NOT LISTED FOR SALE

506 Oak Place Fairfield, AL 35064

Estimated Value: $53,000 - $89,000

3 Beds
1 Bath
2,232 Sq Ft
$33/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $70,000 $31 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $426/month

1 Day on Market

Highlights

  • Den
  • 1-Story Property
  • 5-minute walk to Fairfield City Park
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2023

Move-In Ready. 3 bedrooms/1 bath. HVAC replaced 2021. Great investment property or starter home!

Last Agent to Sell the Property

Brandi Ard

Decas Group, Inc. Listed on: 01/25/2023

Co-Listed By

Matthew Farris

eXp Realty, LLC Central

Last Buyer's Agent

Amanda Dabbs

RealtySouth-MB-Crestline

RealtySouth-MB-Crestline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $312

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • Garage on Main Level

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Den
  • Laminate Flooring
  • Crawl Space
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Donald Elementary School
  • Fairfield Middle School
  • Fairfield High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$312

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1343889?w=PubMLS
  • Living Area: 2232
  • Legal Description: LOT 8 BLK 66 A TENN LAND COS RESUR OF COREY
  • List Price per Sq Ft: 29.08
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1920
  • Price Per Sq Ft: 31.36
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Floors: Hardwood Laminate
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Den1|Bedroom1|Bedroom1|Bedroom1|FullBath1|Kitchen1|
  • Room 1: Den/Family, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 1116
  • Upper Level Sq Ft: 1116

Exterior Features

  • Construction: Siding-Other
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Parking (MLVL)

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 2232

Schools

  • Elementary School: DONALD
  • Middle School: FAIRFIELD
  • High School: FAIRFIELD

Lot Info

  • Assessor Parcel Number: 30-00-12-2-030-008.000
  • Number Acres: 0.08

Tax Info

  • Tax District: FAIRFIELD
  • Annual Tax: 312

MLS Schools

  • Elementary School: DONALD
  • High School: FAIRFIELD
  • Jr Middle School: FAIRFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Stokes Ahmad
Bought by
City Ventures Properties Llc
Current Estimated Value
$73,963

Purchase Details

Listed on
Jan 25, 2023
Closed on
Feb 24, 2023
Sold by
Onalabamawebet Llc
Bought by
Stokes Ahmad
Seller's Agent
Brandi Ard
Decas Group, Inc.
Buyer's Agent
Amanda Dabbs
RealtySouth-MB-Crestline
List Price
$64,900
Sold Price
$70,000
Premium/Discount to List
$5,100
7.86%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$52,500
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2021
Sold by
Century Revitalization Grp Llc
Bought by
Onalabamawebet Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2021
Sold by
Phillips William A
Bought by
Century Revitalization Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
City Ventures Properties Llc $25,500 None Listed On Document
Stokes Ahmad $70,000 --
Onalabamawebet Llc $48,800 --
Century Revitalization Grp Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stokes Ahmad $52,500
Previous Owner Century Revitalization Grp Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $70,000 +7.9% $31 / Sq Ft
01/25/2023 01/25/23 For Sale $64,900 -- $29 / Sq Ft
Source: Greater Alabama MLS

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 $380 $5,100 -- --
2022 $311 $4,180 $1,020 $3,160
2021 $311 $4,180 $1,020 $3,160
2020 $386 $4,980 $1,020 $3,960
2019 $371 $6,560 $0 $0
2018 $463 $6,220 $0 $0
2017 $463 $6,220 $0 $0
2016 $221 $2,960 $0 $0
2015 $270 $2,960 $0 $0
2014 $280 $3,560 $0 $0
2013 $280 $3,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1343889

Greater Alabama MLS

APN: 30-00-12-2-030-008.000