NOT LISTED FOR SALE

Estimated Value: $1,010,000 - $1,198,000

4 Beds
3 Baths
2,850 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $455,700 $160 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $6,230/month

426 Days on Market

Highlights

  • Pier
  • River Front
  • Screened Porch
  • Boat Lift
  • Wood Flooring
  • Cottage

About This Home

As of May 2013

Peaceful setting in Historic District of Magnolia Springs. Located on quiet cove off Magnolia River where mail is still delivered by boat! 2003 renovation included master suite, screen porch, Anderson windows, Hardi-board siding, 25yr Timberline roof. Zone HVAC replaced in 2012. Boat house w/ pier. Community riverside park. Agent owned. Potential Short Sale. All Offers Subject to Lender Approval.

Last Agent to Sell the Property

Non Member

Non Member Office Listed on: 02/14/2012

Last Buyer's Agent

Kevin Corcoran

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 137 x 280
  • River Front

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Water Views
  • Termite Clearance

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Pier
  • Boat Lift
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • Magnolia Springs Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,975

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Property Amenities: Porch-Screened, Storage Building, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Year Built: 1978
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Magnolia Springs
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range-Gas
  • Estimated Living Area: 2850
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x10, On Level: 2
  • Bedroom 3: Dimensions: 16x10, On Level: 2
  • Bedroom 4: Dimensions: 10x11, On Level: Main Level
  • Bedrooms: 4
  • Den: Dimensions: 14x18
  • Dining Area: Dimensions: 11x11, On Level: Main Level
  • Dining Area Type: Separate Dining Room
  • Fireplace: Gas Logs, Woodburning
  • Floors: Carpet, Tile, Wood
  • Kitchen: Dimensions: 10x10, On Level: Main Level
  • Living Room: Dimensions: 20x14, On Level: 2
  • Master Bed: Dimensions: 14x15, On Level: 2
  • Other Rooms: Living Room, Utility Room-Inside
  • Price Per Sq Ft: 159.89
  • Property Interior Stories: 2

Exterior Features

  • Boat Facilities: Boat Dock, Covered
  • Exterior Finish: Concrete Board
  • Roof: Composition Shingle
  • Waterfront: Yes
  • Water Property Type: River Front - Building

Garage/Parking

  • Garage Parking: Single Carport

Utilities

  • Heat Cooling: Central Electric, Zoned
  • Utilities: Gas-Natural, Sewage-Septic, Water Heater-Electric, Water-City, Water-Well

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Description: Water View, Waterfront, Pier, Boat Lift
  • Lot Size: 137 x 280

Tax Info

  • Assessor Parcel Number: 042305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
May 15, 2013
Sold by
Andrews John M and Andrews Susan K
Bought by
Gardner Ii James Stephen and Gardner Marley M
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
Kevin Corcoran
RE/MAX of Gulf Shores
List Price
$455,700
Sold Price
$455,700
Current Estimated Value
$1,106,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,775
Avg. Annual Appreciation
6.76%
Original Mortgage
$364,560
Outstanding Balance
$92,198
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$927,743
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
Gardner Ii James Stephen $455,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Ii James Stephen $150,000
Open Gardner Ii James Stephen $364,560
Previous Owner Andrews John M $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $455,700 0.0% $160 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/14/2012 02/14/12 For Sale $455,700 -- $160 / 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 $2,975 $91,520 $39,000 $52,520
2023 $2,802 $86,280 $41,640 $44,640
2022 $2,066 $63,960 $0 $0
2021 $1,863 $57,640 $0 $0
2020 $1,775 $55,160 $0 $0
2019 $1,787 $55,500 $0 $0
2018 $1,730 $53,800 $0 $0
2017 $1,574 $49,060 $0 $0
2016 $1,560 $48,640 $0 $0
2015 -- $46,500 $0 $0
2014 -- $46,500 $0 $0
2013 -- $52,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 184175

Baldwin REALTORS®

APN: 55-08-33-0-000-089.000