What's not to love about this inviting Farmhouse tucked away in the peaceful Baldwin County countryside? Situated on a sizable plot of land, home sits close to family parks & fine diners, with popular Eastern Shore Center only 10 min. away! Within 3 min. of the closest grocery store and Dollar General, you will find location to be a major advantage. Home is freshly painted with new flooring and massive Deck overlooking a pond--perfect for entertaining! Living Room welcomes you with huge Wood-burning Fireplace, Exposed Beams & Vaulted Ceiling. Also, enjoy a French-Doors exit onto Back Deck & Wall of Windows for full view. this ideal-sized Kitchen features abundant Cabinet Space with Vintage Tambour Door & Custom Woodwork. Third Bedroom is Open Loft with quaint Sloping Attic ceilings & personal Balcony. Home has nice open layout & Mature Foliage Surrounding...so schedule your showing today!
Sold for $240,000
$240,000
40500 Lake Dr, Bay Minette, AL 36507
3beds
1,900sqft
SingleFamily
Built in 1974
0.33 Acres Lot
$257,500 Zestimate®
$126/sqft
$1,829 Estimated rent
Home value
$257,500
$239,000 - $273,000
$1,829/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven
Features
- Flooring: Tile, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,900 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.33 Acres
Details
- Parcel number: 2802040001049000
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1974
Community & HOA
Location
- Region: Bay Minette
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $235,800
- Annual tax amount: $1,415
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $240,000-7.7%$126/sqft |
Source: Public Record Report a problem | ||
| 7/16/2024 | Pending sale | $259,900$137/sqft |
Source:  Baldwin Realtors #360954 Report a problem | ||
| 4/16/2024 | Listed for sale | $259,900+129%$137/sqft |
Source: Baldwin Realtors #360954 Report a problem | ||
| 2/22/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/20/2022 | Price change | $1,650+6.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/15/2022 | Listed for rent | $1,550$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/12/2018 | Sold | $113,500-1.7%$60/sqft |
Source: Public Record Report a problem | ||
| 3/12/2018 | Listed for sale | $115,500$61/sqft |
Source: Owner Report a problem | ||
| 2/7/2018 | Pending sale | $115,500$61/sqft |
Source: Owner Report a problem | ||
| 2/3/2018 | Price change | $115,500+5%$61/sqft |
Source: Owner Report a problem | ||
| 1/27/2018 | Price change | $110,000-4.8%$58/sqft |
Source: Owner Report a problem | ||
| 11/12/2017 | Listed for sale | $115,500-3.8%$61/sqft |
Source: Owner Report a problem | ||
| 10/1/2017 | Listing removed | $120,000$63/sqft |
Source: Jason Will Real Estate, LLC #250516 Report a problem | ||
| 5/10/2017 | Price change | $120,000-4%$63/sqft |
Source: Jason Will Real Estate, LLC #250516 Report a problem | ||
| 3/9/2017 | Listed for sale | $125,000+68.9%$66/sqft |
Source: Jason Will Real Estate, LLC #250516 Report a problem | ||
| 2/6/2014 | Sold | $74,000-1.2%$39/sqft |
Source: Baldwin Realtors #205509 Report a problem | ||
| 12/12/2013 | Listed for sale | $74,900$39/sqft |
Source: Dumas Realty Inc. Baldwin #205509 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,415 +7% | $47,160 +7% |
| 2024 | $1,322 +22.5% | $44,080 +22.5% |
| 2023 | $1,079 | $35,980 +10.6% |
| 2022 | -- | $32,540 +116.1% |
| 2021 | $403 +4.7% | $15,060 +4.1% |
| 2020 | $385 +7.7% | $14,460 +6.8% |
| 2019 | $357 -53.1% | $13,540 -46.7% |
| 2018 | $761 +7.2% | $25,380 +7.2% |
| 2017 | $710 -1.7% | $23,680 +6.8% |
| 2016 | $722 | $22,180 -3% |
| 2015 | -- | $22,860 +6.2% |
| 2014 | -- | $21,520 |
| 2013 | -- | $21,520 +95.3% |
| 2011 | -- | $11,020 -3.5% |
| 2010 | -- | $11,420 -18.8% |
| 2009 | $373 | $14,060 |
| 2008 | $373 +5.3% | $14,060 +4.6% |
| 2007 | $354 +5.4% | $13,440 +4.7% |
| 2006 | $336 +15.5% | $12,840 +13.2% |
| 2005 | $291 +16% | $11,340 +13.4% |
| 2004 | $251 | $10,000 |
| 2003 | $251 +7.7% | $10,000 +6.4% |
| 2002 | $233 +1.6% | $9,400 |
| 2001 | $229 | $9,400 |
| 2000 | $229 | $9,400 |
Find assessor info on the county website
Neighborhood: 36507
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Pine Grove Elementary SchoolGrades: PK-6Distance: 3.7 mi
- 8/10Bay Minette Middle SchoolGrades: 7-8Distance: 5.1 mi
- 8/10Baldwin Co High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- District: Bay Minette
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$257,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$257,500
- Alabama
- Baldwin County
- Bay Minette
- 36507
- 40500 Lake Dr
Nearby cities
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