NOT LISTED FOR SALE

9850 Sherman Rd Foley, AL 36535

Estimated Value: $412,000 - $1,719,000

3 Beds
2 Baths
1,400 Sq Ft
$840/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $712,500 $509 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,295/month

Highlights

  • Lake Front
  • Home fronts a pond
  • Wood Burning Stove
  • Open-Concept Dining Room
  • 40 Acre Lot
  • Farm

About This Home

As of August 2015

Beautiful 40 Acre Horse Farm in sought after Magnolia Springs. This farm features a gated entrance into the finest Oak Tree Lined driveway in Baldwin County. a 1400 Sqft 3 Bd/2 Bath Cottage overlooking a fully stocked pond, over 17 acres of pasture, 2000 sqft equipment shed and barn with tack room, office and bath. This property is ready for your personal estate or future development.

Last Agent to Sell the Property

Morgan Ashurst

Ashurst & Niemeyer LLC License #71938 Listed on: 08/09/2015

Last Buyer's Agent

Morgan Ashurst

Ashurst & Niemeyer LLC License #71938 Listed on: 08/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1970

Lot Details

  • 40 Acre Lot
  • Home fronts a pond
  • Lake Front

Parking

  • Detached Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Open-Concept Dining Room
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Magnolia - Baldwin Elementary School
  • Foley Middle School
  • Foley High School

Additional Features

  • Farm
  • Central Heating and Cooling System

Community Details

  • Magnolia Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6002100000002001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,297

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 21 AC(C) NW1 4 OF NE1 4 LESS PHASE ONE OF MAGNOLIA SPRINGS SOUTH SLIDE 1853-B 7 LESS GRAND OAKS ESTATES SUB SLIDE 2137-E SEC 10-T8S-R3E (WD-SURVIVORSHIP)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1970
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1400.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Wood Siding
  • View: Water
  • Foundation: None

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: MAGNOLIA SPRINGS

Lot Info

  • Acres: 40.0000
  • Lot Features: Farm
  • Lot Dimensions: 40
  • Parcel Number: 6002100000002001
  • Price Acre Dollar: 17812.50
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Multi Family

  • Waterfront Features: Lake Front, Pond

MLS Schools

  • Elementary School: Magnolia - Baldwin
  • High School: Foley
  • Middle School: Foley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Buchman Neal E
Bought by
Byrd Mark W and Byrd Sandra E
Current Estimated Value
$1,176,101

Purchase Details

Closed on
Jun 2, 2021
Sold by
Buchman Neal E
Bought by
Byrd Mark W and Byrd Sandra E

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jul 19, 2012
Sold by
Magnolia Springs South Llc
Bought by
Durden David and Durden Kelly
Seller's Agent
Judy Niemeyer
Ashurst & Niemeyer LLC
Buyer's Agent
Anne Hall
Ashurst & Niemeyer LLC
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$625,000
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Ken Wall Properties Inc
Bought by
Magnolia Springs South Llc
Source: Public Records

Range of Values:

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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
Byrd Mark W $1,250,000 Irby & Heard Pc
Byrd Mark W $1,250,000 None Available
Durden David $735,000 None Available
Magnolia Springs South Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durden David $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2015 08/13/15 Sold $712,500 0.0% $509 / Sq Ft
08/13/2015 08/13/15 Sold $712,500 0.0% $509 / Sq Ft View Prior Sale
08/11/2015 08/11/15 Pending -- -- --
08/09/2015 08/09/15 Pending -- -- --
01/24/2014 01/24/14 For Sale $712,500 -3.1% $509 / Sq Ft
07/19/2012 07/19/12 Sold $735,000 0.0% $525 / Sq Ft View Prior Sale
07/19/2012 07/19/12 Sold $735,000 0.0% $525 / Sq Ft View Prior Sale
06/20/2012 06/20/12 Pending -- -- --
06/20/2012 06/20/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $735,000 -- $525 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $1,297 $46,320 $2,560 $43,760
2023 $1,410 $50,340 $2,360 $47,980
2022 $1,005 $35,900 $0 $0
2021 $829 $29,560 $0 $0
2020 $823 $29,380 $0 $0
2019 $741 $26,460 $0 $0
2018 $575 $20,520 $0 $0
2017 $557 $19,880 $0 $0
2016 $627 $22,380 $0 $0
2015 $367 $13,100 $0 $0
2014 $360 $12,860 $0 $0
2013 -- $24,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0502268

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 60-02-10-0-000-002.001