NOT LISTED FOR SALE

4688 Walker Ave Unit 5 Orange Beach, AL 36561

Estimated Value: $130,000 - $452,000

-- Bed
-- Bath
-- Sq Ft
0.83 Acres

Last Sold March 29, 2024

Last sale price $115,000

Est. 94% increase in value since last sale

Current estimated payment $1,490/month

15 Days on Market

Highlights

  • Marina View
  • Dock
  • Property Fronts a Bay or Harbor
  • Pier
  • Boat Slip Deeded
  • 5-minute walk to Dog Park

About This Home

As of March 2024

Come see the views at this deeded boat slip at Orinico Cove's Mess About Marina, Orange Beach AL. This 20ft x 50ft boat slip is a premier spot for boating enthusiasts and the 50' slip can easily accomodate boats up to 55ft. Positioned directly on Terry Cove, with views of Perdido Pass bridge, Robinson and Bird Islands with easy access to the Gulf of Mexico. Each slip in this marina has power and water connections for added convenience. HOA dues cover your water but your power usage is metered and billed with HOA dues every quarter. Slip owners have the option to lease their spots, offering a chance for rental income or you can uses as a commercial option or live aboard your boat. Ownership comes with several amenities, including access to a range of facilities such as clubhouse, an outdoor pool and deck area, bbq area, an ice machine, wet bar, bathrooms with showers and laundry facilities. The marina maintains a peaceful residential atmosphere. The boat slip is priced to sell offering an affordable investment and convenient boating lifestyle.

Last Agent to Sell the Property

Angela Butcher

RE/MAX on the Coast Listed on: 03/05/2024

RE/MAX on the Coast

Last Buyer's Agent

Stephen Achee

Bay Area Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $480

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 1-Story Property
  • Marina Views
  • Walk-Out Basement

Outdoor Features

  • Pier
  • Boat Slip Deeded
  • Boat Slip
  • Boat Slip or Dock Located at 5
  • Dock

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Listing and Financial Details

  • Assessor Parcel Number 65-02-12-0-000-124.000413

Community Details

Overview

  • Association fees include pool, management, common area insurance, common area maintenance, clubhouse
  • Association Phone (251) 223-7689
  • Orinoco Cove Subdivision
  • Property managed by Orinico Cove POA
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Lobby

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$480

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Construction Foundation: Piers, Pilings, Walk-Out
  • Construction Status: Resale
  • Property Type: Boat Slip
  • Restrictive Covenants: Yes
  • View: Direct Bay Front, Marina View
  • Named Waterfrnt: Yes
  • Parcel Id Tax Id: 65-02-12-0-000-124.000413
  • Structure Style: Deeded Boat Slip
  • Geo Subdivision: AL
  • Address Display2: 4688 Walker Avenue 0 Orange Bch AL 36561
  • Deeded Boat Slip Number: 5
  • Property Legal Description: 215 (S) 204.3(D) X 710 Irr Undivided Unit No 5 of Common Area & The Right to Possess Boat Slip #5
  • Subdivsn Or Commnty: Orinoco Cove
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Kitchen: On Level: Main Level
  • Property Interior Stories: 1

Exterior Features

  • Boat Facilities: Slip-Deeded, Water Depth (4 ft+)
  • Body Of Water: Terry Cove
  • Exterior Finish: Aluminum
  • Water Property Type: Bay Front

Utilities

  • Utilities: Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fees: 750
  • Association Fees Include: Pool, Association Management, Common Area Insurance, Common Area Maintenance, Clubhouse
  • Association Management: Orinico Cove POA
  • Association Phone: 251-223-7689
  • Community Amenities: BBQ Area, Club House, Common Lobby, Pool - Outdoor, Pets - Allowed

Lot Info

  • Lot Block Unit: 5
  • Lot Description: Waterfront, Pier
  • Lot Size: 20ft X 50ft
  • Number Lots: 1

Tax Info

  • Property Taxes: 480
  • Assessor Parcel Number: 224152

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2007
Sold by
Baxter James B
Bought by
Koby Roger and Koby Monica
Current Estimated Value
$222,852
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
Koby Roger -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $115,000 -10.9% --
03/20/2024 03/20/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $129,000 -- --
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 $816 $25,500 $0 $25,500
2023 $816 $25,500 $0 $25,500
2022 $480 $15,000 $0 $0
2021 $480 $15,000 $0 $0
2020 $461 $14,400 $0 $0
2019 $461 $14,400 $0 $0
2018 $464 $14,500 $0 $0
2017 $384 $12,000 $0 $0
2016 $320 $10,000 $0 $0
2015 $320 $10,000 $0 $0
2014 $256 $8,000 $0 $0
2013 -- $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 358795

Baldwin REALTORS®

APN: 65-02-12-0-000-124.000-424