NOT LISTED FOR SALE

0 Old Federal Rd Unit 336728 Magnolia Springs, AL 36555

Estimated Value: $386,000

20 Acres
$19,300 Price per Acre
871,200 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $74,900

Est. 415% increase in value since last sale

Current estimated payment $2,289/month

238 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Clubhouse
  • Community Gazebo
  • Gated Community
  • Community Pool
  • Community Wi-Fi

About This Lot

As of August 2023

The Commons is an exclusive, private neighborhood with condo ownership that clings to an architectural theme. Lot sizes and sq. ft. ranges from 1440 - 4000 sq. ft. 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, and 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. Underground utilities and Baldwin County Sewer Service. All contracts must be written on BCAR forms.

Last Agent to Sell the Property

Lacie Maynard

Bellator Real Estate LLC Gulf Listed on: 09/20/2022

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

  • $379

Lot Details

  • Lot Dimensions are 85 x 105
  • Landscaped
  • Level Lot
  • Few Trees
  • Finished Lot(s)

HOA Fees

  • $150 Monthly HOA Fees

Schools

  • Magnolia Elementary School
  • Foley High School

Listing and Financial Details

  • Assessor Parcel Number 55-08-38-0-000-050.001-928

Community Details

Overview

  • The Commons Subdivision

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Clubhouse
  • Community Wi-Fi

Recreation

  • Community Pool
  • Deeded Waterfront Access Rights
  • River Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$379

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Land
  • Associated Document Count: 2
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 55-08-38-0-000-050.001-928
  • Governing Municipality: Magnolia Springs
  • Property Legal Description: Unit 38, The Commons Condo
  • 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, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fees: 450
  • Association Management Email: drjudithmiller@bellsouth.com
  • Community Amenities: Bbq Area, Club House, Gazebo, Internet, Landscaping, Pool - Outdoor, Pets - Allowed, Gated, Water Access-Deeded

Schools

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

Lot Info

  • Lot Block Unit: Unit 38
  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Lot Size: 85 x 105

Tax Info

  • Property Taxes: 378.56
  • Assessor Parcel Number: 241010

MLS Schools

  • Elementary School: Magnolia School
  • HighSchool: Foley High

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Hv Properties Llc $250,000
Closed Sanders John Patrick $397,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $74,900 +1.2% --
05/16/2023 05/16/23 Pending -- -- --
09/20/2022 09/20/22 For Sale $74,000 -- --
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 $437 $15,600 $15,600 $0
2023 $490 $15,360 $15,360 $0
2022 $379 $13,520 $0 $0
2021 $315 $13,520 $0 $0
2020 $315 $11,260 $0 $0
2019 $137 $4,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 336728

Baldwin REALTORS®

APN: 55-08-38-0-000-050.001-928