NOT LISTED FOR SALE

Lot 140, 0 River Rd Unit Lot 140 Orange Beach, AL 36561

Ono Island Neighborhood

Estimated Value: $846,000 - $861,000

0.5 Acre
$1,703,334 Price per Acre
21,780 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $125,000

Est. 581% increase in value since last sale

Current estimated payment $4,693/month

55 Days on Market

Highlights

  • Gated with Attendant
  • Tennis Courts
  • Views

About This Lot

As of June 2023

82'x236' building lot in prime location on Ono Island! Ono Island is a 5.5-mile (8.9 km) long barrier island in southern Baldwin County, Alabama, at the mouth of Perdido Bay on the northern Gulf of Mexico. It is bordered by Bayou St. John to the north and Old River to the south. Surrounding communities include Perdido Key, Florida to the south and east and Orange Beach, Alabama to the west. Life on the island includes 24/7 security, private boat launch, Ono North recreational center and sidewalks for all your biking/walking needs.

Last Agent to Sell the Property

Craig Jackson

Bellator RE LLC Orange Beach Listed on: 03/01/2023

Bellator RE LLC Orange Beach

Last Buyer's Agent

Kelsey Davis

Bellator Real Estate, LLC

Bellator Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $363

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 82.01' x 236.75'

HOA Fees

  • $97 Monthly HOA Fees

Schools

  • Foley Elementary School
  • Foley High School

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 64-03-06-0-000-001.207

Community Details

Overview

  • $400 Additional Association Fee
  • Ono Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$363

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Additional Amenity Fees: 400
  • Class: Lots And Land
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • View: Southern View
  • Associated Document Count: 3
  • Lot Type: Land
  • Owners Association: Yes
  • Parcel Id Tax Id: 64-03-06-0-000-001.207
  • Governing Municipality: Baldwin County, Orange Beach
  • Property Legal Description: 82.01' X 236.75' Irr Lot 140 Ono - North Phase One Slide 148 7-A, 1487-B & 1488-A Sec 6-T9s-R6e
  • Subdivsn Or Commnty: Ono Island
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 250000

Exterior Features

  • Water Property Type: No Waterfront

Utilities

  • Utilities: Sewage-City, Baldwin Emc, Orange Beach Water Auth

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 1169
  • Association Management Email: frontdesk@onoislandpoa.com
  • Community Amenities: Guard At Gate, On-Site Management, Pets - Owners Only, Private Security, Tennis/Racquetball, Gated

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Foley Elementary
  • High School: Foley High

Lot Info

  • Estimated Lot Size: 0.5
  • Lot Block Unit: 140/
  • Lot Description: Less Than 1 Acre
  • Lot Size: 82.01' X 236.75'

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 363
  • Assessor Parcel Number: 118555

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 31, 2023
Sold by
Smith James R and Smith Elizabeth Jean
Bought by
Limitless Homes Llc
Seller's Agent
Craig Jackson
Bellator RE LLC Orange Beach
Buyer's Agent
Kelsey Davis
Bellator Real Estate, LLC
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Views
106
Current Estimated Value
$851,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,667
Avg. Annual Appreciation
135.52%
Original Mortgage
$483,932
Outstanding Balance
$470,897
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$380,770

Purchase Details

Closed on
May 16, 2011
Sold by
Evans Leland and Evans Beverly
Bought by
Smith James R and Smith Elizabeth Jean
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
Limitless Homes Llc $125,000 None Listed On Document
Smith James R -- Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limitless Homes Llc $483,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $125,000 -16.6% --
04/25/2023 04/25/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $149,900 -6.3% --
03/01/2023 03/01/23 For Sale $159,900 -- --
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 $700 $25,000 $25,000 $0
2023 $728 $26,000 $26,000 $0
2022 $531 $18,960 $0 $0
2021 $363 $12,960 $0 $0
2020 $269 $9,600 $0 $0
2019 $269 $9,600 $0 $0
2018 $269 $9,600 $0 $0
2017 $308 $11,000 $0 $0
2016 $308 $11,000 $0 $0
2015 -- $11,000 $0 $0
2014 -- $10,000 $0 $0
2013 -- $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 342452

Baldwin REALTORS®

APN: 64-03-06-0-000-001.207