Seller's Agent in 2024
Morgan Ashurst
Ashurst & Niemeyer LLC
(251) 583-5016
37 in this area
85 Total Sales
550 Jan Dr Fairhope, AL 36532
Estimated Value: $539,000 - $653,788
3
Beds
2
Baths
1,987
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Den
- Fairhope West Elementary School Rated A-
- Corner Lot
- Detached Garage
About This Home
As of January 2024Prime Location, Prime Opportunity! Nestled in one of downtown Fairhope's most coveted neighborhoods, this exceptional home boasts the perfect blend of convenience and luxury living. Situated within a short stroll of downtown attractions, boutique shops, the picturesque bay, and top-notch schools, this property offers the ultimate lifestyle. Positioned gracefully on a spacious corner lot, this residence has undergone an extensive transformation, leaving no detail untouched. A brand-new roof, state-of-the-art HVAC system, updated plumbing and electrical systems, and energy-efficient windows have all been meticulously installed, ensuring that your new abode is move-in ready and worry-free. Step inside and be greeted by the timeless elegance of beautiful wood flooring that flows seamlessly throughout the entire home. The living room and den spaces exude warmth and comfort, inviting you to unwind and create lasting memories with loved ones. For the culinary enthusiast, the kitchen is an absolute dream. Designed with both form and function in mind, it features brand-new appliances and cabinets that provide ample storage space. The oversized island serves as the centerpiece, perfect for gatherings and casual dining. Overlooking the dining area and den, this kitchen is the heart of the home, where countless meals and conversations will be enjoyed. Additionally, a separate building on the property offers a versatile 200-square-foot space, ideal for a home gym or office. Luxurious tile flooring in this area will convey. And there's more! Architectural plans for a primary suite, a convenient half bath, and a laundry/mudroom will be provided, allowing you to customize and enhance this already remarkable home to your exact specifications. In summary, this turnkey residence in the heart of Fairhope offers a prime location, exceptional craftsmanship, and the potential for you to make it yo
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,475
Year Built
- Built in 1967
Lot Details
- 0.39 Acre Lot
- Corner Lot
- Few Trees
Parking
- Detached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,987 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Den
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Schools
- Fairhope West Elementary School
- Fairhope Middle School
- Fairhope High School
Additional Features
- Outdoor Storage
- Central Heating and Cooling System
Community Details
- Fairhope Subdivision
Listing and Financial Details
- Assessor Parcel Number 46-03-37-0-004-099.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2023
Closed on
Jan 25, 2024
Sold by
Waters Brandy and Waters Thomas R
Bought by
Montgomery Michael
Seller's Agent
Morgan Ashurst
Ashurst & Niemeyer LLC
Buyer's Agent
Shannon Hesse Smart
South Coast Properties
List Price
$709,500
Sold Price
$625,000
Premium/Discount to List
-$84,500
-11.91%
Views
313
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,053
Avg. Annual Appreciation
-2.16%
Original Mortgage
$468,750
Outstanding Balance
$460,466
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$140,481
Purchase Details
Listed on
Jun 13, 2019
Closed on
Oct 8, 2019
Sold by
Brabston Gene and Estate Of Robert W Crawford
Bought by
Weems Brandy
Seller's Agent
Jackie Green
Roberts Brothers, Inc Malbis
Buyer's Agent
Theresa King
EXIT Realty Lyon & Assoc.Fhope
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$220,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montgomery Michael | $625,000 | None Listed On Document | |
| Weems Brandy | $275,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montgomery Michael | $468,750 | |
| Previous Owner | Weems Brandy | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2024 01/29/24 | Sold | $625,000 | -4.7% | $315 / Sq Ft | |
| 12/08/2023 12/08/23 | Pending | -- | -- | -- | |
| 11/20/2023 11/20/23 | Price Changed | $655,822 | -1.4% | $330 / Sq Ft | |
| 11/10/2023 11/10/23 | Price Changed | $664,800 | -1.4% | $335 / Sq Ft | |
| 10/23/2023 10/23/23 | Price Changed | $674,500 | -2.2% | $339 / Sq Ft | |
| 10/05/2023 10/05/23 | Price Changed | $689,500 | -2.8% | $347 / Sq Ft | |
| 09/27/2023 09/27/23 | For Sale | $709,500 | +158.0% | $357 / Sq Ft | |
| 10/18/2019 10/18/19 | Sold | $275,000 | -8.0% | $139 / Sq Ft | View Prior Sale |
| 06/17/2019 06/17/19 | Pending | -- | -- | -- | |
| 06/13/2019 06/13/19 | For Sale | $299,000 | -- | $151 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $2,006 | $44,580 | $20,920 | $23,660 |
| 2023 | $1,910 | $41,980 | $22,180 | $19,800 |
| 2022 | $1,637 | $36,560 | $0 | $0 |
| 2021 | $1,470 | $32,900 | $0 | $0 |
| 2020 | $1,353 | $29,420 | $0 | $0 |
| 2019 | $1,206 | $28,040 | $0 | $0 |
| 2018 | $1,100 | $25,580 | $0 | $0 |
| 2017 | $1,055 | $24,540 | $0 | $0 |
| 2016 | $935 | $21,740 | $0 | $0 |
| 2015 | -- | $20,520 | $0 | $0 |
| 2014 | -- | $17,460 | $0 | $0 |
| 2013 | -- | $16,780 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Morgan Ashurst
-
Shannon Hesse Smart
Buyer's Agent in 2024
Shannon Hesse Smart
South Coast Properties
(205) 305-7200
71 in this area
181 Total Sales
-
J
Seller's Agent in 2019
Jackie Green
Roberts Brothers, Inc Malbis
-
T
Buyer's Agent in 2019
Theresa King
EXIT Realty Lyon & Assoc.Fhope
Map
Source: Baldwin REALTORS®
MLS Number: 352252
APN: 46-03-37-0-004-099.000
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