NOT LISTED FOR SALE

154 N Bancroft St Fairhope, AL 36532

Estimated Value: $753,927 - $813,000

4 Beds
2 Baths
1,289 Sq Ft
$611/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $599,000 $465 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,762/month

157 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Covered Patio or Porch
  • Fairhope West Elementary School Rated A-
  • Cottage
  • 1 Car Attached Garage

About This Home

As of April 2021

In the heart of downtown Fairhope sits a quaint 4 bedroom, 2 bath cottage with a garage and plenty of room for a potential guest house above the garage. Located in the General Business District and zoned B-2 this cottage is located within walking distance to everything Fairhope; restaurants, The Mill, Library, Art Center, Boutiques, McSharry's Pub, Shopping and the Mobile Bay for fabulous sunsets. This home is currently a vacation rental but could easily be your full time or seasonal residence, office space, Dr. office, etc... this cottage offers unlimited potential. The space has been updated and has 2 great living areas, chef's kitchen, den, and laundry facilities all in this open concept space allowing you plenty of room to sit, enjoy time together and don't forget sitting on the front porch during our wonderful fall evenings. If you love being in a prime location, in the heart of Fairhope, this home is a must see! Seller is a licensed real estate agent.

Last Agent to Sell the Property

SANDY WISE, IV

Wise Living Real Estate, LLC Listed on: 10/02/2020

Last Buyer's Agent

SANDY WISE, IV

Wise Living Real Estate, LLC Listed on: 10/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 66' x 132'
  • Level Lot
  • Few Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-007-069.503

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Cable, Ceiling Fan(s), Covered Patio, Guest Cottage, En-Suite, Internet, Porch-Open, Patio, Storage-In, Porch-Front
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Parcel Id Tax Id: 46-03-37-0-007-069.503
  • Year Built: 1960
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Range-Gas, Refrigerator, Washer
  • Estimated Living Area: 1289
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10x10, On Level: Main Level
  • Bedroom 3: Dimensions: 10x10, On Level: Main Level
  • Bedroom 4: Dimensions: 12x16, On Level: Main Level
  • Bedrooms: 4
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Wood
  • Kitchen: Dimensions: 12x10, On Level: Main Level
  • Living Room: Dimensions: 20x15, On Level: Main Level
  • Master Bed: Dimensions: 12x15, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, 1st Floor Master
  • Other Rooms: Family Room, Living Room
  • Price Per Sq Ft: 464.7
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Number Of Garage Spaces: 1
  • Garage Parking: Attached, Single Garage

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Gas-Natural, Sewage-City, Water-City, Fairhope Utilities

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 2
  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Lot Size: 66' x 132'
  • Number Lots: 1

Rental Info

  • Furnished: Negotiable
  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 2646.22
  • Assessor Parcel Number: 15158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 3, 2021
Sold by
Wise Properties Llc
Bought by
Prewett Russell
Seller's Agent
SANDY WISE, IV
Wise Living Real Estate, LLC
Buyer's Agent
SANDY WISE, IV
Wise Living Real Estate, LLC
List Price
$619,000
Sold Price
$599,000
Premium/Discount to List
-$20,000
-3.23%
Current Estimated Value
$787,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,232
Avg. Annual Appreciation
6.48%
Original Mortgage
$539,000
Outstanding Balance
$488,755
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$298,477

Purchase Details

Closed on
Mar 29, 2017
Sold by
Redlich Richard and Redlich Richard E
Bought by
Wise 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
$276,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2013
Sold by
Redlich Richard
Bought by
Redlich Richard
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
Prewett Russell $599,000 None Available
Wise Properties Llc $69,000 None Available
Redlich Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prewett Russell $539,000
Previous Owner Wise Properties Llc $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $599,000 0.0% $465 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $599,000 -3.2% $465 / Sq Ft
10/02/2020 10/02/20 For Sale $619,000 -- $480 / 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 $5,764 $125,300 $87,980 $37,320
2023 $5,769 $125,420 $93,300 $32,120
2022 $4,999 $108,680 $0 $0
2021 $4,326 $94,040 $0 $0
2020 $0 $86,200 $0 $0
2019 $0 $61,540 $0 $0
2018 $2,574 $59,860 $0 $0
2017 $1,263 $29,380 $0 $0
2016 $874 $20,320 $0 $0
2015 -- $20,420 $0 $0
2014 -- $19,880 $0 $0
2013 -- $19,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 304613

Baldwin REALTORS®

APN: 46-03-37-0-007-069.503