NOT LISTED FOR SALE

4688 Walker Ave Unit B1 Orange Beach, AL 36561

Estimated Value: $422,000 - $590,000

1 Bed
2 Baths
669 Sq Ft
$767/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $280,000 $419 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,075/month

27 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Wood Flooring
  • Above Ground Pool
  • Clubhouse
  • 5-minute walk to Dog Park

About This Home

As of June 2020

The perfect coastal cottage for a weekend getaway or full time living in Orange Beach, AL! This is a ONE bedroom in waterfront community of Orinoco Cove on Terry Cove. Cottage B-1 has two full baths (one upstairs and one down), a custom kitchen complete with stainless steel appliances and granite counter tops. There is beautiful heartwood pine floors in the living area and carpet upstairs. This is a boater and fisherman's dream with a 55' deeded boat slip, (slip #37), with a 16,000 pound boat lift. This boat slip is onsite the upscale marina known as "Mess About Marina" which, is directly across the pass leading to the Gulf of Mexico. It is a short boat ride to the area's most famous waterfront entertainment and dining venues. Orinoco Cove amenities include an outdoor pool with an expansive view of the bay, an owner's clubhouse with a large deck and tables (perfect for entertaining), BBQ grill, wet bar, refrigerator, ice maker, men and ladies restrooms with showers, and a laundry facility. Fully furnished except for a few (4) personal items.

Last Agent to Sell the Property

Mary Fowler

Bella Beach Properties Listed on: 05/20/2020

Last Buyer's Agent

David Swiger

Swiger & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 20x25
  • Waterfront
  • Property is zoned Pud

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 669 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Shower Only

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Bay or Harbor
  • Boat Slip or Dock Located at 37
  • Outdoor Gas Grill

Schools

  • Orange Beach Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 65-02-12-0-000-124.001

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, recreational facilities, clubhouse
  • Orinoco Cove Community
  • Orinoco Cove Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1996

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Construction Status: Resale
  • Intersecting Street: Canal Road
  • Property Amenities: Ceiling Fan(s), Outdoor Shower, Pool-Above Ground (Home), Built-In Gas Grill
  • Property Type: Residential Detached
  • Style: Cottage
  • Zoning Area: Pud
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-02-12-0-000-124.001
  • Year Built: 1996
  • Geo Subdivision: AL
  • Deeded Boat Slip Number: 37
  • Governing Municipality: Orange Beach
  • Living Room Group: Living Room
  • Subdivsn Or Commnty: Orinoco Cove
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Area: 669
  • Bathrooms: 2
  • Bedrooms: 1
  • Floors: Carpet, Wood
  • Kitchen: Dimensions: 9x10, On Level: Lower Level
  • Living Dining: Dimensions: 11x9, On Level: Lower Level
  • Living Room: Dimensions: 11x9, On Level: Main Level
  • Master Bed: Dimensions: 22x9, On Level: 2
  • Price Per Sq Ft: 418.54
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only

Exterior Features

  • Boat Facilities: Assigned Slip, Boat Dock, Boat Lift, Power Available, Slip-Deeded, Water Available, Water Depth (4 Ft-)
  • Body Of Water: Terry Cove
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Deeded Access

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 185
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Clubhouse
  • Community Amenities: Club House
  • Condo Complex: Orinoco Cove

Lot Info

  • Lot Block Unit: B1
  • Lot Description: Less Than 1 Acre
  • Lot Size: 20x25

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1062.40
  • Assessor Parcel Number: 209890

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Gulf Shores High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Jul 13, 2018
Sold by
Richardson Thomas Allen and Richardson Jodi Kay
Bought by
Cunningham George Travis
Seller's Agent
David Egbert
Alabama Beach Realty LLC
Buyer's Agent
Kathy Jumper-Drago
eXp Realty Southern Branch
List Price
$279,000
Sold Price
$220,000
Premium/Discount to List
-$59,000
-21.15%
Current Estimated Value
$512,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,989
Avg. Annual Appreciation
12.33%
Original Mortgage
$198,000
Outstanding Balance
$171,597
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$341,392

Purchase Details

Closed on
Aug 9, 2013
Sold by
Fannie Mae
Bought by
Richardson Thomas Allen and Richardson Jodi Kay

Purchase Details

Closed on
Jun 13, 2013
Sold by
Jenkins Ronald H and Jenkins Carrie A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2006
Sold by
Mcdonald Oil Co Inc
Bought by
Jenkins Ronald H and Jenkins Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
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
Cunningham George Travis $220,000 None Available
Richardson Thomas Allen $170,000 None Available
Federal National Mortgage Association $255,538 None Available
Jenkins Ronald H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham George Travis $198,000
Previous Owner Jenkins Ronald H $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $280,000 -12.5% $419 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $319,900 0.0% $478 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $319,900 +45.4% $478 / Sq Ft
07/20/2018 07/20/18 Sold $220,000 -6.4% $328 / Sq Ft View Prior Sale
06/23/2018 06/23/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $235,000 -4.1% $350 / Sq Ft
05/01/2018 05/01/18 Price Changed $245,000 -1.6% $365 / Sq Ft
03/02/2018 03/02/18 Price Changed $249,000 -3.9% $371 / Sq Ft
01/08/2018 01/08/18 Price Changed $259,000 -3.7% $386 / Sq Ft
10/29/2017 10/29/17 Price Changed $269,000 -3.6% $401 / Sq Ft
08/15/2017 08/15/17 For Sale $279,000 -- $416 / 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 $2,287 $71,480 $24,960 $46,520
2023 $2,781 $86,900 $38,880 $48,020
2022 $1,903 $59,460 $0 $0
2021 $1,947 $59,460 $0 $0
2020 $838 $28,100 $0 $0
2019 $672 $22,920 $0 $0
2018 $1,151 $33,960 $0 $0
2017 $1,075 $33,200 $0 $0
2016 $1,083 $33,440 $0 $0
2015 $1,051 $32,440 $0 $0
2014 $883 $27,580 $0 $0
2013 -- $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Fowler

    Seller's Agent in 2020

    Mary Fowler

    Bella Beach Properties

    (251) 752-7015

    10 in this area

    15 Total Sales

    Mary Fowler
    Section Image
  • David Swiger

    Buyer's Agent in 2020

    David Swiger

    Swiger & Company

    (251) 609-2873

    10 in this area

    172 Total Sales

    David Swiger
    Section Image
  • David Egbert

    Seller's Agent in 2018

    David Egbert

    Alabama Beach Realty LLC

    (251) 752-4224

    6 in this area

    52 Total Sales

    David Egbert
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Ronald McElrath

    Alabama Beach Realty LLC

    (251) 223-2422

    6 in this area

    13 Total Sales

    Ronald McElrath
    Section Image

  • K

    Buyer's Agent in 2018

    Kathy Jumper-Drago

    eXp Realty Southern Branch

    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 298772

Baldwin REALTORS®

APN: 65-02-12-0-000-124.001

Alabama Baldwin County Orange Beach 36561

4688 Walker Ave Unit B1, Orange Beach, AL

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