NOT LISTED FOR SALE

5340 Pensacola Ave Orange Beach, AL 36561

Estimated Value: $612,000 - $809,000

3 Beds
2.5 Baths
2,100 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $710,000 $338 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,078/month

71 Days on Market

Highlights

  • Access to Bay or Harbor
  • Furnished
  • Screened Porch
  • Vaulted Ceiling
  • Great Room
  • Walk-In Closet

About This Home

As of November 2022

This is the life Jimmy Buffet sings about! Check out this FULLY FURNISHED immaculate home ready for new owners. Built by Greg Kennedy in 2018, this 3 bedroom 2 and a half bath features the perfect 2 story split floor plan with 2 bedrooms downstairs with its own living area and the primary suite upstairs with the living and kitchen/ dining area.This Gold Fortified home in the desired Bear Point Subdivision has a metal roof, hardy plank siding, energy efficient foam insulation and vaulted ceilings. Inside you will find stainless steel appliances, granite countertops, a custom tile shower in the primary suite, and white-washed shiplap walls in the kitchen, living and dining area. The downstairs has stained concrete floors while the upstairs has tile that looks like hardwood. No carpet! The home also has a gas fireplace and a gas instant hot water heater. The backyard is a tropical oasis complete with a storage shed that has water and power, a water fountain, coquina rock walkways, lush landscaping, and your very own tiki bar! The tiki bar could easily be converted to an outdoor kitchen. There is zero maintenance and no mowing is required. Bear Point is a wonderful neighborhood that has an optional HOA you can join for only $125 a year and includes access to a boat ramp, pier, trailer storage, a playground, a private beach and a clubhouse. Live like a local year round, part time or invest in this great house as a long term rental property until you are ready to do so! Call to set up a showing today!

Last Agent to Sell the Property

Kristina Halfacre

RE/MAX of Orange Beach Listed on: 08/17/2022

RE/MAX of Orange Beach

Last Buyer's Agent

Kristina Halfacre

RE/MAX of Orange Beach Listed on: 08/17/2022

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 2018

Lot Details

  • 5,009

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Shower Only

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Grinder Pump

Additional Features

  • Access to Bay or Harbor
  • Lot Dimensions are 50x100

Community Details

  • Property has a Home Owners Association
  • Association fees include management, common area insurance, common area maintenance, recreational facilities, reserve funds, clubhouse
  • Bear Point Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 62-07-37-0-006-029.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,241

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Porch-Screened, Split Bedroom Plan, Vaulted Ceiling
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Raised Beach
  • Owners Association: Yes
  • Parcel Id Tax Id: 62-07-37-0-006-029.000
  • Year Built: 2018
  • Geo Subdivision: AL
  • Living Room Group: Great Room
  • Property Legal Description: 50' X 100' LOT 560 BEAR POINT EST PB4 P110 LYING IN THE CITY OF ORANGE BEACH SEC 37-T8S-R5E (WD/SURV
  • Subdivsn Or Commnty: Bear Point
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Smoke Detector
  • Estimated Living Area: 2100
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14.8x12.3, On Level: Main Level
  • Bedroom 3: Dimensions: 14.8x12.2, On Level: Main Level
  • Bedrooms: 3
  • Fireplace: Living Room, Gas Start
  • Floors: Carpet, Natural Stone, Tile
  • Great Room: Dimensions: 30x20.4, On Level: 2
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 15x7.4, On Level: 2
  • Master Bed: Dimensions: 14.8x16.9, On Level: 2
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 338.1
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only, Walk In Closet

Exterior Features

  • Roof: Metal
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Tier 4

Utilities

  • Heat Cooling: Central Gas (Cool)
  • Utilities: Gas-Natural, Grinder Pump, Sewage-City, Water Heater-Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Clubhouse

Schools

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

Lot Info

  • Lot Block Unit: 560
  • Lot Description: Less Than 1 Acre
  • Lot Size: 50x100

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 1241.40
  • Assessor Parcel Number: 8337

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Nov 14, 2022
Sold by
Garland Patricia A and Garland Michael R
Bought by
Mary S Orear Trust
Seller's Agent
Kristina Halfacre
RE/MAX of Orange Beach
Buyer's Agent
Kristina Halfacre
RE/MAX of Orange Beach
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Views
143
Current Estimated Value
$724,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,620
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jul 20, 2018
Sold by
Greg Kennedy Inc
Bought by
Garland Patricia A and Garland Michael R
Seller's Agent
Patrick Daily
RE/MAX of Orange Beach
Buyer's Agent
Kristina Halfacre
RE/MAX of Orange Beach
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$328,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2017
Sold by
Loewen William F and Loewen Victoria M
Bought by
Kennedy J Gregory

Purchase Details

Closed on
Aug 30, 2016
Sold by
Snac Real Estate Inc
Bought by
Loewen William F and Loewen Victoria M
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
Mary S Orear Trust $710,000 --
Garland Patricia A $410,000 None Available
Kennedy J Gregory $65,000 None Available
Loewen William F $50,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garland Patricia A $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $710,000 -0.7% $338 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $715,000 -1.4% $340 / Sq Ft
08/17/2022 08/17/22 For Sale $725,000 +76.8% $345 / Sq Ft
07/20/2018 07/20/18 Sold $410,000 0.0% $195 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $410,000 -- $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 $1,921 $60,020 $17,160 $42,860
2023 $1,769 $57,200 $14,580 $42,620
2022 $1,455 $47,380 $0 $0
2021 $1,241 $41,020 $0 $0
2020 $1,219 $38,100 $0 $0
2019 $1,164 $36,360 $0 $0
2018 $352 $11,000 $0 $0
2017 $320 $10,000 $0 $0
2016 $230 $7,200 $0 $0
2015 -- $6,800 $0 $0
2014 -- $4,940 $0 $0
2013 -- $4,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 335400

Baldwin REALTORS®

APN: 62-07-37-0-006-029.000