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22485 Wedgewood Drive

22485 Wedgewood Drive, Foley, AL 36535
House in Baldwin
Sold May 27, 2020
$43,000
$366,800 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2051
Sold Mar 08, 2019
$109,500
$293,000 by Angel Oak Home Loans Llc
Mortgage Due Apr 01, 2049
22485 Wedgewood Drive in Foley, AL was first built in 1991 and is 33 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 22485 Wedgewood Drive has 4,935 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,357 ft and the linear feet between the front and back of the lot is 2,495. In total, the area measurement of the land is 58,807 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. The home has a gable or hip style roof made of shingle (not wood). The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 22485 Wedgewood Drive was last sold in May 22, 2020 for $43,000. According to our calculations, that's $8.71 per sqft. Prior to that sales transaction, the property was sold for $109,500 in Mar 1, 2019. Current property owners are expected to pay $1,360 in taxes per year. The property on 22485 Wedgewood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $52,040. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

New Traditional

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 58,807
  • Lot Size Depth Feet: 2,495
  • Lot Size Frontage Feet: 2,357
  • Total Building Area: 4,935
  • Building Area: 4,935
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW ESTATES
  • Land Acres: 1.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 235.73 X 249.51 IRR LOT 277-B LAKEVIEW ESTATES PHASE II SLIDE 1210-B IN THE CITY OF FOLEY SEC 11-T8S-R4E (QCD SURVIVORSHIP)

Ownership

  • Current Owner : GATWOOD MICHAEL WAYNE
  • Current Owner 2: GATWOOD MELILITZA
  • Previous Owner : COSTON BEN J
  • Previous Owner 2: DUBOSE JOYCE C
  • Owner Before Previous Owner: EZBYTES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Baldwin County School District
  • Census Tract: 011504

Geography

  • Account Number: 354419
  • Parcel: 61-01-11-0-000-001.384
  • Lot: 277-B
  • Municipality: FOLEY
  • Latitude: 30.364
  • Longitude: -87.643

    Address

  • Full Address: 22485 Wedgewood Dr
  • Address - House Number: 22485
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Foley
  • Carrier Code: H070
  • 4-Digit Zip Code: 9309
  • Zip Code: 36535

Valuation

    Tax

  • Total Area: 5,433
  • Tax Year: 2022
  • Tax Amount: $1,360
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 475,013
  • High Value: 596,800
  • Low Value: 353,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,800
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $366,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $520,200
  • Market Land Value: $58,500
  • Market Improvement Value: $461,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,040

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11762114803
  • Current Sale Price: $43,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1831550
  • Previous Sale Recording Date: Mar 08, 2019
  • Previous Sale Contract Date: Mar 01, 2019
  • Previous Sale Amount: $109,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY BANK
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $36,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • Previous Mortgage Transaction Date: Mar 08, 2019
  • Previous Mortgage Loan Amount: $293,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Foley



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388 Winters Avenue, Gulf Shores, AL, 36542 Listing by Living My Best Life Realty LTR

Frequently Asked Questions

What neighborhood is 22485 Wedgewood Drive located in?
The 22485 Wedgewood Drive is a house located in the neighborhood of Baldwin in Foley, Foley.
What is the average sales price for listings in 22485 Wedgewood Drive?
The average sales price for units in 22485 Wedgewood Drive is $0 currently.

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