NOT LISTED FOR SALE

507 Nichols Ave Fairhope, AL 36532

Fairhope Area

Estimated Value: $275,000 - $352,061

3 Beds
2 Baths
1,200 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2021

Last sale price $238,000 $198 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,925 / mo

6 Days on Market

Highlights

  • Open-Concept Dining Room
  • Wood Burning Stove
  • Cottage
  • Fairhope West Elementary School Rated A-
  • 1 Fireplace
  • Ceramic Tile Flooring

About This Home

As of April 2021

Vacant and Easy to Show! Excellent Location!!! ROOF replaced 2013! AC replaced in 2014! NEWLY Painted Exterior Brick! This Adorable Cottage is within walking distance of Downtown Fairhope! Enjoy all the festive activities and unique dining and shopping opportunities that Fairhope has to offer! Also, Mobile Bay is a short drive with magnificent sunsets and refreshing bay breezes. Upon entering the home, you're greeted by the quaint living room, complete with wood burning fireplace, perfect for chilly evenings by the fire! To your left is the dining area, kitchen & indoor laundry room. Follow the hallway to 3 spacious bedrooms, guest bathroom and Master bath. The home has a spacious backyard with storage shed that conveys. Tile flooring throughout. Property has a great rental history! Call Today!

Last Agent to Sell the Property

Alison Ward

Mobile Bay Realty License #107471 Listed on: 02/26/2021

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 0.8

Home Design

  • Cottage
  • Wood Siding
  • Brick Front

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Open-Concept Dining Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Central Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370008071002

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0.8 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: 52.3' X 123.9' IRR PT OF LOT 19 & PT OF LOT 1 CENTRAL PARK A DDN BLK 4 MB1 PG101 IN THE CITY OF FAIRHOPE DESC AS BEG AT T HE NE COR LOT 19 SD SUB RUN NE 50', TH SE 118', TH W ALG N R /W OF NICHOLS AVE 52.3', TH NW 117.3' TO THE POB IN THE CITY OF FAI RHOPE GR SEC 37-T6S-R2E (WD - TENANTS-IN-COMMON/SURVI VORSHIP)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1982
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1200.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick Front, Wood Siding
  • Exterior Features: Storage
  • Foundation: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: CENTRAL PARK

Lot Info

  • Lot Dimensions: 52.3' X 123.9' IRR
  • Parcel Number: 4603370008071002
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

MLS Schools

  • Elementary School: Fairhope East
  • High School: Fairhope
  • Middle School: Fairhope

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 23, 2021
Sold by
Schmitt Keith and Schmitt Jennifer
Bought by
Seller's Agent
Alison Ward
Mobile Bay Realty
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$238,000
Current Estimated Value
$327,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,566
Avg. Annual Appreciation
6.05%
Original Mortgage
$213,962
Outstanding Balance
$191,953
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$134,062
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Fairhope, AL

  • Susan Trawick Real Estate Agent - Engel and Volkers Gulf Shores

    Susan Trawick

    Engel and Volkers Gulf Shores

    (251) 607-1862

    35 Total Sales

    1 in Fairhope

    $485,000 Price

    Susan Trawick
     Section Image
  • Laura Reeves Real Estate Agent - Coastal Alabama Real Estate

    Laura Reeves

    Coastal Alabama Real Estate

    (251) 319-4917

    153 Total Sales

    14 in Fairhope

    $345K - $1.3M Price Range

    Laura Reeves
     Section Image
  • Morgan Ashurst Real Estate Agent - Ashurst & Niemeyer, LLC

    Morgan Ashurst

    Ashurst & Niemeyer, LLC

    (251) 319-4760

    78 Total Sales

    43 in Fairhope

    $45K - $3.3M Price Range

    Morgan Ashurst
     Section Image
  • Judy Niemeyer Real Estate Agent - Ashurst & Niemeyer, LLC

    Judy Niemeyer

    Responds Quickly

    Ashurst & Niemeyer, LLC

    (251) 620-5040

    168 Total Sales

    158 in Fairhope

    $50K - $4.4M Price Range

    Judy Niemeyer
     Section Image
  • Mary Jane Owen Real Estate Agent - Crescent Sotheby's Intl Realty-Fairhope

    Mary Jane Owen

    Crescent Sotheby's Intl Realty-Fairhope

    (251) 270-4092

    30 Total Sales

    13 in Fairhope

    $395K - $849K Price Range

    Mary Jane Owen
     Section Image
  • Shannon Hesse Smart Real Estate Agent - South Coast Properties

    Shannon Hesse Smart

    South Coast Properties

    (659) 202-6915

    164 Total Sales

    74 in Fairhope

    $173K - $1.9M Price Range

    Shannon Hesse Smart
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$238,000 Hays Kevin
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $213,962
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $238,000 0.0% $198 / Sq Ft
04/23/2021 04/23/21 Sold $238,000 -3.3% $198 / Sq Ft View Prior Sale
03/04/2021 03/04/21 Pending -- -- --
02/26/2021 02/26/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $246,000 -0.6% $205 / Sq Ft
01/09/2021 01/09/21 Price Changed $247,500 -1.0% $206 / Sq Ft
12/03/2020 12/03/20 Price Changed $250,000 -3.1% $208 / Sq Ft
11/09/2020 11/09/20 For Sale $258,000 -- $215 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,507 $33,740 $22,500 $11,240
2024 $1,425 $31,960 $21,160 $10,800
2023 $1,403 $31,480 $22,440 $9,040
2022 $1,261 $27,420 $0 $0
2021 $2,234 $48,560 $0 $0
2020 $2,051 $44,580 $0 $0
2019 $1,902 $44,240 $0 $0
2018 $1,699 $39,520 $0 $0
2017 $1,660 $38,600 $0 $0
2016 $1,246 $28,980 $0 $0
2015 $1,085 $25,240 $0 $0
2014 $927 $21,420 $0 $0
2013 -- $20,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • AW

    Seller's Agent in 2021

    Alison Ward

    Mobile Bay Realty

    2 Total Sales

    Alison Ward
    Section Image

  • NL

    Buyer's Agent in 2021

    NOT MULTIPLE LISTING

    NOT MULTILPLE LISTING

  • Angel Curtin Real Estate Agent - Baldwin County Properties, Inc.

    Buyer's Agent in 2021

    Angel Curtin

    Baldwin County Properties, Inc.

    (251) 423-7535

    72 Total Sales

    Angel Curtin
    Section Image
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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0646415

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-37-0-008-071.000

Alabama Baldwin County Fairhope 36532

507 Nichols Ave, 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.

Gulf Coast MLS (Mobile Area Association of 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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