D
Seller's Agent in 2024
David Horn
Bellator Real Estate, LLC
(251) 463-6835
1 in this area
15 Total Sales
166 Kenan St Mobile, AL 36606
Midtown Mobile NeighborhoodEstimated Value: $387,000 - $439,000
6
Beds
5
Baths
3,913
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- Wood Flooring
- High Ceiling
- Cooling Available
- Victorian Architecture
- No HOA
- 3-minute walk to Memorial Park
About This Home
As of August 2024Exuding elegance and sophistication, this fully occupied four-unit property is a lucrative income-producing asset located in the desirable Midtown area of Mobile, Alabama. Situated on a spacious corner lot, this exceptional multi-unit dwelling boasts over 3200 square feet of living space. The downstairs units impress with 11-foot ceilings, while the upstairs units feature 10-foot ceilings. Further adding to its charm are the original hardwood floors and fully equipped kitchens, enhancing the property's appeal. The home was gently converted into 3, 2-bedroom 2 bath apartments (approx. 1100 sq. ft. each) Unit A is a downstairs unit, it was renovated in 2023, currently occupied w/ lease end date 3/2025, leased for $1500 per month.Unit B is a 2-bedroom 1 bath upstairs apartment (approx. 1000 sq. ft.) just recently renovated in 2022, currently occupied w/ lease end date 2/2025, leased for $1100 per month, and has new washer and dryer connections.Unit C is a 2-bedroom 1 bath downstairs apartment (approx. 1000 sq. ft.) currently occupied with a lease end date of 11/2024 and leased for $1050 per month.The property also has a large 1 bedroom 1 bath garage apartment (approx. 750 sq. ft.) currently occupied w/ a lease end date of 8/2024, leasing for $850 per month, and this unit has tons of potential to be completely remodeled and generate more revenue per month.Under the garage apartment, is a large, recently cleaned out garage/storage area that has endless possibilities. This exceptional investment opportunity offers luxurious living in a serene neighborhood. With its thoughtful design and high product quality, managing and maintaining it is effortless. This gem in Midtown presents a remarkable chance for a long-term investment, acquiring a top-tier asset with great potential and future opportunities that will enrich any portfolio. Buyer to verify all information during due diligence.
Last Agent to Sell the Property
Bellator Real Estate, LLC Brokerage Phone: 251-928-0031 License #95156 Listed on: 07/03/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1983
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Victorian Architecture
- Composition Roof
Interior Spaces
- 3,913 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Schools
- Leinkauf Elementary School
- Booker T. Washington Middle School
- Murphy High School
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2907240005185XXX
- Tax Block 8
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2024
Closed on
Aug 21, 2024
Sold by
Bought by
Seller's Agent
David Horn
Bellator Real Estate, LLC
Buyer's Agent
Zack Morgan
Kelly Right Real Estate of Alabama
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
53
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
$2,846
Avg. Annual Appreciation
0.35%
Original Mortgage
$311,250
Outstanding Balance
$305,155
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$112,691
Purchase Details
Closed on
Mar 17, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 7, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $415,000 | None Listed On Document | ||
| -- | None Available | ||
| $176,000 | First American Mtg Solution | ||
| $1,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $311,250 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $132,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2024 08/21/24 | Sold | $415,000 | -2.4% | $106 / Sq Ft |
| 07/15/2024 07/15/24 | Pending | -- | -- | -- |
| 07/03/2024 07/03/24 | For Sale | $425,000 | -- | $109 / Sq Ft |
Source: Baldwin REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,798 | $75,400 | $7,200 | $68,200 |
| 2024 | $4,798 | $32,860 | $7,200 | $25,660 |
| 2023 | $2,097 | $36,840 | $7,000 | $29,840 |
| 2022 | $2,271 | $35,760 | $7,000 | $28,760 |
| 2021 | $2,529 | $39,820 | $8,280 | $31,540 |
| 2020 | $2,454 | $38,640 | $8,280 | $30,360 |
| 2019 | $2,540 | $40,000 | $8,280 | $31,720 |
| 2018 | $2,540 | $40,000 | $0 | $0 |
| 2017 | $2,779 | $43,760 | $0 | $0 |
| 2016 | $2,423 | $38,160 | $0 | $0 |
| 2013 | $2,546 | $39,380 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Horn
-
Zack Morgan
Buyer's Agent in 2024
Zack Morgan
Kelly Right Real Estate of Alabama
(251) 228-6422
2 in this area
15 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 364587
APN: 29-07-24-0-005-185
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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