NOT LISTED FOR SALE

5500 Bear Point Ave Orange Beach, AL 36561

Estimated Value: $601,000 - $609,000

3 Beds
2 Baths
1,566 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $445,000 $284 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,504/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Jetted Tub in Primary Bathroom
  • Front Porch
  • Fishing Pier
  • High Ceiling
  • Attached Garage

About This Home

As of August 2023

JUST LISTED THIS BEAUTIFUL 3/2 BRICK HOME IN THE SOUGHT AFTER BEAR POINT ESTATES (W/OPTIONAL MEMBERSHIP FOR USE OF BEAR POINT MARINA! THIS HOME 3/2, 1566 SQ.FT. SITTING ON 100X100 LOT! WITH A BRAND NEW BACK DECK (15X26) FOR ALL THOSE COOK-OUTS SITTING UNDER THE GORGEOUS TREES, THIS PROPERTY HAS A 2-CAR CARPORT AND STORAGE SHED! THIS WOULD MAKE FOR A GREAT STARTER HOME OR INVESTMENT PROPERTY FOR A LONG TERM RENTAL! ALSO GOLF CART FRIENDLY! THE ROOF IS NEW IN 2022, FRIDGE IN 2023, HVAC AND WATER HEATER 2017 DONT MISS OUT ON THIS ONE! LOCATION, LOCATION

Last Agent to Sell the Property

Kim Ward

Kim Ward Realty, LLC Listed on: 07/24/2023

Last Buyer's Agent

Terry Causey

Goode Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 100x100
  • Partially Fenced Property
  • Level Lot
  • Property is zoned Within Corp Limits

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Bay or Harbor
  • Outdoor Storage
  • Front Porch

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 62-07037-0-001-257.000

Community Details

Overview

  • Bear Point Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1996

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: EAST CANAL RD
  • Property Amenities: Carbon Monoxide Detector, Ceiling Fan(s), Partially Fenced, High Ceilings, Storage Building, Termite Contract, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Single Story
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Parcel Id Tax Id: 62-07037-0-001-257.000
  • Year Built: 1996
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living Room
  • Property Legal Description: BEAR POINT EST ON 100X100 LOT, BRICK HOME 3/2, 1566 SQ.FT.-STARTER HOME/INVESTMENT
  • Subdivsn Or Commnty: Bear Point Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Range-Electric, Smoke Detector, Washer
  • Estimated Living Area: 1566
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 9X11, On Level: Main Level
  • Bedroom 3: Dimensions: 9X11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10X9, On Level: Main Level
  • Fireplace: Family Room, Woodburning
  • Floors: Carpet, Vinyl
  • Kitchen: Dimensions: 6X8, On Level: Main Level
  • Living Room: Dimensions: 11X20, On Level: Main Level
  • Master Bed: Dimensions: 14X14, On Level: Main Level
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 284.16
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Double Vanity, Jetted Tub, Separate Shower

Exterior Features

  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Double Carport

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Community Amenities: Bbq Area, Fishing Pier, Pets - Allowed, Water Access-Deeded

Lot Info

  • Lot Block Unit: 628/629
  • Lot Description: Level
  • Lot Size: 100X100

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 980.28
  • Assessor Parcel Number: 44534

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Nichols Grant Christopher
Bought by
Smith Michael Lamar
Current Estimated Value
$615,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$569,511
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$35,504

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 23, 2023
Sold by
Magocsi Jotham and Ackerson Erika
Bought by
Nichols Grant Christopher
Seller's Agent
Kim Ward
Kim Ward Realty, LLC
Buyer's Agent
Terry Causey
Goode Realty, LLC
List Price
$445,000
Sold Price
$445,000
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$356,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2016
Closed on
Jul 13, 2017
Sold by
Ziegler Victoria E and Frederick Ronald
Bought by
Magocsi Jotham and Ackerson Erika
Seller's Agent
Karen Clark
Goode Realty, LLC
Buyer's Agent
Kim Ward
Kim Ward Realty, LLC
List Price
$247,000
Sold Price
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$197,600
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records
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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
Smith Michael Lamar $590,000 None Listed On Document
Nichols Grant Christopher $89,000 None Listed On Document
Magocsi Jotham $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael Lamar $570,000
Previous Owner Nichols Grant Christopher $356,000
Previous Owner Magocsi Jotham $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $445,000 0.0% $284 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $445,000 +80.2% $284 / Sq Ft
07/13/2017 07/13/17 Sold $247,000 0.0% $158 / Sq Ft View Prior Sale
06/09/2017 06/09/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $247,000 -- $158 / Sq Ft
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 $3,607 $112,720 $67,960 $44,760
2023 $1,512 $49,160 $28,880 $20,280
2022 $1,174 $38,580 $0 $0
2021 $980 $32,540 $0 $0
2020 $898 $29,960 $0 $0
2019 $788 $26,540 $0 $0
2018 $1,610 $48,300 $0 $0
2017 $0 $19,820 $0 $0
2016 $0 $16,180 $0 $0
2015 -- $15,380 $0 $0
2014 -- $14,660 $0 $0
2013 -- $14,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 349198

Baldwin REALTORS®

APN: 62-07-37-0-001-257.000

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