NOT LISTED FOR SALE

702 Olive Ave Fairhope, AL 36532

Estimated Value: $621,939 - $702,000

4 Beds
3 Baths
2,399 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $449,000 $187 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,679/month

3 Days on Market

Highlights

  • Corner Lot
  • Cottage
  • Breakfast Bar
  • Fairhope West Elementary School Rated A-
  • Double Pane Windows
  • Views

About This Home

As of December 2020

Must see this fully renovated 4 bedroom 3 bathroom cottage located in Fairhope's Park Terrace! Nestled on a corner lot on a quiet street, this white painted brick house makes for easy living and entertaining! With its concrete circular drive and inviting wooden double entry doors, all will enjoy. Designer luxury vinyl plank flooring and a neutral paint scheme throughout entire house. New plumbing, electrical, LED can lighting, impact resistant high UV rated thermal windows and sliding doors. Open concept living area with an open kitchen and dining. Kitchen boasts white cabinets and quartz counters, marble backsplash, oversized island with room for barstools, stainless appliances, gas range, large pantry with double doors. Den features a wood-burning fireplace with shiplap and space for chests/bookcases on either side. Master bedroom has a large walk-in closet, tiled shower, double vanities with plenty of cabinet storage. Split bedroom plan with the 3 guest bedrooms on opposite side of house with 1 en suite guest bath and the other share. Utility room can double as an office or craft room. ADA accessible doorways. Fenced yard with oversized concrete patio, new gutters. Close to town, hospitals, restaurants, schools, and shopping!

Last Agent to Sell the Property

Jaime Cooper Team

EXIT Realty Lyon & Assoc.Fhope Listed on: 11/20/2020

EXIT Realty Lyon & Assoc.Fhope

Last Buyer's Agent

Coley Boone

Bellator Real Estate, LLC

Bellator Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 124.3'x140'
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Dimensional Roof
  • Composition Roof

Interior Spaces

  • 2,399 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Additional Features

  • Wheelchair Access
  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46-03-39-0-002-100.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Flood Zone: x
  • Intersecting Street: Myrtle Avenue
  • Property Amenities: Ceiling Fan(s), En-Suite, Fenced, Patio, Split Bedroom Plan, Storage-In, Wheelchair Accessible
  • Property Type: Residential Detached
  • Style: Cottage
  • View: Northern View
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 46-03-39-0-002-100.000
  • Year Built: 1974
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range-Gas, Smoke Detector
  • Estimated Living Area: 2399
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 11x13, On Level: Main Level
  • Bedroom 3: Dimensions: 11x11, On Level: Main Level
  • Bedroom 4: Dimensions: 15x12, On Level: Main Level
  • Bedrooms: 4
  • Den: Dimensions: 14x14, On Level: Main Level
  • Dining Area: Dimensions: 14x14, On Level: Main Level
  • Dining Area Type: Breakfast Bar, Dining/Kitchen Combo
  • Fireplace: Living Room, Woodburning
  • Floors: Vinyl
  • Kitchen: Dimensions: 12x21, On Level: Main Level
  • Living Room: Dimensions: 22x15, On Level: Main Level
  • Master Bed: Dimensions: 19x15, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Shower Only, Walk In Closet
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 187.16
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Brick
  • Roof: Composition Shingle, Dimensional
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Central Heat
  • Utilities: Fairhope Utilities, Riviera Utilities

Lot Info

  • Estimated Lot Size: 0.34
  • Lot Description: Less Than 1 Acre, Corner Lot, Level, Elevation-High
  • Lot Size: 124.3'x140'
  • Number Lots: 1

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Energy Star Windows

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1367.20
  • Assessor Parcel Number: 011640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 18, 2020
Sold by
Johnson Leane G
Bought by
Hubbard Kathryn Leigh
Seller's Agent
Jaime Cooper Team
EXIT Realty Lyon & Assoc.Fhope
Buyer's Agent
Coley Boone
Bellator Real Estate, LLC
List Price
$449,000
Sold Price
$449,000
Current Estimated Value
$659,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,985
Avg. Annual Appreciation
8.25%
Original Mortgage
$359,200
Outstanding Balance
$320,365
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$339,620
Source: Public Records

Range of Values:

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Average Value
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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
Hubbard Kathryn Leigh $449,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Kathryn Leigh $359,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $449,000 0.0% $187 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $449,000 -- $187 / 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 $2,409 $53,340 $19,020 $34,320
2023 $2,235 $49,560 $20,160 $29,400
2022 $1,950 $43,380 $0 $0
2021 $1,755 $38,860 $0 $0
2020 $1,367 $30,700 $0 $0
2019 $1,208 $29,140 $0 $0
2018 $1,103 $26,700 $0 $0
2017 $1,060 $25,700 $0 $0
2016 $958 $23,320 $0 $0
2015 -- $21,720 $0 $0
2014 -- $18,820 $0 $0
2013 -- $18,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 305951

Baldwin REALTORS®

APN: 46-03-39-0-002-100.000