NOT LISTED FOR SALE

150 Hannon Ave Mobile, AL 36604

Midtown Mobile Neighborhood

Estimated Value: $230,000 - $383,000

4 Beds
3 Baths
2,065 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $289,000 $140 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,020/month

16 Days on Market

About This Home

As of May 2023

This is your chance to get a TRIPLEX in the highly desirable area of Mid town Mobile, Which AL. This home has been completely remodeled and is fully occupied. Sellers have insulated the ceiling in July and installed brand new ductwork at that time. Ductwork is for the main unit with central air. The middle unit has new window units (1-2 years old) and was renovated a few months ago just before the recent tenant moved in - painted ceilings, walls, trim, cabinetry, etc. Tenant leases run through June (for 2 tenants) and until November (for 1 tenant). This home presents a prime opportunity to house hack, use as an Air BNB or keep as a solid income producing long term rental.

Last Agent to Sell the Property

Heidi Calamusa

Keller Williams Realty Vestavia Listed on: 03/28/2023

Keller Williams Realty Vestavia

Last Buyer's Agent

MLS Non-member Company

Birmingham Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1988

Lot Details

  • 10,498

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Leinkauf Elementary School
  • Calloway Smith Middle School
  • Murphy High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable/tv connect (tenant), electric (tenant), trash collection (tenant)
  • The owner pays for water/sewer (owner)

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Gross Income $1,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,845

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Triplex
  • Termite Company Name: Arrow
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1988
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Floors: Some Hardwood, Tile, Vinyl
  • Miscellaneous: Pets Allowed

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Central Control (HEAT), Window Units (HEAT)
  • Cooling: Central Control (COOL), Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: LEINKAUF
  • Middle School: CALLOWAY SMITH
  • High School: MURPHY

Lot Info

  • Assessor Parcel Number: 2907250008156XXX

Rental Info

  • Owner Pays: Water/Sewer (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Trash Collection (TENANT)

Tax Info

  • Tax District: MOBILE
  • Annual Tax: 1845

Multi Family

  • Gross Income: 1850

MLS Schools

  • Elementary School: LEINKAUF
  • High School: MURPHY
  • Jr Middle School: CALLOWAY SMITH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
Pfh Propco Llc
Bought by
Pfh Propco Al1 Llc
Current Estimated Value
$319,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Outstanding Balance
$138,618
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$180,799

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 26, 2023
Sold by
Otto Lane Christian and Otto Michele Rachel
Bought by
Pfh Propco Llc
Seller's Agent
Heidi Calamusa
Keller Williams Realty Vestavia
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$350,000
Sold Price
$289,000
Premium/Discount to List
-$61,000
-17.43%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
May 27, 2022
Sold by
Person Joel and Cope Stephen Bennett
Bought by
Christian Lane and Christian Rachel Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.11%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jun 22, 2020
Sold by
Lee John Robert and Lee Jeffrey Scott
Bought by
Person Joel and Cope Stephen Bennett
Seller's Agent
Chris King
Roberts Brothers TREC
Buyer's Agent
Non Member
Non Member Office
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.48%
Original Mortgage
$155,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2017
Sold by
Lee John J and Lee Barbara B
Bought by
Lee John Robert and Lee Jeffrey Scott
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pfh Propco Al1 Llc $500 Stewart Title Company
Pfh Propco Llc $285,000 Stewart Title
Christian Lane $225,000 None Listed On Document
Person Joel $140,000 None Available
Lee John Robert $163,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfh Propco Al1 Llc $211,250
Previous Owner Christian Lane $225,000
Previous Owner Person Joel $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $289,000 -17.4% $140 / Sq Ft
03/28/2023 03/28/23 For Sale $350,000 +150.0% $169 / Sq Ft
06/23/2020 06/23/20 Sold $140,000 0.0% $72 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $140,000 -- $72 / Sq Ft
Source: Greater Alabama MLS

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
2024 $3,344 $52,500 $8,640 $43,860
2023 $3,344 $45,200 $8,760 $36,440
2022 $1,835 $28,900 $8,760 $20,140
2021 $1,916 $30,180 $10,800 $19,380
2020 $2,188 $34,460 $10,800 $23,660
2019 $2,205 $34,720 $10,800 $23,920
2018 $2,205 $34,720 $0 $0
2017 $1,976 $31,120 $0 $0
2016 $2,076 $32,700 $0 $0
2013 $1,720 $27,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heidi Calamusa

    Seller's Agent in 2023

    Heidi Calamusa

    Keller Williams Realty Vestavia

    (256) 322-0379

    2 in this area

    140 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    MLS Non-member Company

    Birmingham Non-Member Office

  • Chris King

    Seller's Agent in 2020

    Chris King

    Roberts Brothers TREC

    (251) 454-0226

    45 in this area

    294 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non Member Office

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1349419

Greater Alabama MLS

APN: 29-07-25-0-008-156

Alabama Mobile County Mobile 36604 Midtown Mobile

150 Hannon Ave, Mobile, AL

This home is located at 150 Hannon Ave, Mobile, AL 36604 since 28 March 2023 and is currently estimated at $319,417, approximately $154 per square foot. This property was built in 1988. 150 Hannon Ave is a home located in Mobile County with nearby schools including Leinkauf Elementary School, Calloway Smith Middle School, and Murphy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes