NOT LISTED FOR SALE

531 Gayfer Ave Fairhope, AL 36532

Estimated Value: $435,000 - $512,000

3 Beds
2 Baths
1,250 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $390,000 $312 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,549/month

1 Day on Market

Highlights

  • Wood Flooring
  • Cottage
  • Patio
  • Fairhope West Elementary School Rated A-
  • Front Porch
  • Outdoor Storage

About This Home

As of June 2021

Welcome to the Heart of Fairhope, just a short walk or golf cart ride away from Downtown. Move in ready! Renovated 3/2 home at 1300 square feet. The original wood floors have been refinished. Tile in bathrooms and laundry room. Recently updated kitchen including cabinets and white quartz. Appliances are stainless steel. Both bathrooms have been completely remodeled as well, with custom built-ins and new cabinets have marble countertops. Tankless water heater and HVAC were both replaced in 2018. The master suite features an updated floor plan with ensuite bath, a generous walk-in tile shower, and walk in closets with built in shelving. New Landscaping throughout the spacious back yard which includes and outdoor storage building, newly added grilling deck, fire pit, back deck with pergola, all fenced in for privacy and a perfect area for outdoor entertaining. Electrical was updated in 2018 to a 200 amp service. New Light Fixtures, Newly added Island Vent Hood, Exterior of home was painted in Fall of 2020, Faux Wood Blinds throughout... The Back yard is plenty big enough for a pool! Owner has plans drawn up for an addition on this home that would expand the kitchen and dinning and add another master suite. (plans have not been engineered) Schedule a showing today.

Last Agent to Sell the Property

Tracie Sweat

Bayside Real Estate Group Listed on: 05/26/2021

Last Buyer's Agent

Lucy Lety

Ashurst & Niemeyer LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 66' x 190'
  • Fenced
  • Level Lot
  • 16 Lots in the community

Home Design

  • Cottage
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-004-049.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Cable, Carbon Monoxide Detector, Ceiling Fan(s), Fenced, Internet, Patio, Split Bedroom Plan, Storage-Out, Storage Building, Porch-Back, Porch-Front
  • Property Type: Residential Detached
  • Style: Cottage
  • Parcel Id Tax Id: 46-03-37-0-004-049.000
  • Year Built: 1962
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Gas, Refrigerator, Smoke Detector
  • Estimated Living Area: 1250
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 9x14, On Level: Main Level
  • Bedroom 3: Dimensions: 9x10, On Level: Main Level
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Kitchen: Dimensions: 13x23, On Level: Main Level
  • Living Room: Dimensions: 13x23, On Level: Main Level
  • Master Bed: Dimensions: 11x14, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Shower Only, 1st Floor Master, Walk In Closet
  • Price Per Sq Ft: 312
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

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

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Gas-Natural, Fairhope Utilities

Lot Info

  • Lot Block Unit: 16
  • Lot Description: Less Than 1 Acre, Level
  • Lot Size: 66' X 190'
  • Number Lots: 16

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1117.88
  • Assessor Parcel Number: 17568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 25, 2021
Sold by
Dequattro Rachel S
Bought by
Skidmore Bruce and Skidmore Grace
Seller's Agent
Tracie Sweat
Bayside Real Estate Group
Buyer's Agent
Lucy Lety
Ashurst & Niemeyer LLC
List Price
$387,000
Sold Price
$390,000
Premium/Discount to List
$3,000
0.78%
Current Estimated Value
$460,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,330
Avg. Annual Appreciation
3.89%
Original Mortgage
$312,000
Outstanding Balance
$283,092
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$177,238

Purchase Details

Listed on
Jun 17, 2018
Closed on
Apr 12, 2019
Sold by
Canopy Investments Company Llc
Bought by
Dequattro Rachel S
Seller's Agent
Dave Kirby
Urban Property
Buyer's Agent
Nancy Weltlich
Ashurst & Niemeyer LLC
List Price
$339,900
Sold Price
$290,000
Premium/Discount to List
-$49,900
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Listed on
Dec 6, 2017
Closed on
Dec 29, 2017
Sold by
Main And Main Llc
Bought by
Canopy Investments Comapany Llc
Seller's Agent
Morgan Ashurst
Ashurst & Niemeyer LLC
Buyer's Agent
Dave Kirby
Urban Property
List Price
$135,000
Sold Price
$123,500
Premium/Discount to List
-$11,500
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.82%

Purchase Details

Listed on
Dec 19, 2013
Closed on
Mar 26, 2014
Sold by
Fannie Mae
Bought by
Main & Main Llc
Seller's Agent
Tom Stanton
EXIT Realty Gulf Shores
Buyer's Agent
Non Member
Non Member Office
List Price
$91,000
Sold Price
$91,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$86,269
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 15, 2013
Sold by
Randall Donna and Regions Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2007
Sold by
Randall Michael Leon
Bought by
Randall Donna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Skidmore Bruce $390,000 None Available
Dequattro Rachel S -- None Available
Canopy Investments Comapany Llc $123,500 None Available
Main & Main Llc $91,000 None Available
Federal National Mortgage Association $105,505 None Available
Randall Donna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skidmore Bruce $312,000
Previous Owner Main & Main Llc $86,269
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $390,000 +0.8% $312 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $387,000 +33.4% $310 / Sq Ft
04/12/2019 04/12/19 Sold $290,000 -3.3% $223 / Sq Ft View Prior Sale
03/19/2019 03/19/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $299,750 -3.3% $231 / Sq Ft
02/15/2019 02/15/19 Price Changed $309,900 -3.1% $238 / Sq Ft
01/09/2019 01/09/19 Price Changed $319,900 -5.9% $246 / Sq Ft
06/17/2018 06/17/18 For Sale $339,900 +175.2% $261 / Sq Ft
12/29/2017 12/29/17 Sold $123,500 -8.5% $107 / Sq Ft View Prior Sale
12/10/2017 12/10/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $135,000 +48.4% $117 / Sq Ft
03/28/2014 03/28/14 Sold $91,000 0.0% $79 / Sq Ft View Prior Sale
02/26/2014 02/26/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $91,000 -- $79 / 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 $1,480 $37,940 $17,420 $20,520
2023 $1,613 $36,040 $18,480 $17,560
2022 $1,401 $31,440 $0 $0
2021 $1,256 $28,280 $0 $0
2020 $1,118 $25,280 $0 $0
2019 $1,562 $36,320 $0 $0
2018 $1,412 $32,840 $0 $0
2017 $1,366 $31,760 $0 $0
2016 $1,217 $28,300 $0 $0
2015 -- $26,020 $0 $0
2014 -- $10,680 $0 $0
2013 -- $10,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 314640

Baldwin REALTORS®

APN: 46-03-37-0-004-049.000