NOT LISTED FOR SALE

111 Magnolia Ave Fairhope, AL 36532

Estimated Value: $1,918,000 - $2,224,000

4 Beds
4 Baths
4,689 Sq Ft
$439/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $1,300,000 $277 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,546/month

About This Home

Masterful design and modern luxury are evident in this carefully crafted home built in 2016. This home is one of Fairhope's premier residences. Nestled between downtown Fairhope and Mobile Bay. Features include 2 beautifully appointed master bedroom suites and a detached, fully equipped 714 sf guest house overlooking an entertainment haven with huge outdoor kitchen, custom pool and spa area surrounded by lush landscaping. Some of the many custom upgrades include Wolf Sub-Zero appliances, hardwood and split brick floors, 3 balconies, outdoor wood burning fireplace and high end finishes throughout.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 15, 2018
Sold by
Beck John W and Beck Leslie E
Bought by
Ou Xian Chu and Qiu Xiu Yun
Seller's Agent
Staci Niemeyer
Ashurst & Niemeyer LLC
Sold Price
$1,300,000
Current Estimated Value
$2,057,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,864
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,103,700
Outstanding Balance
$661,882
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,395,982

Purchase Details

Closed on
May 28, 2014
Sold by
Mccown Eugenia H
Bought by
Beck John W and Beck Leslie E

Purchase Details

Closed on
Jul 6, 2009
Sold by
Loudermilch C Wayne and Loudermilch Wayne Loudermilch Fairhope Q
Bought by
Mccown Eugenia Hood

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
5.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ou Xian Chu $195,500 None Available
Beck John W $425,000 None Available
Mccown Eugenia Hood -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Xian Chu $1,103,700
Previous Owner Mccown Eugenia Hood $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $1,300,000 0.0% $277 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Sold $1,300,000 -10.3% $277 / Sq Ft View Prior Sale
05/04/2018 05/04/18 Pending -- -- --
05/04/2018 05/04/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $1,449,000 -8.0% $309 / Sq Ft
12/05/2017 12/05/17 For Sale $1,574,900 -- $336 / Sq Ft

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 $9,305 $203,260 $49,100 $154,160
2023 $8,070 $176,420 $48,320 $128,100
2022 $6,787 $148,520 $0 $0
2021 $5,820 $126,520 $0 $0
2020 $0 $120,920 $0 $0
2019 $0 $118,880 $0 $0
2018 $4,809 $112,880 $0 $0
2017 $4,516 $105,020 $0 $0
2016 $3,503 $81,460 $0 $0
2015 -- $88,000 $0 $0
2014 -- $28,800 $0 $0
2013 -- $30,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Staci Niemeyer

    Seller's Agent in 2018

    Staci Niemeyer

    Ashurst & Niemeyer LLC

    (251) 510-4315

    46 in this area

    102 Total Sales

    Staci Niemeyer
    Section Image
  • Terryl Reeves

    Buyer's Agent in 2018

    Terryl Reeves

    Bellator Real Estate, LLC Fair

    (251) 209-7484

    59 in this area

    112 Total Sales

    Terryl Reeves
    Section Image
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Map

Alabama Baldwin County Fairhope 36532

111 Magnolia Ave, Fairhope, AL

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