5 months on rocket

7616 Melvin Ln, Fairhope, AL, 36532

$184,900

1.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

MLS #364896
Lot Size1.50 Acres
StatusActive

About 7616 Melvin Ln

A blank canvas waiting for you to bring your dream to life. The property offers the perfect balance of privacy and community. The location is second to none. It’s just a short drive from the vibrant downtown Fairhope, known for its art galleries, boutiques, and gourmet restaurants. Plus, the beautiful Mobile Bay is nearby, perfect for those who enjoy boating, fishing, or simply watching the sunset over the water.Utilities are accessible, and the land is ready for development. Whether you’re looking to build a family home, a retirement retreat, or an investment property, this plot offers endless possibilities.Don’t miss out on this chance to create your dream property in Fairhope, AL. Contact us today for more information and to schedule a viewing. Buyer to verify all information during due diligence.

Property Details

Property Features

Listing Office:

  • Office Name: Ashurst & Niemeyer LLC
  • Office Phone: (251) 928-9265
  • Listing Agent: Preston Niemeyer

Lot Features

Lot Information:

  • Lot: Level, Few Trees
  • Lot Size: 1.50 Acres

Other

Directions Information:

  • Directions: Start from Daphne, AL. Head southeast on US-98 E toward Fairhope. Continue on US-98 E. Drive for approximately 8.1 miles. Turn Right on to middle street. Turn left on to Melvin Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $184,900

Tax Information:

  • Annual Amount: $606
  • Tax Year: 2020
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Housing Market Comparison

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

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Fairhope, AL

City

Med. Sold Price

$496.2K

Med. Price/SqFt

$212

# of Sold Homes

49

7616 Melvin Ln vs Fairhope

164 DAYS ON ROCKET

$184,900

-$311.3K Less

KEY TAKEAWAY

This property is $311.3K less than the Median Sold Price in Fairhope, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #364896

Listing Office:

  • Office Name: Ashurst & Niemeyer LLC
  • Office Phone: (251) 928-9265
  • Listing Agent: Preston Niemeyer

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 7:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$606$14,160
2019$592$14,820
2018$571$13,280
2017$587$12,240

History based on county public records data.

Payment Calculator

$990

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1156123
8
/10

  • Fairhope West Elementary School

  • 408 N Section St

  • 1.36 miles

  • Public District Grades KG-6

school-card-donut-1156124
10
/10

  • Fairhope East Elementary School

  • 2 N Bishop Rd

  • 1.39 miles

  • Public District Grades KG-6

school-card-donut-1156125
5
/10

  • J. Larry Newton Elementary School

  • 9761 County Road 32

  • 3.43 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,587. Most Fairhope, AL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Fairhope, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Fairhope, AL?

The housing landscape in Fairhope is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. Architectural styles in the area reflect a blend of Southern charm and coastal influences, with a significant number of properties featuring wrap-around porches and large windows to take advantage of the scenic views. The homeownership rate in Fairhope is high, reflecting a community that values long-term residency and investment in property.

What are the advantages of living in Fairhope, AL?

Fairhope prides itself on its vibrant arts scene and strong community spirit. The town is celebrated for its annual Arts and Crafts Festival, which draws visitors and artisans from across the region. The downtown area, with its unique boutiques and local eateries, serves as a hub for both socializing and cultural activities, embodying the town's quaint and hospitable character.

Are essential services in Fairhope, AL convenient?

Residents of Fairhope benefit from a robust educational system, which includes a number of public and private schools, offering a range of educational programs. The town is served by several healthcare facilities, providing residents with access to essential medical services. The local library is a cornerstone of the community, offering a variety of programs and resources. Retail and dining options in Fairhope reflect the local culture, with an emphasis on Southern cuisine and seafood, as well as shops that showcase the work of local artisans.

How do Fairhope, AL residents get around?

Transportation options in Fairhope cater to a variety of preferences, with a focus on convenience and accessibility. The town features a network of roads that connect residents to nearby cities and attractions along the coast. Public transportation services are available, with schedules designed to accommodate the needs of commuters and those traveling within the town. For those who prefer alternative modes of transport, Fairhope offers bike-friendly routes and a walkable downtown area. Ride-sharing services are also available, providing an additional layer of convenience for residents and visitors.

Frequently Asked Questions About 7616 Melvin Ln

What is the listing price of this property?

The listing price of 7616 Melvin Ln property is $184,900.

What type of property is this?

The property 7616 Melvin Ln is land located in Fairhope, Alabama, 36532.

Is this property for sale now?

Active Listing: 7616 Melvin Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $606 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7616 Melvin Ln is 1.50 acres.
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Rocket Homes›Alabama›Baldwin County›Fairhope›36532›7616 Melvin Ln

This home is located at 7616 Melvin Ln in Fairhope, AL and zip code 36532. This home sits on a 1.50 acre lot. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $184,900.

In November 2024 more than 2 listings in Fairhope, AL were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 26 were sold below. In November 2024 in Fairhope, AL there were 4.6% less homes for sale than in October 2024.

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

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