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406 Fortune Dr

Fairhope, AL 36532

5 bd 4 ba 2,935 sqft Built 2017 Lot 15,500 sqft single_family
Most recent sale
$599,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $599,000 Public Record
Aug 31, 2022 Sold $599,000 BaldwinREALTORS
Jul 1, 2022 Listed $619,000 MLS #333300
Nov 3, 2017 Sold $405,000 Public Record
Sep 22, 2017 Listing removed $420,000 MobileAL
Aug 3, 2017 Listed $420,000 MLS #602843
May 5, 2017 Listing removed $420,000 BaldwinREALTORS
May 4, 2017 Listed $420,000 MLS #253051

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $42,680 $1,919
2020 $41,260 $1,853
2019 $41,620 $1,745
2017 $13,200 $325
2016 $5,000 $215

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,935 sqft
Lot size
15,500 sqft
ZIP code
36532
City
Fairhope
Street
Fortune Dr
Coordinates
30.50804, -87.84760

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,403
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 406 Fortune Dr last sell?
406 Fortune Dr most recently sold on Sep 2, 2022 for $599,000.
What is the current tax assessment for 406 Fortune Dr?
The most recent total assessment for 406 Fortune Dr (year 2021) is $42,680 with $1,919 in property tax.
How does 406 Fortune Dr's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $599,000.
When was 406 Fortune Dr built?
406 Fortune Dr was built in 2017.
How does 406 Fortune Dr compare to others on Fortune Dr?
We track 8 other properties on Fortune Dr. Browse the list under "Other properties on Fortune Dr" to compare beds, baths, and sale history.
What are the property facts for 406 Fortune Dr?
406 Fortune Dr is a 5 bed, 4 bath, 2,935 sqft, 15,500 sqft lot single_family.
Is 406 Fortune Dr a flip candidate?
No — 406 Fortune Dr does not appear in our flips dataset.
Is 406 Fortune Dr a tax-appeal candidate?
No — 406 Fortune Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.9%
Implied 1-yr
-3.8%
2026 Q3
$474.6K
2026 Q4
$469.9K
ZIP 36532 — Median Price History + Forecast

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