NOT LISTED FOR SALE

11506 Stemley Rd Lincoln, AL 35096

Estimated Value: $173,000 - $408,000

182 Acres
$1,390 Price per Acre
7,927,920 Sq Ft Lot

Last Sold August 15, 2018

Last sale price $785,000 $506 Per Sq Ft

Current estimated payment $1,387/month

130 Days on Market

Highlights

  • Barn
  • 182 Acre Lot
  • Pasture
  • Stables
  • Pond
  • Garage

About This Lot

As of August 2018

182+/- acres of fenced and cross-fenced pastureland. This ranch has two home that are in need of remodeling and repair. There are two barns on the property and also a shed at the working pens. One barn was used as a horse barn years ago, stalls are still in place. There is also a equestrian riding arena located on the property. Really nice property only half a mile from I-20. There is commercial zoned property on the north side of the property and residential housing development on the south side, so the possibilities for this property is endless.

Last Agent to Sell the Property

Jason Walker

Southeastern Realty & Auction License #114621 Listed on: 03/15/2018

Last Buyer's Agent

Jenny Richey

Fields Gossett Realty

Property Details

Property Type

  • Land

Lot Details

  • 182 Acre Lot
  • Gated Home
  • Cross Fenced
  • Property is Fully Fenced

Parking

  • Garage

Farming

  • Barn
  • Pasture

Additional Features

  • Pond
  • Stables
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 803060000004000

Property Details

Property Type

Land

Lot Details

182 Acres

Listing Details

  • Class: Land/Lots
  • Legal Description: Parcels 803060000004000, 901010000026000, 901010000033000, and 803060000004001 totaling up to 182+/- acres.
  • Property Type: Acreage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: County Road, Paved Road

Utilities

  • Water: Public Water
  • Utilities Available: Electricity, Gas, Phone, Water
  • Utilities On-site: Electricity, Gas, Phone, Water

Lot Info

  • Assessor Parcel Number: 803060000004000
  • Lot Description: Acreage, Pasture
  • Number Acres: 182
  • Best Use Per Zone: Agricultural (BESTUSE), Residential
  • Improvements: Barn, Cross Fenced, Fenced-Fully, Garage, Gated Entrance, Pond, Stable, Storage Building
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Comm/Indus (AREA), Residential, Undeveloped

Tax Info

  • Tax District: Lincoln
  • Annual Tax: 1

Multi Family

  • Number Of Lots: 1 Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Aug 15, 2018
Sold by
Lakeview Investments Llc
Bought by
Smith Matthew Richard
Seller's Agent
Jason Walker
Southeastern Realty & Auction
Buyer's Agent
Jenny Richey
Fields Gossett Realty
List Price
$875,000
Sold Price
$785,000
Premium/Discount to List
-$90,000
-10.29%
Current Estimated Value
$252,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$532,031
Avg. Annual Appreciation
-13.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Matthew Richard $785,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $785,000 -10.3% $506 / Sq Ft
03/15/2018 03/15/18 For Sale $875,000 -- $564 / Sq Ft
Source: Greater Alabama MLS

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 -- $13,650 $1,320 $12,330
2024 $425 $13,250 $1,320 $11,930
2023 $425 $13,650 $1,430 $12,220
2022 $421 $11,610 $1,300 $10,310
2021 $349 $9,820 $1,300 $8,520
2020 $349 $10,100 $0 $0
2019 $349 $10,100 $0 $0
2018 $321 $9,380 $0 $0
2017 $321 $9,380 $0 $0
2016 $321 $9,380 $0 $0
2015 $321 $9,380 $0 $0
2014 $324 $9,460 $0 $0
2013 -- $9,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 811121

Greater Alabama MLS

APN: 09-01-01-0-000-028.000

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