NOT LISTED FOR SALE

551 Johnson Ave Fairhope, AL 36532

Estimated Value: $625,065 - $799,000

3 Beds
2 Baths
2,123 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $485,000 $228 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,918/month

34 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Screened Porch
  • Fairhope West Elementary School Rated A-
  • 1 Fireplace
  • Cottage

About This Home

As of August 2020

Welcome home to DOWNTOWN Fairhope!! This remodeled cottage sits on an oversized corner lot that’s just one block from the heart of Fairhope! Right behind the bicycle shop on Fairhope Avenue. This 3 bedroom/2 bath home has gorgeous, original hardwood floors throughout the house, large bedrooms, a formal foyer and a separate office! Completely remodeled home with a kitchen that is to die for with gorgeous finishes--New kitchen features gas range, soft closing cabinets, farm sink, designer light fixture, split brick flooring and marble counter tops! Window treatments throughout the entire house with ceilings full of charm! This home has a new roof and a new HVAC. This home is a knock-out! See it for yourself!

Last Agent to Sell the Property

Lawren Reaves

South Coast Properties Listed on: 06/10/2020

Last Buyer's Agent

Dorman Group

Mobile Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 95x147
  • Level Lot
  • Few Trees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-008-006.507

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers
  • Construction Status: Resale
  • Property Amenities: Cable, Carbon Monoxide Detector, Ceiling Fan(s), Covered Patio, En-Suite, Internet, Porch-Screened, Security System, Storage-Out, Termite Contract, Vaulted Ceiling, Window Treatments
  • Property Type: Residential Detached
  • Style: Cottage
  • Parcel Id Tax Id: 46-03-37-0-008-006.507
  • Year Built: 1947
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 2123
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 12x13, On Level: Main Level
  • Bedroom 3: Dimensions: 12x13, On Level: Main Level
  • Bedrooms: 3
  • Floors: Carpet, Split Brick, Wood
  • Kitchen: Dimensions: 12x17, On Level: Main Level
  • Living Room: Dimensions: 18x13, On Level: Main Level
  • Master Bed: Dimensions: 15x15, On Level: Main Level
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 228.45
  • Property Interior Stories: 1

Exterior Features

  • Roof: Metal
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Single Carport

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Fairhope Utilities

Lot Info

  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Lot Size: 95x147

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1023.12
  • Assessor Parcel Number: 15030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 20, 2020
Sold by
Reaves John Grant and Reaves Lawren Jo
Bought by
Tumblin Russell
Seller's Agent
Lawren Reaves
South Coast Properties
Buyer's Agent
Dorman Group
Mobile Bay Realty
List Price
$545,000
Sold Price
$485,000
Premium/Discount to List
-$60,000
-11.01%
Current Estimated Value
$705,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,266
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 29, 2018
Sold by
Pose James Leonard
Bought by
Reaves John Grant
Seller's Agent
Taylor Henseler
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.64%
Original Mortgage
$375,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 1, 2014
Sold by
Stankoski Joseph Clark
Bought by
Pose James Leonard
Seller's Agent
Will Baldwin Team
McAleer Real Estate
Buyer's Agent
Taylor Henseler
Coldwell Banker Reehl Prop Fairhope
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$172,900
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Tumblin Russell $485,000 None Available
Reaves John Grant $287,000 None Available
Pose James Leonard $182,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reaves John Grant $375,000
Previous Owner Pose James Leonard $172,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $485,000 -2.0% $228 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/11/2020 07/11/20 Price Changed $495,000 -0.8% $233 / Sq Ft
06/29/2020 06/29/20 Price Changed $499,000 -0.2% $235 / Sq Ft
06/28/2020 06/28/20 Price Changed $500,000 -2.9% $236 / Sq Ft
06/28/2020 06/28/20 Price Changed $515,000 -1.9% $243 / Sq Ft
06/26/2020 06/26/20 Price Changed $525,000 -2.3% $247 / Sq Ft
06/21/2020 06/21/20 Price Changed $537,500 -0.5% $253 / Sq Ft
06/14/2020 06/14/20 Price Changed $540,000 -0.9% $254 / Sq Ft
06/10/2020 06/10/20 For Sale $545,000 +89.9% $257 / Sq Ft
06/29/2018 06/29/18 Sold $287,000 0.0% $167 / Sq Ft View Prior Sale
06/29/2018 06/29/18 Sold $287,000 -4.3% $167 / Sq Ft View Prior Sale
05/10/2018 05/10/18 Pending -- -- --
05/10/2018 05/10/18 Pending -- -- --
05/04/2018 05/04/18 Price Changed $299,900 -4.8% $175 / Sq Ft
04/03/2018 04/03/18 Price Changed $315,000 -1.4% $183 / Sq Ft
03/07/2018 03/07/18 Price Changed $319,500 +1.4% $186 / Sq Ft
03/06/2018 03/06/18 For Sale $315,000 +73.1% $183 / Sq Ft
10/06/2014 10/06/14 Sold $182,000 0.0% $107 / Sq Ft View Prior Sale
09/05/2014 09/05/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $182,000 -- $107 / 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 $2,410 $53,360 $23,680 $29,680
2023 $2,281 $50,560 $25,120 $25,440
2022 $1,983 $44,080 $0 $0
2021 $1,755 $39,600 $0 $0
2020 $0 $29,840 $0 $0
2019 $0 $24,840 $0 $0
2018 $971 $23,620 $0 $0
2017 $980 $22,800 $0 $0
2016 $1,653 $38,440 $0 $0
2015 -- $19,080 $0 $0
2014 -- $15,180 $0 $0
2013 -- $14,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lawren Reaves

    Seller's Agent in 2020

    Lawren Reaves

    South Coast Properties

    (251) 689-7990

    7 in this area

    14 Total Sales

    Lawren Reaves
    Section Image

  • D

    Buyer's Agent in 2020

    Dorman Group

    Mobile Bay Realty

    (251) 230-3111

    111 in this area

    236 Total Sales

    Dorman Group
    Section Image
  • Taylor Henseler

    Seller's Agent in 2018

    Taylor Henseler

    Coldwell Banker Reehl Prop Fairhope

    (251) 605-4187

    Taylor Henseler
    Section Image

  • N

    Buyer's Agent in 2018

    NOT MULTIPLE LISTING

    NOT MULTILPLE LISTING

  • G

    Buyer's Agent in 2018

    Grant Reaves

    Bellator Commercial

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 299816

Baldwin REALTORS®

APN: 46-03-37-0-008-006.507

Alabama Baldwin County Fairhope 36532

551 Johnson Ave, Fairhope, AL

Not Listed for Sale

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