NOT LISTED FOR SALE

40960 State Highway 225 Bay Minette, AL 36507

Estimated Value: $225,000 - $343,000

3 Beds
2 Baths
2,294 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 11, 2014

Last sale price $81,001 $35 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,540/month

57 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • ENERGY STAR Qualified Ceiling Fan
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of February 2014

So So Much ..This 3BR /2 Bath Home. Has Living Room and Kitchen that is set up for the cook in your life. Master Bedroom and others are spacious. Laundry Room is large. Yard is waiting on a garden...Alabama Right of Redemption Laws may apply

Last Agent to Sell the Property

Alabama REO Professionals Team

RE/MAX Realty Professionals Listed on: 11/26/2013

Last Buyer's Agent

Judy French

RE/MAX Partners

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113

Year Built

  • Built in 1983

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,294 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Bay Minette Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902030000003001

Home Details

Home Type

Single Family

Est. Annual Taxes

$113

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Intersecting Street: Spanish Fort Blvd
  • Property Type: Residential Detached
  • Style: Ranch
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 2902030000003001
  • Year Built: 1983
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bay Minette
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 2294
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14x13
  • Bedroom 3: Dimensions: 12x12
  • Bedrooms: 3
  • Dining Area Type: Breakfast Area-Kitchen
  • Fireplace: Living Room, Woodburning
  • Floors: Carpet, Vinyl
  • Kitchen: Dimensions: 13x13
  • Living Room: Dimensions: 14x14
  • Master Bed: Dimensions: 15x16
  • Other Rooms: Living Room
  • Price Per Sq Ft: 35.31
  • Property Interior Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, Single Carport

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Water-City

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Tax Info

  • Assessor Parcel Number: 020321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Feb 5, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Stringer Debra Patton
Seller's Agent
Alabama REO Professionals Team
RE/MAX Realty Professionals
Buyer's Agent
Judy French
RE/MAX Partners
List Price
$81,001
Sold Price
$81,001
Current Estimated Value
$291,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,038
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 24, 2013
Sold by
Larson Andrew J
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 13, 2010
Sold by
The United States Department Of Housing
Bought by
Larson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,996
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2010
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 16, 2010
Sold by
Horne Jeffrey E and Horne Laura
Bought by
Wells Fargo Bank N A
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
Stringer Debra Patton $81,001 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $85,200 None Available
Larson Andrew $110,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank N A $184,024 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Andrew $117,996
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2014 02/11/14 Sold $81,001 0.0% $35 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $81,001 -- $35 / Sq Ft
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 $113 $29,200 $6,120 $23,080
2023 $0 $22,880 $5,180 $17,700
2022 $0 $20,940 $0 $0
2021 $0 $17,600 $0 $0
2020 $79 $17,500 $0 $0
2019 $0 $16,240 $0 $0
2018 $0 $15,240 $0 $0
2017 $0 $14,340 $0 $0
2016 $0 $13,560 $0 $0
2015 -- $13,880 $0 $0
2014 $802 $26,720 $0 $0
2013 -- $12,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 206153

Baldwin REALTORS®

APN: 29-02-03-0-000-003.001