NOT LISTED FOR SALE

1561 Monterey Place Mobile, AL 36604

Midtown Mobile Neighborhood

Estimated Value: $242,412 - $343,000

2 Beds
2 Baths
1,676 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $123,500 $74 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,663/month

Highlights

  • Gated Community
  • Cottage
  • Central Heating
  • Wood Flooring
  • Front Porch
  • Fenced

About This Home

As of April 2015

Great midtown location. Adorable home in need of some TLC. This Property is a foreclosure and will be sold "AS IS". Alabama right of Redemption Law may apply. Room sizes are estimated and sqft is based on tax record for this property. All measurements should be verified by purchaser. **** Information entered in the MLS is provided "AS IS" for informational purposes only, without warranty of any kind, either express or implied, and no warranty is made that the information is error free. **NO INSPECTIONS CAN BE COMPLETED TILL THERE IS AN ACCEPTED OFFER SIGNED BY ALL PARTIES, PLEASE DO NOT FORWARD INSPECTION REPORTS TO LISTING AGENT UNLESS REQUESTED***

Last Listed By

Tara Cox

Middle Bay Realty, LLC License #54923 Listed on: 04/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $851

Year Built

  • 1988

Lot Details

  • 8,102

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • 1.5-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Front Porch
  • Fenced
  • Central Heating

Community Details

  • Monterey Place Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2907250007474

Home Details

Home Type

Single Family

Est. Annual Taxes

$851

Year Built

1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: BEG ON S/S OF MONTEREY PLACE 308 8/12 FT W OF CATHERINE ST & RUNS W 50 FT & S 160 FT E 50 FT(S) N 160 FT(S) TO POB BEING PT MONTEREY PLACE DBK 142 PG 236 #SEC 25 T4S R1W #MP29 07 25 0 007
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Levels Stories: One and One Half
  • Special Features: None
  • Year Built: 1988

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1676.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch
  • Foundation: None

Utilities

  • Heating: Central
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: MONTEREY PLACE

Lot Info

  • Parcel Number: 2907250007474
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 29-07-25-0-007-474.
  • Close Date: 2015-04-30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
Apr 29, 2015
Sold by
The Bank Of New York Mellon
Bought by
Wynne Hallie Elizabeth
Seller's Agent
Tara Cox
Middle Bay Realty, LLC
Buyer's Agent
JAMES OLLIS
Courtney & Morris Daphne
Sold Price
$123,500
Total Days on Market
0
Current Estimated Value
$284,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,853
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Jan 7, 2015
Sold by
Fearn Suzanne and Fearn Mark S
Bought by
Th Bank Of New York Mellon

Purchase Details

Closed on
Aug 13, 2012
Sold by
Fearn Mark S
Bought by
State Of Alabama Dept Of Revenue

Purchase Details

Closed on
Feb 28, 2007
Sold by
Hulcher Stephen R and Hulcher Peggy F
Bought by
Fearn Suzanne and Fearn Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
10.5%
Mortgage Type
New Conventional

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
Wynne Hallie Elizabeth $123,500 None Available
Th Bank Of New York Mellon $142,466 None Available
State Of Alabama Dept Of Revenue -- None Available
Fearn Suzanne -- Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fearn Suzanne $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $123,500 -- $74 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
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
2024 $851 $14,290 $3,600 $10,690
2023 $950 $16,010 $3,500 $12,510
2022 $922 $15,570 $3,500 $12,070
2021 $905 $15,290 $3,400 $11,890
2020 $856 $14,530 $2,810 $11,720
2019 $903 $15,280 $0 $0
2018 $903 $15,280 $0 $0
2017 $903 $15,280 $0 $0
2016 $2,041 $0 $0 $0
2013 $2,035 $31,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tara Cox

    Middle Bay Realty, LLC

  • J

    Buyer's Agent in 2015

    JAMES OLLIS

    Courtney & Morris Daphne

    (251) 626-8882

    5 in this area

    17 Total Sales

    JAMES OLLIS
    Section Image
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Map

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

MLS Number: 0517872

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-07-25-0-007-474

Alabama Mobile County Mobile 36604 Midtown Mobile

1561 Monterey Place, Mobile, AL

Homes for Sale in Mobile, AL

This home is located at 1561 Monterey Place, Mobile, AL 36604 since 02 April 2015 and is currently estimated at $284,353, approximately $169 per square foot. This property was built in 1988. 1561 Monterey Place 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.

Gulf Coast MLS (Mobile Area Association of REALTORS®) 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.

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