$55,000
SOLD AUG 25, 2023

8020 Lott Rd Wilmer, AL 36587

3 Beds
2 Baths
1,584 Sq Ft
1.99 Acres

Recently Sold

$35 Per Sq Ft

8% Below List Price

Highlights

  • Main Floor Primary Bedroom
  • Front Porch
  • Vinyl Flooring
  • Farmhouse Style Home
  • Combination Dining and Living Room

About This Home

As of August 2023

Discover the hidden potential of this 3-bedroom, 2-bathroom fixer-upper, nestled on nearly 2 acres of prime land. Bring your creativity and turn this diamond in the rough into your dream home! 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. The seller is working with an equitable interest holder, bring all offers.

Last Agent to Sell the Property

Tony Giglio

Top Brokerage LLC Listed on: 08/24/2023

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Parking

  • On-Street Parking

Home Design

  • Farmhouse Style Home
  • Hardboard

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Community Details

  • Association fees include water/sewer
  • Interim Zone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1705210000052XXX

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Other Foundation-See Rm
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Porch-Front
  • Property Type: Residential Detached
  • Style: Farmhouse
  • Parcel Id Tax Id: 1705210000052XXX
  • Year Built: 1978
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: FROM NE COR OF SE 1/4 OF SEC 21 T2S R3W RUN TH SLY ALG E/L OF SEC 21 DIS OF 353 FT TO POB OF PPTY HE
  • Subdivsn Or Commnty: Interim Zone
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Living Area: 1584
  • Bathrooms: 2
  • Bedroom 2: On Level: Main Level
  • Bedroom 3: On Level: Main Level
  • Bedrooms: 3
  • Floors: Vinyl
  • Kitchen: On Level: Main Level
  • Living Dining: On Level: Main Level
  • Master Bed: On Level: Main Level
  • Price Per Sq Ft: 34.72
  • Property Interior Stories: 2

Exterior Features

  • Exterior Finish: Hardboard

Garage/Parking

  • Garage Parking: On Street

Utilities

  • Heat Cooling: Other Heat-See Remarks

Condo/Co-op/Association

  • Association Fees Include: Water/Sewer

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Lot Info

  • Lot Size: 1584

Tax Info

  • Property Taxes: 876.88
  • Assessor Parcel Number: 01549177

MLS Schools

  • Elementary School: Not Baldwin County
  • HighSchool: Not Baldwin County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Aug 28, 2023
Sold by
Padly Llc
Bought by
Gore Nora D
Seller's Agent
Tony Giglio
Top Brokerage LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$162,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,802
Avg. Annual Appreciation
69.21%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 13, 2017
Sold by
Dlj Mortgage Capital Inc
Bought by
Stroups Leonard A and Stroups Angela
Seller's Agent
Karen Campbell
Charles Hayes Real Estate
Buyer's Agent
Sherell Williams
Keller Williams Mobile
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Aug 30, 2016
Sold by
Smith Dennis R and Smith Minnie V
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Fannie Mae
Bought by
Smith Dennis R and Smith Minnie V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,025
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2004
Sold by
Barnes Betty J
Bought by
Howard James A and Wiggins Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.01%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 None Listed On Document
Warranty Deed $40,000 None Listed On Document
Special Warranty Deed $28,000 None Available
Foreclosure Deed $70,000 None Available
Special Warranty Deed $82,500 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,025 Fannie Mae Freddie Mac
Previous Owner $90,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $55,000 -8.3% $35 / Sq Ft
08/24/2023 08/24/23 For Sale $60,000 +114.3% $38 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
03/24/2017 03/24/17 Sold $28,000 -- $18 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
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 $955 $19,700 $4,900 $14,800
2023 $950 $19,580 $5,080 $14,500
2022 $877 $18,080 $3,580 $14,500
2021 $923 $19,040 $5,220 $13,820
2020 $923 $19,040 $5,220 $13,820
2019 $819 $16,880 $0 $0
2018 $819 $16,880 $0 $0
2017 $819 $16,880 $0 $0
2016 -- $8,760 $0 $0
2013 -- $9,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 350738

Baldwin REALTORS®

APN: 17-05-21-0-000-052