NOT LISTED FOR SALE

11 Downtown Founders Ln Unit 11 Fairhope, AL 36532

Estimated Value: $1,032,000 - $1,206,424

3 Beds
2.5 Baths
2,146 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $980,000 $457 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,276/month

5 Days on Market

Highlights

  • Cabana
  • Gated Community
  • Wood Flooring
  • Fairhope West Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of September 2023

Are you ready to experience the epitome of luxurious and convenient living? Look no further than the exquisite townhome nestled in the coveted gated community of Founders Square, right in the heart of downtown Fairhope. Imagine having the entire town at your doorstep and enjoying the comfort of your own elegant oasis. Step into your townhome and be greeted by high ceilings that lend an air of grandeur to every room. The solid tall wood doors exude timeless charm and craftsmanship, making you feel instantly at home. Sunlight dances through the windows, illuminating the pine flooring that flows throughout the home. For those who relish the culinary arts, this townhome's gourmet kitchen is a dream come true. Equipped with top-of-the-line Thermador appliances, meal preparation becomes a joy. Granite countertops offer both durability and elegance, creating a space that's as functional as it is beautiful. In Founders Square, you’re not just buying a town home, you’re embracing a lifestyle that’s the envy of many. Stroll along Fairhope’s charming streets, attend local events and be a part of a vibrant community that truly represents the spirit of Fairhope.

Last Agent to Sell the Property

Knox McMurphy

Ashurst & Niemeyer LLC Listed on: 08/24/2023

Last Buyer's Agent

Knox McMurphy

Ashurst & Niemeyer LLC Listed on: 08/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,482

Year Built

  • Built in 2009

Lot Details

  • 1,917 Sq Ft Lot
  • Landscaped
  • Zero Lot Line

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Ridge Vents on the Roof
  • Metal Roof
  • Wood Siding
  • Concrete Fiber Board Siding
  • Hardboard

Interior Spaces

  • 2,146 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Open Floorplan
  • Utility Room
  • Stacked Washer and Dryer
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Cabana
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-602-006.015

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, taxes-common area, pool
  • Founders Square Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Security

  • Gated Community
  • Fenced Storage

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,482

Year Built

Built in 2009

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: S. Section Street
  • Mineral Rights: No Rights
  • Property Amenities: Automatic Garage Door, Cabana, Ceiling Fan(s), Covered Patio, Fenced Storage, High Ceilings, Internet, Porch-Open, Security System, Split Bedroom Plan, Termite Contract, Vaulted Ceiling, Wet Bar
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Southern View
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 46-03-37-0-602-006.015
  • Year Built: 2009
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope
  • Living Room Group: Living Room
  • Property Legal Description: 32.2' X 50.6' IRR LOT 14 REPLAT OF FOUNDER'S SQUARE SUB SLID E 2528-B & RE-PLAT 2529-B IN CITY OF FA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Gas, Refrigerator, Smoke Detector, Stack Washer/Dryer, Cooktop
  • Estimated Living Area: 2146
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x17, On Level: Main Level
  • Bedroom 3: Dimensions: 12x10, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 14x9, On Level: 2
  • Dining Area Type: Breakfast Bar, Dining/Kitchen Combo, Lvg/Dng/Ktchn Combo
  • Fireplace: Gas Logs, Living Room, Gas Start
  • Floors: Carpet, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13x12, On Level: 2
  • Living Room: Dimensions: 14x22, On Level: 2
  • Master Bed: Dimensions: 14x14, On Level: 2
  • Number Of Fireplaces: 1
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 456.66
  • Property Interior Stories: 2
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Separate Shower, Walk In Closet, Other - See Remarks

Exterior Features

  • Exterior Finish: Concrete Board, Wood, Hardboard
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage, Condo: Assigned Parking

Utilities

  • Heat Cooling: Central Electric, Central Heat, Zoned
  • Utilities: Baldwin Co Sewer Service, Cable Tv, Gas-Natural, Sewage-City, Water-City, Fairhope Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 150
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Taxes-Common Area, Pool
  • Community Amenities: Bbq Area, Landscaping, Pets - Allowed, Gated
  • Condo Building Stories: 2
  • Condo Complex: Founders Square

Lot Info

  • Estimated Lot Size: 0.044
  • Lot Block Unit: 14
  • Lot Description: Zero Lot Line

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Ridge Vent

Tax Info

  • Property Taxes: 2482.14
  • Assessor Parcel Number: 304754

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 29, 2023
Sold by
Oconnor Michael L and Oconnor Susan F
Bought by
Ohara Bronwyn Chastine
Seller's Agent
Knox McMurphy
Ashurst & Niemeyer LLC
Buyer's Agent
Knox McMurphy
Ashurst & Niemeyer LLC
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
66
Current Estimated Value
$1,108,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,606
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
May 7, 2009
Sold by
Colony Square Llc
Bought by
Oconnor Michael L and Oconnor Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ohara Bronwyn Chastine $980,000 None Listed On Document
Oconnor Michael L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnor Michael L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $980,000 -1.5% $457 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $995,000 -- $464 / Sq Ft
Source: Baldwin 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 $3,876 $98,620 $21,700 $76,920
2023 $3,327 $84,720 $21,360 $63,360
2022 $2,773 $70,680 $0 $0
2021 $2,482 $63,960 $0 $0
2020 $2,366 $60,380 $0 $0
2019 $2,536 $58,980 $0 $0
2018 $2,453 $57,040 $0 $0
2017 $2,246 $52,240 $0 $0
2016 $1,878 $43,680 $0 $0
2015 $1,691 $39,320 $0 $0
2014 $3,199 $74,400 $0 $0
2013 -- $74,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 350799

Baldwin REALTORS®

APN: 46-03-37-0-602-006.015