NOT LISTED FOR SALE

354 Mershon St Fairhope, AL 36532

Estimated Value: $136,000 - $260,000

3 Beds
1 Bath
952 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $89,875 $94 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,179/month

127 Days on Market

Highlights

  • Craftsman Architecture
  • Front Porch
  • 1-Story Property
  • Fairhope West Elementary School Rated A-
  • Living Room

About This Home

As of November 2023

Great opportunity awaits! This charming little cottage style house is awaiting your personal touch! Remodel the home your way or use the lot to build your own personal dream home! The property is a short distance to downtown featuring many shops and restaurants. Please note due to the home needing repairs this is an enter at your own risk. Buyer and buyer's agent to verify all information.

Last Agent to Sell the Property

Shelia Kimball

Dalton Wade, Inc Listed on: 04/13/2023

Dalton Wade, Inc

Last Buyer's Agent

Ted Brokop

Coastal Leaders Realty Group

Coastal Leaders Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $374

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 99' x 122

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Living Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Fairhope East Elementary School
  • Fairhope Middle School
  • Fairhope High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • Fairhope Municipal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-015-035.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$374

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Status: Resale
  • Property Amenities: Porch-Front
  • Property Type: Residential Detached
  • Style: Craftsman
  • Parcel Id Tax Id: 46-03-37-0-015-035.000
  • Year Built: 1950
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope
  • Living Room Group: Living Room
  • Property Legal Description: 125' X 100' Colemans Suburban Homes Subd Block 2 Lot Pt Of 1 Plat Book 1 Page 77 Beg At The Se Cor O
  • Subdivsn Or Commnty: Fairhope Municipal
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: No Appliances
  • Estimated Living Area: 952
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 14 x 9, On Level: Main Level
  • Bedroom 3: Dimensions: 7 x15, On Level: Main Level
  • Bedrooms: 3
  • Kitchen: Dimensions: 9.6 x 15, On Level: Main Level
  • Living Room: Dimensions: 26 x 11, On Level: Main Level
  • Master Bed: Dimensions: 15 x11, On Level: Main Level
  • Price Per Sq Ft: 94.41
  • Property Interior Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Utilities

  • Heat Cooling: No Cooling, No Heat
  • Utilities: Water Heater-Electric

Lot Info

  • Estimated Lot Size: 0.28
  • Lot Description: Less Than 1 Acre
  • Lot Size: 99' x 122
  • Number Lots: 1

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 373.52
  • Assessor Parcel Number: 19449

MLS Schools

  • Elementary School: Fairhope East Elementary
  • HighSchool: Fairhope High
  • Middle School: Fairhope Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Turberville Todd
Bought by
Coastal Construction Co
Current Estimated Value
$210,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2023
Closed on
Nov 21, 2023
Sold by
Hayes Nellie Beatice and Ward Rickie C
Bought by
Turberville Todd
Seller's Agent
Shelia Kimball
Dalton Wade, Inc
Buyer's Agent
Ted Brokop
Coastal Leaders Realty Group
List Price
$259,000
Sold Price
$89,875
Premium/Discount to List
-$169,125
-65.3%
Views
454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.48%
Original Mortgage
$75,941
Interest Rate
7.79%
Mortgage Type
New Conventional
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
Coastal Construction Co $112,500 None Listed On Document
Turberville Todd $89,875 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coastal Construction Co $225,000
Previous Owner Turberville Todd $75,941
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $89,875 -54.8% $94 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $199,000 -23.2% $209 / Sq Ft
04/13/2023 04/13/23 For Sale $259,000 -- $272 / 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 $811 $17,620 $6,600 $11,020
2023 $374 $8,120 $3,500 $4,620
2022 $327 $7,100 $0 $0
2021 $0 $5,720 $0 $0
2020 $0 $4,920 $0 $0
2019 $0 $4,940 $0 $0
2018 $68 $4,560 $0 $0
2017 $0 $4,280 $0 $0
2016 $0 $4,360 $0 $0
2015 -- $4,420 $0 $0
2014 -- $4,160 $0 $0
2013 -- $4,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 344402

Baldwin REALTORS®

APN: 46-03-37-0-015-035.000