$60,000
SOLD OCT 24, 2014

505 W 7th St Bay Minette, AL 36507

0.5 Acre
$120,992 Price per Acre
21,601 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

57 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Porch
  • Corner Lot
  • Formal Dining Room
  • 4-minute walk to Halliday Park

About This Lot

As of January 2025

THIS 3 BEDROOM, 2 BATH BRICK HOME IS JUST MINUTES FROM SCHOOLS, SHOPPING AND I-65. BIG CORNER LOT WITH LOTS OF ROOM! SUBJECT TO ALABAMA RIGHT OF REDEMPTION LAW.

Last Agent to Sell the Property

Non Member

Non Member Office Listed on: 08/14/2014

Last Buyer's Agent

Mark Frenette

Delta Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $384

Year Built

  • Built in 1962

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 144 x 150
  • Fenced
  • Corner Lot
  • Few Trees

Home Design

  • Ranch Property
  • Brick or Stone Mason
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Bonus Room
  • Vinyl Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block LOT 2 / LOT 2

Community Details

Overview

  • No Home Owners Association

Recreation

  • Porch

Property Details

Property Type

Land

Est. Annual Taxes

$384

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub-Type: Ranch
  • ResoCommunityFeatures: None
  • Reso Fencing: Fenced
  • ResoLaundryFeatures: Main Level, Inside
  • ResoLotFeatures: Corner Lot, Few Trees
  • Lot Size Acres: 0.4959
  • Co List Office Phone: 251-625-0706
  • MLS Status: Closed
  • Subdivision Name: Hand Land Company
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Fireplace Features: Wood Burning
  • Reso Interior Features: Bonus Room
  • Unit Levels: One
  • Living Area: 1720
  • Property Attached Yn: No
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: 1028
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Vinyl
  • Stories: 1
  • Dining Room Features: Separate Dining Room
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: Main
  • Room Living Room Area: 288
  • Room Kitchen Area: 130
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 132
  • Room Dining Room Area: 182

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Waterfront Features: No Waterfront
  • Disclosures: Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Porch-Open

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Electric (Cool), Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 144 x 150
  • Lot Size Sq Ft: 21600
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 384
  • Tax Block: LOT 2
  • Tax Lot: LOT 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jan 3, 2025
Sold by
Gps Land Company Llc and Mis Inc
Bought by
Kilpatrick Rebecca and Dacino Dees
Seller's Agent
Delaney Tyndall
Wellhouse Real Estate LLC
Buyer's Agent
Rhonda Barrett
Dodson Real Estate Group, LLC
List Price
$249,900
Sold Price
$222,000
Premium/Discount to List
-$27,900
-11.16%
Views
91
Current Estimated Value
$228,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,206
Avg. Annual Appreciation
0.54%
Original Mortgage
$216,015
Outstanding Balance
$215,464
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$7,245

Purchase Details

Listed on
Feb 5, 2015
Closed on
Jul 6, 2015
Sold by
Frenette Kenneth Mark
Bought by
Rider Steven Craig
Seller's Agent
Mark Frenette
Delta Realty LLC
Buyer's Agent
Daniela Nielsen
Bellator Real Estate, LLC
List Price
$117,500
Sold Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$115,371
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 10, 2014
Closed on
Oct 13, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Frenette Kenneth Mark
Seller's Agent
Lynn Sedberry-Carmany
RE/MAX Advantage
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.20%

Purchase Details

Closed on
Aug 4, 2014
Sold by
Hayles Lee R
Bought by
Nationstar Mortgage Llc
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 Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Warranty Deed $220,000 None Listed On Document
Warranty Deed $117,500 None Available
Special Warranty Deed $60,000 None Available
Foreclosure Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,015 FHA
Closed $216,015 FHA
Previous Owner $115,371 FHA
Previous Owner $195,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $222,000 0.0% $112 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
11/30/2024 11/30/24 Pending -- -- --
11/29/2024 11/29/24 Off Market $222,000 -- --
10/31/2024 10/31/24 Price Changed $229,900 -3.4% $116 / Sq Ft
10/24/2024 10/24/24 Price Changed $237,900 -0.8% $120 / Sq Ft
10/11/2024 10/11/24 Price Changed $239,900 -4.0% $121 / Sq Ft
08/28/2024 08/28/24 For Sale $249,900 +112.7% $126 / Sq Ft
07/06/2015 07/06/15 Sold $117,500 0.0% $61 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $117,500 +95.8% $61 / Sq Ft
10/24/2014 10/24/14 Sold $60,000 0.0% $35 / Sq Ft
10/24/2014 10/24/14 Sold $60,000 0.0% $35 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/10/2014 10/10/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $60,000 -- $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 $1,765 $41,520 $5,760 $35,760
2023 $1,414 $33,280 $4,620 $28,660
2022 $1,250 $29,400 $0 $0
2021 $1,125 $26,480 $0 $0
2020 $1,078 $25,360 $0 $0
2019 $1,031 $24,260 $0 $0
2018 $1,029 $24,200 $0 $0
2017 $1,046 $24,200 $0 $0
2016 $953 $22,020 $0 $0
2015 -- $21,620 $0 $0
2014 -- $22,300 $0 $0
2013 -- $11,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 216133

Baldwin REALTORS®

APN: 23-02-09-3-000-035.000