NOT LISTED FOR SALE

505 Pomelo St Fairhope, AL 36532

Estimated Value: $492,000 - $532,000

2 Beds
1 Bath
1,141 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $295,000 $259 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,068/month

28 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Detached Garage
  • Fairhope West Elementary School Rated A-
  • Breakfast Area or Nook
  • Level Lot

About This Home

As of March 2018

BEST PRICE in Fruit & Nut District!! See this remodeled & freshly painted Clay City tile home with refinished hardwood floors, fresh interior paint, all new cabinets, an island and upgraded stainless appliances including a BOSCH dishwasher & a GE Monogram range hood over the Samsung 5 burner gas range. Home is on an oversized lot, including two back yards!! The single car garage has a new door, huge laundry and storage area which is already plumbed if you wanted to convert this into a mother-in-law suite. Seller is offering $2,500 for granite allowance! Make your appointment to see this remodeled cottage today!

Last Agent to Sell the Property

The Taylor Team

Gulf Coast Experts Realty Grp License #93208 Listed on: 02/01/2018

Last Buyer's Agent

Donna Cook

Baldwin County Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1955

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 80x156x45x49x35x107
  • Level Lot
  • Few Trees

Parking

  • Detached Garage

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Community Details

  • Fruit & Nut District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-013-017.509

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,197

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers, Other Foundation-See Rm
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: Liberty
  • Property Type: Residential Detached
  • Style: Cottage
  • Parcel Id Tax Id: 46-03-37-0-013-017.509
  • Year Built: 1955
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope, Baldwin County
  • Subdivsn Or Commnty: Fruit & Nut District
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1141
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 12x10, On Level: Main Level
  • Bedrooms: 2
  • Dining Area Type: Breakfast Area-Kitchen
  • Floors: Wood
  • Kitchen: Dimensions: 15'8x1, On Level: Main Level
  • Living Room: Dimensions: 13x17, On Level: Main Level
  • Master Bed: Dimensions: 17x12, On Level: Main Level
  • Price Per Sq Ft: 258.55
  • Property Interior Stories: 1

Exterior Features

  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Detached, Single Garage

Utilities

  • Heat Cooling: Central Gas
  • Utilities: Sewage-City, Water-City

Condo/Co-op/Association

  • Condo Building Stories: 1

Lot Info

  • Estimated Lot Size: 0.5
  • Lot Block Unit: 2
  • Lot Description: Level, Some Trees
  • Lot Size: 80x156x45x49x35x107
  • Number Lots: 1

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1196.84
  • Assessor Parcel Number: 14723

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
Feb 1, 2018
Closed on
Mar 27, 2018
Sold by
Keshock Michael Edward
Bought by
New Direction Ira Inc
Seller's Agent
The Taylor Team
Gulf Coast Experts Realty Grp
Buyer's Agent
Donna Cook
Baldwin County Properties, Inc
List Price
$329,000
Sold Price
$295,000
Premium/Discount to List
-$34,000
-10.33%
Current Estimated Value
$510,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,661
Avg. Annual Appreciation
7.50%

Purchase Details

Listed on
Feb 17, 2010
Closed on
Jun 2, 2014
Sold by
Barker Stein Rachel T and Barker Stein Jr George
Bought by
Keshock Michael Edward
Buyer's Agent
Leigh Johnson
Mannich Real Estate, Inc.
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$172,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
New Direction Ira Inc -- None Available
Keshock Michael Edward $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keshock Michael Edward $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2018 03/29/18 Sold $295,000 -6.3% $259 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/23/2018 02/23/18 Price Changed $315,000 -4.3% $276 / Sq Ft
02/01/2018 02/01/18 For Sale $329,000 +53.0% $288 / Sq Ft
06/02/2014 06/02/14 Sold $215,000 0.0% $188 / Sq Ft View Prior Sale
05/09/2014 05/09/14 Pending -- -- --
02/15/2010 02/15/10 For Sale $215,000 -- $188 / 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 $4,741 $103,060 $78,120 $24,940
2023 $4,469 $97,160 $76,860 $20,300
2022 $4,011 $87,200 $0 $0
2021 $3,197 $69,500 $0 $0
2020 $0 $65,800 $0 $0
2019 $0 $62,480 $0 $0
2018 $1,172 $28,300 $0 $0
2017 $1,145 $27,680 $0 $0
2016 $1,197 $28,880 $0 $0
2015 -- $20,480 $0 $0
2014 -- $35,120 $0 $0
2013 -- $31,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 264928

Baldwin REALTORS®

APN: 46-03-37-0-013-017.509