NOT LISTED FOR SALE

8420 Palmetto Way Foley, AL 36535

Estimated Value: $674,000 - $774,000

4 Beds
2.5 Baths
2,788 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $395,000 $142 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,921/month

103 Days on Market

Highlights

  • Pier
  • Sitting Area In Primary Bedroom
  • Recreation Room
  • Fishing Pier
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of January 2018

Access to Wolf Bay ~ Neighborhood boat launch & dock,available to all residents. Immaculate, spacious home on over half acre private lot in lovely & desirable Graham Creek Estates neighborhood!!Neutral decor,hardwood flooring,granite,crown molding,arched entryways,recessed lighting,stainless steel appliances give this home a clean & stylish look.The large master suite has floor to ceiling windows letting in lots of natural light,hardwood floors,walk in closet,access to backyard open deck,master bath features double vanity in bathroom w/ jetted tub & walk in shower.The 2 guest bedroom share a bathroom & there is also a half bath off the living room.The kitchen has stainless steel appliances,granite counters,tile backsplash,custom drawers & cabinetry,tons of counter & cabinet space, separate desk/work area, breakfast nook and bar seating. Large utility/laundry room w/ cabinets, shelving & countertop. 300 sqft Bonus room has many uses!HUGE fenced backyard w/ trails, deck & pergola. Access to Wolf Bay ~ Neighborhood boat launch & dock,available to all residents.

Last Agent to Sell the Property

The Kevin Corcoran Team

RE/MAX of Gulf Shores Listed on: 08/18/2017

RE/MAX of Gulf Shores

Last Buyer's Agent

The Dusty Cole Team

RE/MAX on the Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 2002

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 72x250
  • Fenced
  • Level Lot
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,788 Sq Ft Home
  • 1.5-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Golf Cart Garage

Outdoor Features

  • Pier
  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

  • Foley Elementary School
  • Foley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62-04-18-0-001-005.198

Community Details

Overview

  • Association fees include common area insurance, common area maintenance, recreational facilities
  • 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

$876

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Property Amenities: Automatic Garage Door, Covered Patio, Fenced, Porch-Open, Patio, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Traditional
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 62-04-18-0-001-005.198
  • Year Built: 2002
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Graham Creek Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator, Smoke Detector
  • Estimated Living Area: 2788
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 13x11, On Level: Main Level
  • Bedroom 3: Dimensions: 15x12, On Level: Main Level
  • Bedroom 4: Dimensions: 18x24, On Level: 2
  • Bedrooms: 4
  • Breakfast Room: Dimensions: 9x6, On Level: Main Level
  • Dining Area: Dimensions: 11x10, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Separate Dining Room
  • Fireplace: Gas Logs, Living Room
  • Floors: Carpet, Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12x13, On Level: Main Level
  • Living Room: Dimensions: 15x19, On Level: Main Level
  • Master Bed: Dimensions: 16x15, On Level: Main Level
  • Other Rooms: Bonus Room, Living Room, Recreation Room, Utility Room-Inside
  • Price Per Sq Ft: 141.68
  • Property Interior Stories: 1.5
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, Sitting Area, Walk In Closet, Private Water Closet

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, Double Garage, Golf Cart

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Heat Pump (Cool), Zoned
  • Utilities: Cable Tv, Gas-Natural, Satellite, Sewage-City, Total Electric, Water Heater-Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 100
  • Association Fees Include: Common Area Insurance, Common Area Maintenance, Recreational Facilities
  • Community Amenities: Fishing Pier

Schools

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

Lot Info

  • Estimated Lot Size: 0.62
  • Lot Block Unit: 67
  • Lot Description: Less Than 1 Acre, Level, Some Trees, Pier
  • Lot Size: 72x250

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows

Tax Info

  • Property Taxes: 876
  • Assessor Parcel Number: 215606

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Jan 19, 2018
Sold by
Norman Joe R and Norman Ladonna S
Bought by
Gordon Lance D
Seller's Agent
The Kevin Corcoran Team
RE/MAX of Gulf Shores
Buyer's Agent
The Dusty Cole Team
RE/MAX on the Coast
List Price
$445,000
Sold Price
$395,000
Premium/Discount to List
-$50,000
-11.24%
Current Estimated Value
$691,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,180
Avg. Annual Appreciation
8.18%
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
Gordon Lance D -- Professional Land Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $395,000 -8.1% $142 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $429,900 -2.3% $154 / Sq Ft
09/25/2017 09/25/17 Price Changed $440,000 -1.1% $158 / Sq Ft
08/18/2017 08/18/17 For Sale $445,000 -- $160 / 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 $2,116 $65,480 $17,500 $47,980
2023 $1,959 $60,720 $8,800 $51,920
2022 $1,659 $51,640 $0 $0
2021 $1,493 $46,140 $0 $0
2020 $1,416 $44,280 $0 $0
2019 $1,195 $37,580 $0 $0
2018 $1,049 $33,160 $0 $0
2017 $947 $30,060 $0 $0
2016 $876 $27,920 $0 $0
2015 -- $27,700 $0 $0
2014 -- $24,060 $0 $0
2013 -- $23,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Kevin Corcoran Team

    Seller's Agent in 2018

    The Kevin Corcoran Team

    RE/MAX

    (251) 948-2400

    42 in this area

    278 Total Sales

    The Kevin Corcoran Team
    Section Image
  • The Dusty Cole Team

    Buyer's Agent in 2018

    The Dusty Cole Team

    RE/MAX on the Coast

    (251) 978-8600

    265 in this area

    756 Total Sales

    The Dusty Cole Team
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 257392

Baldwin REALTORS®

APN: 62-04-18-0-001-005.198

Alabama Baldwin County Foley 36535

8420 Palmetto Way, Foley, AL

This home is located at 8420 Palmetto Way, Foley, AL 36535 since 18 August 2017 and is currently estimated at $720,218, approximately $258 per square foot. This property was built in 2002. 8420 Palmetto Way is a home located in Baldwin County with nearby schools including Florence Mathis Elementary School, Foley Middle School, and Foley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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