NOT LISTED FOR SALE

1467 Pitman Dr Mobile, AL 36605

Riviera Neighborhood

Estimated Value: $117,000 - $147,000

Studio
1 Bath
1,124 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $125,000 $111 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $776/month

10 Days on Market

Highlights

  • 1-Story Property
  • Ceiling Fan
  • Heating Available
  • Central Air
  • Asbestos

About This Home

As of August 2022

Fully renovated income-producing rental house for sale! Subject property is occupied with a new 12-month lease at $1,250/mo. Professionally managed by Revitalize Realty. Buyer/Buyer’s agent to verify all information. Tenant-occupied. Do not disturb tenants.

Last Agent to Sell the Property

Eddie Sumerlin

Revitalize Realty LLC License #136232 Listed on: 06/20/2022

Last Buyer's Agent

Eddie Sumerlin

Revitalize Realty LLC License #136232 Listed on: 06/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $181

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence

Parking

  • Carport

Home Design

  • Updated or Remodeled
  • Metal Roof
  • Asbestos

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Englewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3202370003273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$181

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 3 BLK 4 RESUB OF ENGLEWOOD SUB MBK 4 P 575 #SEC 37 T5S R1W #MP32 02 37 0 003
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Updated/Remodeled
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Asbestos
  • Roof Type: Metal
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Englewood

Lot Info

  • Acres: 0.3063
  • Section G M D: x
  • Plat Book: x
  • Plat Page: x
  • Lot Dimensions: x
  • Parcel Number: 3202370003273
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 181.00
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Mobile - Other
  • High School: Mobile - Other
  • Middle School: Mobile - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 22, 2022
Sold by
Revitalize Construction Llc
Bought by
Garcia Gabriel and Gonzalez Priscilla
Seller's Agent
Eddie Sumerlin
Revitalize Realty LLC
Buyer's Agent
Eddie Sumerlin
Revitalize Realty LLC
List Price
$131,650
Sold Price
$125,000
Premium/Discount to List
-$6,650
-5.05%
Current Estimated Value
$129,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,982
Avg. Annual Appreciation
1.17%
Original Mortgage
$102,041
Outstanding Balance
$97,158
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$32,824

Purchase Details

Closed on
Feb 25, 2022
Sold by
Thomas Michael T
Bought by
Revitalize Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Buhring Alton B and Buhring Stephen C
Bought by
Cox Steven J and Cox Robin K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Gabriel $127,551 None Listed On Document
Revitalize Construction Llc $24,000 None Listed On Document
Thomas Michael T $20,000 None Listed On Document
Cox Steven J $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Gabriel $102,041
Previous Owner Revitalize Construction Llc $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $125,000 0.0% $111 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $125,000 -3.8% $111 / Sq Ft
06/22/2022 06/22/22 Price Changed $129,983 -1.3% $116 / Sq Ft
06/20/2022 06/20/22 For Sale $131,650 -- $117 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,168 $18,240 $1,600 $16,640
2024 $1,168 $17,220 $1,600 $15,620
2023 $1,103 $16,340 $1,600 $14,740
2022 $181 $3,890 $800 $3,090
2021 $181 $3,890 $800 $3,090
2020 $181 $3,890 $800 $3,090
2019 $204 $4,260 $0 $0
2018 $238 $4,800 $0 $0
2017 $238 $4,800 $0 $0
2016 $244 $4,900 $0 $0
2013 $273 $5,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eddie Sumerlin

    Seller's Agent in 2022

    Eddie Sumerlin

    Revitalize Realty LLC

    (251) 442-4095

    2 in this area

    27 Total Sales

    Eddie Sumerlin
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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 7070386

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 32-02-37-0-003-273

Alabama Mobile County Mobile 36605 Riviera

1467 Pitman Dr, Mobile, AL

Not Listed for Sale

MultiFamily

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