500 Summerville St Mobile, AL 36617
Midtown Mobile Neighborhood
2
Beds
1
Bath
1,046
Sq Ft
5,250
Sq Ft Lot
Highlights
- Corner Lot
- Cottage
- Central Heating and Cooling System
- No HOA
- Tile Flooring
- Asbestos
About This Home
As of March 2025Calling all investors! This one needs lots of love but has the potential to be a good rental or flip. CASH BUYERS ONLY - Part of an estate so will require the approval of probate court.
Last Buyer's Agent
Non Member
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $410
Year Built
- Built in 1955
Lot Details
- 5,250 Sq Ft Lot
- Lot Dimensions are 42 x 125
- Corner Lot
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Composition Roof
- Asbestos
Interior Spaces
- 1,046 Sq Ft Home
- 1-Story Property
- Electric Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Holloway Elementary School
- Booker T Washington Middle School
- John L Leflore High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2907420003002XXX
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
Mar 14, 2025
Sold by
Ardalan Kouresh
Bought by
Blue Marathon Investment Group 2 Llc
Seller's Agent
Don and Maria Foster
Berkshire Hathaway Cooper & Co
Buyer's Agent
Don and Maria Foster
Berkshire Hathaway Cooper & Co
List Price
$69,900
Sold Price
$54,300
Premium/Discount to List
-$15,600
-22.32%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,219
Avg. Annual Appreciation
7.35%
Original Mortgage
$60,000
Outstanding Balance
$58,496
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$2,832
Purchase Details
Listed on
Mar 27, 2024
Closed on
Jul 31, 2024
Sold by
Hoffman Dumas M and Hoffman Anthony
Bought by
Ardalan Kouresh
Seller's Agent
Libby Thompson
Shamrock Properties, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$29,000
Sold Price
$31,000
Premium/Discount to List
$2,000
6.9%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.97%
Similar Homes in Mobile, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $54,300 | Delta South Title Inc | |
| Warranty Deed | $31,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $54,300 | -22.3% | $52 / Sq Ft |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $69,900 | +125.5% | $67 / Sq Ft |
| 08/01/2024 08/01/24 | Sold | $31,000 | +6.9% | $30 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | For Sale | $29,000 | -- | $28 / Sq Ft |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | $495 | $7,640 | $1,200 | $6,440 |
| 2023 | $495 | $6,460 | $1,200 | $5,260 |
| 2022 | $386 | $6,080 | $820 | $5,260 |
| 2021 | $386 | $6,080 | $820 | $5,260 |
| 2020 | $382 | $6,020 | $820 | $5,200 |
| 2019 | $404 | $6,360 | $820 | $5,540 |
| 2018 | $404 | $6,360 | $0 | $0 |
| 2017 | $404 | $6,360 | $0 | $0 |
| 2016 | $417 | $6,560 | $0 | $0 |
| 2013 | $385 | $5,780 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Don and Maria Foster
Seller's Agent in 2025
Don and Maria Foster
Berkshire Hathaway Cooper & Co
(251) 380-7579
4 in this area
109 Total Sales
-
Libby Thompson
Seller's Agent in 2024
Libby Thompson
Shamrock Properties, LLC
(251) 621-5331
5 in this area
169 Total Sales
-
N
Buyer's Agent in 2024
Non Member
Non Member Office
Map
Source: Baldwin REALTORS®
MLS Number: 360027
APN: 29-07-42-0-003-002
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