Seller's Agent in 2025
Malcolm Seals
TerrDomus LLC
(251) 758-3148
14 in this area
269 Total Sales
16 W Elm St Mobile, AL 36610
East Prichard Neighborhood
2
Beds
2
Baths
936
Sq Ft
5,597
Sq Ft Lot
Highlights
- City View
- Deck
- Bonus Room
- Craftsman Architecture
- Oversized primary bedroom
- Covered Patio or Porch
About This Home
As of August 2025This updated income-producing property offers a solid return for investors seeking a rental-ready asset with reliable cash flow. Conveniently located near major Mobile attractions—including the Africatown Heritage Area, Downtown, and seasonal events—this property is positioned within reach of shopping, entertainment, and local amenities. Currently leased at $850 per month, this property delivers income from day one. Recent updates within the last three years include interior improvements that support long-term tenant appeal and reduce near-term maintenance expenses. Inside, the home offers generous square footage with spacious bedrooms, two full bathrooms, a large kitchen, and multiple living areas that provide functional rental layout options. The exterior features a low-maintenance yard, adding to the ease of ownership and management. Whether you’re expanding your rental portfolio or entering the market with a proven performer, this property is ready to generate returns.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $246
Lot Details
- 5,597 Sq Ft Lot
- Chain Link Fence
- Level Lot
- Cleared Lot
- Front Yard
Parking
- Driveway
Home Design
- Craftsman Architecture
- Cottage
- Raised Foundation
- Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Formal Dining Room
- Bonus Room
- City Views
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- Oversized primary bedroom
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Grant Elementary School
- Mobile County Training Middle School
- Cf Vigor High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- Electric Water Heater
Community Details
- Edgewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 2208440016183
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2025
Closed on
Aug 25, 2025
Sold by
Gunn Nina and Gordon Nina
Bought by
Tucker Milton Paul
Seller's Agent
Malcolm Seals
TerrDomus LLC
Buyer's Agent
Rashmi Lumpkin
IXL Real Estate LLC
List Price
$60,000
Sold Price
$48,000
Premium/Discount to List
-$12,000
-20%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$266
Avg. Annual Appreciation
-1.15%
Original Mortgage
$38,400
Outstanding Balance
$38,400
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$9,334
Purchase Details
Closed on
Jun 4, 2020
Sold by
Hollins Hornie
Bought by
Gordon Nina
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $48,000 | Delta South Title Inc | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $38,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $48,000 | -20.0% | $51 / Sq Ft |
| 07/27/2025 07/27/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | For Sale | $60,000 | -- | $64 / Sq Ft |
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
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 | $267 | $4,180 | $800 | $3,380 |
| 2024 | $267 | $4,000 | $500 | $3,500 |
| 2023 | $271 | $4,400 | $800 | $3,600 |
| 2022 | $176 | $2,860 | $800 | $2,060 |
| 2021 | $149 | $2,420 | $440 | $1,980 |
| 2020 | $194 | $3,160 | $380 | $2,780 |
| 2019 | $203 | $3,300 | $300 | $3,000 |
| 2018 | $203 | $3,300 | $0 | $0 |
| 2017 | $203 | $3,300 | $0 | $0 |
| 2016 | $207 | $3,360 | $0 | $0 |
| 2013 | $18 | $300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Malcolm Seals
-
Rashmi Lumpkin
Buyer's Agent in 2025
Rashmi Lumpkin
IXL Real Estate LLC
(251) 391-5265
1 in this area
46 Total Sales
Map
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 7609314
APN: 22-08-44-0-016-183
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.
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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