NOT LISTED FOR SALE

276 Chet Ave Fairhope, AL 36532

Estimated Value: $555,826 - $712,000

4 Beds
3 Baths
2,808 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $345,000 $123 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,583/month

31 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Great Room with Fireplace
  • Fairhope West Elementary School Rated A-
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of May 2016

Stunningly Beautiful & in Like New condition on High Elevation Lot overlooking the lake! Come fall in love with the amazing Wow Factors, from the relaxing front porch, to the Open Flow of the floor plan. A Private Master Suite is located on the east wing of the home & features a Glamour Bath with Tiled Walk-in Shower and Jetted Tub, Gourmet Kitchen features a Gas Range, Island & Breakfast Area, there are 2 guest bedrooms down and 1 guest bedroom, guest bath and Bonus Room on the second level.

Last Agent to Sell the Property

JWRE Coastal Team

JWRE Listed on: 03/07/2016

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 2010

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 102' x 146.9'
  • Fenced

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • 1.5-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Summer Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4608280000001200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Property Amenities: Automatic Garage Door, Covered Patio, Fenced, Split Bedroom Plan
  • Property Type: Residential Detached
  • Style: Craftsman
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 4608280000001200
  • Year Built: 2010
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Summer Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range-Gas
  • Estimated Living Area: 2808
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13X11
  • Bedroom 3: Dimensions: 11X12
  • Bedroom 4: Dimensions: 14X16, On Level: 2
  • Bedrooms: 4
  • Breakfast Room: Dimensions: 9X9
  • Dining Area: Dimensions: 12X12
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Fireplace: Gas Logs, Great Room
  • Floors: Carpet, Tile, Wood
  • Great Room: Dimensions: 15X20
  • Kitchen: Dimensions: 11X13
  • Master Bed: Dimensions: 13X18, On Level: Main Level
  • Other Room: Dimensions: 8X5
  • Price Per Sq Ft: 122.86
  • Property Interior Stories: 1.5
  • Rec Room Level: 2

Exterior Features

  • Exterior Finish: Brick, Concrete Board
  • Roof: Composition Shingle
  • Water Property Type: Lake Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Gas-Natural, Sewage-City, Underground Utilities, Water-City

Condo/Co-op/Association

  • Association Fees: 66

Lot Info

  • Estimated Lot Size: 0.34
  • Lot Block Unit: 89
  • Lot Description: Water View
  • Lot Size: 102' X 146.9'

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows

Tax Info

  • Property Taxes: 1285
  • Assessor Parcel Number: 279586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 13, 2016
Sold by
Drake David Brian and Drake Catherine S
Bought by
Mercer Justin Earl and Mercer Ashley Ray
Seller's Agent
JWRE Coastal Team
JWRE
Buyer's Agent
Non Member
Non Member Office
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$642,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,207
Avg. Annual Appreciation
6.74%
Original Mortgage
$327,750
Outstanding Balance
$261,336
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$380,871

Purchase Details

Closed on
Nov 30, 2010
Sold by
Southern Capital Development Llc
Bought by
Drake David Brian and Drake Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,900
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercer Justin Earl $345,000 None Available
Drake David Brian $299,900 Alt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Justin Earl $327,750
Previous Owner Drake David Brian $259,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $345,000 0.0% $123 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $345,000 -- $123 / 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 $2,289 $50,740 $9,020 $41,720
2023 $2,055 $45,660 $7,080 $38,580
2022 $1,766 $39,360 $0 $0
2021 $1,724 $35,620 $0 $0
2020 $1,668 $37,240 $0 $0
2019 $1,585 $37,900 $0 $0
2018 $1,485 $35,580 $0 $0
2017 $1,436 $34,440 $0 $0
2016 $1,392 $33,420 $0 $0
2015 -- $30,920 $0 $0
2014 -- $28,280 $0 $0
2013 -- $28,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 236718

Baldwin REALTORS®

APN: 46-08-28-0-000-001.200