NOT LISTED FOR SALE

8421 Palmetto Way Foley, AL 36535

Estimated Value: $673,782 - $783,000

3 Beds
2.5 Baths
2,832 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $396,999 $140 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,109/month

98 Days on Market

Highlights

  • Fishing Pier
  • Home Theater
  • Solar Power System
  • Access to Bay or Harbor
  • Cabana
  • Fireplace in Primary Bedroom

About This Home

As of February 2016

A serene oasis & park like setting w/multiple ponds & sitting areas~Custom Features include Master suite sitting area~fireplace~Master bath has jetted tub & walk-in shower~Open split plan~Recessed lighting~formal dining & breakfast nook~Spacious kitchen w/island~Free standing studio/office~RV garage has spa/sauna,media room & toilet. Lanai w/ outdoor kitchen,bar & solar heated swimming pool. Hurricane shutters & whole house generator. Community dock & boat ramp w/Wolf Bay Access. One of Kind!

Last Agent to Sell the Property

The Kevin Corcoran Team

RE/MAX of Gulf Shores Listed on: 10/02/2015

RE/MAX of Gulf Shores

Last Buyer's Agent

Regina Daily

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 2002

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 160x266
  • Fenced
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Termite Clearance

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Cabana
  • Access to Bay or Harbor
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Generator Hookup
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Solar Power System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 6204180001005230

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

$872

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Home Warranty: Yes
  • Property Amenities: Automatic Garage Door, Cabana, Fenced, Handicap Accessible, Porch-Open, Patio, Porch-Screened, Split Bedroom Plan, Storage Building, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Traditional
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 6204180001005230
  • 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, Double Oven, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 2832
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x10, On Level: Main Level
  • Bedroom 3: Dimensions: 13x11, On Level: Main Level
  • Bedrooms: 3
  • Breakfast Room: Dimensions: 12x8, On Level: Main Level
  • Dining Area: Dimensions: 10x14, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Separate Dining Room
  • Fireplace: Gas Logs, Living Room, Primary Bedroom
  • Floors: Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 14x15, On Level: Main Level
  • Living Room: Dimensions: 18x21, On Level: Main Level
  • Master Bed: Dimensions: 20x23, On Level: Main Level
  • Other Room: Dimensions: 8x24, On Level: 1
  • Other Rooms: Bonus Room, Media Room, Office/Study, Recreation Room, Utility Room-Inside
  • Price Per Sq Ft: 140.18
  • Property Interior Stories: 1
  • Rec Room Level: 1

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), No Waterfront

Garage/Parking

  • Garage Parking: Attached, Detached, Double Garage, Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Heat Pump (Cool)
  • Utilities: Cable Tv, Gas-Propane, Generator Ready, Sewage-City, Solar, Total Electric, Underground Utilities, Water Heater-Electric, Water-City, Water-Well

Condo/Co-op/Association

  • Association Fees: 9
  • Community Amenities: Fishing Pier

Lot Info

  • Estimated Lot Size: 0.81
  • Lot Block Unit: 79
  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Lot Size: 160x266

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Tax Info

  • Property Taxes: 872
  • Assessor Parcel Number: 215638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Feb 5, 2016
Sold by
Johnson Stewart A
Bought by
The John Edwin Sells & Laura Leiding Sel
Seller's Agent
The Kevin Corcoran Team
RE/MAX of Gulf Shores
Buyer's Agent
Regina Daily
RE/MAX of Orange Beach
List Price
$396,999
Sold Price
$396,999
Current Estimated Value
$728,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,697
Avg. Annual Appreciation
6.20%
Original Mortgage
$140,000
Outstanding Balance
$64,507
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$639,478
Source: Public Records

Range of Values:

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Average Value
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List Price
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
The John Edwin Sells & Laura Leiding Sel -- Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The John Edwin Sells & Laura Leiding Sel $140,000
Previous Owner Johnson Stewart A $212,000
Previous Owner Johnson Stewart A $217,400
Previous Owner Johnson Marita L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $396,999 0.0% $140 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $396,999 -- $140 / 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 $1,663 $63,480 $17,500 $45,980
2023 $1,475 $56,380 $8,800 $47,580
2022 $1,253 $48,000 $0 $0
2021 $1,130 $42,860 $0 $0
2020 $1,078 $41,380 $0 $0
2019 $873 $42,780 $0 $0
2018 $873 $43,780 $0 $0
2017 $873 $39,940 $0 $0
2016 $873 $34,520 $0 $0
2015 -- $33,660 $0 $0
2014 -- $29,500 $0 $0
2013 -- $28,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 231373

Baldwin REALTORS®

APN: 62-04-18-0-001-005.230