NOT LISTED FOR SALE

311 Magnolia Ave Unit 61 Satsuma, AL 36572

Estimated Value: $315,315 - $369,000

2 Beds
2.5 Baths
1,550 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $255,000 $165 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,248/month

Highlights

  • Boat or Launch Ramp
  • Home fronts a creek
  • Gated Community
  • Robert E. Lee Elementary School Rated A-
  • River Front
  • Deck

About This Home

As of May 2021

Don’t miss out on this hidden gem tucked away on Steel Creek in Satsuma. This fabulous water front, gated development includes the following amenities: Boat slips, new upscale community pool and community boat launch, along with magnificent views of the water way. The location gives complete access to the Mobile River Delta and the Mobile Bay. There are three levels to this home. The second level is complete with the kitchen, dining area, guest half bath, family room along with a balcony on each side of the home. The third level is where you will find the bedrooms and laundry area. This home is just minutes away from I-65 in the heart of Satsuma and close to Saraland, making it the best of both worlds. Your low maintenance, low stress life can begin here. (Any/All updates are per seller) listing broker makes No Representation to square footage accuracy, buyer to verify.

Last Agent to Sell the Property

Angie Jackson

Jackson and Associates Real Es License #77881 Listed on: 04/21/2021

Last Buyer's Agent

Kelly Patrick

Redeemed Properties GC LLC License #118661

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,580

Lot Details

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

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Pool

Home Design

  • Wood Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1906234000060017

Community Details

Overview

  • Cypress Landing Townhomes Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,580

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 6F CYPRESS LANDING TOWNHOMES PHASE THREE MBK 120 PAGE 61
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Levels Stories: Two
  • Number Of Units To Be Built: 1
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1550.00
  • Spa Features: None
  • Window Features: None

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: Wood Siding
  • Fencing: Fenced
  • 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: Central Air
  • Heating: Central
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: CYPRESS LANDING TOWNHOMES

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Parcel Number: 1906234000060017
  • 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: 19-06-23-4-000-060.017
  • Close Date: 2021-05-19

Multi Family

  • Waterfront Features: Creek, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Lane Hester Jefferson and Hollingswor Dana
Bought by
Baxter Michael Fredric
Current Estimated Value
$322,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$209,472
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$113,843

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 19, 2021
Sold by
Bass & Company Llc
Bought by
Holman S Dewayne S and Holman Susan C
Seller's Agent
Angie Jackson
Jackson and Associates Real Es
Buyer's Agent
Kelly Patrick
Redeemed Properties GC LLC
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baxter Michael Fredric $250,000 Overton William G
Holman S Dewayne S $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter Michael Fredric $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $255,000 -- $165 / Sq Ft
04/21/2021 04/21/21 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 $1,580 $40,290 $5,000 $35,290
2023 $1,580 $30,180 $5,000 $25,180
2022 $1,489 $30,460 $5,000 $25,460
2021 $3,050 $61,500 $10,000 $51,500
2020 $61 $10,000 $10,000 $0
2019 $61 $10,000 $10,000 $0
2018 $61 $1,000 $0 $0
2017 $61 $1,000 $0 $0
2016 $61 $1,000 $0 $0
2013 $61 $1,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angie Jackson

    Seller's Agent in 2021

    Angie Jackson

    Jackson and Associates Real Es

    (251) 583-5294

    29 in this area

    82 Total Sales

    Section Image

  • K

    Buyer's Agent in 2021

    Kelly Patrick

    Redeemed Properties GC LLC

    (251) 402-0165

    12 in this area

    76 Total Sales

    Section Image
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Map

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

MLS Number: 0649583

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 19-06-23-4-000-060.017

Alabama Mobile County Satsuma 36572

311 Magnolia Ave Unit 61, Satsuma, AL

This home is located at 311 Magnolia Ave Unit 61, Satsuma, AL 36572 since 21 April 2021 and is currently estimated at $336,579, approximately $217 per square foot. 311 Magnolia Ave Unit 61 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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