NOT LISTED FOR SALE

218 Silo Loop Fairhope, AL 36532

Estimated Value: $431,000 - $533,000

5 Beds
3 Baths
3,076 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $281,900 $92 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,686/month

15 Days on Market

Highlights

  • Newly Remodeled
  • FORTIFIED Gold
  • Home Office
  • Fairhope West Elementary School Rated A-
  • Cottage
  • Breakfast Area or Nook

About This Home

As of May 2018

UNDER CONSTRUCTION. Projected Completion- 5/25/18. **Receive up to $5,000 to use toward UPGRADE OPTIONS + up to $3,000 toward CLOSING w/ preferred lender** Contract by 4/30/18 and close by 5/31/18. This McKENZIE home features a spacious open concept floor plan and is loaded with luxury details including Designer Painted Cabinets, 3cm Granite countertops, Stainless Steel appliances, Double Trey ceilings & Crown Molding, plus covered Front and Rear Porches. Chef's Kitchen with extra large culinary Prep Island overlooks massive Great Room. Perfect for entertaining and family gatherings! Built to Fortified GOLD standards. Save up to 50% on annual Homeowners insurance! Great location within walking distance to Fairhope Middle and Fairhope High School, and just minutes from quaint downtown Fairhope. Enjoy charming boutiques, restaurants, fishing from the Fairhope Pier, and numerous festivals throughout the year! Call today for morel information! Pictures may be of similar but not necessarily of subject property.

Last Agent to Sell the Property

Karen Reynolds

Bellator Real Estate, LLC Fair Listed on: 04/03/2018

Last Buyer's Agent

Jaime Cooper Team

EXIT Realty Lyon & Assoc.Fhope

EXIT Realty Lyon & Assoc.Fhope

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Lot Dimensions are 75x140
  • Property is zoned Within Corp Limits

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Dimensional Roof
  • Ridge Vents on the Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,076 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Dining Room
  • Home Office
  • Utility Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath
  • Separate Shower

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • FORTIFIED Gold
  • Energy-Efficient Appliances

Schools

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

Utilities

  • SEER Rated 14+ Air Conditioning Units
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Grinder Pump

Community Details

  • Saddlewood Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 353061

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab, Fortified-Gold
  • Construction Status: New Construction
  • Home Warranty: Yes
  • Intersecting Street: Stave Mill Drive
  • Mineral Rights: No Rights
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Parcel Id Tax Id: 353061
  • Year Built: 2018
  • Subdivsn Or Commnty: Saddlewood
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Smoke Detector
  • Estimated Living Area: 3076
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 12x12, On Level: Main Level
  • Bedroom 3: Dimensions: 12x12, On Level: Main Level
  • Bedroom 4: Dimensions: 15x12, On Level: Main Level
  • Bedrooms: 5
  • Den: Dimensions: 13x15, On Level: Main Level
  • Dining Area: Dimensions: 14x11, On Level: Main Level
  • Dining Area Type: Breakfast Area-Kitchen, Separate Dining Room
  • Fireplace: No Fireplace
  • Floors: Carpet
  • Great Room: Dimensions: 22x18, On Level: Main Level
  • Kitchen: Dimensions: 14x16, On Level: Main Level
  • Master Bed: Dimensions: 15x17, On Level: Main Level
  • Other Rooms: Foyer, Office/Study, Utility Room-Inside
  • Price Per Sq Ft: 91.64
  • Property Interior Stories: 1
  • Primary Bedroom Bathrooms: Double Vanity, Garden Tub, Separate Shower, Walk In Closet

Exterior Features

  • Exterior Finish: Brick, Vinyl, Wood, Storm Shutters
  • Roof: Dimensional
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Heat Pump, Heat Pump (Cool)
  • Utilities: Gas-Natural, Grinder Pump, Total Electric, Underground Utilities, Water Heater-Electric, Water-City, Fairhope Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 25

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Energy Effic Appliances, Ridge Vent, Seer 14, Thermal Doors

Lot Info

  • Lot Block Unit: 24
  • Lot Size: 75x140

Tax Info

  • Property Taxes: 900
  • Assessor Parcel Number: 353061

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 31, 2018
Sold by
Dr Horton Inc
Bought by
Griffin Kevin L and Griffin Ginafer Alex
Seller's Agent
Karen Reynolds
Bellator Real Estate, LLC Fair
Buyer's Agent
Jaime Cooper Team
EXIT Realty Lyon & Assoc.Fhope
List Price
$283,000
Sold Price
$281,900
Premium/Discount to List
-$1,100
-0.39%
Current Estimated Value
$470,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,647
Avg. Annual Appreciation
7.21%
Original Mortgage
$267,800
Outstanding Balance
$231,078
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$239,469
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
Griffin Kevin L $281,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Kevin L $267,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $281,900 -0.4% $92 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $283,000 -- $92 / 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 $2,077 $46,140 $7,500 $38,640
2023 $2,031 $45,140 $5,160 $39,980
2022 $1,697 $37,860 $0 $0
2021 $1,543 $34,220 $0 $0
2020 $1,481 $33,180 $0 $0
2019 $1,250 $30,120 $0 $0
2018 $310 $7,200 $0 $0
2017 $310 $7,200 $0 $0
2016 $213 $4,960 $0 $0
2015 $181 $4,200 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 267850

Baldwin REALTORS®

APN: 46-08-28-0-000-014.037