NOT LISTED FOR SALE

118 Spring Dr Fairhope, AL 36532

Estimated Value: $507,626 - $542,000

3 Beds
2.5 Baths
1,874 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $425,000 $227 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,939/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Views
  • Fairhope West Elementary School Rated A-
  • Rear Porch
  • Living Room

About This Home

As of March 2022

Charming ranch style home now available in Downtown Fairhope just minutes away from the Fairhope Pier and a short walk to Fairhope West Elementary School. Situated on a quarter of an acre lot with a partially fenced back yard complimented by mature camellia bushes, an orange tree and a magnolia tree. This recently remodeled home features 3 spacious bedrooms, 2.5 bathrooms and offers fresh neutral paint, beautiful LVP flooring throughout and updated lighting. A large 2 car garage offers plenty of space for your automobiles or a street legal golf cart for your rides into town. Stay cool in the summer and warm in the winter with the recently replaced 14 Seer, 3-ton heat pump complete with a transferrable parts warranty good until 1/2025. New roof put on in 2021. This move in ready home in the heart of Fairhope is one that you don't want to miss!

Last Agent to Sell the Property

Renee Marshall

EXIT Realty Lyon & Assoc.Fhope Listed on: 02/25/2022

EXIT Realty Lyon & Assoc.Fhope

Last Buyer's Agent

Dawn Beasley

Bellator Real Estate, LLC Fair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1989

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100 x 120
  • Partially Fenced Property
  • Level Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room
  • Vinyl Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • SEER Rated 14+ Air Conditioning Units
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Fairwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-007-043.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: Ronforth Street
  • Mineral Rights: Unknown
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), En-Suite, Partially Fenced, Porch-Open, Vaulted Ceiling, Porch-Back
  • Property Type: Residential Detached
  • Style: Ranch
  • View: Western View
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 46-03-37-0-007-043.004
  • Year Built: 1989
  • Geo Subdivision: AL
  • Garage Carport Dimension: 21.8 x 20
  • Governing Municipality: Fairhope
  • Living Room Group: Living Room
  • Subdivsn Or Commnty: Fairwood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range-Electric
  • Estimated Living Area: 1874
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11 x 12, On Level: Main Level
  • Bedroom 3: Dimensions: 12.5 x 11, On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 10.10 x 12, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Separate Dining Room
  • Fireplace: No Fireplace
  • Floors: Vinyl
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 20.2 x 10, On Level: Main Level
  • Living Room: Dimensions: 17.11 x 19, On Level: Main Level
  • Master Bed: Dimensions: 14.9 x 14, On Level: Main Level
  • Other Rooms: Foyer, Living Room, Utility Room-Inside
  • Price Per Sq Ft: 226.79
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Shower Only, 1st Floor Primary

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

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

Utilities

  • Heat Cooling: Central Electric, Heat Pump
  • Utilities: Sewage-City, Total Electric, Water Heater-Electric, Water-City, Fairhope Utilities

Lot Info

  • Estimated Lot Size: 0.27
  • Lot Block Unit: S-18/3
  • Lot Description: Less Than 1 Acre, Level, Some Trees, Subdivision
  • Lot Size: 100 x 120

Green Features

  • Energy Saving Features: Ceiling Fan(s), Seer 14

Tax Info

  • Property Taxes: 2497.80
  • Assessor Parcel Number: 16024

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
Feb 25, 2022
Closed on
Mar 31, 2022
Sold by
Sash Properties Llc
Bought by
Tracht Jessica Marie and Griffith Edward Wells
Seller's Agent
Renee Marshall
EXIT Realty Lyon & Assoc.Fhope
Buyer's Agent
Dawn Beasley
Bellator Real Estate, LLC Fair
List Price
$380,000
Sold Price
$425,000
Premium/Discount to List
$45,000
11.84%
Current Estimated Value
$521,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,407
Avg. Annual Appreciation
5.79%
Original Mortgage
$403,750
Outstanding Balance
$377,907
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$143,500

Purchase Details

Closed on
Feb 22, 2011
Sold by
Regions Bank
Bought by
Sash Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Patton Ruth Buchak and Patton Leonard
Bought by
Traczewitz O G and Traczewitz Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2005
Sold by
Greenspan Theodore L
Bought by
Patton Ruth Buchak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tracht Jessica Marie $425,000 None Listed On Document
Sash Properties Llc $159,000 Gtc
Traczewitz O G -- None Available
Patton Ruth Buchak -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracht Jessica Marie $403,750
Previous Owner Sash Properties Llc $85,000
Previous Owner Traczewitz O G $289,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $425,000 +11.8% $227 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $380,000 -- $203 / 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 $2,297 $49,940 $19,180 $30,760
2023 $4,291 $93,280 $40,660 $52,620
2022 $3,209 $69,760 $0 $0
2021 $2,810 $62,740 $0 $0
2020 $2,498 $54,300 $0 $0
2019 $2,241 $52,120 $0 $0
2018 $2,018 $46,940 $0 $0
2017 $1,926 $44,800 $0 $0
2016 $1,786 $41,540 $0 $0
2015 $1,729 $40,160 $0 $0
2014 $1,514 $35,120 $0 $0
2013 -- $34,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 326633

Baldwin REALTORS®

APN: 46-03-37-0-007-043.004