NOT LISTED FOR SALE

1609 E Octavia Dr Mobile, AL 36605

Woodlawn Neighborhood

Estimated Value: $61,143 - $134,000

3 Beds
1 Bath
1,217 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $42,500 $35 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $536/month

15 Days on Market

Highlights

  • Traditional Architecture
  • L-Shaped Dining Room
  • 1-Story Property
  • Bonus Room
  • Ceramic Tile Flooring
  • Four Sided Brick Exterior Elevation

About This Home

As of January 2023

This home would make an excellent home for someone on a budget or for an investor looking for a low maintenance rental property. This home has shopping minutes away and easy Interstate access. call to schedule an appointment today to see this home while it last…

Last Agent to Sell the Property

Ashley Agerton Banks

IXL Real Estate LLC License #102179 Listed on: 12/23/2022

IXL Real Estate LLC

Last Buyer's Agent

Lamoura Nettles

EXIT Realty Promise License #125216-1

EXIT Realty Promise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $512

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Back Yard Fenced

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • L-Shaped Dining Room
  • Bonus Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • Gulf Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3203360001145

Home Details

Home Type

Single Family

Est. Annual Taxes

$512

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 33 GULF MANOR MBK 6/451 #SEC 36 T5S R1W #MP32 03 36 0 001
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Fixer Upper
  • Year Built: 1986
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Dining L
  • Square Footage: 1217.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Back Yard
  • Foundation: Slab

Garage/Parking

  • Number of Carport Spaces: 1
  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: GULF MANOR

Lot Info

  • Acres: 0.3334
  • Lot Dimensions: x
  • Parcel Number: 3203360001145
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 512.00
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Badon Properties Llc
Bought by
Badon Properties One Eec
Current Estimated Value
$93,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Outstanding Balance
$190,621
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
-$96,835

Purchase Details

Listed on
Dec 23, 2022
Closed on
Jan 17, 2023
Sold by
Reed Property Investments Llc
Bought by
Badon Properties Llc
Seller's Agent
Ashley Agerton Banks
IXL Real Estate LLC
Buyer's Agent
Lamoura Nettles
EXIT Realty Promise
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.08%

Purchase Details

Closed on
Sep 15, 2022
Sold by
Lambert Investments Llc and John J Investments Llc
Bought by
Reed Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2022
Sold by
All Cash Properties Llc
Bought by
All Cash Prperties Llc

Purchase Details

Closed on
Sep 12, 2019
Sold by
M & A Rentals Llc
Bought by
All Cash Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2013
Sold by
M And D Partnership
Bought by
Mwg Llc

Purchase Details

Closed on
Jan 29, 2003
Sold by
Union Planters Bank Na
Bought by
M & D Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
5.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 21, 2000
Sold by
Utesch Jason P
Bought by
Gulley Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,600
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
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
Badon Properties One Eec $21,250 Delta South Title
Badon Properties Llc $42,500 --
Reed Property Investments Llc $35,000 None Listed On Document
All Cash Prperties Llc -- Johnstone Adams Llc
All Cash Properties Llc $20,000 None Available
M & A Rentals Llc $314,600 None Available
Mwg Llc $20,000 None Available
M & D Partnership -- --
Gulley Michael C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badon Properties One Eec $194,250
Previous Owner Reed Property Investments Llc $35,000
Previous Owner All Cash Properties Llc $18,000
Previous Owner M & D Partnership $36,900
Previous Owner Gulley Michael C $43,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $42,500 -14.8% $35 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/23/2022 12/23/22 For Sale $49,900 -- $41 / 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 $602 $9,360 $1,600 $7,760
2024 $602 $8,720 $1,600 $7,120
2023 $564 $7,700 $1,600 $6,100
2022 $512 $8,060 $1,600 $6,460
2021 $512 $8,060 $1,600 $6,460
2020 $512 $8,060 $1,600 $6,460
2019 $550 $8,660 $1,600 $7,060
2018 $635 $10,000 $0 $0
2017 $635 $10,000 $0 $0
2016 $663 $10,440 $0 $0
2013 $671 $10,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Agerton Banks

    Seller's Agent in 2023

    Ashley Agerton Banks

    IXL Real Estate LLC

    (251) 599-0067

    1 in this area

    132 Total Sales

    Ashley Agerton Banks
    Section Image
  • Lamoura Nettles

    Buyer's Agent in 2023

    Lamoura Nettles

    EXIT Realty Promise

    (251) 401-6341

    1 in this area

    200 Total Sales

    Lamoura Nettles
    Section Image
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Map

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

MLS Number: 7156119

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 32-03-36-0-001-145

Alabama Mobile County Mobile 36605 Woodlawn

1609 E Octavia Dr, Mobile, AL

Not Listed for Sale

Detached

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