NOT LISTED FOR SALE

59 Summer Lake St Fairhope, AL 36532

Estimated Value: $665,000 - $800,000

0.43 Acre
$1,722,284 Price per Acre
18,731 Sq Ft Lot

Last Sold July 02, 2020

Last sale price $42,000

Est. 1,747% increase in value since last sale

Current estimated payment $4,387/month

581 Days on Market

About This Lot

As of July 2020

This lot has large live oaks and is in one of Fairhope's exclusive neighborhoods. It is conveniently located close to Fairhope's Middle and High schools. The neighborhood has two lakes, large common areas and quiet tree lined streets. Homes must be a minimum of 2,800 SF of heated area. Wonderful place to raise a family or to retire! ASK ABOUT HAVING A CUSTOM HOME BUILT ON THIS LOT FOR YOU!

Last Agent to Sell the Property

Trae Corte

Legacy Real Estate & Dev, LLC Listed on: 11/06/2018

Co-Listed By

Wendy Butler

Legacy Real Estate & Dev, LLC

Last Buyer's Agent

Mary Helene McLean

Courtney & Morris Fairhope

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $455

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 114.9x151.4
  • Finished Lot(s)
  • Property is zoned Within Corp Limits

HOA Fees

  • $50 Monthly HOA Fees

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Grinder Pump
  • Satellite Dish

Community Details

  • Summer Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 46-08-28-0-000-003.059

Property Details

Property Type

Land

Est. Annual Taxes

$455

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Intersecting Street: Co Rd 44
  • Mineral Rights: No Rights
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • Zoning Area: Single Family Residence, Within Corp Limits
  • Associated Document Count: 4
  • Lot Type: Lot
  • Owners Association: Yes
  • Parcel Id Tax Id: 46-08-28-0-000-003.059
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Summer Lake
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 97674.42

Exterior Features

  • Water Property Type: No Waterfront
  • Road Description: City Street
  • Road Frontage: 134

Utilities

  • Utilities: Gas-Natural, Grinder Pump, Satellite, Sewage-City, Underground Utilities, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 50
  • Association Management Email: summerlakepoainc@gmail.com

Schools

  • Intermediate School: Fairhope Intermediate

Lot Info

  • Estimated Lot Size: 0.43
  • Lot Block Unit: 59
  • Lot Description: Less Than 1 Acre
  • Lot Size: 114.9x151.4

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 455
  • Assessor Parcel Number: 268723

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
Nov 6, 2018
Closed on
Jul 2, 2020
Sold by
Duck Duck Goose Inc
Bought by
Thacker Files Christen and Ryan Files Steven
Seller's Agent
Trae Corte
Legacy Real Estate & Dev, LLC
Buyer's Agent
Mary Helene McLean
Courtney & Morris Fairhope
List Price
$57,000
Sold Price
$42,000
Premium/Discount to List
-$15,000
-26.32%
Current Estimated Value
$775,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,825
Avg. Annual Appreciation
71.33%
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
Thacker Files Christen $42,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $42,000 -15.8% --
06/09/2020 06/09/20 Pending -- -- --
03/28/2020 03/28/20 Price Changed $49,900 -12.5% --
01/28/2020 01/28/20 For Sale $57,000 +35.7% --
11/01/2019 11/01/19 Off Market $42,000 -- --
05/16/2019 05/16/19 Price Changed $57,000 -8.1% --
11/06/2018 11/06/18 For Sale $62,000 -- --
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 $3,215 $70,880 $8,600 $62,280
2023 $2,786 $60,560 $5,740 $54,820
2022 $498 $10,820 $0 $0
2021 $460 $10,000 $0 $0
2020 $429 $9,320 $0 $0
2019 $523 $12,160 $0 $0
2018 $453 $10,540 $0 $0
2017 $453 $10,540 $0 $0
2016 $445 $10,360 $0 $0
2015 $387 $9,000 $0 $0
2014 $344 $8,000 $0 $0
2013 -- $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trae Corte

    Seller's Agent in 2020

    Trae Corte

    Legacy Real Estate & Dev, LLC

    (251) 751-2223

    12 in this area

    13 Total Sales

    Trae Corte
    Section Image
  • Wendy Butler

    Seller Co-Listing Agent in 2020

    Wendy Butler

    Legacy Real Estate & Dev, LLC

    (251) 510-2682

    5 in this area

    8 Total Sales

    Wendy Butler
    Section Image
  • Mary Helene McLean

    Buyer's Agent in 2020

    Mary Helene McLean

    Courtney & Morris Fairhope

    (251) 404-4676

    11 in this area

    25 Total Sales

    Mary Helene McLean
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 276320

Baldwin REALTORS®

APN: 46-08-28-0-000-003.059

Alabama Baldwin County Fairhope 36532

59 Summer Lake St, Fairhope, AL

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