NOT LISTED FOR SALE

8 Summer Ln Fairhope, AL 36532

Estimated Value: $1,079,000 - $1,543,000

4 Beds
2.5 Baths
3,339 Sq Ft
$400/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,375,000 $412 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,020/month

119 Days on Market

Highlights

  • In Ground Pool
  • 1.2 Acre Lot
  • Creole Architecture
  • Fairhope West Elementary School Rated A-
  • Vaulted Ceiling
  • Outdoor Fireplace

About This Home

As of May 2024

Stunning home custom built in 1994 with countless unique features and characteristics. Located on 1.2 acres in downtown Fairhope with a beautifully maintained and landscaped yard. Nestled on a private lot just 1 mile from downtown Fairhope and 1 mile to Mobile Bay. You couldn't ask for a better location! The interior of the home exudes southern charm and quality craftsmanship featuring v-joint pine ceilings, pine floors, recessed lighting and hurricane rated windows. The gourmet kitchen features a 6-burner gas stove with a pot filler, a wet bar, stainless steel appliances, granite countertops and an abundance of storage space. Glass enclosed sunrooms on the back of the home are engulfed in natural light making it the perfect spot to sip your morning coffee and could also be used as an art studio or gym space. The backyard is quite the private oasis-, featuring an inground saltwater pool, hot tub, outdoor kitchen, fire pit and covered patio, making it the perfect area for entertaining. The outdoor lighting has all been upgraded and looks absolutely gorgeous at night. Grow your own garden in the hothouse located in the backyard. Already wired with electricity, water and a hydroponic drip system, this is the perfect area for a skilled gardener, or a beginner-Could also be used as a storage building. There are also several fruit trees located on the property including fig, lemon and satsuma. Recent improvements include a new Fortified roof installed 11/23. The primary bathroom underwent a complete remodel in 2023. Stairway balluster has been upgraded. Indoor light fixtures upgraded. The back porch decking has all recently been replaced.

Last Agent to Sell the Property

Ashley Sievering

EXIT Realty Lyon & Assoc.Fhope Listed on: 11/27/2023

EXIT Realty Lyon & Assoc.Fhope

Last Buyer's Agent

Renee Marshall

Sweet Willow Realty

Sweet Willow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1994

Lot Details

  • 1.2 Acre Lot
  • Fenced
  • Level Lot
  • Few Trees
  • 3 Lots in the community

Home Design

  • Creole Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 3,339 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Living Room
  • Screened Porch

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Garden Bath
  • Separate Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Community Details

  • Magnolia Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-03-37-0-014-176.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,042

Year Built

Built in 1994

Lot Details

1.2 Acres

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Piers
  • Construction Status: Resale
  • Intersecting Street: 3rd Street
  • Property Amenities: Cable, Carbon Monoxide Detector, Ceiling Fan(s), Covered Patio, Fenced, Handicap Accessible, High Ceilings, Internet, Outdoor Hot Tub, Outdoor Kitchen, Patio, Porch-Screened, Security Lighting, Termite Contract, Vaulted Ceiling, Wheelchair Accessible, Pool-Inground (Home), Porch-Back
  • Property Type: Residential Detached
  • Style: Creole
  • Parcel Id Tax Id: 46-03-37-0-014-176.000
  • Year Built: 1994
  • Geo Subdivision: AL
  • Living Room Group: Living Room
  • Property Legal Description: 141 X 240 (S) Magnolia Beach Sub Pt Blk 52 Desc As : Fm Se Cor Blk 52 Run Ne 26.3 For The Pob Run T
  • Subdivsn Or Commnty: Magnolia Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Double Oven, Icemaker, Microwave, Range-Gas, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 3339
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x15, On Level: 2
  • Bedroom 3: Dimensions: 11x12, On Level: 2
  • Bedroom 4: Dimensions: 11x14, On Level: 2
  • Bedrooms: 4
  • Den: Dimensions: 11x16, On Level: Main Level
  • Dining Area: Dimensions: 11x14, On Level: Main Level
  • Fireplace: Great Room, Outdoor, Woodburning
  • Floors: Tile, Wood
  • Great Room: Dimensions: 15x22, On Level: Main Level
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13x16, On Level: Main Level
  • Living Room: Dimensions: 15x22, On Level: Main Level
  • Master Bed: Dimensions: 13x16, On Level: Main Level
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 411.8
  • Property Interior Stories: 1.5
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Garden Tub, Separate Shower, 1st Floor Primary, Walk In Closet

Exterior Features

  • Exterior Finish: Concrete Board, Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Central Heat, Heat Pump
  • Utilities: Fairhope Utilities

Lot Info

  • Estimated Lot Size: 1.2
  • Lot Block Unit: 52
  • Lot Description: Less Than 1 Acre, Level, Some Trees
  • Multiple Lots: Yes
  • Number Lots: 3

Tax Info

  • Property Taxes: 3041.58
  • Assessor Parcel Number: 30068

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
Nov 27, 2023
Closed on
May 14, 2024
Sold by
Morgan William L
Bought by
Richardson Chris and Wattenbarger Sara
Seller's Agent
Ashley Sievering
EXIT Realty Lyon & Assoc.Fhope
Buyer's Agent
Renee Marshall
Sweet Willow Realty
List Price
$1,485,000
Sold Price
$1,375,000
Premium/Discount to List
-$110,000
-7.41%
Views
250
Current Estimated Value
$1,335,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,693
Avg. Annual Appreciation
-1.58%
Original Mortgage
$1,375,000
Outstanding Balance
$1,356,619
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
-$21,312

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 14, 2021
Sold by
Mullins Henry C and Mullins Claudia D
Bought by
Morgan William L
Seller's Agent
Judy Niemeyer
Ashurst & Niemeyer LLC
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$510,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Source: Public Records
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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
Richardson Chris $1,375,000 None Listed On Document
Morgan William L $1,000 None Available
Morgan William L $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Chris $1,375,000
Previous Owner Morgan William L $510,000
Previous Owner Morgan William L $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $1,375,000 -7.4% $412 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
11/27/2023 11/27/23 For Sale $1,485,000 +69.7% $445 / Sq Ft
01/14/2021 01/14/21 Sold $875,000 0.0% $260 / Sq Ft View Prior Sale
01/14/2021 01/14/21 Sold $875,000 -2.2% $260 / Sq Ft View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
12/14/2020 12/14/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $895,000 -- $266 / Sq Ft
Source: Baldwin REALTORS®

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 $879 $19,100 $19,100 $0
2023 $864 $18,780 $18,780 $0
2022 $805 $17,500 $0 $0
2021 $317 $6,900 $0 $0
2020 $304 $6,600 $0 $0
2019 $270 $6,280 $0 $0
2018 $242 $5,620 $0 $0
2017 $242 $5,620 $0 $0
2016 $232 $5,400 $0 $0
2015 $409 $9,500 $0 $0
2014 $409 $9,500 $0 $0
2013 -- $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 354700

Baldwin REALTORS®

APN: 46-03-37-0-014-172.003

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