NOT LISTED FOR SALE

508 Washington Dr Fairhope, AL 36532

Estimated Value: $715,000 - $1,203,431

4 Beds
3.5 Baths
3,076 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $459,000 $149 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,238/month

51 Days on Market

Highlights

  • View of Trees or Woods
  • 0.89 Acre Lot
  • Wood Flooring
  • Fairhope West Elementary School Rated A-
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2020

SELLER IS READY TO MAKE A DEAL!! SO CLOSE TO DOWNTOWN FAIRHOPE…THIS BEAUTIFULLY RENOVATED HOME SITS ON ALMOST AN ACRE AND HAS A 3 CAR GARAGE! This New Orleans style executive stunner is over 3000 Sf and has tons of curb appeal! The painted brick exterior has an inviting porch across the front entry and an upstairs balcony overlooking the lawn with mature flowering trees and shrubs. The gourmet kitchen has a 6 burner Viking stove, a painted wood panel refrigerator to match the new Shaker cabinets, marble countertops and backsplash, custom oven hood and slate floors. The luxurious master suite is a private sanctuary with its spa like bathroom featuring a stand alone soaking tub, double shower, separate marble vanities...and you have to see the master closet to believe it! It is gigantic with a custom built-in shelving system! You will have plenty of space to entertain with both formal living and dining rooms, plus the kitchen opens onto the family room and also spills onto an enormous screened porch overlooking the massive private backyard. So many great details like the chic custom bar and glam powder room. Just when you thought it couldn't get any better, adjacent to the 3 car garage is a room that could be a workshop, office or extra storage. This is truly a unique downtown area property at an exceptional price! Will still be zoned for Fairhope Elementary (Fairhope West) under new school districts.

Last Agent to Sell the Property

Christy Flowers

Cottage Properties, LLC Listed on: 05/12/2020

Last Buyer's Agent

Garrett Cox

B4 Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1970

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 135x288

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,076 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage
  • Utility Room
  • Utility Room Outside
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Schools

  • Fairhope West Elementary School
  • Fairhope Middle School
  • Fairhope High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Internet Available

Community Details

  • Colonial Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-08-0-003-034.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,247

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Intersecting Street: Hwy 104
  • Property Amenities: Automatic Garage Door, Ceiling Fan(s), En-Suite, Internet, Porch-Open, Porch-Screened, Split Bedroom Plan, Storage-In, Termite Contract
  • Property Type: Residential Detached
  • Style: Traditional
  • View: Wooded
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 46-03-08-0-003-034.000
  • Year Built: 1970
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope, Baldwin County
  • Living Room Group: Living Room
  • Subdivsn Or Commnty: Colonial Acres
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Gas, Refrigerator, Smoke Detector
  • Estimated Living Area: 3076
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 19x15, On Level: 2
  • Bedroom 3: Dimensions: 17x12, On Level: 2
  • Bedroom 4: Dimensions: 14x13, On Level: 2
  • Bedrooms: 4
  • Den: Dimensions: 15x15, On Level: Main Level
  • Dining Area: Dimensions: 15x11, On Level: Main Level
  • Dining Area Type: Breakfast Bar, Separate Dining Room
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile, Wood, Laminate
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 18x11, On Level: Main Level
  • Living Room: Dimensions: 15x15, On Level: Main Level
  • Master Bed: Dimensions: 17x14, On Level: Main Level
  • Other Rooms: Foyer, Utility Room-Inside, Utility Room-Outside
  • Price Per Sq Ft: 149.22
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Sewage-City Available, Sewage-Septic, Water Heater-Gas, Water-City, Fairhope Utilities

Schools

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

Lot Info

  • Estimated Lot Size: 0.89
  • Lot Description: Less Than 1 Acre
  • Lot Size: 135x288

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1247
  • Assessor Parcel Number: 6208

MLS Schools

  • Elementary School: Fairhope West Elementary
  • HighSchool: Fairhope High
  • Middle School: Fairhope Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jul 24, 2020
Sold by
Me & Me Llc
Bought by
Boling Sarah A and Boling Robert Hunt
Seller's Agent
Christy Flowers
Cottage Properties, LLC
Buyer's Agent
Garrett Cox
B4 Properties LLC
List Price
$483,988
Sold Price
$459,000
Premium/Discount to List
-$24,988
-5.16%
Current Estimated Value
$947,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,108
Avg. Annual Appreciation
14.62%
Original Mortgage
$367,200
Outstanding Balance
$326,213
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$620,895

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 8, 2019
Sold by
Touart Lisa Whiteside
Bought by
Me & Me Llc
Seller's Agent
Christy Flowers
Cottage Properties, LLC
Buyer's Agent
Christy Flowers
Cottage Properties, LLC
List Price
$368,000
Sold Price
$325,000
Premium/Discount to List
-$43,000
-11.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.42%
Original Mortgage
$276,250
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 26, 2016
Closed on
Aug 30, 2016
Sold by
Kempton John P and Kempton Betty M
Bought by
Touart Lisa Whiteside
Seller's Agent
JoAnne Kerr
RE/MAX BY THE BAY FAIRHOPE
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$200,000
Interest Rate
3.48%
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
Boling Sarah A $459,000 None Available
Me & Me Llc $49,000 None Available
Touart Lisa Whiteside $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boling Sarah A $367,200
Previous Owner Me & Me Llc $276,250
Previous Owner Touart Lisa Whiteside $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $459,000 -5.0% $149 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $482,988 -0.2% $157 / Sq Ft
07/02/2020 07/02/20 For Sale $483,988 0.0% $157 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $483,988 -0.1% $157 / Sq Ft
06/11/2020 06/11/20 Price Changed $484,500 -1.1% $158 / Sq Ft
06/04/2020 06/04/20 Price Changed $489,900 -0.6% $159 / Sq Ft
05/28/2020 05/28/20 Price Changed $492,900 -0.4% $160 / Sq Ft
05/21/2020 05/21/20 Price Changed $494,777 -0.6% $161 / Sq Ft
05/12/2020 05/12/20 For Sale $497,888 +53.2% $162 / Sq Ft
03/08/2019 03/08/19 Sold $325,000 -11.7% $106 / Sq Ft View Prior Sale
02/03/2019 02/03/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $368,000 +13.2% $120 / Sq Ft
01/24/2019 01/24/19 Off Market $325,000 -- --
01/23/2019 01/23/19 For Sale $368,000 +47.2% $120 / Sq Ft
08/30/2016 08/30/16 Sold $250,000 0.0% $82 / Sq Ft View Prior Sale
08/30/2016 08/30/16 Sold $250,000 0.0% $82 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/26/2016 07/26/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $250,000 -- $82 / 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 $3,078 $67,900 $17,120 $50,780
2023 $2,815 $62,180 $18,140 $44,040
2022 $2,471 $54,700 $0 $0
2021 $1,847 $40,720 $0 $0
2020 $3,491 $75,900 $0 $0
2019 $1,354 $32,540 $0 $0
2018 $1,247 $30,040 $0 $0
2017 $1,174 $28,360 $0 $0
2016 $1,362 $31,680 $0 $0
2015 -- $29,880 $0 $0
2014 -- $28,120 $0 $0
2013 -- $27,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 298446

Baldwin REALTORS®

APN: 46-03-08-0-003-034.000