NOT LISTED FOR SALE

8844 Placid Drive Loop Foley, AL 36535

Estimated Value: $296,000 - $308,214

3 Beds
2 Baths
1,478 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $120,000 $81 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,865/month

248 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Gazebo
  • Fishing Pier
  • Community Pool
  • Double Pane Windows

About This Home

As of January 2012

This property is a POSSIBLE SHORTSALE. It is in very good condition, was a 2nd home and rarely used.It is on one of the nicer lake front lots in Leisure Lake Subdv. Placid Drive Loop is the complete street name. Also has a nice screen porch and dock on lake. The listing price is subject to approval of short sale by lender.

Last Agent to Sell the Property

James Mitchell

Mitchell Brokerage Services License #44854 Listed on: 04/03/2011

Last Buyer's Agent

Tami Roberts

MyFavoriteAgent.com LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Automatic Garage Door Opener

Utilities

  • Heat Pump System
  • Underground Utilities
  • Satellite Dish

Community Details

Overview

  • Leisure Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Gazebo
  • Clubhouse
  • Meeting Room

Recreation

  • Fishing Pier
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Intersecting Street: Placid Dr. Loop
  • Property Amenities: Automatic Garage Door
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Ranch
  • Zoning Area: Single Family Residence
  • Year Built: 2005
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Leisure Lake
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Electric
  • Estimated Living Area: 1478
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 13x11, On Level: Main Level
  • Bedroom 3: Dimensions: 12x11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 11x11, On Level: Main Level
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 13x11, On Level: Main Level
  • Living Room: Dimensions: 19x14, On Level: Main Level
  • Master Bed: Dimensions: 15x14, On Level: Main Level
  • Price Per Sq Ft: 81.19
  • Property Interior Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Double Garage

Utilities

  • Heat Cooling: Heat Pump (Cool)
  • Utilities: Satellite, Sewage-City, Underground Utilities, Water-City

Condo/Co-op/Association

  • Association Fees: 30
  • Community Amenities: Club House, Fishing Pier, Gazebo, Meeting Room, Pool - Outdoor

Green Features

  • Energy Saving Features: Double Pane Windows

Lot Info

  • Lot Description: Some Trees

Tax Info

  • Assessor Parcel Number: 268033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2011
Closed on
Jan 5, 2012
Sold by
Mitchell Marc A and Mitchell Nancy M
Bought by
Gee Gail G
Seller's Agent
James Mitchell
Mitchell Brokerage Services
Buyer's Agent
Tami Roberts
MyFavoriteAgent.com LLC
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$300,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,554
Avg. Annual Appreciation
6.67%
Original Mortgage
$180,000
Outstanding Balance
$123,874
Interest Rate
4.06%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$176,680

Purchase Details

Closed on
Aug 11, 2006
Sold by
Mitchell Roy A and Mitchell Lanelle C
Bought by
Mitchell Marc A and Mitchell Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,520
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 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
$120,218
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gee Gail G -- None Available
Mitchell Marc A -- None Available
Mitchell Roy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gee Gail G $180,000
Previous Owner Mitchell Marc A $169,520
Previous Owner Mitchell Roy A $120,218
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2012 01/06/12 Sold $120,000 0.0% $81 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
04/03/2011 04/03/11 For Sale $120,000 -- $81 / 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
2024 -- $25,720 $5,640 $20,080
2023 $0 $30,060 $7,720 $22,340
2022 $0 $25,280 $0 $0
2021 $0 $20,140 $0 $0
2020 $0 $19,460 $0 $0
2019 $0 $18,760 $0 $0
2018 $0 $18,100 $0 $0
2017 $0 $16,560 $0 $0
2016 $0 $15,620 $0 $0
2015 -- $14,940 $0 $0
2014 -- $13,220 $0 $0
2013 -- $12,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Mitchell

    Mitchell Brokerage Services

  • Tami Roberts

    Buyer's Agent in 2012

    Tami Roberts

    MyFavoriteAgent.com LLC

    (251) 223-2921

    6 in this area

    25 Total Sales

    Tami Roberts
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Map

Source: Baldwin REALTORS®

MLS Number: 174556

Baldwin REALTORS®

APN: 61-06-14-0-000-001.145

Alabama Baldwin County Foley 36535

8844 Placid Drive Loop, Foley, AL

Not Listed for Sale

Detached

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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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