NOT LISTED FOR SALE

614 E Azalea Ave Foley, AL 36535

Foley Area

Estimated Value: $97,000 - $261,000

2 Beds
1.5 Baths
1,392 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2024

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

Est. 82% increase in value since last sale

Current estimated payment $958 / mo

23 Days on Market

Highlights

  • 0.83 Acre Lot
  • Cottage
  • Views
  • No HOA
  • Cooling Available
  • Heating Available

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 Brokerage Phone: 251-216-2772 License #136169 Listed on: 03/15/2024

Last Buyer's Agent

Jose Cardenas

Bellator Real Estate, LLC Span License #84137

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 36,285 Sq Ft Lot

Home Design

  • Cottage

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.83 Acres

Listing Details

  • Property Type: Residential
  • View: Western View
  • Parcel Number: 54-08-33-1-000-048.006
  • Year Built: 1965
  • Property Sub-Type: Residential Detached
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Less Than 1 Acre
  • Lot Size Acres: 0.833
  • Attribution Contact: PHONE: 251-216-2772
  • Co List Office Phone: 251-215-1783
  • MLS Status: Closed
  • Subdivision Name: None
  • Architectural Style: Cottage
  • Living Area: 1392
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other/See Remarks
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Other Floors/See Remarks
  • Stories: 1

Exterior Features

  • Roof: Other/See Remarks
  • View: Yes
  • Waterfront Features: No Waterfront

Garage/Parking

  • Parking Features: Three Or More Vehicles

Utilities

  • Utilities: Baldwin EMC, Riviera Utilities, Cable
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Schools

  • Middle Or Junior School: Foley Middle

Green Features

Multi Family

Tax Info

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 28, 2024
Sold by
Bought by
Seller's Agent
Tatyana Hall
Waters Edge Realty
Buyer's Agent
Jose Cardenas
Bellator Real Estate, LLC Span
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
112
Current Estimated Value
$172,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,691
Avg. Annual Appreciation
31.05%

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 26, 2024
Sold by
Bought by
Seller's Agent
Tatyana Hall
Waters Edge Realty
Buyer's Agent
Jose Cardenas
Bellator Real Estate, LLC Span
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
112

Purchase Details

Listed on
Mar 15, 2024
Closed on
Mar 11, 2024
Sold by
Bought by
Seller's Agent
Tatyana Hall
Waters Edge Realty
Buyer's Agent
Jose Cardenas
Bellator Real Estate, LLC Span
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
112
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$86,500 None Listed On Document
$95,000 None Listed On Document
$86,500 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $237 $7,180 $2,800 $4,380
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

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Map

Source: Baldwin REALTORS®

MLS Number: 359409

Baldwin REALTORS®

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

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