NOT LISTED FOR SALE

301 Magnolia Ave Fairhope, AL 36532

Estimated Value: $1,964,384

22,400 Acres
$88 Price per Acre
975,744,000 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $600,000 $673 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $11,298/month

55 Days on Market

Highlights

  • 22,400 Acre Lot
  • Corner Lot
  • 4-minute walk to Fairhopers Community Park
  • Fairhope West Elementary School Rated A-

About This Lot

As of December 2016

THIS IS FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Kim Ward

Kim Ward Realty, LLC Listed on: 10/06/2016

Last Buyer's Agent

Kim Ward

Kim Ward Realty, LLC Listed on: 10/06/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,119

Lot Details

  • 22,400 Acre Lot
  • Lot Dimensions are 160x140
  • Corner Lot
  • Property is zoned Within Corp Limits

Community Details

  • Fairhope Single Tax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370006036502

Property Details

Property Type

Land

Est. Annual Taxes

$8,119

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Property Type: Zoned
  • Zoning Area: Within Corp Limits
  • Lot Type: Corner
  • Parcel Id Tax Id: 4603370006036502
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Fairhope Single Tax
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 26.79

Exterior Features

  • Water Property Type: No Waterfront
  • Road Description: City Street
  • Road Frontage: 160

Utilities

  • Utilities: Sewage-City, Water-City

Lot Info

  • Estimated Lot Size: 22400
  • Lot Description: Corner Lot
  • Lot Size: 160x140

Tax Info

  • Fairhope Single Tax: Yes
  • Assessor Parcel Number: 015164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Magnolia/Church Llc
Bought by
Rw Llc
Current Estimated Value
$1,964,384

Purchase Details

Listed on
Oct 6, 2016
Closed on
Dec 28, 2016
Sold by
Pitman James Ivy and Pitman Barbara Mccall
Bought by
Magnolia Church Llc
Seller's Agent
Kim Ward
Kim Ward Realty, LLC
Buyer's Agent
Kim Ward
Kim Ward Realty, LLC
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%
Original Mortgage
$525,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2014
Sold by
Pitman James Ivy
Bought by
Pitman James Ivy and Pitman Barbara Mccall
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
Rw Llc $1,750,000 None Listed On Document
Magnolia Church Llc $65,000 None Available
Pitman James Ivy $182,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnolia Church Llc $450,000
Previous Owner Magnolia Church Llc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $600,000 0.0% $673 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $600,000 -- $673 / 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 $8,119 $176,500 $156,480 $20,020
2023 $7,541 $163,940 $149,480 $14,460
2022 $7,187 $156,240 $0 $0
2021 $6,533 $142,020 $0 $0
2020 $0 $136,800 $0 $0
2019 $0 $118,640 $0 $0
2018 $5,093 $118,440 $0 $0
2017 $2,565 $59,640 $0 $0
2016 $2,540 $59,060 $0 $0
2015 -- $50,380 $0 $0
2014 -- $38,620 $0 $0
2013 -- $36,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 247841

Baldwin REALTORS®

APN: 46-03-37-0-006-036.502