NOT LISTED FOR SALE

Estimated Value: $219,000 - $312,000

3 Beds
2 Baths
2,294 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $171,000 $75 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,538/month

8 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • 2 Car Attached Garage
  • W. J. Carroll Intermediate School Rated A-
  • Main Floor Primary Bedroom
  • Tile Flooring

About This Home

As of June 2024

Nestled within the serene environs of Daphne, Alabama, 261 Rolling Hill Drive beckons with an irresistible allure for house flippers seeking their next venture. This discounted property stands as a beacon of potential, mere minutes away from the picturesque Mobile Bay and a short, scenic drive to the azure waters of the Gulf of Mexico. Situated on a sprawling lot, this residence presents a canvas ripe for transformation, offering ample space for creative renovation projects and the realization of visionary designs. Immersed in the esteemed ambiance of a golf course community, this property is more than just a fixer-upper; it's a gateway to a lifestyle of leisure and luxury. Residents of this esteemed locale enjoy access to a plethora of amenities, including multiple pools for languid afternoons under the sun, tennis courts for spirited matches, and the allure of pristine fairways beckoning golf enthusiasts. For those with an equestrian inclination, the community also boasts horse stables, adding a rustic charm to the tapestry of amenities that define this coveted neighborhood. Whether crafting a dream home or pursuing a lucrative investment opportunity, 261 Rolling Hill Drive stands as the quintessential embodiment of possibility in the realm of real estate. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Last Agent to Sell the Property

Ralph Harvey

List With Freedom, Inc Listed on: 04/22/2024

List With Freedom, Inc

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1976

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 74 x 191 x 74 x 191
  • Level Lot

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • No Kitchen Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Schools

  • Daphne Elementary School
  • Daphne Middle School
  • Daphne High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / 6
  • Assessor Parcel Number 4303050003006.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 1976

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • View: Wooded
  • Parcel Number: 4303050003006.000
  • Year Built: 1976
  • Property Sub-Type: Traditional
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Less than 1 acre, Level
  • Lot Size Acres: 0.347
  • Co List Office Phone: 855-456-4945
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Lake Forest
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Assessor
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Unit Levels: Two
  • Living Area: 2294
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile
  • ResoLivingAreaSource: Assessor
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • View: Yes
  • Waterfront Features: No Waterfront
  • Construction Type: Wood Siding, Wood Frame

Garage/Parking

  • Covered Parking Spaces: 2
  • Attached Garage: No
  • Parking Features: Attached, Double Carport
  • Total Parking Spaces: 2

Utilities

  • Utilities: Riviera Utilities
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 70
  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Middle Or Junior School: Daphne Middle

Lot Info

  • Lot Dimensions: 74 x 191 x 74 x 191
  • Lot Size Sq Ft: 15115.32
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2272.4
  • Tax Block: 6
  • Tax Lot: 6

MLS Schools

  • Elementary School: Daphne Elementary
  • HighSchool: Daphne High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 7, 2024
Sold by
Beck Ann Cole and Furr Bonnie Cole
Bought by
As Is Alabama Llc
Seller's Agent
Ralph Harvey
List With Freedom, Inc
Buyer's Agent
Non Member
Non Member Office
List Price
$194,977
Sold Price
$171,000
Premium/Discount to List
-$23,977
-12.3%
Views
21
Current Estimated Value
$270,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,088
Avg. Annual Appreciation
39.27%
Original Mortgage
$136,800
Outstanding Balance
$129,710
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$140,378

Purchase Details

Closed on
Nov 10, 2023
Sold by
Eubanks Faye Cole
Bought by
Furr Bonnie Cole and Beck Ann Cole
Source: Public Records

Range of Values:

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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
As Is Alabama Llc $140,000 None Listed On Document
Furr Bonnie Cole $284,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open As Is Alabama Llc $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $171,000 +3.6% $75 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $165,000 -15.4% $72 / Sq Ft
04/22/2024 04/22/24 For Sale $194,977 -- $85 / 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 $1,326 $28,820 $1,600 $27,220
2023 $1,137 $24,720 $1,600 $23,120
2022 $1,942 $45,160 $0 $0
2021 $1,729 $40,500 $0 $0
2020 $0 $19,300 $0 $0
2019 $0 $18,660 $0 $0
2018 $0 $17,980 $0 $0
2017 $0 $17,020 $0 $0
2016 $0 $16,180 $0 $0
2015 -- $15,800 $0 $0
2014 -- $15,160 $0 $0
2013 -- $14,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 361285

Baldwin REALTORS®

APN: 43-03-05-0-003-006.000