NOT LISTED FOR SALE

101 Shallow Springs Cove Fairhope, AL 36532

Estimated Value: $1,138,000 - $1,897,589

5 Beds
5.5 Baths
5,926 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $1,000,000 $169 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $10,719/month

Highlights

  • Lake Front
  • Pier
  • Corner Lot
  • Fairhope Middle School Rated A
  • Wood Flooring
  • Screened Porch

About This Home

As of June 2015

Incredible lake front home located in The Waters at Fairhope. Attention to detail that includes beautiful brick and stone, heart pine floors, mahogany doors and immaculate kitchen. The outdoor space and amenities add to the list of special details: retractable screens on porch, fire pit, outdoor kitchen, and pier on picturesque lake. Possession 1 to 15 days

Last Agent to Sell the Property

Mary Cane

Courtney & Morris Daphne License #51964 Listed on: 03/03/2015

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,359

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 89x252x220x254
  • Lake Front
  • Cul-De-Sac
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Wood Siding
  • Stone Siding
  • Brick Front

Interior Spaces

  • 5,926 Sq Ft Home
  • Wet Bar
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Breakfast Room
  • Formal Dining Room
  • Screened Porch
  • Water Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Pier
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • Waters At Fairhope Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4602030000004097

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,359

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Legal Description: 263 X 194.1 IRR LOT 89 THE WATERS AT FAIRHOPE SUB SLIDE 23 17-A B C D&E & AMENDED SLIDE 2340-A B C D&E LYING IN THE CIT Y OF FAIRHOPE SEC 3-T6S-R2E (WD - SURVIVORSHIP)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 2008
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s), Wet Bar
  • Kitchen Features: Breakfast Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5926.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1

Exterior Features

  • Construction Materials: Brick Front, Stone, Wood Siding
  • Patio And Porch Features: Front Porch, Patio, Rear Porch, Screened
  • View: Water
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: WATERS AT FAIRHOPE

Lot Info

  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Dimensions: 89X252X220X254
  • Parcel Number: 4602030000004097
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 46-02-03-0-000-004.097
  • Close Date: 2015-06-05

Multi Family

  • Waterfront Features: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Montgomery Kenneth C and Montgomery Deena C
Bought by
Charter Landing Inc
Current Estimated Value
$1,754,561

Purchase Details

Closed on
Mar 28, 2022
Sold by
Charter Landing Inc
Bought by
Conte Marcello and Conte Mary

Purchase Details

Closed on
Feb 16, 2022
Sold by
Kenneth Montgomery
Bought by
Charter Landing Inc

Purchase Details

Closed on
Mar 10, 2016
Sold by
Reed Mark B
Bought by
Charter Landing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 3, 2015
Closed on
May 20, 2015
Sold by
Billups Walter G and Billups Brooke
Bought by
Montgomery Kenneth and Montgomery Deena C
Seller's Agent
Mary Cane
Courtney & Morris Daphne
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$800,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2009
Sold by
The Sanctuary Llc
Bought by
Billups Walter G and Billups Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 2008
Sold by
Achee Properties Inc
Bought by
Billups Walter G and Billups Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,000
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Charter Landing Inc $1,730,000 Herbert Law Firm Llc
Conte Marcello $170,000 Lori Meadows Pc
Charter Landing Inc -- Blackburn & Conner Pc
Charter Landing Inc $650,000 None Available
Montgomery Kenneth $1,000,000 None Available
Billups Walter G -- None Available
Billups Walter G $1,385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spainsh Fort 4 Llc $470,000
Previous Owner Charter Landing Inc $650,000
Previous Owner Montgomery Kenneth $800,000
Previous Owner Billups Walter G $157,500
Previous Owner Billups Walter G $1,108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $1,000,000 0.0% $169 / Sq Ft
05/20/2015 05/20/15 Sold $1,000,000 0.0% $169 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
03/02/2015 03/02/15 Pending -- -- --
02/18/2014 02/18/14 For Sale $1,000,000 -- $169 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,359 $290,420 $50,500 $239,920
2023 $13,121 $285,240 $54,800 $230,440
2022 $4,892 $124,320 $0 $0
2021 $4,678 $112,320 $0 $0
2020 $4,460 $113,400 $0 $0
2019 $4,187 $115,240 $0 $0
2018 $3,735 $102,860 $0 $0
2017 $3,503 $96,480 $0 $0
2016 $3,553 $97,860 $0 $0
2015 $4,117 $96,800 $0 $0
2014 $4,047 $95,160 $0 $0
2013 -- $92,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Cane

    Seller's Agent in 2015

    Mary Cane

    Courtney & Morris Daphne

    (251) 605-5109

    244 Total Sales

    Section Image

  • N

    Buyer's Agent in 2015

    NOT MULTIPLE LISTING

    NOT MULTILPLE LISTING

  • Ken Montgomery

    Buyer's Agent in 2015

    Ken Montgomery

    Charter Landing, Inc.

    (251) 510-1227

    22 Total Sales

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0503006

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-02-03-0-000-004.097

Alabama Baldwin County Fairhope 36526

101 Shallow Springs Cove, Fairhope, AL

This home is located at 101 Shallow Springs Cove, Fairhope, AL 36532 since 03 March 2015 and is currently estimated at $1,619,530, approximately $273 per square foot. This property was built in 2008. 101 Shallow Springs Cove is a home located in Baldwin County with nearby schools including Fairhope East Elementary, Fairhope Middle School, and Fairhope High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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