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7 Summer Ln

Fairhope, AL 36532

3 bd 4 ba 2,500 sqft Built 1993 Lot 18,687 sqft single_family
Most recent sale
$620,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2025 Sold $1,100,000 BaldwinREALTORS
Jul 1, 2024 Price changed $1,250,000 BaldwinREALTORS
Feb 28, 2024 Listed $1,275,000 BaldwinREALTORS
May 27, 2022 Sold $620,000 Public Record
May 26, 2022 Sold $620,000 BaldwinREALTORS
Apr 26, 2022 Listed $600,000 MLS #329724
Oct 2, 2020 Sold $180,000 Public Record
Jun 28, 2018 Sold $180,500 Public Record
Jun 26, 2013 Sold $244,000 Public Record
Oct 15, 2012 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $37,990 $1,748
2020 $36,120 $1,662
2019 $35,800 $1,539
2010 $30,020 $550
2009 $33,640 $639

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,500 sqft
Lot size
18,687 sqft
ZIP code
36532
City
Fairhope
Street
Summer Ln
Coordinates
30.51010, -87.90480

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
$3,750
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value

Frequently asked questions

When did 7 Summer Ln last sell?
7 Summer Ln most recently sold on May 27, 2022 for $620,000.
What is the current tax assessment for 7 Summer Ln?
The most recent total assessment for 7 Summer Ln (year 2021) is $37,990 with $1,748 in property tax.
How does 7 Summer Ln's assessment compare to its last sale price?
The current assessment is 93.9% below the last sale price of $620,000.
When was 7 Summer Ln built?
7 Summer Ln was built in 1993.
How does 7 Summer Ln compare to others on Summer Ln?
We track 7 other properties on Summer Ln. Browse the list under "Other properties on Summer Ln" to compare beds, baths, and sale history.
What are the property facts for 7 Summer Ln?
7 Summer Ln is a 3 bed, 4 bath, 2,500 sqft, 18,687 sqft lot single_family.
Is 7 Summer Ln a flip candidate?
Yes — 7 Summer Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7 Summer Ln a tax-appeal candidate?
No — 7 Summer Ln 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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