NOT LISTED FOR SALE

5597 Pensacola Ave Orange Beach, AL 36561

Estimated Value: $127,357 - $506,000

0.25 Acre
$1,173,356 Price per Acre
10,890 Sq Ft Lot

Last Sold July 03, 2017

Last sale price $75,000

Est. 291% increase in value since last sale

Current estimated payment $1,696/month

14 Days on Market

Highlights

  • Fishing Pier
  • Access to Bay or Harbor
  • Clubhouse

About This Lot

As of July 2017

Surrounded by new construction and only one block from the marina and wolf bay, this lot is PERFECT for your new beach home. Walk to the neighborhood waterfront park, Flippers, and the boat launch. Or just take a quick trip to Pirates Cove. You will love this very popular area or Orange Beach where you can build your Golf Fortified new construction and have instant equity as well as lower cost insurance. this lot will not last long! Very few lots still available and investors are buying them up quickly.

Last Agent to Sell the Property

Scotia Steadman

eXp Realty Southern Branch Listed on: 03/21/2017

eXp Realty Southern Branch

Last Buyer's Agent

Scotia Steadman

eXp Realty Southern Branch Listed on: 03/21/2017

eXp Realty Southern Branch

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,318

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50x100
  • Finished Lot(s)

Additional Features

  • Mineral Rights
  • Cable TV Available

Community Details

Recreation

  • Fishing Pier
  • Access to Bay or Harbor

Additional Features

  • Bear Point Estates Subdivision
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$1,318

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Mineral Rights: Owner Conveys If Any
  • Property Type: Residential Lots
  • Zoning Area: Single Family Residence
  • Lot Type: Lot
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bear Point Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 300000

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)
  • Road Description: City Street
  • Road Frontage: 50

Utilities

  • Utilities: Cable Tv, Sewage-City Available, Water-City

Condo/Co-op/Association

  • Community Amenities: Club House, Fishing Pier

Lot Info

  • Estimated Lot Size: 0.25
  • Lot Size: 50X100
  • Number Lots: 1

Tax Info

  • Assessor Parcel Number: 069031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Pounds Kenneth E
Bought by
Hutto Donnie
Current Estimated Value
$293,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.96%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 9, 2021
Sold by
Lamar Sara Mcnealy
Bought by
Pounds Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 17, 2018
Sold by
Holmes Edward E
Bought by
Aki Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2014
Sold by
Azar Kenneth W and Holmes Edward E
Bought by
Holmes Edward E

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bright Robert E and Gamble Tommy
Bought by
Holmes Edward E and Azar Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,150
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Hutto Donnie $180,000 None Listed On Document
Pounds Kenneth E $115,000 None Available
Aki Llc $79,000 None Available
Lemar Sara Mcneally $99,000 None Available
Holmes Edward E $12,000 None Available
Holmes Edward E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hutto Donnie $250,000
Previous Owner Pounds Kenneth E $92,000
Previous Owner Lemar Sara Mcneally $79,000
Previous Owner Holmes Ii Edward E $555,743
Previous Owner Holmes Edward E $169,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2017 07/03/17 Sold $75,000 0.0% --
04/04/2017 04/04/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $75,000 -- --
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 $1,318 $41,180 $41,180 $0
2023 $1,120 $35,000 $35,000 $0
2022 $827 $25,840 $0 $0
2021 $713 $22,280 $0 $0
2020 $653 $20,400 $0 $0
2019 $499 $15,600 $0 $0
2018 $422 $13,200 $0 $0
2017 $384 $12,000 $0 $0
2016 $269 $8,400 $0 $0
2015 -- $8,400 $0 $0
2014 -- $6,100 $0 $0
2013 -- $5,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 251087

Baldwin REALTORS®

APN: 62-07-37-0-002-181.000