NOT LISTED FOR SALE

1416 Surrey Loop Foley, AL 36535

Estimated Value: $337,361 - $363,000

3 Beds
2 Baths
1,892 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $309,000 $163 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,069/month

2 Days on Market

Highlights

  • Gated Community
  • Stone Countertops
  • Cottage
  • Lake View
  • Screened Porch
  • Walk-In Pantry

About This Home

As of April 2022

Centrally located in the exclusive GATED lakefront community of Cypress Gates in downtown Foley. Just minutes from shopping, OWA & Foley Hospital. This is the home you have been looking for!! Entering the spacious foyer, you notice the high ceilings, open concept kitchen, center island with bar, stainless steel appliances, large walk-in pantry with wooden shelving. The spacious master bedroom offers a large full bathroom with oversized soaking tub, large separate shower, private water closet & a large walk-in closet. Other two bedrooms at front of home with nice size closets and shared bath. There is a separate mud room between 2 car attached garage and kitchen with a built-in bench & a large separate laundry room with tons of storage. Tile in all wet areas, living room, and hallways. Carpet in bedrooms. Screened back porch. View of the community lake. This could be the ONE...Call your favorite realtor quick.

Last Agent to Sell the Property

Erica Tivet

Beyond The Sail Realty License #107964 Listed on: 04/01/2022

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $255

Year Built

  • Built in 2019

Lot Details

  • 7,636 Sq Ft Lot
  • Lot Dimensions are 117x81x110x56
  • Landscaped
  • Back and Front Yard

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Schools

  • Foley Elementary And Middle School
  • Foley High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5404203000003013

Community Details

Overview

  • Cypress Gates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$255

Year Built

Built in 2019

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 38.5' X 116.9' IRR LOT 83 CYPRESS GATES SUB PHASE 1-B SLIDE 2644-D & E LYING IN THE CITY OF FOLEY SEC 20-T7S-R4E (WD)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 2019
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room, Other
  • Square Footage: 1892.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Soaking Tub

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Exterior Features: Rain Gutters
  • View: Lake
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: CYPRESS GATES

Schools

  • Elementary School: Foley
  • Middle School: Foley
  • High School: Foley

Lot Info

  • Acres: 0.1753
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Dimensions: 117x81x110x56
  • Parcel Number: 5404203000003013
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 255.00
  • Assessor Parcel Number: 54-04-20-3-000-003.013
  • Close Date: 2022-04-29
  • Tax Year: 2019

MLS Schools

  • Elementary School: Foley
  • High School: Foley
  • Middle School: Foley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Jul 15, 2020
Sold by
Marlowe Michael T and Marlowe Pamela B
Bought by
Polk Dewey R
Seller's Agent
Cynthia Hughes
Portside Realty, LLC
Buyer's Agent
Ken Talbert
Coldwell Banker Reehl Prop Fairhope
List Price
$219,000
Sold Price
$219,000
Total Days on Market
2
Current Estimated Value
$350,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,590
Avg. Annual Appreciation
10.17%
Original Mortgage
$219,000
Outstanding Balance
$197,198
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$154,095

Purchase Details

Listed on
Apr 23, 2019
Closed on
Sep 24, 2019
Sold by
Dsld Homes Llc
Bought by
Marlowe Michael T and Marlowe Pamela B
Seller's Agent
MaryWyman Moore
Gulf Shores Vacation Rentals
Buyer's Agent
Lanny Brown
RE/MAX of Orange Beach
List Price
$213,900
Sold Price
$217,820
Premium/Discount to List
$3,920
1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$95,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Polk Dewey R $219,000 None Available
Marlowe Michael T $217,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polk Dewey R $219,000
Previous Owner Marlowe Michael T $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $309,000 0.0% $163 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
04/02/2022 04/02/22 Price Changed $309,000 +1.3% $163 / Sq Ft
04/01/2022 04/01/22 For Sale $305,000 +39.3% $161 / Sq Ft
07/15/2020 07/15/20 Sold $219,000 -0.4% $119 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $219,900 +0.4% $120 / Sq Ft
05/23/2020 05/23/20 For Sale $219,000 +0.5% $119 / Sq Ft
09/24/2019 09/24/19 Sold $217,820 0.0% $119 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $217,820 +1.8% $119 / Sq Ft
04/30/2019 04/30/19 For Sale $213,900 0.0% $117 / Sq Ft
04/30/2019 04/30/19 Price Changed $213,900 +0.5% $117 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $212,900 -- $116 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $2,099 $63,620 $7,700 $55,920
2023 $2,154 $65,280 $9,080 $56,200
2022 $0 $27,060 $0 $0
2021 $0 $23,620 $0 $0
2020 $255 $22,740 $0 $0
2019 $255 $7,740 $0 $0
2018 $0 $7,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 7024807

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 54-04-20-3-000-003.013