2004 Edwards Ave Mobile, AL 36617
Midtown Mobile Neighborhood
3
Beds
1
Bath
875
Sq Ft
5,271
Sq Ft Lot
Highlights
- Cottage
- Living Room
- Carpet
- Eat-In Kitchen
- ENERGY STAR Qualified Ceiling Fan
- 5-minute walk to Carver Park
About This Home
As of October 2023Professionally managed rental property, and tenant occupied! This property is generating revenue and is an affordable option to begin your investing career. This property is currently tenant occupied for $575 and is low maintenance. It is a concrete block home but will need some updating. (flooring, paint, soffit repair, and hvac) The rent is paid by the tenant and the property is professionally managed by The Rent Experts. The tenants would like to stay and are on currently on a month to month lease. This is a great opportunity to get income producing property at an affordable price. The home across the street will also be listed and can be sold as part of a two property portfolio, see MLS # (Insert 2009 E Edwards MLS 345416) All measurements are approximate and not guaranteed, buyer to verify.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $302
Year Built
- Built in 1986
Lot Details
- Lot Dimensions are 41x164x38x158
Home Design
- Cottage
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 875 Sq Ft Home
- 1-Story Property
- ENERGY STAR Qualified Ceiling Fan
- Ceiling Fan
- Living Room
- Eat-In Kitchen
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Community Details
- Cloverdale / Fairmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 2907420001556XXX
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2023
Closed on
Oct 16, 2023
Sold by
Zenful Sunset Al Llc
Bought by
Afab Real Estate Llc
Seller's Agent
Rameh Khazen
Bellator Real Estate LLC Mobil
Buyer's Agent
Cathy Matter
RE/MAX Partners
List Price
$49,900
Sold Price
$41,000
Premium/Discount to List
-$8,900
-17.84%
Total Days on Market
15
Views
46
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
$11,000
Avg. Annual Appreciation
15.80%
Purchase Details
Closed on
Aug 6, 2021
Sold by
Lugassy Michael
Bought by
Zenful Sunset Al Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2017
Sold by
B K Properties Llc
Bought by
Kjgm Rentals Llc
Purchase Details
Closed on
Mar 11, 2011
Sold by
Mccorkle Larry Bree
Bought by
B K Properties Llc
Similar Homes in Mobile, AL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $41,000 | Delta South Title | |
| Warranty Deed | $23,800 | None Available | |
| Warranty Deed | $22,000 | None Available | |
| Warranty Deed | -- | Slt |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $28,500 | New Conventional | |
| Previous Owner | $22,959 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2023 10/17/23 | Sold | $41,000 | 0.0% | $47 / Sq Ft |
| 10/17/2023 10/17/23 | Sold | $41,000 | -17.8% | $47 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 09/11/2023 09/11/23 | For Sale | $49,900 | 0.0% | $57 / Sq Ft |
| 09/11/2023 09/11/23 | For Sale | $49,900 | +21.7% | $57 / Sq Ft |
| 09/10/2023 09/10/23 | Off Market | $41,000 | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $49,900 | -- | $57 / 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 | $489 | $7,540 | $1,200 | $6,340 |
| 2023 | $489 | $7,880 | $780 | $7,100 |
| 2022 | $500 | $7,880 | $780 | $7,100 |
| 2021 | $302 | $4,760 | $780 | $3,980 |
| 2020 | $302 | $4,760 | $780 | $3,980 |
| 2019 | $273 | $4,300 | $780 | $3,520 |
| 2018 | $273 | $4,300 | $0 | $0 |
| 2017 | $273 | $4,300 | $0 | $0 |
| 2016 | $284 | $4,480 | $0 | $0 |
| 2013 | $315 | $4,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rameh Khazen
Seller's Agent in 2023
Rameh Khazen
Bellator Real Estate LLC Mobil
(251) 786-4673
39 in this area
339 Total Sales
-
Cathy Matter
Buyer's Agent in 2023
Cathy Matter
RE/MAX
(251) 445-0119
3 in this area
47 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 351565
APN: 29-07-42-0-001-556
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