NOT LISTED FOR SALE

517 Equality Ave Fairhope, AL 36532

Estimated Value: $372,000 - $417,000

1 Bed
1 Bath
850 Sq Ft
$465/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $385,000 $453 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,255/month

97 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of April 2024

FULLY FURNISHED "Clay City tile" cottage on a quiet wooded street one block from downtown Fairhope offers more than just a place to live --it presents an opportunity for a lifestyle of convenience, tranquility and future possibility. This turnkey property, fully furnished with all the bells and whistles and essentials, is truly unique. You can simply pack your toothbrush and enjoy living here or rent it -- as it is currently being utilized. A 2013 "gut renovation" by the current owner, a local green architect, resulted in an open and bright interior with vaulted ceiling, exposed timbers, slate and wood flooring, new cabinets and appliances including stacked washer and dryer. Insulation, metal roof, HVAC, electrical, plumbing and lighting were also all replaced and/or upgraded at that time. The interior's stylish decor and open floorplan creates an environment that feels both spacious and intimate. The kitchen has modern conveniences and flair with a dishwasher drawer, stainless steel appliances, walnut and stainless steel countertops and a custom-made island. The delightful 12x20 screened porch adds 240 sq.ft. of additional living space. The private property, which is located on a quiet street that splits to pass around a large Live Oak tree, abuts Bayou Charbon, city of Fairhope park land, and has been designated by the National Wildlife Federation as a Certified Wildlife Habitat. The front yard swing, the screened porch and side porch are surrounded by native foliage and provide ideal spots for outdoor enjoyment of our mild coastal climate. Buy now and begin collecting rental income immediately while you conceptualize and design your dream home on this private oasis located steps away from Fairhope's lively culture, entertainment and business hubs.

Last Agent to Sell the Property

Gina Littlepage

Bellator Real Estate, LLC Fair Listed on: 01/19/2024

Last Buyer's Agent

Heather DeLapp

Mobile Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1955

Lot Details

  • 6,360 Sq Ft Lot
  • Lot Dimensions are 64.82x125
  • Level Lot
  • Few Trees

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Screened Porch
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation

Outdoor Features

  • Patio

Schools

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

Utilities

  • SEER Rated 14+ Air Conditioning Units
  • Heat Pump System

Community Details

  • Wesley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-007-076.512

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers, Solid Masonry, Wood Frame
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: N School Street
  • Mineral Rights: Unknown
  • Property Amenities: Ceiling Fan(s), High Ceilings, Patio, Porch-Screened, Termite Contract, Vaulted Ceiling, Window Treatments, Porch-Side
  • Property Type: Residential Detached
  • Style: Cottage
  • View: Wooded, Park
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 46-03-37-0-007-076.512
  • Year Built: 1955
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope
  • Living Room Group: Living Room
  • Property Legal Description: 50 X 125 BEG 95 E OF SE COR OF BLOCK A DIV 4 OF FST GR SEC 37 T6S R2E TH N 125 TH E 50 TH S 125 TH W
  • Subdivsn Or Commnty: Wesley
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range-Electric, Smoke Detector, Stack Washer/Dryer
  • Estimated Living Area: 850
  • Bathrooms: 1
  • Bedrooms: 1
  • Dining Area: Dimensions: 8x7, On Level: Main Level
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Fireplace: No Fireplace
  • Floors: Natural Stone, Wood
  • Kitchen: Dimensions: 11x12, On Level: Main Level
  • Living Room: Dimensions: 14x18, On Level: Main Level
  • Master Bed: Dimensions: 11x10, On Level: Main Level
  • Price Per Sq Ft: 452.94
  • Property Interior Stories: 1
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

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

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Heat Pump
  • Utilities: Fairhope Utilities

Fee Information

  • Transfer Fees: Yes

Lot Info

  • Estimated Lot Size: 0.146
  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Lot Size: 64.82x125

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Energy Effic Appliances, Seer 14, Extra Insulation

Rental Info

  • Furnished: Yes

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1562.16
  • Assessor Parcel Number: 14576

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
Jan 19, 2024
Closed on
Apr 25, 2024
Sold by
Bryant John Claiborne and Bryant Rebecca Dunn
Bought by
Beckwith/Baker Living Trust
Seller's Agent
Gina Littlepage
Bellator Real Estate, LLC Fair
Buyer's Agent
Heather DeLapp
Mobile Bay Realty
List Price
$497,000
Sold Price
$385,000
Premium/Discount to List
-$112,000
-22.54%
Views
250
Current Estimated Value
$395,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,653
Avg. Annual Appreciation
1.77%
Source: Public Records

Range of Values:

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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
Beckwith/Baker Living Trust $385,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $385,000 -15.8% $453 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $457,000 -8.0% $538 / Sq Ft
01/19/2024 01/19/24 For Sale $497,000 -- $585 / 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 $2,043 $44,420 $28,820 $15,600
2023 $2,007 $43,640 $30,580 $13,060
2022 $1,737 $37,760 $0 $0
2021 $1,562 $34,220 $0 $0
2020 $0 $29,560 $0 $0
2019 $0 $28,060 $0 $0
2018 $1,158 $26,940 $0 $0
2017 $1,126 $26,180 $0 $0
2016 $783 $18,220 $0 $0
2015 -- $17,200 $0 $0
2014 -- $14,720 $0 $0
2013 -- $13,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 356550

Baldwin REALTORS®

APN: 46-03-37-0-007-076.512