NOT LISTED FOR SALE

Estimated Value: $435,000

0.22 Acre
$1,977,273 Price per Acre
9,583 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $12,000 $6 Per Sq Ft

Est. 3,525% increase in value since last sale

Current estimated payment $2,325/month

172 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Tennis Courts
  • W. J. Carroll Intermediate School Rated A-
  • Community Pool
  • Cul-De-Sac

About This Lot

As of March 2023

PRICE REDUCTION - MOTIVATED SELLER - BACK ON THE MARKET - TAKE A LOOK AND BRING AN OFFER!!! Come and get this lot to build your dream home on in Lake Forest Subdivision. This much sought after and popular subdivision has low HOA dues that includes no charge access to tennis courts, community pools, championship golf course (walk free or pay for cart fee), yacht club and riding stables. Marikesh Dr is a quite cul-de-sac located off Ridgewood Dr. convenient to shopping, restaurants and a community pool. This lot has the concrete slab still remaining from a 2059 sf, 4 bed/2 bath home with a 2 car garage that was lost in a fire. Water and sewer tap already in place. This lot has a gentle slope for great drainage without making the back yard unusable. It backs up to Lake Forest Stables so no need to worry about anyone building behind you. This location also provides the opportunity to sit on a back porch/back deck and watch the horses when they occasionally visit that area. It sits across the street and has a view of the #6 green of the golf course. Mature trees provide just the right amount of shade while allowing sunlight to provide natural light for your home. Reach out to me or your favorite realtor to make this the perfect location for your dream home!

Last Agent to Sell the Property

Ricky Johnson

Coastal Resort Realty Listed on: 09/14/2022

Coastal Resort Realty

Last Buyer's Agent

Ricky Johnson

Coastal Resort Realty Listed on: 09/14/2022

Coastal Resort Realty

Property Details

Property Type

  • Land

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x121x80x120
  • Cul-De-Sac

HOA Fees

  • $60 Monthly HOA Fees

Schools

  • Daphne Elementary School
  • Daphne Middle School
  • Daphne High School

Listing and Financial Details

  • Assessor Parcel Number 43-02-04-0-002-057.000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Children's Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • Lot Type: Cul-De-Sac
  • Owners Association: Yes
  • Parcel Id Tax Id: 43-02-04-0-002-057.000
  • Geo Subdivision: AL
  • Property Legal Description: 80' X 125' LAKE FOREST SUB UNIT 24 LOT 73 PB8 PG85 CITY OF D APHNE SEC 4-T5S-R2E (QCD) IN#548149
  • Subdivsn Or Commnty: Lake Forest
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 54545.45

Exterior Features

  • Water Property Type: No Waterfront
  • Road Frontage: 80’

Utilities

  • Utilities: Sewage-City, Water-City, Daphne Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 60
  • Association Management Email: Lake Forest HOA
  • Community Amenities: Club House, Pool - Kiddie, Pool - Outdoor, Tennis/Racquetball, Golf Course, Playground

Fee Information

  • Transfer Fees: Yes

Lot Info

  • Estimated Lot Size: 0.22
  • Lot Block Unit: 73
  • Lot Description: Less Than 1 Acre
  • Lot Size: 80x121x80x120

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 727.28
  • Assessor Parcel Number: 117532

MLS Schools

  • Elementary School: Daphne Elementary
  • HighSchool: Daphne High
  • Middle School: Daphne Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Mar 31, 2023
Sold by
Anderson Scott R
Bought by
Payne Dalton and Payne Dalton
Seller's Agent
Ricky Johnson
Coastal Resort Realty
Buyer's Agent
Ricky Johnson
Coastal Resort Realty
List Price
$24,000
Sold Price
$12,000
Premium/Discount to List
-$12,000
-50%
Views
150
Current Estimated Value
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,000
Avg. Annual Appreciation
257.23%

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jun 28, 2022
Sold by
Richard Brooks Paul
Bought by
Anderson Scott R
Seller's Agent
Ricky Johnson
Coastal Resort Realty
Buyer's Agent
Ricky Johnson
Coastal Resort Realty
List Price
$32,500
Sold Price
$26,500
Premium/Discount to List
-$6,000
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-64.26%

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jun 27, 2022
Sold by
Brooks Paul R and Brooks Paul Richard
Bought by
Anderson Scott R
Seller's Agent
Ricky Johnson
Coastal Resort Realty
Buyer's Agent
Ricky Johnson
Coastal Resort Realty
List Price
$32,500
Sold Price
$26,500
Premium/Discount to List
-$6,000
-18.46%

Purchase Details

Closed on
May 16, 2003
Sold by
Brooks Stephanie Dyas
Bought by
Brooks Paul Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Payne Dalton $12,000 None Listed On Document
Anderson Scott R $26,500 Hays Kevin
Anderson Scott R $26,500 None Listed On Document
Brooks Paul Richard $5,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $12,000 -32.2% $6 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $17,700 -1.1% $9 / Sq Ft
01/04/2023 01/04/23 Price Changed $17,900 -10.1% $9 / Sq Ft
10/06/2022 10/06/22 Price Changed $19,900 -17.1% $10 / Sq Ft
09/14/2022 09/14/22 For Sale $24,000 -9.4% $12 / Sq Ft
06/24/2022 06/24/22 Sold $26,500 -7.0% $13 / Sq Ft View Prior Sale
06/09/2022 06/09/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $28,500 -12.3% $14 / Sq Ft
02/15/2022 02/15/22 For Sale $32,500 -- $16 / Sq Ft
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 $155 $3,360 $3,360 $0
2023 $155 $3,360 $3,360 $0
2022 $142 $3,300 $0 $0
2021 $136 $3,160 $0 $0
2020 $727 $17,960 $0 $0
2019 $718 $17,740 $0 $0
2018 $689 $17,080 $0 $0
2017 $650 $16,160 $0 $0
2016 $623 $15,540 $0 $0
2015 -- $15,380 $0 $0
2014 -- $14,920 $0 $0
2013 -- $14,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 336476

Baldwin REALTORS®

APN: 43-02-04-0-002-057.000