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316 E Laurel Ave, Foley, AL, 36535

$265,000

Home List Price

$3,147*

Closing Credit

3 Bedrooms
2 Full Baths
797 SqFt
$333/SqFt
House

Location

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316 E Laurel Ave, Foley$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingSee Remarks
Year Built1940
HeatingElectric, Central
CoolingCeiling Fan(s)
MLS #371674
Lot Size0.16 Acres
StatusActive

About 316 E Laurel Ave

This charming single-family home, located directly across from the Foley Library and City Hall, offers a unique opportunity with its B-2 zoning. Perfect for those looking to combine residential living with potential commercial use, this property provides excellent visibility and access to the heart of the city. Featuring a cozy interior with modern updates, it blends the comfort of home with the flexibility of B-2 zoning, allowing for a variety of business possibilities. Whether you're looking for a place to call home or a strategic investment, this property offers endless potential in a prime location. Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1940
  • Stories: 1
  • Living Area: 797 SqFt

Listing Office:

  • Office Name: Goode Realty, LLC
  • Office Phone: (251) 981-2929
  • Listing Agent: Nicholas Hehman

Interior Features

Interior Information:

  • Appliances: Convection Oven, Microwave, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Porch Front, None, Storage

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Central
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Directly across the street from the Foley Library.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $333/SqFt
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Housing Market Comparison

See how this home compares to others in Foley, AL.

Med. Sold Price

$326.2K

Med. Price/SqFt

$179

Avg. Days On Market

41

# of Sold Homes

73

316 E Laurel Ave vs Foley

1 DAY ON ROCKET

-40 Days

$265,000

-$61.2K Less

$333/SqFt

+$154 More

KEY TAKEAWAY

This property is $61.2K less than the Median Sold Price and $154/SqFt more than other homes in Foley, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #371674

Listing Office:

  • Office Name: Goode Realty, LLC
  • Office Phone: (251) 981-2929
  • Listing Agent: Nicholas Hehman

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $7,180
2019 - $6,840
2018 - $5,160
2017 - $5,160

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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.

Nearby Schools

school-card-donut-82648
4
/10
  • Foley Elementary School

  • 450 N Cedar St

  • 0.74 miles

  • Public District Grades KG-6

school-card-donut-82649
3
/10
  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 1.67 miles

  • Public District Grades KG-6

school-card-donut-82650
4
/10
  • Magnolia Elementary School

  • 1 Jaguar Loop

  • 3.96 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,784. Typical income of Foley, AL residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Foley, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Foley, AL?

Foley's housing market offers a blend of residential options, with single-family homes being a significant portion of the landscape. Architectural styles vary, with a mix of traditional Southern designs, contemporary builds, and charming craftsman homes. The area has seen a steady growth in housing developments, particularly in the last few decades, reflecting a trend towards suburban expansion. The homeownership rate in Foley is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for rental opportunities.

Is Foley, AL a good place to live?

Foley is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its local events, such as the annual Foley BBQ & Blues Cook-Off, which showcases the area's rich culinary traditions and vibrant community spirit. The city's parks and recreational facilities contribute to its family-friendly character, offering residents a peaceful and engaging environment.

Are things conveniently located in Foley, AL?

The community is served by a number of educational institutions, including several public schools that cater to different age groups and a handful of private schools, some with religious affiliations, providing a range of educational options. Healthcare services are accessible, with facilities offering primary care, urgent care, and specialized medical services. Foley's retail and dining scenes reflect the local culture, with an array of shops and restaurants that cater to both residents and visitors. The city has taken steps to improve services, particularly in response to its growing population and evolving demographic needs.

What does the transportation in Foley, AL look like?

Foley's transportation infrastructure supports both private and public transit options. The city's layout is conducive to driving, with a network of roads connecting residents to nearby cities and attractions. Public transportation is available, with bus services operating on a set schedule, facilitating access to key areas within the city. Ride-sharing services are also active in Foley, providing additional transportation options. While the city is primarily car-dependent, there are areas with sidewalks and bike lanes that encourage walking and biking for short trips.

Frequently Asked Questions About 316 E Laurel Ave

What is the listing price of this property?

The listing price of 316 E Laurel Ave property is $265,000.

What type of property is this?

The property 316 E Laurel Ave is a house located in Foley, Alabama, 36535.

Is this property for sale now?

Active Listing: 316 E Laurel Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 316 E Laurel Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 316 E Laurel Ave is 797 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 E Laurel Ave is 1940.

Rocket Homes›Alabama›Baldwin County›Foley›36535›316 E Laurel Ave

This home is located at 316 E Laurel Ave in Foley, AL and zip code 36535. This 797 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $265,000.

While more than 3 listings in Foley, AL in November 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 44 were sold below. The inventory of homes for sale in Foley, AL between October 2024 and November 2024 decreased by 1.4%. While the average time on the market in November 2024 was 41 days, the median list price was $326,250.

From Rocket Homes Real Estate and based on county public records data.

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