NOT LISTED FOR SALE

360 S Mobile St Fairhope, AL 36532

Estimated Value: $1,587,000 - $1,759,000

3 Beds
5 Baths
3,600 Sq Ft
$468/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $1,050,000 $292 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $9,885/month

20 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Guest House
  • Vaulted Ceiling
  • Fairhope Primary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of August 2015

Breathtaking views of Mobile Bay from all 3 floors of this coastal contemporary home. Has an elevator, huge porches & high end finishes throughout. An IAI system controls home. HUGE living area with panoramic views of Bay! Each bedroom has a bayview. The open gourmet kitchen will wow you! There are also 2 income producing cottages on the property. Amazing location in Fairhope.

Last Agent to Sell the Property

Mickie Russell

Roberts Brothers Eastern Shore License #12912 Listed on: 06/01/2015

Roberts Brothers Eastern Shore

Last Buyer's Agent

Mickie Russell

Roberts Brothers Eastern Shore License #12912 Listed on: 06/01/2015

Roberts Brothers Eastern Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,308

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 55x273
  • 55 Feet of Waterfront
  • Property Fronts a Bay or Harbor

Home Design

  • Contemporary Architecture
  • Ridge Vents on the Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Screened Porch
  • Water Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Parking

  • Attached Garage
  • 2 Carport Spaces

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • Energy-Efficient Insulation
  • Patio
  • Guest House

Community Details

  • Magnolia Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370011063000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,308

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 55 X273.5 BEG 110 NE OF THE INT OF N R W OF PIER ST & W R W OF MOBILE AVE FOR BEG TH RUN NW 273.5 TO MOBILE BAY TH NE ALG BAY 50 TH SE 297 S (270 ) TH SW 55 TO THE POB CITY O F FAIRHOPE SEC37-T6S-R2E (PERSONAL REP WD SURVIVORSHIP) #495 544 (QCD)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Vaulted, Wet Bar
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 3600.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Guest House
  • Waterfront Frontage: 55
  • Roof Type: Ridge Vents
  • Patio And Porch Features: Front Porch, Patio, Rear Porch, Screened, Side Porch
  • View: Water
  • Foundation: None

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: MAGNOLIA BEACH

Schools

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

Lot Info

  • Lot Dimensions: 55X273
  • Parcel Number: 4603370011063000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation
  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 46-03-37-0-011-063.000
  • Close Date: 2015-08-31

Multi Family

  • Waterfront Features: Bay Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 28, 2015
Sold by
Noojin Bert P
Bought by
Forney V Rutledge
Seller's Agent
Mickie Russell
Roberts Brothers Eastern Shore
Buyer's Agent
Mickie Russell
Roberts Brothers Eastern Shore
Sold Price
$1,050,000
Current Estimated Value
$1,694,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,172
Avg. Annual Appreciation
4.98%
Original Mortgage
$892,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 18, 2015
Sold by
Nix Kelsey B and Noojin Bert P
Bought by
Noojin Bert P
Seller's Agent
Mickie Russell
Roberts Brothers Eastern Shore
Buyer's Agent
Mickie Russell
Roberts Brothers Eastern Shore
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
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
Forney V Rutledge $1,050,000 None Available
Noojin Bert P $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Forney Virginia $776,000
Closed Forney V Rutledge $892,500
Previous Owner Noojin Bert P $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $1,050,000 0.0% $292 / Sq Ft
08/31/2015 08/31/15 Sold $1,050,000 0.0% $292 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
04/06/2015 04/06/15 Pending -- -- --
10/23/2013 10/23/13 For Sale $1,050,000 -- $292 / Sq Ft
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 $7,308 $158,880 $68,520 $90,360
2023 $6,387 $138,840 $66,540 $72,300
2022 $5,200 $113,040 $0 $0
2021 $5,118 $99,680 $0 $0
2020 $4,995 $108,580 $0 $0
2019 $5,034 $117,080 $0 $0
2018 $4,723 $109,840 $0 $0
2017 $4,524 $105,200 $0 $0
2016 $4,521 $105,140 $0 $0
2015 -- $100,280 $0 $0
2014 -- $100,960 $0 $0
2013 -- $97,400 $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: 0259398

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-37-0-011-063.000