NOT LISTED FOR SALE

118 Laurel Ave Fairhope, AL 36532

Estimated Value: $1,152,000 - $1,333,000

4 Beds
3.5 Baths
2,937 Sq Ft
$431/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $1,200,000 $409 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,029/month

12 Days on Market

Highlights

  • Access to Bay or Harbor
  • Bay View
  • Creole Architecture
  • Fairhope West Elementary School Rated A-
  • Heavily Wooded Lot
  • Wood Flooring

About This Home

As of May 2023

Located 3 blocks from the Bay. This charming well-maintained custom-built residence is situated on a nicely landscaped lot designed for minimal maintenance and shaded by mature oaks. Gas lights illuminate the front entry. Large wrap around front and side covered porches overlooks grounds and newly enclosed 34 x 8 rear sunroom porch opens to tranquil backyard with brick walkways. Vintage fountain and 18 x 9 Arbor covered brick patio. Well-appointed interior with 10' ceilings throughout. The 1st level and cathedral ceiling in the living room with fireplace and wet bar. Extensive oak flooring. Plantation shutters. Breakfast bar in addition to formal and informal dining areas. Designer kitchen with stainless steel appliances, gas cooktop, double ovens, deep drawer storage, brick floors, 2 pantries, cabinets to ceilings lighted with glass fronts. 1st level 4th bedroom possible guest or mother-in-law suite with full bath conveniently located to rear courtyard entry. Newly added HVAC systems, security system, irrigation system, new roof 2020 and whole house generator.

Last Agent to Sell the Property

Nancy Weltlich

Ashurst & Niemeyer LLC Listed on: 03/22/2023

Last Buyer's Agent

Sondra Blackwell

Blackwell Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 2003

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 95 x 150
  • Partially Fenced Property
  • Heavily Wooded Lot

Property Views

  • Bay
  • Woods

Home Design

  • Creole Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,937 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Utility Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Home Security

  • Security Lights
  • Termite Clearance

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Access to Bay or Harbor
  • Wrap Around Porch

Schools

  • Fairhope West Elementary School
  • Fairhope Middle School
  • Fairhope High School

Utilities

  • Central Heating and Cooling System
  • SEER Rated 16+ Air Conditioning Units
  • Underground Utilities
  • Power Generator
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Magnolia Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-013-080.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,718

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Piers, Fortified Roof
  • Construction Status: Resale
  • Flood Zone: X,AE
  • Mineral Rights: Unknown
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), Partially Fenced, High Ceilings, Irrigation Sprinkler, Porch-Open, Security Lighting, Split Bedroom Plan, Storage-In, Termite Contract, Wet Bar, Window Treatments, Porch-Back, Porch-Front, Porch-Wrap
  • Property Type: Residential Detached
  • Style: Creole
  • View: Northern View, Indirect Bay-Across Rd, Wooded
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 46-03-37-0-013-080.000
  • Year Built: 2003
  • Geo Subdivision: AL
  • Garage Carport Dimension: 21x23
  • Governing Municipality: Fairhope, Baldwin County
  • Living Room Group: Great Room
  • Property Legal Description: 95' X 150' E 35' OF LOT 5 & ALL OF LOT 6 BLK 19 OF MAGNOLIA BEACH SUB MS1 PG331 IN THE CITY OF FAIRH
  • Subdivsn Or Commnty: Magnolia Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Range-Gas, Refrigerator W/Ice Maker
  • Estimated Living Area: 2937
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 17x13, On Level: Main Level
  • Bedroom 3: Dimensions: 15x12, On Level: 2
  • Bedroom 4: Dimensions: 15x12, On Level: 2
  • Bedrooms: 4
  • Breakfast Room: Dimensions: 12x8, On Level: Main Level
  • Dining Area: Dimensions: 13x12, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Breakfast Bar, Breakfast Room, Separate Dining Room
  • Fireplace: Gas Logs, Great Room
  • Floors: Split Brick, Tile, Wood
  • Great Room: Dimensions: 19x18, On Level: Main Level
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 15x12, On Level: Main Level
  • Master Bed: Dimensions: 16x14, On Level: Main Level
  • Number Of Fireplaces: 1
  • Other Room: Dimensions: 33x8, On Level: Main Level
  • Other Rooms: Foyer, Sun Room, Utility Room-Inside
  • Price Per Sq Ft: 408.58
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, 1st Floor Primary, Multiple Walk in Closets, Walk In Closet

Exterior Features

  • Exterior Finish: Hardboard
  • Roof: Composition Shingle
  • Water Property Type: Bay Access (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Garage Spaces: 2
  • Garage Parking: Detached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Underground Utilities, Water Heater-Tankless, Water-City, Fairhope Utilities, Generator Built In

Schools

  • Elementary School: Fairhope West Elementary
  • Middle School: Fairhope Middle
  • High School: Fairhope High

Lot Info

  • Estimated Lot Size: 0.35
  • Lot Description: Heavily Wooded Lot
  • Lot Size: 95 x 150
  • Multiple Lots: Yes

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Hvac (SEER 16+), Ridge Vent, Tankless Water Heater

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 2717.68
  • Assessor Parcel Number: 37621

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 10, 2023
Sold by
Ruch Walter A
Bought by
Nolan Robert C
Seller's Agent
Nancy Weltlich
Ashurst & Niemeyer LLC
Buyer's Agent
Sondra Blackwell
Blackwell Realty, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
64
Current Estimated Value
$1,266,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,796
Avg. Annual Appreciation
2.23%

Purchase Details

Listed on
May 8, 2020
Closed on
Aug 20, 2020
Sold by
Scruggs Virginia Dean and Scruggs Virginia Dean
Bought by
Ruch Walter A and Ruch Carol H
Seller's Agent
Robert Allsman
RE/MAX By The Bay
Buyer's Agent
Lorena Gregorius
Roberts Brothers Eastern Shore
List Price
$744,800
Sold Price
$720,000
Premium/Discount to List
-$24,800
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%

Purchase Details

Closed on
Jul 16, 2013
Sold by
Scruggs R David and Scruggs Virginia Dean
Bought by
Scruggs R David and R David Scruggs Revocable Trust

Purchase Details

Closed on
Apr 3, 2013
Sold by
Scruggs R David
Bought by
Scruggs R David and Scruggs Virginia Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nolan Robert C $1,200,000 None Listed On Document
Ruch Walter A $720,000 None Available
Scruggs R David -- None Available
Scruggs Virginia Dean -- None Available
Scruggs R David $367,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scruggs R David $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $1,200,000 -4.0% $409 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $1,250,000 +73.6% $426 / Sq Ft
08/20/2020 08/20/20 Sold $720,000 -3.3% $284 / Sq Ft View Prior Sale
06/05/2020 06/05/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $744,800 -- $294 / 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 $4,633 $100,720 $46,880 $53,840
2023 $4,210 $91,520 $46,120 $45,400
2022 $0 $75,640 $0 $0
2021 $0 $63,580 $0 $0
2020 $2,718 $59,080 $0 $0
2019 $2,511 $58,400 $0 $0
2018 $2,316 $53,860 $0 $0
2017 $2,194 $51,020 $0 $0
2016 $2,212 $51,440 $0 $0
2015 -- $42,080 $0 $0
2014 -- $40,340 $0 $0
2013 -- $36,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 343396

Baldwin REALTORS®

APN: 46-03-37-0-013-080.000