3 Molokai Ln Fairhope, AL 36532
Point Clear NeighborhoodEstimated payment $6,781/month
Highlights
- Assigned Boat Slip
- Pier or Dock
- Bay View
- Fairhope West Elementary School Rated A-
- Fishing
- Gated Community
About This Home
One owner Custom-built raised Creole Cottage with DEEDED Bay Access to Mobile Bay AND a Boat Slip (#3) near to downtown Fairhope shopping and restaurants! Home has a one level living area featuring High vaulted Ceiling in the main living area with a Center Fireplace, Beautiful Hardwood floors throughout, and a Split Bedroom plan. The 3rd Bedroom can be used as an Office or Den and has a Private Balcony. There is a Screened Porch to the back, a Cargo Elevator, Generator, an oversized 3-car Garage with the 3rd Bathroom (lots of storage and options to expand another living area), and a level backyard with lots of Fruit trees. The Roof was replaced with Timberline shingles in 2020. Hurry to see this beautiful home and property! Buyer to verify all information during due diligence.
Listing Agent
Coldwell Banker Reehl Prop Fairhope Brokerage Phone: 251-680-7964 Listed on: 06/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,785
Year Built
- Built in 1988
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 78 x 196
- East Facing Home
- Partially Fenced Property
- Few Trees
- Zoning described as Single Family Residence,Within Corp Limits
HOA Fees
- $25 Monthly HOA Fees
Home Design
- Creole Architecture
- Steel Frame
- Composition Roof
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 2,084 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Great Room with Fireplace
- Combination Dining and Living Room
- Breakfast Room
- Bay Views
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Parking
- Attached Garage
- Automatic Garage Door Opener
- Golf Cart Garage
Outdoor Features
- Assigned Boat Slip
Schools
- Fairhope West Elementary School
- Fairhope Middle School
- Fairhope High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 3 / 3
- Assessor Parcel Number 4506244000002.001
Community Details
Overview
- Association fees include common area insurance, recreational facilities
Recreation
- Pier or Dock
- Fishing
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $769 | $31,740 | $10,500 | $21,240 |
| 2023 | $759 | $31,740 | $10,500 | $21,240 |
| 2022 | $759 | $56,120 | $0 | $0 |
| 2021 | $759 | $50,800 | $0 | $0 |
| 2020 | $759 | $51,140 | $0 | $0 |
| 2019 | $663 | $51,420 | $0 | $0 |
| 2018 | $663 | $47,900 | $0 | $0 |
| 2017 | $663 | $45,000 | $0 | $0 |
| 2016 | $663 | $42,800 | $0 | $0 |
| 2015 | $663 | $37,800 | $0 | $0 |
| 2014 | $663 | $36,180 | $0 | $0 |
| 2013 | -- | $31,380 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Price Changed | $1,100,000 | -8.3% | $528 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $1,199,000 | -2.9% | $575 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $1,235,000 | 0.0% | $593 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $1,235,000 | -- | $593 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Baldwin REALTORS®
MLS Number: 380189
APN: 45-06-24-4-000-002.001
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