NOT LISTED FOR SALE

505 E 2nd St Bay Minette, AL 36507

Estimated Value: $155,223 - $213,000

3 Beds
1 Bath
1,055 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 23, 2012

Last sale price $19,500 $18 Per Sq Ft

Est. 841% increase in value since last sale

Current estimated payment $1,037/month

66 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Wood Siding
  • Cottage
  • Combination Kitchen and Dining Room
  • 1-Story Property

About This Home

As of December 2012

Sold AS-IS. Needs TLC.

Last Agent to Sell the Property

Frank Berry

RE/MAX Realty Professionals Listed on: 10/18/2012

RE/MAX Realty Professionals

Last Buyer's Agent

Kathy Bryars

Delta Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Lot Dimensions are 70x140
  • Central Heating and Cooling System

Community Details

  • Bay Minette Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Year Built: 1960
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Bay Minette
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Estimated Living Area: 1055
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Bedrooms: 3
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Vinyl, Wood
  • Kitchen: Dimensions: 10X12, On Level: Main Level
  • Living Room: Dimensions: 12X14, On Level: Main Level
  • Master Bed: Dimensions: 10X14, On Level: Main Level
  • Price Per Sq Ft: 18.48
  • Property Interior Stories: 1

Exterior Features

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

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Sewage-City, Water-City

Lot Info

  • Lot Block Unit: 3 & 4 Block 57
  • Lot Size: 70x140

Tax Info

  • Property Taxes: 385
  • Assessor Parcel Number: 062715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Dec 23, 2012
Sold by
American Mutual Llc
Bought by
P & M Properties Llc
Seller's Agent
Frank Berry
RE/MAX Realty Professionals
Buyer's Agent
Kathy Bryars
Delta Realty LLC
List Price
$19,500
Sold Price
$19,500
Current Estimated Value
$183,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,056
Avg. Annual Appreciation
18.67%

Purchase Details

Closed on
Apr 8, 2010
Sold by
Perdue Ferrell F and Perdue Pamela
Bought by
American Mutual Llc

Purchase Details

Closed on
May 1, 2006
Sold by
Kennard Joey Alan and Kennard Robbie Renee
Bought by
Perdue Ferrell F and Perdue Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2006
Sold by
Dekle Joseph B and Dekle Ida Jean
Bought by
Perdue Ferrell F and Perdue Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
P & M Properties Llc -- None Available
American Mutual Llc $25,000 None Available
Perdue Ferrell F -- Surety Land Title Inc
Perdue Ferrell F -- Surety Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perdue Ferrell F $62,700
Previous Owner Perdue Ferrell F $62,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2012 12/23/12 Sold $19,500 0.0% $18 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $19,500 -- $18 / Sq Ft
Source: Baldwin REALTORS®

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 $994 $23,380 $3,900 $19,480
2023 $790 $18,580 $3,120 $15,460
2022 $699 $16,440 $0 $0
2021 $632 $14,860 $0 $0
2020 $618 $14,540 $0 $0
2019 $614 $14,440 $0 $0
2018 $523 $12,300 $0 $0
2017 $523 $12,300 $0 $0
2016 $480 $11,300 $0 $0
2015 -- $6,560 $0 $0
2014 -- $6,740 $0 $0
2013 -- $8,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 192008

Baldwin REALTORS®

APN: 23-02-09-4-000-093.000