Have you recently priced the costs to put in all utilities including water, and septic? What about a 24x24 building, two power poles, a pool, and a new culvert? You could spend anywhere upwards of $90K (all owners/buyers/contractors will have different figures) Factoring in the amenities already existing on the property verses the asking price, the property is priced accurately. Are you ready for your new homesite? The beautiful 1 acre parcel has water, power, septic present. 24x24 storage building (size approx/buyer-buyers agent to confirm)There is an existing in ground pool, new owner will be responsible for having equipment updated and working. Much time spent bringing this property back to its former glory. While utilities are present, seller makes no guarantees of their condition. Buyer to verify all information during due diligence.
Property Details
Property Features
Listing Office:
Office Name: EXIT Realty Gulf Shores
Office Phone: (251) 974-1288
Listing Agent: Sharon Lavender
Lot Features
Lot Information:
Lot Size: 0.92 Acres
Other
Directions Information:
Directions: From 87 and 32, head south on 87 about half mile, property on the east side
Price Information
Listing Price Info
Price Summary:
List Price: $165,000
Tax Information:
Annual Amount: $290
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Elberta, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$891
Per Month
Principal & Interest
$824
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$561
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Elberta Elementary School
25820 US Highway 98
Distance between this listing and this school2.94 miles
Public District Grades KG-6
4
/10
Foley Elementary School
450 N Cedar St
Distance between this listing and this school7.27 miles
Public District Grades KG-6
5
/10
Elsanor Elementary School
23440 US Highway 90
Distance between this listing and this school8.15 miles
Public District Grades KG-6
Nearby Schools
4
/10
Summerdale Elementary School
400 E Broadway St
Distance between this listing and this school7.18 miles
Public District Grades KG-8
3
/10
Foley Middle School
200 N Oak St
Distance between this listing and this school7.22 miles
Public District Grades 7-8
5
/10
Central Baldwin Middle School
24545 State Highway 59
Distance between this listing and this school12.40 miles
Public District Grades 7-8
Nearby Schools
6
/10
Elberta High School
13355 Main St
Distance between this listing and this school2.70 miles
Public District Grades 9-12
6
/10
Foley High School
1 Pride Pl
Distance between this listing and this school8.22 miles
Public District Grades 9-12
6
/10
Robertsdale High School
21630 State Highway 59 S
Distance between this listing and this school9.50 miles
The neighbors living near this home have an average income of $34,342. Residents of Elberta, AL typically earn less than $35k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15806 County Road 87
What is the listing price of this property?
The listing price of 15806 County Road 87 property is $165,000.
What type of property is this?
The property 15806 County Road 87 is land located in Elberta, Alabama, 36530.
Is this property for sale now?
Active Listing: 15806 County Road 87 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $290 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 21, 2014 for $73,500. (source: MLS/tax record).
How much acreage is this property?
The property 15806 County Road 87 is 0.92 acres.
Interested in 15806 County Road 87? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 15806 County Road 87 in Elberta, AL and zip code 36530. This home sits on a 0.92 acre lot. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $165,000.
In October 2024, from all listings sold in Elberta, AL there were more than 0 sold above asking price, over 10 sold below and more than 5 were sold right at the asked price. The number of listings in Elberta, AL increased by 6.9% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.