NOT LISTED FOR SALE

5394 Palmetto Drive Extension Orange Beach, AL 36561

Estimated Value: $826,000 - $1,488,000

0.2 Acre
$5,636,520 Price per Acre
8,712 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $335,000

Est. 237% increase in value since last sale

Current estimated payment $6,232/month

306 Days on Market

About This Lot

As of May 2018

Direct waterfront lot on beautiful Bayou La Launch. Perfect for boating, fishing, swimming, relaxing. For a minimal yearly fee you can have access to the neighborhood amenities...waterfront parks, boat launch, private beach. Bulkhead already in place.

Last Agent to Sell the Property

Jane Goe

Brett R/E Robinson Dev OB Listed on: 07/06/2017

Last Buyer's Agent

Carrie Williams

World Impact Real Estate

World Impact Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,781

Lot Details

  • 8,712 Sq Ft Lot
  • Property Fronts a Bay or Harbor

Location

  • Mineral Rights

Schools

  • Orange Beach Elementary School
  • Gulf Shores High School

Listing and Financial Details

  • Assessor Parcel Number 6207360003045000

Community Details

Overview

  • East Orange Beach Subdivision

Recreation

  • Fishing Pier
  • Access to Bay or Harbor

Property Details

Property Type

Land

Est. Annual Taxes

$1,781

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Mineral Rights: Owner Conveys If Any
  • Property Type: Residential Lots
  • Zoning Area: Single Family Residence
  • Lot Type: Land
  • Parcel Id Tax Id: 6207360003045000
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: East Orange Beach
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1675000

Exterior Features

  • Body Of Water: Bay La Launch
  • Waterfront: Yes
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Bay Front
  • Road Description: City Street
  • Road Frontage: 50

Utilities

  • Utilities: Sewage-City Available, Water-City

Condo/Co-op/Association

  • Community Amenities: Fishing Pier

Schools

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

Lot Info

  • Estimated Lot Size: 0.2
  • Lot Description: Less Than 1 Acre
  • Number Lots: 1

Tax Info

  • Property Taxes: 1781
  • Assessor Parcel Number: 002725

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
May 15, 2018
Sold by
Harman Merrill Patsy Gail
Bought by
Godwin Michael Bradley and Godwin Terina Dawn
Seller's Agent
Jane Goe
Brett R/E Robinson Dev OB
Buyer's Agent
Carrie Williams
World Impact Real Estate
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Current Estimated Value
$1,127,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,304
Avg. Annual Appreciation
17.69%
Original Mortgage
$251,250
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Godwin Michael Bradley $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Godwin Michael Bradley $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $335,000 -8.2% --
05/08/2018 05/08/18 Pending -- -- --
07/06/2017 07/06/17 For Sale $365,000 -- --
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 $3,826 $121,480 $63,000 $58,480
2023 $3,331 $106,000 $57,280 $48,720
2022 $2,954 $94,220 $0 $0
2021 $2,439 $78,100 $0 $0
2020 $2,248 $70,240 $0 $0
2019 $1,946 $60,820 $0 $0
2018 $1,754 $54,820 $0 $0
2017 $1,647 $51,480 $0 $0
2016 $1,782 $55,680 $0 $0
2015 -- $55,660 $0 $0
2014 -- $22,240 $0 $0
2013 -- $21,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jane Goe

    Brett R/E Robinson Dev OB

    (251) 979-4211

    41 in this area

    72 Total Sales

    Jane Goe
    Section Image
  • Carrie Williams

    Buyer's Agent in 2018

    Carrie Williams

    World Impact Real Estate

    (251) 236-5503

    5 in this area

    16 Total Sales

    Carrie Williams
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 255628

Baldwin REALTORS®

APN: 62-07-36-0-003-045.000

Alabama Baldwin County Orange Beach 36561

5394 Palmetto Drive Extension, Orange Beach, AL

This home is located at 5394 Palmetto Drive Extension, Orange Beach, AL 36561 since 06 July 2017 and is currently estimated at $1,127,304. 5394 Palmetto Drive Extension is a home located in Baldwin County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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