NOT LISTED FOR SALE

5765 Morgan Ln E Wilmer, AL 36587

Estimated Value: $50,597 - $167,000

5.3 Acres
$20,523 Price per Acre
230,925 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $45,000

Est. 142% increase in value since last sale

Current estimated payment $610/month

181 Days on Market

Highlights

  • View of Trees or Woods
  • 5.3 Acre Lot
  • Brush Vegetation
  • Tanner Williams Elementary School Rated 9+
  • Landscaped with Trees
  • Level Lot

About This Lot

As of January 2023

Great looking 5.3 +/- acres in Wilmer Alabama. Property is on a Private dirt road. Property is Unrestricted so can Have Horses, Mobile Homes or even stay in a R/V. There was a Mobile Home at one time on the property so still has a well and a septic system on the property. Well does not have a pump. Property is being Sold " As Is Where Is " so systems will not be warrantied. Parcel has a drive way already on the property that leads to a small clearing about 1/2 way back to where the Mobile Home use to be. The rest of the parcel is wooded with a mixture of Pines & Hardwoods. Only a few miles from Semmes, Alabama. Close to Shopping. Parcel is Super close to the Mississippi State Line.

Last Agent to Sell the Property

Kennon Henderson

IXL Real Estate LLC License #88474 Listed on: 07/13/2022

Co-Listed By

Connie Henderson

IXL Real Estate LLC License #90930

Last Buyer's Agent

Andy Ridings

Ridings Realty, LLC License #108314-1

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

Lot Details

  • 5.3 Acre Lot
  • Lot Dimensions are 291x793x291x795
  • The property's road front is unimproved
  • Property fronts a private road
  • Dirt Road
  • Brush Vegetation
  • Level Lot
  • Landscaped with Trees
  • Property is zoned R1

Property Views

  • Views of Woods

Schools

  • Wilmer Elementary School
  • Semmes Middle School
  • Mary G Montgomery High School

Community Details

  • Natchez Acres Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 2503050000007042

Property Details

Property Type

Land

Est. Annual Taxes

$297

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 38 NATCHEZ ACRES PHASE II A REVISED PLAT OF MBK 60 PG 59 #SEC 05 T3S R4W #MP25 03 05 0 000
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Mobile Home
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • View: Trees/Woods

Condo/Co-op/Association

  • Subdivision Complex: NATCHEZ ACRES

Schools

  • Elementary School: Wilmer
  • Middle School: Semmes
  • High School: Mary G Montgomery

Lot Info

  • Acres: 5.3013
  • Lot: 38
  • Timber: Mixed
  • Possible Use: Agricultural, Horses, Mobile Home
  • Current Zoning: R1
  • Current Use: Manufactured Home
  • Lot Features: Level
  • Lot Dimensions: 291X793X291X795
  • Parcel Number: 2503050000007042
  • Price Acre Dollar: 8488.48
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 297.00
  • Assessor Parcel Number: 25-03-05-0-000-007.042
  • Close Date: 2023-01-13
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wilmer
  • High School: Mary G Montgomery
  • Middle School: Semmes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Jan 13, 2023
Sold by
Deakle Margaret H
Bought by
Harbin Richard D A
Seller's Agent
Kennon Henderson
IXL Real Estate LLC
Buyer's Agent
Andy Ridings
Ridings Realty, LLC
List Price
$48,000
Sold Price
$45,000
Premium/Discount to List
-$3,000
-6.25%
Views
6
Current Estimated Value
$108,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,799
Avg. Annual Appreciation
38.51%

Purchase Details

Closed on
Jun 24, 2000
Sold by
Bentley John O and Bentley Martha E
Bought by
Deakle Clifton A and Deakle Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,115
Interest Rate
8.63%
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
Harbin Richard D A $45,000 None Listed On Document
Deakle Clifton A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deakle Clifton A $31,115
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $45,000 -6.3% --
01/10/2023 01/10/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $48,000 0.0% --
12/22/2022 12/22/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $48,000 -9.4% --
07/13/2022 07/13/22 For Sale $53,000 -- --
Source: Gulf Coast MLS (Mobile Area Association of 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 $390 $7,000 $7,000 $0
2023 $291 $6,000 $6,000 $0
2022 $243 $5,000 $5,000 $0
2021 $297 $6,120 $5,000 $1,120
2020 $311 $6,420 $5,300 $1,120
2019 $308 $6,360 $0 $0
2018 $308 $6,360 $0 $0
2017 $358 $6,360 $0 $0
2016 $313 $6,460 $0 $0
2013 $356 $6,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 7082484

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 25-03-05-0-000-007.042