NOT LISTED FOR SALE

7445 Monk Rd Fairhope, AL 36532

Estimated Value: $2,338,357

40 Acres
$58,459 Price per Acre
1,742,400 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $2,100,000

Est. 11% increase in value since last sale

Current estimated payment $12,968/month

7 Days on Market

Highlights

  • 40 Acre Lot
  • J. Larry Newton School Rated A-
  • Pond

About This Lot

As of July 2022

40 Acres in prime location in Fairhope/Point Clear area. Property includes small house and new barn. Currently divided into 4 parcels totaling 40 acres with 2 small ponds on property.

Last Agent to Sell the Property

Mary Cane

Courtney & Morris Daphne Listed on: 05/11/2022

Last Buyer's Agent

Mary Cane

Courtney & Morris Daphne Listed on: 05/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $592

Lot Details

  • 40

Schools

  • J. Larry Newton Elementary School
  • Fairhope High School

Additional Features

  • 40 Acre Lot
  • Pond
  • Well

Listing and Financial Details

  • Assessor Parcel Number 56-03-05-0-000-009.000

Property Details

Property Type

Land

Est. Annual Taxes

$592

Lot Details

0

Listing Details

  • Class: Lots And Land
  • Flood Zone: X
  • Intersecting Street: Greeno Rd
  • Property Type: Land
  • Lot Type: Land
  • Parcel Id Tax Id: 56-03-05-0-000-009.000
  • Geo Subdivision: AL
  • Property Legal Description: 40AC PARCEL 2 MONK ROAD RE-PLAT SLIDE 2637-A ALSO DESCRIB ED AS COM AT THE SE COR OF THE SW 1/4 S
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 52500

Exterior Features

  • Water Property Type: Pond

Utilities

  • Utilities: Sewage-Septic, Water-Well, Water-Available

Schools

  • Elementary School: J. Larry Newton
  • High School: Fairhope High

Lot Info

  • Estimated Lot Size: 40
  • Lot Block Unit: PAR 1-4 Monk
  • Lot Description: 25-50 Acres
  • Lot Size: 40 Ac

Tax Info

  • Property Taxes: 592.
  • Assessor Parcel Number: 47565

MLS Schools

  • Elementary School: J. Larry Newton
  • HighSchool: Fairhope High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Blackacre Properties Llc
Bought by
River Pointe-Point Clear Trust
Current Estimated Value
$2,338,357
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
River Pointe-Point Clear Trust $2,100,000 Hays Kevin
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $2,100,000 -12.5% --
05/18/2022 05/18/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $2,400,000 -- --
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 $1,986 $64,060 $64,060 $0
2023 $1,585 $49,960 $49,960 $0
2022 $21 $680 $0 $0
2021 $21 $680 $0 $0
2020 $31 $1,000 $0 $0
2019 $28 $1,000 $0 $0
2018 $40 $1,420 $0 $0
2017 $40 $1,420 $0 $0
2016 $40 $1,420 $0 $0
2015 -- $1,420 $0 $0
2014 -- $940 $0 $0
2013 -- $940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 330495

Baldwin REALTORS®

APN: 56-03-05-0-000-009.000