NOT LISTED FOR SALE

614 E Azalea Ave Foley, AL 36535

Estimated Value: $101,000 - $233,000

2 Beds
1.5 Baths
1,392 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $95,000 $68 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $974/month

23 Days on Market

Highlights

  • 0.83 Acre Lot
  • Views
  • Garage
  • Cottage
  • Living Room
  • 1-Story Property

About This Home

As of May 2024

614 E Azalea Avenue, nestled in the heart of the charming City of Foley is a unique investment opportunity in this prime location within the desirable R3 zoning district & X flood zone. Situated on just under an acre of land, this property boasts two buildings, offering versatility and potential for various uses. One of the buildings 2/1 is currently occupied by a tenant on a month-to-month lease, providing immediate rental income for the savvy investor. Whether you're looking to expand your rental portfolio or explore development opportunities, this property offers a solid foundation for your investment strategy. The potential for this property is vast, ranging from developing single-family homes on a spacious lot to creating a multi-family residential development. Notably, the absence of an HOA offers you the freedom to bring your creative ideas to life without restrictive guidelines. The prime location in the heart of the City of Foley adds to the appeal, with convenient proximity to shopping, restaurants, South Baldwin Hospital, and, of course, the sun-kissed white sandy beaches of Gulf Shores. This strategic locale ensures quick access to all major highways, making commuting a breeze. Don't miss out on this exceptional opportunity to shape the future of this prime real estate in Foley. Act now and unlock the potential of this property in an area that seamlessly blends convenience, versatility, and coastal charm. Sold AS-IS. 3% Minimum EMD. Tenad occupied. Have at list 2hours in advance showing notice.

Last Agent to Sell the Property

Tatyana Hall

Waters Edge Realty Listed on: 03/15/2024

Last Buyer's Agent

Jose Cardenas

Bellator Real Estate LLC Gulf

Bellator Real Estate LLC Gulf

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $219

Year Built

  • Built in 1965

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 117x304

Parking

  • Garage

Home Design

  • Cottage
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54-08-33-1-000-048.006

Home Details

Home Type

Single Family

Est. Annual Taxes

$219

Year Built

Built in 1965

Lot Details

0.83 Acres

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Cable
  • Property Type: Residential Detached
  • Style: Cottage
  • View: Western View
  • Parcel Id Tax Id: 54-08-33-1-000-048.006
  • Year Built: 1965
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: 117.98 X 308.16 IRR BEG AT NE COR OF SEC 33-7S-4E RUN W1871. 46 TH S 30 TO POB CONT S 100 TH W22 S 2
  • Subdivsn Or Commnty: Not Applicable
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1392
  • Bathrooms: 1
  • Bedroom 2: On Level: Main Level
  • Bedrooms: 2
  • Half Bathrooms: 1
  • Kitchen: On Level: Main Level
  • Living Room: On Level: Main Level
  • Master Bed: On Level: Main Level
  • Price Per Sq Ft: 68.25
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Hardboard
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Three or More Vehicles

Utilities

  • Heat Cooling: Other Heat-See Remarks
  • Utilities: Baldwin Emc, Riviera Utilities

Lot Info

  • Estimated Lot Size: 0.833
  • Lot Description: Less Than 1 Acre
  • Lot Size: 117x304

Tax Info

  • Property Taxes: 218.52
  • Assessor Parcel Number: 55269

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High
  • Middle School: Foley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 28, 2024
Sold by
Agee Myrtle L
Bought by
Lee Reginald
Seller's Agent
Tatyana Hall
Waters Edge Realty
Buyer's Agent
Jose Cardenas
Bellator Real Estate LLC Gulf
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
114
Current Estimated Value
$184,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,464
Avg. Annual Appreciation
44.88%

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 26, 2024
Sold by
Lee Reginald
Bought by
Guzman Federico Ruiz and Gonzalez Leticia Magallanes
Seller's Agent
Tatyana Hall
Waters Edge Realty
Buyer's Agent
Jose Cardenas
Bellator Real Estate LLC Gulf
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
114

Purchase Details

Listed on
Mar 15, 2024
Closed on
Mar 11, 2024
Sold by
Agee Myrtle I
Bought by
Lee Reginald
Seller's Agent
Tatyana Hall
Waters Edge Realty
Buyer's Agent
Jose Cardenas
Bellator Real Estate LLC Gulf
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
114
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Reginald $86,500 None Listed On Document
Guzman Federico Ruiz $95,000 None Listed On Document
Lee Reginald $86,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $95,000 -24.0% $68 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $125,000 -- $90 / Sq Ft
Source: Baldwin REALTORS®

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 $273 $8,280 $2,500 $5,780
2023 $294 $8,660 $2,960 $5,700
2022 $249 $7,540 $0 $0
2021 $218 $6,600 $0 $0
2020 $189 $5,740 $0 $0
2019 $192 $5,820 $0 $0
2018 $182 $5,500 $0 $0
2017 $175 $5,300 $0 $0
2016 $152 $4,600 $0 $0
2015 $150 $4,540 $0 $0
2014 $137 $4,160 $0 $0
2013 -- $7,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 359409

Baldwin REALTORS®

APN: 54-08-33-1-000-048.006

Your Personal Tour Guide

Ask me questions while you tour the home.