NOT LISTED FOR SALE

24440 State Highway 59 Robertsdale, AL 36567

Estimated Value: $47,000 - $744,000

7.8 Acres
$72,076 Price per Acre
339,768 Sq Ft Lot

Last Sold October 26, 2021

Last sale price $225,000

Est. 150% increase in value since last sale

Current estimated payment $3,294/month

307 Days on Market

About This Lot

As of October 2021

LOCATION!LOCATION!LOCATION!!!! 7.80 ACRES, and It's CLEARED!!! Zoned B2. A Block from Central Baldwin Middle School. Apx 5 minutes from I-10. Located on one of the busiest Highways in Baldwin County, (Highway 59), Hwy 59 takes you straight to the Gulf Shores Beach. There are ENDLESS POSSIBILITIES on what you can build on this acreage. One might want to put a Hotel, Motel, Gas Station, Bank, Credit Union, Restaurant or Fast Food Restaurant, Car Wash Facility, Ice Cream Shop, Day Care, Pet Shop, Barber Shop, Beauty Salon, Bakery Shop, Strip Mall, and more....It will be the perfect location for visitors to stop before they get to their destination. This is One of a Kind.

Last Agent to Sell the Property

Jennifer Earp

EXIT Realty Gulf Shores Listed on: 07/25/2020

EXIT Realty Gulf Shores

Co-Listed By

Jenise Brocks

EXIT Realty Gulf Shores

Last Buyer's Agent

Jennifer Earp

EXIT Realty Gulf Shores Listed on: 07/25/2020

EXIT Realty Gulf Shores

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,137

Lot Details

  • 7.8 Acre Lot
  • Lot Dimensions are 350.51x882.18x317.27
  • Property fronts a state road

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 42-07-25-0-000-016.004

Property Details

Property Type

Land

Est. Annual Taxes

$4,137

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Mineral Rights: No Rights
  • Property Type: Land
  • Suitable Use: Agricultural, Business/Comm, Multi-Family
  • Associated Document Count: 2
  • Lot Type: Land
  • Misc Search: Presently Rented
  • Parcel Id Tax Id: 42-07-25-0-000-016.004
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 28846.15

Exterior Features

  • Water Property Type: No Waterfront
  • Road Description: Paved, State Road

Schools

  • Elementary School: Robertsdale Elementary
  • High School: Robertsdale High

Lot Info

  • Estimated Lot Size: 7.8
  • Lot Block Unit: 2
  • Lot Description: 5-10 Acres
  • Lot Size: 350.51x882.18x317.27
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 13.86
  • Assessor Parcel Number: 343591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Capital Managing Inv Llc
Bought by
Amfirst Insurance Company
Current Estimated Value
$562,192

Purchase Details

Closed on
Aug 24, 2023
Sold by
Terrell Lisa Lowery and Terrell Bobby Wayne
Bought by
Capital Managment Investments Llc

Purchase Details

Closed on
Jul 31, 2023
Sold by
Sun Coast Holdings Llc
Bought by
Lilly Pad Enterprise Llc

Purchase Details

Listed on
Jul 25, 2020
Closed on
Oct 26, 2021
Sold by
Lowery Evelyn Davison
Bought by
Sun Coast Holdings Llc
Seller's Agent
Jennifer Earp
EXIT Realty Gulf Shores
Buyer's Agent
Jennifer Earp
EXIT Realty Gulf Shores
List Price
$264,900
Sold Price
$225,000
Premium/Discount to List
-$39,900
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.73%
Original Mortgage
$168,750
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 25, 2020
Closed on
Jun 11, 2021
Sold by
Lowery Evelyn Davison
Bought by
Kmg Investments Llc
Seller's Agent
Jennifer Earp
EXIT Realty Gulf Shores
Buyer's Agent
Jenise Brocks
EXIT Realty Gulf Shores
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.79%

Purchase Details

Closed on
Jun 1, 2012
Sold by
Lowery Evelyn Ann and Betty Jo Ray Irrevocable Trust
Bought by
Terrell Lisa Lowery and Terrell Bobby Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Amfirst Insurance Company $725,000 None Listed On Document
Capital Managment Investments Llc $475,000 None Listed On Document
Lilly Pad Enterprise Llc $2,412,000 None Listed On Document
Sun Coast Holdings Llc $225,000 None Available
Kmg Investments Llc $210,000 None Available
Terrell Lisa Lowery -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Coast Holdings Llc $168,750
Previous Owner Terrell Lisa Lowery $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $225,000 -5.5% --
05/28/2021 05/28/21 Pending -- -- --
12/08/2020 12/08/20 Price Changed $238,000 -10.2% --
07/25/2020 07/25/20 For Sale $264,900 -- --
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 $4,137 $114,920 $94,060 $20,860
2023 $1,136 $29,280 $7,240 $22,040
2022 $942 $26,160 $0 $0
2021 $786 $23,820 $0 $0
2020 $708 $21,460 $0 $0
2019 $740 $22,420 $0 $0
2018 $740 $22,420 $0 $0
2017 $700 $20,820 $0 $0
2016 $713 $21,220 $0 $0
2015 $674 $20,020 $0 $0
2014 $661 $20,020 $0 $0
2013 -- $10,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 301832

Baldwin REALTORS®

APN: 42-07-25-0-000-016.000