NOT LISTED FOR SALE

506 Equality Ave Fairhope, AL 36532

Estimated Value: $493,947 - $868,000

3 Beds
2 Baths
1,989 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $405,550 $204 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,307/month

4 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 1-Story Property
  • Fairhope West Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2022

Location, location, location! In the heart of downtown Fairhope, this 3/2 ranch style home with large lot has so much potential. Lots rarely come available in this area! Back alley entrance for parking. Large living spaces and sunroom. Mature trees. Walking distance to downtown Fairhope and Mobile Bay. SOLD AS IS.

Last Agent to Sell the Property

Robin Coleman

Courtney & Morris Daphne Listed on: 12/09/2021

Last Buyer's Agent

Sharon Lavender

EXIT Realty Gulf Shores

EXIT Realty Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1973

Lot Details

  • 9,365

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,989 Sq Ft Home
  • 1-Story Property

Kitchen

  • Convection Oven
  • Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 66x142
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-007-073.509

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,281

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Property Type: Residential Detached
  • Style: Ranch
  • Parcel Id Tax Id: 46-03-37-0-007-073.509
  • Year Built: 1973
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Cooktop
  • Estimated Living Area: 1989
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 8x10, On Level: Main Level
  • Bedroom 3: Dimensions: 8x10, On Level: Main Level
  • Bedrooms: 3
  • Floors: Carpet, Tile, Wood, Laminate
  • Kitchen: Dimensions: 10x12, On Level: Main Level
  • Living Dining: Dimensions: 16x20, On Level: Main Level
  • Master Bed: Dimensions: 10x12, On Level: Main Level
  • Primary Bedroom Bathroom: Shower Only, 1st Floor Master
  • Price Per Sq Ft: 203.9
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Fairhope Utilities

Lot Info

  • Lot Description: Less Than 1 Acre
  • Lot Size: 66x142

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1281.10
  • Assessor Parcel Number: 15322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Allegri George Michael
Bought by
Allegri Melissa Chapman
Current Estimated Value
$599,737

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 19, 2022
Sold by
Becker Joyce C
Bought by
Allegri George Michael and Allegri Melissa Chapman
Seller's Agent
Robin Coleman
Courtney & Morris Daphne
Buyer's Agent
Sharon Lavender
EXIT Realty Gulf Shores
List Price
$402,500
Sold Price
$405,550
Premium/Discount to List
$3,050
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
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
Allegri Melissa Chapman $195,000 None Listed On Document
Allegri Melissa Chapman $195,000 None Listed On Document
Allegri George Michael $405,550 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $405,550 +0.8% $204 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $402,500 -- $202 / 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 $1,747 $38,960 $18,540 $20,420
2023 $1,640 $36,620 $19,660 $16,960
2022 $0 $31,860 $0 $0
2021 $0 $28,760 $0 $0
2020 $0 $25,600 $0 $0
2019 $0 $24,560 $0 $0
2018 $0 $23,080 $0 $0
2017 $0 $22,100 $0 $0
2016 $0 $18,700 $0 $0
2015 -- $18,060 $0 $0
2014 -- $15,740 $0 $0
2013 -- $15,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Coleman

    Seller's Agent in 2022

    Robin Coleman

    Courtney & Morris Daphne

    (251) 656-5356

    48 in this area

    68 Total Sales

    Robin Coleman
    Section Image
  • Sharon Lavender

    Buyer's Agent in 2022

    Sharon Lavender

    EXIT Realty Gulf Shores

    (251) 947-1170

    8 in this area

    53 Total Sales

    Sharon Lavender
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 323642

Baldwin REALTORS®

APN: 46-03-37-0-007-073.509

Alabama Baldwin County Fairhope 36532

506 Equality Ave, Fairhope, AL

Not Listed for Sale

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