NOT LISTED FOR SALE

28114 Vargo Ln Elberta, AL 36530

Estimated Value: $237,472

5.2 Acres
$45,668 Price per Acre
226,512 Sq Ft Lot

Sale Details

Date Sold: February 22, 2024

Last sale price $370,000

Est. 36% decrease in value since last sale

Current estimated payment $1,413 / 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 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

5.2 Acres

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

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
$237,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,528
Avg. Annual Appreciation
-17.33%

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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