NOT LISTED FOR SALE

4515 Cotton Cove Dr Gulf Shores, AL 36542

Estimated Value: $609,000 - $667,000

4 Beds
4 Baths
2,635 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $464,500 $176 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,645/month

85 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Spa
  • Craftsman Architecture
  • Gulf Shores Elementary School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of May 2021

Incognito. This 4 bed 4 bath 2 story craftsman home is tucked inside of a surprisingly unknown area of Gulf Shores. At the end of the cul-de-sac beside the path to the deeded boat slips, the house is a welcoming sight in the peaceful surroundings. As one walks into the high-ceiling foyer, a den is to the left and a bonus room to the right (perfect for a home office, play room, guest quarters, your imagination) along with a full bath and utility room that includes two dryer hook-ups. Next is the dinning area that leads into the open kitchen that features custom cabinets/countertops, tile backsplash, large island, electric cooktop, and stainless steel appliances: built-in microwave, oven, dishwasher, and a french door refrigerator with bottom load freezer. The living room features a cozy wood burning fireplace and "Baldwin County" pine floors, milled in the old Crosby Lumber Co. in Bay Minette, that continue through the main level, to the stairs, and upper level landing. Each bedroom has vinyl plank floors and an attached bathroom. The master has a double vanity, jetted tub, and a separate shower. Outside there is a spacious deck, spa, and brick BBQ pit ideal for parties and entertaining. PS no Hurricane Sally flooding. Ask us about the "pre-wired generator feature." A truly special place fantastically maintained that has had only one owner. You be the 2nd!

Last Agent to Sell the Property

Lance DiChiara

Jimmy D Realty Listed on: 01/27/2021

Co-Listed By

Jimmy DiChiara

Jimmy D Realty

Last Buyer's Agent

Mallory Wilkins

Anchor South Property Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Fenced
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,635 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Access To Intracoastal Waterway
  • Boat Slip or Dock Located at Yes

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include common area maintenance
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 66-01-02-2-001-069.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$949

Year Built

Built in 1999

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers
  • Construction Status: Resale
  • Flood Zone: 0.2 PCT,AE
  • Intersecting Street: Peed Pl.
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Fenced, Outdoor Hot Tub
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Craftsman
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-01-02-2-001-069.010
  • Year Built: 1999
  • Geo Subdivision: AL
  • Deeded Boat Slip Number: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator W/Ice Maker, Cooktop
  • Estimated Living Area: 2635
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12x13, On Level: 2
  • Bedroom 3: Dimensions: 11x12, On Level: 2
  • Bedroom 4: Dimensions: 11x12, On Level: 2
  • Bedrooms: 4
  • Den: Dimensions: 12x13, On Level: Main Level
  • Dining Area: Dimensions: 12x13, On Level: Main Level
  • Fireplace: Living Room
  • Floors: Wood
  • Kitchen: Dimensions: 12x12, On Level: Main Level
  • Living Room: Dimensions: 17x18, On Level: Main Level
  • Master Bed: Dimensions: 14x17, On Level: 2
  • Primary Bedroom Bathroom: Double Vanity, Jetted Tub, Walk In Closet
  • Number Of Fireplaces: 1
  • Other Room: Dimensions: 11x12, On Level: Main Level
  • Other Rooms: Bonus Room, Office/Study, Utility Room-Inside
  • Price Per Sq Ft: 176.28
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Boat Facilities: Boat Dock, Slip-Deeded, Water Depth (4 Ft-)
  • Body Of Water: Intracoastal Waterway
  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Waterfront: Yes
  • Water Property Type: Deeded Access, Icw Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Water-City, Baldwin Emc, Gulf Shores Utilities, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 275
  • Association Fees Include: Common Area Maintenance

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Gulf Shores Elementary
  • Middle School: Gulf Shores Middle
  • High School: Gulf Shores

Lot Info

  • Lot Block Unit: 9
  • Lot Description: Less Than 1 Acre, Cul-De-Sac, Level, Water View
  • Lot Size: 54.4' X 237.9' +/-

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 948.96
  • Assessor Parcel Number: 208560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
May 28, 2021
Sold by
Posey James A and Posey Irene R
Bought by
Malone Joshua Larry and Malone Amanda L
Seller's Agent
Lance DiChiara
Jimmy D Realty
Buyer's Agent
Mallory Wilkins
Anchor South Property Services
List Price
$464,500
Sold Price
$464,500
Current Estimated Value
$637,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,277
Avg. Annual Appreciation
8.36%
Original Mortgage
$441,275
Outstanding Balance
$404,409
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$248,420
Source: Public Records

Range of Values:

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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
Malone Joshua Larry -- Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Joshua Larry $441,275
Previous Owner Posey James A $110,000
Previous Owner Posey James A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $464,500 0.0% $176 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $464,500 0.0% $176 / Sq Ft
04/20/2021 04/20/21 Price Changed $464,500 +3.5% $176 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $449,000 -- $170 / 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 $1,765 $54,860 $6,740 $48,120
2023 $1,872 $58,080 $8,140 $49,940
2022 $1,472 $45,960 $0 $0
2021 $1,076 $34,760 $0 $0
2020 $988 $31,300 $0 $0
2019 $949 $30,120 $0 $0
2018 $921 $29,260 $0 $0
2017 $885 $28,180 $0 $0
2016 $903 $28,740 $0 $0
2015 $864 $27,560 $0 $0
2014 $804 $25,720 $0 $0
2013 -- $26,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 308760

Baldwin REALTORS®

APN: 66-01-02-2-001-069.010