NOT LISTED FOR SALE

770 Magnolia St Unit 20.00 Acres Marion, AL 36756

20 Acres
-- Price per Acre
871,200 Sq Ft Lot

Last Sold July 26, 2017

Last sale price $290,000

37 Days on Market

Highlights

  • Waterfront
  • Golf Course Community
  • 20 Acre Lot
  • Pier
  • Fishing Allowed
  • Lake Property

About This Lot

As of July 2017

This unique property features 20 RV sites with hookups that include water, sewer, and electrical service. Income potential—$325 per site. There are also 2-rented manufactured homes on the property that are leased for $550 and $500 respectively. The RV and manufactured home sites overlook a beautiful +/-6.00 acre private lake which is stocked with Bass, Bream, Bluegill, and Catfish. The property also features a fishing pier, a 9-hole golf course, covered picnic pavilion with play area, horseshoe pit, large semi trailer for storing lawn equipment, and a watering system for the golf course. This tract has the potential to pay for itself with onsite rental income. The adjacent property consisting of +/-1.00 acre and a +/-4,416 sq. ft. residence with two, 1-bedroom, 1-bath rentable mother-in-law suites may also be purchased separately for $160,000. If purchased together the list price is $295,000. If purchased separately the RV park must close prior to or simultaneously with the residence.

Last Agent to Sell the Property

Keith Webb

ARC Realty License #000094802 Listed on: 04/20/2017

Last Buyer's Agent

Keith Webb

ARC Realty License #000094802 Listed on: 04/20/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $375

Lot Details

  • 20 Acre Lot
  • Waterfront
  • Subdivision Possible

Interior Spaces

  • Recreation Room

Schools

  • Albert Turner Elementary School
  • Marion High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53-14-04-19-0-000-001.004

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Golf Course Community
  • Fishing Allowed
  • Pier
  • Water Access
  • Swimming Allowed
  • Pond
  • Lake Property

Property Details

Property Type

Land

Est. Annual Taxes

$375

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Legal Description: +/-20.00 Acres Lying in the SW1/4 of the SE1/4 of Section 19, Township 19 North-Range 8 East, Perry County, AL. DB 557 PG 330, DB 601 PG 54, DB 601 PG 68.
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Private Lake
  • Waterfront Frontage: 1
  • Road Access: County Road, Paved Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Sewer Connected, Septic
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Sewer, Water
  • Utilities On-site: Cable Onsite, Electricity, Gas, Phone, Sewer, Water

Condo/Co-op/Association

  • Amenities: Direct Water Access, Fishing Allowed, Golf Access, Golf Cart Path, Swimming Allowed

Schools

  • Elementary School: ALBERT TURNER
  • High School: MARION

Lot Info

  • Assessor Parcel Number: 53-14-04-19-0-000-001.004
  • Number Acres: 20
  • Best Use Per Zone: Agricultural (BESTUSE), Manufactured (BESTUSE), Multifamily, Residential, Subdivision
  • Improvements: Lake, Pavilion, Pier, Pond, Recreation Area, Stocked Lake/Pond, Storage Building
  • List Price per Acre: 8000
  • Lot Description Type: Subdivision Possible
  • Surrounding Area: Agricultural (AREA), Residential, Undeveloped
  • Unit/Lot Number: 20.00 Acres

Tax Info

  • Tax District: County
  • Annual Tax: 375

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: ALBERT TURNER
  • High School: MARION

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $290,000 +81.3% --
04/20/2017 04/20/17 For Sale $160,000 -- --
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 781226

Greater Alabama MLS