NOT LISTED FOR SALE

5525 Bear Point Ave Orange Beach, AL 36561

Estimated Value: $590,000 - $723,000

3 Beds
2 Baths
1,421 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $360,000 $253 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,454/month

Highlights

  • Docks
  • Boat or Launch Ramp
  • New Construction
  • Pier
  • Open-Concept Dining Room
  • Beach House

About This Home

As of August 2020

Looking for permanent residence or second home at the beach? Look no further! This Gold Fortified New Construction raised beach
cottage in Orange Beach has it all. Quaint golf cart community of Bear Point blends the new and the old with a variety of homes of all
sizes and styles. Three bedrooms/two baths with 1421 sf +/- provides ample space with high-end touches at a great price. Luxury vinyl
plank flooring throughout with tile floors in the wet areas. Gorgeous custom tile tub surrounds, crown molding, recessed can lighting,
granite counters, stainless appliances, Metal roof, concrete siding exterior – and the list goes on. Tons of parking under the house for
cars, boats, golf carts - or use for kayak storage, outdoor kitchen and grilling space, or add cushioned seating for an entertaining area.
Property owners in Bear Point can join the optional association to get access to the private gated community boat launch, community
park with picnic area and gazebo, meeting house, kayak launch park, swimming area and fishing pier, located near Bear Point Marina
and “OSO” restaurant. All access for approx. $130/yr and located only a few blocks from this home. For more details about Bear Point
Civic Association, see www.bearpoint.org

Last Agent to Sell the Property

Ginny Slocum Stopa

NextHome Gulf Coast Living License #52979-1 Listed on: 07/31/2020

NextHome Gulf Coast Living

Last Buyer's Agent

Renee Slay

Keller Williams AGC Realty-Da License #100275

Keller Williams AGC Realty-Da

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Beach House

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Open-Concept Dining Room
  • Game Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Pier
  • Boat or Launch Ramp
  • Docks
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Bear Point Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6207370002131000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 50' X 100' LOT 581 BEAR POINT ESTATES PB4 PG110 IN ORANGE BE ACH CORP LIMITS GR SEC 37-T8S-R5E (WD)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Beach House
  • Property Condition: New Construction
  • Year Built: 2019
  • Levels Stories: One
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room
  • Dining Room Features: Open Concept
  • Square Footage: 1421.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Patio And Porch Features: Front Porch
  • Foundation: None

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Attached, Carport

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: BEAR POINT ESTATES

Lot Info

  • Acres: 0.1150
  • Lot Dimensions: 50x100
  • Parcel Number: 6207370002131000
  • Price Acre Dollar: 3130434.78
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 62-07-37-0-002-131.000
  • Close Date: 2020-08-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 31, 2020
Sold by
Lambert Building And Development Llc
Bought by
Mchenry Jeffrey and Mchenry Laura
Seller's Agent
Ginny Slocum Stopa
NextHome Gulf Coast Living
Buyer's Agent
Renee Slay
Keller Williams AGC Realty-Da
Sold Price
$360,000
Current Estimated Value
$633,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,090
Avg. Annual Appreciation
11.56%
Original Mortgage
$324,000
Outstanding Balance
$288,057
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$345,033

Purchase Details

Closed on
Oct 12, 2018
Sold by
Davidson Gerald V and Davidson Jimmy O
Bought by
Lambert Building And Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 13, 2018
Sold by
Hutchinson Scot J and Hutchinson Kristina J
Bought by
Davidson Gerald V and Davidson Jimmy O
Seller's Agent
Asa Goode
Goode Realty, LLC
Buyer's Agent
The Stradley Team
Bellator RE LLC Orange Beach
List Price
$84,900
Sold Price
$76,500
Premium/Discount to List
-$8,400
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.58%

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 15, 2013
Sold by
Romine Donald Michael and Romine Dawn H
Bought by
Hutchinson Scot J and Hutchinson Kristina J
Seller's Agent
Non Member
Non Member Office
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Golson Mary Carolyn Ward
Bought by
Romine Donald Michael and Romine Dawn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 30, 2006
Sold by
Golson Samuel R
Bought by
Golson Irby L
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
Mchenry Jeffrey $360,000 None Available
Lambert Building And Development Llc -- None Available
Davidson Gerald V $76,500 None Available
Hutchinson Scot J $30,000 None Available
Romine Donald Michael -- None Available
Golson Irby L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchenry Jeffrey $324,000
Previous Owner Lambert Building And Development Llc $110,000
Previous Owner Romine Donald Michael $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $360,000 0.0% $253 / Sq Ft
08/31/2020 08/31/20 Sold $360,000 -4.0% $253 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/31/2020 07/31/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $375,000 -6.3% $264 / Sq Ft
06/22/2020 06/22/20 Price Changed $400,000 +8.4% $281 / Sq Ft
01/20/2020 01/20/20 For Sale $369,000 +382.4% $260 / Sq Ft
07/13/2018 07/13/18 Sold $76,500 -9.9% -- View Prior Sale
06/29/2018 06/29/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $84,900 +183.0% --
10/17/2013 10/17/13 Sold $30,000 0.0% -- View Prior Sale
09/17/2013 09/17/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $30,000 -- --
Source: Gulf Coast MLS (Mobile Area Association of 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 $1,594 $49,820 $18,880 $30,940
2023 $1,556 $48,640 $16,040 $32,600
2022 $1,261 $39,420 $0 $0
2021 $1,077 $34,080 $0 $0
2020 $1,629 $50,900 $0 $0
2019 $458 $14,300 $0 $0
2018 $387 $12,100 $0 $0
2017 $352 $11,000 $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

  • Ginny Slocum Stopa

    Seller's Agent in 2020

    Ginny Slocum Stopa

    NextHome Gulf Coast Living

    (251) 202-5266

    1 in this area

    327 Total Sales

    Ginny Slocum Stopa
    Section Image
  • Renee Slay

    Buyer's Agent in 2020

    Renee Slay

    Keller Williams AGC Realty-Da

    (251) 421-6265

    16 in this area

    37 Total Sales

    Renee Slay
    Section Image
  • Asa Goode

    Seller's Agent in 2018

    Asa Goode

    Goode Realty, LLC

    (251) 233-4549

    17 in this area

    53 Total Sales

    Asa Goode
    Section Image
  • The Stradley Team

    Buyer's Agent in 2018

    The Stradley Team

    Bellator RE LLC Orange Beach

    (251) 968-6683

    14 in this area

    74 Total Sales

    The Stradley Team
    Section Image

  • N

    Seller's Agent in 2013

    Non Member

    Non Member Office

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0635723

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 62-07-37-0-002-131.000

Alabama Baldwin County Orange Beach 36561

5525 Bear Point Ave, Orange Beach, AL

This home is located at 5525 Bear Point Ave, Orange Beach, AL 36561 since 31 July 2020 and is currently estimated at $633,090, approximately $445 per square foot. This property was built in 2019. 5525 Bear Point Ave 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.

Gulf Coast MLS (Mobile Area Association of 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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