4 months on rocket

507 E Michigan Ave, Foley, AL, 36535

$335,001

Home List Price

$3,978*

Closing Credit

3 Bedrooms
2 Full Baths
1,841 SqFt
$182/SqFt
House

Location

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507 E Michigan Ave, Foley$335,001

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDouble Garage, Automatic Garage Door
Year Built1991
HeatingElectric, Central
CoolingCeiling Fan(s)
FireplaceFamily Room
MLS #366492
Lot Size0.34 Acres
StatusActive

About 507 E Michigan Ave

CRAZY PRICE REDUCTION! Come See This Like New Home! *Short Term Rental *Pool *3/2 *1831 SF *Office/Sunroom *2 Car Garage*2 Storage Sheds *No Association *Fireplace *Income Producing *New Garage Door *RV Parking - Bring Your Toys! Beautifully maintained 3 bedroom, 2 bath, with a huge Office/Sunroom. This home is convenient to everything and only 20 minutes to the beautiful white sandy beaches. No Association! The Large living room has vaulted ceilings and a wood burning Fireplace. There is a Spacious dining area right off the kitchen. Primary Bedroom has vaulted ceilings, 3 closets, and a bay window. enjoy the Jetted Tub and separate shower in the adjoining bath. You'll have adequate storage space in the 2 Outside storage buildings with power. A beautifully landscaped back yard is perfect for playing yard games and has a new privacy fence. On hot days enjoy cooling off in the Aboveground Pool. New LVP flooring, New Fortified Roof installed in 2021, New Rain Gutters with Leaf Guard installed in 2021, New Paint - New HVAC 2023. This property is currently a short-term vacation rental. The Garage has Custom Built in storage. Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1991
  • Stories: 1
  • Living Area: 1,841 SqFt

Listing Office:

  • Office Name: RE/MAX of Orange Beach
  • Office Phone: (251) 269-9327
  • Listing Agent: Cynthia Morris

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Cooktop
  • Interior: Ceiling Fan(s), En-Suite, Vaulted Ceiling(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Storage, Patio, Porch/Screened, None

Parking Information:

  • Parking: Double Garage, Automatic Garage Door

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Hwy 98, south on 59, left onto E. Michigan, home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,001
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $469
  • Tax Year: 2020
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Housing Market Comparison

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

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Foley, AL

City

Med. Sold Price

$326.2K

Med. Price/SqFt

$179

Avg. Days On Market

41

# of Sold Homes

73

507 E Michigan Ave vs Foley

125 DAYS ON ROCKET

+84 Days

$335,001

+$8.7K More

$182/SqFt

+$3 More

KEY TAKEAWAY

This property is $8.7K more than the Median Sold Price and $3/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: #366492

Listing Office:

  • Office Name: RE/MAX of Orange Beach
  • Office Phone: (251) 269-9327
  • Listing Agent: Cynthia Morris

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, 10:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 12, 2018Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$469$15,580
2019$461$15,340
2018 - $11,920
2017 - $11,420

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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-4498914
3
/10

  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 1.14 miles

  • Public District Grades KG-6

school-card-donut-4498915
4
/10

  • Foley Elementary School

  • 450 N Cedar St

  • 1.45 miles

  • Public District Grades KG-6

school-card-donut-4498916
4
/10

  • Magnolia Elementary School

  • 1 Jaguar Loop

  • 4.41 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,840. Residents of Foley, AL typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree 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.

Types of housing 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.

What is it like to live in Foley, AL?

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.

Is it easy to get around Foley, AL without a car?

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.

Transportation in Foley, AL.

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 507 E Michigan Ave

What is the listing price of this property?

The listing price of 507 E Michigan Ave property is $335,001.

What type of property is this?

The property 507 E Michigan Ave is a house located in Foley, Alabama, 36535.

Is this property for sale now?

Active Listing: 507 E Michigan Ave 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 $469 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 12, 2018 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 E Michigan Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 E Michigan Ave is 1,841 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 E Michigan Ave is 1991.

Rocket Homes›Alabama›Baldwin County›Foley›36535›507 E Michigan Ave

This home is located at 507 E Michigan Ave in Foley, AL and zip code 36535. This 1,841 square foot home, which was built in 1991, sits on a 0.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $335,001.

In November 2024, from all listings sold in Foley, AL there were more than 3 sold above asking price, over 44 sold below and more than 18 were sold right at the asked price. In November 2024 in Foley, AL there were 1.4% less homes for sale than in October 2024. Listings spent 41 days on the market in November 2024, and had a median list price of $326,250 during the same period.

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

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