NOT LISTED FOR SALE

Estimated Value: $297,652 - $507,000

0.35 Acre
$1,136,894 Price per Acre
15,246 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $207,000

Est. 92% increase in value since last sale

Current estimated payment $2,226/month

1 Day on Market

About This Lot

As of March 2022

Location, location, location!!! An incredible wooded lot located on South Section Street within walking distance to downtown Fairhope! This an amazing opportunity to build your dream home in this quaint, scenic town! The lot has 163 frontage feet on South Section with beautiful mature trees. It is the ideal location for enjoying all that Fairhope has to offer. Fairhope has been recognized by Southern Living as one of the South's top destinations. Zoned for Fairhope West Elementary. Come see it today!

Last Agent to Sell the Property

Nikki Cotney

Waters Edge Realty License #140513 Listed on: 02/12/2022

Last Buyer's Agent

Kendall Wahlert

Waters Edge Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,600

Lot Details

  • 0.35 Acre Lot
  • Finished Lot(s)

Schools

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

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-015-159.002

Property Details

Property Type

Land

Est. Annual Taxes

$1,600

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Property Type: Residential Lots
  • View: Western View
  • Lot Type: Lot
  • Parcel Id Tax Id: 46-03-37-0-015-159.002
  • Geo Subdivision: AL
  • Property Legal Description: 163.15' X 125.02' IRR LOT 1 CUMBIE'S CORNER MAP B 11 PG 116 BEG 580' N INT E ROW SEC ST AND N ROW PE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 591428.57

Exterior Features

  • Water Property Type: No Waterfront
  • Road Frontage: 163

Utilities

  • Utilities: Fairhope Utilities

Lot Info

  • Estimated Lot Size: 0.35
  • Lot Description: Less Than 1 Acre
  • Lot Size: .35
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 1599.8
  • Assessor Parcel Number: 50140

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 7, 2022
Sold by
Lazzari Victor C and Lazzari Jeanne H
Bought by
Burrage Dan and Burrage Jo Anne
Seller's Agent
Nikki Cotney
Waters Edge Realty
Buyer's Agent
Kendall Wahlert
Waters Edge Realty
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%
Current Estimated Value
$397,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,913
Avg. Annual Appreciation
18.29%

Purchase Details

Closed on
Oct 4, 2007
Sold by
Houston Holdings Of Florida Llc
Bought by
Lazzari Victor C and Lazzari Jeanne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Burkett Juanita
Bought by
Houston Holdings Of Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burrage Dan $207,000 Hays Kevin
Lazzari Victor C -- None Available
Houston Holdings Of Florida Llc -- Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazzari Victor C $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $207,000 -3.7% --
02/13/2022 02/13/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $215,000 -- --
Source: Baldwin REALTORS®

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 $1,897 $41,240 $20,700 $20,540
2023 $2,019 $43,900 $43,900 $0
2022 $1,731 $37,620 $0 $0
2021 $1,600 $34,780 $0 $0
2020 $1,443 $31,360 $0 $0
2019 $1,348 $31,360 $0 $0
2018 $1,207 $28,060 $0 $0
2017 $1,207 $28,060 $0 $0
2016 $1,022 $23,760 $0 $0
2015 $908 $21,120 $0 $0
2014 $738 $17,160 $0 $0
2013 -- $15,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 326124

Baldwin REALTORS®

APN: 46-03-37-0-015-159.002