NOT LISTED FOR SALE

5240 Florida Ave Orange Beach, AL 36561

Estimated Value: $519,312 - $596,000

3 Beds
2 Baths
1,328 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $439,000 $331 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,984/month

13 Days on Market

Highlights

  • Fishing Pier
  • Traditional Architecture
  • Screened Porch
  • Bay View
  • Wood Flooring
  • Living Room

About This Home

As of June 2022

Breath taking sunsets with indirect views of open water. So many options within this place with the exterior space. Property sits on two beautiful lots! Well manicured lot filled with beautiful blooming flowers and trees. Exterior of property features a year old metal roof, year old grinder pump, year old hvac, sprinkler system, 12x20 wired shop, storm shutters, and memory vinyl with screens on the sunroom. Interior features stained concrete floors in the living area with custom compass pointed true North. Beautiful crown molding added. Granite breakfast bar, pecan hardwood floors in the kitchen and dining. Spacious laundry area with built in shelves. Kitchen features granite countertops lazy susan built ins in cabinets, pull out shelving as well. Property has tons of great little features! Sit at the breakfast bar in the early morning and enjoy the indirect views of the water. Just a stones throw from Bayou St John, close to Bear Point Harbor Marina, waterfront parks, & OSO Restaurant. The home and lots are not in a FLOOD zone! Home being sold partially furnished! The Bear Point neighborhood is a voluntary very low priced HOA. If you want access to the boat launch you will pay $200/yr membership or you can choose to exclude the boat launch and just pay $100/yr and have access to the private neighborhood beach, swimming pier, fishing pier, and ongoing renovations to the park and beach area.

Last Agent to Sell the Property

Robb Colley

Coastal Stays Realty Listed on: 05/04/2022

Coastal Stays Realty

Last Buyer's Agent

Mallory Wilkins

Anchor South Property Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 100x100
  • Level Lot
  • Few Trees
  • 2 Lots in the community

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Living Room
  • Screened Porch
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 62-07-37-0-007-050.000

Community Details

Overview

  • Bear Point Estates Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1977

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab & Piers
  • Construction Status: Resale
  • Flood Zone: x
  • Property Amenities: Ceiling Fan(s), Irrigation Sprinkler, Porch-Open, Porch-Screened, Storage Building
  • Property Type: Residential Detached
  • Style: Traditional
  • View: Western View, Indirect Bay-Across Rd
  • Parcel Id Tax Id: 62-07-37-0-007-050.000
  • Year Built: 1977
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: 10' X 100' Lot 936 & 937 Bear Point Estates Pb4 Pg114 Lying In The City Of Orange Beach
  • Subdivsn Or Commnty: Bear Point Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 1328
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 9.5x11, On Level: Main Level
  • Bedroom 3: Dimensions: 10x11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10x13, On Level: Main Level
  • Floors: Tile, Wood
  • Kitchen: Dimensions: 14x8.5, On Level: Main Level
  • Living Room: Dimensions: 17x19, On Level: Main Level
  • Master Bed: Dimensions: 11x15, On Level: Main Level
  • Price Per Sq Ft: 330.57
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Tub/Shower Combo, Single Vanity

Exterior Features

  • Boat Facilities: Boat Ramp
  • Exterior Finish: Vinyl, Wood
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Grinder Pump, Sewage-City, Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 200
  • Community Amenities: Bbq Area, Fishing Pier

Lot Info

  • Lot Block Unit: 936,937
  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Lot Size: 100x100
  • Multiple Lots: Yes
  • Number Lots: 2

Rental Info

  • Furnished: Partially
  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 500
  • Assessor Parcel Number: 39716

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 27, 2022
Sold by
Chaney Charles L
Bought by
West Eric Scott and West Maegan Wrenn
Seller's Agent
Robb Colley
Coastal Stays Realty
Buyer's Agent
Mallory Wilkins
Anchor South Property Services
List Price
$459,900
Sold Price
$439,000
Premium/Discount to List
-$20,900
-4.54%
Current Estimated Value
$551,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,578
Avg. Annual Appreciation
7.10%
Original Mortgage
$389,000
Outstanding Balance
$365,399
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$186,179
Source: Public Records

Range of Values:

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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
West Eric Scott $439,000 Morgan Michael D
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Eric Scott $389,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $439,000 -4.5% $331 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $459,900 +192.0% $346 / Sq Ft
07/11/2013 07/11/13 Sold $157,500 0.0% $119 / Sq Ft View Prior Sale
07/11/2013 07/11/13 Sold $157,500 0.0% $119 / Sq Ft View Prior Sale
06/11/2013 06/11/13 Pending -- -- --
06/03/2013 06/03/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $157,500 -- $119 / 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 $958 $31,840 $17,160 $14,680
2023 $891 $29,740 $14,580 $15,160
2022 $597 $24,780 $0 $0
2021 $394 $17,300 $0 $0
2020 $423 $17,980 $0 $0
2019 $369 $15,860 $0 $0
2018 $337 $14,580 $0 $0
2017 $292 $12,840 $0 $0
2016 $377 $11,780 $0 $0
2015 -- $11,600 $0 $0
2014 -- $9,540 $0 $0
2013 -- $9,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robb Colley

    Seller's Agent in 2022

    Robb Colley

    Coastal Stays Realty

    (334) 315-2700

    11 in this area

    38 Total Sales

    Robb Colley
    Section Image
  • Mallory Wilkins

    Buyer's Agent in 2022

    Mallory Wilkins

    Anchor South Property Services

    (205) 365-4483

    18 in this area

    45 Total Sales

    Mallory Wilkins
    Section Image

  • D

    Seller's Agent in 2013

    Dana O'Farrell

    RealtySouth Orange Beach

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 330113

Baldwin REALTORS®

APN: 62-07-37-0-007-050.000

Alabama Baldwin County Orange Beach 36561

5240 Florida Ave, Orange Beach, AL

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