NOT LISTED FOR SALE

311 Magnolia Ave Unit 41 Satsuma, AL 36572

Estimated Value: $434,239 - $587,000

3 Beds
2.5 Baths
1,966 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $245,000 $125 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,775/month

Highlights

  • Water Views
  • Pier
  • Home fronts a creek
  • Robert E. Lee Elementary School Rated A-
  • Boat or Launch Ramp
  • Deck

About This Home

As of May 2017

NOTHING SAYS INVITING AS MUCH AS THIS LOVELY TOWN HOME IN THE HEART OF SATSUMA. THE MAJESTIC VIEWS FROM YOUR TOP AND BOTTOM BALCONIES ARE PRICELESS. THIS LITTLE PIECE OF PARADISE HAS SO MANY BENEFITS TO OFFER. LOCATED ON STEEL CREEK WITH FRESH WATER FISHING, YOU CAN ACCESS THE GULF OF MEXICO. THIS PROPERTY ALSO COMES WITH A DEEDED BOAT SLIP AND PRIVATE COMMUNITY BOAT LAUNCH AND COMMUNITY POOL. THIS 3 BEDROOM 2.5 BATHROOM GATED COMMUNITY IS ONE OF A KIND. THE MAIN LIVING AREA FEATURES TILE AND HARDWOOD. THE DELUXE COOKS KITCHEN FEATURES GRANITE, STAINLESS APPLIANCES AND LOTS OF NATURAL LIGHTING. THE 3 BEDROOMS ARE ALL ON THE TOP LEVEL ALONG WITH THE LAUNDRY ROOM. THE VIEWS ARE ASTONISHING FROM ANY ROOM OF THE HOME. LISTING BROKER MAKES NO REPRESENTATION TO THE ACCURACY OF THE SQUARE FOOTAGE, BUYER TO VERIFY. Possession 1 to 15 days

Last Agent to Sell the Property

Angie Jackson

Jackson and Associates Real Es License #77881 Listed on: 04/07/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 2007

Lot Details

  • Home fronts a creek
  • Two or More Common Walls

Parking

  • 2 Car Garage

Property Views

  • Water
  • Pool

Home Design

  • Wood Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Pier
  • Bulkhead
  • Boat or Launch Ramp
  • Deck
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Cypress Landing Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1906234000059016

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,465

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 4A CYPRESS LANDING TOWNHOMES PHASE 2 MBK 108 P 94 #SEC 23 T2S R1W #MP19 06 23 4 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2007
  • Number Of Units To Be Built: 1
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1966.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • View: Pool, Water
  • Foundation: None

Garage/Parking

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

Utilities

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

Association/Amenities

  • Number Of Units In Community: 1

Condo/Co-op/Association

  • Subdivision Complex: CYPRESS LANDING TOWNHOMES

Lot Info

  • Parcel Number: 1906234000059016
  • 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: 19-06-23-4-000-059.016
  • Close Date: 2017-05-15

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 12, 2017
Sold by
Riello Anthony J and Riello Christine
Bought by
Padgett Stuart Gilmer
Seller's Agent
Angie Jackson
Jackson and Associates Real Es
Sold Price
$245,000
Current Estimated Value
$482,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,310
Avg. Annual Appreciation
9.05%
Original Mortgage
$70,000
Outstanding Balance
$58,873
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$445,582

Purchase Details

Closed on
Jan 18, 2007
Sold by
Cypress Landing Co Llc
Bought by
Riello Anthony J and Riello Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Padgett Stuart Gilmer $245,000 None Available
Riello Anthony J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgett Stuart Gilmer $70,000
Previous Owner Riello Anthony J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $245,000 -- $125 / Sq Ft
04/07/2017 04/07/17 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 $2,465 $49,800 $5,000 $44,800
2023 $2,465 $36,990 $5,000 $31,990
2022 $1,977 $37,370 $5,000 $32,370
2021 $1,397 $24,000 $5,000 $19,000
2020 $1,397 $24,000 $5,000 $19,000
2019 $1,397 $24,000 $0 $0
2018 $1,397 $24,000 $0 $0
2017 $1,263 $20,700 $0 $0
2016 $1,263 $20,700 $0 $0
2013 $1,264 $20,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angie Jackson

    Seller's Agent in 2017

    Angie Jackson

    Jackson and Associates Real Es

    (251) 583-5294

    30 in this area

    84 Total Sales

    Angie Jackson
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Map

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

MLS Number: 0539494

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 19-06-23-4-000-059.016

Alabama Mobile County Satsuma 36572

311 Magnolia Ave Unit 41, Satsuma, AL

This home is located at 311 Magnolia Ave Unit 41, Satsuma, AL 36572 since 07 April 2017 and is currently estimated at $482,310, approximately $245 per square foot. This property was built in 2007. 311 Magnolia Ave Unit 41 is a home located in Mobile County with nearby schools including Robert E. Lee Elementary School, Satsuma High School, and Satsuma Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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