NOT LISTED FOR SALE

462 Equality Ave Fairhope, AL 36532

Estimated Value: $578,000 - $889,000

2 Beds
2.5 Baths
2,137 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $389,000 $182 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,188/month

38 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Home Security System
  • Fairhope West Elementary School Rated A-
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of June 2018

Elegant two bedroom condo within 5 blocks of the center of Fairhope. Downstairs has a two car garage, storage room, kitchen, living and dining room and half bath. Upstairs has two large bedrooms, a small office, laundry room and two full baths. Only blocks from all Fairhope has to offer, restaurants, shopping, entertainment, etc.

Last Agent to Sell the Property

Randy Niemeyer

Ashurst & Niemeyer LLC Listed on: 04/30/2018

Last Buyer's Agent

SANDY WISE, IV

Wise Living Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 2002

Lot Details

  • 0.27

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,137 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • On-Street Parking

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include management, common area insurance, common area maintenance
  • Equality Place Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-007-071.502902

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 2002

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Security System, Termite Contract
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 46-03-37-0-007-071.502902
  • Year Built: 2002
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope, Baldwin County
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 2137
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 19x14, On Level: 2
  • Bedrooms: 2
  • Dining Area Type: Breakfast Bar, Lvg/Dng Combo
  • Fireplace: No Fireplace
  • Floors: Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 10x12, On Level: Main Level
  • Living Room: Dimensions: 15x22, On Level: Main Level
  • Master Bed: Dimensions: 19x15, On Level: 2
  • Other Room: Dimensions: 5x8, On Level: 2
  • Price Per Sq Ft: 182.03
  • Property Interior Stories: 2
  • Unit Floor: 1

Exterior Features

  • Exterior Finish: Stucco
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Number Of Parking Spaces: 2
  • Garage Parking: Attached, Double Garage, Condo: Covered Parking, On Street

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Sewage-City, Fairhope Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 3000
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance
  • Condo Building Stories: 2
  • Condo Complex: Equality Place

Schools

  • Intermediate School: Fairhope Intermediate

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 2

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1424.16
  • Assessor Parcel Number: 256172

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
Apr 30, 2018
Closed on
Jun 7, 2018
Sold by
Goodwyn Michelle Rhea
Bought by
Abernathy Meghann
Seller's Agent
Randy Niemeyer
Ashurst & Niemeyer LLC
Buyer's Agent
SANDY WISE, IV
Wise Living Real Estate, LLC
List Price
$400,000
Sold Price
$389,000
Premium/Discount to List
-$11,000
-2.75%
Current Estimated Value
$701,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,333
Avg. Annual Appreciation
8.23%
Original Mortgage
$377,330
Outstanding Balance
$326,327
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$375,006

Purchase Details

Closed on
May 31, 2012
Sold by
Ralston Maureen J
Bought by
Goodwyn Michelle Rhea
Source: Public Records

Range of Values:

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Average Value
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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
Abernathy Meghann $12,000 None Available
Goodwyn Michelle Rhea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abernathy Meghann $377,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Pending -- -- --
06/07/2018 06/07/18 Sold $389,000 -2.8% $182 / Sq Ft
04/30/2018 04/30/18 For Sale $400,000 -- $187 / Sq Ft
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 $2,905 $64,120 $0 $64,120
2023 $2,413 $53,440 $0 $53,440
2022 $2,163 $47,020 $0 $0
2021 $3,834 $83,340 $0 $0
2020 $0 $76,940 $0 $0
2019 $0 $76,940 $0 $0
2018 $1,424 $33,120 $0 $0
2017 $1,424 $33,120 $0 $0
2016 $1,379 $32,060 $0 $0
2015 -- $32,060 $0 $0
2014 -- $28,860 $0 $0
2013 -- $28,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 269039

Baldwin REALTORS®

APN: 46-03-37-0-007-071.502-902