NOT LISTED FOR SALE

218 Perdido Ave Fairhope, AL 36532

Estimated Value: $916,000 - $1,185,000

3 Beds
2.5 Baths
2,928 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $1,120,000 $383 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,851/month

66 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wood Flooring
  • High Ceiling
  • Fairhope West Elementary School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of June 2024

Welcome to Low Country style living at its best, located in the heart of Fairhope with modern amenities and impeccable craftsmanship. Enjoy coastal living just minutes from downtown and bay access on an oversized landscaped lot. The open-concept living space boasts ten-foot ceilings, a gas fireplace, and custom kitchen with granite countertops. The primary suite features a luxurious bathroom and flexible space for an office or gym. Two additional bedrooms upstairs offer comfort and privacy for guests. Outside, the covered patio is perfect for al fresco dining in the fully fenced backyard. The property includes a two-car garage with adjoining 500 sqft space for wood workshop, home gym or art studio. Bring your boat, trailer or golf cart and hide behind the double gate beside the garage. Plenty of parking for everyone. HOA free neighborhood. This beautiful home is definitely a rare find.

Last Agent to Sell the Property

Laurie Weber

Mobile Bay Realty Listed on: 04/05/2024

Last Buyer's Agent

Mark Lee

Bay Shore Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 2015

Lot Details

  • 0.37 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • Detached Garage

Home Design

  • Cottage
  • Brick or Stone Mason
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Storage

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Deeded Waterfront Access Rights
  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 4603370002082.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,805

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 4603370002082.002
  • Year Built: 2015
  • Property Sub-Type: Cottage
  • ResoCommunityFeatures: Other, Water Access-Deeded
  • Reso Fencing: Fenced
  • ResoLotFeatures: Less than 1 acre
  • Lot Size Acres: 0.367
  • ResoSecurityFeatures: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Co List Office Phone: 251-230-7555
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Airey Heights
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: Appraiser
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s), En-Suite, High Ceilings, Storage
  • Unit Levels: One and One Half
  • Living Area: 2928
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • ResoBuildingAreaSource: Appraiser
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Ice Maker, Microwave, Other, Gas Range, Refrigerator w/Ice Maker, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • View: No
  • Waterfront Features: No Waterfront
  • Construction Type: Brick, Concrete Board, Wood Frame
  • Exterior Features: Irrigation Sprinkler, Storage, Termite Contract, Gas Grill
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Porch-Open, Patio, Rear Porch, Front Porch, Side Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Detached, Double Garage, See Remarks

Utilities

  • Utilities: Natural Gas Connected, Fairhope Utilities
  • Heating: Electric, Central
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas: Gas-Natural

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 121.3 x 137.4irr
  • Lot Size Sq Ft: 15986.52
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1805.11
  • Tax Block: 1
  • Tax Lot: 1

MLS Schools

  • Elementary School: Fairhope West Elementary
  • HighSchool: Fairhope High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 27, 2024
Sold by
Diederich Donald A and Diederich Gail W
Bought by
Green Tree Farm Inc
Seller's Agent
Laurie Weber
Mobile Bay Realty
Buyer's Agent
Mark Lee
Bay Shore Realty Group, LLC
List Price
$1,198,000
Sold Price
$1,120,000
Premium/Discount to List
-$78,000
-6.51%
Views
148
Current Estimated Value
$1,068,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,530
Avg. Annual Appreciation
-3.48%

Purchase Details

Closed on
Sep 4, 2014
Sold by
Lambuth Thomas R and Lambuth Kathryn H
Bought by
Diederich Donald A and Diederich Gail W

Purchase Details

Closed on
Jun 1, 2005
Sold by
Arnold Alice Marie and Schermer Dorothy
Bought by
Lambuth Thomas R and Lambuth Kathryn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Green Tree Farm Inc $1,120,000 None Listed On Document
Diederich Donald A $145,500 None Available
Lambuth Thomas R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambuth Thomas R $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $1,120,000 -2.2% $383 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $1,145,000 -0.4% $391 / Sq Ft
05/20/2024 05/20/24 Price Changed $1,150,000 -3.8% $393 / Sq Ft
05/01/2024 05/01/24 Price Changed $1,195,000 -0.3% $408 / Sq Ft
04/10/2024 04/10/24 For Sale $1,198,000 -- $409 / 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 $2,777 $70,780 $18,200 $52,580
2023 $2,203 $56,260 $17,400 $38,860
2022 $2,111 $53,920 $0 $0
2021 $1,805 $45,880 $0 $0
2020 $1,717 $43,960 $0 $0
2019 $0 $45,460 $0 $0
2018 $0 $45,460 $0 $0
2017 $0 $45,460 $0 $0
2016 -- $44,720 $0 $0
2015 $1,118 $26,000 $0 $0
2014 $1,118 $26,000 $0 $0
2013 -- $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 360441

Baldwin REALTORS®

APN: 46-03-37-0-002-082.002