NOT LISTED FOR SALE

205 Fairhope Ave Fair Hope, AL 36532

Estimated Value: $2,360,208

3 Beds
2 Baths
5,105 Sq Ft
$462/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $1,615,000 $316 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $13,562/month

Highlights

  • City View
  • Wood Flooring
  • 3-minute walk to Fairhopers Community Park
  • Fairhope West Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2020

Multi-Use Building in the heart of the downtown business district. 3 Office suites downstairs and 2 residential apartments upstairs. Wonderful private balcony overlooking Fairhope Avenue. Elevator and private parking to the rear of the building. Possession 1 to 15 days

Last Agent to Sell the Property

Lillian Courtney

Courtney & Morris Daphne License #111371 Listed on: 08/08/2020

Co-Listed By

Mary Cane

Courtney & Morris Daphne License #51964

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,490

Year Built

  • Built in 1986

Lot Details

  • 0.26

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,105 Sq Ft Home
  • 2-Story Property
  • 9 Foot Ceilings
  • City Views

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System

Community Details

  • Fairhope Single Tax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370006037505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,490

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 65.3' X 183' IRR FM SW COR OF BLK 8 DIV 1 FST MS1 PG320 RUN E 101.55' FOR THE POB, TH CONT E 65.3', TH N 183', TH W 56.5 , TH S 50', TH W 8.2', TH S 133.1' TO THE POB CONTAINING .3 ACRES CITY OF FAIRHOPE GR SEC 37-T6S-R2E (FST BOS) FST LEAS E IN#1288647
  • Property Type: Residential Income
  • MLS Status: Closed
  • Year Built: 1986
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Ceramic Tile, Concrete, Hardwood
  • Other Equipment: Passenger Elevator
  • Square Footage: 5105.00
  • Window Features: None

Exterior Features

  • Construction Materials: Stucco
  • View: City
  • Pool Private: No
  • Foundation: Slab, See Remarks

Garage/Parking

  • Parking Features: On Street, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Subdivision Complex: FAIRHOPE SINGLE TAX

Lot Info

  • Current Zoning: B2
  • Lot Features: Curbs & Gutters, Free Standing, Sidewalk
  • Parcel Number: 4603370006037505
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Exterior Maintenance

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 23, 2020
Sold by
Gator Wood Properties Llc
Bought by
Mobama Llc
Seller's Agent
Lillian Courtney
Courtney & Morris Daphne
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$1,615,000
Current Estimated Value
$2,360,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,208
Avg. Annual Appreciation
7.88%
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
Mobama Llc $1,615,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $1,615,000 -- $316 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
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 $14,490 $315,000 $176,140 $138,860
2023 $12,357 $268,620 $168,280 $100,340
2022 $11,706 $254,480 $0 $0
2021 $8,294 $180,300 $0 $0
2020 $0 $90,000 $0 $0
2019 $0 $159,920 $0 $0
2018 $6,460 $150,240 $0 $0
2017 $6,310 $146,340 $0 $0
2016 $6,359 $147,880 $0 $0
2015 -- $127,260 $0 $0
2014 -- $127,260 $0 $0
2013 -- $127,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lillian Courtney

    Seller's Agent in 2020

    Lillian Courtney

    Courtney & Morris Daphne

    (251) 689-1960

    35 in this area

    112 Total Sales

    Lillian Courtney
    Section Image
  • Mary Cane

    Seller Co-Listing Agent in 2020

    Mary Cane

    Courtney & Morris Daphne

    (251) 605-5109

    85 in this area

    240 Total Sales

    Mary Cane
    Section Image

  • N

    Buyer's Agent in 2020

    NOT MULTIPLE LISTING

    NOT MULTILPLE LISTING

See All Agents

Map

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

MLS Number: 0637289

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-37-0-006-037.505

Alabama Baldwin County Fair Hope 36532

205 Fairhope Ave, Fair Hope, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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