NOT LISTED FOR SALE

0 Nettle Oak Cir Unit 294960 Magnolia Springs, AL 36555

Estimated Value: $172,000

0.13 Acre
$1,323,077 Price per Acre
5,663 Sq Ft Lot

Last Sold March 23, 2021

Last sale price $55,000

Est. 213% increase in value since last sale

Current estimated payment $1,122/month

383 Days on Market

Highlights

  • River Access
  • River View
  • Community Pool
  • Gated Community
  • Waterfront
  • Community Gazebo

About This Lot

As of March 2021

The Commons is an exclusive private neighborhood with condo ownership that clings to an architectural theme. Lot sizes and sq. ft. minimum square footage ranges from 1,400 - 4,000. Patterned after Seaside in Florida, the lots are small and there are alleyways in the rear of the lots. Sidewalks off from hand laid brick streets connect each house and link neighbor to neighbor. There is a lake stocked with bream and bass, a large park with graceful old Oaks. 80 ft. from the riverbank stands a community shelter designed like one of the many boathouses on the river. This shelter offers a bathhouse, & gazebo with a fireplace in the center. River common area provides kayak launching at the head waters of the Magnolia River.

Last Agent to Sell the Property

Lacie Maynard

Bellator Real Estate LLC Gulf Listed on: 02/19/2020

Last Buyer's Agent

Lacie Maynard

Bellator Real Estate LLC Gulf Listed on: 02/19/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • Waterfront
  • Interior Lot
  • Few Trees
  • Finished Lot(s)

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • River Views

Schools

  • Magnolia Elementary School
  • Foley High School

Utilities

  • Underground Utilities
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 55-08-38-0-000-052.002-905

Community Details

Overview

  • The Commons Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • River Access

Additional Features

  • Community Gazebo
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Land
  • Restrictive Covenants: Yes
  • View: Indirect River Side
  • Associated Document Count: 3
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 55-08-38-0-000-052.002-905
  • Property Legal Description: Type A Unit
  • Subdivsn Or Commnty: The Commons
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 423076.92

Exterior Features

  • Boat Facilities: Water Depth (4 Ft-)
  • Body Of Water: Magnolia River
  • Waterfront: Yes
  • Water Property Type: River Acc (Wlk <=1/4 Mi)

Utilities

  • Utilities: Baldwin Co Sewer Service, Grinder Pump, Underground Utilities, Water-City, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 150
  • Association Management Email: drjudithmiller@bellsouth.com
  • Community Amenities: Gazebo, Pool - Outdoor, Pets - Allowed, Gated

Schools

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

Lot Info

  • Estimated Lot Size: 0.13
  • Lot Block Unit: Unit 5
  • Lot Description: Less Than 1 Acre, Inside Lot, Some Trees
  • Lot Size: 50 x 110

Tax Info

  • Property Taxes: 114.24
  • Assessor Parcel Number: 240889

MLS Schools

  • Elementary School: Magnolia School
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Mar 22, 2021
Sold by
Ronnie White Custom Homes Llc
Bought by
Gray J Micahel J and Gray Kathleen K
Seller's Agent
Lacie Maynard
Bellator Real Estate LLC Gulf
Buyer's Agent
Lacie Maynard
Bellator Real Estate LLC Gulf
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,000
Avg. Annual Appreciation
7.34%
Source: Public Records

Range of Values:

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Average Value
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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
Gray J Micahel J $55,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $55,000 -8.2% --
03/08/2021 03/08/21 Pending -- -- --
02/19/2020 02/19/20 For Sale $59,900 -- --
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 $364 $13,000 $13,000 $0
2023 $358 $12,800 $12,800 $0
2022 $315 $11,260 $0 $0
2021 $263 $11,260 $0 $0
2020 $263 $9,380 $0 $0
2019 $114 $4,080 $0 $0
2018 $114 $4,080 $0 $0
2017 $114 $4,080 $0 $0
2016 $105 $3,740 $0 $0
2015 $105 $3,740 $0 $0
2014 $110 $3,940 $0 $0
2013 -- $5,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 294960

Baldwin REALTORS®

APN: 55-08-38-0-000-052.002-905