NOT LISTED FOR SALE

540 Portofino Loop Foley, AL 36535

Estimated Value: $138,162 - $199,000

5.52 Acres
$29,219 Price per Acre
240,451 Sq Ft Lot

Last Sold May 08, 2024

Last sale price $133,000

Est. 21% increase in value since last sale

Current estimated payment $1,252/month

105 Days on Market

Highlights

  • Fishing Pier
  • Fitness Center
  • Gated Community
  • Access To Lake
  • RV Hookup
  • Clubhouse

About This Lot

As of May 2024

Luxury Class A (15 yrs or newer and length of 32' or greater) Exclusive Motor Coach Resort rated #1 in the South and in the Top 5 RV Resorts in the United States. This is an extra large East-facing site. For your outdoor enjoyment, this site features a 16' x 16' custom built pavilion including lighting, ceiling fan and louvers that provide afternoon shade while allowing for a nice breeze. The extended patio is large enough for relaxing quietly or celebrating with friends all day and into the evening and features a poly dining table for four including 2 swivel rockers. Enjoy outdoor grilling on the Weber propane grill and custom built grilling station with stressed concrete counter top and storage space. The site is enhanced with lush privacy landcsaping. Even with all of the amenities, this over-sized lot has additional space for other upgrades such as a casita. Also enjoy quick access to the resort's clubhouse, infinity pool, gym and movie theater. Resort amenities include a 6,000 sq ft clubhouse, zero entry infinity edge pool, hot tub, well-appointed fitness center, wet/dry sauna, movie theater room, stocked lake, dog parks & dog wash, and daily activities for guests. Low COA fees and property tax!

Last Agent to Sell the Property

Denise Peoples

Bella Terra Realty, LLC Listed on: 01/04/2024

Last Buyer's Agent

Denise Peoples

Bella Terra Realty, LLC Listed on: 01/04/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $801

Lot Details

  • Landscaped
  • Finished Lot(s)

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • RV Hookup

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 61-05-15-0-000-005.002.901

Community Details

Overview

  • Bella Terra Rv Resort Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Laundry Facilities
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Fitness Center
  • Community Pool
  • Community Spa
  • Access To Lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$801

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Rv Lot Improved
  • Restrictive Covenants: Yes
  • View: Eastern View
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-05-15-0-000-005.002.901
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bella Terra RV Resort
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Property Type: Lake Accs (Wlk <=1/4 Mi)

Utilities

  • Utilities: Cable Tv, Gas-Natural, Rv Hookup, Sewage-City, Underground Utilities, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 330
  • Association Management Email: julie@bellaterrarvresort.com
  • Community Amenities: Bbq Area, Club House, Exercise Room, Fishing Pier, Gazebo, Internet, Landscaping, Laundry Facilities, Meeting Room, Pool - Outdoor, Pets - Allowed, Spa/Hot Tub, Steam/Sauna, Gated

Lot Info

  • Lot Block Unit: 50
  • Lot Description: Less Than 1 Acre
  • Lot Size: 4499 sq ft

Tax Info

  • Property Taxes: 800.58
  • Assessor Parcel Number: 340403

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High
  • Middle School: Foley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 8, 2024
Sold by
Bella Terra Llc
Bought by
Terrance P And Catherine R Hughes Joint Trust and Hughes
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$164,900
Sold Price
$133,000
Premium/Discount to List
-$31,900
-19.35%
Views
18
Current Estimated Value
$161,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,291
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Jan 23, 2020
Sold by
Bella Terra Llc
Bought by
Hughes Terrance P and Hughes Joi Catherine
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
Terrance P And Catherine R Hughes Joint Trust $79,200 None Listed On Document
Hughes Terrance P $79,200 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $133,000 -4.9% --
04/18/2024 04/18/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $139,900 -15.2% --
01/04/2024 01/04/24 For Sale $164,900 -- --
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 $889 $26,940 $20,500 $6,440
2023 $875 $26,520 $22,000 $4,520
2022 $801 $24,260 $0 $0
2021 $561 $19,740 $0 $0
2020 $495 $15,000 $0 $0
2019 $653 $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 355823

Baldwin REALTORS®

APN: 61-05-15-0-000-005.002-901