NOT LISTED FOR SALE

741 Lago Way Foley, AL 36535

Estimated Value: $145,504 - $158,000

0.08 Acre
$1,891,522 Price per Acre
3,464 Sq Ft Lot

Last Sold September 27, 2024

Last sale price $150,000

Current estimated payment $1,191/month

57 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • RV Hookup
  • Steam Room
  • Fishing
  • Gated Community

About This Lot

As of September 2024

Luxury Class A (15 years old or newer & 32' or greater in length) Motor Coach Resort rated #1 in the South and in the Top 5 RV Resorts in the United States. Situated on the serene South side of the resort, this premium Lakefront lot is North-facing and offers a stunning view of the lake and fountain. This site has been customized to maximize your outdoor living enjoyment. Enjoy conversations and outdoor dining with friends old and new on the Breezesta table with seating for four. An extra-large unilever umbrella provides shade and comfort. The large patio has been extended with beautiful brick pavers and is framed by a stacked stone retaining wall, lush tropical landscaping and decorative touches. There is ample space available for additional upgrades including a casita. Resort amenities include a 6,000 sq ft clubhouse, zero entry infinity edge pool, hot tub, well-appointed fitness center, wet/dry sauna, movie theater room, stocked lake, dog parks & dog wash, and daily activities for guests. Low COA fees and property tax! Rental income potential to help cover expenses through a national, on-site rental management program. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Denise Peoples

Bella Terra Realty, LLC Listed on: 07/15/2024

Last Buyer's Agent

Denise Peoples

Bella Terra Realty, LLC Listed on: 07/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $867

Lot Details

  • 3,464 Sq Ft Lot
  • Lake Front
  • Landscaped

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • RV Hookup

Schools

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

Utilities

  • Underground Utilities
  • Internet Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 132 / 132
  • Assessor Parcel Number 6105150000005.000.986

Community Details

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Steam Room
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Additional Features

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$867

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Land
  • View: Direct Lake Front
  • Parcel Number: 6105150000005.000.986
  • Property Sub-Type: RV Lot Improved,Unimproved Land
  • ResoCommunityFeatures: BBQ Area, Clubhouse, Fitness Center, Fishing, Gazebo, Internet, Landscaping, Meeting Room, Pool - Outdoor, Steam/Sauna, Gated
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Lot, Less than 1 acre
  • Lot Size Acres: 0.0795
  • Co List Office Phone: 251-970-2370
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Bella Terra RV Resort
  • Financial Info Electric: Baldwin EMC
  • BK20_LFD_BoatFacilities_70: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Spa Features: Community

Exterior Features

  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Exterior Features: RV Hookup

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Underground Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas: Gas-Natural

Condo/Co-op/Association

  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Allowed

Schools

  • Middle Or Junior School: Foley Middle

Lot Info

  • Lot Dimensions: 3464 sq ft appro x
  • Lot Size Sq Ft: 3464
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 866.58
  • Tax Block: 132
  • Tax Lot: 132

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Sep 27, 2024
Sold by
Cady Mark E and Cady Cindy J
Bought by
Lodge Jay and Lodge Kimberly M
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%
Views
3
Current Estimated Value
$150,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376
Avg. Annual Appreciation
0.23%

Purchase Details

Closed on
Nov 15, 2022
Sold by
Martin Michael T and Martin Linda
Bought by
Cady Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jan 13, 2021
Sold by
Wellman Judith
Bought by
Martin Michael T and Martin Linda
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$97,000
Sold Price
$84,000
Premium/Discount to List
-$13,000
-13.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$67,200
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jan 12, 2021
Sold by
Wellman Judith
Bought by
Martin Michael T and Martin Linda
Seller's Agent
Denise Peoples
Bella Terra Realty, LLC
Buyer's Agent
Denise Peoples
Bella Terra Realty, LLC
List Price
$97,000
Sold Price
$84,000
Premium/Discount to List
-$13,000
-13.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2009
Sold by
Bella Terra Llc
Bought by
Wellman Maynard and Wellman Judith
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lodge Jay $150,000 None Listed On Document
Cady Mark E $130,000 --
Martin Michael T $84,000 None Listed On Document
Martin Michael T $84,000 None Available
Wellman Maynard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cady Mark E $97,500
Previous Owner Martin Michael T $67,200
Previous Owner Martin Michael T $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $150,000 -11.2% --
09/11/2024 09/11/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $169,000 +101.2% --
01/13/2021 01/13/21 Sold $84,000 -8.2% -- View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $91,500 -5.7% --
09/09/2019 09/09/19 For Sale $97,000 -- --
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 $866 $26,240 $26,000 $240
2023 $867 $26,260 $26,260 $0
2022 $693 $21,000 $0 $0
2021 $627 $21,000 $0 $0
2020 $561 $17,000 $0 $0
2019 $690 $20,900 $0 $0
2018 $683 $20,700 $0 $0
2017 $624 $18,900 $0 $0
2016 $624 $18,900 $0 $0
2015 $786 $23,820 $0 $0
2014 $936 $28,360 $0 $0
2013 -- $27,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 365120

Baldwin REALTORS®

APN: 61-05-15-0-000-005.000-986