NOT LISTED FOR SALE

Estimated Value: $1,707,000 - $3,107,338

3.35 Acres
$718,558 Price per Acre
145,926 Sq Ft Lot

Last Sold February 01, 2019

Last sale price $1,250,000

Est. 93% increase in value since last sale

Current estimated payment $14,117/month

330 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fairhope West Elementary School Rated A-
  • 3.35 Acre Lot

About This Lot

As of February 2019

Watch the sun settle gently into the Bay every night. Enjoy the peace and tranquility of Montrose. The infrastructure for your private retreat are all in place; a sturdy pier stacked stone privacy and retention wall, an elegant stone entrance, a wooden stairway down the bluff, historic oaks and a sandy beach. Ecor Rouge, the bluff area in Montrose, is one of the highest coastal elevations between Maine and Mexico. You could call it home.

Last Agent to Sell the Property

Randy Niemeyer

Ashurst & Niemeyer LLC Listed on: 01/23/2018

Last Buyer's Agent

Laurie Weber

Mobile Bay Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,500

Lot Details

  • 3.35 Acre Lot
  • Lot Dimensions are 158x925
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Finished Lot(s)

Schools

  • Fairhope Elementary School
  • Fairhope High School

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Well
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 43-09-43-0-000-036.000

Property Details

Property Type

Land

Est. Annual Taxes

$7,500

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Intersecting Street: Chapman
  • Mineral Rights: Unknown
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • View: Direct Bay Front
  • Zoning Area: Single Family Residence
  • Associated Document Count: 8
  • Lot Type: Lot
  • Parcel Id Tax Id: 43-09-43-0-000-036.000
  • Geo Subdivision: AL
  • Governing Municipality: Baldwin County
  • Subdivsn Or Commnty: Montrose
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 373134.33

Exterior Features

  • Boat Facilities: Water Depth (4 Ft+)
  • Body Of Water: Mobile Bay
  • Waterfront: Yes
  • Water Property Type: Bay Front
  • Road Description: County Road
  • Road Frontage: 158

Utilities

  • Utilities: Cable Tv, Gas-Natural, Sewage-City, Underground Utilities, Water-City, Water-Well

Schools

  • Elementary School: Fairhope Elementary
  • High School: Fairhope High

Lot Info

  • Estimated Lot Size: 3.35
  • Lot Description: 3-5 Acres
  • Lot Size: 158x925

Tax Info

  • Property Taxes: 7500
  • Assessor Parcel Number: 035693

MLS Schools

  • Elementary School: Fairhope Elementary
  • HighSchool: Fairhope High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jan 31, 2019
Sold by
Wagner Bruce R and Wagner Cathy J
Bought by
Reineck Kurt and Reineck Holly
Seller's Agent
Randy Niemeyer
Ashurst & Niemeyer LLC
Buyer's Agent
Laurie Weber
Mobile Bay Realty
List Price
$1,745,000
Sold Price
$1,250,000
Premium/Discount to List
-$495,000
-28.37%
Current Estimated Value
$2,407,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,157,169
Avg. Annual Appreciation
10.99%
Original Mortgage
$440,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2008
Sold by
Norris William B and Norris Jennifer L
Bought by
Wagner Bruce R and Wagner Cathy J
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Reineck Kurt $810,000 None Available
Wagner Bruce R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reineck Holly $1,640,000
Closed Reineck Kurt $431,011
Closed Reineck Kurt $440,000
Previous Owner Wagner Bruce R $888,200
Previous Owner Wagner Bruce R $904,500
Previous Owner Norris William B $302,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $1,250,000 -16.1% --
12/19/2018 12/19/18 Pending -- -- --
09/18/2018 09/18/18 Price Changed $1,490,000 -3.9% --
08/21/2018 08/21/18 Price Changed $1,550,000 -3.1% --
07/20/2018 07/20/18 Price Changed $1,600,000 -8.3% --
01/23/2018 01/23/18 For Sale $1,745,000 -- --
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 $12,317 $268,740 $138,620 $130,120
2023 $12,481 $272,300 $139,720 $132,580
2022 $12,666 $276,320 $0 $0
2021 $11,022 $207,800 $0 $0
2020 $10,632 $231,140 $0 $0
2019 $8,421 $195,840 $0 $0
2018 $8,421 $195,840 $0 $0
2017 $7,754 $180,320 $0 $0
2016 $7,754 $180,320 $0 $0
2015 -- $180,200 $0 $0
2014 -- $180,200 $0 $0
2013 -- $197,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 264555

Baldwin REALTORS®

APN: 43-09-43-0-000-036.000