NOT LISTED FOR SALE

5705 Mobile Ave Orange Beach, AL 36561

Estimated Value: $482,000 - $624,000

3 Beds
2 Baths
1,350 Sq Ft
$406/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $200,000 $148 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,160/month

105 Days on Market

Highlights

  • Access to Bay or Harbor
  • Outdoor Storage
  • Combination Kitchen and Dining Room
  • Cottage

About This Home

As of December 2017

Great cottage in Bear Point! This 3/2 home has a loft with a bonus room. Back yard is fenced in with small utility shed. Home has vaulted ceilings and over sized master bedroom and bathroom! Great layout with no wasted space. Home is only a couple blocks from marina and pier. There is a private boat ramp for residence! This would be a great full-time residence or a weekend fishing retreat. Don't miss out on this deal!

Last Agent to Sell the Property

Jon Teem

eXp Realty Southern Branch License #104051 Listed on: 07/29/2017

Last Buyer's Agent

Eric Waldrep

Local Property Inc. License #89610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1989

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 1,350 Sq Ft Home
  • 1.5-Story Property
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • Outdoor Storage

Schools

  • Orange Beach Elementary School
  • Gulf Shores High School

Utilities

  • Cable TV Available

Community Details

  • Bear Point Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 011125

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 1989

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Construction Status: Resale
  • Property Amenities: Porch-Open, Storage Building
  • Property Type: Residential Detached
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 011125
  • Year Built: 1989
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bear Point Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1350
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x13, On Level: Main Level
  • Bedrooms: 3
  • Dining Area Type: Dining/Kitchen Combo
  • Living Room: Dimensions: 15x17, On Level: Main Level
  • Master Bed: Dimensions: 13x15, On Level: Main Level
  • Price Per Sq Ft: 148.15
  • Property Interior Stories: 1.5

Exterior Features

  • Boat Facilities: Boat Ramp
  • Exterior Finish: Stucco
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Utilities: Cable Tv, Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 10

Tax Info

  • Property Taxes: 318.43
  • Assessor Parcel Number: 011125

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Dec 15, 2017
Sold by
Hall Sammie I
Bought by
Palmer Carl E
Seller's Agent
Jon Teem
eXp Realty Southern Branch
Buyer's Agent
Eric Waldrep
Local Property Inc.
List Price
$214,900
Sold Price
$200,000
Premium/Discount to List
-$14,900
-6.93%
Current Estimated Value
$508,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,652
Avg. Annual Appreciation
13.22%
Original Mortgage
$196,377
Outstanding Balance
$165,032
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$383,712
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer Carl E $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Carl E $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $200,000 -2.4% $148 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
10/10/2017 10/10/17 Price Changed $205,000 -4.6% $152 / Sq Ft
09/05/2017 09/05/17 For Sale $214,900 0.0% $159 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $214,900 -- $159 / 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 -- $39,740 $20,600 $19,140
2023 $0 $37,260 $17,500 $19,760
2022 $889 $29,700 $0 $0
2021 $562 $25,280 $0 $0
2020 $606 $20,840 $0 $0
2019 $528 $18,420 $0 $0
2018 $390 $16,680 $0 $0
2017 $318 $13,860 $0 $0
2016 $278 $12,260 $0 $0
2015 -- $11,860 $0 $0
2014 -- $11,180 $0 $0
2013 -- $10,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jon Teem

    eXp Realty Southern Branch

    Section Image

  • E

    Buyer's Agent in 2017

    Eric Waldrep

    Local Property Inc.

    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 256611

Baldwin REALTORS®

APN: 62-07-37-0-001-106.000

Alabama Baldwin County Orange Beach 36561

5705 Mobile Ave, Orange Beach, AL

Not Listed for Sale

Detached

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