516 Fair Oaks Dr, Fairfield, AL, 35064

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

516 Fair Oaks Dr, Fairfield$189,000

Buyer Closing Credits

$2,244^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingConcrete, Driveway

Year Built1970

HeatingNatural Gas

CoolingCentral Air, Gas

BasementYes

FireplaceNone

MLS #165026

Lot Size0.34 Acres

StatusActive

About 516 Fair Oaks Dr

Great investment opportunity. The house does need some tender loving care before it becomes move in ready.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Other
• Year Built: 1970
• Living Area: 1,795 SqFt

Listing Office:

• Office Name: Visions Realty
• Office Phone: (205) 393-8620
• Listing Agent: Larry Williams

Interior Features

Interior Information:

• Appliances: Electric Water Heater
• Basement: Yes
• Fireplace: None

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Parking: Concrete, Driveway

Lot Features

Lot Information:

• Lot Size: 0.34 Acres

Utilities

Utilities Information:

• Heating: Natural Gas
• Cooling: Central Air, Gas

Other

Directions Information:

• Directions: From Birmingham Take 1-20/59 W, exit onto US 11 toward Fairfield, continue toward Gary Avenue, turn left onto Fair Oaks Dr., arrive at 516 Fair Oaks Dr.

Price Information

Listing Price Info

Price Summary:

• List Price: $189,000
• Price Per SqFt: $105/SqFt

Tax Information:

• Annual Amount: $1,702
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Fairfield, AL.

Fairfield, AL

City

Med. Sold Price

$103K

Med. Price/SqFt

$100

Avg. Days On Market

58

# of Sold Homes

3

516 Fair Oaks Dr vs Fairfield

18 DAYS ON ROCKET

-40 Days

$189,000

+$86K More

$105/SqFt

+$4 More

KEY TAKEAWAY

This property is $86K more than the Median Sold Price and $4/SqFt more than other homes in Fairfield, AL.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Name: WestAlabamaMLS
• MLS Number: #165026

Listing Office:

• Office Name: Visions Realty
• Office Phone: (205) 393-8620
• Listing Agent: Larry Williams

Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 West Alabama Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:16:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 23, 2016	Nov 23, 2016Home Sold	$42,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,702	$22,640
2018	$1,909	$25,620
2017	$1,909	$25,620

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,011

Per Month

Principal & Interest

$944

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Alabama›Jefferson County›Fairfield›35064›516 Fair Oaks Dr

This home is located at 516 Fair Oaks Dr in Fairfield, AL and zip code 35064. This 1,795 square foot home, which was built in 1970, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $189,000.

While more than 0 listings in Fairfield, AL in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Fairfield, AL increased by 4% between October 2024 and November 2024. In November 2024 median list price was $103,000 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.