NOT LISTED FOR SALE

Estimated Value: $92,000 - $131,000

4 Beds
2 Baths
1,500 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $79,900 $53 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $685/month

2 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Great Room
  • City View
  • Bonus Room
  • Cottage

About This Home

As of August 2022

Calling all investors. Here is your chance to get a turnkey 2 for one rental deal. The front house is a sturdy well built 3 bedroom 1 bath and has a brand new 30 yr roof. The home features heart pine floors and pine walls. You will see how well built this place is. Central heat and air and currently rented with a long time tenant for 656 a month (under market rent). Then at the end of the driveway you get a separate apartment out back with private entrance that is rented for 350.00 a month. Plenty of parking. Tenants have about 7 months left on the current leases. Turn key deal and start receiving 1,000 a month income. At the end of the leases the new owner could increase rents for more income as current rents are under market value. Current owner didn't raise rents as tenant takes very good care of the home. CASH SALE ONLY. No owner occupant offers as new buyer must honor current leases. Tenants are long time and pay on time and want to stay. Will not qualify for FHA or owner occupant offers. Please provide proof of funds with your Cash offer. Title and closing with Crane title on hillcrest rd.

Last Agent to Sell the Property

Mitchell Crigler

Crigler Realty Group License #70466 Listed on: 07/26/2022

Last Buyer's Agent

NOT MULTIPLE LISTING

NOT MULTILPLE LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $349

Lot Details

  • 10,450 Sq Ft Lot
  • Back Yard

Home Design

  • Cottage
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Great Room
  • Breakfast Room
  • Bonus Room
  • City Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Studio bedroom
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 6 Parking Spaces
  • Parking Pad
  • Driveway
  • Assigned Parking

Schools

  • Morningside Elementary School
  • Lillie B Williamson High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • 110 Volts
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Additional Residence on Property

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2909510004112

Home Details

Home Type

Single Family

Est. Annual Taxes

$349

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: COMG AT NW INTERSECT OF PLEASANT VALLEY RD & FARNELL LANE RUN THEN WLY ALG N R/W OF PLEASANT VALLEY RD 226.4 FT TO AN IRON MARKER FOR PT OF BEG OF HEREIN DESC PPTY THEN CONT WLY ALG SAID N R/W LINE OF PLEASANT VALLEY RD 67.5 FT TO PT THEN WITH AN INT ANG OF 89 DEG 06 MIN RUN N-LY 148.2 FT TO PT AT A FENCE COR WITH AN INT ANG OF 00 DEG 54 MIN RUN ELY ALG A FENCE 67.5 FT TO PT THEN WITH A DEFL ANG OF DEG 54 MIN TO RT RUN SLY 148.2 FT T O PT OF BEG #SEC 51 T4S R2W #MP29 09 51 0 004
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Laminate
  • Appliances: Electric Cooktop, Electric Range, Electric Water Heater
  • Interior Amenities: Wet Bar
  • Kitchen Features: Breakfast Bar, Breakfast Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Great Room
  • Square Footage: 1500.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Studio
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Guest House, Second Residence
  • Construction Materials: Asbestos, Brick Veneer
  • Roof Type: Composition
  • Patio And Porch Features: Covered
  • View: City
  • Foundation: Block, Concrete Perimeter, Pillar/Post/Pier

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Assigned, Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Window Unit(s)
  • Heating: Central
  • Laundry Features: Common Area
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: METES & BOUNDS

Schools

  • Elementary School: Morningside
  • Middle School: Mobile - Other
  • High School: Lillie B Williamson

Lot Info

  • Acres: 0.2399
  • Land/Lot: 0000
  • Section G M D: 0000
  • Plat Book: 000
  • Plat Page: 000
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 2909510004112
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 349.00
  • Assessor Parcel Number: 29-09-51-0-004-112.
  • Close Date: 2022-08-05
  • Tax Year: 2021

MLS Schools

  • Elementary School: Morningside
  • High School: Lillie B Williamson
  • Middle School: Mobile - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 17, 2022
Sold by
Swie Tan Stephanus Thian
Bought by
Happy Home Builder Llc
Seller's Agent
Mitchell Crigler
Crigler Realty Group
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$110,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,751
Avg. Annual Appreciation
15.65%
Original Mortgage
$72,000
Outstanding Balance
$68,917
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$55,575

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 5, 2022
Sold by
Gautreaux Sr Barry G
Bought by
Tan Stephanus Thian Swie
Seller's Agent
Mitchell Crigler
Crigler Realty Group
Buyer's Agent
NOT MULTIPLE LISTING
NOT MULTILPLE LISTING
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$68,917
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$55,575

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 11, 2021
Sold by
Knight Juanita
Bought by
Gautreaux Barry G
Seller's Agent
Mitchell Crigler
Crigler Realty Group
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
May 4, 2006
Sold by
Nettles Leigh Ann
Bought by
Knight Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,550
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2005
Sold by
Nettles John Keith and Case #Dr-03-500409
Bought by
Nettles Leigh Ann

Purchase Details

Closed on
Apr 13, 2000
Sold by
Norwest Bank Minnesota Na
Bought by
Nettles John K and Nettles Leigh A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
8.29%
Source: Public Records

Range of Values:

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Average Value
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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
Happy Home Builder Llc -- Pipkin & Associates Llc
Tan Stephanus Thian Swie $80,000 Crane Legal Pc
Gautreaux Barry G $65,000 None Listed On Document
Knight Juanita $69,000 None Available
Nettles Leigh Ann -- None Available
Nettles John K -- Surety Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Happy Home Builders Llc $72,000
Previous Owner Knight Juanita $65,550
Previous Owner Nettles John K $43,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $79,900 0.0% $53 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $79,900 +22.9% $53 / Sq Ft
01/11/2021 01/11/21 Sold $65,000 -- $49 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
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
2024 $979 $15,260 $2,000 $13,260
2023 $979 $15,960 $2,000 $13,960
2022 $833 $13,120 $2,000 $11,120
2021 $349 $10,960 $2,000 $8,960
2020 $387 $12,180 $2,000 $10,180
2019 $342 $10,760 $1,000 $9,760
2018 $342 $5,380 $0 $0
2017 $373 $5,880 $0 $0
2016 $387 $6,100 $0 $0
2013 $431 $5,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 7089885

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-09-51-0-004-112