Seller's Agent in 2019
Joe Gerard
Roberts Brothers West
(251) 648-1112
19 Total Sales
7050 Kenny Lundy Rd Theodore, AL 36582
Cypress Branch NeighborhoodEstimated Value: $168,000 - $468,139
3
Beds
2
Baths
1,600
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Gated Community
- Wood Burning Stove
- Traditional Architecture
- 5 Acre Lot
- Farm
- 1 Fireplace
About This Home
As of March 2019ONE TIME SHOW AND SELL!!!!!! AN INCOME PRODUCING PROPERTY!!! This is probably the nicest horse farm north of Kentucky. 3 barns with 2 tack rooms and a lounge. Many stalls have a private paddock attached. Everything is beautifully maintained! There are great pastures separated by wooden fencing. There is a large fully stocked pond with a small accessible island and a gazebo with full power that is very inviting. The home has a metal roof with a lifetime guarantee, HVAC replaced a year ago, 2 car attached garage and a 16 X 70 covered back porch where you can sit and watch the horses graze. It also has a separate apartment that is suitable as an in law suite or a place for your college student. You could also do as the current owner is doing and generate $700 a month by using it as a rental unit. It has a full bath, kitchen, bedroom and living area. In addition to the apartment income, it is also a horse boarding facility that has continuously generated more then $3,000 per month. Great property that offers a great quality of life and a good income! ***Listing Agent makes no representation to accuracy of square footage.***
Last Agent to Sell the Property
Roberts Brothers West License #98569 Listed on: 02/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $997
Year Built
- Built in 1957
Lot Details
- 5
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 1,600 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Wood Burning Stove
- Breakfast Room
- Eat-In Kitchen
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deeded Dock Access
- Patio
- Outdoor Storage
- Rear Porch
Additional Features
- 5 Acre Lot
- Farm
- Central Heating and Cooling System
Community Details
- Gated Community
Listing and Financial Details
- Assessor Parcel Number 3702090000002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2019
Closed on
Mar 22, 2019
Sold by
Young C D and Young Vilma
Bought by
Cochran Chester Verlon and Gillerlain Tiffany
Seller's Agent
Joe Gerard
Roberts Brothers West
Buyer's Agent
Joe Gerard
Roberts Brothers West
Sold Price
$300,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,285
Avg. Annual Appreciation
-1.04%
Original Mortgage
$291,127
Interest Rate
4.4%
Mortgage Type
VA
Purchase Details
Closed on
Jun 2, 1998
Sold by
Oswalt Lamar D
Bought by
Young C D
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cochran Chester Verlon | $300,000 | Sterling Land Title Agency | |
| Young C D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cochran Chester Verlon | $291,127 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2019 03/22/19 | Sold | $300,000 | -- | $188 / Sq Ft |
| 02/22/2019 02/22/19 | Pending | -- | -- | -- |
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
Tax History Compared to Growth
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 | $997 | $21,210 | $6,270 | $14,940 |
| 2023 | $997 | $18,510 | $5,610 | $12,900 |
| 2022 | $817 | $18,200 | $6,190 | $12,010 |
| 2021 | $817 | $18,200 | $6,190 | $12,010 |
| 2020 | $866 | $19,240 | $6,340 | $12,900 |
| 2019 | $0 | $16,720 | $6,610 | $10,110 |
| 2018 | $0 | $16,740 | $0 | $0 |
| 2017 | $0 | $16,740 | $0 | $0 |
| 2016 | -- | $16,980 | $0 | $0 |
| 2013 | -- | $14,420 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Gerard
Map
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 0623990
APN: 37-02-09-0-000-002
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