$5,000
SOLD JUN 25, 2024

0 Peyton Dr Unit 5 1353166 Lakeview, AL 35111

Million Dollar Lake Neighborhood
0.47 Acre
$10,638 Price per Acre
20,473 Sq Ft Lot

Recently Sold

74% Below List Price

398 Days on Market

About This Lot

As of June 2024

RARE (.47) Acre private lot located on the back of Peyton Dr. in Lakeview, Alabama! This flat lot is 4 minutes (1 mile) to the public beach and boat launch on Ski Lake, 2 minutes from Catfish Lake, 5 minutes from Million Dollar Lake, and conveniently located close to main AL-216. This neighborhood is expanding with new homes being built and new management over club house amenities. Plans for hospital to be built near subdivision creating huge potential for value. One lake allows watersports and boating, 8 other lakes offer prize catfish, bass, fishing, canoeing, and much more. No Mobile Homes allowed. take a short drive to the local activity center, where you can find a gym, playground, indoor pool + additional amenities. Property owners have UNRESTRICTED access to all 9 lakes. Lot has direct access via dirt/gravel road. Club house membership includes pool access, spa services, restaurant, bar, golf carts for use on golf course, golf course with expansive lake views and party rooms!

Last Agent to Sell the Property

Toni Lichtenstein

Key Strategy Realty Listed on: 05/05/2023

Last Buyer's Agent

Tara Greenhaw

Local Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51

Lot Details

  • 0.47 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Schools

  • Lake View Elementary School
  • Brookwood Middle School
  • Brookwood High School

Listing and Financial Details

  • Assessor Parcel Number 24-06-23-0-014-051.000

Community Details

Overview

  • $6 Other Monthly Fees

Recreation

  • Community Boat Launch
  • Fishing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$51

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: Easements, Health Dept Approval
  • Down Payment Assistance: No
  • Legal Description: LOT 5 IN BLK 66 IN MILLION DOLLAR LAKE SUBD SECTOR 16
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Gravel Road

Utilities

  • Water: Public Water
  • Utilities Available: Electricity, Water

Condo/Co-op/Association

  • Amenities: Boat Launch, Fishing Allowed
  • Association Fee: 95
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Fee Information

  • Fire Fee Amount: 75
  • Fire Fee Per: Yearly
  • Fire Fee: Yes

Schools

  • Elementary School: LAKE VIEW
  • Middle School: BROOKWOOD
  • High School: BROOKWOOD

Lot Info

  • Assessor Parcel Number: 24-06-23-0-014-051.000
  • Number Acres: 0.47
  • Zoning: Residential
  • Best Use Per Zone: Residential
  • Improvements: Value In Land Only
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 5

Tax Info

  • Tax District: County
  • Annual Tax: 51

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: LAKE VIEW
  • High School: BROOKWOOD
  • Jr Middle School: BROOKWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Bullock Kim
Bought by
Schultz Larry
Total Days on Market
398
Current Estimated Value
$151,000

Purchase Details

Closed on
Feb 2, 2023
Sold by
Bullock Marguerite Eva
Bought by
Bullock Kim and Norred Bonnie B
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 Type Sale Price Title Company
Warranty Deed $5,150 --
Personal Reps Deed $8,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $5,000 0.0% --
06/06/2024 06/06/24 Price Changed $5,000 -27.5% --
06/06/2024 06/06/24 Pending -- -- --
03/30/2024 03/30/24 Price Changed $6,900 -12.7% --
02/22/2024 02/22/24 Price Changed $7,900 -12.2% --
01/15/2024 01/15/24 Price Changed $8,999 -10.0% --
12/13/2023 12/13/23 Price Changed $9,999 -9.1% --
10/31/2023 10/31/23 Price Changed $10,999 -8.3% --
10/04/2023 10/04/23 Price Changed $11,999 -16.7% --
08/23/2023 08/23/23 Price Changed $14,399 -10.0% --
07/28/2023 07/28/23 Price Changed $15,999 -11.1% --
06/28/2023 06/28/23 Price Changed $17,999 -7.7% --
05/08/2023 05/08/23 Price Changed $19,499 +2.6% --
05/05/2023 05/05/23 For Sale $19,000 -- --
Source: Greater Alabama MLS

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 $51 $1,600 $1,600 $0
2023 $51 $1,600 $1,600 $0
2022 $51 $1,600 $1,600 $0
2021 $51 $1,600 $1,600 $0
2020 $51 $1,600 $1,600 $0
2019 $57 $1,600 $1,600 $0
2018 $51 $1,600 $1,600 $0
2017 $51 $0 $0 $0
2016 $51 $0 $0 $0
2015 $51 $0 $0 $0
2014 -- $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1353166

Greater Alabama MLS

APN: 24-06-23-0-014-051.000