NOT LISTED FOR SALE

5000 Ridgedale Rd Mobile, AL 36609

Greenwich Hills Neighborhood

Estimated Value: $120,000 - $147,000

3 Beds
2 Baths
1,322 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $45,000 $34 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $766/month

89 Days on Market

Highlights

  • City View
  • L-Shaped Dining Room
  • Rear Porch
  • Traditional Architecture
  • Den
  • Patio

About This Home

As of June 2023

Attention Investors! This income producing 3 bedroom 2 bathroom property on a large lot is being sold as is with a fantastic tenant already in place. New roof in 2019. This property is being sold as is. All measurements are approximate and not guaranteed, buyer to verify. Selling Agent is related to seller. Buyer to verify all information in listing.

Last Agent to Sell the Property

Jennifer Ballard

Bellator Real Estate LLC Mobile License #115410-1 Listed on: 03/10/2023

Bellator Real Estate LLC Mobile

Last Buyer's Agent

Jeremy Tanner

Tanner & Company Real Estate L License #143875-1

Tanner & Company Real Estate L

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • L-Shaped Dining Room
  • Den
  • Ceramic Tile Flooring
  • City Views
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Elizabeth Fonde Elementary School
  • Chastang-Fournier Middle School
  • Wp Davidson High School

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Cambridge Estates Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 2808384002109

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 12 BLK E CAMBRIDGE ESTS SECT A MBK 13 P 9 #SEC 38 T4S R1W #MP28 08 38 4 002
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1961
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Dining Room
  • Dining Room Features: Dining L
  • Square Footage: 1322.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Fencing: Back Yard
  • Patio And Porch Features: Patio, Rear Porch
  • View: City
  • Foundation: Slab

Garage/Parking

  • Number of Carport Spaces: 1
  • Parking Features: Carport, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Subdivision Complex: CAMBRIDGE ESTATES

Lot Info

  • Acres: 0.2875
  • Lot: 12
  • Plat Book: 13
  • Plat Page: 9
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 2808384002109
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 837.00
  • Tax Year: 2022

MLS Schools

  • Elementary School: Elizabeth Fonde
  • High School: WP Davidson
  • Middle School: Chastang-Fournier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jun 23, 2023
Sold by
Ballard Investments Llc
Bought by
Honu Properties 3 Llc
Seller's Agent
Jennifer Ballard
Bellator Real Estate LLC Mobile
Buyer's Agent
Jeremy Tanner
Tanner & Company Real Estate L
List Price
$120,000
Sold Price
$45,000
Premium/Discount to List
-$75,000
-62.5%
Views
326
Current Estimated Value
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,000
Avg. Annual Appreciation
50.89%
Original Mortgage
$731,500
Outstanding Balance
$392,926
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
-$263,926

Purchase Details

Listed on
Apr 28, 2018
Closed on
May 18, 2018
Sold by
Smith Marvis and Guy Jessica Michelle
Bought by
Balolard Investments Llc
Seller's Agent
Nick Brooks
RE/MAX Signature Properties
Buyer's Agent
Jennifer Ballard
Bellator Real Estate LLC Mobile
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Mar 17, 2008
Sold by
Perryman Tshemika and Sullivan Jawinze
Bought by
Smith Marvis and Guy Jessica Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,356
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2006
Sold by
Teague Francis M
Bought by
Perryman Tshemika and Sullivan Jawinee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,163
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2002
Sold by
Burris Elizabeth
Bought by
Teague Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,724
Interest Rate
6.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Honu Properties 3 Llc $1,045,000 None Listed On Document
Balolard Investments Llc $45,000 None Available
Smith Marvis $100,356 Slt
Perryman Tshemika $86,500 None Available
Teague Frances M $73,900 Surety Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honu Properties 3 Llc $731,500
Previous Owner Smith Marvis $98,356
Previous Owner Perryman Tshemika $85,163
Previous Owner Teague Frances M $72,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $45,000 -65.1% $34 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $129,000 -0.8% $98 / Sq Ft
05/17/2023 05/17/23 Price Changed $130,000 +8.3% $98 / Sq Ft
03/10/2023 03/10/23 For Sale $120,000 +166.7% $91 / Sq Ft
05/18/2018 05/18/18 Sold $45,000 -- $34 / Sq Ft View Prior Sale
04/28/2018 04/28/18 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
2025 $1,098 $17,340 $2,400 $14,940
2024 $1,098 $16,020 $2,400 $13,620
2023 $1,027 $14,340 $2,400 $11,940
2022 $837 $13,180 $2,400 $10,780
2021 $792 $12,480 $2,200 $10,280
2020 $792 $12,480 $2,200 $10,280
2019 $753 $11,860 $0 $0
2018 $829 $13,060 $0 $0
2017 $385 $7,120 $0 $0
2016 $426 $7,760 $0 $0
2013 $534 $7,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Ballard

    Seller's Agent in 2023

    Jennifer Ballard

    Bellator Real Estate LLC Mobile

    (251) 391-7227

    4 in this area

    126 Total Sales

    Jennifer Ballard
    Section Image
  • Jeremy Tanner

    Buyer's Agent in 2023

    Jeremy Tanner

    Tanner & Company Real Estate L

    3 in this area

    137 Total Sales

    Jeremy Tanner
    Section Image

  • N

    Seller's Agent in 2018

    Nick Brooks

    RE/MAX Signature Properties

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Map

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

MLS Number: 7186438

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-08-38-4-002-109

Alabama Mobile County Mobile 36609 Greenwich Hills

5000 Ridgedale Rd, Mobile, AL

Not Listed for Sale

Detached

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