NOT LISTED FOR SALE

551 Johnson Ave Fairhope, AL 36532

Fairhope Area

Estimated Value: $674,125 - $792,000

3 Beds
2 Baths
2,123 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2020

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

Est. 47% increase in value since last sale

Current estimated payment $4,082 / mo

34 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • No HOA
  • 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 Brokerage Phone: 251-689-7990 License #111783 Listed on: 06/10/2020

Last Buyer's Agent

Dorman Group

Mobile Bay Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Parking

  • Carport

Home Design

  • Cottage
  • Metal Roof

Interior Spaces

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

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Fairhope East Elementary School
  • Fairhope High School

Utilities

  • Central Heating
  • Internet Available

Additional Features

  • Outdoor Storage
  • Level Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 46-03-37-0-008-006.507
  • Year Built: 1947
  • Property Sub-Type: Residential Detached
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Level, Some Trees, Less Than 1 Acre
  • ResoSecurityFeatures: Security System, Carbon Monoxide Detector(s)
  • Attribution Contact: PHONE: 251-689-7990
  • Co List Office Phone: 251-928-9473
  • MLS Status: Closed
  • Subdivision Name: None
  • Architectural Style: Cottage
  • Reso Interior Features: En Suite, Internet, Ceiling Fan(s), Vaulted Ceiling(s), Termite Contract
  • Living Area: 2123
  • Reso Window Features: Window Treatments
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Gas Range, Microwave, Dishwasher, Plumbed For Ice Maker, Smoke Detector
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Split Brick
  • Stories: 1

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront Features: No Waterfront
  • Exterior Features: Storage
  • Patio And Porch Features: Covered Patio, Porch Screened

Garage/Parking

  • Parking Features: Single Carport

Utilities

  • Utilities: Fairhope Utilities, Cable
  • Heating: Central, Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Green Features

Multi Family

Tax Info

MLS Schools

  • Elementary School: Fairhope East 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
Jun 10, 2020
Closed on
Aug 20, 2020
Sold by
Bought by
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
$711,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,781
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 29, 2018
Sold by
Bought by
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 5, 2014
Closed on
Oct 1, 2014
Sold by
Bought by
Seller's Agent
William Baldwin
Coldwell Banker Reehl Prop Fairhope
Buyer's Agent
Taylor Henseler
Coldwell Banker Reehl Prop Fairhope
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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$485,000 None Available
$287,000 None Available
$182,000 None Available
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 $430,000
Previous Owner $428,000
Previous Owner $375,000
Previous Owner $172,900
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 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 -- $107 / Sq Ft View Prior Sale
09/05/2014 09/05/14 Pending -- -- --
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 $2,581 $57,080 $27,240 $29,840
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

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Map

Source: Baldwin REALTORS®

MLS Number: 299816

Baldwin REALTORS®

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

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