NOT LISTED FOR SALE

255 N Dearborn St Mobile, AL 36603

Downtown Mobile Neighborhood

Estimated Value: $469,000

0.11 Acre
$4,362,791 Price per Acre
4,683 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $24,000

Est. 1,854% increase in value since last sale

Current estimated payment $2,447/month

160 Days on Market

About This Lot

As of December 2023

Welcome to this beautifully designed two-story residence in Dearborn Place, where elegance meets practicality. Featuring three spacious bedrooms, two and a half baths, and a dedicated study/home office, this home offers the perfect balance of privacy and functionality.
The first-floor Primary Suite is a tranquil retreat, complete with a luxurious en-suite bath featuring a soaking tub, separate shower, and generous closet space. With easy main-level access, it provides comfort and convenience.
An open-concept living, dining, and kitchen area creates a seamless flow, ideal for gatherings and daily life. The study/home office ensures a productive space for work or creativity. Upstairs, two additional bedrooms and a spacious loft area offer versatility for family, guests, hobby rooms, and a well-appointed bath for shared use. Designed with modern style and efficiency, this home blends contemporary aesthetics with thoughtful details, making it an inviting sanctuary for today’s homeowner.

Last Agent to Sell the Property

Kevin Loper

Roberts Brothers West License #28605 Listed on: 04/21/2023

Roberts Brothers West

Last Buyer's Agent

Kimberly Knowles

Bay Estates License #74366

Property Details

Property Type

  • Land

Lot Details

  • 4,683 Sq Ft Lot
  • Property is zoned R1

Schools

  • Florence Howard Elementary School
  • Calloway Smith Middle School
  • Ben C Rain High School

Community Details

  • Dearborn Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2906400003150003

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 3 DEARBORN PLACE SUBDIVISION IN 2020046668
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Condo/Co-op/Association

  • Subdivision Complex: DEARBORN PLACE

Lot Info

  • Acres: 0.1075
  • Current Zoning: R1
  • Lot Dimensions: x
  • Parcel Number: 2906400003150003
  • Price Acre Dollar: 223255.81
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

MLS Schools

  • Elementary School: Florence Howard
  • High School: Ben C Rain
  • Middle School: Calloway Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Dec 1, 2023
Sold by
Historic Mobile Llc
Bought by
Knc Builders Llc and Davis Construction And Building Llc
Seller's Agent
Kevin Loper
Roberts Brothers West
Buyer's Agent
Kimberly Knowles
Bay Estates
List Price
$24,255
Sold Price
$24,000
Premium/Discount to List
-$255
-1.05%
Views
97
Current Estimated Value
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,000
Avg. Annual Appreciation
311.85%
Original Mortgage
$30,000
Outstanding Balance
$29,440
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$439,560
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
Knc Builders Llc $24,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knc Builders Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 For Sale $469,900 +1857.9% $261 / Sq Ft
12/01/2023 12/01/23 Sold $24,000 -1.1% --
09/28/2023 09/28/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $24,255 -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $231 $3,640 $3,640 $0
2024 $231 $3,640 $3,640 $0
2023 $0 $4,680 $4,680 $0
2022 $0 $4,680 $4,680 $0
2021 $0 $4,680 $4,680 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kimberly Knowles

    Bay Estates

    (251) 581-2100

    3 in this area

    9 Total Sales

    Kimberly Knowles
    Section Image
  • Kevin Loper

    Seller's Agent in 2023

    Kevin Loper

    Roberts Brothers West

    (251) 661-4660

    14 in this area

    339 Total Sales

    Kevin Loper
    Section Image
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Map

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

MLS Number: 7205063

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-06-40-0-003-150.003

Alabama Mobile County Mobile 36603 Downtown Mobile

255 N Dearborn St, Mobile, AL

Not Listed for Sale

Lots

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