NOT LISTED FOR SALE

Estimated Value: $98,000 - $124,000

0.07 Acre
$1,512,886 Price per Acre
3,049 Sq Ft Lot

Last Sold October 02, 2017

Last sale price $45,000

Est. 135% increase in value since last sale

Current estimated payment $600/month

100 Days on Market

Highlights

  • Access to Bay or Harbor
  • Fitness Center
  • Community Indoor Pool
  • Elberta Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of October 2017

This is a MUST SEE! Nice, low maintenance lot with a freestanding, freshly interior painted building. The building includes, Washer/Dryer, mini fridge, range,window unit AC, sink and several pieces of furniture. This lot also comes with a covered carport which has been fixed up with lights and fans and a work table. The lot is beautifully landscaped, newly fenced in and offers Concrete parking. This property could be a nice rental,a winter getaway or a relaxing vacation spot. Spanish Cove amenities- year round pool, fishing pier, tennis courts, 2 clubhouses & 24 hr security.

Last Agent to Sell the Property

Tracie Sweat

Bayside Real Estate Group Listed on: 06/02/2017

Last Buyer's Agent

Tom Stanton

EXIT Realty Gulf Shores

EXIT Realty Gulf Shores

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $109

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40x82.8
  • Finished Lot(s)

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • RV Potential

Schools

  • Elberta Elementary School
  • Elberta High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 070408

Community Details

Overview

  • Spanish Cove Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Indoor Pool
  • Access to Bay or Harbor

Property Details

Property Type

Land

Est. Annual Taxes

$109

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Class: Lots And Land
  • Property Type: Rv Lot Unimproved
  • Zoning Area: Single Family Residence
  • Suitable Use: Recreation
  • Lot Type: Lot
  • Parcel Id Tax Id: 070408
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Spanish Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 642857.14

Exterior Features

  • Water Property Type: Bay Access (Wlk <=1/4 Mi)
  • Road Description: City Street
  • Road Frontage: 40ft

Utilities

  • Utilities: Sewage-City, Underground Utilities, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 72
  • Community Amenities: Bbq Area, Club House, Exercise Room, Pool - Indoor, Meeting Room, Pool - Outdoor, Tennis/Racquetball

Schools

  • Elementary School: Elberta Elementary
  • High School: Elberta High School

Lot Info

  • Estimated Lot Size: 0.07
  • Lot Block Unit: 070408
  • Lot Size: 40X82.8
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 108.64
  • Assessor Parcel Number: 070408

MLS Schools

  • Elementary School: Elberta Elementary
  • HighSchool: Elberta High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Sep 27, 2017
Sold by
Reed Marshall Allen and Reed Diana C
Bought by
Spike Richard and Spike Madelon
Seller's Agent
Tracie Sweat
Bayside Real Estate Group
Buyer's Agent
Tom Stanton
EXIT Realty Gulf Shores
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Current Estimated Value
$105,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,902
Avg. Annual Appreciation
11.26%

Purchase Details

Listed on
Aug 14, 2015
Closed on
Mar 4, 2016
Sold by
Mccarver Reginald D and Mccarver Carolin S
Bought by
Reed Diana C and Reed Marshall Allen
Seller's Agent
Rebecca Pangallo
Coldwell Banker Coastal Realty
Buyer's Agent
Rebecca Pangallo
Coldwell Banker Coastal Realty
List Price
$27,000
Sold Price
$27,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.45%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Cribbs Basil John and Cribbs Janice Cobb
Bought by
Mccarver Reginald D and Mccarver Carolin S
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
Spike Richard $45,000 None Available
Reed Diana C $27,000 None Available
Mccarver Reginald D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2017 10/02/17 Sold $45,000 -10.0% --
09/10/2017 09/10/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $50,000 +85.2% --
03/07/2016 03/07/16 Sold $27,000 0.0% -- View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $27,000 -- --
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 $356 $12,720 $10,600 $2,120
2023 $305 $10,900 $8,580 $2,320
2022 $261 $9,320 $0 $0
2021 $180 $6,440 $0 $0
2020 $162 $5,780 $0 $0
2019 $155 $5,520 $0 $0
2018 $141 $5,020 $0 $0
2017 $141 $5,020 $0 $0
2016 $109 $3,880 $0 $0
2015 -- $3,780 $0 $0
2014 -- $3,780 $0 $0
2013 -- $3,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 254336

Baldwin REALTORS®

APN: 52-08-25-7-023-024.000