NOT LISTED FOR SALE

309 S School St Unit B Fairhope, AL 36532

Estimated Value: $846,000 - $962,000

4 Beds
3.5 Baths
2,233 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $540,000 $242 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,142/month

Highlights

  • Open-Concept Dining Room
  • New Construction
  • Main Floor Primary Bedroom
  • Fairhope Primary School Rated A-
  • Craftsman Architecture
  • Front Porch

About This Home

As of May 2020

This home is part of a 6 lot enclave of new cottage homes just steps from Downtown Fairhope. Construction is in progress on this home and scheduled for completion in Early Spring 2020. Buyer may pick finishes at this point. Generous allowances. Designer finishes/details. Gourmet kitchen, Dual Fuel range, Built in frig. Wood burning fireplace. Gas lanterns. Fortified Gold. Energy efficient. Spray foam insulation in rafters. Instant hot water. True Divided Light Windows. LED lighting. Hardwood floors. Metal Roof. 10'ceilings, solid 8' doors and high end trim details including shiplap, cabinets to ceiling, etc. A must see! Best new construction deal with 5 minute walk to downtown!

Last Agent to Sell the Property

Terryl Reeves

Bellator Real Estate, LLC Fair License #81038-3 Listed on: 04/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Cottage

Interior Spaces

  • 2,233 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Open-Concept Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Front Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Central Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370008069002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,504

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 50' X 154' IRR LOT 11 BLK 4 CENTRAL PARK ADDITION PB1 PG101 CITY OF FAIRHOPE GR SEC 37-T6S-R2E (WD/SURVIVORSHIP)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Craftsman
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 2233.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Patio And Porch Features: Front Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Subdivision Complex: CENTRAL PARK

Lot Info

  • Acres: 0.1300
  • Lot Dimensions: 50x120
  • Parcel Number: 4603370008069002
  • Price Acre Dollar: 4153846.15
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 46-03-37-0-008-069.002
  • Close Date: 2020-05-20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2020
Closed on
May 20, 2020
Sold by
309 South School Street Llc
Bought by
Crisp Richard W and Crisp Bonnie K
Seller's Agent
Terryl Reeves
Bellator Real Estate, LLC Fair
Sold Price
$540,000
Current Estimated Value
$905,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,293
Avg. Annual Appreciation
10.17%
Original Mortgage
$432,000
Outstanding Balance
$388,622
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$512,094
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
Crisp Richard W $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crisp Richard W $432,000
Previous Owner 309 South School Llc $460,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $540,000 -- $242 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
Source: Gulf Coast MLS (Mobile Area Association of 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 $2,504 $63,880 $19,380 $44,500
2023 $2,504 $63,880 $19,380 $44,500
2022 $2,504 $63,880 $0 $0
2021 $2,244 $56,900 $0 $0
2020 $1,468 $31,920 $0 $0
2019 $1,373 $31,920 $0 $0
2018 $0 $31,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0638828

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-37-0-008-069.002