NOT LISTED FOR SALE

51 Brown St Fairhope, AL 36532

Estimated Value: $292,000 - $448,413

3 Beds
2 Baths
1,350 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $225,777 $167 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,056/month

87 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Rear Porch
  • Fairhope West Elementary School Rated A-
  • Cottage
  • Brick Flooring

About This Home

As of June 2024

Big Price Reduction!!!! Great Location, Post Office one block, Downtown Fairhope, Hospital 2 blocks. Everything within Walking Distance. This property is in the Fairhope Single Tax district . The land has Great Value!! Come Build a Beautiful Dream Home on this Spectacular Lot. The home on this property is to convey at no value and sold without any warranties. Home is sold "AS is, Where is" Fairhope Utilities exists on Property already.

Last Agent to Sell the Property

Debbie Lee

Bellator Real Estate, LLC Listed on: 01/28/2024

Bellator Real Estate, LLC

Last Buyer's Agent

Shelley Springer

Gumbo Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1950

Lot Details

  • 10,580 Sq Ft Lot
  • Lot Dimensions are 92 x 115
  • Corner Lot
  • Zoning described as 2+ Family Residence

Parking

  • 2 Parking Spaces

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Brick Flooring
  • Gas Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rear Porch

Schools

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

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4603370008005.518

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 4603370008005.518
  • Year Built: 1950
  • Property Sub-Type: Cottage
  • ResoCommunityFeatures: None
  • ResoLaundryFeatures: Outside
  • ResoLotFeatures: Less than 1 acre, Corner Lot
  • Lot Size Acres: 0.2429
  • Co List Office Phone: 251-928-0031
  • Ownership: Leasehold
  • MLS Status: Closed
  • Subdivision Name: Fairhope
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: Seller
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 1350
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Split Brick
  • Stories: 1
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • View: No
  • Waterfront Features: No Waterfront
  • Construction Type: Wood Siding, Block, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: None
  • Total Parking Spaces: 2

Utilities

  • Utilities: Fairhope Utilities
  • Cooling: None
  • Heating: None
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 92 x 115
  • Lot Size Sq Ft: 10580
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: 2+ Family Residence
  • ResoLotSizeUnits: SquareFeet

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2024
Closed on
May 29, 2024
Sold by
Lambeth Bobbie
Bought by
Madison Trust and Curtis Musall Ira
Seller's Agent
Debbie Lee
Bellator Real Estate, LLC
Buyer's Agent
Shelley Springer
Gumbo Realty LLC
List Price
$259,777
Sold Price
$225,777
Premium/Discount to List
-$34,000
-13.09%
Views
236
Current Estimated Value
$361,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,576
Avg. Annual Appreciation
38.31%

Purchase Details

Closed on
Sep 29, 2017
Sold by
Nicholson Janice M
Bought by
Lambeth Bobbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.89%
Mortgage Type
Commercial
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
Madison Trust $225,700 None Listed On Document
Lambeth Bobbie $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambeth Bobbie $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $225,777 -13.1% $167 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $259,777 0.0% $192 / Sq Ft
04/21/2024 04/21/24 Price Changed $259,777 -31.2% $192 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $377,777 +2.7% $280 / Sq Ft
01/28/2024 01/28/24 For Sale $367,777 -- $272 / 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 $1,824 $39,660 $22,660 $17,000
2023 $0 $38,260 $24,020 $14,240
2022 $0 $33,280 $0 $0
2021 $0 $29,980 $0 $0
2020 $0 $26,420 $0 $0
2019 $0 $23,720 $0 $0
2018 $0 $22,520 $0 $0
2017 $929 $22,640 $0 $0
2016 $793 $19,480 $0 $0
2015 -- $18,480 $0 $0
2014 -- $15,880 $0 $0
2013 -- $15,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 356893

Baldwin REALTORS®

APN: 46-03-37-0-008-005.518