NOT LISTED FOR SALE

309 Michigan Ave Mobile, AL 36604

Washington Square Neighborhood

Estimated Value: $162,547 - $277,000

3 Beds
1 Bath
1,500 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 309 Michigan Ave, Mobile, AL 36604 and is currently estimated at $197,887, approximately $131 per square foot. 309 Michigan Ave is a home located in Mobile County with nearby schools including Leinkauf Elementary School, Calloway Smith Middle School, and Murphy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Fannie Mae
Bought by
Bormann Karen
Current Estimated Value
$197,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,234
Outstanding Balance
$227,834
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
-$29,947

Purchase Details

Closed on
Oct 19, 2021
Sold by
Parker Holly and Murphy John Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 12, 2013
Sold by
Murphy Holly Parker and Murphy John Michael
Bought by
Murphy Holly Parker

Purchase Details

Closed on
Sep 14, 2007
Sold by
Murphy John Michael
Bought by
Murphy John Michael and Parker Holly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bormann Karen $235,500 None Listed On Document
Federal National Mortgage Association $83,000 None Available
Murphy Holly Parker $34,050 None Available
Murphy John Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bormann Karen $231,234
Previous Owner Parker Holly $112,000
Source: Public Records

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 $461 $8,160 $2,100 $6,060
2023 $461 $7,200 $2,100 $5,100
2022 $390 $7,200 $2,100 $5,100
2021 $390 $7,200 $2,100 $5,100
2020 $371 $6,900 $1,380 $5,520
2019 $372 $6,920 $0 $0
2018 $859 $13,520 $0 $0
2017 $859 $13,520 $0 $0
2016 $870 $13,700 $0 $0
2013 $366 $6,560 $0 $0
Source: Public Records

Map

Alabama Mobile County Mobile 36604 Washington Square

309 Michigan Ave, Mobile, AL

This home is located at 309 Michigan Ave, Mobile, AL 36604 and is currently estimated at $197,887, approximately $131 per square foot. 309 Michigan Ave is a home located in Mobile County with nearby schools including Leinkauf Elementary School, Calloway Smith Middle School, and Murphy High School.

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