NOT LISTED FOR SALE

4617 Spinnaker Way Orange Beach, AL 36561

Estimated Value: $509,174 - $611,000

3 Beds
2 Baths
2,161 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $515,003 $238 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,589/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Fishing Pier
  • Golf Cart Garage
  • Attached Garage

About This Home

As of April 2023

This is an extremely clean, comfy, and inviting home in the sought after Captains Cove neighborhood! This 3/2 has an extra room that can be used as a 4th bedroom, office, bonus room, etc. The fenced in backyard is perfect for entertaining, storing a boat, or letting pets run free. The new driveway and spacious garage have plenty of room for your boat, golf cart, and extra vehicles! HOA fees are only $500 yearly and include a neighborhood pool, boat launch, and gazebo!

Last Agent to Sell the Property

Andrew Furr

Keller Williams AGC Realty - Orange Beach Listed on: 03/07/2023

Keller Williams AGC Realty - Orange Beach

Last Buyer's Agent

Rachael Ivie

eXp Realty Southern Branch

eXp Realty Southern Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 61 x 143
  • Property Fronts a Bay or Harbor
  • Gated Home
  • Landscaped
  • Few Trees

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,161 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath
  • Separate Shower

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Golf Cart Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pier
  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Canal Access
  • Patio

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 65-03-06-0-000-003.006

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, recreational facilities, pool
  • Captains Cove Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing Pier
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Intersecting Street: Canal Road
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), Fenced, Internet, Patio, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Single Story
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-03-06-0-000-003.006
  • Year Built: 1998
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: 61.6' X 143.4' Irr Lot 16 Unit One Captain's Cove Slide 1540 -B City Of Orange Beach Sec 6-T9s-R5e
  • Subdivsn Or Commnty: Captains Cove
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator, Smoke Detector
  • Estimated Living Area: 2161
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11 x 13, On Level: Main Level
  • Bedroom 3: Dimensions: 10 x 13, On Level: Main Level
  • Bedrooms: 3
  • Floors: Laminate
  • Kitchen: Dimensions: 21 x 36, On Level: Main Level
  • Living Dining: Dimensions: 21 x 36, On Level: Main Level
  • Master Bed: Dimensions: 14 x 13, On Level: Main Level
  • Price Per Sq Ft: 238.32
  • Property Interior Stories: 1
  • Rec Room Level: Main Level
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Garden Tub, Separate Shower, Walk In Closet

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Power Available, Water Available
  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Bay Front - Building, Canal Accs (Wlk <=1/4 Mi), Deeded Access, Icw Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Double Garage, Golf Cart

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Sewage-City, Total Electric, Water Heater-Electric, Water-City, Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 500
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Pool
  • Community Amenities: Bbq Area, Fishing Pier, Landscaping, Pool - Outdoor, Pets - Allowed, Water Access-Deeded

Schools

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

Lot Info

  • Lot Block Unit: 16
  • Lot Description: Less Than 1 Acre, Some Trees, Pier, Gates, Subdivision
  • Lot Size: 61 x 143

Tax Info

  • Property Taxes: 1104
  • Assessor Parcel Number: 201805

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach High
  • Middle School: Orange Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 14, 2023
Sold by
Rowland Perry Lee & Christine Mount
Bought by
Pouncey Wesley and Pouncey Kelly
Seller's Agent
Andrew Furr
Keller Williams AGC Realty - Orange Beach
Buyer's Agent
Rachael Ivie
eXp Realty Southern Branch
List Price
$475,000
Sold Price
$515,003
Premium/Discount to List
$40,003
8.42%
Views
22
Current Estimated Value
$605,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,935
Avg. Annual Appreciation
3.88%
Original Mortgage
$427,350
Outstanding Balance
$417,226
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$145,511

Purchase Details

Listed on
Jul 20, 2017
Closed on
Jan 19, 2018
Sold by
Kelly Joseph C and Simmons Kelley Tammy Renee
Bought by
Rowland Perry Lee and Rowland Christine Mount
Seller's Agent
David Swiger
Swiger & Company
Buyer's Agent
David Swiger
Swiger & Company
List Price
$299,900
Sold Price
$288,950
Premium/Discount to List
-$10,950
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$274,502
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Pouncey Wesley $515,003 None Listed On Document
Rowland Perry Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pouncey Wesley $427,350
Closed Pouncey Wesley $427,350
Previous Owner Rowland Perry Lee $20,000
Previous Owner Rowland Perry Lee $264,000
Previous Owner Rowland Perry Lee $274,502
Previous Owner Kelley Joseph C $80,000
Previous Owner Kelley Joseph C $168,000
Previous Owner Kelley Joseph C $150,000
Previous Owner Kelley Joseph C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $515,003 +8.4% $238 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $475,000 +64.4% $220 / Sq Ft
01/19/2018 01/19/18 Sold $288,950 -3.0% $134 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/04/2017 10/04/17 Price Changed $297,900 -0.7% $138 / Sq Ft
07/20/2017 07/20/17 For Sale $299,900 -- $139 / 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 $2,750 $85,940 $21,840 $64,100
2023 $1,334 $43,580 $9,720 $33,860
2022 $1,104 $36,420 $0 $0
2021 $1,104 $31,540 $0 $0
2020 $847 $28,380 $0 $0
2019 $901 $30,060 $0 $0
2018 $780 $26,280 $0 $0
2017 $697 $23,680 $0 $0
2016 $672 $22,920 $0 $0
2015 $629 $21,560 $0 $0
2014 $477 $16,800 $0 $0
2013 -- $16,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 342696

Baldwin REALTORS®

APN: 65-03-06-0-000-003.006