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301 South Drive

301 South Drive, Fairhope, AL 36532
Property in Baldwin
Sold Jul 31, 2012
$300,000
$240,000 by American Internet Mortgage Inc
Mortgage Due Aug 01, 2042
Sold Jun 13, 2012
$337,695
Local assessors in Fairhope, AL have categorized 301 South Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 47,966 square feet. The linear feet between the front and back of the lot was measured at 2,484 ft and the front of the lot was measured at 1,931 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 301 South Drive has a total of 3,423 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of shingle (not wood). Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 301 South Drive was last sold in Jul 26, 2012 for $300,000. According to our calculations, that's $87.64 per sqft. Prior to that sales transaction, the property was sold for $337,695 in Jun 1, 2012. Current property owners are expected to pay $2,031 in taxes per year. The property on 301 South Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $45,140. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,966
  • Lot Size Depth Feet: 2,484
  • Lot Size Frontage Feet: 1,931
  • Total Building Area: 3,423
  • Building Area: 3,423
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,423
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROCK CREEK PHASE THREE
  • Land Acres: 1.101
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 193.1 X 248.4 IRR LOT 235 ROCK CREEK PHASE THREE SLIDES 1480-B & 1481-A CITY OF FAIRHOPE SEC 32-T5S-R2E (SP WD-SURVIVORSHIP)

Ownership

  • Current Owner : FOLEY MICHAEL D
  • Current Owner 2: FOLEY AMY H
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: DERSCH ROBERT BRYAN
  • Owner Before Previous Owner 2: DERSCH TINA ANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Baldwin County School District
  • Census Tract: 010709

Geography

  • Account Number: 294440
  • Parcel: 43-09-32-0-001-304
  • Lot: 235
  • Municipality: FAIRHOPE
  • Latitude: 30.5626
  • Longitude: -87.8913

    Address

  • Full Address: 301 South Dr
  • Address - House Number: 301
  • Address - Street Name: South
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Fairhope
  • Carrier Code: R011
  • 4-Digit Zip Code: 6311
  • Zip Code: 36532

Valuation

    Tax

  • Total Area: 3,931
  • Tax Year: 2022
  • Tax Amount: $2,031
  • Tax Rate Code Area: 063

    Appraisal Valuation

  • Standard Deviation: 0.2758
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 630,668
  • High Value: 804,643
  • Low Value: 456,693

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 31, 2012
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Second Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Second Open Lien Mortgage Recording Date: Nov 05, 2014
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $451,300
  • Market Land Value: $91,300
  • Market Improvement Value: $360,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2012
  • Current Sale Recording Date: Jul 31, 2012
  • Current Sale Transaction ID: 1000124792
  • Current Sale Price: $300,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1351145
  • Previous Sale Recording Date: Jun 13, 2012
  • Previous Sale Contract Date: Jun 01, 2012
  • Previous Sale Amount: $337,695
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Mortgage Transaction Date: Jul 31, 2012
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

About Fairhope



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Nearby Rentals

Unit for rent at 406 N Ingleside Street, Fairhope, AL, 26532

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,869 ft²
406 N Ingleside Street, Fairhope, AL, 26532 Listing by Bo Blackwell

Frequently Asked Questions

What neighborhood is 301 South Drive located in?
The 301 South Drive is a located in the neighborhood of Baldwin in Fairhope, Fairhope.
What is the average sales price for listings in 301 South Drive?
The average sales price for units in 301 South Drive is $0 currently.

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