NOT LISTED FOR SALE

512 Lake Forest Blvd Unit 227G Daphne, AL 36526

Lake Forest Neighborhood

Estimated Value: $116,000 - $138,000

2 Beds
1.5 Baths
896 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $55,000 $61 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $737/month

552 Days on Market

Highlights

  • Community Pool
  • Double Pane Windows
  • Central Air
  • W. J. Carroll Intermediate School Rated A-
  • Outdoor Storage
  • Combination Dining and Living Room

About This Home

As of February 2016

SUPER CONVENIENT LOCATION, MOVE-IN READY with GREAT RENTAL POTENTIAL. Renovated in 2014 and vacant since renovations. Renovations included HVAC (heat pump inside and outside units), flooring, paint, sinks, toilets. Enjoy having a pool with maintenance taken care of. This condo is close to I10, dining, shopping, movies but off the main road.

Last Agent to Sell the Property

Kim McLain

Cottage Properties, LLC Listed on: 07/21/2014

Last Buyer's Agent

Kim McLain

Cottage Properties, LLC Listed on: 07/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $558

Year Built

  • Built in 1983

Lot Details

  • 1.2

Parking

  • Parking Lot

Home Design

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

Interior Spaces

  • 896 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common area maintenance, trash
  • Bay Forest Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$558

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Property Amenities: Cable, Ceiling Fan(s), Storage-Out
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Zoning Area: Single Family Residence
  • Year Built: 1983
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range-Electric
  • Estimated Living Area: 896
  • Balcony Size: 6x7.5
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 11x9.5
  • Bedrooms: 2
  • Dining Area: Dimensions: 10x8
  • Dining Area Type: Lvg/Dng Combo
  • Floors: Carpet, Vinyl
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 10x7.5
  • Living Room: Dimensions: 19x11.
  • Master Bed: Dimensions: 13x12
  • Price Per Sq Ft: 61.38
  • Property Interior Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool), Heat Pump (Cool)
  • Utilities: Cable Tv, Sewage-City, Total Electric, Water-City

Condo/Co-op/Association

  • Association Fees: 135
  • Association Fees Include: Association Management, Common Area Maintenance, Trash
  • Community Amenities: Pool - Outdoor
  • Condo Building Stories: 2
  • Condo Complex: Bay Forest

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows

Tax Info

  • Assessor Parcel Number: 055429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Feb 23, 2016
Sold by
Nordmann Fred J
Bought by
Case Dayna M
Seller's Agent
Kim McLain
Cottage Properties, LLC
Buyer's Agent
Kim McLain
Cottage Properties, LLC
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$130,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,138
Avg. Annual Appreciation
10.37%
Original Mortgage
$44,000
Outstanding Balance
$20,738
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$121,130
Source: Public Records

Range of Values:

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Average Value
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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
Case Dayna M $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Case Dayna M $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2016 02/23/16 Sold $55,000 0.0% $61 / Sq Ft
01/24/2016 01/24/16 Pending -- -- --
07/21/2014 07/21/14 For Sale $55,000 -- $61 / 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 $558 $13,100 $0 $13,100
2023 $513 $12,140 $0 $12,140
2022 $361 $9,440 $0 $0
2021 $285 $7,680 $0 $0
2020 $285 $7,680 $0 $0
2019 $237 $6,560 $0 $0
2018 $210 $5,940 $0 $0
2017 $192 $5,500 $0 $0
2016 $390 $9,080 $0 $0
2015 $413 $9,080 $0 $0
2014 $398 $8,740 $0 $0
2013 -- $8,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 215185

Baldwin REALTORS®

APN: 43-03-06-0-003-001.002-923