$135,000
$15K PRICE DROP

1620 Phillips Ln Mobile, AL 36618

Estimated payment $777/month

Total Views 3,011
3 Beds
1 Bath
1,788 Sq Ft
$76 Price per Sq Ft

Highlights

  • City View
  • Private Yard
  • Den
  • Bonus Room
  • Cottage
  • Covered Patio or Porch

About This Home

Turnkey Rental Property with Tenant in Place – Income from Day One! Investor-ready and already generating income, this 3-bedroom, 1-bathroom property offers a solid rental history and reliable tenant in place—perfect for buyers looking to step into a cash-flowing asset with minimal hassle. Beyond the main living areas, the home features extra living space, an additional bonus room ideal for an office or guest room, and a dedicated laundry room for added convenience. The layout offers flexibility and potential for future upgrades or value-add improvements. New roof and water heater installed in 2025. Exterior freshly remodeled and painted. Can be purchased as a portfolio in combination with 1801 Larkwood Dr, MLS#7664597.

Listing Agent

Breanna Veth

Wellhouse Real Estate LLC - Mobile License #159204 Listed on: 10/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $767

Year Built

  • Built in 1994

Lot Details

  • 7,462 Sq Ft Lot
  • Lot Dimensions are 50x148x51x148
  • Chain Link Fence
  • Private Yard
  • Back Yard

Parking

  • Driveway

Home Design

  • Cottage
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • Den
  • Bonus Room
  • City Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Forest Hill Elementary School
  • Cl Scarborough Middle School
  • Mattie T Blount High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Milton Tee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2801024002068

Home Details

Home Type

Single Family

Est. Annual Taxes

$767

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1994
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Electric Oven, Electric Range, Range Hood, Refrigerator
  • Kitchen Features: Cabinets Other
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Dining Room, Family Room
  • Square Footage: 1788.00
  • 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: Wood Siding
  • Roof Type: Shingle
  • Fencing: Chain Link
  • Patio And Porch Features: Covered
  • Exterior Features: Private Yard
  • View: City
  • Pool Private: No
  • Foundation: Raised

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Milton Tee

Lot Info

  • Acres: 0.1713
  • Lot Features: Back Yard
  • Lot Dimensions: 50x148x51x148
  • Parcel Number: 2801024002068
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 767.00
  • Tax Year: 2024

MLS Schools

  • Elementary School: Forest Hill
  • High School: Mattie T Blount
  • Middle School: CL Scarborough

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $818 $12,080 $2,000 $10,080
2023 $757 $11,920 $2,000 $9,920
2022 $723 $11,380 $2,000 $9,380
2021 $674 $10,620 $1,600 $9,020
2020 $649 $10,220 $1,200 $9,020
2019 $622 $9,800 $1,200 $8,600
2018 $622 $9,800 $0 $0
2017 $589 $9,280 $0 $0
2016 $596 $9,380 $0 $0
2013 $585 $9,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Price Changed $135,000 -9.9% $76 / Sq Ft
10/11/2025 10/11/25 For Sale $149,900 -- $84 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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

MLS Number: 7664599

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-01-02-4-002-068

Alabama Mobile County Mobile 36618

1620 Phillips Ln, Mobile, AL

For Sale

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.

Nearby Homes
Listing Agent
Breanna Veth
Section Image
Wellhouse Real Estate LLC - Mobile
(251) 313-9185