NOT LISTED FOR SALE

502 Horton Ln Fairhope, AL 36532

Estimated Value: $317,000 - $390,197

3 Beds
2 Baths
1,315 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 07, 2025

Last sale price $320,000 $243 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,133/month

6 Days on Market

Highlights

  • Community Beach Access
  • Fishing
  • Wood Flooring
  • Fairhope West Elementary School Rated A-
  • Ranch Style House
  • Home Office

About This Home

As of July 2025

Charming Brick Ranch in Fairhope’s Fruit & Nut District! Looking for your next home makeover project? This classic brick ranch, nestled in the highly sought-after Fruit and Nut District of Fairhope, is full of potential and ready for a little TLC. Just a short stroll to the scenic Mobile Bay, local dining, and boutique shopping — it’s the perfect blend of location and opportunity. Bring your vision and make this gem shine! Property Being Sold "As Is". *Prime Location *Established Neighborhood *Great Investment Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Lorena Gregorius

Roberts Brothers Eastern Shore License #12916 Listed on: 06/02/2025

Roberts Brothers Eastern Shore

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100x90
  • Level Lot
  • Back Yard Fenced and Front Yard
  • Land Lease

Home Design

  • Ranch Style House
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,315 Sq Ft Home
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • 220 Volts in Garage
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6/47 / 6/47
  • Assessor Parcel Number 4603370014164503

Community Details

Recreation

  • Community Beach Access
  • Fishing

Additional Features

  • Magnolia Beach Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,575

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Year Built: 1961
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Wood
  • Appliances: Electric Range, Gas Water Heater
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bedroom, Bathroom, Dining Room, Kitchen, Living Room, Master Bedroom, Office
  • Square Footage: 1315.00
  • Spa Features: None
  • Window Features: Wood Frames

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Brick 4 Sides, Frame
  • Roof Type: Composition
  • Fencing: Back Yard
  • Pool Private: No
  • Foundation: Pillar/Post/Pier

Garage/Parking

  • Number of Carport Spaces: 1
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Carport, Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Gas
  • Heating: Central, Electric
  • Utilities: Sewer Available, Electricity Available
  • Electric: 110 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • Community Features: Beach Access, Fishing, Restaurant
  • Subdivision Complex: MAGNOLIA BEACH

Lot Info

  • Acres: 0.2000
  • Lot: 6/47
  • Lot Features: Front Yard, Level
  • Lot Dimensions: 100x90
  • Parcel Number: 4603370014164503
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1575.00
  • Tax Year: 2025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2025
Closed on
Jul 7, 2025
Sold by
Zyriek Nancy Virginia and Bulman William Raymond
Bought by
Winston Horton Llc
Seller's Agent
Lorena Gregorius
Roberts Brothers Eastern Shore
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
List Price
$400,000
Sold Price
$320,000
Premium/Discount to List
-$80,000
-20%
Views
32
Current Estimated Value
$338,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,299
Avg. Annual Appreciation
10.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winston Horton Llc $320,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $320,000 -20.0% $243 / Sq Ft
06/08/2025 06/08/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $400,000 -- $304 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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 -- $34,240 $19,540 $14,700
2023 $0 $31,200 $19,220 $11,980
2022 $0 $27,220 $0 $0
2021 $0 $22,780 $0 $0
2020 $0 $21,700 $0 $0
2019 $0 $20,640 $0 $0
2018 $0 $18,920 $0 $0
2017 $0 $18,020 $0 $0
2016 $0 $16,920 $0 $0
2015 -- $13,920 $0 $0
2014 -- $13,380 $0 $0
2013 -- $13,540 $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: 7589890

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-37-0-014-164.503