NOT LISTED FOR SALE

478 Colony Dr Fairhope, AL 36532

Estimated Value: $1,398,000 - $1,596,571

4 Beds
4 Baths
3,332 Sq Ft
$447/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,500,000 $450 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,336/month

Highlights

  • Lake Front
  • Gated Community
  • Family Room with Fireplace
  • Fairhope Primary School Rated A-
  • FORTIFIED Gold
  • Wood Flooring

About This Home

As of May 2023

For Comp Purposes only

Last Agent to Sell the Property

Knox McMurphy

Ashurst & Niemeyer LLC Listed on: 05/30/2023

Last Buyer's Agent

Cindy Zebryk

Coldwell Banker Reehl Prop Fairhope

Coldwell Banker Reehl Prop Fairhope

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 2018

Lot Details

  • 0.45 Acre Lot
  • Lake Front

HOA Fees

  • $685 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Dimensional Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 3,332 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Open Floorplan
  • Screened Porch
  • Utility Room
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Detached Garage
  • Automatic Garage Door Opener
  • Golf Cart Garage

Eco-Friendly Details

  • FORTIFIED Gold
  • Energy-Efficient Insulation

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

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

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Power Generator
  • Grinder Pump

Listing and Financial Details

  • Assessor Parcel Number 46-09-30-0-000-078.100

Community Details

Overview

  • Association fees include management, common area maintenance
  • Battles Trace At The Colony Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,800

Year Built

Built in 2018

Lot Details

0

HOA Fees

$685 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Wood Frame, Slab, Fortified-Gold
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), High Ceilings, Irrigation Sprinkler, Patio, Porch-Screened, Termite Contract, Window Treatments, Built-In Gas Grill, Porch-Back
  • Property Type: Residential Detached
  • Restrictive Covenants: Yes
  • Style: Cottage
  • View: Direct Lake Front, Western View
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: 46-09-30-0-000-078.100
  • Year Built: 2018
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope, Baldwin County
  • Living Room Group: Living/Dining
  • Property Legal Description: 90.1' X 222.3 IRR LOT 85 BATTLES TRACE AT THE COLONY PH 3 SL IDE 2585 A-C REVISED SLIDE 2626 C-E LYI
  • Subdivsn Or Commnty: Battles Trace at The Colony
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector, Washer
  • Estimated Living Area: 3332
  • Balcony Size: 12x38
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 12x13, On Level: Main Level
  • Bedroom 3: Dimensions: 12x13, On Level: 2
  • Bedroom 4: Dimensions: 14x13, On Level: 2
  • Bedrooms: 4
  • Dining Area: Dimensions: 11x16, On Level: Main Level
  • Dining Area Type: Breakfast Bar, Dining/Kitchen Combo, Lvg/Dng/Ktchn Combo
  • Fireplace: Family Room, Gas Logs, Great Room, Outdoor
  • Floors: Carpet, Tile, Wood
  • Kitchen: Dimensions: 12x17, On Level: Main Level
  • Living Dining: Dimensions: 21x17, On Level: Main Level
  • Master Bed: Dimensions: 14x14, On Level: Main Level
  • Number Of Fireplaces: 2
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 450.18
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

  • Exterior Finish: Concrete Board
  • Roof: Dimensional
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Detached, Double Garage, Golf Cart

Utilities

  • Heat Cooling: Heat Pump, Heat Pump (Cool)
  • Utilities: Gas-Natural, Grinder Pump, Sewage-City, Underground Utilities, Water-City, Fairhope Utilities, Generator Built In

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 685
  • Association Fees Include: Association Management, Common Area Maintenance
  • Community Amenities: Gated

Schools

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

Lot Info

  • Estimated Lot Size: 0.447
  • Lot Description: Less Than 1 Acre
  • Lot Size: 90.1' X 222.3 IRR

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Extra Insulation, Hvac (SEER 16+)

Tax Info

  • Property Taxes: 5800
  • Assessor Parcel Number: 372149

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
Nov 1, 2021
Closed on
Jan 13, 2022
Sold by
Grillo Mark J and Grillo Mary C
Bought by
Bray Family Trust
Seller's Agent
Walter Billups
The Colony at the Grand Realty
Buyer's Agent
Knox McMurphy
Ashurst & Niemeyer LLC
List Price
$1,295,500
Sold Price
$1,320,000
Premium/Discount to List
$24,500
1.89%
Current Estimated Value
$1,488,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,143
Avg. Annual Appreciation
3.05%

Purchase Details

Listed on
Oct 2, 2017
Closed on
Apr 30, 2018
Sold by
The Employees Retirement System Of Alaba
Bought by
Grillo Mark J and Grillo Mary C
Seller's Agent
Robert Barker
Wise Living Real Estate, LLC
Buyer's Agent
Robert Barker
Wise Living Real Estate, LLC
Sold Price
$802,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Bray Family Trust
Bought by
Frank William Van Kirk Jr Revocable Trust
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
Bray Family Trust $1,320,000 Irby & Heard Pc
Grillo Mark J $802,500 None Available
Frank William Van Kirk Jr Revocable Trust $1,500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,500,000 0.0% $450 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $1,500,000 +13.6% $450 / Sq Ft
01/14/2022 01/14/22 Sold $1,320,000 +1.9% $396 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $1,295,500 +61.4% $389 / Sq Ft
04/30/2018 04/30/18 Sold $802,442 -- $243 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
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 $6,509 $141,500 $33,300 $108,200
2023 $6,075 $132,060 $30,000 $102,060
2022 $4,479 $97,360 $0 $0
2021 $3,770 $81,460 $0 $0
2020 $3,566 $77,520 $0 $0
2019 $3,301 $76,760 $0 $0
2018 $0 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 355621

Baldwin REALTORS®

APN: 46-09-30-0-000-078.100