NOT LISTED FOR SALE

1518 Devonshire Dr Mobile, AL 36605

Navco Neighborhood

Estimated Value: $114,000 - $158,000

5 Beds
2 Baths
1,329 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $80,000 $60 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $806/month

5 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • ENERGY STAR Qualified Ceiling Fan
  • En-Suite Primary Bedroom
  • Dining Room
  • Utility Room

About This Home

As of June 2021

Professionally managed rental property that is currently occupied and rented for more than $1,025 a month! This property had a very in-depth renovation done approximately 3 years ago that included a new roof, exterior wood repair, exterior and interior paint, flooring and a new HVAC unit installed (all improvements per seller). Tenants are currently under a lease that expires April, 2021. This is a FIVE bedroom home so great opportunity for a private paying tenant Section 8 tenant or someone who wants to purchase to live in at a later time. This property is just minutes from McGowan Park and shopping, interstate access and more. This is an excellent opportunity for a property making over 1.25% in rent monthly. It's tough to get those returns in this market. All measurements are approximate and not guaranteed, buyer to verify.

Last Agent to Sell the Property

Rameh Khazen

Bellator Real Estate LLC Mobil Listed on: 03/24/2021

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1985

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Dining Room
  • Utility Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 70x130
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3202060001052XXX

Home Details

Home Type

Single Family

Est. Annual Taxes

$566

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: Morningside
  • Property Amenities: Ceiling Fan(s)
  • Property Type: Residential Detached
  • Style: Ranch
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 3202060001052XXX
  • Year Built: 1985
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Estimated Living Area: 1329
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x10, On Level: Main Level
  • Bedroom 3: Dimensions: 10.6x10, On Level: Main Level
  • Bedroom 4: Dimensions: 9x10, On Level: Main Level
  • Bedroom 5: Dimensions: 8x8, On Level: Main Level
  • Bedrooms: 5
  • Den: Dimensions: 12x10.3, On Level: Main Level
  • Dining Area: Dimensions: 8x8, On Level: Main Level
  • Dining Area Type: Separate Dining Room
  • Fireplace: No Fireplace
  • Floors: Tile, Laminate
  • Kitchen: Dimensions: 8x16, On Level: Main Level
  • Living Room: Dimensions: 16x14, On Level: Main Level
  • Master Bed: Dimensions: 12x13.8, On Level: Main Level
  • Primary Bedroom Bathroom: 1st Floor Master
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 60.2
  • Property Interior Stories: 1
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Exterior Finish: Brick, Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: No Garage/Carport/Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Sewage-City, Water-City, Alabama Power

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 34
  • Lot Description: Less Than 1 Acre, Subdivision
  • Lot Size: 70x130
  • Number Lots: 1

Rental Info

  • Incm Producing Potential: Yes

Tax Info

  • Property Taxes: 566.42
  • Assessor Parcel Number: 00978990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 24, 2021
Sold by
Edmonds Michael J
Bought by
Arizona Sun Devil Rentals Llc
Seller's Agent
Rameh Khazen
Bellator Real Estate LLC Mobil
Buyer's Agent
Non Member
Non Member Office
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Current Estimated Value
$131,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,983
Avg. Annual Appreciation
13.06%
Original Mortgage
$64,000
Outstanding Balance
$58,571
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$75,888

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 19, 2021
Sold by
Mel Holdings Llc
Bought by
Edmonds Michael J
Seller's Agent
Rameh Khazen
Bellator Real Estate LLC Mobil
Buyer's Agent
Non Member
Non Member Office
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$58,571
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$75,888

Purchase Details

Closed on
Dec 29, 2016
Sold by
Wilson Tyrone
Bought by
Harmac Llc

Purchase Details

Closed on
Nov 6, 2002
Sold by
Harmac Llc
Bought by
Wilson Tyrone
Source: Public Records

Range of Values:

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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
Arizona Sun Devil Rentals Llc $22,300 None Available
Edmonds Michael J $80,000 None Available
Harmac Llc $34,187 None Available
Wilson Tyrone $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmonds Michael J $64,000
Closed Wilson Tyrone $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $80,000 +0.1% $60 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $79,900 -- $60 / Sq Ft
Source: Baldwin 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
2024 $1,121 $17,500 $1,800 $15,700
2023 $1,090 $17,160 $1,800 $15,360
2022 $1,025 $16,140 $1,800 $14,340
2021 $566 $8,920 $1,800 $7,120
2020 $566 $8,920 $1,800 $7,120
2019 $568 $8,940 $2,000 $6,940
2018 $530 $8,340 $0 $0
2017 $593 $9,340 $0 $0
2016 $638 $10,040 $0 $0
2013 $667 $10,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 311397

Baldwin REALTORS®

APN: 32-02-06-0-001-052