NOT LISTED FOR SALE

0 Nettle Oak Cir Unit 325674 Magnolia Springs, AL 36555

Estimated Value: $251,000 - $778,000

6.3 Acres
$101,092 Price per Acre
274,428 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $59,900

Est. 963% increase in value since last sale

Current estimated payment $3,887/month

20 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Clubhouse
  • Community Gazebo
  • Gated Community
  • Community Pool
  • Interior Lot

About This Lot

As of April 2022

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: 02/02/2022

Last Buyer's Agent

Jaime Cooper Team

EXIT Realty Lyon & Assoc.Fhope

EXIT Realty Lyon & Assoc.Fhope

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $263

Lot Details

  • Landscaped
  • Interior Lot
  • Finished Lot(s)

HOA Fees

  • $150 Monthly HOA Fees

Schools

  • Magnolia Elementary School
  • Foley High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 55-08-38-0-000-052.002-902

Community Details

Overview

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

Amenities

  • Community Gazebo
  • Clubhouse
  • Meeting Room

Recreation

  • Community Pool
  • Deeded Waterfront Access Rights
  • River Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$263

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Land
  • Restrictive Covenants: Yes
  • Lot Type: Lot
  • Section Township Range: S38-T7S-R3E
  • Owners Association: Yes
  • Parcel Id Tax Id: 55-08-38-0-000-052.002-902
  • Governing Municipality: Magnolia Springs
  • Property Legal Description: The Commons Condo -Unit 2
  • Subdivsn Or Commnty: The Commons
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Utilities: Baldwin Co Sewer Service, 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: Club House, Gazebo, Landscaping, Meeting Room, Pool - Outdoor, Gated, Water Access-Deeded

Schools

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

Lot Info

  • Lot Block Unit: Unit 2
  • Lot Description: Less Than 1 Acre, Inside Lot
  • Lot Size: irreg

Tax Info

  • Property Taxes: 262.64
  • Assessor Parcel Number: 240886

MLS Schools

  • Elementary School: Magnolia School
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Hv Properties Llc
Bought by
Lancaster Debora W and Lancaster James E
Current Estimated Value
$636,882

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 29, 2022
Sold by
Ronnie White Custom Homes Llc
Bought by
Hv Properties Llc
Seller's Agent
Lacie Maynard
Bellator Real Estate LLC Gulf
Buyer's Agent
Jaime Cooper Team
EXIT Realty Lyon & Assoc.Fhope
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 19, 2021
Sold by
Rachel David and Rachel Thomas
Bought by
Onnie White Custom Homes Llc
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
Lancaster Debora W $727,500 None Listed On Document
Hv Properties Llc $500 First American Title
Onnie White Custom Homes Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hv Properties Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $59,900 0.0% --
02/22/2022 02/22/22 Pending -- -- --
02/02/2022 02/02/22 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 $3,274 $116,920 $13,000 $103,920
2023 $2,021 $72,180 $12,800 $59,380
2022 $315 $11,260 $0 $0
2021 $263 $11,260 $0 $0
2020 $263 $9,380 $0 $0
2019 $114 $4,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 325674

Baldwin REALTORS®

APN: 55-08-38-0-000-052.002-902