$41,000
SOLD OCT 17, 2023
3 Beds
1 Bath
875 Sq Ft
5,297 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

18% Below List Price

146 Days on Market

Highlights

  • Cottage
  • Living Room
  • Brick Front
  • Front Porch
  • 1-Story Property
  • 5-minute walk to Carver Park

About This Home

As of October 2023

Professionally 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 7211770) All measurements are approximate and not guaranteed, buyer to verify.

Last Agent to Sell the Property

Rameh Khazen

Bellator Real Estate LLC License #93507

Last Buyer's Agent

Cathy Matter

RE/MAX Partners License #58475-1

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • 1980

Lot Details

  • 5,297 Sq Ft Lot
  • Lot Dimensions are 41x164x38x158
  • Front Yard Fenced

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Holloway Elementary School
  • Booker T Washington Middle School

Community Details

  • Cloverdale Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2907420001556

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 23 BLK 1 CLOVERDALE S/D BEING A RESUB OF BLK 13 OF JACKSONVILLE MBK 3/503 #SEC 42 T4S R1W #MP29 07 42 0 001
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None
  • Year Built: 1980

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Square Footage: 875.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Shingle
  • Fencing: Front Yard
  • Patio And Porch Features: Front Porch
  • Foundation: Slab

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s)
  • Utilities: Electricity Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: CLOVERDALE

Schools

  • Elementary School: Holloway
  • Middle School: Booker T Washington
  • High School: Mobile - Other

Lot Info

  • Acres: 0.1216
  • Lot Features: Front Yard
  • Lot Dimensions: 41x164x38x158
  • Parcel Number: 2907420001556
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 500.00
  • Assessor Parcel Number: 29-07-42-0-001-556.
  • Close Date: 2023-10-17
  • Tax Year: 2022

MLS Schools

  • Elementary School: Holloway
  • High School: Mobile - Other
  • Middle School: Booker T Washington

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
146
Views
46
Current Estimated Value
$52,000

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
15.91%

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

Map

Range of Values:

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

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

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

MLS Number: 7211842

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-07-42-0-001-556