4 months on rocket

8622 Sherman Rd, Foley, AL, 36535

$799,900

20.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontPond, Other
ViewOther
MLS #364355
Lot Size20.00 Acres
StatusActive

About 8622 Sherman Rd

DEVELOPMENT POTENTIAL! Multiple development opportunities for this 20 acre parcel with two ponds. Conveniently located right off of County Road 12 and minutes to shopping, dining, and entertainment. The Gulf of Mexico, Weeks Bay and Bon Secour Bay are only a short drive away! With 663 road frontage on Sherman Road, this property is currently zoned for multiple development options through Rural Agricultural. The adjacent land is zoned RSF-3. The property features a 1200 sf mobile home, three outbuildings, including a 16' x 12' storage building, a 21' x 61' barn with three spacious bays, and a 30' x 40' metal building that was constructed in 2015 to withstand wind speeds of 145+ MPH. The metal building sits on a concrete slab, offering a 14' overhang, two bays, and a climate-controlled storage room. In addition to its structural features, the property is fully fenced for cattle with two expansive pastures. Located in Flood Zone X with City Water. All buildings, including mobile home, are sold as-is. Buyer to verify all information during due diligence.

Property Details

Property Features

Listing Office:

  • Office Name: Coastal Leaders Realty Group
  • Office Phone: (251) 589-7815
  • Listing Agent: Gloria Crump

Exterior Features

Exterior Information:

  • Waterfront: Pond, Other
  • View: Other
  • Exterior: Barn(s)

Lot Features

Lot Information:

  • Lot: Level, Few Trees, See Remarks
  • Lot Size: 20.00 Acres

Other

Directions Information:

  • Directions: Driving north on Highway 59, turn left / west onto County Road 12. Drive approx 4.5 miles and turn left/ south onto Sherman Road. The property is approximately a half of mile on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900

Tax Information:

  • Annual Amount: $698
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$322.8K

Med. Price/SqFt

$178

Avg. Days On Market

89

# of Sold Homes

88

8622 Sherman Rd vs Foley

146 DAYS ON ROCKET

+57 Days

$799,900

+$477K More

KEY TAKEAWAY

This property is $477K more than the Median Sold Price in Foley, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #364355

Listing Office:

  • Office Name: Coastal Leaders Realty Group
  • Office Phone: (251) 589-7815
  • Listing Agent: Gloria Crump

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: 11/22/2024, 8:20:51 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

Apr 22, 2021Home Sold
$315,000
Jan 20, 2012Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$698$26,520
2019$712$27,040
2018$656$25,040
2017$518$20,120

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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-563931
5
/10
  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 2.85 miles

  • Public District Grades KG-6

school-card-donut-563932
3
/10
  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 4.53 miles

  • Public District Grades KG-6

school-card-donut-563933
4
/10
  • Magnolia Elementary School

  • 1 Jaguar Loop

  • 4.95 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,947. The majority of Foley, AL residents have income between $35k-100k annually. Most 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 are the common housing types 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 are the advantages of living 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.

Are essential services in Foley, AL convenient?

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.

How do Foley, AL residents get around?

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 8622 Sherman Rd

What is the listing price of this property?

The listing price of 8622 Sherman Rd property is $799,900.

What type of property is this?

The property 8622 Sherman Rd is land located in Foley, Alabama, 36535.

Is this property for sale now?

Active Listing: 8622 Sherman Rd 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 $698 (source: MLS/based on county public records data).

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

The last sale was on April 22, 2021 for $315,000. (source: MLS/tax record).

How much acreage is this property?

The property 8622 Sherman Rd is 20.00 acres.
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Rocket HomesAlabamaBaldwin CountyFoley365358622 Sherman Rd

This home is located at 8622 Sherman Rd in Foley, AL and zip code 36535. This home sits on a 20.00 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $799,900.

While more than 6 listings in Foley, AL in October 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 44 were sold below. Between September 2024 and October 2024, Foley, AL real estate market has seen increase in the number of listings by 9.3%. In October 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $322,835.

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

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