NOT LISTED FOR SALE

503 Richmond Cir Fairhope, AL 36532

Estimated Value: $652,000 - $815,000

3 Beds
2.5 Baths
2,426 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $399,900 $165 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,009/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of September 2019

Beautifully updated 3 bedroom 2.5 bath home minutes from Fly Creek, downtown Fairhope, Volanta Park and Fairhope Elementary School! If you're looking for location, value, and a fantastic floor plan - this is it! This wonderful family home's interior features: new paint throughout; a gorgeous great-room with an abundance of natural lighting, vaulted ceilings w/ exposed cedar beams. Great room also features newly installed wood flooring. Owner has installed new interior door hardware; a new HVAC (installed July 2018) with high-efficiency variable speed air handler, new duct work, digital Honeywell thermostat (wi-fi enabled) with remote operation capability; outside compressor (replaced in 2017); Whole house water softening system; pex plumbing; new insulated overhead garage door (installed 2018). Kitchen features a smooth top range w/ oven, a second oven (great when cooking for a crowd), granite counter tops, solid cherry wood cabinets, and two sinks. If you love feeding a big crowd, check this out - there is an eat-in kitchen PLUS the dining room in this home is incredibly spacious and has smooth ceilings and a fireplace (new chimney cap. Chimneysweep cleaned / serviced chimney flue and firebox)! Home has a separate entryway/foyer, and a large private office on the main floor great for your home business, hobby room, or entertainment area. There's so much to love about the exterior, too - including the new exterior paint! This home is located on a partially shaded lot that has a fenced back yard and a separate dog run. There is a freshly cleaned and graveled Koi pond with a rock waterfall that you can hear from the multi-level back deck. If DIY is your passion, you'll love the 16' X 16' detached workshop in the back yard that has a separate electric panel, an exhaust fan, and a window a/c. All of this for less than $400K! Don't miss out on this home! Call today to schedule your showing. More photos coming soon! Seller is a licensed AL real estate agent.

Last Agent to Sell the Property

Emily Cantin

EXIT Allstar Gulf Coast Realty License #75944 Listed on: 07/30/2019

Last Buyer's Agent

Lisa Broadhead

Wise Living Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1983

Lot Details

  • Fenced
  • Few Trees

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,426 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • 1 Fireplace
  • Termite Clearance

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • Garage
  • Automatic Garage Door Opener

Schools

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

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Richmond Square Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 46-03-08-0-002-043.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame
  • Construction Status: Resale
  • Flood Zone: X
  • Home Warranty: Yes
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), Fenced, Irrigation Sprinkler, Storage Building, Termite Contract, Vaulted Ceiling
  • Property Type: Residential Detached
  • Style: Traditional
  • Parcel Id Tax Id: 46-03-08-0-002-043.010
  • Year Built: 1983
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Richmond Square
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 2426
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12' X 16', On Level: 2
  • Bedroom 3: Dimensions: 13' X 9', On Level: 2
  • Bedrooms: 3
  • Breakfast Room: Dimensions: 10' X 12', On Level: Main Level
  • Dining Area: Dimensions: 16' X 20', On Level: Main Level
  • Floors: Carpet, Wood
  • Great Room: Dimensions: 17' X 22', On Level: Main Level
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 14' X 9', On Level: Main Level
  • Master Bed: Dimensions: 13' X 15', On Level: Main Level
  • Number Of Fireplaces: 1
  • Other Room: Dimensions: 10' X 13', On Level: Main Level
  • Price Per Sq Ft: 164.84
  • Property Interior Stories: 1.5
  • Primary Bedroom Bathrooms: Double Vanity, 1st Floor Primary

Exterior Features

  • Exterior Finish: Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-Septic, Fairhope Utilities

Schools

  • Intermediate School: Fairhope Intermediate

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 11
  • Lot Description: Less Than 1 Acre, Some Trees

Tax Info

  • Property Taxes: 691.29
  • Assessor Parcel Number: 45190

MLS Schools

  • Elementary School: Fairhope Elementary
  • HighSchool: Fairhope High
  • Middle School: Fairhope Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 13, 2019
Sold by
Shipps Peter E and Jordan Amanda C
Bought by
Lundberg Matthew and Lundberg Kelly E
Seller's Agent
Emily Cantin
EXIT Allstar Gulf Coast Realty
Buyer's Agent
Lisa Broadhead
Wise Living Real Estate, LLC
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$717,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,729
Avg. Annual Appreciation
10.04%
Original Mortgage
$319,920
Outstanding Balance
$280,225
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$437,404

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 29, 2018
Sold by
Hutchinson Linda B
Bought by
Shipps Peter E and Jordan Amanda C
Seller's Agent
Stacy Cramton
The Property Shop
Buyer's Agent
Randy Niemeyer
Ashurst & Niemeyer, LLC - Downtown
List Price
$339,000
Sold Price
$336,000
Premium/Discount to List
-$3,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$319,650
Interest Rate
4.38%
Mortgage Type
New Conventional
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
Lundberg Matthew $399,900 None Available
Shipps Peter E $336,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundberg Matthew $319,920
Previous Owner Shipps Peter E $319,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2019 09/17/19 Sold $399,900 0.0% $165 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $399,900 +19.0% $165 / Sq Ft
03/29/2018 03/29/18 Sold $336,000 -0.9% $137 / Sq Ft View Prior Sale
02/20/2018 02/20/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $339,000 -- $138 / 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 $2,811 $62,080 $16,640 $45,440
2023 $2,445 $54,140 $17,640 $36,500
2022 $2,187 $95,060 $0 $0
2021 $3,708 $73,220 $0 $0
2020 $3,388 $73,660 $0 $0
2019 $1,383 $33,220 $0 $0
2018 $691 $27,800 $0 $0
2017 $691 $26,280 $0 $0
2016 $691 $24,000 $0 $0
2015 $691 $22,860 $0 $0
2014 $691 $19,960 $0 $0
2013 -- $19,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Emily Cantin

    EXIT Allstar Gulf Coast Realty

    Section Image
  • Lisa Broadhead

    Buyer's Agent in 2019

    Lisa Broadhead

    Wise Living Real Estate, LLC

    (251) 725-4306

    8 in this area

    27 Total Sales

    Lisa Broadhead
    Section Image

  • S

    Seller's Agent in 2018

    Stacy Cramton

    The Property Shop

    (251) 626-2909

    4 in this area

    16 Total Sales

    Stacy Cramton
    Section Image
  • Randy Niemeyer

    Buyer's Agent in 2018

    Randy Niemeyer

    Ashurst & Niemeyer, LLC - Downtown

    (251) 929-2150

    65 in this area

    114 Total Sales

    Randy Niemeyer
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 287126

Baldwin REALTORS®

APN: 46-03-08-0-002-043.010

Alabama Baldwin County Fairhope 36532

503 Richmond Cir, Fairhope, AL

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