NOT LISTED FOR SALE

11071 Thomas Rd Theodore, AL 36582

South Orchards Neighborhood

Estimated Value: $255,000 - $390,000

3.5 Acres
$90,211 Price per Acre
152,460 Sq Ft Lot

Last Sold October 04, 2013

Last sale price $30,000

Est. 919% increase in value since last sale

Current estimated payment $1,700/month

Highlights

  • 3.5 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of October 2013

Are You Ready to Build? Level land with direct access from Thomas Road. Lot is ready for you to start your new home. Restrictive Covenants in place with minimum square footage requirement of 1,500 square feet and restrictions against livestock and mobile homes. Bank Owned Property; "Subject to Alabama Right of Redemption Laws"

Last Agent to Sell the Property

Michael Dorsett

Coldwell Banker Reehl Prop Fairhope License #90179 Listed on: 09/20/2013

Coldwell Banker Reehl Prop Fairhope

Last Buyer's Agent

Michael Dorsett

Coldwell Banker Reehl Prop Fairhope License #90179 Listed on: 09/20/2013

Coldwell Banker Reehl Prop Fairhope

Property Details

Property Type

  • Land

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 108.19x611.92x310.71x411.
  • Property fronts a county road
  • Unincorporated Location
  • Level Lot
  • Wooded Lot

Schools

  • George Hall Elementary School
  • Katherine H Hankins Middle School
  • Theodore High School

Community Details

  • River Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4301013000018011

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 11 RIVER MEADOWS MBK 96 PG 105 #SEC 01 T7S R2W #MP43 01 01 3 000
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Pool Private: No

Condo/Co-op/Association

  • Subdivision Complex: RIVER MEADOWS

Lot Info

  • Acres: 3.5000
  • Possible Use: Agricultural, Residential
  • Current Use: Agricultural, Residential
  • Lot Features: Level, Unincorporated, Wooded
  • Lot Dimensions: 108.19X611.92X310.71X411.
  • Parcel Number: 4301013000018011
  • Price Acre Dollar: 8571.43
  • Horse Amenities: None
  • Property Attached Yn: No

MLS Schools

  • Elementary School: George Hall
  • High School: Theodore
  • Middle School: Katherine H Hankins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Oct 3, 2013
Sold by
Branch Banking And Trust Company
Bought by
Pierce Larry E
Seller's Agent
Michael Dorsett
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
Michael Dorsett
Coldwell Banker Reehl Prop Fairhope
Sold Price
$30,000
Current Estimated Value
$305,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,693
Avg. Annual Appreciation
21.15%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Brown Hallie M and Brown Nina
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Mar 14, 2008
Sold by
River Meadows Llc
Bought by
Brown Hallie and Brown Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,510
Interest Rate
5.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Pierce Larry E $30,000 Surety Land Title
Branch Banking & Trust Company $25,725 None Available
Brown Hallie -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Hallie $39,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2013 10/04/13 Sold $30,000 0.0% --
10/04/2013 10/04/13 Sold $30,000 0.0% -- View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/20/2013 09/20/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $30,000 -- --
Source: Gulf Coast MLS (Mobile Area Association of 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
2025 $1,218 $25,250 $5,330 $19,920
2024 $1,218 $24,470 $5,420 $19,050
2023 $1,009 $22,170 $4,890 $17,280
2022 $1,023 $22,470 $4,890 $17,580
2021 $959 $21,150 $3,410 $17,740
2020 $909 $20,120 $3,860 $16,260
2019 $814 $18,140 $3,860 $14,280
2018 $1,771 $36,520 $0 $0
2017 $654 $12,760 $0 $0
2016 $619 $12,760 $0 $0
2013 -- $6,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Dorsett

    Seller's Agent in 2013

    Michael Dorsett

    Coldwell Banker Reehl Prop Fairhope

    (251) 463-6682

    84 Total Sales

    Michael Dorsett
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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0254230

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 43-01-01-3-000-018.011

Alabama Mobile County Theodore 36582 South Orchards

11071 Thomas Rd, Theodore, AL

Not Listed for Sale

Lots

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