NOT LISTED FOR SALE

2502 Richard Ave Mobile, AL 36606

Midtown Mobile Neighborhood

Estimated Value: $146,000 - $188,000

4 Beds
2 Baths
1,381 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $63,100 $46 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $953/month

Highlights

  • Gated Community
  • Wood Flooring
  • Cottage
  • Deck
  • Bonus Room
  • 1 Car Detached Garage

About This Home

As of March 2013

FORECLOSURE SUBJECT TO ALABAMA RIGHT OF REDEMPTION. GREAT MID TOWN COTTAGE WITH 4 BEDROOMS AND 2 BATHS. FIREPLACE. HARDWOOD AND TILE FLOORS; RENOVATED KITCHEN. MASTER HAS WALK IN CLOSET. FENCED YARD.

Last Agent to Sell the Property

Leslie Neyhart

Keller Williams AGC Realty-Da License #64042 Listed on: 02/24/2013

Keller Williams AGC Realty-Da

Last Buyer's Agent

David Campbell

IXL Real Estate LLC License #84373

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60x120
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Asbestos

Interior Spaces

  • 1,381 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Ellinor Place Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2907230007183

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 17 BLK J ELLINOR PLACE EXT MBK 4 PG 68 #SEC 23 T4S R1W #MP29 07 23 0 007
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1960
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Square Footage: 1381.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Asbestos
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Detached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: ELLINOR PLACE

Lot Info

  • Lot Dimensions: 60X120
  • Parcel Number: 2907230007183
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2013
Closed on
Mar 19, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Klett Rainer H
Seller's Agent
Leslie Neyhart
Keller Williams AGC Realty-Da
Buyer's Agent
David Campbell
IXL Real Estate LLC
Sold Price
$63,100
Current Estimated Value
$175,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,395
Avg. Annual Appreciation
8.25%
Original Mortgage
$64,102
Outstanding Balance
$45,199
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$130,296

Purchase Details

Closed on
Oct 25, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 15, 2012
Sold by
Shell Richard T and Shell Richard Thomas
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 8, 2011
Sold by
Harlan Thomas S and Harlan Leigh
Bought by
Shell Richard Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,338
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2005
Sold by
Manley Suzanne and Manley Michael Aaron
Bought by
Harlan Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1999
Sold by
Shropshire Michelle J and Shropshire Owen S
Bought by
Champagne Suzanne M and Champagne Betty F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,964
Interest Rate
6.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Klett Rainer H $63,100 Slt
Secretary Of Housing & Urban Development $108,138 None Available
Wells Fargo Bank Na $108,138 None Available
Shell Richard Thomas $105,000 Slt
Harlan Thomas S -- --
Champagne Suzanne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klett Rainer H $64,102
Previous Owner Shell Richard Thomas $102,338
Previous Owner Harlan Thomas S $64,000
Previous Owner Champagne Suzanne M $69,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2013 03/25/13 Sold $63,100 0.0% $46 / Sq Ft
03/25/2013 03/25/13 Sold $63,100 0.0% $46 / Sq Ft View Prior Sale
02/24/2013 02/24/13 Pending -- -- --
02/23/2013 02/23/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $63,100 -- $46 / 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
2025 $589 $10,170 $3,000 $7,170
2024 $589 $9,760 $3,000 $6,760
2023 $564 $9,000 $2,500 $6,500
2022 $485 $8,700 $2,500 $6,200
2021 $485 $8,700 $2,500 $6,200
2020 $485 $8,700 $2,500 $6,200
2019 $520 $9,240 $0 $0
2018 $520 $9,240 $0 $0
2017 $520 $9,240 $0 $0
2016 $543 $9,600 $0 $0
2013 $529 $9,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leslie Neyhart

    Keller Williams AGC Realty-Da

    Section Image

  • D

    Buyer's Agent in 2013

    David Campbell

    IXL Real Estate LLC

  • N

    Buyer's Agent in 2013

    Non Member

    Non Member Office

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Map

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

MLS Number: 0246826

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-07-23-0-007-183

Alabama Mobile County Mobile 36606 Midtown Mobile

2502 Richard Ave, Mobile, AL

Not Listed for Sale

Detached

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.

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