NOT LISTED FOR SALE

859 Lafayette Dr Fairhope, AL 36532

Estimated Value: $601,000 - $719,000

5 Beds
3.5 Baths
2,700 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $555,000 $206 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,939/month

7 Days on Market

Highlights

  • Guest House
  • 0.7 Acre Lot
  • 1 Fireplace
  • Fairhope West Elementary School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of August 2021

Welcome home to the timeless neighborhood of Colonial Acres! 859 Lafayette Drive is perfectly placed minutes from downtown Fairhope, shopping, an endless supply of amazing restaurants and all that the Eastern Shore has to offer! This unique home sits on a large corner lot with a detached guest house, a workshop/shed, a greenhouse & no HOA's! The main house has many features, some of which include 2,075 sqft. of living space, 4 bedrooms, 2.5 baths, an open living/kitchen/dining concept, natural light every where you turn, an office nook, and a screened in porch to enjoy your fully fenced in back yard. Recent updates to the main home include: Renovated bathrooms | Shutter's | Exterior paint | Eco friendly Bamboo hardwood floors | Electrical wiring | 5 ton HVAC in 2015 | Metal ductwork | Eco friendly cellulose insulation & sun shield in the attic (reduces utility costs) | New windows have been ordered!! The detached suite is 625 sqft. & includes a fully equipped kitchen, an office that could be used as a bedroom, a full bathroom, and a living area! From 2019 to 2021 the detached suite has been completely renovated down to the studs! All new features in the guest house include: Windows | Front door & inside doors | Shutters | Flooring | Interior and exterior paint | Entire bath & kitchen | Electrical | Plumbing | 14 SEER 2 Ton AC unit with smart thermostat | With all that this home has to offer you're sure to fall in love!! Call your favorite agent today to schedule a tour of this one of a kind property!!

Last Agent to Sell the Property

Miranda Fields

Waters Edge Realty Listed on: 07/14/2021

Last Buyer's Agent

Teresa King

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1979

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 213x171x156x162
  • Fenced
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • Outdoor Storage
  • Guest House
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 46-03-08-0-003-022.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Ceiling Fan(s), Covered Patio, Guest Cottage, Fenced, Porch-Screened, Storage Building
  • Property Type: Residential Detached
  • Style: Ranch
  • Parcel Id Tax Id: 46-03-08-0-003-022.000
  • Year Built: 1979
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range-Electric
  • Estimated Living Area: 2700
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 10' x 13.5', On Level: Main Level
  • Bedroom 3: Dimensions: 11.5' x 9.5', On Level: Main Level
  • Bedroom 4: Dimensions: 11' x 10', On Level: Main Level
  • Bedroom 5: Dimensions: 14' x 8', On Level: Main Level
  • Bedrooms: 5
  • Floors: Tile, Wood
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 16' x 10.8', On Level: Main Level
  • Living Dining: Dimensions: 27' x 12', On Level: Lower Level
  • Master Bed: Dimensions: 16' x 13.5', On Level: Main Level
  • Primary Bedroom Bathroom: 1st Floor Master
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 205.56
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

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

Lot Info

  • Estimated Lot Size: 0.7
  • Lot Block Unit: 18
  • Lot Description: Less Than 1 Acre, Corner Lot, Level, Some Trees
  • Lot Size: 213x171x156x162

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 1490.48
  • Assessor Parcel Number: 18344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 25, 2021
Sold by
Douglas Jessica Marie and Douglas Keith Michael
Bought by
Phillips Michael Joaquin and Aucoin Megan Anne
Seller's Agent
Miranda Fields
Waters Edge Realty
Buyer's Agent
Teresa King
RE/MAX of Orange Beach
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Current Estimated Value
$666,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,799
Avg. Annual Appreciation
4.49%
Original Mortgage
$495,000
Outstanding Balance
$450,413
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$216,386

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 21, 2019
Sold by
Yazdani Saami and Boyle Lauren
Bought by
Douglas Jessica Marie and Douglas Keith Michael
Seller's Agent
Anne Dorman
Mobile Bay Realty
Buyer's Agent
Miranda Fields
Waters Edge Realty
List Price
$344,500
Sold Price
$342,000
Premium/Discount to List
-$2,500
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.24%
Original Mortgage
$317,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2013
Sold by
Wohlers Sheila
Bought by
Yazdani Saami and Boyle Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,580
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2009
Sold by
Taylor Andrew J and Taylor Helen M
Bought by
Wohlers Richard and Wohlers Sheila
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
Phillips Michael Joaquin $555,000 None Available
Douglas Jessica Marie $342,000 None Available
Yazdani Saami -- None Available
Wohlers Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Michael Joaquin $495,000
Previous Owner Douglas Jessica Marie $317,000
Previous Owner Yazdani Saami $167,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $555,000 +0.9% $206 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $550,000 +60.8% $204 / Sq Ft
08/22/2019 08/22/19 Sold $342,000 -0.7% $165 / Sq Ft View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $344,500 -- $166 / 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 $5,180 $112,600 $31,680 $80,920
2023 $4,778 $103,880 $33,600 $70,280
2022 $3,937 $85,580 $0 $0
2021 $1,626 $36,860 $0 $0
2020 $1,490 $33,380 $0 $0
2019 $1,156 $27,920 $0 $0
2018 $1,075 $26,040 $0 $0
2017 $1,021 $24,800 $0 $0
2016 $910 $22,220 $0 $0
2015 -- $20,940 $0 $0
2014 -- $19,760 $0 $0
2013 -- $38,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 317084

Baldwin REALTORS®

APN: 46-03-08-0-003-022.000