NOT LISTED FOR SALE

500 Washington Dr Fairhope, AL 36532

Estimated Value: $619,000 - $828,000

3 Beds
3 Baths
3,360 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $275,000 $82 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $4,208/month

Highlights

  • Gated Community
  • Traditional Architecture
  • Ceiling height of 9 feet on the main level
  • Fairhope West Elementary School Rated A-
  • Formal Dining Room
  • Front Porch

About This Home

As of May 2020

Situated in the popular Colonial Acres neighborhood of Fairhope, this large 3/3 home sits on a large lot with tons of parking space on the circular drive as well as a large 2 car side entry garage on the lower level of the lot. The curb appeal is wow and will have you envisioning year round memories on the classic large front porch!! Step inside to find a separate formal dining area to your right as well a bedroom to your left. The large open living rooms sits adjacent to a large open kitchen with gas burners on the island as well as a unique contemporary layout and design with the cabinets and counters. A large heated and cooled Florida room stretches across the entire back side of the house and provides views of your private back yard. The Master bedroom is large with its own private entrance to the Florida room and a nice large master bath with built in shelves in the walk-in closet. Head downstairs to find a perfect 3rd bedroom and attached full bath that can be utilized as an in-law suite with its own private entrance through the garage as well as a private covered back porch. The utility room is downstairs as well as is large enough for any high efficiency washer and dryer. With an ideal location that is a golf cart ride away from downtown and minutes away from Highway 98, this well priced home won't last long!!

Last Agent to Sell the Property

Owen Gill

JPAR Gulf Coast License #108749-1 Listed on: 05/04/2020

JPAR Gulf Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 1990

Lot Details

  • 0.48

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Additional Features

  • Lot Dimensions are 162x123
  • Central Heating and Cooling System

Community Details

  • Colonial Acres Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4603080003010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 150' X 141.8' RESUB OF COLONIAL ACRES PART 1 BLK 2 LOT 1 MB5 PG9 SEC 8-T6S-R2E (SP WD)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1990
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3360.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Front Porch, Patio, Rear Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: COLONIAL ACRES

Lot Info

  • Lot Dimensions: 162x123
  • Parcel Number: 4603080003010000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

MLS Schools

  • Elementary School: Fairhope East
  • High School: Fairhope
  • Middle School: Fairhope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
May 15, 2020
Sold by
Chmielewski Mary and Estate Of Yvonne Speer Hoover
Bought by
Lee Brian Joseph and Lee Brittani Gaston
Seller's Agent
Owen Gill
JPAR Gulf Coast
Sold Price
$275,000
Current Estimated Value
$752,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,536
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Fannie Mae
Bought by
Hoover Yvonne Speer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Brewer Sonny E and Brewer Diana J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 14, 2005
Sold by
Miller Linwood L and Miller Patricia B
Bought by
Brewer Sonny E and Brewer Diana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.66%
Mortgage Type
Purchase Money 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
Lee Brian Joseph $275,000 None Available
Hoover Yvonne Speer $147,000 None Available
Federal National Mortgage Association $307,742 None Available
Brewer Sonny E $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoover Yvonne Speer $117,600
Previous Owner Brewer Sonny E $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $275,000 0.0% $82 / Sq Ft
05/15/2020 05/15/20 Sold $275,000 -8.3% $82 / Sq Ft View Prior Sale
05/04/2020 05/04/20 Pending -- -- --
05/04/2020 05/04/20 Pending -- -- --
04/14/2020 04/14/20 Price Changed $300,000 0.0% $89 / Sq Ft
04/14/2020 04/14/20 For Sale $300,000 -7.7% $89 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $324,900 -- $97 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $2,997 $66,120 $15,840 $50,280
2023 $1,702 $37,980 $16,800 $21,180
2022 $1,483 $33,220 $0 $0
2021 $1,471 $25,940 $0 $0
2020 $1,377 $29,940 $0 $0
2019 $1,266 $29,440 $0 $0
2018 $1,170 $27,200 $0 $0
2017 $0 $25,700 $0 $0
2016 $964 $23,460 $0 $0
2015 -- $22,320 $0 $0
2014 -- $20,940 $0 $0
2013 -- $20,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0636362

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-08-0-003-010.000