1861 Summer Place Dr E Mobile, AL 36618
Colonial Heights NeighborhoodEstimated Value: $136,000 - $216,854
4
Beds
3
Baths
2,047
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Front Porch
- En-Suite Primary Bedroom
- Great Room
- Attached Garage
- Outdoor Storage
About This Home
As of April 2024Don't miss the investment opportunity in this property whether this is your primary residence or an investment property to buy and hold or fix and flip the potential is here for great equity! This home features an "in-law" suite that has a separate access complete with it's own ensuite bathroom, kitchenette and laundry. Currently this is a 4th bedroom in the home as it is also accessible from the interior but the potential abounds for this to be a second rental or true in-law suite. Many great features like wood burning fireplace and modern floor plan. This home has had some repairs made but the cosmetic repairs are still to be done. The roof, water heater, and outside A/C were new in 2017 per the seller. This 4 bed/3 bath home needs some flooring, cosmetic repair work to sheetrock, some fresh paint and updating to the kitchen and you will have some instant equity in this property. It is aggressively priced to move as the sellers are motivated and they are selling the property as is where is. Don't miss your opportunity to purchase a great home with great potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $638
Year Built
- Built in 1987
Lot Details
- Lot Dimensions are 104x104
- Fenced
- Level Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,047 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Great Room
- Fire and Smoke Detector
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Parking
- Attached Garage
- Carport
- On-Street Parking
Outdoor Features
- Outdoor Storage
- Front Porch
Schools
- Orchard Elementary School
- Cl Scarborough Middle School
- Mattie T Blount High School
Utilities
- Central Air
- Cable TV Available
Community Details
- Summer Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 2802042000008041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2023
Closed on
Apr 17, 2024
Sold by
Matchett Jonathan and Matchett Cynthia
Bought by
Bohannon Aaron D and Edwards Sascha P
Seller's Agent
Steve Hickman
Keller Williams - Mobile
Buyer's Agent
Angel Gamble
Bellator Real Estate LLC Mobil
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Total Days on Market
119
Views
314
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
$16,464
Avg. Annual Appreciation
9.14%
Original Mortgage
$142,450
Outstanding Balance
$140,969
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$35,495
Purchase Details
Closed on
Nov 26, 2008
Sold by
American General Financial Services Of A
Bought by
Matchett Jonathan and Matchett Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,997
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 21, 2007
Sold by
Bendolph Lawree M and Bendolph Henry
Bought by
American General Financial Svcs Al Inc
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bohannon Aaron D | $160,000 | None Listed On Document | |
| Matchett Jonathan | $100,098 | Abb | |
| American General Financial Svcs Al Inc | $111,562 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bohannon Aaron D | $142,450 | |
| Previous Owner | Matchett Jonathan W | $2,997 | |
| Previous Owner | Matchett Jonathan | $98,598 | |
| Previous Owner | Bendolph Henry | $99,406 | |
| Previous Owner | Bendolph Henry F | $82,922 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2024 04/17/24 | Sold | $160,000 | +0.1% | $78 / Sq Ft |
| 03/06/2024 03/06/24 | Pending | -- | -- | -- |
| 03/02/2024 03/02/24 | For Sale | $159,900 | -0.1% | $78 / Sq Ft |
| 12/08/2023 12/08/23 | Off Market | $160,000 | -- | -- |
| 12/08/2023 12/08/23 | For Sale | $159,900 | 0.0% | $78 / Sq Ft |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | For Sale | $159,900 | -- | $78 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $831 | $13,980 | $2,000 | $11,980 |
| 2023 | $831 | $11,090 | $2,000 | $9,090 |
| 2022 | $591 | $10,350 | $2,000 | $8,350 |
| 2021 | $591 | $10,350 | $2,000 | $8,350 |
| 2020 | $591 | $10,350 | $2,000 | $8,350 |
| 2019 | $601 | $10,510 | $2,000 | $8,510 |
| 2018 | $569 | $10,020 | $0 | $0 |
| 2017 | $543 | $9,600 | $0 | $0 |
| 2016 | $718 | $12,360 | $0 | $0 |
| 2013 | -- | $13,360 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Hickman
Seller's Agent in 2024
Steve Hickman
Keller Williams - Mobile
(251) 802-1923
1 in this area
132 Total Sales
-
Angel Gamble
Buyer's Agent in 2024
Angel Gamble
Bellator Real Estate LLC Mobil
(251) 377-0284
4 in this area
100 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 354249
APN: 28-02-04-2-000-008.041
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