NOT LISTED FOR SALE

28114 Vargo Ln Elberta, AL 36530

Estimated Value: $253,337

5.2 Acres
$48,719 Price per Acre
226,512 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $370,000

Est. 32% decrease in value since last sale

Current estimated payment $1,402/month

4 Days on Market

About This Lot

As of February 2024

This outstanding 5.2-acre land parcel, situated in Elberta, AL, provides a unique opportunity for prospective buyers seeking a versatile property. The land features a well-maintained 40X60 building constructed in 2005, currently in use and excellent condition, complete with a full bath. There is significant potential for various ventures, and the interior of the structure can be customized to your specifications. Zoned as light industrial, the surrounding area encompasses a mix of residential and commercial properties, including Perdido Bay Water and a storage facility. The property is already equipped with fencing, power, and a well, streamlining the development process. With excellent visibility and accessibility, this location is ideal for your business.

Last Agent to Sell the Property

Miriam Huffstutler

Realty Executives Gulf Coast Listed on: 01/19/2024

Realty Executives Gulf Coast

Last Buyer's Agent

Meagan Elizabeth Summers

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $473

Lot Details

  • 5.2

Schools

  • Elberta Elementary School
  • Elberta Middle School
  • Elberta High School

Additional Features

  • 5.2 Acre Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 62-01-02-0-000-004.019

Property Details

Property Type

Land

Est. Annual Taxes

$473

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Intersecting Street: County Rd 95
  • Property Type: Land
  • Lot Type: Land
  • Parcel Id Tax Id: 62-01-02-0-000-004.019
  • Geo Subdivision: AL
  • Property Legal Description: 5.2 AC(C) COM AT SW COR OF NW1 4 OF SW1 4 TH N 547.4 TH E 526.5 TO POB TH N 758.1 TO VARGO LN TH E 4
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 71153.85

Exterior Features

  • Water Property Type: No Waterfront

Utilities

  • Utilities: Sewage-Septic, Water-Well, Baldwin Emc

Lot Info

  • Estimated Lot Size: 5.2
  • Lot Description: 5-10 Acres
  • Lot Size: 5.2 acres

Tax Info

  • Property Taxes: 472.64
  • Assessor Parcel Number: 217141

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 22, 2024
Sold by
Langford Curtis E
Bought by
Beacon Holdings Llc
Seller's Agent
Miriam Huffstutler
Realty Executives Gulf Coast
Buyer's Agent
Meagan Elizabeth Summers
RE/MAX of Orange Beach
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Views
10
Current Estimated Value
$253,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,663
Avg. Annual Appreciation
-17.90%

Purchase Details

Closed on
Feb 18, 2005
Sold by
Coussement Sylvere H and Kesterson Martha A
Bought by
Langford Curtis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,875
Interest Rate
5.68%
Mortgage Type
Commercial
Source: Public Records
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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
Beacon Holdings Llc $370,000 Professional Land Title
Langford Curtis E -- Professional Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langford Curtis E $46,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $370,000 -7.3% --
01/23/2024 01/23/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $399,000 -- --
Source: Baldwin REALTORS®

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 $679 $24,260 $12,240 $12,020
2023 $597 $20,740 $10,080 $10,660
2022 $553 $19,760 $0 $0
2021 $473 $17,780 $0 $0
2020 $445 $15,880 $0 $0
2019 $405 $14,460 $0 $0
2018 $381 $13,620 $0 $0
2017 $398 $14,220 $0 $0
2016 $404 $14,440 $0 $0
2015 $392 $14,000 $0 $0
2014 $398 $14,220 $0 $0
2013 -- $14,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Miriam Huffstutler

    Realty Executives

    (205) 369-2251

    9 in this area

    48 Total Sales

    Miriam Huffstutler
    Section Image
  • Meagan Elizabeth Summers

    Buyer's Agent in 2024

    Meagan Elizabeth Summers

    RE/MAX of Orange Beach

    (251) 597-8125

    8 in this area

    98 Total Sales

    Meagan Elizabeth Summers
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 356521

Baldwin REALTORS®

APN: 62-01-02-0-000-004.019

Alabama Baldwin County Elberta 36530

28114 Vargo Ln, Elberta, AL

Not Listed for Sale

Lots

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