NOT LISTED FOR SALE

4632 Spinnaker Way Orange Beach, AL 36561

Estimated Value: $128,686 - $151,000

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold February 20, 2024

Last sale price $130,000

Est. 9% increase in value since last sale

Current estimated payment $861/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Pool
  • Community Gazebo
  • Fishing Pier

About This Home

As of February 2024

Embrace coastal living just minutes from the beach! This vacant lot is located in the coveted Captains Cove neighborhood where community is found. This location is complimented by a community pool, convenient boat launch with a fishing pier and easy access to the Intracoastal Waterway. Nearby explore the greens of the Orange Beach Golf Center or unwind on the nature trails of Alabama Gulf State Park. Take a short ride to The Wharf for restaurants and entertainment. Located near the Orange Beach Middle/High School and soon to be built state of the art Sports Complex. Seize the opportunity to create your own coastal retreat in this idyllic Orange Beach location!

Last Agent to Sell the Property

Susan Kaylor

Kaiser Sotheby's Int-GS Listed on: 01/06/2024

Kaiser Sotheby's Int-GS

Co-Listed By

Pierce Kaylor

Kaiser Sotheby's Int-GS

Last Buyer's Agent

Ba Porterfield

World Impact Real Estate

World Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $334

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 97.6 x 125
  • Few Trees
  • Property is zoned Within Corp Limits

HOA Fees

  • $42 Monthly HOA Fees

Outdoor Features

  • Deeded Waterfront Access Rights

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 65-03-06-0-000-003.079

Community Details

Overview

  • Captains Cove Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Community Barbecue Grill

Recreation

  • Fishing Pier
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$334

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Lots And Land
  • Flood Zone: AE
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Suitable Use: Single Family
  • Associated Document Count: 3
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-03-06-0-000-003.079
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Property Legal Description: 97.6 X 125 LOT 74 CAPTAIN S COVE UNIT TWO SLIDE 2064-F IN CITY OF ORANGE BEACH SEC 6-T9S-R5E (WD SUR
  • Subdivsn Or Commnty: Captains Cove
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per Sq Ft: 464285.71

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Power Available, Slip-1st Come 1st Served
  • Water Property Type: Deeded Access
  • Road Description: Paved

Utilities

  • Utilities: Sewage-City, Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 500
  • Community Amenities: Bbq Area, Fishing Pier, Gazebo, Pool - Outdoor

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Estimated Lot Size: 0.28
  • Lot Block Unit: 74
  • Lot Description: Less Than 1 Acre, Some Trees, Subdivision
  • Lot Size: 97.6 x 125

Tax Info

  • Property Taxes: 334.08
  • Assessor Parcel Number: 248430

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Jan 12, 2024
Sold by
Beasley Randall S and Beasley Amy Marie
Bought by
Simonson Peter D and Simonson Victoria V
Seller's Agent
Susan Kaylor
Kaiser Sotheby's Int-GS
Buyer's Agent
Ba Porterfield
World Impact Real Estate
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Views
13
Current Estimated Value
$141,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,672
Avg. Annual Appreciation
3.36%
Original Mortgage
$97,500
Outstanding Balance
$96,167
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$40,446

Purchase Details

Closed on
Mar 23, 2023
Sold by
Wrenn Dottie
Bought by
Beasley Randall S and Beasley Amy Marie
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
Simonson Peter D $130,000 None Listed On Document
Beasley Randall S $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonson Peter D $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $130,000 -6.5% --
01/11/2024 01/11/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $139,000 +126.3% --
09/03/2020 09/03/20 Sold $61,425 -11.0% --
08/17/2020 08/17/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $69,000 0.0% --
07/15/2020 07/15/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $69,000 -- --
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 $559 $17,480 $17,480 $0
2023 $498 $15,560 $15,560 $0
2022 $392 $12,240 $0 $0
2021 $334 $10,440 $0 $0
2020 $307 $9,600 $0 $0
2019 $333 $10,400 $0 $0
2018 $282 $8,800 $0 $0
2017 $320 $10,000 $0 $0
2016 $256 $8,000 $0 $0
2015 $224 $7,000 $0 $0
2014 $198 $6,200 $0 $0
2013 -- $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 355935

Baldwin REALTORS®

APN: 65-03-06-0-000-003.079