NOT LISTED FOR SALE

7255 Jay Ln Fairhope, AL 36532

Montrose Neighborhood

Estimated Value: $376,000 - $468,000

3 Beds
2.5 Baths
1,550 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $225,000 $145 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,341/month

19 Days on Market

Highlights

  • Creole Architecture
  • Detached Garage
  • En-Suite Primary Bedroom
  • Fairhope Primary School Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2018

Highly desirable Montrose location at an excellent price. This property is located on a quiet street between Hwy 98 and Scenic Hwy 98. Enjoy everything that living in Montrose Village has to offer including close proximity to downtown Fairhope, easy access to supermarkets, shops and restaurants, and walking distance to the bay. This creole cottage is on a secluded lot with beautiful mature trees. Open kitchen with granite countertops and breakfast bar. Stainless dishwasher and gas range. Master suite, living area, dining area, and half bath downstairs. Extra room that could be used for an office or craft room. 2 bedrooms and 1 full bath upstairs along with a nice sitting area in between. Detached garage.

Last Agent to Sell the Property

Shonna Nance

Keller Williams AGC Realty-Da Listed on: 06/20/2018

Keller Williams AGC Realty-Da

Last Buyer's Agent

JWRE Coastal Team

JWRE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $892

Year Built

  • Built in 1983

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 104x220

Parking

  • Detached Garage

Home Design

  • Creole Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Montrose Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-09-32-0-000-053.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$892

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s)
  • Property Type: Residential Detached
  • Style: Creole
  • Parcel Id Tax Id: 43-09-32-0-000-053.001
  • Year Built: 1983
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Montrose Village
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range-Electric
  • Estimated Living Area: 1550
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 10x11, On Level: 2
  • Bedroom 3: Dimensions: 8x10, On Level: 2
  • Bedrooms: 3
  • Floors: Carpet, Tile, Laminate
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 9x11, On Level: Main Level
  • Living Room: Dimensions: 13x31, On Level: Main Level
  • Master Bed: Dimensions: 11x16, On Level: Main Level
  • Other Room: Dimensions: 8x9, On Level: Main Level
  • Price Per Sq Ft: 145.16
  • Property Interior Stories: 2
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Other - See Remarks

Exterior Features

  • Exterior Finish: Wood
  • Roof: Shakes
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Detached

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Gas-Natural, Sewage-City, Water-City, Daphne Utilities, Fairhope Utilities, Riviera Utilities

Schools

  • Elementary School: Fairhope Elementary
  • Middle School: Fairhope Middle
  • High School: Fairhope High
  • Intermediate School: Fairhope Intermediate

Lot Info

  • Estimated Lot Size: 0.57
  • Lot Description: Less Than 1 Acre
  • Lot Size: 104x220

Tax Info

  • Property Taxes: 891.82
  • Assessor Parcel Number: 40099

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
Jun 20, 2018
Closed on
Aug 29, 2018
Sold by
Hayenes Charles
Bought by
Jones Alex S and Jones Melissa B
Seller's Agent
Shonna Nance
Keller Williams AGC Realty-Da
Buyer's Agent
JWRE Coastal Team
JWRE
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$406,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,503
Avg. Annual Appreciation
9.21%
Original Mortgage
$225,000
Outstanding Balance
$197,815
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$218,424

Purchase Details

Closed on
Jan 26, 2017
Sold by
Tolbert Kenyatta M
Bought by
Haynes Charles

Purchase Details

Listed on
Sep 8, 2012
Closed on
Nov 20, 2012
Sold by
Fannie Mae
Bought by
Simmons Haynes Charles Earnest and Simmons Haynes Paula
Seller's Agent
Kimberly Wiggins
DHI Realty of Alabama, LLC
Buyer's Agent
Terryl Reeves
Bellator Real Estate, LLC Fair
List Price
$163,500
Sold Price
$163,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$130,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2012
Sold by
Jay Walter B and Jay Lucy J
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Alex S $225,000 None Available
Haynes Charles $1,000 None Available
Simmons Haynes Charles Earnest $163,500 None Available
Federal National Mortgage Association $166,644 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Alex S $225,000
Previous Owner Simmons Haynes Charles Earnest $130,800
Previous Owner Jay Walter B $41,000
Previous Owner Jay Lucy J $15,000
Previous Owner Jay Walter Byron $10,000
Previous Owner Jay Walter B $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $225,000 -10.0% $145 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $250,000 +52.9% $161 / Sq Ft
11/26/2012 11/26/12 Sold $163,500 0.0% $105 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
09/08/2012 09/08/12 For Sale $163,500 -- $105 / 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 $1,516 $33,940 $18,040 $15,900
2023 $1,550 $34,680 $18,280 $16,400
2022 $1,246 $28,060 $0 $0
2021 $1,171 $26,440 $0 $0
2020 $1,144 $25,840 $0 $0
2019 $999 $24,280 $0 $0
2018 $985 $22,900 $0 $0
2017 $892 $20,740 $0 $0
2016 $883 $20,540 $0 $0
2015 $857 $19,940 $0 $0
2014 $857 $19,940 $0 $0
2013 -- $36,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shonna Nance

    Seller's Agent in 2018

    Shonna Nance

    Keller Williams AGC Realty-Da

    (251) 716-6325

    1 in this area

    46 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    JWRE Coastal Team

    JWRE

  • K

    Seller's Agent in 2012

    Kimberly Wiggins

    DHI Realty of Alabama, LLC

    (251) 421-5288

    122 Total Sales

    Section Image
  • Terryl Reeves

    Buyer's Agent in 2012

    Terryl Reeves

    Bellator Real Estate, LLC Fair

    (251) 209-7484

    1 in this area

    113 Total Sales

    Section Image
See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 271199

Baldwin REALTORS®

APN: 43-09-32-0-000-053.001

Alabama Baldwin County Fairhope 36526 Montrose

7255 Jay Ln, Fairhope, AL

This home is located at 7255 Jay Ln, Fairhope, AL 36532 since 20 June 2018 and is currently estimated at $419,428, approximately $270 per square foot. This property was built in 1983. 7255 Jay Ln is a home located in Baldwin County with nearby schools including Fairhope Primary School, Fairhope Middle School, and Fairhope High School.

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.

Baldwin 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.

Nearby Homes