Updated historic cottage offers a walkable location adjacent to protected greenspace on a quiet cul-de-sac and yet steps from vibrant downtown Fairhope. This 2BD/1BA long-term rental property offers immediate income producing potential and/or a unique site for a future build. Step inside and discover the thoughtfully remodeled interior with vaulted ceilings and an open floorplan with a free-standing fireplace -- perfect for both daily living and entertaining. The bathroom plumbing, all flooring, countertops and appliances were replaced in 2020. New HVAC and grinder pump were installed in 2019. While the home is appealing, the outstanding feature of this offering is the property on which it sits. The generously sized lot borders the undeveloped city park land of historic Bayou Charbon (aka Big Mouth Gully) and provides an ideal spot for a custom residence tailored and built to any Buyer's individual preferences. If owner occupancy is of interest, there is an existing clause in the current lease allowing for Tenant's removal with due notice. However you choose to proceed, don't miss this rare opportunity to be a part of this award-winning community. Also available for purchase is the adjacent property, 517 Equality Ave. (MLS#356550). Make this charming property yours and the possibilities are unlimited.
Closed
$460,000
515 Equality Ave, Fairhope, AL 36532
2beds
842sqft
Residential
Built in 1950
0.51 Acres Lot
$455,800 Zestimate®
$546/sqft
$1,652 Estimated rent
Home value
$455,800
$428,000 - $488,000
$1,652/mo
Zestimate® history
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$2,578/mo
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Zillow last checked:
Listing updated:
Listed by:
Virginia Littlepage PHONE:251-623-2626,
Bellator Real Estate, LLC Fair
Bought with:
J Andrew Carver
JPAR Gulf Coast - Spanish Fort
Source: Baldwin Realtors,MLS#: 356548
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: 1st Floor Primary
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 2
- Level: Main
- Area: 99
- Dimensions: 9 x 11
Dining room
- Features: Lvg/Dng/Ktchn Combo
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Family room
- Level: Main
- Area: 209
- Dimensions: 19 x 11
Kitchen
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Heating
- Heat Pump
Cooling
- Heat Pump, Ceiling Fan(s), SEER 14
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator, Cooktop
- Laundry: Main Level, Inside
Features
- Ceiling Fan(s), Vaulted Ceiling(s)
- Flooring: Vinyl
- Windows: Window Treatments
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Great Room, Inoperable
Interior area
- Total structure area: 842
- Total interior livable area: 842 sqft
Property
Parking
- Parking features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Front Porch
- Exterior features: Termite Contract
- Has view: Yes
- View description: Other, Trees/Woods
- Waterfront features: No Waterfront
Lot
- Size: 0.51 Acres
- Dimensions: 75 x 309 irr
- Features: Less than 1 acre, Cul-De-Sac, Wooded
Details
- Parcel number: 4603370007076.513
- Zoning description: Single Family Residence
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential
Materials
- Stucco, Wood Siding, Solid Masonry
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Grinder Pump, Public Sewer
- Water: Public
- Utilities for property: Fairhope Utilities
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Fairhope
- Subdivision: Wesley
Other
Other facts
- Price range: $460K - $460K
- Ownership: Leasehold
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2025 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2025 | Listed for rent | $1,800+20%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2024 | Sold | $460,000-7.4%$546/sqft |
Source:  Baldwin Realtors #356548 Report a problem | ||
| 1/19/2024 | Listed for sale | $497,000+255.5%$590/sqft |
Source: Baldwin Realtors #356548 Report a problem | ||
| 10/5/2023 | Listing removed | -- |
Source: Baldwin Realtors #351264 Report a problem | ||
| 9/17/2023 | Price change | $1,500-6.3%$2/sqft |
Source: Baldwin Realtors #351264 Report a problem | ||
| 9/3/2023 | Listed for rent | $1,600$2/sqft |
Source: Baldwin Realtors #351264 Report a problem | ||
| 8/9/2023 | Listing removed | -- |
Source: Baldwin Realtors #349773 Report a problem | ||
| 8/4/2023 | Listed for rent | $1,600+60%$2/sqft |
Source: Baldwin Realtors #349773 Report a problem | ||
| 8/5/2018 | Listing removed | $1,000$1/sqft |
Source: Cortright & Company #271919 Report a problem | ||
| 7/19/2018 | Price change | $1,000-4.8%$1/sqft |
Source: Cortright & Company #271919 Report a problem | ||
| 7/10/2018 | Listed for rent | $1,050+10.5%$1/sqft |
Source: Cortright & Company #271919 Report a problem | ||
| 11/1/2017 | Listing removed | $950$1/sqft |
Source: Cortright & Company #243817 Report a problem | ||
| 10/23/2017 | Price change | $950-9.5%$1/sqft |
Source: Cortright & Company #243817 Report a problem | ||
| 9/2/2017 | Listed for rent | $1,050$1/sqft |
Source: Cortright & Company #243817 Report a problem | ||
| 6/18/2015 | Sold | $139,800$166/sqft |
Source: Baldwin Realtors #226238 Report a problem | ||
| 5/20/2015 | Listed for sale | $139,800$166/sqft |
Source: ROBERTS BROTHERS/EASTERN SHORE #520142 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,691 -32.9% | $36,760 -32.9% |
| 2024 | $2,522 +1.5% | $54,820 +1.5% |
| 2023 | $2,485 | $54,020 +31.2% |
| 2022 | -- | $41,180 -2.9% |
| 2021 | $1,938 +15.5% | $42,420 +16.3% |
| 2020 | $1,678 +13.5% | $36,480 +6.1% |
| 2019 | $1,478 +5.4% | $34,380 +5.4% |
| 2018 | $1,403 +2.6% | $32,620 +2.6% |
| 2017 | $1,367 | $31,780 +18.1% |
| 2016 | -- | $26,900 +114.5% |
| 2015 | -- | $12,540 +17.6% |
| 2014 | -- | $10,660 +4.9% |
| 2013 | -- | $10,160 -25% |
| 2011 | -- | $13,540 -0.9% |
| 2010 | -- | $13,660 -23.3% |
| 2009 | $720 +1542.5% | $17,800 -32.4% |
| 2008 | $44 -92.9% | $26,320 +71.4% |
| 2007 | $615 +45.6% | $15,360 +41.2% |
| 2006 | $423 +6% | $10,880 +5.4% |
| 2005 | $399 +70.7% | $10,320 +59.3% |
| 2004 | $234 | $6,480 |
| 2003 | $234 +6.7% | $6,480 +5.5% |
| 2002 | $219 +1% | $6,140 |
| 2001 | $217 | $6,140 |
| 2000 | $217 | $6,140 |
Find assessor info on the county website
Neighborhood: 36532
Nearby schools
GreatSchools rating
- 10/10Fairhope Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 10/10Fairhope Middle SchoolGrades: 7-8Distance: 2.3 mi
- 9/10Fairhope High SchoolGrades: PK,9-12Distance: 2 mi
Schools provided by the listing agent
- 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
$455,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$455,800
- Alabama
- Baldwin County
- Fairhope
- 36532
- 515 Equality Ave
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