NOT LISTED FOR SALE

116 Wedge Loop Unit IIA Fairhope, AL 36532

Estimated Value: $471,000 - $492,329

3 Beds
2.5 Baths
2,242 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $485,000 $216 Per Sq Ft

Current estimated payment $2,703/month

25 Days on Market

Highlights

  • Contemporary Architecture
  • High Ceiling
  • Screened Porch
  • J. Larry Newton School Rated A-
  • Combination Kitchen and Living
  • Community Pool

About This Home

As of July 2024

A beautifully appointed and well-maintained awaits you on 116 Wedge Loop. Flooring credit given at closing with an approved offer. As you enter the gorgeous, landscaped carriage driveway you will notice the care and detail that has been put into this stunning and classic residence. Classic elegance, meticulously engineered, and secret garden are a few words that come to mind upon entering. Light, bright open spaces in the main living area with custom built-ins and gorgeous cabinetry would make entertaining easy with 3 French doors that open onto a large, screened porch. Ambling throughout the house are details sought-after but seldom achieved. A large bedroom upon entering has custom built-ins and is being used as an office. The large primary suite is well appointed with an ensuite custom tiled shower, double vanity and separate water closet. The walk-in closet is generous, and the primary bedroom has a couple of other organizational closets as well. Guests will be able maintain their own privacy in the well-thought-out guest suite. The guest bedroom has access to the screened porch too so everyone can enjoy this extra living space at their own leisure. The kitchen is refined with custom drawer cabinetry, a chef’s design, and lots of counter space to easily work with others. There is a powder room off the kitchen for guests and a laundry room with sink and custom cabinetry. The garage is a tinkerers paradise with epoxy floors and a staircase up to a completely floored attic, a must-see. Whole house generator, Honeywell Air cleaner, new irrigation system and controller on its own updated well, new electric tankless oversized hot water heater are additions to this property you must see to believe. Call your favorite realtor today. All information provided is deemed reliable but not guaranteed. Buyer or buyer’s agent to verify all information. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Brandi Fulford

Coldwell Banker Reehl Prop Fairhope Listed on: 06/07/2024

Coldwell Banker Reehl Prop Fairhope

Last Buyer's Agent

Renee Marshall

EXIT Realty Lyon & Assoc.Fhope

EXIT Realty Lyon & Assoc.Fhope

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 2006

Lot Details

  • 0.42 Acre Lot
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 2,242 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Living
  • Screened Porch
  • Termite Clearance
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Private Water Closet
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Side or Rear Entrance to Parking
  • Automatic Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Floor Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 110 / 110
  • Assessor Parcel Number 4606230000004.133

Community Details

Overview

  • Association fees include management, common area insurance, ground maintenance

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,733

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • View: Eastern View
  • Parcel Number: 4606230000004.133
  • Year Built: 2006
  • Property Sub-Type: Contemporary
  • ResoCommunityFeatures: Pool - Outdoor, Tennis Court(s)
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Subdivision
  • Lot Size Acres: 0.421
  • Co List Office Phone: 251-990-6622
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Quail Creek Estates
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Appraiser
  • Carport Y N: No
  • Reso Fireplace Features: Electric
  • Reso Interior Features: Other Rooms (See Remarks), Ceiling Fan(s), En-Suite, High Ceilings, Split Bedroom Plan
  • Unit Levels: One
  • Living Area: 2242
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • Reso Window Features: Window Treatments, Double Pane Windows
  • ResoBuildingAreaSource: Appraiser
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Wine Cooler, Cooktop, Tankless Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Dining Room Features: Breakfast Area-Kitchen, Lvg/Dng/Ktchn Combo
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: 1st Floor Primary
  • Room Family Room Level: Main
  • Master Bathroom Features: Shower Only, Private Water Closet

Exterior Features

  • Roof: Dimensional
  • Waterfront: No
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: No Waterfront
  • Home Warranty: Yes
  • Construction Type: Brick
  • Direction Faces: East
  • Exterior Features: Irrigation Sprinkler, Termite Contract
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch-Screened, Rear Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Attached, Double Garage, Side Entrance, Automatic Garage Door

Utilities

  • Utilities: Fairhope Utilities
  • Cooling: Ceiling Fan(s)
  • Heating: Electric, Floor Furnace
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Area Insurance, Maintenance Grounds

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 224 x 90 IRR
  • Lot Size Sq Ft: 18338.76
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1733.22
  • Tax Block: 110
  • Tax Lot: 110

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 26, 2024
Sold by
James Pete Leonard Jr Living Trust and Leroy Renee
Bought by
Irene A Meehan Revocable Trust and Meehan
Seller's Agent
Brandi Fulford
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
Renee Marshall
EXIT Realty Lyon & Assoc.Fhope
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
73
Current Estimated Value
$486,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,082
Avg. Annual Appreciation
0.16%

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 29, 2022
Sold by
Bensman Living Trust
Bought by
James Pete Leonard Jr Living Trust and Leonard
Seller's Agent
Kimberly Melton
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
Baldwin House Hu Team
McAleer Real Estate
List Price
$462,500
Sold Price
$456,500
Premium/Discount to List
-$6,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%

Purchase Details

Closed on
Nov 26, 2008
Sold by
Bensman Richard C and Bensman Pauline S
Bought by
Bensman Richard C and Bensman Pauline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
2.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Irene A Meehan Revocable Trust $485,000 None Listed On Document
James Pete Leonard Jr Living Trust $456,500 None Listed On Document
James Pete Leonard Jr Living Trust $456,500 None Listed On Document
Bensman Richard C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bensman Richard C $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $485,000 -2.0% $216 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $495,000 +8.4% $221 / Sq Ft
10/03/2022 10/03/22 Sold $456,500 -1.3% $200 / Sq Ft View Prior Sale
09/08/2022 09/08/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $462,500 -- $202 / 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 $1,733 $44,360 $7,660 $36,700
2023 $1,414 $36,280 $6,460 $29,820
2022 $0 $30,580 $0 $0
2021 $0 $27,720 $0 $0
2020 $0 $27,320 $0 $0
2019 $0 $26,260 $0 $0
2018 $0 $24,840 $0 $0
2017 $0 $23,920 $0 $0
2016 $0 $24,120 $0 $0
2015 -- $23,160 $0 $0
2014 -- $21,600 $0 $0
2013 -- $21,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 363406

Baldwin REALTORS®

APN: 46-06-23-0-000-004.133