NOT LISTED FOR SALE

Estimated Value: $306,083

16 Acres
$19,130 Price per Acre
696,960 Sq Ft Lot

Sale Details

Date Sold: November 3, 2022

Last sale price $510,000

Est. 40% decrease in value since last sale

Current estimated payment $1,810 / mo

184 Days on Market

Highlights

  • Barn
  • Farm
  • Security Gate
  • 16 Acre Lot
  • Rural View
  • Pasture

About This Lot

As of November 2022

Let your imagination run with the endless possibilities available for this picturesque property, UNZONED and located in the idyllic Magnolia Springs area and just minutes from the Gulf of Mexico beaches. Whether you are looking for a place to build your dream home or wanting to create a venue for special events, weddings, RV park, CSA, family compound, etc, this parcel is calling you to come explore your dreams and visions. Approximately 16 acres of fenced and cross fenced pastures with two barns, a 4 bay machine shed , two garden sheds and a 2 acre grape vineyards. The western most barn measures 48' x 36', has been partially finished, and provides ample space and comfort for special events or family gatherings. Continue with the improvements and enjoy living quarters to use while building an estate home, or use for guest lodging. The hay loft, along with the other structures on the property, provides a ton of storage of both indoor items and outdoor equipment. The other barn is perfect to use for your horses, sheep or other animals with hay loft above and a tool bay for all your tools. There is an additional spae to use as an office with a half bath and has door overlooking the inside of the barn and also a door to the outside to use as a seperate entrance. The four bay machine shed is ideal to hold your tractors and any farm equipment needed. The two garden sheds are great for your tiller, rakes, shovels, etc. Call today to schedule an appointment for your personal tour of this wonderful property. Please do not drive on property without permission.

Last Agent to Sell the Property

Mary Jane Owen

Crescent Sotheby's Intl Rty-FH License #70867 Listed on: 03/04/2022

Crescent Sotheby's Intl Rty-FH

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Property Details

Property Type

  • Land

Lot Details

  • 16 Acre Lot
  • Lot Dimensions are 300x1168x713x789x418x380
  • Property fronts a county road
  • Cross Fenced
  • Brush Vegetation
  • Level Lot
  • Open Lot
  • Property is zoned Agr

Property Views

  • Rural Views

Schools

  • Magnolia - Baldwin Elementary School
  • Foley Middle School
  • Foley High School

Farming

  • Barn
  • Farm
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 5508270000008000
  • Tax Block T7

Community Details

Overview

  • Magnolia Springs Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Lot Details

16 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: 16 Ac Jb Foley Subd of Sec 27 Lto Pt of E Ms Rec 1 Page 152 Lot E J B Foley Sub Less The Following; Beg at NW Cor of Sd Lot E Th E 417.4', Th S 417.4', Th W 417.4', Th N417.4' to Pob Less Rd R/W Lying in Sec 27-T7S-R3e (Wd)
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Agriculture
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Other Structures: Barn(s), Shed(s)
  • Fencing: Cross Fenced, Fenced
  • View: Rural

Utilities

  • Security: Security Gate
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: MAGNOLIA SPRINGS

Lot Info

  • Acres: 16.0000
  • Possible Use: Agricultural
  • Section G M D: 27
  • Current Zoning: Agr
  • Plat Book: MB1
  • Plat Page: 152
  • Current Use: Agricultural, Farm
  • Lot Features: Farm, Level
  • Lot Dimensions: 300x1168x713x789x418x380
  • Parcel Number: 5508270000008000
  • Price Acre Dollar: 31875.00
  • Horse Amenities: Barn, Pasture
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 87.00
  • Tax Year: 2021

MLS Schools

  • Elementary School: Magnolia - Baldwin
  • High School: Foley
  • Middle School: Foley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Nov 3, 2022
Sold by
Bought by
Seller's Agent
Mary Jane Owen
Crescent Sotheby's Intl Rty-FH
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
List Price
$710,000
Sold Price
$510,000
Premium/Discount to List
-$200,000
-28.17%
Views
13
Current Estimated Value
$306,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$203,917
Avg. Annual Appreciation
-12.79%

Purchase Details

Listed on
Feb 7, 2017
Closed on
May 8, 2017
Sold by
Bought by
Seller's Agent
Bo and Sondra Blackwell Team
Blackwell Realty, Inc.
Buyer's Agent
Bo Blackwell
Blackwell Realty, Inc.
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%
Original Mortgage
$144,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 Professional Land Title
$180,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $144,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2022 11/03/22 Sold $510,000 -7.3% --
09/04/2022 09/04/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $549,900 -4.4% --
07/14/2022 07/14/22 Price Changed $575,000 -4.0% --
03/26/2022 03/26/22 Price Changed $599,000 -13.2% --
03/11/2022 03/11/22 Price Changed $690,000 -2.8% --
03/04/2022 03/04/22 For Sale $710,000 +294.4% --
05/08/2017 05/08/17 Sold $180,000 0.0% -- View Prior Sale
04/03/2017 04/03/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $180,000 -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,704 $60,860 $54,000 $6,860
2024 $1,593 $56,880 $50,600 $6,280
2023 $113 $4,040 $780 $3,260
2022 $92 $3,300 $0 $0
2021 $87 $3,100 $0 $0
2020 $84 $3,000 $0 $0
2019 $60 $2,140 $0 $0
2018 $60 $2,140 $0 $0
2017 $94 $3,360 $0 $0
2016 $94 $3,360 $0 $0
2015 -- $3,180 $0 $0
2014 -- $3,180 $0 $0
2013 -- $3,180 $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: 7012108

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 55-08-27-0-000-008.000

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