NOT LISTED FOR SALE

401 Myrtle Ave Fairhope, AL 36532

Estimated Value: $324,000 - $374,000

3 Beds
1.5 Baths
1,176 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $280,000 $238 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,067/month

Highlights

  • Gated Community
  • Wood Flooring
  • Cottage
  • Fairhope West Elementary School Rated A-
  • Corner Lot
  • Front Porch

About This Home

As of August 2021

Discover old Fairhope charm with this cozy cottage located near the heart of Fairhope. Seated on a large corner lot, this home boasts tongue and groove cedar walls and real oak hardwood floors. Built in 1955, this home has had one owner and has been lovingly cared for by the same family for over 60 years. This popular neighborhood is close to everything Fairhope has to offer. The possibilities are endless for this desired property. Imagine remodeling and making this home your own, or simply starting over with a new home. Call today to arrange a private showing before you let it get away!

Last Agent to Sell the Property

Suzanne Winstead

Blue Heron Realty License #129917 Listed on: 07/21/2021

Blue Heron Realty

Co-Listed By

Lorena Gregorius

Roberts Brothers Eastern Shore License #12916

Last Buyer's Agent

Jenny Carr

EXIT Realty Landmark License #114309

EXIT Realty Landmark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1955

Lot Details

  • Corner Lot

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Park Terrace Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4603390002195000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 90' X 150' LOT 1 PLAT BOOK 4 PAGE 161 PARK TERRACE UNIT 1 FI ELD EDIT (HEIRSHIP DEED) (HEIRSHIP AFF'S) IN#1405259 IN#1405 260 IN#1405261 IN#1405262 IN#1405263 IN#1405264
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Vinyl
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1176.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Patio And Porch Features: Front Porch
  • Exterior Features: Storage
  • Foundation: None

Garage/Parking

  • Number of Carport Spaces: 1
  • Parking Features: Attached, Carport

Utilities

  • Water Source: Public
  • Cooling: Window Unit(s)
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: PARK TERRACE

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 4603390002195000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 27, 2021
Sold by
Sims Marion Thomas and Last Will And Testament Of Mar
Bought by
Peppo Bret Alan and Peppo Mary Peyton
Seller's Agent
Suzanne Winstead
Blue Heron Realty
Buyer's Agent
Jenny Carr
EXIT Realty Landmark
Sold Price
$280,000
Current Estimated Value
$352,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,412
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Jun 25, 2013
Sold by
Sims Margaret S and Sims John Arthur
Bought by
Sims Margaret S
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
Peppo Bret Alan $280,000 None Available
Sims Margaret S -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $280,000 0.0% $238 / Sq Ft
08/27/2021 08/27/21 Sold $280,000 -4.3% $238 / Sq Ft View Prior Sale
07/21/2021 07/21/21 Pending -- -- --
07/21/2021 07/21/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $292,500 -- $249 / 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 $2,524 $54,880 $31,680 $23,200
2023 $2,451 $53,020 $33,600 $19,420
2022 $2,118 $46,040 $0 $0
2021 $0 $41,460 $0 $0
2020 $0 $18,160 $0 $0
2019 $0 $17,060 $0 $0
2018 $0 $16,260 $0 $0
2017 $0 $15,720 $0 $0
2016 $0 $13,800 $0 $0
2015 -- $12,440 $0 $0
2014 -- $10,440 $0 $0
2013 -- $9,940 $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: 0653480

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-39-0-002-195.000