$725,000
PENDING $24K PRICE DROP

704 Olive Ave Fairhope, AL 36532

Estimated payment $4,052/month

Total Views 7,180
4 Beds
3.5 Baths
2,677 Sq Ft
$271 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Soaking Tub
  • Fairhope Primary School Rated A-
  • No HOA
  • Views

About This Home

This beautifully renovated home near historic downtown Fairhope is sure to sell fast! Large front and backyard. Backyard has been updated to include new deck and gas fire pit! Large family room and master bedroom! The home office makes working remotely comfortable and private. Buyer and Buyer's Agent to verify all information deemed important during due diligence. Buyer to verify all information during due diligence.

Listing Agent

Cathy Spehar

EXIT Realty Lyon & Assoc.Fhope Listed on: 06/20/2025

EXIT Realty Lyon & Assoc.Fhope

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1977

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 110 x 140
  • Fenced

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2,677 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Termite Clearance
  • Property Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 4603390002099.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,443

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: Other-See Remarks
  • Parcel Number: 4603390002099.000
  • Year Built: 1977
  • Property Sub-Type: Traditional
  • ResoCommunityFeatures: None
  • Reso Fencing: Fenced
  • ResoLotFeatures: Less than 1 acre
  • Lot Size Acres: 0.36
  • Co List Office Phone: 251-929-4545
  • Ownership: Whole/Full
  • MLS Status: Pending
  • Subdivision Name: Park Terrace
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Appraiser
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Reso Fireplace Features: Wood Burning
  • Unit Levels: One
  • Living Area: 2677
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator w/Ice Maker, Cooktop
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Stories: 1
  • Dining Room Features: Dining/Kitchen Combo
  • Master Bedroom Features: 1st Floor Primary
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • View: Yes
  • Waterfront Features: No Waterfront
  • Disclosures: Lead Paint Disclosure, Seller Related to Agt
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Termite Contract
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 1
  • Attached Garage: No
  • Parking Features: Single Carport
  • Total Parking Spaces: 1

Utilities

  • Utilities: Fairhope Utilities
  • Cooling: Central Electric (Cool), Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: More Than 2 Pets Allowed

Schools

  • Middle Or Junior School: Fairhope Middle

Lot Info

  • Lot Dimensions: 110 x 140
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Square Feet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2442.6
  • Tax Block: 2
  • Tax Lot: 2

MLS Schools

  • Elementary School: Fairhope East Elementary
  • HighSchool: Fairhope High

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,443 $53,100 $19,020 $34,080
2023 $2,287 $49,720 $20,160 $29,560
2022 $1,993 $43,320 $0 $0
2021 $1,904 $38,500 $0 $0
2020 $1,747 $37,980 $0 $0
2019 $1,648 $38,320 $0 $0
2018 $1,132 $27,380 $0 $0
2017 $1,087 $26,320 $0 $0
2016 $980 $23,840 $0 $0
2015 -- $22,380 $0 $0
2014 -- $19,300 $0 $0
2013 -- $18,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $725,000 0.0% $271 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $725,000 -3.2% $271 / Sq Ft
06/20/2025 06/20/25 For Sale $749,000 +220.1% $280 / Sq Ft
10/16/2017 10/16/17 Sold $234,000 0.0% $94 / Sq Ft
10/16/2017 10/16/17 Sold $234,000 -2.3% $94 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/30/2017 08/30/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $239,500 -- $97 / Sq Ft
Source: Baldwin REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $187,200 Commercial
Previous Owner $100,000 Stand Alone Second
Previous Owner $141,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $126,300 Fannie Mae Freddie Mac
Previous Owner $190,000 Purchase Money Mortgage
Source: Public Records

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Source: Baldwin REALTORS®

MLS Number: 381045

Baldwin REALTORS®

APN: 46-03-39-0-002-099.000