Home

As of March 2022

Updated, 3 bedroom in Orange Beach for only $315,000! This super cute attached townhome is an excellent investment property, currently generating over $41,000 in gross rental revenue and almost $13,000 in rentals on the books for 2022 - IF you want to keep them. Don’t let “rental” scare you if you are looking for a primary residence. This property is managed by the seller and meticulously cleaned by the seller after every rental. All kitchen appliances are NEW, NEW HVAC, gorgeous new Fantasy White dolomite countertops, and a new roof replaced in Sept 2020. This home boasts an open floor plan for kitchen, living and dining area and a split bedroom plan for the 3 bedrooms, each with large closets. Home comes with a Google Nest thermostat and Wyze security camera. This Key-West inspired community has low POA dues of only $350/mo help maintain the pool and pool house, grounds, pond and more. The convenient location of being the first unit (on the right) upon entering the community gives this unit some additional quietness and privacy with 2 parking spaces right outside your door and separated from others with an extra large green space. This unit is sold fully furnished, making it a quick and easy turn key process. Only 1 mile from the Wharf and 4 miles from Cotton Bayou public beach. Flood zone X- no flood insurance needed. No damage from Hurricane Sally! Don’t miss this opportunity to have your slice of heaven in paradise!

Last Agent to Sell the Property

Angelo DePaola

EXP Realty Seaside Listed on: 02/11/2022

EXP Realty Seaside

Last Buyer's Agent

Jean Salter

IXL Real Estate-Eastern Shore

IXL Real Estate-Eastern Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 2004

Lot Details

  • 1,786

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Grinder Pump
  • Cable TV Available

Additional Features

  • Patio
  • Lot Dimensions are 27.5x65

Listing and Financial Details

  • Assessor Parcel Number 65-03-06-0-000-005.015

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

Amenities

  • Community Gazebo
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 2004

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: 0.2 PCT,X
  • Property Amenities: Ceiling Fan(s), Patio
  • Property Type: Residential Attached
  • Style: Town Home
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-03-06-0-000-005.015
  • Year Built: 2004
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, 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
  • Primary Bedroom Bathroom: 1st Floor Master, Walk In Closet
  • Price Per Sq Ft: 283.48
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Garage Parking: Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Grinder Pump, 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 Block Unit: 1
  • Lot Description: Less Than 1 Acre
  • Lot Size: 27.5x65
  • Number Lots: 1

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1224.32
  • Assessor Parcel Number: 210372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Salter Howard and Salter Lanora
Bought by
Salt Air Spendthrift Trust and Salter
Current Estimated Value
$356,041

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 1, 2022
Sold by
Leclerc Wanda G
Bought by
Ira Howard Salter
Seller's Agent
Angelo DePaola
EXP Realty Seaside
Buyer's Agent
Jean Salter
IXL Real Estate-Eastern Shore
List Price
$315,000
Sold Price
$326,000
Premium/Discount to List
$11,000
3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Wagner Eugene
Bought by
Leclerc Wanda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Wagner Robyn Lynne and Wagner Eugene
Bought by
Wagner Eugene

Purchase Details

Closed on
Jan 15, 2016
Sold by
Thompson Connie R and Foster Angelia F F
Bought by
Wagner Eugene and Wagner Robyn Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Sanders Real Estate Llc
Bought by
Thompson Connie R and Foster Angelia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,920
Interest Rate
4.17%
Mortgage Type
Stand Alone Second
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
Salt Air Spendthrift Trust $332,000 None Listed On Document
Ira Howard Salter $326,000 None Listed On Document
Leclerc Wanda G $168,000 Ct
Wagner Eugene $73,500 None Available
Wagner Eugene $159,500 None Available
Thompson Connie R -- Attorneys Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leclerc Wanda G $134,400
Previous Owner Wagner Eugene $127,600
Previous Owner Thompson Connie R $87,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $326,000 +3.5% $283 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $315,000 -- $274 / 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 $1,167 $35,780 $0 $0
2018 $1,138 $34,880 $0 $0
2017 $1,016 $31,060 $0 $0
2016 $468 $14,640 $0 $0
2015 $349 $10,920 $0 $0
2014 -- $26,620 $0 $0
2013 -- $427,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 326097

Baldwin REALTORS®

APN: 65-03-06-0-000-005.015