NOT LISTED FOR SALE

311 Magnolia Ave Unit 13 Satsuma, AL 36572

Estimated Value: $359,006 - $509,000

2 Beds
2.5 Baths
1,749 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $230,000 $132 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,425/month

Highlights

  • Docks
  • Pier
  • Property fronts a bayou
  • Robert E. Lee Elementary School Rated A-
  • Boat or Launch Ramp
  • Home fronts a creek

About This Home

As of October 2017

WHAT A VIEW! Seller is motivated and will entertain all reasonable offers. This tucked away hidden paradise has so much to offer, pool area, deeded boat slip, access to the boat launch and pier. This 2 bedroom, 2.5 bathroom townhome is located within the gated community of Cypress Landing and offers a spectacular view of Steel Creek in Satsuma. There are 3 levels to this town home. The ground level is a 2 car garage with several enclosed storage areas and a concrete patio area overlooking the water. The second level offers the kitchen, dining area, guest half bathroom, living area with electric fireplace and a balcony area off each side of the house. The balcony area off the living area has a BREATHTAKING view of the creek lined by beautiful Cypress trees. The kitchen area with tile flooring, lots of cabinets, stainless appliances and beautiful granite countertops. The dining area overlooks a view of one of the balcony areas. There is a half bathrooms for guest. The living area is fantastic boosting lovely hardwood floors with a view of the water frontage, built-ins and an electric fireplace. The balcony view is breathtaking, overlooking the water frontage and the sparkling pool area. The third level has the laundry area, master bedroom and master bathroom, plus the second bedroom and a second bathroom attached. The Master bedroom is HUGE was a beautiful view of the water and a large master bathroom and closet. The secondary bedroom is nicely sized with a large closet and a private full bathroom. This home is just minutes away from I-65 in the heart of Satsuma and close to Saraland making it the best of all worlds. So call today to schedule your appointments to see this lovely town homes. You low maintenance, low stress life on the water can begin right here so call today to make this your "New Beginning"! (ANY/ALL UPDATES ARE PER SELLER). LISTING BROKER MAKES NO REPRESENTATION TO SQUARE FOOTAGE ACCURACY. BUYER TO VERIFY.

Last Agent to Sell the Property

Devin Scott

Roberts Brothers West License #78808 Listed on: 09/12/2017

Roberts Brothers West

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 2005

Lot Details

  • Home fronts a creek
  • Property fronts a bayou
  • River Front
  • Two or More Common Walls
  • Fenced

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Pool

Home Design

  • French Provincial Architecture
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 1,749 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Pier
  • Bulkhead
  • Boat or Launch Ramp
  • Docks
  • Glass Enclosed
  • Outdoor Storage
  • Rear Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1906234000059003

Community Details

Overview

  • Mid-Rise Condominium
  • Cypress Landing Townhomes Subdivision

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,373

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 1C CYPRESS LANDING TOWNHOMES PHASE ONE MBK 104 PG 53 #SEC 23 T2S R1W #MP19 06 23 4 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: French Provincial, Mid-Rise (up to 5 stories), Townhouse
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Three Or More
  • Number Of Units To Be Built: 1
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Electric
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1749.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: HardiPlank Type, Wood Siding
  • Fencing: Fenced
  • Patio And Porch Features: Glass Enclosed, Patio, Rear Porch
  • Exterior Features: Storage
  • View: Pool, Water
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available
  • Electric: None

Association/Amenities

  • Number Of Units In Community: 1

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: CYPRESS LANDING TOWNHOMES

Lot Info

  • Parcel Number: 1906234000059003
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 19-06-23-4-000-059.003
  • Close Date: 2017-10-16

Multi Family

  • Waterfront Features: Bayou, Creek, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 16, 2017
Sold by
Arthur Stephen Keith
Bought by
Murphy Troy E and Murphy Karen V
Seller's Agent
Devin Scott
Roberts Brothers West
Sold Price
$230,000
Current Estimated Value
$412,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,002
Avg. Annual Appreciation
8.01%
Original Mortgage
$207,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Cypress Landing Co Llc
Bought by
Arthur Stephen Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Murphy Troy E $230,000 None Available
Arthur Stephen Keith -- Tga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Karen V $265,000
Closed Murphy Troy E $207,000
Previous Owner Arthur Stephen Keith $199,000
Previous Owner Arthur Stephen Keith $213,750
Previous Owner Arthur Stephen Keith $53,000
Previous Owner Vice John $275,000
Previous Owner Arthur Stephen Keith $52,400
Previous Owner Arthur Stephen Keith $206,400
Previous Owner Arthur Stephen Keith $51,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $230,000 -- $132 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
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 $2,373 $42,270 $5,000 $37,270
2023 $2,373 $31,620 $5,000 $26,620
2022 $1,873 $32,280 $5,000 $27,280
2021 $1,324 $32,610 $5,000 $27,610
2020 $1,324 $32,940 $5,000 $27,940
2019 $1,324 $22,800 $0 $0
2018 $982 $17,200 $0 $0
2017 $982 $17,200 $0 $0
2016 $982 $17,200 $0 $0
2013 $983 $17,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 0538952

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 19-06-23-4-000-059.003