NOT LISTED FOR SALE

1316 Forrest Ct Bay Minette, AL 36507

Estimated Value: $274,000 - $312,000

0.46 Acre
$640,993 Price per Acre
20,038 Sq Ft Lot

Last Sold May 12, 2015

Last sale price $95,000 $46 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,733/month

102 Days on Market

Highlights

  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Double Oven
  • No HOA
  • Formal Dining Room
  • Double Pane Windows

About This Lot

As of May 2015

All brick, 4/2 at end of cul-de-sac street, shade trees, neighbors to one side only, nice wide & deep lot. French doors lead out to large pool in backyard. Kitchen has double oven & cook top. Large living room has bookshelves and cabinets, and den has a cozy woodburning fireplace, large inside utility with storage cabinets. Alabama Right of Redemption applies.

Last Agent to Sell the Property

Frank Vitello

Bay Breeze Realty Brokerage Phone: 251-895-7722 Listed on: 12/31/2014

Last Buyer's Agent

Malcolm Bub Gideons

PHD Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $556

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125 x 160
  • Fenced
  • Level Lot
  • Zoning described as Single Family Residence,Within Corp Limits

Home Design

  • Ranch Property
  • Brick or Stone Mason
  • Slab Foundation
  • Wood Frame Construction
  • Dimensional Roof

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block Lot 3 Unit 3 / Lot 3 Unit 3

Community Details

Overview

  • No Home Owners Association

Recreation

  • Patio
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$556

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub-Type: Ranch
  • ResoCommunityFeatures: None
  • Reso Fencing: Fenced
  • ResoLaundryFeatures: Inside
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.46
  • Attribution Contact: PHONE: 251-895-7722
  • Co List Office Phone: 251-928-4600
  • MLS Status: Closed
  • Subdivision Name: Forest Park
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Fireplace Features: Wood Burning
  • Reso Interior Features: Vaulted Ceiling(s)
  • Unit Levels: One
  • Living Area: 2087
  • Property Attached Yn: No
  • Reso Window Features: Double Pane Windows
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: 1028
  • Property Sub Type: LotsLands

Interior Features

  • Appliances: Dishwasher, Double Oven, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Thermal Doors
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Stories: 1
  • Room Bedroom4 Area: 100
  • Dining Room Features: Breakfast Area-Kitchen, Separate Dining Room
  • Room Bedroom3 Area: 160
  • Room Bedroom2 Area: 216
  • Master Bedroom Master Bedroom Width: 10
  • Room Living Room Area: 280
  • Room Kitchen Area: 165
  • Room Master Bedroom Area: 140
  • Room Dining Room Area: 120

Exterior Features

  • Roof: Dimensional
  • Waterfront Features: Lake Accs (<=1/4 Mi)
  • Home Warranty: No
  • Construction Type: Brick, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 125 x 160
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence,Within Corp Limits
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 556
  • Tax Block: Lot 3 Unit 3
  • Tax Lot: Lot 3 Unit 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2014
Closed on
May 12, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Bates Wesley G and Bates Sarah Rebekah
Seller's Agent
Frank Vitello
Bay Breeze Realty
Buyer's Agent
Malcolm Bub Gideons
PHD Realty, LLC
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$294,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,857
Avg. Annual Appreciation
11.85%
Original Mortgage
$76,000
Outstanding Balance
$59,531
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$235,326

Purchase Details

Closed on
Oct 22, 2014
Sold by
Alabama Housing Finance Authority
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 18, 2014
Sold by
Banning Cecil A
Bought by
Banning Marsha M

Purchase Details

Closed on
Nov 14, 2008
Sold by
Beasley Charles A and Beasley Jean P
Bought by
Banning Cecil A and Banning Marsha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,850
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2004
Sold by
Gaines Herbert E and Gaines Betty C
Bought by
The Bank Of New York Trust Co Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Bates Wesley G $95,000 None Available
Secretary Of Housing & Urban Development $103,660 None Available
Banning Marsha M $72,000 None Available
Banning Cecil A -- Alt
The Bank Of New York Trust Co Na $52,560 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Wesley G $40,000
Open Bates Wesley G $76,000
Previous Owner Banning Cecil A $162,850
Previous Owner The Bank Of New York Trust Co Na $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2015 05/12/15 Sold $95,000 0.0% $46 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $95,000 -- $46 / 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 $1,089 $26,780 $3,060 $23,720
2023 $767 $19,200 $2,460 $16,740
2022 $672 $16,960 $0 $0
2021 $600 $15,260 $0 $0
2020 $572 $14,600 $0 $0
2019 $550 $14,100 $0 $0
2018 $491 $12,700 $0 $0
2017 $496 $12,820 $0 $0
2016 $1,000 $23,540 $0 $0
2015 -- $11,860 $0 $0
2014 -- $14,240 $0 $0
2013 -- $14,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 220378

Baldwin REALTORS®

APN: 23-02-04-4-000-004.000