NOT LISTED FOR SALE

29382 Josephine Dr Elberta, AL 36530

Estimated Value: $2,246,000 - $2,396,000

8 Beds
6.5 Baths
5,298 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $1,450,000 $274 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $12,567/month

Highlights

  • 110 Feet of Waterfront
  • Pier
  • 4.01 Acre Lot
  • Elberta Elementary School Rated A-
  • Open-Concept Dining Room
  • Beach House

About This Home

As of May 2019

This amazing waterfront home in old Josephine community faces the Intercoastal Canal on Arnica Bay. It is large enough for family and friends to stay together, and it comes fully furnished! Home was completely re-built in 2013 and feels like new construction. This is a rare opportunity to find a home with features that include 8 BR/6.5 BA, Open floor plan, Ship-lap walls, Main floor Master Bedroom, Granite Countertops, upgraded Appliances, Double Ovens, Screened Porch, Open Porch, Glass Porch off Bedroom with beautiful view, Elevator, new Bulkhead and Pier, Irrigation system on a separate Well, Storage Shed, and only 5 minutes by water for boating to Pirate’s Cove! No HOA, so this would be an opportunity to have a VRBO income producing property. One of Sellers is a licensed real estate agent in the State of Alabama.

Last Agent to Sell the Property

Cindy Zebryk

Coldwell Banker Reehl Prop Fairhope License #47812 Listed on: 03/06/2019

Coldwell Banker Reehl Prop Fairhope

Last Buyer's Agent

Rhen Druhan

L L B & B, Inc. License #112000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,241

Lot Details

  • 4.01 Acre Lot
  • Lot Dimensions are 110x1734x100x1766
  • 110 Feet of Waterfront
  • Property Fronts a Bay or Harbor

Home Design

  • Beach House
  • Ridge Vents on the Roof

Interior Spaces

  • 5,298 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Double Pane Windows
  • Open-Concept Dining Room
  • Game Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Pier
  • Bulkhead
  • Glass Enclosed
  • Outdoor Storage

Schools

  • Elberta Elementary And Middle School
  • Foley High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • Elberta Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6207250000049000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,241

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 100'X1800' BEG AT PT ON MARG PERDIDO BAY 2000'DUE E FROM W BOUNDRY SEC 25-8-5 RUN N TO NERN BDRY LINE SD SEC T H W ALG SD BOUNDRY 100' TH S & PARL WITH WERN BOUNDARY SD SE C 25 TO PT ON MARG SD BAY TH E'ERLY FOLLOWING MEANDERS OF SD BAY TO POB
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Beach House
  • Property Condition: Resale
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room
  • Dining Room Features: Open Concept
  • Square Footage: 5298.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 8
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 7
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 110
  • Construction Materials: Block
  • Roof Type: Ridge Vents
  • Patio And Porch Features: Front Porch, Glass Enclosed, Patio, Screened
  • Exterior Features: Storage
  • Foundation: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: ELBERTA

Lot Info

  • Acres: 4.0100
  • Lot Dimensions: 110x1734x100x1766
  • Parcel Number: 6207250000049000
  • Price Acre Dollar: 361596.01
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Multi Family

  • Waterfront Features: Bay Front

MLS Schools

  • Elementary School: Elberta
  • High School: Foley
  • Middle School: Elberta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 14, 2019
Sold by
Hodgson Hodgson Philip M Philip M and Hodgson Jardine Kimberly
Bought by
Smith Taylor Mikell William and Smith Taylor Claire
Seller's Agent
Cindy Zebryk
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
Rhen Druhan
L L B & B, Inc.
Sold Price
$1,450,000
Current Estimated Value
$2,305,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,964
Avg. Annual Appreciation
7.45%
Original Mortgage
$850,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 4, 2018
Sold by
Hodgson Philip M and Jardine Kimberly Hodgeson
Bought by
Hodgson Phillip M and Jordin Kimberly Hodgson
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
Smith Taylor Mikell William $1,450,000 None Available
Hodgson Phillip M $975,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Taylor Mikell William $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2019 05/14/19 Sold $1,450,000 0.0% $274 / Sq Ft
05/14/2019 05/14/19 Sold $1,450,000 -9.3% $274 / Sq Ft View Prior Sale
03/06/2019 03/06/19 Pending -- -- --
03/06/2019 03/06/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $1,599,000 +10.3% $302 / Sq Ft
03/02/2019 03/02/19 Off Market $1,450,000 -- --
02/06/2019 02/06/19 Price Changed $1,599,000 -3.0% $302 / Sq Ft
10/05/2018 10/05/18 For Sale $1,649,000 +13.7% $311 / Sq Ft
10/04/2018 10/04/18 Off Market $1,450,000 -- --
07/23/2018 07/23/18 Price Changed $1,649,000 -2.9% $311 / Sq Ft
05/09/2018 05/09/18 Price Changed $1,699,000 -5.6% $321 / Sq Ft
04/03/2018 04/03/18 For Sale $1,799,000 -- $340 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $5,241 $187,180 $50,600 $136,580
2023 $5,578 $199,200 $45,640 $153,560
2022 $4,491 $160,380 $0 $0
2021 $3,362 $120,420 $0 $0
2020 $3,362 $120,060 $0 $0
2019 $5,994 $214,060 $0 $0
2018 $2,866 $102,360 $0 $0
2017 $2,731 $97,540 $0 $0
2016 $2,726 $97,360 $0 $0
2015 -- $99,440 $0 $0
2014 -- $37,700 $0 $0
2013 -- $64,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cindy Zebryk

    Coldwell Banker Reehl Prop Fairhope

    Section Image

  • R

    Buyer's Agent in 2019

    Rhen Druhan

    L L B & B, Inc.

    (251) 300-0321

    20 Total Sales

    Rhen Druhan
    Section Image
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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0612657

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 62-07-25-0-000-049.000

Alabama Baldwin County Elberta 36530

29382 Josephine Dr, Elberta, AL

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