NOT LISTED FOR SALE

492 Portofino Loop Foley, AL 36535

Estimated Value: $127,000 - $267,000

14 Acres
$11,655 Price per Acre
609,840 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $125,000

Est. 31% increase in value since last sale

Current estimated payment $1,248/month

81 Days on Market

About This Lot

As of April 2024

Welcome to Bella Terra, a Luxury Motor Coach Resort, with immaculate landscaping, creating a warm and inviting atmosphere. 492 Portofino Loop is an oversized terraced lot located in the back SW corner of the Resort is a stunning site featuring an upgraded extra-large concrete and stone patio with a stacked block retaining wall combining elegance and a touch of Southern charm, creating a private haven for those seeking the RV lifestyle. The landscaped yard has large trees in the back blocking the setting sun while providing a serene oasis, perfect for outdoor activities and relaxation. Imagine enjoying your morning coffee on the spacious patio or hosting gatherings on summer evenings. When the temps are cooler, all can gather around the large natural gas fire pit to share stories of their traveling adventures! With over 4500 sf, this site offers room to add an outdoor kitchen, casita, or pavilion. Bella Terra offers a range of amenities, including a infinity pool with hot tub, clubhouse, fitness room, wet/dry sauna, movie theater, stocked lake, putting green, 4 laundry/bath houses with one just across the street from this lot. There are 2 fenced dog parks as well as an indoor dog wash! In addition to all these features, the resort has organized events for owners and visitors during the year. The beautiful Gulf Coast beaches of Gulf Shores and Orange Beach are only about 10 miles south of the resort. Bella Terra is conveniently situated near outlet shopping, restaurants, theater plus an indoor waterpark. Add nearby golf courses and there is sure to be something for everyone! Don't miss the opportunity to make this property your own. Enjoy coastal living at 492 Portofino Loop, where luxury, comfort, and style converge to create a truly extraordinary experience. Bella Terra is restricted to Class A Coaches of 32’ or longer and newer than 15 years. Rental income opportunity. Pedestal upgraded to 60 amp. Seller will pay one year HOA fees of $3600 at closing!! A must see!

Last Agent to Sell the Property

Julie Stuart

Julie Stuart Realty, Inc Listed on: 01/01/2024

Last Buyer's Agent

Julie Stuart

Julie Stuart Realty, Inc Listed on: 01/01/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $561

Lot Details

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • RV Potential

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Additional Features

  • Finished Lot(s)
  • Heating System Uses Natural Gas
  • Property Views

Community Details

  • Bella Terra Rv Resort Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61-05-15-0-000-005.0019

Property Details

Property Type

Land

Est. Annual Taxes

$561

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Rv Lot Improved
  • View: Southern View, Western View
  • Associated Document Count: 1
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-05-15-0-000-005.0019
  • Geo Subdivision: AL
  • Property Legal Description: Lot 40 Bella Terra RV Resort
  • Subdivsn Or Commnty: Bella Terra RV Resort
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Property Type: No Waterfront

Utilities

  • Utilities: Gas-Natural, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 330
  • Association Management Email: btboard@bellaterrarvresort.com

Schools

  • Elementary School: Foley Elementary
  • Middle School: Foley Middle
  • High School: Foley High

Lot Info

  • Lot Block Unit: 40
  • Lot Description: Less Than 1 Acre
  • Lot Size: 4509 sq ft

Tax Info

  • Property Taxes: 561.00
  • Assessor Parcel Number: 347967

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High
  • Middle School: Foley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 1, 2024
Sold by
Spears Spencer W and Spears Patricia L
Bought by
Monteith Donald and Monteith Lori
Seller's Agent
Julie Stuart
Julie Stuart Realty, Inc
Buyer's Agent
Julie Stuart
Julie Stuart Realty, Inc
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Views
48
Current Estimated Value
$163,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,170
Avg. Annual Appreciation
18.63%

Purchase Details

Closed on
Mar 1, 2023
Sold by
Basker Michael R and Basker Lucille F
Bought by
Spears Spencer and Spears Patricia

Purchase Details

Closed on
Feb 7, 2020
Sold by
Bella Terra Llc
Bought by
Spears Patricia L and Spears Spencer W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,040
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 5, 2017
Sold by
Magnolia Partners Llc
Bought by
Palm Park Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Monteith Donald $125,000 None Listed On Document
Spears Spencer $320,000 None Listed On Document
Spears Patricia L $87,200 None Available
Palm Park Llc $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spears Patricia L $61,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $125,000 -10.7% --
03/22/2024 03/22/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $139,900 +60.4% --
06/17/2020 06/17/20 Sold $87,200 -20.0% -- View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $109,000 -- --
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 $677 $20,500 $20,500 $0
2023 $726 $22,000 $22,000 $0
2022 $651 $19,740 $0 $0
2021 $561 $19,740 $0 $0
2020 $495 $15,000 $0 $0
2019 $653 $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 355708

Baldwin REALTORS®

APN: 61-05-15-0-000-005.001-912