NOT LISTED FOR SALE

24 Old Federal Rd Magnolia Springs, AL 36555

Estimated Value: $116,000

0.28 Acre
$414,286 Price per Acre
12,197 Sq Ft Lot

Last Sold June 27, 2019

Last sale price $70,000

Est. 66% increase in value since last sale

Current estimated payment $654/month

Highlights

  • Docks
  • Gated Community
  • Level Lot
  • River Front
  • Fenced

About This Lot

As of June 2019

One of the neatest, most unique neighborhoods in Baldwin County. Only $150 per month takes care of Lawn, Pool, Clubhouse. Pond and river front facilities. All this located in a gated convenient neighborhood.

Last Agent to Sell the Property

Mark Martin

Roberts Brothers Eastern Shore License #45683 Listed on: 06/25/2019

Roberts Brothers Eastern Shore

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $138

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85x144
  • River Front
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Property is zoned R1

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 5508380000050001910

Community Details

Recreation

  • Bulkhead
  • Docks
  • Deeded Dock Access

Additional Features

  • The Commons Condo Subdivision
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$138

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: UNIT #24 THE COMMONS CONDO GR SEC 38-T7S-R3E (WD)
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Fencing: Fenced
  • Pool Private: No

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: THE COMMONS CONDO

Schools

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

Lot Info

  • Acres: 0.2800
  • Possible Use: Residential
  • Current Zoning: R1
  • Current Use: Residential
  • Lot Features: Level, Street Lights
  • Lot Dimensions: 85x144
  • Parcel Number: 5508380000050001910
  • Price Acre Dollar: 250000.00
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 138.00
  • Assessor Parcel Number: 55-08-38-0-000-050.001-910
  • Close Date: 2019-06-27

Multi Family

  • Waterfront Features: River Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jun 27, 2019
Sold by
Thomas Rachel and Thomas Rachel David
Bought by
Palm Park Llc
Seller's Agent
Mark Martin
Roberts Brothers Eastern Shore
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$70,000
Current Estimated Value
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,000
Avg. Annual Appreciation
8.46%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Palm Park Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $70,000 0.0% --
06/27/2019 06/27/19 Sold $70,000 -4.0% --
06/25/2019 06/25/19 Pending -- -- --
06/25/2019 06/25/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $72,900 -- --
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 $437 $15,600 $15,600 $0
2023 $430 $15,360 $15,360 $0
2022 $379 $13,520 $0 $0
2021 $315 $13,520 $0 $0
2020 $315 $11,260 $0 $0
2019 $137 $4,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Martin

    Seller's Agent in 2019

    Mark Martin

    Roberts Brothers Eastern Shore

    (251) 401-9695

    1 in this area

    87 Total Sales

    Mark Martin
    Section Image

  • N

    Buyer's Agent in 2019

    NOT MULTIPLE LISTING

    NOT MULTILPLE LISTING

  • Doug Jacobs

    Buyer's Agent in 2019

    Doug Jacobs

    Doug Jacobs Real Estate, Inc.

    (251) 752-3040

    56 Total Sales

    Doug Jacobs
    Section Image
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Map

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

MLS Number: 0628422

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 55-08-38-0-000-050.001-915

Alabama Baldwin County Magnolia Springs 36535

24 Old Federal Rd, Magnolia Springs, AL

This home is located at 24 Old Federal Rd, Magnolia Springs, AL 36555 since 25 June 2019 and is currently estimated at $116,000. 24 Old Federal Rd is a home located in Baldwin County with nearby schools including Magnolia School, Foley Middle School, and Foley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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