NOT LISTED FOR SALE

4688 Walker Ave Unit C1 Orange Beach, AL 36561

Estimated Value: $1,062,325 - $1,428,000

4 Beds
3 Baths
2,600 Sq Ft
$478/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $560,000 $215 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $6,919/month

88 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Wood Flooring
  • Marina View
  • Clubhouse
  • 5-minute walk to Dog Park

About This Home

As of June 2020

Orange Beach's hidden gem. Rarely do you find these homes on the market. Orinoco Cove is a picturesque private marina community. This mediterranean style home has left no architectural detail undone. From the wood beams, terracotta floors, arches and magnificent fireplace you will love calling this home. The kitchen has been updated with granite countertops, backsplash, sink, cooktop (with downdraft), refrigerator and microwave. New gutters, granite in bathroom and Geothermal AC and heating. Relax on not 1 but 2 decks overlooking Terry Cove (breath taking), lounge by the pool, entertain in the open air clubhouse, take a quick ride to the Gulf of Mexico or hop in your golf cart to the Tiki Bar next door. This home comes with Slip #7 which is 20X50 with a 12,000 lb lift. Slip has power, water and cable! The clubhouse boasts a large open air entertaining space with grills, restrooms, microwave, commercial ice machine, preparation counter with sink. All these amenities at very low HOA fees.

Last Agent to Sell the Property

Monty Gilbert

RE/MAX Paradise Listed on: 03/01/2020

RE/MAX Paradise

Last Buyer's Agent

Monty Gilbert

RE/MAX Paradise Listed on: 03/01/2020

RE/MAX Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 40 x40
  • Waterfront

HOA Fees

  • $197 Monthly HOA Fees

Property Views

  • Marina
  • Gulf

Home Design

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

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Dual Closets
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Slip or Dock Located at 7

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 65-02-12-0-000-124.012

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, trash, clubhouse, pool
  • Orinoco Cove Community
  • Orinoco Cove Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 1998

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: AE,0.2 PCT
  • Intersecting Street: Canal Road
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), En-Suite, High Ceilings, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • View: Indirect Gulf Side, Marina View
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-02-12-0-000-124.012
  • Year Built: 1998
  • Geo Subdivision: AL
  • Deeded Boat Slip Number: 7
  • Living Room Group: Living Room
  • Property Legal Description: 40' X 40' LOT C1 & A 1/60TH INT IN COMMON AREA & THE RIGHT T O POSSESS BOAT SLIP3 7 ORINOCO COVE SLI
  • Subdivsn Or Commnty: Orinoco Cove
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/Ice Maker, Smoke Detector, Washer, Cooktop
  • Estimated Living Area: 2600
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 14x12, On Level: 3
  • Bedroom 3: Dimensions: 12x12, On Level: Main Level
  • Bedroom 4: Dimensions: 12x12, On Level: 2
  • Bedrooms: 4
  • Fireplace: Living Room, Woodburning
  • Floors: Carpet, Tile, Wood
  • Kitchen: Dimensions: 12x15, On Level: 2
  • Living Room: Dimensions: 24x12, On Level: 2
  • Master Bed: Dimensions: 14x12, On Level: 3
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 215.38
  • Property Interior Stories: 3
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, Multiple Walk in Closets, Balcony/Patio

Exterior Features

  • Boat Facilities: Boat Lift, Power Available, Slip-Deeded, Water Depth (4 Ft+)
  • Body Of Water: Terry Cove
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Other Heat-See Remarks
  • Utilities: Cable Tv, Sewage-City, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 197
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Trash, Clubhouse, Pool
  • Community Amenities: Bbq Area, Club House, Pool - Outdoor, Pets - Owners Only, Water Access-Deeded
  • Condo Complex: Orinoco Cove

Lot Info

  • Lot Block Unit: C1
  • Lot Description: Less Than 1 Acre
  • Lot Size: 40 x40

Tax Info

  • Property Taxes: 1751.68
  • Assessor Parcel Number: 209901

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Lds Express Llc
Bought by
Morris Randy Dale and Morris Kathy L
Current Estimated Value
$1,243,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$735,593
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$507,488

Purchase Details

Listed on
Mar 1, 2020
Closed on
Jun 30, 2020
Sold by
Prebianca Joseph and Prebianca Leslie
Bought by
Lds Express Llc
Seller's Agent
Monty Gilbert
RE/MAX Paradise
Buyer's Agent
Monty Gilbert
RE/MAX Paradise
List Price
$639,000
Sold Price
$560,000
Premium/Discount to List
-$79,000
-12.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$448,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 15, 2014
Sold by
Luckie William L and Luckie Erlinda F
Bought by
Prebianca Joseph and Prebianca Leslie

Purchase Details

Closed on
Feb 8, 2006
Sold by
Luckie William and Luckie Erlinda
Bought by
Luckie William L and Luckie Erlinda F
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
Morris Randy Dale $1,000,000 None Available
Lds Express Llc $560,000 None Available
Prebianca Joseph $420,000 None Available
Luckie William L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Randy Dale $800,000
Previous Owner Lds Express Llc $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $560,000 -8.9% $215 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $615,000 -1.3% $237 / Sq Ft
04/24/2020 04/24/20 Price Changed $622,900 -1.8% $240 / Sq Ft
03/24/2020 03/24/20 Price Changed $634,000 -0.8% $244 / Sq Ft
03/02/2020 03/02/20 For Sale $639,000 -- $246 / 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 $2,201 $87,700 $16,640 $71,060
2023 $3,204 $100,120 $25,920 $74,200
2022 $4,342 $135,700 $0 $0
2021 $3,745 $115,720 $0 $0
2020 $1,798 $56,200 $0 $0
2019 $1,752 $54,740 $0 $0
2018 $1,484 $46,360 $0 $0
2017 $1,409 $44,040 $0 $0
2016 $1,421 $44,400 $0 $0
2015 $1,361 $42,520 $0 $0
2014 $871 $35,540 $0 $0
2013 -- $35,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monty Gilbert

    Seller's Agent in 2020

    Monty Gilbert

    RE/MAX

    (251) 656-9678

    11 in this area

    35 Total Sales

    Monty Gilbert
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Map

Source: Baldwin REALTORS®

MLS Number: 295398

Baldwin REALTORS®

APN: 65-02-12-0-000-124.012

Alabama Baldwin County Orange Beach 36561

4688 Walker Ave Unit C1, Orange Beach, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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