NOT LISTED FOR SALE

28114 Vargo Ln Elberta, AL 36530

Elberta Area

Estimated Value: $395,524

5.2 Acres
$76,062 Price per Acre
226,512 Sq Ft Lot

Sale Details

Date Sold: February 22, 2024

Last sale price $370,000

Est. 7% increase in value since last sale

Current estimated payment $2,303 / mo

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 Brokerage Phone: 205-369-2251 License #106161 Listed on: 01/19/2024

Last Buyer's Agent

Meagan Elizabeth Summers

RE/MAX of Orange Beach License #115721

RE/MAX of Orange Beach
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Property Details

Property Type

  • Land

Year Built

  • Built in 2005

Lot Details

  • 5.2 Acre Lot

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Property Details

Property Type

Land

Year Built

Built in 2005

Lot Details

5.2 Acres

Listing Details

  • Property Type: Land
  • View: None/Not Applicable
  • Parcel Number: 62-01-02-0-000-004.019
  • Year Built: 2005
  • Property Sub-Type: Land
  • ResoLotFeatures: Land
  • Lot Size Acres: 5.2
  • Attribution Contact: CELL: 205-369-2251
  • Co List Office Phone: 251-968-4300
  • MLS Status: Closed
  • Subdivision Name: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No
  • Waterfront Features: No Waterfront

Utilities

  • Utilities: Water Well, Baldwin EMC, Sewage Septic

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Elberta Middle

Green Features

Multi Family

Tax Info

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 22, 2024
Sold by
Bought by
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
$395,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,524
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Elberta, AL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 Professional Land Title
-- Professional Land Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,565 $55,880 $29,660 $26,220
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

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Map

Source: Baldwin REALTORS®

MLS Number: 356521

Baldwin REALTORS®

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

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