NOT LISTED FOR SALE

407 Grand Ave Fairhope, AL 36532

Estimated Value: $548,000 - $625,909

3 Beds
2 Baths
-- Sq Ft
0.29 Acres

Last Sold August 14, 2020

Last sale price $158,000

Est. 277% increase in value since last sale

Current estimated payment $3,345/month

333 Days on Market

About This Home

As of August 2020

Have you been searching for the perfect lot in Downtown Fairhope to build your dream home? 407 Grand Avenue is just a short walk from Fairhope Elementary and The Coffee Loft. No HOA, flat and partially cleared and just minutes away from everything Downtown Fairhope has to offer. Sellers will include engineered house plans drawn up specifically for this location.

Last Agent to Sell the Property

Renee Marshall

EXIT Realty Lyon & Assoc.Fhope Listed on: 07/05/2019

EXIT Realty Lyon & Assoc.Fhope

Last Buyer's Agent

Amy Cuny

ARK Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $894

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 66 x 190
  • Level Lot

Schools

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

Community Details

  • Volanta Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-003-042.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$894

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Intersecting Street: North Section Street
  • Property Type: Residential Lots
  • Zoning Area: Single Family Residence
  • Suitable Use: Single Family
  • Associated Document Count: 1
  • Lot Type: Lot
  • Parcel Id Tax Id: 46-03-37-0-003-042.000
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope
  • Subdivsn Or Commnty: Volanta
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per Sq Ft: 544827.59

Exterior Features

  • Water Property Type: No Waterfront

Utilities

  • Utilities: Fairhope Utilities

Schools

  • Intermediate School: Fairhope Intermediate

Lot Info

  • Estimated Lot Size: 0.29
  • Lot Block Unit: 15/24
  • Lot Description: Less Than 1 Acre, Level
  • Lot Size: 66 x 190
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 893.84
  • Assessor Parcel Number: 892

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 12, 2020
Sold by
Armstrong Clayton Ellis and Armstrong Michelle Truelove
Bought by
Fung Troy M and Anderson Fung Jennifer
Seller's Agent
Renee Marshall
EXIT Realty Lyon & Assoc.Fhope
Buyer's Agent
Amy Cuny
ARK Real Estate, LLC
List Price
$179,900
Sold Price
$158,000
Premium/Discount to List
-$21,900
-12.17%
Current Estimated Value
$595,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,977
Avg. Annual Appreciation
29.02%
Original Mortgage
$466,450
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 3, 2017
Sold by
Will Jason M and Will Diana M
Bought by
Armstrong Clayton Ellis and Armstrong Michelle Truelove
Seller's Agent
Jason Will
JPAR Coast & County Birmingham
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.90%
Original Mortgage
$389,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jan 28, 2016
Sold by
Morrison H Joseph
Bought by
Will Jason M and Will Diana M
Seller's Agent
Dorothy Yeager
Trustmark National Bank
Buyer's Agent
JWRE Coastal Team
JWRE
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.17%
Original Mortgage
$60,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
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
Fung Troy M $158,000 None Available
Armstrong Clayton Ellis $100,000 None Available
Will Jason M $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fung Troy M $466,450
Previous Owner Armstrong Clayton Ellis $389,000
Previous Owner Will Jason M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $158,000 -7.0% --
06/02/2020 06/02/20 Pending -- -- --
12/11/2019 12/11/19 Price Changed $169,900 -5.6% --
07/05/2019 07/05/19 For Sale $179,900 +79.9% --
09/11/2017 09/11/17 Sold $100,000 0.0% -- View Prior Sale
08/11/2017 08/11/17 Sold $100,000 0.0% -- View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
05/08/2017 05/08/17 Pending -- -- --
05/18/2016 05/18/16 For Sale $100,000 -16.7% --
01/28/2016 01/28/16 Sold $120,000 0.0% -- View Prior Sale
07/12/2015 07/12/15 Pending -- -- --
07/10/2012 07/10/12 For Sale $120,000 -- --
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 $2,521 $55,780 $17,420 $38,360
2023 $2,302 $51,020 $18,480 $32,540
2022 $4,098 $89,080 $0 $0
2021 $1,336 $29,040 $0 $0
2020 $1,113 $24,200 $0 $0
2019 $860 $20,000 $0 $0
2018 $860 $20,000 $0 $0
2017 $860 $20,000 $0 $0
2016 $602 $14,000 $0 $0
2015 -- $12,000 $0 $0
2014 -- $9,000 $0 $0
2013 -- $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Marshall

    Seller's Agent in 2020

    Renee Marshall

    EXIT Realty Lyon & Assoc.Fhope

    (251) 421-2614

    35 in this area

    106 Total Sales

    Renee Marshall
    Section Image
  • Amy Cuny

    Buyer's Agent in 2020

    Amy Cuny

    ARK Real Estate, LLC

    (251) 709-4331

    40 in this area

    126 Total Sales

    Amy Cuny
    Section Image

  • J

    Seller's Agent in 2017

    Jason Will

    JPAR Coast & County Birmingham

    Section Image

  • J

    Seller's Agent in 2017

    JWRE Coastal Team

    JWRE

  • AUDREY MCCRORY

    Buyer's Agent in 2017

    AUDREY MCCRORY

    Scenic Realty Group LLC

    (850) 982-6958

    39 Total Sales

    AUDREY MCCRORY
    Section Image

  • D

    Seller's Agent in 2016

    Dorothy Yeager

    Trustmark National Bank

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 286050

Baldwin REALTORS®

APN: 46-03-37-0-003-042.000

Alabama Baldwin County Fairhope 36532

407 Grand Ave, Fairhope, AL

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Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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