NOT LISTED FOR SALE

53 Parks Edge Orange Beach, AL 36561

Estimated Value: $974,231 - $1,207,000

4 Beds
4.5 Baths
2,600 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $508,550 $196 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,309/month

117 Days on Market

Highlights

  • Community Beach Access
  • FORTIFIED Gold
  • Cottage
  • New Construction
  • Community Pool
  • Hurricane or Storm Shutters

About This Home

As of October 2019

Another Truland home being built in Parks Edge. This house is in the Heart of Orange Beach with deeded assess to the Beach and a bridge to the Bike paths in the Gulf State Park. It is 2600 square feet with 4 bedrooms and 4.5 bathes. The Metal roof and hardy board siding make it look like a Seaside cottage. It is being built to fortified Gold standards and has 10 foot ceiling and 8 foot doorways on the first floor. Many up grades such as granite, wood plank tile, SS appliances and painted wood cabinets are though out the home. Short term rental is available at Parks Edge so it is a great investment opportunity. All measurements should be verified by buyer or buyers agent. House is projected to be complete July/August 2019. The photo in MLS is the elevation of the finished House, this house is under construction.

Last Agent to Sell the Property

Kay Meador

New Home Star Alabama, LLC Listed on: 02/03/2019

Last Buyer's Agent

Stephen Harrison

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3,615

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Metal Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Home Security

  • Hurricane or Storm Shutters
  • Termite Clearance

Schools

  • Orange Beach Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Grinder Pump
  • Cable TV Available

Additional Features

  • FORTIFIED Gold
  • Zero Lot Line

Community Details

Overview

  • Association fees include management, common area insurance, trash, water/sewer, pool
  • Park's Edge Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,709

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab, Fortified-Gold
  • Construction Status: New Construction
  • Property Amenities: Porch-Open, Termite Contract
  • Property Type: Residential Detached
  • Style: Cottage
  • View: Southern View
  • Parcel Id Tax Id: 000
  • Year Built: 2019
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Subdivsn Or Commnty: Park's Edge
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric
  • Estimated Living Area: 2600
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 14x14, On Level: 2
  • Bedroom 3: Dimensions: 16x14, On Level: 2
  • Bedroom 4: Dimensions: 15x15, On Level: 2
  • Bedrooms: 4
  • Dining Area: Dimensions: 14x14.8, On Level: Lower Level
  • Floors: Carpet
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12x18, On Level: Lower Level
  • Living Room: Dimensions: 13x13, On Level: Lower Level
  • Master Bed: Dimensions: 16x14, On Level: Main Level
  • Price Per Sq Ft: 195.6
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Walk In Closet

Exterior Features

  • Exterior Finish: Concrete Board, Storm Shutters
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric, Heat Pump
  • Utilities: Cable Tv, Grinder Pump, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 1290
  • Association Fees Include: Association Management, Common Area Insurance, Trash, Water/Sewer, Pool
  • Community Amenities: Pool - Outdoor

Schools

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

Lot Info

  • Lot Block Unit: Lot 1
  • Lot Description: Less Than 1 Acre, Zero Lot Line

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 000
  • Assessor Parcel Number: 000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
Oct 15, 2019
Sold by
Truland Homes Llc
Bought by
Ray Hammer Barrett Bratton and Hammer Hilary J
Seller's Agent
Kay Meador
New Home Star Alabama, LLC
Buyer's Agent
Stephen Harrison
RE/MAX of Gulf Shores
List Price
$507,200
Sold Price
$508,550
Premium/Discount to List
$1,350
0.27%
Current Estimated Value
$1,107,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,008
Avg. Annual Appreciation
13.75%
Original Mortgage
$330,000
Outstanding Balance
$255,071
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$852,487

Purchase Details

Closed on
Apr 2, 2015
Sold by
Cottages At Romar Llp
Bought by
Hercules Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,581,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2013
Sold by
Tannin Inc
Bought by
Cottages At Romar Llp
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
Ray Hammer Barrett Bratton $508,550 None Available
Hammer Barrett Bratton Ray $508,550 None Available
Hercules Investments Llc $540,586 First American Title Ins Co
Cottages At Romar Llp $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammer Barrett Bratton Ray $330,000
Closed Ray Hammer Barrett Bratton $330,000
Previous Owner Hercules Investments Llc $1,581,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $508,550 +0.3% $196 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/26/2019 05/26/19 For Sale $507,200 0.0% $195 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
02/03/2019 02/03/19 For Sale $507,200 -- $195 / 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 $4,709 $147,160 $40,040 $107,120
2023 $4,746 $148,300 $35,640 $112,660
2022 $3,935 $122,960 $0 $0
2021 $3,343 $106,460 $0 $0
2020 $1,578 $49,300 $0 $0
2019 $580 $18,120 $0 $0
2018 $374 $11,680 $0 $0
2017 $230 $7,200 $0 $0
2016 $1,515 $47,340 $0 $0
2015 -- $94,680 $0 $0
2014 -- $91,200 $0 $0
2013 -- $76,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 279229

Baldwin REALTORS®

APN: 66-06-13-2-001-005.000