NOT LISTED FOR SALE

26044 Merchant Ln Elberta, AL 36530

Estimated Value: $206,000 - $362,000

3 Beds
2 Baths
1,431 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $205,000 $143 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,650/month

2 Days on Market

Highlights

  • Great Room
  • Cottage
  • Tile Flooring
  • Elberta Elementary School Rated A-
  • Front Porch
  • En-Suite Primary Bedroom

About This Home

As of August 2022

INVESTOR / HANDYMAN SPECIAL!!! This great brick cottage sits on 2 acres with a 15 x 30 barn just perfect for all your toys and work tools. This home had a new metal roof, new HVAC, New hot water heater and appliances all in 2019. There is some work to be done but the bones are there. Conveniently located just a few miles outside downtown Elberta in the popular Elberta school district but also close to Foley and Pensacola. Here's your chance to own your own place with no HOA. Plenty of room for your boat, RV and whatever you like. There's even a chicken coop ready for your chickens! Due to needed repairs, home will only qualify for cash or conventional financing. Home sold As-Is, where-is.

Last Agent to Sell the Property

Shelli Chambley

LPT Realty, LLC Listed on: 07/28/2022

LPT Realty, LLC

Last Buyer's Agent

Devin Kramer

Farmstead Real Estate and Deve

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 210' x 420'
  • Partially Fenced Property
  • Level Lot

Home Design

  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

  • Elberta Elementary School
  • Elberta High School

Utilities

  • Central Air
  • Heat Pump System
  • Well

Community Details

  • Elsanor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-02-09-0-000-003.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block
  • Construction Status: Resale
  • Intersecting Street: county rd 87
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Partially Fenced, Storage-Out, Porch-Front
  • Property Type: Residential Detached
  • Style: Cottage
  • Parcel Id Tax Id: 53-02-09-0-000-003.000
  • Year Built: 1995
  • Geo Subdivision: AL
  • Living Room Group: Great Room
  • Property Legal Description: 210' X 420'(S) THE W 460' OF THE N 230' OF NW1/4 OF NW1/4 OF NW1/4 CONTAINING 1 ACRE LESS THE N 20
  • Subdivsn Or Commnty: Elsanor
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric, Refrigerator
  • Estimated Living Area: 1431
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11.5 x 11.5, On Level: Main Level
  • Bedroom 3: Dimensions: 11 x 12, On Level: Main Level
  • Bedrooms: 3
  • Floors: Carpet, Tile
  • Great Room: Dimensions: 11.5 x 25, On Level: Main Level
  • Kitchen: Dimensions: 10 x 14, On Level: Main Level
  • Master Bed: Dimensions: 10.5 x 16, On Level: Main Level
  • Price Per Sq Ft: 143.26
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Tub/Shower Combo

Exterior Features

  • Exterior Finish: Brick
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Double Garage

Utilities

  • Heat Cooling: Central Electric (Cool), Heat Pump
  • Utilities: Sewage-Septic, Water-Well, Baldwin Emc

Schools

  • Elementary School: Elberta Elementary
  • High School: Elberta High School

Lot Info

  • Lot Description: 1-3 Acres, Level
  • Lot Size: 210' x 420'

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 466.48
  • Assessor Parcel Number: 029233

MLS Schools

  • Elementary School: Elberta Elementary
  • HighSchool: Elberta High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 5, 2022
Sold by
Lisa Frizzelle
Bought by
Harrison Jeramy and Harrison Alyssa
Seller's Agent
Shelli Chambley
LPT Realty, LLC
Buyer's Agent
Devin Kramer
Farmstead Real Estate and Deve
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$288,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,040
Avg. Annual Appreciation
11.60%
Original Mortgage
$239,200
Outstanding Balance
$228,509
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$59,531

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 24, 2019
Sold by
Barnhill Phillip G
Bought by
Frizzelle Lisa
Seller's Agent
Andrew Barnhill
Barnhill Real Estate
Buyer's Agent
Shelli Chambley
LPT Realty, LLC
List Price
$215,000
Sold Price
$183,000
Premium/Discount to List
-$32,000
-14.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$184,848
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2019
Sold by
Citimortgage Inc
Bought by
Barnhill Phillip G

Purchase Details

Closed on
Oct 14, 2013
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop
Source: Public Records

Range of Values:

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Average Value
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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
Harrison Jeramy $205,000 Taupeka Law Llc
Frizzelle Lisa -- None Available
Barnhill Phillip G $73,500 None Available
The Secretary Of Housing & Urban Develop -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Jeramy $239,200
Previous Owner Frizzelle Lisa $184,848
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $205,000 -2.3% $143 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $209,900 +14.7% $147 / Sq Ft
05/28/2019 05/28/19 Sold $183,000 -8.5% $128 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
03/29/2019 03/29/19 Price Changed $199,900 -4.8% $140 / Sq Ft
03/21/2019 03/21/19 Price Changed $210,000 -2.3% $147 / Sq Ft
03/08/2019 03/08/19 For Sale $215,000 -- $150 / Sq Ft
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 $1,380 $49,280 $14,260 $35,020
2023 $1,217 $43,480 $10,960 $32,520
2022 $551 $19,680 $0 $0
2021 $466 $16,340 $0 $0
2020 $432 $15,420 $0 $0
2019 $711 $25,400 $0 $0
2018 $708 $25,300 $0 $0
2017 $683 $24,380 $0 $0
2016 $682 $24,360 $0 $0
2015 -- $21,520 $0 $0
2014 -- $10,760 $0 $0
2013 -- $10,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 334463

Baldwin REALTORS®

APN: 53-02-09-0-000-003.000