NOT LISTED FOR SALE

72 Fairhope Ave Unit 5 Fairhope, AL 36532

Estimated Value: $962,000 - $1,311,000

4 Beds
3.5 Baths
2,230 Sq Ft
$487/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $765,590 $343 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,940/month

Highlights

  • Open-Concept Dining Room
  • New Construction
  • Front Porch
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Fairhope Municipal Park

About This Home

As of December 2020

This beautiful showplace is perfectly located just two blocks from the heart of downtown Fairhope. Knoll Park Residences looks out over historic Knoll Park just steps from scenic Mobile Bay. Four, 3-story brick buildings with charming architectural details will house eight Residences. Construction has begun on phase 2 and complete date scheduled for July-August 2020. The Residences are designed to be modern, elegant, efficient, accessible and low maintenance. Each unit has an elevator and garage along with a "Smart Home System". All high-end appliances and built beyond gold fortification standards with classic finishes. This means that you will spend less time thinking about home maintenance and utility bills, and more time thinking about their next walk to the pier, outdoor concert on the bluff, or First Friday art walk with friends downtown. Only two of the eight units remain available. Call today for more info.

Last Agent to Sell the Property

Terryl Reeves

Bellator Real Estate, LLC Fair License #81038-3 Listed on: 04/24/2020

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4.6

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Front

Interior Spaces

  • 2,230 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Open-Concept Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Front Porch
  • Central Heating and Cooling System

Community Details

  • Mid-Rise Condominium
  • Knoll Park Residences Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4603370010005002501

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 84' X 225' FROM A POINT WHERE FAIRHOPE AVE INTERSECTS WITH BAYVIEW RUN W 33' TO POB TH S 225' TH W 84' TH N 225' TH E 84 TO POB DIV 1 BLK 2 FST SEC 37-6-2 (WBOS) LEASE IN#1645538
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Three Or More
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 2230.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1

Exterior Features

  • Construction Materials: Brick Front
  • Patio And Porch Features: Front Porch, Rear Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: KNOLL PARK RESIDENCES

Lot Info

  • Parcel Number: 4603370010005002501
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Dec 28, 2020
Sold by
Knoll Flats Llc
Bought by
Dee And Jim Gambill Revocable Trust
Seller's Agent
Terryl Reeves
Bellator Real Estate, LLC Fair
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$765,590
Current Estimated Value
$1,085,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,930
Avg. Annual Appreciation
7.50%
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
Dee And Jim Gambill Revocable Trust $766,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2020 12/30/20 Sold $765,590 0.0% $343 / Sq Ft
12/30/2020 12/30/20 Sold $765,590 0.0% $343 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Pending -- -- --
04/24/2020 04/24/20 Pending -- -- --
10/30/2019 10/30/19 Off Market $765,590 -- --
10/30/2019 10/30/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $799,000 +6.7% $358 / Sq Ft
03/20/2018 03/20/18 For Sale $749,000 -- $336 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $3,099 $78,940 $0 $78,940
2023 $3,099 $78,940 $0 $78,940
2022 $0 $78,940 $0 $0
2021 $0 $74,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terryl Reeves

    Seller's Agent in 2020

    Terryl Reeves

    Bellator Real Estate, LLC Fair

    (251) 209-7484

    28 in this area

    53 Total Sales

    Terryl Reeves
    Section Image

  • N

    Buyer's Agent in 2020

    NOT MULTIPLE LISTING

    NOT MULTILPLE LISTING

  • Nickie Olson

    Buyer's Agent in 2020

    Nickie Olson

    Coldwell Banker Reehl Prop Fairhope

    (251) 401-2022

    25 in this area

    57 Total Sales

    Nickie Olson
    Section Image
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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0638791

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-03-37-0-010-005.002-905

Alabama Baldwin County Fairhope 36532

72 Fairhope Ave Unit 5, Fairhope, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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