NOT LISTED FOR SALE

12461 Bay Rd W Foley, AL 36535

Estimated Value: $625,000 - $961,000

9 Acres
$89,323 Price per Acre
370,260 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $162,500

Est. 361% increase in value since last sale

Current estimated payment $4,291/month

160 Days on Market

About This Lot

As of April 2023

Partially cleared 8.5 acre lot nestled in the woods just off of County Road 12. This lot has power, septic and well in place and ready for your dream home. conveniently located just 10 miles from shopping in Foley and 13 miles From gulf shores beaches this property truly is country living at the beach! Property currently has a mobile home on it that is being removed prior to sale.

Last Agent to Sell the Property

Trevor White

Scout South Properties Listed on: 09/13/2022

Last Buyer's Agent

Trevor White

Scout South Properties Listed on: 09/13/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $304

Lot Details

  • 8.5

Schools

  • Magnolia Elementary School
  • Foley High School

Additional Features

  • 8.5 Acre Lot
  • Views of Woods
  • Well

Listing and Financial Details

  • Assessor Parcel Number 60-03-06-0-000-005.005

Property Details

Property Type

Land

Est. Annual Taxes

$304

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Property Type: Land
  • View: Wooded
  • Lot Type: Land
  • Parcel Id Tax Id: 60-03-06-0-000-005.005
  • Geo Subdivision: AL
  • Property Legal Description: 8.5 AC COM AT SW COR OF FRL SEC 6, TH N 40', TH E 2370', TH N 622.3' TO POB, TH W 525', TH NW 881',
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 19117.65

Exterior Features

  • Water Property Type: No Waterfront

Utilities

  • Utilities: Sewage-Septic, Water-Well, Baldwin Emc

Schools

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

Lot Info

  • Estimated Lot Size: 8.5
  • Lot Description: 5-10 Acres
  • Lot Size: IRR

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 303.96
  • Assessor Parcel Number: 222440

MLS Schools

  • Elementary School: Magnolia School
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2007
Sold by
Reeves Elaine H
Bought by
Sherman John L and Sherman Angela Kay
Current Estimated Value
$749,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Sherman John L -- Gsts
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sherman John L $315,000
Closed Sherman John L $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $162,500 0.0% --
02/20/2023 02/20/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $162,500 -5.8% --
01/21/2023 01/21/23 Price Changed $172,500 -11.9% --
12/06/2022 12/06/22 Price Changed $195,900 -18.4% --
11/12/2022 11/12/22 Price Changed $240,000 -7.7% --
10/18/2022 10/18/22 Price Changed $260,000 -10.3% --
09/13/2022 09/13/22 For Sale $290,000 -- --
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 $1,815 $66,420 $15,260 $51,160
2023 $1,950 $70,900 $14,640 $56,260
2022 $1,466 $53,960 $0 $0
2021 $1,336 $49,320 $0 $0
2020 $1,287 $47,560 $0 $0
2019 $1,175 $43,560 $0 $0
2018 $1,164 $43,180 $0 $0
2017 $1,110 $41,240 $0 $0
2016 $1,106 $41,100 $0 $0
2015 $1,014 $37,820 $0 $0
2014 $990 $36,980 $0 $0
2013 -- $35,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 336416

Baldwin REALTORS®

APN: 60-03-06-0-000-005.004