NOT LISTED FOR SALE

11482 Patch Ln Fairhope, AL 36532

Estimated Value: $242,301 - $284,000

4.67 Acres
$56,349 Price per Acre
203,425 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $225,000

Est. 17% increase in value since last sale

Current estimated payment $1,485/month

78 Days on Market

Highlights

  • 4.67 Acre Lot
  • Farm
  • Agricultural
  • J. Larry Newton School Rated A-
  • Corner Lot
  • Fenced

About This Lot

As of December 2023

4.67 Acres of mostly cleared and all level land in Fairhope!!! The Property already has a 911 address established and is located in the county. Located off of Highway 32 on the corner of Patch Ln and Phillips Pl. Phillips Pl is a dead-end street that is maintained by the county. This immaculate lot is conveniently located within 10 minutes from Walmart, Publix, Aldi, and Fish River, 15 minutes from Downtown Fairhope, and less than 40 minutes from the beach. Utilities are Baldwin EMC and the City of Fairhope provides gas and water. Baldwin County Solid Waste trash pickup is also available. Buyers will use access on Phillips Pl for egress or ingress. Buyer and Buyer's agent to verify all pertinent information.

Last Agent to Sell the Property

Chace Yamagata

Fiv Realty Co Alabama LLC Listed on: 08/27/2023

Last Buyer's Agent

Kristina Childress

Bellator Real Estate, LLC Fair

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,067

Lot Details

  • 4.67 Acre Lot
  • Lot Dimensions are 275x688x333x637
  • Property fronts a county road
  • Fenced
  • Corner Lot
  • Level Lot
  • Few Trees
  • Property is zoned Not Zoned

Schools

  • J. Larry Newton Elementary School
  • Fairhope Middle School
  • Fairhope High School

Farming

  • Farm
  • Agricultural

Utilities

  • Heating System Uses Natural Gas

Community Details

  • Cotton Patch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-07-36-0-000-008.005

Property Details

Property Type

Land

Est. Annual Taxes

$1,067

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Intersecting Street: Phillips Place
  • Mineral Rights: No Rights
  • Property Type: Land
  • Zoning Area: Not Zoned, Single Family Residence
  • Suitable Use: Agricultural, Single Family
  • Associated Document Count: 1
  • Lot Type: Corner
  • Misc Search: Fenced
  • Parcel Id Tax Id: 46-07-36-0-000-008.005
  • Geo Subdivision: AL
  • Governing Municipality: Baldwin County
  • Property Legal Description: IRR LOT 4 COTTON PATCH SUB-FAMILY DIVISION SLIDE 2275-D
  • Subdivsn Or Commnty: Cotton Patch
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 48179.87

Exterior Features

  • Water Property Type: No Waterfront
  • Road Description: County Road, Paved
  • Road Frontage: 275

Utilities

  • Utilities: Baldwin Co Sewer Service, Gas-Natural, Baldwin Emc

Condo/Co-op/Association

  • Community Amenities: Pets - Allowed

Lot Info

  • Estimated Lot Size: 4.67
  • Lot Block Unit: 4
  • Lot Description: 3-5 Acres, Corner Lot, Level, Some Trees, Farmland
  • Lot Size: 275x688x333x637
  • Number Lots: 1

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: $1067
  • Assessor Parcel Number: 281656

MLS Schools

  • Elementary School: J. Larry Newton
  • HighSchool: Fairhope High
  • Middle School: Fairhope Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Nov 29, 2023
Sold by
Tuisamatatele Bingham Lomitusi and Tuisamatatele Desi
Bought by
Childress Walter Preston and Childress Kristina Trott
Seller's Agent
Chace Yamagata
Fiv Realty Co Alabama LLC
Buyer's Agent
Kristina Childress
Bellator Real Estate, LLC Fair
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
45
Current Estimated Value
$263,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,151
Avg. Annual Appreciation
8.32%
Original Mortgage
$225,000
Outstanding Balance
$99,528
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$163,623

Purchase Details

Listed on
Jul 31, 2022
Closed on
Aug 26, 2022
Sold by
Walley Gail L
Bought by
Tuisamatatele Bingham Lomitusi and Tuisamatatele Desiree May
Seller's Agent
Patty Helton Davis
PHD Realty, LLC
Buyer's Agent
Chace Yamagata
Fiv Realty Co Alabama LLC
List Price
$210,150
Sold Price
$210,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Dec 13, 2011
Sold by
Rejczyk Martha D and Dyer Louise G
Bought by
Rejczyk Martha D and Dyer Louise G

Purchase Details

Closed on
Jun 15, 2006
Sold by
Rejczyk Martha D
Bought by
Rejczyk Martha D and Dyer Louise G
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
Childress Walter Preston $225,000 None Listed On Document
Tuisamatatele Bingham Lomitusi $210,150 None Listed On Document
Rejczyk Martha D -- None Available
Rejczyk Martha D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childress Walter Preston $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $225,000 -4.3% --
11/13/2023 11/13/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $235,000 +11.8% --
08/26/2022 08/26/22 Sold $210,150 0.0% -- View Prior Sale
08/02/2022 08/02/22 Pending -- -- --
07/31/2022 07/31/22 For Sale $210,150 -- --
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 $1,181 $37,760 $37,760 $0
2023 $1,068 $34,440 $34,440 $0
2022 $7 $220 $0 $0
2021 $7 $220 $0 $0
2020 $7 $220 $0 $0
2019 $6 $220 $0 $0
2018 $6 $220 $0 $0
2017 $6 $220 $0 $0
2016 $6 $220 $0 $0
2015 $6 $220 $0 $0
2014 $6 $220 $0 $0
2013 -- $220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 350914

Baldwin REALTORS®

APN: 46-07-36-0-000-008.005