NOT LISTED FOR SALE

162 Laraway Ln Fairhope, AL 36532

Estimated Value: $547,000 - $624,000

3 Beds
2 Baths
1,650 Sq Ft
$351/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $490,000 $297 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,223/month

96 Days on Market

Highlights

  • Cottage
  • Covered Patio or Porch
  • En-Suite Primary Bedroom
  • Fairhope West Elementary School Rated A-
  • Attached Garage
  • Central Air

About This Home

As of January 2022

Newly updated home with garage in walking distance to downtown Fairhope. Screened porch. Wonderful neighborhood. Fenced. Owner is Licensed Real Estate Agent in the State of Alabama.

Last Agent to Sell the Property

Anil Vira

Cortright & Company Listed on: 07/29/2021

Last Buyer's Agent

Annalee Bright

RE/MAX Paradise License #118793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 90x120
  • Fenced
  • Level Lot

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Schools

  • Fairhope Intermediate

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-008-090.505

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: Morphy Ave
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), Covered Patio, Fenced
  • Property Type: Residential Detached
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 46-03-37-0-008-090.505
  • Year Built: 1975
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Icemaker, Range-Gas, Refrigerator
  • Estimated Living Area: 1650
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x14, On Level: Main Level
  • Bedroom 3: Dimensions: 12x12, On Level: Main Level
  • Bedrooms: 3
  • Floors: Laminate
  • Great Room: Dimensions: 14x20, On Level: Main Level
  • Kitchen: Dimensions: 14x20, On Level: Main Level
  • Master Bed: Dimensions: 14x16, On Level: Main Level
  • Primary Bedroom Bathroom: 1st Floor Master, Tub/Shower Combo
  • Price Per Sq Ft: 296.97
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Brick, Wood
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Single Garage

Utilities

  • Heat Cooling: Central Electric (Cool)
  • Utilities: Cable Tv, Fairhope Utilities

Schools

  • Intermediate School: Fairhope Intermediate

Lot Info

  • Lot Block Unit: 3
  • Lot Description: Less Than 1 Acre, Level
  • Lot Size: 90x120

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1190.56
  • Assessor Parcel Number: 14664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Jan 28, 2022
Sold by
Vira Anil K and Vira Pallavi
Bought by
Bythe Glen
Seller's Agent
Anil Vira
Cortright & Company
Buyer's Agent
Annalee Bright
RE/MAX Paradise
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Current Estimated Value
$579,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,708
Avg. Annual Appreciation
4.52%
Original Mortgage
$350,000
Outstanding Balance
$325,041
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$254,667

Purchase Details

Closed on
Mar 27, 2014
Sold by
Deyton Maureen F and Fitzpatrick Thomas M
Bought by
Vira Anil K

Purchase Details

Closed on
Mar 14, 2014
Sold by
Fitzpatrick Anne
Bought by
Vira Anil K
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
Bythe Glen $490,000 Kopesky & Britt Llc
Vira Anil K $110,000 None Available
Vira Anil K $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bythe Glen $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $490,000 -2.0% $297 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $499,999 -8.3% $303 / Sq Ft
07/30/2021 07/30/21 Price Changed $545,000 +3.8% $330 / Sq Ft
07/29/2021 07/29/21 For Sale $525,000 -- $318 / 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 $2,013 $51,440 $22,180 $29,260
2023 $2,147 $46,680 $23,520 $23,160
2022 $1,523 $34,080 $0 $0
2021 $1,355 $30,760 $0 $0
2020 $0 $26,860 $0 $0
2019 $0 $50,940 $0 $0
2018 $2,077 $48,300 $0 $0
2017 $2,018 $46,540 $0 $0
2016 $1,749 $40,280 $0 $0
2015 -- $38,040 $0 $0
2014 -- $32,560 $0 $0
2013 -- $15,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 317800

Baldwin REALTORS®

APN: 46-03-37-0-008-090.505