NOT LISTED FOR SALE

10947 County Road 1 Unit 46 Fairhope, AL 36532

Estimated Value: $1,004,000 - $1,192,634

0.32 Acre
$3,476,278 Price per Acre
13,939 Sq Ft Lot

Last Sold August 31, 2012

Last sale price $188,500

Est. 443% increase in value since last sale

Current estimated payment $5,827/month

Highlights

  • 50 Feet of Waterfront
  • J. Larry Newton School Rated A-
  • Level Lot

About This Lot

As of August 2012

Nice and dry 50' Lot on Mobile Bay. Build your dream bay cottage on this improved lot. City sewer already in place, pier, wharf, concrete drive, Southwest sunset view.

Last Agent to Sell the Property

Judy Niemeyer

Ashurst & Niemeyer LLC License #13367 Listed on: 03/26/2012

Last Buyer's Agent

Tamatha McElmurry

RE/MAX BY THE BAY FAIRHOPE License #56762

RE/MAX BY THE BAY FAIRHOPE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,024

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50x283
  • 50 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Unincorporated Location
  • Level Lot
  • Property is zoned R1

Schools

  • Fairhope East Elementary School
  • Fairhope Middle School
  • Fairhope High School

Community Details

  • Sandy Beach Parkway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5902030000057000

Property Details

Property Type

Land

Est. Annual Taxes

$3,024

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 50X300 SANDY BEACH PARKWAY 1 UNTI 1 LOT 46 PB3 PG86 (VL-DEE D-SURVIVORSHIP)
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • Waterfront Frontage: 50
  • Pool Private: No

Condo/Co-op/Association

  • Subdivision Complex: SANDY BEACH PARKWAY

Schools

  • Elementary School: Fairhope East
  • Middle School: Fairhope
  • High School: Fairhope

Lot Info

  • Acres: 0.3200
  • Possible Use: Residential
  • Current Zoning: R1
  • Current Use: Residential
  • Lot Features: Level, Unincorporated
  • Lot Dimensions: 50X283
  • Parcel Number: 5902030000057000
  • Price Acre Dollar: 589062.50
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 59-02-03-0-000-057.000
  • Close Date: 2012-08-31

Multi Family

  • Waterfront Features: Bay Front

MLS Schools

  • Elementary School: Fairhope East
  • High School: Fairhope
  • Middle School: Fairhope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2012
Closed on
Aug 31, 2012
Sold by
Northcutt Clara H
Bought by
Hunchey William Byron and Hinchey Sandy Lyn
Seller's Agent
Judy Niemeyer
Ashurst & Niemeyer LLC
Buyer's Agent
Tamatha McElmurry
RE/MAX BY THE BAY FAIRHOPE
Sold Price
$188,500
Current Estimated Value
$1,023,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,604
Avg. Annual Appreciation
14.17%
Original Mortgage
$427,975
Interest Rate
3.53%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Hinchey William Byron and Hinchey Sandy Lyn
Bought by
Speed Jon D and Speed Genna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Hunchey William Byron $188,500 None Available
Speed Jon D $605,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speed Jon D $348,800
Previous Owner Hinchey William Byron $412,000
Previous Owner Hunchey William Byron $427,975
Previous Owner Speed Jon D $380,000
Previous Owner Northcutt Clara H $100,000
Previous Owner Northcutt Clara H $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $188,500 -- --
03/26/2012 03/26/12 Pending -- -- --
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 $3,024 $97,560 $25,260 $72,300
2023 $2,686 $86,660 $23,960 $62,700
2022 $2,182 $70,380 $0 $0
2021 $1,956 $62,400 $0 $0
2020 $1,847 $119,140 $0 $0
2019 $2,819 $100,680 $0 $0
2018 $1,300 $48,020 $0 $0
2017 $1,389 $51,220 $0 $0
2016 $1,343 $49,580 $0 $0
2015 -- $44,780 $0 $0
2014 -- $45,100 $0 $0
2013 -- $34,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 0237121

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 59-02-03-0-000-057.000