NOT LISTED FOR SALE

700 Park Ave Bay Minette, AL 36507

Estimated Value: $157,000 - $224,000

3 Beds
1.5 Baths
1,170 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $179,500 $153 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,062/month

58 Days on Market

Highlights

  • Cottage
  • Detached Garage
  • En-Suite Primary Bedroom
  • Covered patio or porch
  • Living Room
  • Outdoor Storage

About This Home

As of October 2023

Rare find inside Bay Minette city limits: 3 bedroom, 1.5 bath cottage recently updated sitting on 3 acres! Home features a metal roof, vinyl siding above brick for low exterior maintenance. Interior is freshened up and ready for immediate occupancy! Updates include: fresh interior paint throughout, new ceiling fans, new carpet in all three bedrooms and living room. New LVP in kitchen, dining area, utility room and bathroom. Owner has installed a new stove, refrigerator and water heater (gas). Both washer/dryer convey along with both outbuildings (10X16 and 10X12). Large detached covered parking (12X20). Property consists of two parcels: the larger parcel offers ample green space behind the home, perfect for a storage facility. Covered rear patio (12X12) is under a metal roof with new carpeting. Storm shelter has fresh paint on interior and exterior masonry blocks. Fresh asphalt driveway/parking and upgraded outside electrical panel/service.

Last Agent to Sell the Property

Mark Frenette

Delta Realty LLC Listed on: 07/17/2023

Last Buyer's Agent

Lindsey Crain

Elite Real Estate Solutions, LLC License #135837

Elite Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1955

Lot Details

  • Few Trees
  • 2 Lots in the community

Parking

  • Detached Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Single Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23-03-05-4-000-037.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Piers
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Ceiling Fan(s), Covered Patio, Storage Building, Porch-Side
  • Property Type: Residential Detached
  • Style: Cottage
  • Parcel Id Tax Id: 23-03-05-4-000-037.000
  • Year Built: 1955
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: 150 X 221'(S) COM AT SE COR OF SE1/4 SEC 5 RUN W TO EAST MA RG OF CLARK AVE TH NW ALG SD ST 847', TH
  • Subdivsn Or Commnty: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 1170
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 9X9, On Level: Main Level
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 16X11, On Level: Main Level
  • Floors: Carpet, Vinyl
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 10X10, On Level: Main Level
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Master Bed: Dimensions: 10X9, On Level: Main Level
  • Price Per Sq Ft: 153.42
  • Property Interior Stories: 1
  • Rec Room Level: Main Level
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Single Vanity

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Detached

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Gas-Natural, Sewage-City, Water Heater-Gas, Water-City, Alabama Power, North Baldwin Utilities

Schools

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

Lot Info

  • Lot Description: 1-3 Acres, 3-5 Acres, Some Trees
  • Lot Size: 3 acres
  • Multiple Lots: Yes
  • Number Lots: 2

Tax Info

  • Property Taxes: 643.45
  • Assessor Parcel Number: 47521

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
Jul 17, 2023
Closed on
Oct 16, 2023
Sold by
Kynes William H
Bought by
Larose Alexandria
Seller's Agent
Mark Frenette
Delta Realty LLC
Buyer's Agent
Lindsey Crain
Elite Real Estate Solutions, LLC
List Price
$187,800
Sold Price
$179,500
Premium/Discount to List
-$8,300
-4.42%
Views
140
Current Estimated Value
$176,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,240
Avg. Annual Appreciation
2.00%
Original Mortgage
$176,248
Outstanding Balance
$173,607
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$12,469
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
Larose Alexandria $179,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larose Alexandria $176,248
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $179,500 -4.4% $153 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $187,800 0.0% $161 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $187,800 -5.6% $161 / Sq Ft
07/17/2023 07/17/23 For Sale $198,880 -- $170 / 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 $1,169 $27,500 $5,620 $21,880
2023 $816 $19,200 $4,520 $14,680
2022 $720 $16,940 $0 $0
2021 $643 $15,420 $0 $0
2020 $592 $13,940 $0 $0
2019 $539 $12,680 $0 $0
2018 $437 $10,280 $0 $0
2017 $437 $10,280 $0 $0
2016 $402 $9,460 $0 $0
2015 -- $9,680 $0 $0
2014 -- $9,600 $0 $0
2013 -- $9,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 348893

Baldwin REALTORS®

APN: 23-03-05-4-000-037.000