NOT LISTED FOR SALE

70 S Section St Unit 3 Fairhope, AL 36532

Estimated Value: $585,000 - $672,000

-- Bed
1 Bath
1,224 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $310,000 $253 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,671/month

18 Days on Market

Highlights

  • Central Heating and Cooling System
  • Fairhope West Elementary School Rated A-
  • 3-minute walk to Fairhopers Community Park

About This Home

As of June 2017

Location, Location, Location. This condo With commercial space is in the Best spot in Fairhope with lots of drive by and Pedestrian traffic. This unit is under current lease and producing income. this is a great opportunity to own a growing and great spot in Fairhope.

Last Agent to Sell the Property

Robert Jaeger

Youngs Suncoast Realty on Gulf Listed on: 02/27/2017

Last Buyer's Agent

Rance Reehl

Coldwell Banker Reehl Prop Fairhope

Coldwell Banker Reehl Prop Fairhope

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,180

Year Built

  • Built in 2006

Lot Details

  • Property is zoned 2+ Family Residence

Parking

  • Parking Lot

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,224 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sir Roberts Court Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,180

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Slab
  • Property Type: Residential Attached
  • Style: Condo
  • Zoning Area: 2+ Family Residence
  • Year Built: 2006
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Living Area: 1224
  • Bathrooms: 1
  • Kitchen: Dimensions: 8x10
  • Price Per Sq Ft: 253.27
  • Property Interior Stories: 2

Exterior Features

  • Roof: Built Up Flat
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Sewage-City

Condo/Co-op/Association

  • Condo Building Stories: 2
  • Condo Complex: Sir Roberts Court

Tax Info

  • Assessor Parcel Number: 284416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jun 5, 2017
Sold by
Carriage Quarters Llc
Bought by
70 Section Street Llc
Seller's Agent
Robert Jaeger
Youngs Suncoast Realty on Gulf
Buyer's Agent
Rance Reehl
Coldwell Banker Reehl Prop Fairhope
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$618,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,826
Avg. Annual Appreciation
8.58%
Original Mortgage
$248,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2007
Sold by
Merritt Susan T and Cunningham Susan T
Bought by
Carriage Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,850
Interest Rate
6.7%
Mortgage Type
Unknown
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
70 Section Street Llc $62,000 None Available
Carriage Quarters Llc -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 70 Section Street Llc $248,000
Previous Owner Carriage Quarters Llc $144,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2017 06/05/17 Sold $310,000 0.0% $253 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $310,000 -3.1% $253 / Sq Ft
12/23/2016 12/23/16 Sold $320,000 0.0% $242 / Sq Ft View Prior Sale
06/03/2016 06/03/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $320,000 -- $242 / 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 $5,180 $112,600 $0 $112,600
2023 $5,180 $112,600 $0 $112,600
2022 $2,927 $63,640 $0 $0
2021 $2,927 $63,640 $0 $0
2020 $2,927 $63,640 $0 $0
2019 $2,737 $63,640 $0 $0
2018 $2,632 $61,200 $0 $0
2017 $2,473 $57,520 $0 $0
2016 $1,842 $42,840 $0 $0
2015 $1,810 $42,100 $0 $0
2014 $1,810 $42,100 $0 $0
2013 -- $42,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 250068

Baldwin REALTORS®

APN: 46-03-37-0-602-005.001-903