NOT LISTED FOR SALE

8282 Palmetto Way Foley, AL 36535

Estimated Value: $578,000 - $645,000

3 Beds
2 Baths
2,276 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $525,000 $231 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,489/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • In Ground Pool
  • Interior Lot
  • Fishing Pier
  • Craftsman Architecture
  • Living Room

About This Home

As of December 2023

Discover the allure of living in one of the most desirable Wolf Bay waterfront subdivisions in Foley, Alabama. Sitting along serene waterfront, the coveted Graham Creek Estates subdivision features large lots, mature landscaping and a waterfront park area with neighborhood launch ramp and fishing dock. This custom built 3 bedroom / 2 bath home sits on a 120 x 269 foot lot with many mature trees and shrubs along the fence line creating a very large private backyard retreat. As you enter the home, you are in the heart of the dining room, living room and a den. While set towards the rear of the home is the kitchen with the primary suite to one side of the living area and the guest bedrooms on the opposite side of the home with an additional bathroom. The oversized primary bedroom also features a 17 x 12 sitting area off the bedroom that has double french doors to the patio and is perfect for a private seating area or home office. The large ensuite bathroom features dual sink custom cabinet vanity, granite counters, a soaking tub and separate cultured marble walk in shower. Two additional bedrooms and guest bathroom are located on the opposite side of the home creating privacy for everyone. The great room has soaring vaulted ceilings and to one side a separate seating area with bar while to the other side is the living area extending out to the back patio and opens to a relaxing screened lanai with a 9x14 heated and jetted spa/pool. Back inside, the kitchen features granite counters, a deep farmhouse sink, full suite of stainless steel samsung appliances and custom wood cabinets. An oversized 24'x24' garage and workshop area with additional floored attic space and additional closet provides plenty of space for storage. This home also features all solid surface flooring with tile floors and laminate wood flooring in the bedrooms, custom wood blinds throughout the home and a whole home central vacuum system. See Virtual Tour 1 link for property video & drone video

Last Agent to Sell the Property

Angela Claypool

RE/MAX Paradise Listed on: 11/17/2023

RE/MAX Paradise

Last Buyer's Agent

Jacquelyn Wells

Coldwell Banker Coastal Realty

Coldwell Banker Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 2001

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 120'x261'
  • Fenced
  • Interior Lot
  • Few Trees

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,276 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Bay or Harbor

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62-04-18-0-001-005.206

Community Details

Overview

  • Graham Creek Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 2001

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab, Wood Frame
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), En-Suite, Fenced, Internet, Outdoor Hot Tub, Window Treatments, Pool-Inground (Home)
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Craftsman
  • Parcel Id Tax Id: 62-04-18-0-001-005.206
  • Year Built: 2001
  • Geo Subdivision: AL
  • Garage Carport Dimension: 24'x24'
  • Living Room Group: Living Room
  • Property Legal Description: 120.1 X 261.4 IRR LOT 59 UNIT TWO OF GRAHAM CREEK ESTATES SUB SLIDE 1728-A & B SLIDE 1782-A & B AND
  • Subdivsn Or Commnty: Graham Creek Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Refrigerator W/Ice Maker, Microwave, Range-Electric, Washer
  • Estimated Living Area: 2276
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 13x11, On Level: Main Level
  • Bedroom 3: Dimensions: 13x12, On Level: Main Level
  • Bedrooms: 3
  • Breakfast Room: Dimensions: 12x7, On Level: Main Level
  • Den: Dimensions: 12x11, On Level: Main Level
  • Dining Area: Dimensions: 11 x 15, On Level: Main Level
  • Floors: Laminate, Tile
  • Kitchen: Dimensions: 13x13, On Level: Main Level
  • Living Room: Dimensions: 18x15, On Level: Main Level
  • Master Bed: Dimensions: 14'x17 & 12x17, On Level: Main Level
  • Price Per Sq Ft: 230.67
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Slip-1st Come 1st Served
  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Double Garage

Utilities

  • Heat Cooling: Central Electric (Cool), Heat Pump
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 250
  • Community Amenities: Fishing Pier, Water Access-Deeded

Schools

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

Lot Info

  • Estimated Lot Size: 0.597
  • Lot Block Unit: 59
  • Lot Description: Less Than 1 Acre, Inside Lot, Some Trees
  • Lot Size: 120'x261'

Rental Info

  • Furnished: Negotiable
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1082.40
  • Assessor Parcel Number: 215614

MLS Schools

  • Elementary School: Florence B Mathis
  • HighSchool: Foley High
  • Middle School: Foley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 19, 2023
Sold by
Williams J Martin J and Williams Grace
Bought by
Baxter Charlie Laverne and Baxter Bonnie Amentha
Seller's Agent
Angela Claypool
RE/MAX Paradise
Buyer's Agent
Jacquelyn Wells
Coldwell Banker Coastal Realty
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Views
12
Current Estimated Value
$611,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,889
Avg. Annual Appreciation
4.29%
Original Mortgage
$420,000
Outstanding Balance
$415,114
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$147,763

Purchase Details

Closed on
Sep 12, 2014
Sold by
Walker Jerry L and Walker Vicki L
Bought by
Williams J Martin and Williams Grace

Purchase Details

Closed on
Aug 24, 2013
Sold by
Whitchard Betty R and The Whitchard Family Revocable
Bought by
Walker Jerry L and Walker Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Whitchard Anthony H and Whitchard Kimberly A
Bought by
Walker Jerry L and Walker Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 2011
Sold by
Whitchard Anthony H and Whitchard Kimberly A
Bought by
Whitchard Anthony H and Whitchard Kimberly A

Purchase Details

Closed on
Aug 5, 2011
Sold by
Whitchard Theodore O and Whitchard Betty R
Bought by
Whitchard Betty R and Whitchard Family Revocable Liv
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baxter Charlie Laverne $525,000 None Listed On Document
Williams J Martin $310,000 None Available
Walker Jerry L -- None Available
Walker Jerry L $225,000 None Available
Whitchard Anthony H -- None Available
Whitchard Betty R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter Charlie Laverne $420,000
Previous Owner Walker Jerry L $210,800
Previous Owner Walker Jerry L $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $525,000 -1.9% $231 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $535,000 -- $235 / Sq Ft
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 $1,613 $48,880 $17,500 $31,380
2023 $1,401 $42,460 $8,800 $33,660
2022 $1,204 $36,480 $0 $0
2021 $1,082 $32,500 $0 $0
2020 $1,029 $31,180 $0 $0
2019 $1,036 $31,380 $0 $0
2018 $1,058 $32,060 $0 $0
2017 $964 $29,200 $0 $0
2016 $900 $27,280 $0 $0
2015 -- $27,260 $0 $0
2014 -- $22,820 $0 $0
2013 -- $21,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 354525

Baldwin REALTORS®

APN: 62-04-18-0-001-005.206