NOT LISTED FOR SALE

8698 Bay View Dr Foley, AL 36535

Estimated Value: $1,550,000 - $1,979,000

4 Beds
5 Baths
4,664 Sq Ft
$391/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2022

Last sale price $1,650,000 $354 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,079 / mo

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Guest House
  • Boat Lift
  • 212 Feet of Waterfront
  • Fishing Pier
  • Bay View

About This Home

As of May 2022

This is a one of a kind estate! Beautiful waterfront lot on Wolf Bay! Home was redone 2021/2022 with beautiful touches throughout! New AC units, new kitchen, baths, flooring, paint, boat dock too much to list!! A must see!! "Qualified buyers only". This property consists of a main house , separate guest suite, Three car garage with lots of workspace, boat ramp, pier, covered boathouse with lift, 2.11 acres, long driveway and circular drive. Two year old weather guard metal roof system. Each room on the back of the house features large windows that overlook a wide portion of Wolf Bay, This property has 212 feet of waterfront on Wolf Bay. Home has never flooded. Inside is an oversized kitchen, a large living room and dining room, an oversized master suite with two walk in closets. The master bath has a walk in tiled shower, separate freestanding bathtub, double vanities. Oversized laundry room with utility sink. This beautiful waterfront home has a sunroom on the back, and a large back patio. The backyard is incredibly large with lots of room for a family pool! You can sit at the pier and watch you favorite sports on the TV while you watch the dolphins swim, relaxing on this pier is an under statement! Bay Forest Estates is a very quiet subdivision with a private boat ramp. LIVING AT IT"S BEST!!! Inside pictures coming soon!

Last Agent to Sell the Property

Ida Sherman

Pointe South Listed on: 03/28/2022

Last Buyer's Agent

Timothy Newman

Gold Star Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1992

Lot Details

  • 212 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Interior Lot
  • Level Lot
  • Few Trees

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 4,664 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Ceiling Fan
  • Living Room
  • Storage
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Garden Bath
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Bay or Harbor
  • Boat Lift
  • Patio
  • Outdoor Storage
  • Rear Porch

Additional Homes

  • Guest House

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62-04-18-0-001-005.018

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance
  • Bay Forest Estates Subdivision

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,586

Year Built

Built in 1992

Lot Details

2.12 Acres

HOA Fees

$16 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Guest Cottage, En-Suite, Internet, Porch-Open, Patio, Security System, Split Bedroom Plan, Storage-In, Storage-Out, Wet Bar, Porch-Back
  • Property Type: Residential Detached
  • Style: Traditional
  • View: Direct Bay Front
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 62-04-18-0-001-005.018
  • Year Built: 1992
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: 129.57' X 485' Irr Bay Forest Estates Lot 140A Mb11 Pg77a Ly Ing In City Of Foley Sec 18-T8s-R5e
  • Subdivsn Or Commnty: Bay Forest Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 4664
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 16.5 x 11.63, On Level: 2
  • Bedroom 3: Dimensions: 16.5 x 11.63, On Level: 2
  • Bedroom 4: Dimensions: 13.5 x 17.32, On Level: Main Level
  • Bedrooms: 4
  • Floors: Carpet, Vinyl
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 16.9' x 15.30', On Level: Main Level
  • Living Room: Dimensions: 35.7 x 17.16, On Level: Main Level
  • Master Bed: Dimensions: 15.91' x 29.15', On Level: Main Level
  • Other Room: Dimensions: 7.93 x 7.76, On Level: Main Level
  • Price Per Sq Ft: 353.77
  • Property Interior Stories: 1.5
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, 1st Floor Primary, Sitting Area, Multiple Walk in Closets, Walk In Closet, Private Water Closet, Direct Bay View-Primary

Exterior Features

  • Waterfront Frontage: 212
  • Boat Facilities: Boat Dock, Boat Lift, Boat Ramp, Covered, Power Available, Water Depth (4 Ft+)
  • Body Of Water: Wolf Bay
  • Exterior Finish: Brick, Stucco
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Bay Front - Building, Deeded Access

Garage/Parking

  • Garage Parking: Detached, Three or More Vehicles

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Cable Tv, Sewage-Septic, Underground Utilities, Water Heater-Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 186
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance
  • Community Amenities: Fishing Pier, Water Access-Deeded

Schools

  • Intermediate School: Foley Intermediate

Lot Info

  • Lot Block Unit: Lot 140-A
  • Lot Description: 1-3 Acres, Inside Lot, Level, Rolling, Some Trees, Water View, Waterfront, Boat Lift
  • Lot Size: 129.57' X 485' IRR

Rental Info

  • More Than2 Pets Allowed: Yes
  • Rental Restricted: Yes

Tax Info

  • Property Taxes: 2586.42
  • Assessor Parcel Number: 051696

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High
  • Middle School: Foley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 10, 2022
Sold by
Ackerman John S and Ackerman Tamera H
Bought by
Rauch Michael L and Rauch Patricia M
Seller's Agent
Ida Sherman
Pointe South
Buyer's Agent
Timothy Newman
Gold Star Realty Group
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Current Estimated Value
$1,823,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,745
Avg. Annual Appreciation
2.56%
Original Mortgage
$1,150,000
Outstanding Balance
$1,074,442
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$749,303

Purchase Details

Closed on
Aug 1, 2020
Sold by
Poor Thalia N
Bought by
Ackerman John S and Ackerman Tamera H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rauch Michael L $1,650,000 Sentinel Title
Ackerman John S $825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rauch Michael L $1,150,000
Previous Owner Ackerman John S $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $1,650,000 -5.7% $354 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,750,000 -- $375 / Sq Ft
Source: Baldwin REALTORS®

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
2025 $5,526 $167,460 $68,980 $98,480
2024 $5,165 $156,520 $64,940 $91,580
2023 $5,331 $161,540 $58,580 $102,960
2022 $4,405 $134,840 $0 $0
2021 $2,586 $79,740 $0 $0
2020 $5,812 $176,120 $0 $0
2019 $1,687 $96,260 $0 $0
2018 $1,687 $90,220 $0 $0
2017 $1,687 $83,740 $0 $0
2016 $1,687 $77,060 $0 $0
2015 $1,687 $78,040 $0 $0
2014 $1,687 $74,100 $0 $0
2013 -- $74,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 328174

Baldwin REALTORS®

APN: 62-04-18-0-001-005.018

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