NOT LISTED FOR SALE

15997 Scenic Highway 98 Fairhope, AL 36532

Point Clear Neighborhood

Estimated Value: $3,016,000 - $5,521,000

4 Beds
3.5 Baths
5,500 Sq Ft
$757/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $2,566,000 $467 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $23,119/month

Highlights

  • 150 Feet of Waterfront
  • Covered Dock
  • Guest House
  • J. Larry Newton School Rated A-
  • Pier
  • Boat Lift

About This Home

As of February 2014

Waterfront Property- extensive renovation just completed on this Mediterranean Bayfront Estate. Guest house has 3 BR, living room, kitchen, 3 BAs and a sleeping loft. Entire bottom available for storage. beautiful wharf, outdoor kitchen pavillion in front. Stately live Oaks on property.

Last Agent to Sell the Property

Mary Cane

Courtney & Morris Daphne License #51964 Listed on: 02/17/2014

Last Buyer's Agent

Morgan Ashurst

Ashurst & Niemeyer LLC License #71938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,021

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 150x344x150x357
  • 150 Feet of Waterfront
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 5,500 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Formal Dining Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Pier
  • Bulkhead
  • Boat Lift
  • Covered Dock
  • Glass Enclosed
  • Front Porch

Schools

  • J Larry Newton Elementary School
  • Fairhope High School

Additional Features

  • Energy-Efficient Insulation
  • Guest House
  • Central Heating and Cooling System

Community Details

  • Zundels Tract Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5603070000027000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,021

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 150 X 400 (S) LOTS 19 & 20 ZUNDELS TRACT PB1 PG286 SEC 7-T7 S-R2E (WD - SURVIVORSHIP)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1960
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s)
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5500.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Guest House
  • Waterfront Frontage: 150
  • Construction Materials: Stucco, Wood Siding
  • Patio And Porch Features: Front Porch, Glass Enclosed
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: ZUNDELS TRACT

Lot Info

  • Lot Dimensions: 150X344X150X357
  • Parcel Number: 5603070000027000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation
  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Multi Family

  • Waterfront Features: Bay Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2015
Sold by
Rampy J Todd
Bought by
Durden David
Current Estimated Value
$4,161,718

Purchase Details

Listed on
Feb 17, 2014
Closed on
Feb 27, 2014
Sold by
Martin Ted A and Martin Alethia R
Bought by
Durden David and Durden Jennifer W
Seller's Agent
Mary Cane
Courtney & Morris Daphne
Buyer's Agent
Morgan Ashurst
Ashurst & Niemeyer LLC
Sold Price
$2,566,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$1,924,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Durden David $186,000 None Available
Durden David $2,566,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durden David $1,924,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2014 02/28/14 Sold $2,566,000 0.0% $467 / Sq Ft
02/28/2014 02/28/14 Sold $2,566,000 0.0% $467 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
01/27/2014 01/27/14 Pending -- -- --
10/25/2012 10/25/12 For Sale $2,566,000 -- $467 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $16,021 $518,260 $206,640 $311,620
2023 $13,468 $435,900 $200,640 $235,260
2022 $10,887 $352,640 $0 $0
2021 $9,793 $315,740 $0 $0
2020 $9,377 $303,920 $0 $0
2019 $8,425 $302,500 $0 $0
2018 $7,653 $274,940 $0 $0
2017 $7,326 $263,240 $0 $0
2016 $7,216 $259,320 $0 $0
2015 -- $248,280 $0 $0
2014 -- $235,840 $0 $0
2013 -- $236,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0245717

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 56-03-07-0-000-027.000