3 months on rocket

614 Nichols Ave, Fairhope, AL, 36532

$950,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
1,638 SqFt
$580/SqFt
Multi
Schools Nearby

Location

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614 Nichols Ave, Fairhope$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDouble Carport
Year Built2016
HeatingElectric
MLS #356000
Lot Size0.36 Acres
StatusActive

About 614 Nichols Ave

This GOLD FORTIFIED Duplex is truly a unique property, currently used as a short-term rental. The Retreat on Nichols is perfectly located near downtown Fairhope and comes FULLY FURNISHED with all furniture and personal property on-site currently used for short-term guests to convey! PARTIAL OWNER FINANCING AVAILABLE! Conveniently situated with just a short walk to downtown for shopping and dining or a quick golf cart or bike ride to the majestic Mobile Bay! The Retreat consists of 2 lavish contemporary micro-cottages, gated and fenced. This solid structure was built to gold fortified standards and boasts standing poured concrete walls! The Retreat includes two private 720 sqft luxury 1BR/1BA units that can be offered together or separately for rent making the ideal for a getaway or for a special place to reside privately next to loved ones! Each unit is suitable to sleep 4 adults comfortably with a king size bed and sleeper sofa in each unit. The units are separated by common area including a large storage/stock room with an additional full bathroom. This property boasts all the trimmings to create a resort environment throughout the common areas including electric vehicle charging stations, outdoor gaming area, outdoor kitchen area, wood-fire oven, fire pit, a laundry area, outdoor dining and patios, ample extra parking on the adjacent lot included in the sale and more!Property could also be remodeled to accommodate your new business location such as an office space, potentially housing multiple private office suites in each unit. Truly a must see! Property includes PPIN's 361758 & 359953. DEEDED LOTS! Buyers agent to verify all measurements. All information deemed reliable but is not guaranteed. Contact your favorite real estate agent today to schedule a showing! More information available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Stories: 1
  • Living Area: 1,638 SqFt

Listing Office:

  • Office Name: Waters Edge Realty
  • Office Phone: (251) 391-4654
  • Listing Agent: Tiffany Rezner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Ice Maker, Washer/Dryer Stacked
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), High Ceilings, Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch Side, Porch Front, Porch

Parking Information:

  • Parking: Double Carport

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Fairhope High School, Public District Grades 9-12
  • Fairhope Middle School, Public District Grades 7-8
  • Fairhope Intermediate School, Public District Grades 4-6
  • Fairhope Primary School, Public District Grades PK-3

Other

Directions Information:

  • Directions: Driving South on US 98 turn right onto Nichols Ave, go through stop sign located at Young and Nichols, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $580/SqFt
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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

$482K

Med. Price/SqFt

$213

# of Sold Homes

62

614 Nichols Ave vs Fairhope

111 DAYS ON ROCKET

$950,000

+$468K More

$580/SqFt

+$367 More

KEY TAKEAWAY

This property is $468K more than the Median Sold Price and $367/SqFt more than other homes in Fairhope, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #356000

Listing Office:

  • Office Name: Waters Edge Realty
  • Office Phone: (251) 391-4654
  • Listing Agent: Tiffany Rezner

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: 4/29/2024, 9:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2019Home Sold
$168,500
Mar 18, 2014Home Sold
$28,000

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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.

Elementary School

school-card-donut-3027306
8
/10

  • Fairhope Primary School

  • 408 N Section St

  • 1.22 miles

  • Public District Grades PK-3

Middle School

school-card-donut-3027307
8
/10

  • Fairhope Middle School

  • 2 Pirate Dr

  • 1.63 miles

  • Public District Grades 7-8

school-card-donut-3027308
7
/10

  • Fairhope Intermediate School

  • 2 N Bishop Rd

  • 4.76 miles

  • Public District Grades 4-6

High School

school-card-donut-3027309
7
/10

  • Fairhope High School

  • 18800 Greeno Rd

  • 1.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,834. Typical income of Fairhope, AL residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Baldwin County›Fairhope›36532›614 Nichols Ave

This home is located at 614 Nichols Ave in Fairhope, AL and zip code 36532. This 1,638 square foot home, which was built in 2016, sits on a 0.36 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $950,000.

While more than 2 listings in Fairhope, AL in March 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 41 were sold below. In March 2024 in Fairhope, AL there were 18.4% more homes for sale than in February 2024.

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

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