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  • $465,000

    503 Horton Ln, Fairhope, AL 36532

    2beds
    1,008sqft
    Residential
    Built in 1955
    0.46 Acres Lot
    $465,000 Zestimate®
    $461/sqft
    $1,731 Estimated rent

    Home value

    $465,000

    $442,000 - $488,000

    $1,731/mo

    Zestimate® history
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    What's special

    Charming cottageSpacious lotWhole house generatorNearly half-acre level propertyBeautiful oak treesAluminum sidingSmooth ceilings
    Charming cottage on a spacious lot near the Fruit & Nut area and close to downtown Fairhope. This nearly half-acre, level property features beautiful oak trees and two large storage sheds. Plenty of space for a boat, classic car, and RV! The two-bedroom, one-bath cottage includes a metal roof (2014), tankless water heater, updated windows, smooth ceilings, aluminum siding, and a WHOLE HOUSE GENERATOR. The bathroom has been updated with a walk-in tub (handicap accessible). Additional features include a separate utility area in the carport with laundry hookup and a private entrance to the second bedroom. So much potential; just enjoy the privacy and space of the beautiful yard, or add onto the house to personalize. No HOA! Great location, just a 15-minute walk or easy golf cart drive to the bay or downtown Fairhope. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donna Wells PHONE:334-456-9009,

    Keller Williams AGC Realty-Da

    Bought with:

    MaryBeth Greene

    Wise Living Real Estate, LLC

    Source: Baldwin Realtors,MLS#: 396201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 204
    • Dimensions: 17 x 12
    Bedroom 2
    • Level: Main
    • Area: 147
    • Dimensions: 14 x 10.5
    Kitchen
    • Level: Main
    • Area: 189
    • Dimensions: 14 x 13.5
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator w/Ice Maker, Tankless Water Heater
    • Laundry: Main Level
    Features
    • Eat-in Kitchen, Ceiling Fan(s)
    • Flooring: Vinyl, Laminate
    • Windows: Window Treatments, Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,008
    • Total interior livable area: 1,008 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Fenced
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.46 Acres
    • Dimensions: 100 x 201
    • Features: Less than 1 acre, Level, Few Trees
    Details
    • Additional structures: Storage
    • Parcel number: 4603370014165.516

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Residential
    Materials
    • Aluminum Siding, Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Electric: Generator
    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Connected, Fairhope Utilities, Electricity Connected

    Community & HOA

    Community
    • Features: None
    • Security: Security Lights
    • Subdivision: Magnolia Beach
    HOA
    • Has HOA: No
    Location
    • Region: Fairhope

    Financial & listing details

    • Price per square foot: $461/sqft
    • Tax assessed value: $514,000
    • Annual tax amount: $2,274
    • Date on market: 5/7/2026
    • Ownership: Leasehold
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/11/2026Sold$465,000+3.3%$461/sqft
    Source: Baldwin Realtors #396201 Report a problem
    5/8/2026Pending sale$450,000$446/sqft
    Source: Baldwin Realtors #396201 Report a problem
    5/7/2026Listed for sale$450,000+20%$446/sqft
    Source: Baldwin Realtors #396201 Report a problem
    4/4/2020Listing removed$375,000$372/sqft
    Source: Keller Williams AGC Realty-Da #290885 Report a problem
    12/1/2019Price change$375,000-3.6%$372/sqft
    Source: Keller Williams AGC Realty-Daphne #290885 Report a problem
    11/1/2019Listed for sale$389,000+226.9%$386/sqft
    Source: Keller Williams AGC Realty-Daphne #290885 Report a problem
    7/5/2016Sold$119,000$118/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,319 +4%$51,400 +4%
    2024$2,229 +8.1%$49,440 +7.9%
    2023$2,062 $45,800 +28.5%
    2022-- $35,640 +11.1%
    2021$1,422 +5.7%$32,080 +6.1%
    2020$1,346 +13%$30,240 +5.2%
    2019$1,191 +10.2%$28,740 +9.8%
    2018$1,081 -1.3%$26,180 +2.8%
    2017$1,095 $25,460 +7.3%
    2016-- $23,720 +44.1%
    2015-- $16,460 +3%
    2014-- $15,980 +4.2%
    2013-- $15,340 -31%
    2011-- $22,240 +0.9%
    2010-- $22,040 -11.2%
    2009$1,022 +0.6%$24,820 +0.6%
    2008$1,016 -17%$24,680 -16.4%
    2007$1,224 +89.4%$29,520 +83.6%
    2006$646 +5.3%$16,080 +5%
    2005$614 +32.2%$15,320 +29.4%
    2004$464 $11,840
    2003$464 +4.2%$11,840 +3.9%
    2002$445 +1.1%$11,400
    2001$441 $11,400
    2000$441 $11,400
    Find assessor info on the county website

    Neighborhood: 36532

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairhope East Elementary
    • Middle: Fairhope Middle
    • High: Fairhope High

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $465,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $465,000