Nice building lot at a great price in beautiful Canterbury! Tucked away in Phase V on a cul-de-sac and surrounded by stunning homes, this lot is ready for your new home! Motivated seller! Underground utilities! Buyer to verify all information during due diligence.
Property Details
Property Features
Listing Office:
Office Name: Bailey Realty Group, LLC
Office Email: patty.bailey@bellsouth.net
Listing Agent: Patty Bailey
Lot Features
Lot Information:
Lot: Cul-De-Sac, Rolling/Hilly, Few Trees
Lot Size: 0.75 Acres
Other
Directions Information:
Directions: From Hand Avenue, go east on East Almyra. Go 3 blocks and take a left into Canterbury onto Northshore Drive. Turn left on Rebecca Drive and go all the way to the end, then left on Cate Lane, then right on Cate Court. Lot down on right.
Price Information
Listing Price Info
Price Summary:
List Price: $41,500
HOA Fees:
Amount: $150
Frequency: Annually
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 Bay Minette, AL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$287
Per Month
Principal & Interest
$208
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)
$12
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
$191
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
4
/10
Bay Minette Elementary School
800 Blackburn Ave
Distance between this listing and this school1.06 miles
Public District Grades KG-6
3
/10
Pine Grove Elementary School
43980 Pine Grove Rd
Distance between this listing and this school3.15 miles
Public District Grades KG-6
4
/10
Delta Elementary School
10251 Whitehouse Fork Road Ext
Distance between this listing and this school9.14 miles
Public District Grades KG-6
Nearby Schools
4
/10
Bay Minette Middle School
1311 W 13th St
Distance between this listing and this school0.91 miles
Public District Grades 7-8
8
/10
Perdido Elementary School
23589 County Road 47
Distance between this listing and this school11.32 miles
Public District Grades KG-8
8
/10
Spanish Fort Middle School
33899 Jimmy Faulkner Dr
Distance between this listing and this school13.99 miles
Public District Grades 7-8
Nearby Schools
7
/10
Baldwin County High School
1 Tiger Dr
Distance between this listing and this school1.43 miles
Public District Grades 9-12
9
/10
Spanish Fort High School
1 Plaza De Toros Dr
Distance between this listing and this school15.72 miles
Public District Grades 9-12
8
/10
Satsuma High School
1 Gator Cir
Distance between this listing and this school17.24 miles
The neighbors living near this home have an average income of $73,179. The most common annual income of people living in Bay Minette, AL is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 515 Cate Ct
What is the listing price of this property?
The listing price of 515 Cate Ct property is $41,500.
What type of property is this?
The property 515 Cate Ct is land located in Bay Minette, Alabama, 36507.
Is this property for sale now?
Active Listing: 515 Cate Ct is For Sale (Active/New) which means the seller is accepting offers.
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 515 Cate Ct in Bay Minette, AL and zip code 36507. This home sits on a 0.75 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $41,500.
Bay Minette, AL housing market in November 2024 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. Between October 2024 and November 2024, Bay Minette, AL real estate market has seen decrease in the number of listings by 2.2%. In November 2024, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $236,500.
From Rocket Homes Real Estate and based on county public records data.