NOT LISTED FOR SALE

7498 J V Cummings Dr Fairhope, AL 36532

Estimated Value: $223,000 - $562,000

1.47 Acres
$254,715 Price per Acre
63,903 Sq Ft Lot

Last Sold November 09, 2023

Last sale price $125,000

Est. 199% increase in value since last sale

Current estimated payment $2,081/month

73 Days on Market

Highlights

  • Waterfront
  • 1.47 Acre Lot
  • Cul-De-Sac
  • Fairhope West Elementary School Rated A-
  • Heavily Wooded Lot

About This Lot

As of November 2023

This serene, creek-side property in the heart of Montrose is the ideal location to build your dream home! This 1.5 acre property located on a quiet cul-de-sac in the highly sought after Flying Creek Subdivision offers plenty of room to build a large home and have a yard to enjoy! Conveniently located near downtown Fairhope, Olde Towne Daphne and Mobile Bay! Numerous dining options, shopping destinations, parks and community events are a just short distance away. Take a daily stroll down scenic Highway 98 under canopies of Spanish moss, kayak/canoe down Fly Creek or simply enjoy the tranquility this land offers. The mature trees on site can be preserved during the building process to offer shade or add to the curb appeal of your home. Construction-ready and utilities available! The adjacent land is owned by the City of Fairhope and offers plenty of privacy. Zoned for Fairhope schools (Fairhope West) and only minutes from several prestigious private schools. This is the only lot currently available in this beautiful, gated community! Don't miss the rare opportunity to own property in this desirable area!

Last Agent to Sell the Property

Kelsey Dixon

Blackwell Realty, Inc. Listed on: 08/11/2023

Last Buyer's Agent

Angela Perry

Coldwell Banker Reehl Prop Fairhope

Coldwell Banker Reehl Prop Fairhope

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $889

Lot Details

  • 1.47 Acre Lot
  • Lot Dimensions are 109.9' x 600'
  • Waterfront
  • Cul-De-Sac
  • Heavily Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Schools

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

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 46-03-08-0-000-004.001

Property Details

Property Type

Land

Est. Annual Taxes

$889

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: Lots And Land
  • Flood Zone: X,AE
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • Associated Document Count: 4
  • Lot Type: Cul-De-Sac
  • Owners Association: Yes
  • Parcel Id Tax Id: 46-03-08-0-000-004.001
  • Geo Subdivision: AL
  • Property Legal Description: 109.96' X 600' FOT 19 FLYING CREEK SUBDIVISION SLIDE 1157-B IN THE CITY OF FAIRHOPE SEC 8-T6S-R2E (S
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 85034.01

Exterior Features

  • Body Of Water: Flycreek
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 475

Fee Information

  • Transfer Fees: Yes

Lot Info

  • Estimated Lot Size: 1.467
  • Lot Block Unit: 19
  • Lot Description: 1-3 Acres, Cul-De-Sac, Heavily Wooded Lot, Waterfront
  • Lot Size: 109.9' X 600'
  • Number Lots: 1

Tax Info

  • Property Taxes: 888.72
  • Assessor Parcel Number: 93413

MLS Schools

  • Elementary School: Fairhope West Elementary
  • HighSchool: Fairhope High
  • Middle School: Fairhope Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Apr 5, 2023
Sold by
Underwood Brian and Underwood Ginger
Bought by
Hester Jeffrey A and Hester Jerrie A
Seller's Agent
Frances Williams
L L B & B, Inc.
Buyer's Agent
Frances Williams
L L B & B, Inc.
List Price
$115,000
Sold Price
$98,500
Premium/Discount to List
-$16,500
-14.35%
Views
83
Current Estimated Value
$373,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,167
Avg. Annual Appreciation
67.66%
Original Mortgage
$88,650
Outstanding Balance
$86,025
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$287,642

Purchase Details

Closed on
Oct 19, 2021
Sold by
Singularity Limited Llc
Bought by
Underwood Brian and Golson Ginger
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
Hester Jeffrey A $98,500 None Listed On Document
Underwood Brian $118,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hester Jeffrey A $88,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2023 11/09/23 Sold $125,000 -16.6% --
10/23/2023 10/23/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $149,900 -3.3% --
08/11/2023 08/11/23 For Sale $155,000 +57.4% --
04/10/2023 04/10/23 Sold $98,500 -14.3% -- View Prior Sale
02/11/2023 02/11/23 Pending -- -- --
06/29/2022 06/29/22 For Sale $115,000 -- --
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 $903 $19,640 $19,640 $0
2023 $889 $19,320 $19,320 $0
2022 $354 $7,700 $0 $0
2021 $334 $7,040 $0 $0
2020 $324 $7,040 $0 $0
2019 $303 $7,040 $0 $0
2018 $275 $6,400 $0 $0
2017 $275 $6,400 $0 $0
2016 $275 $6,400 $0 $0
2015 $275 $6,400 $0 $0
2014 $275 $6,400 $0 $0
2013 -- $7,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelsey Dixon

    Seller's Agent in 2023

    Kelsey Dixon

    Blackwell Realty, Inc.

    (205) 937-8064

    5 in this area

    33 Total Sales

    Kelsey Dixon
    Section Image
  • Frances Williams

    Seller's Agent in 2023

    Frances Williams

    L L B & B, Inc.

    (251) 463-5168

    8 in this area

    70 Total Sales

    Frances Williams
    Section Image
  • Angela Perry

    Buyer's Agent in 2023

    Angela Perry

    Coldwell Banker Reehl Prop Fairhope

    (251) 510-3246

    15 in this area

    162 Total Sales

    Angela Perry
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 350151

Baldwin REALTORS®

APN: 46-03-08-0-000-004.001

Alabama Baldwin County Fairhope 36532

7498 J V Cummings Dr, Fairhope, AL

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