NOT LISTED FOR SALE

503 Patlynn Dr Fairhope, AL 36532

Estimated Value: $556,000 - $745,000

0.29 Acre
$2,148,067 Price per Acre
12,415 Sq Ft Lot

Last Sold August 01, 2024

Last sale price $585,000 $279 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,382/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Combination Kitchen and Living
  • Screened Porch
  • Fairhope West Elementary School Rated A-
  • No HOA
  • Double Oven

About This Lot

As of August 2024

This beautiful ranch style home is less that one mile from the heart of downtown Fairhope and half a mile from Mobile Bay! The home sits on spacious quarter acre lot and features an open floor plan with newly renovated kitchen complete with custom cabinetry and quartz countertops, double ovens, a large kitchen island, and plenty of storage. Perfect for hosting! It also features a new bronze fortified roof, new plumbing throughout the home, a tankless gas water heater, and upgraded lighting, all done in 2020 and 2021. The home is located in a very sought after neighborhood and is the perfect location for walking in to town, down to the bay, or just around the surrounding area! Don't miss out on this one! Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Shaye Stillman

Mobile Bay Realty Listed on: 05/27/2024

Last Buyer's Agent

Carrie Mackey

Mobile Bay Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 113' x 110'
  • Fenced
  • Sprinkler System

Home Design

  • Ranch Property
  • Brick or Stone Mason
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Living
  • Screened Porch
  • Tile Flooring
  • Laundry in unit

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Private Water Closet
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 21 / 21
  • Assessor Parcel Number 4603370003001.041

Community Details

Overview

  • No Home Owners Association

Recreation

  • Balcony
  • Patio
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$1,869

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 4603370003001.041
  • Year Built: 1988
  • Property Sub-Type: Ranch
  • ResoCommunityFeatures: None
  • Reso Fencing: Fenced
  • ResoLaundryFeatures: Inside
  • ResoLotFeatures: Less than 1 acre
  • Lot Size Acres: 0.285
  • ResoSecurityFeatures: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Co List Office Phone: 251-230-7555
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: None
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Seller
  • Carport Y N: No
  • Reso Fireplace Features: Living Room, Wood Burning
  • Reso Interior Features: Ceiling Fan(s), En-Suite, High Ceilings, Internet, Vaulted Ceiling(s)
  • Unit Levels: One
  • Living Area: 2100
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Gas Range, Refrigerator w/Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Stories: 1
  • Dining Room Features: Lvg/Dng/Ktchn Combo, See Remarks
  • Master Bedroom Features: 1st Floor Primary, Balcony/Patio
  • Master Bathroom Features: Shower Only, Private Water Closet

Exterior Features

  • Roof: Dimensional
  • Waterfront: No
  • View: No
  • Waterfront Features: No Waterfront
  • Construction Type: Brick
  • Exterior Features: Irrigation Sprinkler, Storage, Termite Contract
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio, Porch-Screened

Garage/Parking

  • Covered Parking Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Double Garage, Automatic Garage Door

Utilities

  • Utilities: Fairhope Utilities
  • Heating: Electric, Heat Pump
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 113' x 110'
  • Lot Size Sq Ft: 12414.6
  • ResoLotSizeUnits: Square Feet
  • Number Of Lots: 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1869.44
  • Tax Block: 21
  • Tax Lot: 21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Aug 1, 2024
Sold by
Stillman Derek and Stillman Shaye
Bought by
Hobgood Jerry Wright and Pole Megan Emily
Seller's Agent
Shaye Stillman
Mobile Bay Realty
Buyer's Agent
Carrie Mackey
Mobile Bay Realty
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Views
36
Current Estimated Value
$612,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,199
Avg. Annual Appreciation
3.73%
Original Mortgage
$585,000
Outstanding Balance
$578,380
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$33,819

Purchase Details

Closed on
Aug 25, 2016
Sold by
Ewell Pamela Balch
Bought by
Ewell Pamela Balch and Ewell Stephen A

Purchase Details

Closed on
Jun 22, 2016
Sold by
Balch Mary H and Balch Ewell Pamela
Bought by
Balch Ewell Pamela
Source: Public Records

Range of Values:

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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
Hobgood Jerry Wright $585,000 None Listed On Document
Ewell Pamela Balch $119,500 None Available
Balch Ewell Pamela -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobgood Jerry Wright $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $585,000 -2.3% $279 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $599,000 0.0% $285 / Sq Ft
06/12/2024 06/12/24 For Sale $599,000 -2.6% $285 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $615,000 -- $293 / 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 $1,939 $43,140 $17,420 $25,720
2023 $1,824 $40,640 $18,480 $22,160
2022 $1,589 $35,520 $0 $0
2021 $1,392 $31,860 $0 $0
2020 $2,586 $56,220 $0 $0
2019 $2,273 $52,860 $0 $0
2018 $2,110 $49,060 $0 $0
2017 $2,001 $46,540 $0 $0
2016 $606 $23,840 $0 $0
2015 $606 $22,780 $0 $0
2014 $606 $19,380 $0 $0
2013 -- $18,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 362914

Baldwin REALTORS®

APN: 46-03-37-0-003-001.041