NOT LISTED FOR SALE

505 Nichols Ave Fairhope, AL 36532

Estimated Value: $281,000 - $363,000

3 Beds
1 Bath
1,085 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 505 Nichols Ave, Fairhope, AL 36532 and is currently estimated at $331,827, approximately $305 per square foot. 505 Nichols Ave is a home located in Baldwin County with nearby schools including Fairhope Primary School, Fairhope Middle School, and Fairhope High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Lipscomb Michael Ross
Bought by
Sawyer Aubrey Bernie
Current Estimated Value
$331,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,450
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Lipscomb Joy
Bought by
Lipscomb Michael R

Purchase Details

Closed on
Jul 2, 2010
Sold by
Lipscomb James Alan
Bought by
Lipscomb Michael R and Lipscomb Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,063
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2007
Sold by
Bella Properties Llc
Bought by
Lipscomb James Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,780
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Flowers Kerry B and Flowers Christy N
Bought by
Schmitt Keith and Schmitt Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Day Dennis L
Bought by
Flowers Kerry B and Flowers Christy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sawyer Aubrey Bernie $270,000 None Listed On Document
Lipscomb Michael R $99,500 None Available
Lipscomb Michael R -- None Available
Lipscomb James Alan -- None Available
Schmitt Keith -- None Available
Bella Properties Llc -- None Available
Flowers Kerry B -- None Available
Flowers Kerry B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sawyer Aubrey Bernie $9,450
Open Sawyer Aubrey Bernie $265,109
Previous Owner Lipscomb Michael R $125,300
Previous Owner Lipscomb Michael R $13,063
Previous Owner Lipscomb James Alan $135,780
Previous Owner Schmitt Keith $149,000
Previous Owner Flowers Kerry B $56,000
Source: Public Records

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 $2,742 $59,600 $45,140 $14,460
2023 $2,938 $63,880 $47,880 $16,000
2022 $2,542 $55,260 $0 $0
2021 $2,292 $50,140 $0 $0
2020 $2,111 $45,900 $0 $0
2019 $1,963 $45,640 $0 $0
2018 $830 $20,360 $0 $0
2017 $810 $19,880 $0 $0
2016 $542 $13,640 $0 $0
2015 -- $11,760 $0 $0
2014 -- $9,940 $0 $0
2013 -- $9,440 $0 $0
Source: Public Records

Map

Alabama Baldwin County Fairhope 36532

505 Nichols Ave, Fairhope, AL

This home is located at 505 Nichols Ave, Fairhope, AL 36532 and is currently estimated at $331,827, approximately $305 per square foot. 505 Nichols Ave is a home located in Baldwin County with nearby schools including Fairhope Primary School, Fairhope Middle School, and Fairhope High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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