NOT LISTED FOR SALE

114 Ornate Ave Fairhope, AL 36532

Estimated Value: $501,000 - $591,000

5 Beds
3 Baths
2,936 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $519,900 $177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,133/month

44 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Great Room with Fireplace
  • Fairhope East Elementary Rated 10
  • High Ceiling
  • Breakfast Area or Nook

About This Home

As of July 2022

This almost new home in the new Tracery subdivision is the largest in the subdivision with 5 bedrooms and 3 baths. Everything about this home feels exceptional. The kitchen features painted cabinets, granite counters with undermount sink, Samsung stainless steel appliances and a Delta pull-down sprayer faucet. The side-by-side refrigerator is less than a year old. The large walk-in pantry has custom wood shelving. In the spacious family room is a vent-less gas log fireplace with mantle and brick surround and a smart tube conduit for your TV. The primary bedroom suite is large and has lots of light. In the bath is a curb-less roll in shower and dual sinks and granite counter tops. The laundry room is oversized with large pantry type closet. Just inside from the garage is a mud bench. There are three linen closets with wood shelves. There are many upgrades to this home: Beautifully landscaped and fenced yard with a cute garden shed, blinds throughout the home, and upgraded light fixtures. This is a smart home with Schlage smart combo lock, Smart Hub, one Echo Bee thermostat, and one Ring Doorbell. Still under full builder's warranty until August 19, 2022 and structural warranty until August 19, 2031. **Seller will finance with $100,000 Down Payment, or more.** LISTING BROKER MAKES NO REPRESENTATION TO SQUARE FOOTAGE ACCURACY. BUYER TO VERIFY.

Last Agent to Sell the Property

Paula Knodel

Blue Heron Realty Listed on: 05/20/2022

Blue Heron Realty

Last Buyer's Agent

Sheila Jones

Coastal Alabama Real Estate

Coastal Alabama Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $359

Year Built

  • Built in 2021

Lot Details

  • Lot Dimensions are 80 x 142
  • Fenced

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 2,936 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Storage
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance
  • The Tracery Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 46-01-11-0-000-001.753

Home Details

Home Type

Single Family

Est. Annual Taxes

$359

Year Built

Built in 2021

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Home Warranty: Yes
  • Intersecting Street: Lawrence Road
  • Mineral Rights: No Rights
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Fenced, High Ceilings, Storage Building, Window Treatments, Porch-Back
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Craftsman
  • View: Eastern View, Western View
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 46-01-11-0-000-001.753
  • Year Built: 2021
  • Geo Subdivision: AL
  • Garage Carport Dimension: 21x21
  • Governing Municipality: Fairhope, Baldwin County
  • Living Room Group: Great Room
  • Property Legal Description: 80' X 142.3' IRR LOT 42 TRACERY A RESUBDIVISION OF LOT 3 OF THE BILLS' NO 2 SLIDE 2708-A SLIDE 2582-
  • Subdivsn Or Commnty: The Tracery
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range-Gas, Refrigerator W/Ice Maker
  • Estimated Living Area: 2936
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x12, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedroom 4: Dimensions: 12x11, On Level: Main Level
  • Bedroom 5: Dimensions: 14x11, On Level: Main Level
  • Bedrooms: 5
  • Breakfast Room: Dimensions: 11x9, On Level: Main Level
  • Dining Area: Dimensions: 12x11, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Breakfast Bar, Separate Dining Room
  • Fireplace: Gas Logs, Great Room
  • Floors: Carpet, Tile, Wood
  • Great Room: Dimensions: 22x21, On Level: Main Level
  • Kitchen: Dimensions: 14x9, On Level: Main Level
  • Master Bed: Dimensions: 17x14, On Level: Main Level
  • Number Of Fireplaces: 1
  • Other Rooms: Foyer, Living Room, Utility Room-Inside
  • Price Per Sq Ft: 177.08
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Shower Only

Exterior Features

  • Exterior Finish: Brick
  • Roof: Dimensional
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City Available, Water Heater-Electric, Fairhope Utilities, Riviera Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 525
  • Association Fees Include: Common Area Maintenance

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Description: Less Than 1 Acre
  • Lot Size: 80 x 142

Rental Info

  • More Than2 Pets Allowed: Yes
  • Rental Restricted: Yes

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 359
  • Assessor Parcel Number: 384414

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
May 20, 2022
Closed on
Jul 21, 2022
Sold by
Martin Mark J and Martin Mia A
Bought by
Sable-Hunt Alicia Lynn
Seller's Agent
Paula Knodel
Blue Heron Realty
Buyer's Agent
Sheila Jones
Coastal Alabama Real Estate
List Price
$539,000
Sold Price
$519,900
Premium/Discount to List
-$19,100
-3.54%
Current Estimated Value
$552,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,610
Avg. Annual Appreciation
1.88%
Original Mortgage
$441,915
Outstanding Balance
$420,938
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$131,573

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 23, 2021
Sold by
Fairhope Single Tax Corporation
Bought by
Martin Mark J and Martin Mia A
Seller's Agent
Derrick Payne
Bellator Real Estate, LLC
Sold Price
$403,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.86%
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 19, 2021
Sold by
Truland Homes Llc
Bought by
Martin Mark J and Martin Mia A
Seller's Agent
Derrick Payne
Bellator Real Estate, LLC
Sold Price
$403,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
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
Sable-Hunt Alicia Lynn $519,900 Hays Kevin
Martin Mark J -- None Listed On Document
Martin Mark J $403,116 Sentinel Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sable-Hunt Alicia Lynn $441,915
Previous Owner Martin Mark J $250,000
Previous Owner Martin Mark J $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $519,900 -1.0% $177 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $525,000 -0.8% $179 / Sq Ft
06/09/2022 06/09/22 Price Changed $529,000 -1.9% $180 / Sq Ft
05/20/2022 05/20/22 For Sale $539,000 +33.7% $184 / Sq Ft
08/19/2021 08/19/21 Sold $403,116 0.0% $139 / Sq Ft View Prior Sale
08/19/2021 08/19/21 Sold $403,116 -3.6% $139 / Sq Ft View Prior Sale
04/20/2021 04/20/21 Price Changed $418,116 +3.7% $145 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/19/2021 04/19/21 Pending -- -- --
02/19/2021 02/19/21 Price Changed $403,116 +0.2% $139 / Sq Ft
02/18/2021 02/18/21 Price Changed $402,341 -0.6% $139 / Sq Ft
11/02/2020 11/02/20 Price Changed $404,806 +1.4% $140 / Sq Ft
11/01/2020 11/01/20 For Sale $399,405 -- $138 / 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 $2,198 $48,760 $7,500 $41,260
2023 $2,337 $51,780 $7,420 $44,360
2022 $359 $41,200 $0 $0
2021 $359 $40,620 $0 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 331040

Baldwin REALTORS®

APN: 46-01-11-0-000-001.753