NOT LISTED FOR SALE

8840 Placid Drive Loop Foley, AL 36535

Estimated Value: $301,000 - $318,000

3 Beds
2 Baths
1,563 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $196,500 $126 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,724/month

11 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Pool View
  • Fishing Pier
  • Contemporary Architecture
  • Screened Porch

About This Home

As of February 2019

Beautiful Home on approx. 9 acre lake. Has 2 decks and boat dock. Between Foley and Orange Beach, I mile easy of Foley Beach Express. House is located on Placid Drive Loop.

Last Agent to Sell the Property

James Mitchell

Mitchell Brokerage Services License #44854 Listed on: 01/14/2019

Last Buyer's Agent

James Mitchell

Mitchell Brokerage Services License #44854 Listed on: 01/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $583

Year Built

  • Built in 2005

Lot Details

  • Lake Front

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Screened Porch
  • Carpet
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Heat Pump System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 61-06-14-0-000-001.146

Community Details

Overview

  • Association fees include common area insurance, common area maintenance, recreational facilities, reserve funds, clubhouse, pool
  • Leisure Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Fishing Pier

Home Details

Home Type

Single Family

Est. Annual Taxes

$583

Year Built

Built in 2005

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Internet, Porch-Screened, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Contemporary
  • View: Direct Lake Front, Pool Area View, Western View
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-06-14-0-000-001.146
  • Year Built: 2005
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Leisure Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Range-Electric, Smoke Detector
  • Estimated Living Area: 1563
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12 x 12, On Level: Main Level
  • Bedroom 3: Dimensions: 12 x 12, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 11 x 10, On Level: Main Level
  • Floors: Carpet
  • Great Room: Dimensions: 15 x 24, On Level: Main Level
  • Kitchen: Dimensions: 11 x 12, On Level: Main Level
  • Master Bed: Dimensions: 16 x 13, On Level: Main Level
  • Price Per Sq Ft: 125.72
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary, Walk In Closet

Exterior Features

  • Boat Facilities: Boat Dock, Power Available
  • Exterior Finish: Brick, Vinyl
  • Roof: Dimensional
  • Water Property Type: Lake Front - Building

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Heat Pump
  • Utilities: Baldwin Co Sewer Service, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Association Fees: 210
  • Association Fees Include: Common Area Insurance, Common Area Maintenance, Recreational Facilities, Reserve Funds, Clubhouse, Pool
  • Community Amenities: Club House, Fishing Pier

Schools

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

Lot Info

  • Lot Description: Less Than 1 Acre

Rental Info

  • Furnished: Negotiable

Tax Info

  • Property Taxes: 582.78
  • Assessor Parcel Number: 268034

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
Jan 14, 2019
Closed on
Feb 20, 2019
Sold by
Mitchell Stephen A and Mitchell Vickie S
Bought by
Traffica Eddie B
Seller's Agent
James Mitchell
Mitchell Brokerage Services
Buyer's Agent
James Mitchell
Mitchell Brokerage Services
List Price
$204,900
Sold Price
$196,500
Premium/Discount to List
-$8,400
-4.1%
Current Estimated Value
$310,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,109
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Jun 30, 2006
Sold by
Mitchell Roy A and Mitchell Lanelle C
Bought by
Mitchell Stephen A and Mitchell Vickie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,320
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Benchmark Homes Inc
Bought by
Mitchell Roy A and Mitchell Lanelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,812
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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
Traffica Eddie B $196,500 None Available
Mitchell Stephen A -- None Available
Mitchell Roy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Stephen A $151,200
Previous Owner Mitchell Stephen A $18,900
Previous Owner Mitchell Stephen A $170,320
Previous Owner Mitchell Roy A $121,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $196,500 -4.1% $126 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $204,900 -- $131 / 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 -- $25,860 $5,640 $20,220
2023 $0 $28,200 $7,720 $20,480
2022 $0 $24,860 $0 $0
2021 $659 $19,800 $0 $0
2020 $633 $19,180 $0 $0
2019 $605 $18,320 $0 $0
2018 $583 $17,660 $0 $0
2017 $522 $15,820 $0 $0
2016 $492 $14,900 $0 $0
2015 -- $14,240 $0 $0
2014 -- $12,560 $0 $0
2013 -- $12,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 278432

Baldwin REALTORS®

APN: 61-06-14-0-000-001.146