NOT LISTED FOR SALE

460 S Section St Fairhope, AL 36532

Estimated Value: $263,000 - $989,764

2.44 Acres
$234,812 Price per Acre
106,286 Sq Ft Lot

Last Sold September 14, 2016

Last sale price $558,000

Est. 3% increase in value since last sale

Current estimated payment $3,150/month

65 Days on Market

Highlights

  • 2.44 Acre Lot
  • Fairhope West Elementary School Rated A-
  • Corner Lot

About This Lot

As of September 2016

2.44 acres of prime property in the heart of Fairhope. Walking distance to town and the bay. HUGE development potential!Currently used as radio station/tower site. There is a 1307 sqft building on the property that offers two offices, lobby/reception space, studio, conference room, bathroom, break room and electronics room. Property is zoned R-3. No sign.

Last Agent to Sell the Property

Shannon Hesse Smart

South Coast Properties Listed on: 03/09/2016

Last Buyer's Agent

Tamatha McElmurry

Cottage Properties, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,587

Lot Details

  • 2.44 Acre Lot
  • Corner Lot

Location

  • Mineral Rights

Community Details

  • Fairhope Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,587

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Intersecting Street: Pecan
  • Mineral Rights: Owner Conveys If Any
  • Property Type: Land
  • Zoning Area: Single Family Residence
  • Associated Document Count: 1
  • Lot Type: Corner
  • Subdivsn Or Commnty: Fairhope
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 228688.52

Exterior Features

  • Water Property Type: No Waterfront
  • Road Description: City Street
  • Road Frontage: 467.6

Utilities

  • Utilities: Sewage-City, Water-City

Lot Info

  • Estimated Lot Size: 2.44
  • Lot Description: 1-3 Acres

Tax Info

  • Property Taxes: 3587
  • Assessor Parcel Number: 077181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Sep 14, 2016
Sold by
Klh Enterprises Llc
Bought by
Mcelmurry Homes Inc
Seller's Agent
Shannon Hesse Smart
South Coast Properties
Buyer's Agent
Tamatha McElmurry
Cottage Properties, LLC
List Price
$558,000
Sold Price
$558,000
Current Estimated Value
$572,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,941
Avg. Annual Appreciation
0.29%
Original Mortgage
$446,400
Outstanding Balance
$356,796
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$216,145

Purchase Details

Closed on
Jan 24, 2014
Sold by
Hindsight Llc
Bought by
Klh Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End 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
Mcelmurry Homes Inc $558,400 None Available
Klh Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelmurry Homes Inc $446,400
Previous Owner Klh Enterprises Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $558,000 0.0% --
05/13/2016 05/13/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $558,000 -- --
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 $1,745 $37,940 $37,940 $0
2023 $1,718 $37,340 $37,340 $0
2022 $1,572 $34,180 $0 $0
2021 $1,478 $32,140 $0 $0
2020 $985 $21,420 $0 $0
2019 $789 $18,360 $0 $0
2018 $658 $15,300 $0 $0
2017 $4,737 $110,160 $0 $0
2016 $3,611 $83,980 $0 $0
2015 -- $83,420 $0 $0
2014 -- $83,700 $0 $0
2013 -- $83,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Hesse Smart

    Seller's Agent in 2016

    Shannon Hesse Smart

    South Coast Properties

    (205) 305-7200

    74 in this area

    184 Total Sales

    Shannon Hesse Smart
    Section Image
  • Tamatha McElmurry

    Buyer's Agent in 2016

    Tamatha McElmurry

    Cottage Properties, LLC

    (251) 209-6650

    11 in this area

    19 Total Sales

    Tamatha McElmurry
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 236901

Baldwin REALTORS®

APN: 46-03-37-0-014-105.000

Alabama Baldwin County Fairhope 36532

460 S Section St, Fairhope, AL

This home is located at 460 S Section St, Fairhope, AL 36532 since 09 March 2016 and is currently estimated at $572,941. 460 S Section St is a home located in Baldwin County with nearby schools including Fairhope West Elementary School, Fairhope Middle School, and Fairhope High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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