NOT LISTED FOR SALE

1568 E Martin Dr Mobile, AL 36605

Riviera Neighborhood

Estimated Value: $20,980 - $91,000

0.47 Acre
$119,077 Price per Acre
20,482 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $18,000 $9 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $393/month

4 Days on Market

Highlights

  • City View
  • Landscaped with Trees
  • Level Lot
  • 0.47 Acre Lot
  • Property is near shops

About This Lot

As of December 2022

Yes, almost too good to be true, but this is true! A flat lot in the city with only a few trees at the rear of the property. The lot provides easy accessibility to the interstate for all of the daily commuters to other cities at a very attractive price. There was a 2700 sqft dwelling occupying this lot which was demolished and the lot cleared just for your New home.

Last Agent to Sell the Property

SHULANDA FRANKS, MBA

TEELAN Realty Group License #62749 Listed on: 11/25/2022

Co-Listed By

Terrow Franks

TEELAN Realty Group License #109872

Last Buyer's Agent

SHULANDA FRANKS, MBA

TEELAN Realty Group License #62749 Listed on: 11/25/2022

Property Details

Property Type

  • Land

Lot Details

  • 0.47 Acre Lot
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees

Schools

  • Morningside Elementary School
  • Mae Eanes Middle School
  • Lillie B Williamson High School

Additional Features

  • City Views
  • Property is near shops

Community Details

  • Martin Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 2
  • Assessor Parcel Number 3202050001009

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 16 BLK 2 MARTIN PLACE MBK 5 PGS 141-143 #SEC 05 T5S R1W #MP32 02 05 0 001
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Deed Restrictions
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • View: City

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Shopping, Street Lights
  • Subdivision Complex: Martin Place

Lot Info

  • Acres: 0.4702
  • Lot: 16
  • Timber: Mixed
  • Possible Use: Residential
  • Section G M D: 05
  • Current Zoning: res
  • Plat Book: 5
  • Plat Page: 32
  • Current Use: Residential
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 3202050001009
  • Price Acre Dollar: 38281.58
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 350.00
  • Tax Year: 2022

MLS Schools

  • Elementary School: Morningside
  • High School: Lillie B Williamson
  • Middle School: Mae Eanes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Dec 16, 2022
Sold by
Jones Mary L Odoms
Bought by
Bendolph Jacquelyn E
Seller's Agent
SHULANDA FRANKS, MBA
TEELAN Realty Group
Buyer's Agent
SHULANDA FRANKS, MBA
TEELAN Realty Group
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%
Current Estimated Value
$55,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,990
Avg. Annual Appreciation
44.38%
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
Bendolph Jacquelyn E $18,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $18,000 -10.0% $9 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $20,000 -- $10 / 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 $1,236 $20,360 $1,000 $19,360
2024 $1,236 $2,000 $2,000 $0
2023 $413 $6,500 $2,000 $4,500
2022 $0 $9,700 $1,000 $8,700
2021 $719 $9,700 $1,000 $8,700
2020 $719 $9,700 $1,000 $8,700
2019 $719 $10,580 $0 $0
2018 $0 $12,380 $0 $0
2017 $719 $12,380 $0 $0
2016 $738 $12,680 $0 $0
2013 $742 $12,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SHULANDA FRANKS, MBA

    TEELAN Realty Group

    (251) 591-8201

    1 in this area

    63 Total Sales

    SHULANDA FRANKS, MBA
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Terrow Franks

    TEELAN Realty Group

    (251) 533-0578

    1 in this area

    17 Total Sales

    Terrow Franks
    Section Image
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Map

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

MLS Number: 7147379

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 32-02-05-0-001-009

Alabama Mobile County Mobile 36605 Riviera

1568 E Martin Dr, Mobile, AL

Not Listed for Sale

Lots

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