NOT LISTED FOR SALE

8406 Palmetto Way Foley, AL 36535

Estimated Value: $576,000 - $836,000

4 Beds
4.5 Baths
2,700 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $537,500 $199 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,971/month

2 Days on Market

Highlights

  • Access to Bay or Harbor
  • Traditional Architecture
  • Screened Porch
  • Living Room with Fireplace
  • Bonus Room
  • Attached Garage

About This Home

As of May 2021

Stunning custom built home in the desirable Graham Creek Estates community. This community offers its residents a private boat launch and fishing pier, and is also home to the Graham Creek Nature Preserve. The preserve has trails, picnic areas, swings, and bird watching areas. This floor plan offers plenty of space with 3 bedrooms downstairs, a bonus room and full bathroom upstairs, and an oversized 3 car garage! The detail and thought that was put into this home really shows. As you enter through the front, you immediately notice the openness and beauty of the space. Enjoy soaring ceilings, beautiful brand new luxury vinyl flooring, and an abundance of natural light from all of the windows. The gourmet kitchen is equipped with custom glazed cabinets, granite countertops, backsplash, JennAir gas cooktop/double oven/microwave, Bosch dishwasher, and a Whirlpool refrigerator. Main level master suite features a luxurious master bath with an oversized Kohler heated/jetted tub, large custom tiled shower with dual shower heads, and two walk in closets. The upstairs bonus space would be great for a mother-in-law suite or extra room for your guests. As you step into the fenced backyard, you will enjoy a tranquil setting! Tiled screened in porch and a nice brick paver patio with natural gas connection for your grill. The oversized 3 car garage features 8 ft garage doors, full bathroom that is accessible from the patio area, is wired with 3-220 volt receptacles for larger power tools, and there is finished storage areas above the garage. Other highlights include new roof in 2019, Kohler plumbing fixtures throughout, 8 zone irrigated lawn, 2 gas water heaters split to service different areas, large paved parking area, home is pre-wired for a generator, and is pre-wired 30 amp service on rear of home for pool or hot tub. Note: Windows draperies and swing on porch do not convey. Furnishings negotiable.

Last Agent to Sell the Property

The Dusty Cole Team

RE/MAX on the Coast Listed on: 05/13/2021

Last Buyer's Agent

Morgan Truelove

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.47

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Termite Clearance

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Access to Bay or Harbor
  • Fenced

Community Details

  • Association fees include management, common area insurance, common area maintenance

Listing and Financial Details

  • Assessor Parcel Number 62-04-18-0-001-005.200

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Fenced, Irrigation Sprinkler, Porch-Open, Porch-Screened, Termite Contract, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Traditional
  • Owners Association: Yes
  • Parcel Id Tax Id: 62-04-18-0-001-005.200
  • Year Built: 2007
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Gas, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 2700
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 11x13.5, On Level: Main Level
  • Bedroom 3: Dimensions: 12x12.5, On Level: Main Level
  • Bedroom 4: Dimensions: 14x24, On Level: 2
  • Bedrooms: 4
  • Dining Area: Dimensions: 12x12, On Level: Main Level
  • Fireplace: Gas Logs, Living Room
  • Floors: Carpet, Vinyl
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 10.5x17.5, On Level: Main Level
  • Living Room: Dimensions: 14x19, On Level: Main Level
  • Master Bed: Dimensions: 16x18, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Jetted Tub, Separate Shower, 1st Floor Master, Multiple Walk In Closets
  • Other Rooms: Bonus Room, Utility Room-Inside
  • Price Per Sq Ft: 199.07
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Boat Facilities: Boat Dock, Boat Ramp, Water Depth (4 Ft+)
  • Exterior Finish: Concrete Board
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Gas-Natural, Sewage-City, Water Heater-Gas, Water-City, Baldwin Emc, Orange Beach Water Auth, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 200
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance

Schools

  • Elementary School: Foley Elementary
  • High School: Foley High

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 65
  • Lot Description: Less Than 1 Acre
  • Lot Size: 80.1' X 254.8' Irr

Rental Info

  • Furnished: Negotiable
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Assessor Parcel Number: 215608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
May 27, 2021
Sold by
Gaffney Dennis L and Gaffney Barbara E
Bought by
Hendricks Harvae Wayne and Hendricks Patricia Crisp
Seller's Agent
The Dusty Cole Team
RE/MAX on the Coast
Buyer's Agent
Morgan Truelove
RE/MAX of Orange Beach
List Price
$535,000
Sold Price
$537,500
Premium/Discount to List
$2,500
0.47%
Current Estimated Value
$742,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,579
Avg. Annual Appreciation
7.79%
Source: Public Records

Range of Values:

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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
Hendricks Harvae Wayne $537,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaffney Dennis L $241,200
Previous Owner Gaffney Dennis L $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $537,500 +0.5% $199 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $535,000 -- $198 / 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 -- $62,640 $17,500 $45,140
2023 $0 $56,140 $8,800 $47,340
2022 $1,568 $47,500 $0 $0
2021 $0 $35,580 $0 $0
2020 $0 $34,440 $0 $0
2019 $0 $33,960 $0 $0
2018 $0 $35,040 $0 $0
2017 $0 $31,780 $0 $0
2016 $0 $29,200 $0 $0
2015 -- $27,740 $0 $0
2014 -- $24,100 $0 $0
2013 -- $23,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 313952

Baldwin REALTORS®

APN: 62-04-18-0-001-005.200