NOT LISTED FOR SALE

40498 Pine Grove Rd Bay Minette, AL 36507

Estimated Value: $367,000 - $564,299

3 Beds
2.5 Baths
2,418 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $450,000 $186 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,389/month

12 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Living Room
  • Farmhouse Style Home
  • Dual Closets
  • Garden Bath

About This Home

As of July 2022

Privacy and relaxation are sure to find you here. This beautiful two-story farmhouse is simply a dream! Spend your mornings and evenings perched on a swing enjoying the tranquil sights and sounds of nature that you're sure to find on this 7.7 acre, well landscaped property. With a 3-zone irrigation system, taking care of the established garden and lawn will be a breeze. The property features a pole barn, storage shed, fire pit, woodshed, and even a large chicken coop. Inside you will find upgraded cabinets, charming light fixtures and mirrors, fresh paint throughout the majority of the home, a split brick wood-burning fireplace, and new ceiling fans in the bedrooms. The kitchen features stainless steel appliances including a double oven, which is perfect for entertaining in your new space! There is so much character to be found in the details as well. The primary suite has lovely built-ins and cedar shiplap ceilings in the bath. The two additional bedrooms are connected with individually decorated jack and jill bathrooms which adds a nice touch. The washer, dryer, and living room tv convey with the sale and the gym equipment is negotiable.

Last Agent to Sell the Property

The Dusty Cole Team

RE/MAX on the Coast Listed on: 05/26/2022

Last Buyer's Agent

Rachel Miller

Elite Real Estate Solutions, LLC

Elite Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $757

Year Built

  • Built in 2006

Lot Details

  • 7.7

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,418 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Schools

  • Pine Grove Elementary School
  • Baldwin County High School

Additional Features

  • Covered patio or porch
  • 7.7 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-01-02-0-001-012.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$757

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Covered Patio, Irrigation Sprinkler, Porch-Open, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Farmhouse
  • Parcel Id Tax Id: 28-01-02-0-001-012.001
  • Year Built: 2006
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 2418
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12.5x14, On Level: 2
  • Bedroom 3: Dimensions: 11x14, On Level: 2
  • Bedrooms: 3
  • Dining Area Type: Separate Dining Room
  • Fireplace: Woodburning
  • Floors: Carpet, Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13.5x14.5, On Level: Main Level
  • Living Room: Dimensions: 15x19, On Level: Main Level
  • Master Bed: Dimensions: 15x19, On Level: 2
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 186.1
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Multiple Walk in Closets, Balcony/Patio

Exterior Features

  • Exterior Finish: Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-Septic, Baldwin Emc, North Baldwin Utilities

Schools

  • Elementary School: Pine Grove Elementary
  • High School: Baldwin County High

Lot Info

  • Estimated Lot Size: 7.7
  • Lot Description: 5-10 Acres
  • Lot Size: 7.7 acres

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 756.87
  • Assessor Parcel Number: 115829

MLS Schools

  • Elementary School: Pine Grove Elementary
  • HighSchool: Baldwin County High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 18, 2022
Sold by
Steven Myers Thomas and Steven Sue Jenny
Bought by
Johnson Jerald C
Seller's Agent
The Dusty Cole Team
RE/MAX on the Coast
Buyer's Agent
Rachel Miller
Elite Real Estate Solutions, LLC
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$417,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,110
Avg. Annual Appreciation
0.17%
Original Mortgage
$450,000
Outstanding Balance
$432,251
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$20,063

Purchase Details

Listed on
Oct 11, 2021
Closed on
Mar 18, 2022
Sold by
Alexander Wayne M
Bought by
Myers Thomas Steven and Myers Jenny Sue
Seller's Agent
Meredith Harris
RE/MAX of Orange Beach
Buyer's Agent
Amy Smith
Engel and Volkers Gulf Shores
List Price
$625,000
Sold Price
$455,000
Premium/Discount to List
-$170,000
-27.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.11%
Original Mortgage
$364,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2021
Closed on
Mar 11, 2022
Sold by
Alexander Wayne M
Bought by
Myers Thomas Steven and Myers Jenny Sue
Seller's Agent
Meredith Harris
RE/MAX of Orange Beach
Buyer's Agent
Amy Smith
Engel and Volkers Gulf Shores
List Price
$625,000
Sold Price
$455,000
Premium/Discount to List
-$170,000
-27.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2018
Sold by
Wilson Michael G and Wilson Patsy S
Bought by
Alexander Wayne Michael and Alexander Lauren Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,200
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 18, 2013
Closed on
Sep 25, 2013
Sold by
Fannie Mae
Bought by
Alexander Wayne M
Seller's Agent
Terry Trotter
IXL Real Estate LLC
Buyer's Agent
Lily Block
IXL Real Estate LLC
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$172,975
Interest Rate
4.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2012
Sold by
Wiggins Bryan A and Wiggins Kasey D
Bought by
Federal National Mortgage Association
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
Johnson Jerald C $450,000 Rynes Law Firm Llc
Myers Thomas Steven -- National Title
Myers Thomas Steven -- National Title
Alexander Wayne Michael $45,000 None Available
Alexander Wayne M $125,000 None Available
Federal National Mortgage Association $243,688 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jerald C $450,000
Previous Owner Myers Thomas Steven $364,000
Previous Owner Myers Thomas Steven $364,000
Previous Owner Alexander Wayne Michael $38,200
Previous Owner Alexander Wayne M $172,000
Previous Owner Alexander Wayne M $172,975
Previous Owner Wiggins Bryan A $222,400
Previous Owner Wiggins Bryan $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $450,000 -9.8% $186 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $499,000 +9.7% $206 / Sq Ft
03/11/2022 03/11/22 Sold $455,000 -8.8% $188 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
01/24/2022 01/24/22 Price Changed $499,000 -9.3% $206 / Sq Ft
11/22/2021 11/22/21 Price Changed $549,900 -8.3% $227 / Sq Ft
11/16/2021 11/16/21 Price Changed $599,900 -4.0% $248 / Sq Ft
10/11/2021 10/11/21 For Sale $625,000 +400.0% $258 / Sq Ft
09/27/2013 09/27/13 Sold $125,000 -- $52 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
Source: Baldwin 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 -- $50,540 $9,800 $40,740
2023 $1,207 $41,840 $8,260 $33,580
2022 $819 $28,900 $0 $0
2021 $757 $26,560 $0 $0
2020 $730 $25,940 $0 $0
2019 $684 $24,420 $0 $0
2018 $775 $27,460 $0 $0
2017 $790 $25,420 $0 $0
2016 $745 $24,060 $0 $0
2015 $741 $23,940 $0 $0
2014 $648 $23,220 $0 $0
2013 -- $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 331352

Baldwin REALTORS®

APN: 28-01-02-0-001-012.001