NOT LISTED FOR SALE

551 Jan Dr Fairhope, AL 36532

Estimated Value: $463,000 - $648,688

3 Beds
2 Baths
1,596 Sq Ft
$353/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $163,260 $102 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $3,205/month

5 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • 1-Story Property
  • Fairhope West Elementary School Rated A-
  • Central Air

About This Home

As of April 2018

Great investment opportunity in the heart of Fairhope. This home is going for well below market value and is ready for someone to make a deal. It does need some updating but the bones are good and it is of brick construction.

Last Agent to Sell the Property

Sean Howard

IXL Real Estate-Eastern Shore Listed on: 03/21/2018

IXL Real Estate-Eastern Shore

Last Buyer's Agent

Sue Knight

Urban Property

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1965

Lot Details

  • 0.33

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Masonry

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-004-071.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry
  • Construction Status: Resale
  • Flood Zone: X
  • Property Type: Residential Detached
  • Style: Ranch
  • Parcel Id Tax Id: 46-03-37-0-004-071.000
  • Year Built: 1965
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 1596
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 14X10.8, On Level: Main Level
  • Bedroom 3: Dimensions: 14X12, On Level: Main Level
  • Bedrooms: 3
  • Breakfast Room: Dimensions: 12X12, On Level: Lower Level
  • Den: Dimensions: 18X12, On Level: Lower Level
  • Dining Area: Dimensions: 11X12, On Level: Lower Level
  • Floors: Wood
  • Kitchen: Dimensions: 17X12, On Level: Lower Level
  • Master Bed: Dimensions: 14X12, On Level: Main Level
  • Other Room: Dimensions: 16.7X14.7, On Level: Main Level
  • Price Per Sq Ft: 102.29
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric (Cool), Central Gas
  • Utilities: Fairhope Utilities

Condo/Co-op/Association

  • Condo Building Stories: 1

Schools

  • Intermediate School: Fairhope Intermediate

Lot Info

  • Lot Block Unit: 2

Tax Info

  • Property Taxes: 725.56
  • Assessor Parcel Number: 57466

MLS Schools

  • Elementary School: Fairhope Elementary
  • HighSchool: Fairhope High
  • Middle School: Fairhope Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Canopy Investments Company Llc
Bought by
Speir Bailey Andrew and Speir Bailey Jennifer
Current Estimated Value
$563,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,405
Outstanding Balance
$309,591
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$254,081

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 2, 2018
Sold by
Bayer Richard Harkins
Bought by
Canory Investments Company Llc
Seller's Agent
Sean Howard
IXL Real Estate-Eastern Shore
Buyer's Agent
Sue Knight
Urban Property
List Price
$180,000
Sold Price
$163,260
Premium/Discount to List
-$16,740
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Bayer Homes Llc
Bought by
Bayer Richard Harkins

Purchase Details

Closed on
Dec 8, 2011
Sold by
Bayer Elizabeth Harkins and Elizabeth H Bayer Revocable Tr
Bought by
Bayer Homes Llc

Purchase Details

Closed on
Mar 25, 2009
Sold by
Harkins Bayer Elizabeth Ann and Harkins Bayer Elizabeth Ann
Bought by
Bayer Elizabeth Harkins and Elizabeth H Bayer Revocable Tr
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
Speir Bailey Andrew -- None Available
Canory Investments Company Llc $163,500 None Available
Bayer Richard Harkins $163,500 None Available
Bayer Richard Harkins -- None Available
Harkins Hegner Margaret Ann -- None Available
Bayer Homes Llc -- None Available
Bayer Elizabeth Harkins -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speir Bailey Andrew $351,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $163,260 -9.3% $102 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $180,000 -- $113 / 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 $2,805 $61,960 $20,040 $41,920
2023 $2,194 $48,680 $21,260 $27,420
2022 $1,914 $42,580 $0 $0
2021 $1,709 $38,140 $0 $0
2020 $1,544 $34,540 $0 $0
2019 $1,761 $40,960 $0 $0
2018 $833 $20,420 $0 $0
2017 $800 $19,660 $0 $0
2016 $726 $17,920 $0 $0
2015 -- $16,620 $0 $0
2014 -- $13,760 $0 $0
2013 -- $26,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 267293

Baldwin REALTORS®

APN: 46-03-37-0-004-071.000