NOT LISTED FOR SALE

405 S Mobile St Fairhope, AL 36532

Estimated Value: $728,753 - $750,000

2 Beds
2 Baths
1,457 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $750,000 $515 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,151/month

Highlights

  • Property Fronts a Bay or Harbor
  • Open-Concept Dining Room
  • Cottage
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • Ceiling height of 9 feet on the main level

About This Home

As of October 2016

Wonderful cottage overlooking the Mobile Bay. Great sunsets, kayaking and peddle boarding. This luxury 2 bedroom 2 bat home was renovated in 2015. Brand new appliances, paint cabinets, granite, etc. Lots of extras. Great location and views. Home is fully furnished for $3250/month or available to rent for $2950/month unfurnished. Possession 1 to 15 days

Last Agent to Rent the Property

Sandy Wise

Wise Living Real Estate, LLC License #99130 Listed on: 10/01/2016

Last Renter's Agent

Kiel Rubio

Wise Living Real Estate, LLC License #109408

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1900

Lot Details

  • 0.29

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Open-Concept Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Dock Access
  • Patio

Schools

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

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Community Details

  • Fruit & Nut District Subdivision

Listing and Financial Details

  • Security Deposit $3,250
  • 24 Month Lease Term
  • Assessor Parcel Number 4603370011069000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1900

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Deposit: 3250
  • Lease Term: 24 Months

Listing Details

  • Standard Status: Closed
  • Legal Description: 60 X 160 LOT 3 BLK 3 MAGNOLIA BEACH ADDITION TO THE TOWN O F FAIRHOPE MISC1 PG296 CITY OF FAIRHOPE GR 37-T6S-R2E CASE 2 3486 (PERS REP WD)
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1900
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Dining Room Features: Open Concept
  • Square Footage: 1457.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Wood Siding
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Management: Owner Managed
  • Subdivision Complex: FRUIT & NUT DISTRICT

Schools

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

Lot Info

  • Parcel Number: 4603370011069000
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 46-03-37-0-011-069.000
  • Close Date: 2016-10-01

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

Closed on
Feb 12, 2021
Sold by
Finley Robert Michael
Bought by
Finley Robert Michael and Finley Leah Williams
Current Estimated Value
$739,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Outstanding Balance
$293,553
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$446,135

Purchase Details

Closed on
Dec 27, 2012
Sold by
Finley Leah Williams and Finley Robert Michael
Bought by
Finley Robert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Mills James E
Bought by
Williams Mills William W and Williams Mills Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mills William Woodard
Bought by
Mills Leah Williams and Mills William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2006
Sold by
Song Grove Development Llc
Bought by
Mills William Woodard
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
Finley Robert Michael -- None Available
Finley Robert Michael $350,000 None Available
Williams Mills William W -- Gtc
Mills Leah Williams -- Guarantee Title Company Llc
Mills William Woodard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finley Robert Michael $328,500
Closed Finley Robert Michael $250,000
Closed Williams Mills William W $250,000
Previous Owner Mills Leah Williams $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2016 10/01/16 Rented $2,950 0.0% --
10/30/2015 10/30/15 Sold $750,000 0.0% $515 / Sq Ft View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $750,000 +66.7% $515 / Sq Ft
05/22/2013 05/22/13 Sold $450,000 0.0% $315 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/20/2007 04/20/07 For Sale $450,000 -- $315 / 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 $2,698 $59,640 $9,000 $50,640
2023 $2,604 $57,580 $9,240 $48,340
2022 $2,239 $49,660 $0 $0
2021 $2,062 $44,920 $0 $0
2020 $1,994 $44,320 $0 $0
2019 $1,957 $46,560 $0 $0
2018 $1,853 $44,140 $0 $0
2017 $1,721 $41,080 $0 $0
2016 $1,596 $38,160 $0 $0
2015 $1,467 $35,160 $0 $0
2014 $1,358 $32,620 $0 $0
2013 -- $32,920 $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: 0537705

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-05-21-0-000-002.051