NOT LISTED FOR SALE

517 Equality Ave Fairhope, AL 36532

Fairhope Area

Estimated Value: $409,037

1 Bed
1 Bath
850 Sq Ft
$481/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2024

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

Est. 6% increase in value since last sale

Current estimated payment $2,407 / mo

97 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • No HOA
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • Cottage

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

Virginia Littlepage

Bellator Real Estate, LLC Fairhope Brokerage Phone: 251-623-2626 License #75258 Listed on: 01/19/2024

Last Buyer's Agent

HEATHER DELAPP

Mobile Bay Realty License #105053

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,360 Sq Ft Lot
  • Level Lot

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Cottage
  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Side Porch

Schools

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

6,360 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • View: Park, Wooded, Other/See Remarks
  • Parcel Number: 46-03-37-0-007-076.512
  • Year Built: 1955
  • Property Sub-Type: Residential Detached
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Level, Some Trees, Less Than 1 Acre
  • Lot Size Acres: 0.146
  • Attribution Contact: PHONE: 251-623-2626
  • Co List Office Phone: 251-990-8838
  • MLS Status: Closed
  • Subdivision Name: Wesley
  • Architectural Style: Cottage
  • Reso Fireplace Features: No Fireplace
  • Reso Interior Features: Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Termite Contract
  • Living Area: 850
  • Reso Window Features: Window Treatments
  • FeedTypes: BBO
  • BALDWIN_Media: [object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
  • BALDWIN_Rooms: [object Object],[object Object],[object Object],[object Object]
  • BALDWIN_SaleRent: ForSale
  • BALDWIN_DaysOnMls: 97
  • BALDWIN_FloodZone: X
  • BALDWIN_RentalType: ShortTerm
  • BALDWIN_HeatCooling: HeatPump
  • BALDWIN_IdxIncluded: true
  • BALDWIN_PropertyTax: 1562.16
  • BALDWIN_SearchPrice: 385000
  • BALDWIN_ZoningTypes: SingleFamily
  • BALDWIN_MineralRights: Unknown
  • BALDWIN_SponsorUnitYN: false
  • BALDWIN_BoatFacilities: None
  • BALDWIN_ClientHitCount: 22
  • BALDWIN_ElevatorsTotal: 0
  • BALDWIN_RentalsAllowed: Yes
  • BALDWIN_AgentDisclosure: NotApplicable
  • BALDWIN_LivingRoomGroup: LivingRoom
  • BALDWIN_LotSizeComments: 64.82x125
  • BALDWIN_ContingencyTypes: AcceptingBackupOffers
  • BALDWIN_MinimumStayUnits: Nights
  • BALDWIN_RentalInfoSource: HomeOwner
  • BALDWIN_DaysUnderContract: 1
  • BALDWIN_MinimumStayNumber: 30
  • BALDWIN_PowerProductionYN: false
  • BALDWIN_PropertyAmenities: Patio,PorchSide,CeilingFans,HighCeilings,PorchScreened,VaultedCeiling,TermiteContract,WindowTreatments
  • BALDWIN_WaterPropertyType: NoWaterfront
  • BALDWIN_AuctionOnlineBidYN: false
  • BALDWIN_CommunityAmenities: None
  • BALDWIN_ConstructionStatus: Resale
  • BALDWIN_IntersectingStreet: N School Street
  • BALDWIN_NumberOfFireplaces: 0
  • BALDWIN_GreenVerificationYN: false
  • BALDWIN_EnergySavingFeatures: SEER14,CeilingFans,ExtraInsulation,DoublePaneWindows,EnergyEfficAppliances
  • BALDWIN_GoverningMunicipality: Fairhope
  • BALDWIN_ConstructionFoundation: WoodFrame,SolidMasonry,SlabAndPiers,OtherConstructionSeeRemarks
  • BALDWIN_AssociatedDocumentCount: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Dishwasher, Refrigerator, Electric Range, Washer/Dryer Stacked, Smoke Detector
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood, Natural Stone
  • Stories: 1
  • BALDWIN_DiningArea: LivingDiningKitchenCombo
  • BALDWIN_PrimaryBedBath: FirstFloorPrimary
  • BALDWIN_PropertyInteriorStories: One

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • View: Yes
  • Waterfront Features: No Waterfront
  • Home Warranty: No
  • Patio And Porch Features: Patio, Side Porch, Porch Screened
  • BALDWIN_ExteriorFinish: Wood,Brick,Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage/Carport Parking

Utilities

  • Utilities: Fairhope Utilities
  • Heating: Heat Pump
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fairhope Middle

Green Features

Rental Info

  • Furnished: Furnished

Multi Family

Tax Info

MLS Schools

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

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
Jan 19, 2024
Closed on
Apr 25, 2024
Sold by
Bryant John Claiborne and Bryant Rebecca Dunn
Bought by
Seller's Agent
Virginia Littlepage
Bellator Real Estate, LLC Fairhope
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
$409,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,037
Avg. Annual Appreciation
2.56%
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

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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
$385,000 None Listed On Document
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
Previous Owner $129,000
Previous Owner Lipscomb James Alan $120,000
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
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

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 $1,172 $25,480 $16,760 $8,720
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

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Map

Source: Baldwin REALTORS®

MLS Number: 356550

Baldwin REALTORS®

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

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