NOT LISTED FOR SALE

5265 Bay Dr Orange Beach, AL 36561

Estimated Value: $1,001,184

0.54 Acre
$1,854,044 Price per Acre
23,522 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $675,000

Est. 48% increase in value since last sale

Current estimated payment $5,714/month

160 Days on Market

About This Lot

As of October 2020

BEST SUNSETS IN TOWN. BUILD READY LOT IN HEART OF ORANGE BEACH. WATER, SEWER, AND POWER ALREADY IN PLACE. PIER IN PLACE. OLD HARD WOODS AT ROAD FRONT. NEW PIER BUILT WITH 2 X 6 PRESSURE TREATED WOOD AND ALL STAINLESS STEEL SCREWS AND HARDWARE. OUT OF WAKE ZONES. CLOSE TO ELEMENTARY SCHOOL AND REC CENTER. VERY RARE LOCATION. WON'T LAST LONG

Last Agent to Sell the Property

Vince Burchfield

Brett R/E Robinson Dev OB Listed on: 03/13/2020

Last Buyer's Agent

Angelo DePaola

EXP Realty Seaside

EXP Realty Seaside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,386

Lot Details

  • Lot Dimensions are 80 x 292
  • Property Fronts a Bay or Harbor
  • Few Trees
  • Finished Lot(s)

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Community Details

  • Pier

Listing and Financial Details

  • Assessor Parcel Number 061642

Property Details

Property Type

Land

Est. Annual Taxes

$2,386

Listing Details

  • Class: Lots And Land
  • Property Type: Residential Lots
  • View: Direct Bay Front
  • Associated Document Count: 1
  • Lot Type: Lot
  • Parcel Id Tax Id: 061642
  • Geo Subdivision: AL
  • Property Legal Description: 80 X 292 HUGE DOUBLE LOT (31,32) IN HEART OF ORANGE BEACH. DEEP WATER, PIER, BUILD READY.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Boat Facilities: Boat Dock, Power Available, Water Depth (4 Ft+)
  • Body Of Water: Wolf Bay
  • Waterfront: Yes
  • Water Property Type: Bay Front

Utilities

  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Community Amenities: Pets - Owners Only

Lot Info

  • Lot Description: Some Trees, Waterfront, Pier
  • Lot Size: 80 X 292
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 2386
  • Assessor Parcel Number: 041758

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Oct 5, 2020
Sold by
Burchfield Vince E
Bought by
Roli Holdings Lp
Seller's Agent
Vince Burchfield
Brett R/E Robinson Dev OB
Buyer's Agent
Angelo DePaola
EXP Realty Seaside
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%
Current Estimated Value
$1,001,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,184
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Mar 3, 2020
Sold by
Beasley Properties Inc
Bought by
Burchfield Vince E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2019
Sold by
Hare Sidney W
Bought by
Beasley Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roli Holdings Lp $675,000 None Available
Burchfield Vince E $400,000 Law And Land Title Llc
Beasley Properties Inc $500,000 Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burchfield Vince E $400,000
Previous Owner Beasley Properties Inc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $675,000 -6.1% --
08/20/2020 08/20/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $719,000 +5.6% --
08/06/2020 08/06/20 Price Changed $681,000 -2.2% --
05/02/2020 05/02/20 Price Changed $696,000 +1.0% --
03/13/2020 03/13/20 For Sale $689,000 -- --
Source: Baldwin REALTORS®

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 $5,376 $168,000 $168,000 $0
2023 $4,911 $152,720 $152,720 $0
2022 $3,886 $121,440 $0 $0
2021 $3,386 $105,800 $0 $0
2020 $3,060 $95,620 $0 $0
2019 $2,664 $83,260 $0 $0
2018 $2,387 $74,580 $0 $0
2017 $2,259 $70,580 $0 $0
2016 $2,400 $75,000 $0 $0
2015 -- $74,900 $0 $0
2014 -- $64,660 $0 $0
2013 -- $31,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 296103

Baldwin REALTORS®

APN: 62-08-33-4-001-012.000

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