NOT LISTED FOR SALE

5500 Mobile Ave Orange Beach, AL 36561

Estimated Value: $637,000 - $895,599

3 Beds
2.5 Baths
2,100 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $412,000 $196 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,144/month

72 Days on Market

Highlights

  • Fishing Pier
  • New Construction
  • Walk-In Closet
  • Access to Bay or Harbor
  • Vaulted Ceiling
  • Community Barbecue Grill

About This Home

As of December 2019

Don't miss out on this amazing opportunity to own BRAND NEW GOLD FORTIFIED construction in the quaint waterfront golf cart community of Bear Point Estates. Owning a home in Bear Point gives members exclusive access to to the Civic Association building, bay front park, swimming area, and boat launch. This 3 bedroom 2.5 bathroom home features a great layout. On the ground floor you will find the two guest bedrooms, a shared full bathroom, and a bonus room. As you walk up the stairs to the main floor you will be greeted by a spacious open floor plan with high vaulted ceilings perfect for entertaining. The large master bedroom will boast it's own bathroom featuring double vanities, a private water closet, and a huge walk in closet. PICK YOUR FINISHES! This home will have spray foam insulation in the attic, R19 padding in the walls, an on demand gas water heater and extra large HVAC. LOCATED IN FLOOD ZONE X (Not required to pay for flood insurance) PILING ARE IN THE GROUND, FRAMING AND TRUSSES STARTED THIS WEEK. Love shiplap and high end finishes? This is the perfect home for you!

Last Agent to Sell the Property

Kristy Bushaw

RE/MAX Paradise Listed on: 07/08/2019

RE/MAX Paradise

Last Buyer's Agent

Shelby Chapman

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $352

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 50x100
  • Level Lot

Home Design

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

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 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
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet

Outdoor Features

  • Access to Bay or Harbor

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 62-07-37-0-001-246.000

Community Details

Overview

  • $130 Additional Association Fee
  • Bear Point Estates Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$352

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Additional Amenity Fees: 130
  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: New Construction
  • Flood Zone: X
  • Property Amenities: Split Bedroom Plan, Vaulted Ceiling
  • Property Type: Residential Detached
  • Style: Raised Beach
  • Parcel Id Tax Id: 62-07-37-0-001-246.000
  • Year Built: 2019
  • Subdivsn Or Commnty: Bear Point Estates
  • Special Features: NewHome
  • 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: 14'8"x12'3", On Level: Main Level
  • Bedroom 3: Dimensions: 14'8"x12'2", On Level: Main Level
  • Bedrooms: 3
  • Floors: Carpet, Natural Stone, Tile
  • Great Room: Dimensions: 30'x20'4", On Level: 2
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 15'x7'4", On Level: 2
  • Master Bed: Dimensions: 14'8"x16'9", On Level: 2
  • Price Per Sq Ft: 196.19
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Walk In Closet, Private Water Closet

Exterior Features

  • Boat Facilities: Boat Ramp
  • Roof: Metal
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Bbq Area, Fishing Pier

Schools

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

Lot Info

  • Lot Description: Less Than 1 Acre, Level
  • Lot Size: 50x100

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 352
  • Assessor Parcel Number: 32138

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Thompson James Robert and Thompson Marilyn Kay
Bought by
Jr And Mk Thompson Revocable Trust and Thompson
Current Estimated Value
$760,650

Purchase Details

Listed on
Jul 8, 2019
Closed on
Dec 19, 2019
Sold by
Greg Kennedy Inc
Bought by
Thompson Marilyn K and Thompson James R
Seller's Agent
Kristy Bushaw
RE/MAX Paradise
Buyer's Agent
Shelby Chapman
RE/MAX of Orange Beach
List Price
$412,000
Sold Price
$412,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 7, 2019
Sold by
Sanford Anna F and Sanford Anna Faye
Bought by
Greg Kennedy Inc
Seller's Agent
Danny Grant
Coastal Living Properties, LLC
Buyer's Agent
Danny Grant
Coastal Living Properties, LLC
List Price
$84,500
Sold Price
$84,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1886.96%
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
Jr And Mk Thompson Revocable Trust $741,000 None Listed On Document
Thompson Marilyn K $412,000 None Available
Greg Kennedy Inc $84,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2019 12/19/19 Sold $412,000 0.0% $196 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $412,000 +387.6% $196 / Sq Ft
06/10/2019 06/10/19 Sold $84,500 0.0% -- View Prior Sale
05/11/2019 05/11/19 For Sale $84,500 0.0% --
04/17/2019 04/17/19 Off Market $84,500 -- --
03/30/2019 03/30/19 Price Changed $84,500 -13.3% --
10/17/2018 10/17/18 For Sale $97,500 -- --
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 $1,857 $74,200 $23,400 $50,800
2023 $1,855 $74,120 $20,660 $53,460
2022 $1,531 $61,420 $0 $0
2021 $1,052 $47,280 $0 $0
2020 $908 $28,360 $0 $0
2019 $416 $13,000 $0 $0
2018 $352 $11,000 $0 $0
2017 $320 $10,000 $0 $0
2016 $256 $8,000 $0 $0
2015 -- $8,000 $0 $0
2014 -- $5,800 $0 $0
2013 -- $5,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 286211

Baldwin REALTORS®

APN: 62-07-37-0-001-246.000