NOT LISTED FOR SALE

50 Fairhope Ave Unit 4 Fairhope, AL 36532

Estimated Value: $331,000 - $556,000

1 Bed
1 Bath
625 Sq Ft
$352/mo HOA Fee

Last Sold June 25, 2024

Last sale price $376,500 $602 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,717/month

1 Day on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Main Floor Primary Bedroom
  • Rear Porch
  • Fairhope West Elementary School Rated A-
  • End Unit
  • 1-minute walk to Fairhope Municipal Park

About This Home

As of June 2024

Location, Location, Location! Imagine panoramic views of the Fairhope Bluff from every window and watching sunsets, concerts and plays, from your covered porch or on the meticulously landscaped lawn. You no longer need to imagine as this stunning condo can be yours! As you enter the elegant foyer of Maison Jaycie and into unit 4, you know you are in a special place. This unit features granite counters in the kitchen and bath, luxury vinyl plank floors throughout (2023), and a stunning tiled shower (2023). The covered back porch offers steps down to the lawn for easy access to the bluff and pier. Each unit owner also has access to a private 8 x 10 storage unit and a shared laundry facility with 2 sets of washers and dryers in the basement. While the clothes are washing, walk downtown for a delicious lunch or browse in some of the nearby shops. Don't miss this rare opportunity to own such a unique property! Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Daphne Cook

eXp Realty Southern Branch Listed on: 06/08/2024

eXp Realty Southern Branch

Co-Listed By

Jeffrey Cook

eXp Realty Southern Branch

Last Buyer's Agent

Daphne Cook

eXp Realty Southern Branch Listed on: 06/08/2024

eXp Realty Southern Branch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1940

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • No Units Located Below

HOA Fees

  • $352 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 625 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage
  • Bay Views
  • Termite Clearance

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Single Vanity
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 1 Parking Space
  • Parking Lot

Outdoor Features

  • Access to Bay or Harbor
  • Rear Porch

Schools

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

Utilities

  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Assessor Parcel Number 4603370010005.501904

Community Details

Overview

  • Association fees include management, common area insurance, ground maintenance, pest control, reserve funds, trash, water/sewer
  • 6 Units

Amenities

  • Laundry Facilities
  • Lobby

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,670

Year Built

Built in 1940

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Residential
  • View: Direct Bay-Across Rd
  • Parcel Number: 4603370010005.501904
  • Year Built: 1940
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Common Lobby, Condo 1-Bdrms in Complex, Covered Entry
  • ResoLaundryFeatures: Common Area
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 888-923-5547
  • Co List Office Phone: 888-923-5547
  • Ownership: Condominium
  • MLS Status: Closed
  • Subdivision Name: Maison Jaycie
  • ResoBuildingAreaSource: Seller
  • Carport Y N: No
  • Entry Level: 1
  • Reso Interior Features: Other Rooms (See Remarks), Ceiling Fan(s), Storage
  • Unit Levels: One
  • Living Area: 625
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Stories: 1
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: 1st Floor Primary
  • Master Bathroom Features: Shower Only, Single Vanity

Exterior Features

  • Roof: Composition
  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Bay Access (Wlk <=1/4 Mi), Bay Front - Building
  • Home Warranty: No
  • Common Walls: Corner Unit, No One Below
  • Construction Type: Stucco, Solid Masonry
  • Exterior Features: Termite Contract
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Utilities: Fairhope Utilities
  • Heating: Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 352
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Area Insurance, Maintenance Grounds, Pest Control, Reserve Funds, Trash, Water/Sewer

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Other-See Remarks
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2669.84
  • Tax Block: 4
  • Tax Lot: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jun 25, 2024
Sold by
Cole Mary D and Cole Karen B
Bought by
Brasseaux Joseph Evan and Brasseaux Doreen Oquin
Seller's Agent
Daphne Cook
eXp Realty Southern Branch
Buyer's Agent
Daphne Cook
eXp Realty Southern Branch
List Price
$369,000
Sold Price
$376,500
Premium/Discount to List
$7,500
2.03%
Views
52
Current Estimated Value
$409,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,763
Avg. Annual Appreciation
6.42%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 6, 2020
Sold by
Rose Richard H Hall and Hall Rose M
Bought by
Cole Mary D and Cole Karen B
Seller's Agent
Daphne Cook
eXp Realty Southern Branch
Buyer's Agent
Daphne Cook
eXp Realty Southern Branch
List Price
$278,900
Sold Price
$268,000
Premium/Discount to List
-$10,900
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$201,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Crum Richard M and Crum Jacquelyn J
Bought by
Hall Richard H and Hall Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac
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
Brasseaux Joseph Evan $376,500 None Listed On Document
Cole Mary D $268,000 None Available
Hall Richard H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Mary D $201,000
Previous Owner Hall Richard H $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $376,500 +2.0% $602 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $369,000 +37.7% $590 / Sq Ft
10/06/2020 10/06/20 Sold $268,000 -3.9% $429 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $278,900 -- $446 / 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 -- $30,180 $0 $30,180
2023 $2,670 $58,040 $0 $58,040
2022 $2,451 $53,280 $0 $0
2021 $1,124 $48,880 $0 $0
2020 $0 $18,640 $0 $0
2019 $0 $18,020 $0 $0
2018 $775 $18,020 $0 $0
2017 $769 $17,880 $0 $0
2016 $741 $17,240 $0 $0
2015 -- $16,260 $0 $0
2014 -- $16,260 $0 $0
2013 -- $16,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 363462

Baldwin REALTORS®

APN: 46-03-37-0-010-005.501-904