NOT LISTED FOR SALE

506 Washington Dr Fairhope, AL 36532

Estimated Value: $610,000 - $760,000

3 Beds
3.5 Baths
3,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $439,000 $129 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,628/month

23 Days on Market

Highlights

  • Den with Fireplace
  • Traditional Architecture
  • Attached Garage
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • Side Porch

About This Home

As of May 2021

Welcome to 506 Washington Drive. This unique property has been within in the same family for over 3 generations. This home is located in the Heart of Fairhope. Walking distance to local parks, restaurants, shopping and Fairhope West Elementary School. Inside the home you will be greeted with a beautiful foyer that leads to a family room, kitchen and dinning area, naturally made for entertaining. The Main floor also features a sitting room that could be used as an office and a bonus room where great memories can be made. Enjoy all the natural light this addition has to offer. Master bedroom is huge and unique with his and hers separate full bathrooms and a wood burning fire place. The other bedrooms share a full bath. New BRONZED CERTIFIED ROOF. The HVAC is just a little over a year old. Beautiful European Oak Floors. Updated kitchen cabinets. No CARPET. 3 car garage and a lot more all situated on great lot.

Last Agent to Sell the Property

Tracie Sweat

Bayside Real Estate Group Listed on: 03/05/2021

Last Buyer's Agent

Megan Sage

Roberts Brothers, Inc Malbis License #113659

Roberts Brothers, Inc Malbis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1970

Lot Details

  • 0.36

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den with Fireplace
  • 2 Fireplaces

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Side Porch
  • Lot Dimensions are 110.5x141.1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46-03-08-0-003-013.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Ceiling Fan(s), Irrigation Sprinkler, Porch-Side
  • Property Type: Residential Detached
  • Style: Traditional
  • Parcel Id Tax Id: 46-03-08-0-003-013.000
  • Year Built: 1970
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 3400
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 18x10 x 11.3, On Level: Lower Level
  • Bedroom 3: Dimensions: 14 x 11, On Level: Lower Level
  • Bedrooms: 3
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Fireplace: Den, Master Bedroom, Woodburning
  • Floors: Tile, Vinyl, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13x12, On Level: Main Level
  • Living Room: Dimensions: 18x12, On Level: Main Level
  • Master Bed: Dimensions: 20.7 x 13.11, On Level: Lower Level
  • Primary Bedroom Bathroom: Separate Shower, Fireplace, Other - See Remarks, Tub/Shower Combo
  • Number Of Fireplaces: 2
  • Other Rooms: Office/Study
  • Price Per Sq Ft: 129.12
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, Three Car Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Fairhope Utilities

Lot Info

  • Lot Block Unit: 4
  • Lot Description: Less Than 1 Acre
  • Lot Size: 110.5X141.1
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 758.24
  • Assessor Parcel Number: 16464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 28, 2021
Sold by
Scarborough Robert W and Scarborough Lori K
Bought by
Ellenburg John Michael and Ellenburg Katie Elizabeth
Seller's Agent
Tracie Sweat
Bayside Real Estate Group
Buyer's Agent
Megan Sage
Roberts Brothers, Inc Malbis
List Price
$444,000
Sold Price
$439,000
Premium/Discount to List
-$5,000
-1.13%
Current Estimated Value
$652,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,200
Avg. Annual Appreciation
9.26%
Original Mortgage
$395,100
Outstanding Balance
$357,714
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$294,486

Purchase Details

Closed on
Apr 15, 2016
Sold by
Kahlbau Wayne L and Kahlbau Lorice G
Bought by
Scarbrough Robert W and Scarbrough Lori K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.68%
Mortgage Type
New Conventional
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
Ellenburg John Michael $439,000 Atc
Scarbrough Robert W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellenburg John Michael $395,100
Previous Owner Scarbrough Robert W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $439,000 0.0% $129 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $439,000 -1.1% $129 / Sq Ft
03/05/2021 03/05/21 For Sale $444,000 -- $131 / 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 $2,374 $52,580 $15,840 $36,740
2023 $2,144 $47,580 $16,800 $30,780
2022 $1,875 $41,740 $0 $0
2021 $1,651 $37,300 $0 $0
2020 $1,504 $33,680 $0 $0
2019 $758 $33,380 $0 $0
2018 $758 $30,680 $0 $0
2017 $758 $28,900 $0 $0
2016 $663 $21,580 $0 $0
2015 -- $20,400 $0 $0
2014 -- $19,180 $0 $0
2013 -- $18,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracie Sweat

    Seller's Agent in 2021

    Tracie Sweat

    Bayside Real Estate Group

    (251) 747-5932

    56 in this area

    284 Total Sales

    Tracie Sweat
    Section Image

  • M

    Buyer's Agent in 2021

    Megan Sage

    Roberts Brothers, Inc Malbis

    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 310435

Baldwin REALTORS®

APN: 46-03-08-0-003-013.000

Alabama Baldwin County Fairhope 36532

506 Washington Dr, Fairhope, AL

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.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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