NOT LISTED FOR SALE

508 Morphy Ave Fairhope, AL 36532

Estimated Value: $375,000 - $630,000

2 Beds
1 Bath
1,010 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $498,000 $493 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,992/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Front Porch
  • Fairhope West Elementary School Rated A-
  • Detached Garage
  • Outdoor Storage

About This Home

As of August 2021

On of a kind, historic cottage in the heart of downtown Fairhope. Originally constructed in 1925, this quaint home has been completely renovated inside and out! Located walking distance to downtown Fairhope-shops, restaurants, art, churches, library, theaters, parks, and Mobile Bay! Large corner lot. Master bedroom, bathroom, and laundry room added in 2000. Wiring was upgraded and replaced in entire home in 2000. Garage plumbing replaced 2000. Roof and gutters replaced 2017. Interior and exterior freshly painted. Hardwood floors are lovely custom milled throughout with new sub floor in 2018. Updated bathroom has shiplap walls, modern tile, custom wood shelving, new lighting, and beautiful vanity with loads of storage. Complete kitchen remodel in 2018-new counter tops, cabinetry, glass backsplash, stainless steel appliances, large sink. All lighting in entire home updated-fans and recessed. New blinds. Wood finishes done by master carpenter-barn doors, decorative molding, interior doors, closet doors (interior) and shutters and columns (exterior). Sump pit, sump pump and under house plastic installed 2018. Furnace and AC replaced 2020. All interior and exterior Emtek locks and knobs. Detached 2 car garage and 2 spacious storage/workrooms-one with shelving and electricity. Front porch 8x25. Storage 18x9 and 18x7. A must see! Great rental potential, perfect 2nd home, or/and cottage coastal living at its finest!

Last Agent to Sell the Property

Robin Coleman

Courtney & Morris Daphne Listed on: 07/22/2021

Last Buyer's Agent

Angel Curtin

Baldwin County Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 73x132
  • Historic Home

Parking

  • Detached Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Termite Clearance

Kitchen

  • Convection Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Front Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-008-081.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Storage-Out, Termite Contract, Porch-Front
  • Property Type: Residential Detached
  • Style: Historic
  • View: Wooded, Park
  • Parcel Id Tax Id: 46-03-37-0-008-081.001
  • Year Built: 1925
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Convection Oven, Range-Electric, Refrigerator W/Ice Maker, Cooktop
  • Estimated Living Area: 1010
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 11.5x10.5, On Level: Main Level
  • Bedrooms: 2
  • Dining Area: Dimensions: 12x12, On Level: Main Level
  • Floors: Tile, Wood
  • Kitchen: Dimensions: 12x13, On Level: Main Level
  • Living Room: Dimensions: 12x13, On Level: Main Level
  • Master Bed: Dimensions: 11x13, On Level: Main Level
  • Price Per Sq Ft: 493.07
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Brick, Wood, Stone
  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Detached, Double Garage

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Fairhope Utilities

Schools

  • Elementary School: Fairhope West Elementary
  • High School: Fairhope High

Lot Info

  • Lot Description: Less Than 1 Acre
  • Lot Size: 73x132

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 1062.60
  • Assessor Parcel Number: 110205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 18, 2021
Sold by
Laval Daniel R and Laval Robin M
Bought by
Smith Connie J
Seller's Agent
Robin Coleman
Courtney & Morris Daphne
Buyer's Agent
Angel Curtin
Baldwin County Properties, Inc
List Price
$498,000
Sold Price
$498,000
Current Estimated Value
$536,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,419
Avg. Annual Appreciation
1.84%
Original Mortgage
$250,000
Outstanding Balance
$192,111
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$344,309

Purchase Details

Listed on
Aug 31, 2016
Closed on
Mar 10, 2017
Sold by
Mccullers Jean
Bought by
Laval Daniel R and Laval Robin M
Seller's Agent
Sue Knight
Urban Property
Buyer's Agent
Jennifer Shirley
Bellator Real Estate, LLC
List Price
$212,000
Sold Price
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%
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
Smith Connie J $498,000 None Available
Laval Daniel R $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Connie J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $498,000 0.0% $493 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $498,000 +134.9% $493 / Sq Ft
03/13/2017 03/13/17 Sold $212,000 0.0% $212 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $212,000 -- $212 / 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 $1,608 $34,960 $19,960 $15,000
2023 $1,552 $33,740 $21,180 $12,560
2022 $1,346 $29,260 $0 $0
2021 $1,211 $26,500 $0 $0
2020 $1,063 $23,100 $0 $0
2019 $931 $21,640 $0 $0
2018 $896 $20,840 $0 $0
2017 $0 $20,260 $0 $0
2016 $0 $16,200 $0 $0
2015 -- $15,120 $0 $0
2014 -- $13,020 $0 $0
2013 -- $12,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Coleman

    Seller's Agent in 2021

    Robin Coleman

    Courtney & Morris Daphne

    (251) 656-5356

    47 in this area

    68 Total Sales

    Robin Coleman
    Section Image
  • Angel Curtin

    Buyer's Agent in 2021

    Angel Curtin

    Baldwin County Properties, Inc

    (251) 423-7535

    58 in this area

    90 Total Sales

    Angel Curtin
    Section Image
  • Sue Knight

    Seller's Agent in 2017

    Sue Knight

    Urban Property

    (251) 990-9909

    1 in this area

    1 Total Sale

    Sue Knight
    Section Image
  • Jennifer Shirley

    Buyer's Agent in 2017

    Jennifer Shirley

    Bellator Real Estate, LLC

    (251) 533-0229

    3 in this area

    45 Total Sales

    Jennifer Shirley
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 317494

Baldwin REALTORS®

APN: 46-03-37-0-008-081.001

Alabama Baldwin County Fairhope 36532

508 Morphy Ave, Fairhope, AL

This home is located at 508 Morphy Ave, Fairhope, AL 36532 since 22 July 2021 and is currently estimated at $536,419, approximately $531 per square foot. This property was built in 1925. 508 Morphy Ave is a home located in Baldwin County with nearby schools including Fairhope West Elementary School, Fairhope Middle School, and Fairhope High School.

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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