NOT LISTED FOR SALE

518 Elm St Bay Minette, AL 36507

Estimated Value: $62,695 - $72,000

2 Beds
1 Bath
1,000 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 17, 2017

Last sale price $10,000 $10 Per Sq Ft

Est. 572% increase in value since last sale

Current estimated payment $384/month

1 Day on Market

Highlights

  • Cottage
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2017

Handyman's special! Home being sold "as is, where is." Great for an investor to flip and use as a rental!

Last Agent to Sell the Property

Patty Bailey

Bailey Realty Group, LLC Listed on: 11/01/2017

Last Buyer's Agent

Patty Bailey

Bailey Realty Group, LLC Listed on: 11/01/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Property is zoned Within Corp Limits

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Bay Minette Elementary School
  • Bay Minette Middle School
  • Baldwin County High School

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 23-05-16-1-003-024.001

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Piers
  • Construction Status: Resale
  • Intersecting Street: Old Daphne Road
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Parcel Id Tax Id: 23-05-16-1-003-024.001
  • Year Built: 1955
  • Geo Subdivision: AL
  • Governing Municipality: Bay Minette
  • Subdivsn Or Commnty: Bay Minette
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1000
  • Bathrooms: 1
  • Bedroom 2: On Level: Main Level
  • Bedrooms: 2
  • Living Room: On Level: Main Level
  • Master Bed: On Level: Main Level
  • Price Per Sq Ft: 10
  • Property Interior Stories: 1

Exterior Features

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

Utilities

  • Utilities: Sewage-City, Water-City, Alabama Power

Schools

  • Intermediate School: Bay Minette Intermediate

Lot Info

  • Estimated Lot Size: 0.23
  • Lot Description: Less Than 1 Acre
  • Lot Size: 50 x 200
  • Number Lots: 1

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 179.00
  • Assessor Parcel Number: 083812

MLS Schools

  • Elementary School: Bay Minette Elementary
  • HighSchool: Baldwin County High
  • Middle School: Bay Minette Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Dec 14, 2017
Sold by
Llb Holdings Llc
Bought by
Stewart Jason H and Stewart Nycole H
Seller's Agent
Patty Bailey
Bailey Realty Group, LLC
Buyer's Agent
Patty Bailey
Bailey Realty Group, LLC
List Price
$10,000
Sold Price
$10,000
Current Estimated Value
$67,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,232
Avg. Annual Appreciation
27.40%

Purchase Details

Closed on
Jun 22, 2017
Sold by
Russell Tim
Bought by
Lbb Holdings Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Acceptance Loan Co Inc
Bought by
Mccall Jeremy Mendrell and Mccall Dale Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,872
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2005
Sold by
Logan Robert H
Bought by
Acceptance Loan Co Inc
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
Stewart Jason H -- None Available
Lbb Holdings Llc -- None Available
Mccall Jeremy Mendrell -- Slt
Acceptance Loan Co Inc $23,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccall Jeremy Mendrell $32,872
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2017 12/17/17 Sold $10,000 0.0% $10 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $10,000 -- $10 / 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 $361 $8,500 $1,460 $7,040
2023 $274 $6,440 $1,540 $4,900
2022 $224 $5,280 $0 $0
2021 $196 $4,600 $0 $0
2020 $185 $4,360 $0 $0
2019 $169 $3,980 $0 $0
2018 $184 $4,320 $0 $0
2017 $179 $4,220 $0 $0
2016 $179 $4,220 $0 $0
2015 $178 $4,180 $0 $0
2014 $199 $4,680 $0 $0
2013 -- $4,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patty Bailey

    Seller's Agent in 2017

    Patty Bailey

    Bailey Realty Group, LLC

    (251) 239-8137

    314 in this area

    412 Total Sales

    Patty Bailey
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Map

Source: Baldwin REALTORS®

MLS Number: 262065

Baldwin REALTORS®

APN: 23-05-16-1-003-024.001

Alabama Baldwin County Bay Minette 36507

518 Elm St, Bay Minette, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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