NOT LISTED FOR SALE

8856 Lake View Dr Fairhope, AL 36532

Estimated Value: $450,000 - $502,000

4 Beds
3 Baths
2,309 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $297,000 $129 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,854/month

Highlights

  • Gated Community
  • Vaulted Ceiling
  • L-Shaped Dining Room
  • Fairhope East Elementary Rated 10
  • Traditional Architecture
  • Front Porch

About This Home

As of October 2020

Located in the popular Fairfield Place neighborhood, this 4 bedroom 3 bath custom brick and stucco home has a split bedroom, a sunroom and a fenced backyard! Tall ceilings, luxury vinyl flooring in living areas, blinds on windows. The kitchen boasts beautiful white granite counters with loads of white cabinets and an eat-in bar and breakfast area as well as stainless appliances and refrigerator. Separate dining area with lots of natural light. Master suite is large and inviting
with its tub and double vanities! Bedroom 2 and 3 share a bathroom while bedroom 4 has its own en suite bathroom with shower. Laundry room is spacious with lots of wall space. Covered back patio with tongue and groove wood ceiling. Fenced yard. Double car garage. Easy walking distance to Fairhope schools.

Last Agent to Sell the Property

Jaime Cooper Team

EXIT Realty Lyon & Assoc.Fhope License #103891 Listed on: 08/29/2020

EXIT Realty Lyon & Assoc.Fhope

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 2003

Lot Details

  • 0.43

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Wood Siding
  • Brick Front
  • Stucco

Interior Spaces

  • 2,309 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • L-Shaped Dining Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

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

Additional Features

  • 0.43 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4605210000031064

Community Details

Overview

  • Fairfield Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,505

Year Built

Built in 2003

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 100' X 180.9' IRR LOT 64 UNIT III FAIRFIELD PLACE SUB SLIDE 1814-B LYING IN THE SE1/4 LYING IN THE CITY OF FAIRHOPE SEC 21-T6S-R2E (WD/SURVIVORSHIP)
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Vaulted, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Dining L, Separate Dining Room
  • Square Footage: 2309.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Block, Brick Front, Stucco, Wood Siding
  • Roof Type: Ridge Vents
  • Patio And Porch Features: Front Porch, Rear Porch
  • Exterior Features: Storage
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 21
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: FAIRFIELD PLACE

Lot Info

  • Acres: 0.4300
  • Lot Dimensions: 100'x180.9' IRR
  • Parcel Number: 4605210000031064
  • Price Acre Dollar: 690697.67
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

MLS Schools

  • Elementary School: Fairhope East
  • High School: Fairhope
  • Middle School: Fairhope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 7, 2020
Sold by
Cunningham Joel B and Cunningham Molly
Bought by
Wakeley Sandra and Wakeley Aubrey
Seller's Agent
Jaime Cooper Team
EXIT Realty Lyon & Assoc.Fhope
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
Sold Price
$297,000
Current Estimated Value
$482,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,090
Avg. Annual Appreciation
9.92%
Original Mortgage
$186,500
Outstanding Balance
$165,882
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$316,208

Purchase Details

Closed on
Aug 24, 2009
Sold by
Otto Ferlin W and Otto Maria F
Bought by
Cunningham Joel B and Cunningham Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,718
Interest Rate
5.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wakeley Sandra $297,000 None Available
Cunningham Joel B $235,218 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakeley Sandra $186,500
Previous Owner Cunningham Joel B $230,718
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $297,000 0.0% $129 / Sq Ft
10/07/2020 10/07/20 Sold $297,000 -2.6% $129 / Sq Ft View Prior Sale
08/29/2020 08/29/20 Pending -- -- --
08/29/2020 08/29/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $305,000 -6.2% $132 / Sq Ft
07/22/2020 07/22/20 For Sale $325,000 -- $141 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of 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 $3,505 $76,200 $15,820 $60,380
2023 $3,348 $72,780 $13,540 $59,240
2022 $2,824 $61,400 $0 $0
2021 $1,249 $48,720 $0 $0
2020 $1,219 $27,480 $0 $0
2019 $1,041 $25,260 $0 $0
2018 $1,098 $26,580 $0 $0
2017 $992 $24,120 $0 $0
2016 $966 $23,520 $0 $0
2015 $984 $23,920 $0 $0
2014 $954 $23,240 $0 $0
2013 -- $22,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0642837

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 46-05-21-0-000-031.064