502 Forest St Mobile, AL 36611
3
Beds
1
Bath
1,095
Sq Ft
4,743
Sq Ft Lot
Highlights
- View of Trees or Woods
- Cottage
- Carpet
- No HOA
- Front Porch
- Heating Available
About This Home
As of October 2024SELLER WILL PAY CLOSING COSTS!!! MOTIVATED SELLER!!!! BRING AN OFFER!!!!!Investment opportunity!!!!! Also perfect for 1st time home buyer. Charming and affordable home. Do not miss out on this opportunity! 3 bedroom 1 bath with utility room. Easy yard to upkeep. Comes with a storage building. Brand new Air Conditioning and hot water heater. Call your favorite Realtor for a personal viewing today! buyer and buyers agents to verify all information Buyer to verify all information during due diligence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $790
Year Built
- Built in 1987
Lot Details
- 4,743 Sq Ft Lot
- Lot Dimensions are 51 x 93
Home Design
- Cottage
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,095 Sq Ft Home
- 1-Story Property
- Views of Woods
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Convection Oven
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Chickasaw City Elementary School
- Chickasaw Middle School
- Chickasaw City High School
Additional Features
- Front Porch
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22 09 44 0 008 098.xxx
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2024
Closed on
Oct 1, 2024
Sold by
Pierce Michaela Rae
Bought by
Scs Properties Llc
Seller's Agent
Lori Ann Cash
Coldwell Banker Coastal Realty
Buyer's Agent
Renee Slay
Keller Williams AGC Realty-Da
List Price
$119,000
Sold Price
$81,000
Premium/Discount to List
-$38,000
-31.93%
Total Days on Market
76
Views
56
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
$7,381
Avg. Annual Appreciation
8.47%
Purchase Details
Closed on
Jan 7, 2022
Sold by
Reed Property Investments Llc
Bought by
Pierce Michaela Rae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,623
Interest Rate
3.12%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 8, 2019
Sold by
Pridgen Maylean
Bought by
Reed Property Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.4%
Mortgage Type
Unknown
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 | $81,000 | None Listed On Document | |
| Warranty Deed | $76,000 | None Available | |
| Warranty Deed | $29,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $74,623 | FHA | |
| Previous Owner | $68,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $81,000 | -9.0% | $74 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 09/09/2024 09/09/24 | Price Changed | $89,000 | -4.3% | $81 / Sq Ft |
| 08/27/2024 08/27/24 | Price Changed | $93,000 | -6.9% | $85 / Sq Ft |
| 08/13/2024 08/13/24 | Price Changed | $99,900 | -4.8% | $91 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $104,900 | -8.0% | $96 / Sq Ft |
| 07/18/2024 07/18/24 | Price Changed | $114,000 | -4.2% | $104 / Sq Ft |
| 07/08/2024 07/08/24 | For Sale | $119,000 | -- | $109 / 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 | $316 | $6,980 | $780 | $6,200 |
| 2023 | $314 | $6,920 | $790 | $6,130 |
| 2022 | $383 | $7,160 | $1,200 | $5,960 |
| 2021 | $364 | $6,800 | $1,200 | $5,600 |
| 2020 | $378 | $7,060 | $1,040 | $6,020 |
| 2019 | $371 | $6,940 | $1,040 | $5,900 |
| 2018 | $371 | $6,940 | $0 | $0 |
| 2017 | $337 | $6,360 | $0 | $0 |
| 2016 | $359 | $6,780 | $0 | $0 |
| 2013 | $429 | $7,880 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Ann Cash
Seller's Agent in 2024
Lori Ann Cash
Coldwell Banker Coastal Realty
(251) 382-6310
2 in this area
50 Total Sales
-
Jason Cash
Seller Co-Listing Agent in 2024
Jason Cash
Coldwell Banker Coastal Realty
(251) 930-9409
2 in this area
17 Total Sales
-
Renee Slay
Buyer's Agent in 2024
Renee Slay
Keller Williams AGC Realty-Da
(251) 421-6265
1 in this area
40 Total Sales
Map
Source: Baldwin REALTORS®
MLS Number: 364766
APN: 22-09-44-0-008-098
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