NOT LISTED FOR SALE

16561 Scenic Highway 98 Fairhope, AL 36532

Point Clear Neighborhood

Estimated Value: $1,180,836

0.58 Acre
$2,025,448 Price per Acre
25,395 Sq Ft Lot

Last Sold July 16, 2024

Last sale price $1,150,000 $770 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,829/month

49 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • No HOA
  • Views
  • J. Larry Newton School Rated A-

About This Lot

As of July 2024

Waterfront lot in Point Clear. Rare find approximately 1.4 miles south of the Grand Hotel with 100 feet on Mobile Bay. Lot size is 100x275. There is a 15 foot wide permanent easement to access the property from Scenic Hwy 98. This parcel is cleared and ready to build on.

Last Agent to Sell the Property

Mary Cane

Courtney & Morris Daphne Listed on: 03/15/2024

Co-Listed By

Peter Cane

Courtney & Morris Daphne

Last Buyer's Agent

Mary Cane

Courtney & Morris Daphne Listed on: 03/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,100

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 100 x 270
  • Property Fronts a Bay or Harbor

Schools

  • J. Larry Newton Elementary School
  • Fairhope Middle School
  • Fairhope High School

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5603060000026.000

Property Details

Property Type

Land

Est. Annual Taxes

$6,100

Lot Details

0

Listing Details

  • Property Type: Land
  • View: Direct Bay Front
  • Parcel Number: 5603060000026.000
  • Property Sub-Type: Unimproved Land
  • ResoLotFeatures: Lot, Less than 1 acre
  • Lot Size Acres: 0.583
  • Water Body Name: Mobile Bay
  • Co List Office Phone: 251-626-8882
  • Co List Office Phone: 251-626-8882
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Point Clear
  • BK20_LFD_BoatFacilities_70: Water Depth (4 ft+), None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Bay Front

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 100 x 270
  • Lot Size Sq Ft: 25395.48
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6099.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Jul 16, 2024
Sold by
Christensen John Jay and Christensen Alison Helen
Bought by
Adcox Charles Barton and Adcox Hannah
Seller's Agent
Mary Cane
Courtney & Morris Daphne
Buyer's Agent
Mary Cane
Courtney & Morris Daphne
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
49
Current Estimated Value
$1,180,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,836
Avg. Annual Appreciation
2.09%
Original Mortgage
$1,632,000
Outstanding Balance
$1,611,593
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$430,757

Purchase Details

Listed on
Aug 2, 2018
Closed on
Aug 24, 2019
Sold by
Blakeney Harvey Nichols
Bought by
Christensen John Jay and Allison Helen W
Seller's Agent
Donna Cook
Baldwin County Properties, Inc
Buyer's Agent
Mary Cane
Courtney & Morris Daphne
List Price
$1,300,000
Sold Price
$850,000
Premium/Discount to List
-$450,000
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$175,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adcox Charles Barton $1,150,000 None Listed On Document
Christensen John Jay $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adcox Charles Barton $1,632,000
Previous Owner Christensen John Jay $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $1,150,000 -4.2% $770 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,200,000 +41.2% $803 / Sq Ft
08/30/2019 08/30/19 Sold $850,000 -5.0% $569 / Sq Ft View Prior Sale
07/19/2019 07/19/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $895,000 -10.5% $599 / Sq Ft
03/28/2019 03/28/19 Price Changed $1,000,000 -16.7% $669 / Sq Ft
10/31/2018 10/31/18 Price Changed $1,200,000 -7.7% $803 / Sq Ft
08/02/2018 08/02/18 For Sale $1,300,000 -- $870 / 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 $7,789 $251,260 $247,960 $3,300
2023 $7,577 $244,420 $240,760 $3,660
2022 $6,245 $201,460 $0 $0
2021 $6,100 $196,760 $0 $0
2020 $5,904 $190,440 $0 $0
2019 $3,851 $137,540 $0 $0
2018 $3,481 $125,920 $0 $0
2017 $3,745 $135,360 $0 $0
2016 $3,570 $129,120 $0 $0
2015 -- $128,740 $0 $0
2014 -- $128,740 $0 $0
2013 -- $128,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Cane

    Seller's Agent in 2024

    Mary Cane

    Courtney & Morris Daphne

    (251) 605-5109

    91 in this area

    240 Total Sales

    Mary Cane
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Peter Cane

    Courtney & Morris Daphne

    (251) 895-6161

    2 in this area

    12 Total Sales

    Peter Cane
    Section Image

  • D

    Seller's Agent in 2019

    Donna Cook

    Baldwin County Properties, Inc

    (251) 510-8885

    5 in this area

    50 Total Sales

    Donna Cook
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Robert Yarbrough

    Baldwin County Properties, Inc

    (251) 978-4500

    Robert Yarbrough
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 359385

Baldwin REALTORS®

APN: 56-03-06-0-000-026.000

Alabama Baldwin County Fairhope 36532 Point Clear

16561 Scenic Highway 98, Fairhope, AL

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