NOT LISTED FOR SALE

7246 Riverwood Dr W Foley, AL 36535

Gulf Shores Area

Estimated Value: $177,000 - $373,000

3 Beds
2 Baths
1,400 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2023

Last sale price $160,000 $114 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,509 / mo

54 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wood Flooring
  • Central Heating
  • Traditional Architecture
  • Window Unit Cooling System
  • Ceiling Fan

About This Home

As of November 2023

INVESTOR’S SPECIAL! Brick home in Foley with a deeded boat slip being sold “AS IS” with no repairs. Needs remodeling, but great potential for someone to turn this into a great 3BR/2BA cottage as an investment to live in, lease out, or flip it! Won’t last long! All information provided is deemed reliable but not guaranteed. Buyer or buyers agent to verify all information. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Last Agent to Sell the Property

Randi Lampe

EXIT Realty Gulf Shores License #152091-1 Listed on: 09/11/2023

EXIT Realty Gulf Shores

Co-Listed By

Hannah Harrison

EXIT Realty Gulf Shores License #110653

Last Buyer's Agent

Bartlett Lewis

Bellator Real Estate, LLC Span License #101876

Bellator Real Estate, LLC Span

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.54

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Florence B. Mathis Elementary School
  • Foley Middle School
  • Foley High School

Utilities

  • Window Unit Cooling System
  • Central Heating

Additional Features

  • Deeded Waterfront Access Rights
  • 23,566 Sq Ft Lot

Community Details

  • Association fees include management

Listing and Financial Details

  • Assessor Parcel Number 61-04-39-0-000-195.000
  • Tax Block 42

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0.54 Acres

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 61-04-39-0-000-195.000
  • Year Built: 1963
  • Property Sub-Type: Residential Detached
  • ResoCommunityFeatures: Water Access Deeded
  • ResoLotFeatures: Subdivision
  • Lot Size Acres: 0.541
  • Co List Office Phone: 251-223-4763
  • Co List Office Phone: 251-223-4763
  • MLS Status: Closed
  • Subdivision Name: River Wood
  • Architectural Style: Traditional
  • Reso Interior Features: Ceiling Fan(s)
  • Living Area: 1400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • View: No
  • Waterfront Features: Deeded Access

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage/Carport Parking

Utilities

  • Utilities: Baldwin EMC
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 35
  • Association Fee Frequency: Annually
  • Phone: 251-751-5312
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Foley Middle

Green Features

Multi Family

Tax Info

  • Tax Block: 42

MLS Schools

  • Elementary School: Florence B. Mathis 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
Sep 11, 2023
Closed on
Nov 17, 2023
Sold by
Bought by
Seller's Agent
Randi Lampe
EXIT Realty Gulf Shores
Buyer's Agent
Bartlett Lewis
Bellator Real Estate, LLC Span
List Price
$250,000
Sold Price
$160,000
Premium/Discount to List
-$90,000
-36%
Views
360
Current Estimated Value
$268,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,321
Avg. Annual Appreciation
21.37%

Purchase Details

Closed on
Apr 29, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$160,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $228,000
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
11/17/2023 11/17/23 Sold $160,000 -20.0% $114 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/29/2023 10/29/23 Price Changed $200,000 -7.0% $143 / Sq Ft
10/05/2023 10/05/23 Price Changed $215,000 -8.5% $154 / Sq Ft
09/23/2023 09/23/23 Price Changed $235,000 -6.0% $168 / Sq Ft
09/11/2023 09/11/23 For Sale $250,000 -- $179 / 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 $581 $20,740 $9,100 $11,640
2024 $1,163 $41,540 $18,000 $23,540
2023 $1,032 $36,860 $13,360 $23,500
2022 $886 $31,660 $0 $0
2021 $790 $28,340 $0 $0
2020 $323 $13,160 $0 $0
2019 $325 $13,220 $0 $0
2018 $302 $12,380 $0 $0
2017 $269 $11,220 $0 $0
2016 $238 $10,120 $0 $0
2015 -- $9,900 $0 $0
2014 -- $9,360 $0 $0
2013 -- $8,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 351577

Baldwin REALTORS®

APN: 61-04-39-0-000-195.000

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