NOT LISTED FOR SALE

5576 Bay La Launch Ave Orange Beach, AL 36561

Estimated Value: $619,000 - $740,000

5 Beds
3 Baths
2,240 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $330,000 $147 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,665/month

59 Days on Market

Highlights

  • Water Views
  • Access to Bay or Harbor
  • Vaulted Ceiling
  • Fishing Pier
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2018

Welcome to your "Dream Home" in Bear Point!! Walk to Flippers Restaurant; boating facilities right on the bay; parking underneath for 6; fruit trees and palm trees in this lovely landscaped yard. HOA is optional -- only costs $130, and you get access to the boat ramp, multiple docks, beach, picnic, and swim areas. Real hardwood flooring throughout the main level/ceramic in bathrooms/stained concrete flooring on lower level. 12' 2" x 14' 8" Screened Porch underneath the house would make that PERFECT FOOTBALL ENTERTAINMENT ROOM! It's already wired for cable and hooks ready for a swing... Great Room has a vaulted ceiling. Attic pull-down stairs with partially floored storage space.

Last Agent to Sell the Property

Diane Farnham

Keller Williams AGC Realty - Orange Beach Listed on: 04/06/2018

Keller Williams AGC Realty - Orange Beach

Last Buyer's Agent

Alan Burns

Kaiser Sotheby's Int-GS

Kaiser Sotheby's Int-GS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 50 x 100
  • Few Trees

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Raised Foundation
  • Slab Foundation
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Access to Bay or Harbor
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Grinder Pump
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 05-62-07-37-0-002.000

Community Details

Overview

  • Association fees include common area maintenance, recreational facilities
  • Bear Point Subdivision
  • Community features wheelchair access

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 2001

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Pilings, Slab
  • Construction Status: Resale
  • Flood Zone: Yes
  • Property Amenities: En-Suite, Porch-Open, Porch-Screened, Security Lighting, Storage Building, Vaulted Ceiling, Window Treatments
  • Property Type: Residential Detached
  • Style: Raised Beach
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 05-62-07-37-0-002.000
  • Year Built: 2001
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bear Point
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 2240
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 14' 2" x 12' 2", On Level: Main Level
  • Bedroom 3: Dimensions: 15'2" x 12' 2", On Level: Main Level
  • Bedroom 4: Dimensions: 21' 6" x 14' 2", On Level: Lower Level
  • Bedroom 5: Dimensions: 16' x 14' 6", On Level: Lower Level
  • Bedrooms: 5
  • Breakfast Room: Dimensions: 6' x 6', On Level: Main Level
  • Floors: Tile, Wood
  • Great Room: Dimensions: 16' 9" x 16', On Level: Main Level
  • Kitchen: Dimensions: 12' 9" x 14', On Level: Main Level
  • Master Bed: Dimensions: 16' x 13' 3", On Level: Main Level
  • Price Per Sq Ft: 147.32
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Boat Facilities: Boat Ramp, Water Depth (4 Ft+)
  • Body Of Water: Arnica Bay
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Parking Spaces: 6
  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Grinder Pump, Satellite, Sewage-City, Total Electric, Water Heater-Electric, Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 130
  • Association Fees Include: Common Area Maintenance, Recreational Facilities
  • Community Amenities: Bbq Area, Club House, Fishing Pier, Pets - Allowed, Wheelchair Accessible

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Description: Less Than 1 Acre, Some Trees, Water View
  • Lot Size: 50 x 100
  • Number Lots: 1

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 588.80
  • Assessor Parcel Number: 30811

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 12, 2018
Sold by
Thomas Bonnie Ray
Bought by
Terry Tony and Terry Tina L
Seller's Agent
Diane Farnham
Keller Williams AGC Realty - Orange Beach
Buyer's Agent
Alan Burns
Kaiser Sotheby's Int-GS
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$651,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,737
Avg. Annual Appreciation
10.25%
Original Mortgage
$299,286
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Terry Tony $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Tony $249,000
Closed Terry Tony $299,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $330,000 -4.3% $147 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $344,900 -1.2% $154 / Sq Ft
04/06/2018 04/06/18 For Sale $349,000 -- $156 / Sq Ft
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 $1,558 $48,700 $20,600 $28,100
2023 $1,523 $47,580 $17,500 $30,080
2022 $1,226 $38,300 $0 $0
2021 $1,054 $33,180 $0 $0
2020 $992 $31,000 $0 $0
2019 $952 $29,740 $0 $0
2018 $684 $21,360 $0 $0
2017 $589 $18,400 $0 $0
2016 $541 $16,900 $0 $0
2015 -- $15,780 $0 $0
2014 -- $15,620 $0 $0
2013 -- $15,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 267970

Baldwin REALTORS®

APN: 62-07-37-0-002-222.000