NOT LISTED FOR SALE

555 S Mobile St Fairhope, AL 36532

Estimated Value: $999,000 - $1,159,436

0.21 Acre
$5,119,000 Price per Acre
9,191 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $980,000 $523 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,132/month

79 Days on Market

Highlights

  • Access to Bay or Harbor
  • Fairhope West Elementary School Rated A-
  • Bay View

About This Lot

As of March 2024

With this rare buildable lot situated across the street from Mobile Bay, you'll have instant access to one of nature's most captivating landscapes. Enjoy leisurely strolls along the Bayfront and marvel at the breathtaking sunsets over the Bay in the evenings. This prime piece of real estate offers a front-row seat to nature's beauty along with a paved alley for back entrance possibilities, making it an ideal canvas for your dream home.

Last Agent to Sell the Property

Martin Myrick

Ashurst & Niemeyer LLC Listed on: 10/01/2023

Last Buyer's Agent

Mary Cane

Courtney & Morris Daphne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,372

Lot Details

  • 9,191 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Finished Lot(s)

Schools

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

Additional Features

  • Bay Views
  • Access to Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-013-061.001

Property Details

Property Type

Land

Est. Annual Taxes

$4,372

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Property Type: Residential Lots
  • View: Direct Bay-Across Rd
  • Associated Document Count: 1
  • Lot Type: Lot
  • Parcel Id Tax Id: 46-03-37-0-013-061.001
  • Geo Subdivision: AL
  • Property Legal Description: 60' X 150' LOT 3 BLK 6 MAGNOLIA BEACH ADDITION SUBD MB1 PG3 31 LYING IN THE CITY OF FAIRHOPE GR SEC
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 4666666.67

Exterior Features

  • Water Property Type: Bay Access (Wlk <=1/4 Mi)
  • Road Description: City Street

Utilities

  • Utilities: Fairhope Utilities

Schools

  • Elementary School: Fairhope West Elementary
  • Middle School: Fairhope Middle
  • High School: Fairhope High

Lot Info

  • Estimated Lot Size: 0.211
  • Lot Description: Water View
  • Lot Size: 60 x 150

Tax Info

  • Property Taxes: 4371.8
  • Assessor Parcel Number: 383024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Feb 27, 2024
Sold by
Myrick Properties Llc
Bought by
Adcox Gore Development Llc
Seller's Agent
Martin Myrick
Ashurst & Niemeyer LLC
Buyer's Agent
Mary Cane
Courtney & Morris Daphne
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
48
Current Estimated Value
$1,080,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,109
Avg. Annual Appreciation
6.11%
Original Mortgage
$784,000
Outstanding Balance
$771,106
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$309,003

Purchase Details

Closed on
Dec 21, 2021
Sold by
Myrick Nancy B
Bought by
Myrick Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
3.09%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adcox Gore Development Llc $980,000 None Listed On Document
Myrick Properties Llc $100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adcox Gore Development Llc $784,000
Previous Owner Myrick Properties Llc $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $980,000 -1.5% $523 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
10/01/2023 10/01/23 For Sale $995,000 -- $531 / 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 $5,603 $121,800 $121,800 $0
2023 $5,582 $118,280 $118,280 $0
2022 $4,493 $97,680 $0 $0
2021 $4,372 $95,040 $0 $0
2020 $4,250 $92,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Martin Myrick

    Ashurst & Niemeyer LLC

    1 in this area

    2 Total Sales

    Martin Myrick
    Section Image
  • Mary Cane

    Buyer's Agent in 2024

    Mary Cane

    Courtney & Morris Daphne

    (251) 605-5109

    87 in this area

    243 Total Sales

    Mary Cane
    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 352556

Baldwin REALTORS®

APN: 46-03-37-0-013-061.001

Alabama Baldwin County Fairhope 36532

555 S Mobile St, Fairhope, AL

This home is located at 555 S Mobile St, Fairhope, AL 36532 since 01 October 2023 and is currently estimated at $1,080,109, approximately $576 per square foot. 555 S Mobile St is a home located in Baldwin County with nearby schools including Fairhope West Elementary School, Fairhope Middle School, and Fairhope High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes