NOT LISTED FOR SALE

505 Patlynn Dr Fairhope, AL 36532

Estimated Value: $540,970 - $558,000

0.29 Acre
$1,921,905 Price per Acre
12,415 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $532,500 $273 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,160/month

86 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Double Oven
  • Fairhope Primary School Rated A-
  • Formal Dining Room
  • Cul-De-Sac

About This Lot

As of August 2024

Beautiful home in an established neighborhood in Fairhope. Located within walking distance to school, downtown, and parks. French doors lead to large deck overlooking landscaped backyard, including flagstone patio. Great room includes wood burning fireplace, built-in cabinets, and a wet bar with built-in ice maker. Laundry room features overhead storage and countertop with a sink. Additional indoor storage off the laundry room with separate entry from the garage (once used as a darkroom).Nice sized bedrooms and bathroomsNew Alabama Fortified Roof in 2023New storm proof windows in 2023New flooring installed in 2023Entire homes plumbing replaced in 2016Heat/Air inside unit new in 2015

Last Agent to Sell the Property

Ralph Harvey

List With Freedom, Inc Listed on: 04/18/2024

List With Freedom, Inc

Last Buyer's Agent

Savannah Hannon

The Market Real Estate Co LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 115 x 115
  • Cul-De-Sac
  • Fenced

Home Design

  • Ranch Property
  • Brick or Stone Mason
  • Slab Foundation

Interior Spaces

  • 1,949 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Formal Dining Room
  • Termite Clearance
  • Laundry on main level

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / 22
  • Assessor Parcel Number 4603370003001.042

Community Details

Overview

  • No Home Owners Association

Recreation

  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$1,977

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 4603370003001.042
  • Year Built: 1989
  • Property Sub-Type: Ranch
  • ResoCommunityFeatures: None
  • Reso Fencing: Fenced
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Less than 1 acre, Cul-De-Sac
  • Lot Size Acres: 0.285
  • Co List Office Phone: 855-456-4945
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: The Pines
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Seller
  • Carport Y N: No
  • Reso Fireplace Features: Gas Log
  • Reso Interior Features: Vaulted Ceiling(s)
  • Unit Levels: One
  • Living Area: 1949
  • 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, Electric Range, Refrigerator, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Stories: 1
  • Dining Room Features: Separate Dining Room
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Living Room Area: 400
  • Room Kitchen Area: 240
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 280
  • Room Dining Room Area: 180
  • Master Bathroom Features: Separate Shower, Tub/Shower Combo

Exterior Features

  • Roof: See Remarks
  • Waterfront: No
  • View: No
  • Waterfront Features: No Waterfront
  • Construction Type: Brick
  • Exterior Features: Termite Contract
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Fairhope Utilities
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 115 x 115
  • Lot Size Sq Ft: 12414.6
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1977.08
  • Tax Block: 22
  • Tax Lot: 22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Aug 8, 2024
Sold by
Jill Wyrick B and Jill Mary
Bought by
Rush Leslie Vaughan and Rush Emily Hamilton
Seller's Agent
Ralph Harvey
List With Freedom, Inc
Buyer's Agent
Savannah Hannon
The Market Real Estate Co LLC
List Price
$579,000
Sold Price
$532,500
Premium/Discount to List
-$46,500
-8.03%
Views
71
Current Estimated Value
$547,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,243
Avg. Annual Appreciation
2.72%
Original Mortgage
$426,000
Outstanding Balance
$421,937
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$125,806

Purchase Details

Closed on
Oct 3, 2016
Sold by
Shores Robert Wesley
Bought by
Wyrick David and Wyrick Jill Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,763
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2010
Sold by
Higbee Nancy Ann Schoepflin
Bought by
Schoepflin Howard
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
Rush Leslie Vaughan $532,500 None Listed On Document
Wyrick David $32,870 None Available
Schoepflin Howard $104,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rush Leslie Vaughan $426,000
Closed Rush Leslie Vaughan $426,000
Previous Owner Wyrick Beckham David $336,000
Previous Owner Wyrick B David B $231,293
Previous Owner Wyrick Beckham D $40,000
Previous Owner Wyrick David $256,763
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $532,500 -8.0% $273 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $579,000 -- $297 / 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 $2,099 $45,640 $17,420 $28,220
2023 $1,977 $42,980 $18,480 $24,500
2022 $1,565 $34,020 $0 $0
2021 $1,438 $30,540 $0 $0
2020 $1,294 $28,140 $0 $0
2019 $1,125 $26,160 $0 $0
2018 $1,045 $24,300 $0 $0
2017 $823 $23,080 $0 $0
2016 $875 $24,500 $0 $0
2015 $837 $23,460 $0 $0
2014 $710 $19,980 $0 $0
2013 -- $19,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 361119

Baldwin REALTORS®

APN: 46-03-37-0-003-001.042