NOT LISTED FOR SALE

562 Morphy Ave Fairhope, AL 36532

Estimated Value: $309,000 - $355,894

3 Beds
1 Bath
977 Sq Ft
$339/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $205,000 $210 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,862/month

3 Days on Market

Highlights

  • Screened Porch
  • Cottage
  • Tile Flooring
  • Fairhope West Elementary School Rated A-
  • Living Room
  • Central Heating and Cooling System

About This Home

As of February 2020

Looking to own a piece of Fairhope History? Here is your opportunity this 1940’s Fairhope Cottage that was the studio of local artist Jean Lawrence and is in the best location on a corner lot within easy walking distance of downtown Fairhope and recreational areas. Small but inviting this 977 square foot structure has open living room area with small nook for reading. Serviceable kitchen and laundry area and 1 Bath. The 2 bedrooms are separated for privacy. While the sitting room could be another bedroom or flex room for any use. Just pour yourself a cup of coffee and enjoy the early mornings on the comfortable, cozy screened porch. Not into history and remodeling then just start over and build your own new home as this lot would be great for that purpose. Interior pictures coming soon.

Last Agent to Sell the Property

Lorena Gregorius

Roberts Brothers Eastern Shore Listed on: 01/17/2020

Roberts Brothers Eastern Shore

Last Buyer's Agent

Summer Ennis

Baldwin County Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1942

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 64.7x138

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 977 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Screened Porch
  • Utility Room
  • Termite Clearance

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Tanglewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370008090502

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Slab & Piers
  • Construction Status: Resale
  • Intersecting Street: Laraway Lane
  • Property Amenities: Porch-Screened, Termite Contract, Porch-Side
  • Property Type: Residential Detached
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 4603370008090502
  • Year Built: 1942
  • Geo Subdivision: AL
  • Governing Municipality: Fairhope
  • Living Room Group: Living Room
  • Property Legal Description: 67.4'X138' LOT 16 BLK B TANGLEWOOD SUB MFBK9 PG81 CITY OF FAIRHOPE GR SEC 37-T6S-R2E IN#1386729 (BOS
  • Subdivsn Or Commnty: Tanglewood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Living Area: 977
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 10x11, On Level: Main Level
  • Bedroom 3: Dimensions: 10x11, On Level: Main Level
  • Bedrooms: 3
  • Fireplace: No Fireplace
  • Floors: Carpet, Tile, Laminate
  • Kitchen: Dimensions: 6x10, On Level: Main Level
  • Living Room: Dimensions: 15x15, On Level: Main Level
  • Master Bed: Dimensions: 12x14, On Level: Main Level
  • Other Room: Dimensions: 6x10, On Level: Main Level
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 209.83
  • Property Interior Stories: 1

Exterior Features

  • Exterior Finish: Stucco, Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Number Of Garage Spaces: 1
  • Garage Parking: No Garage/Carport/Parking

Utilities

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

Fee Information

  • Transfer Fees: Yes

Schools

  • Intermediate School: Fairhope Intermediate

Lot Info

  • Estimated Lot Size: 0.21
  • Lot Block Unit: 16/B
  • Lot Description: Less Than 1 Acre
  • Lot Size: 64.7x138

Tax Info

  • Fairhope Single Tax: Yes
  • Property Taxes: 1,300
  • Assessor Parcel Number: 015107

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 19, 2020
Sold by
Haley Kevin and Smith Patricia
Bought by
Ansley Hubert Russell and Ansley Summer Ennis
Seller's Agent
Lorena Gregorius
Roberts Brothers Eastern Shore
Buyer's Agent
Summer Ennis
Baldwin County Properties, Inc
List Price
$199,500
Sold Price
$205,000
Premium/Discount to List
$5,500
2.76%
Current Estimated Value
$330,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,974
Avg. Annual Appreciation
8.80%
Original Mortgage
$153,750
Outstanding Balance
$136,135
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$194,839
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
Ansley Hubert Russell $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ansley Hubert Russell $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2020 02/21/20 Sold $205,000 +2.8% $210 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $199,500 +73.5% $204 / Sq Ft
03/18/2013 03/18/13 Sold $115,000 0.0% $116 / Sq Ft View Prior Sale
03/12/2013 03/12/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $115,000 -- $116 / 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 $1,401 $30,460 $19,960 $10,500
2023 $1,379 $29,980 $21,180 $8,800
2022 $1,192 $25,920 $0 $0
2021 $1,074 $23,560 $0 $0
2020 $0 $20,240 $0 $0
2019 $0 $18,940 $0 $0
2018 $772 $17,960 $0 $0
2017 $752 $17,480 $0 $0
2016 $630 $14,640 $0 $0
2015 -- $13,660 $0 $0
2014 -- $11,580 $0 $0
2013 -- $22,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 293511

Baldwin REALTORS®

APN: 46-03-37-0-008-090.502