NOT LISTED FOR SALE

407 Gulfwood Dr Mobile, AL 36608

College Park Neighborhood

Estimated Value: $141,000 - $205,000

3 Beds
1 Bath
1,415 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $172,000 $122 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,124/month

48 Days on Market

Highlights

  • Cottage
  • Outdoor Storage
  • Combination Kitchen and Dining Room
  • Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of February 2024

Fresh exterior painting, a recent roof, a new driveway, and new flooring are just some of the updates in this 3/1 Spring Hill property that has fantastic potential as an investment property or a starter home. It has nice open living and dining space upon entry with a kitchen contiguous. All 3 bedrooms down the hall with a hall bath in white tile. Located very near I-65 just off Spring Hill Avenue, this precious cottage with wrought iron accents and great curb appeal has several charming features plus it is convenient for shopping, schools, and dining. You will love the attached single carport and laundry along with the large yard with a stream. Sellers have recently installed drainage. There is a slab from a previous building on the property that could be a development opportunity for a large storage building/workshop or potentially a detached property. Make your appointment today to see this cute cottage! The listing company makes no representation of the accuracy of the square footage buyer to verify.

Last Agent to Sell the Property

Melissa Morrissette

L L B & B, Inc. Listed on: 12/08/2023

Last Buyer's Agent

Christopher Coaker

Luna Beach Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 94x170x42x91x109
  • Level Lot

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room Outside
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Community Details

  • Gulfwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2806371002027XXX

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Intersecting Street: Springhill Avenue
  • Property Amenities: Cable, Internet, Storage-Out
  • Property Type: Residential Detached
  • Style: Cottage
  • Zoning Area: Single Family Residence
  • Parcel Id Tax Id: 2806371002027XXX
  • Year Built: 1957
  • Geo Subdivision: AL
  • Governing Municipality: Mobile County
  • Living Room Group: Living Room
  • Property Legal Description: LOT 3 GULFWOOD 4TH UNIT MBK 6/11-12 #SEC 37 T4S R2W #MP28 06 37 1 002
  • Subdivsn Or Commnty: Gulfwood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range-Electric, Refrigerator
  • Estimated Living Area: 1415
  • Bathrooms: 1
  • Bedroom 2: Dimensions: 11'2''x9'6'', On Level: Main Level
  • Bedroom 3: Dimensions: 13'2''x10'11'', On Level: Main Level
  • Bedrooms: 3
  • Dining Area: Dimensions: 11'1''x9'1'', On Level: Main Level
  • Dining Area Type: Dining/Kitchen Combo
  • Fireplace: No Fireplace
  • Floors: Laminate
  • Kitchen: Dimensions: 10'10''x9', On Level: Main Level
  • Living Room: Dimensions: 16'5''x13'9'', On Level: Main Level
  • Master Bed: Dimensions: 11'6''x10'11'', On Level: Main Level
  • Other Rooms: Utility Room-Outside
  • Price Per Sq Ft: 121.55
  • Property Interior Stories: 1
  • Primary Bedroom Bathrooms: 1st Floor Primary

Exterior Features

  • Exterior Finish: Brick, Wood
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Single Carport, Side Entrance

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Sewage-City, Water-City, Alabama Power

Schools

  • Elementary School: Mobile-other
  • Middle School: Mobile-Other
  • High School: Mobile- Other

Lot Info

  • Estimated Lot Size: 0.3496
  • Lot Block Unit: 3
  • Lot Description: Less Than 1 Acre, Level, Rolling, Subdivision
  • Lot Size: 94x170x42x91x109

Tax Info

  • Property Taxes: 1135.38
  • Assessor Parcel Number: 00551502

MLS Schools

  • Elementary School: Mobile-other
  • HighSchool: Mobile- Other
  • Middle School: Mobile-Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Feb 21, 2024
Sold by
Farmer Murray P
Bought by
Byrd Connor B and Hadley Rosalyn M
Seller's Agent
Melissa Morrissette
L L B & B, Inc.
Buyer's Agent
Christopher Coaker
Luna Beach Properties, LLC
List Price
$194,750
Sold Price
$172,000
Premium/Discount to List
-$22,750
-11.68%
Views
258
Current Estimated Value
$185,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,471
Avg. Annual Appreciation
5.38%
Original Mortgage
$168,884
Outstanding Balance
$166,895
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$18,576

Purchase Details

Closed on
Dec 17, 2021
Sold by
Consulting And Investment Group Llc
Bought by
Farmer Murray P

Purchase Details

Closed on
May 1, 2018
Sold by
Wilmington Savings Fund Society
Bought by
Consulting And Investment Group Llc

Purchase Details

Closed on
Mar 28, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 30, 2003
Sold by
Platt Margaret B and Babin Jeanne
Bought by
Cleaver Elizabeth A and Aull Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.75%
Mortgage Type
Unknown
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
Byrd Connor B $172,000 None Listed On Document
Farmer Murray P $85,000 Laurendine Chase R
Consulting And Investment Group Llc $62,000 None Available
Wilmington Savings Fund Society Fsb $40,000 None Available
Cleaver Elizabeth A $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrd Connor B $168,884
Previous Owner Cleaver Elizabeth A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $172,000 -11.7% $122 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $194,750 -- $138 / Sq Ft
Source: Baldwin 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 $1,194 $9,320 $3,500 $5,820
2023 $1,194 $17,880 $7,000 $10,880
2022 $1,073 $16,900 $7,000 $9,900
2021 $820 $12,920 $4,200 $8,720
2020 $820 $12,920 $4,200 $8,720
2019 $810 $12,760 $0 $0
2018 $810 $12,760 $0 $0
2017 $1,111 $17,500 $0 $0
2016 $1,135 $17,880 $0 $0
2013 $1,124 $17,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Morrissette

    Seller's Agent in 2024

    Melissa Morrissette

    L L B & B, Inc.

    (251) 709-4736

    32 in this area

    165 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Coaker

    Luna Beach Properties, LLC

    (251) 228-2254

    1 in this area

    45 Total Sales

    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 355114

Baldwin REALTORS®

APN: 28-06-37-1-002-027

Alabama Mobile County Mobile 36608 College Park

407 Gulfwood Dr, Mobile, AL

This home is located at 407 Gulfwood Dr, Mobile, AL 36608 since 08 December 2023 and is currently estimated at $185,471, approximately $131 per square foot. This property was built in 1957. 407 Gulfwood Dr is a home located in Mobile County with nearby schools including Mary B. Austin Elementary School, CL Scarborough Middle School, and Murphy High School.

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.

Baldwin 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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