NOT LISTED FOR SALE

5059 Karlan Dr Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $320,000 - $468,000

6 Beds
4.5 Baths
4,000 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $335,000 $84 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,429/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Bonus Room
  • Wood Flooring
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of October 2020

YOUR SEARCH IS OVER!! Are you looking for a spacious home? Look no further!! This amazing property is centrally located close to shopping, schools and the interstate. Features include: 6 bedrooms with 4.5 baths; foyer that opens into dining area; living room with gorgeous custom built-ins and fireplace; kitchen has gas cooktop, plenty of cabinets, breakfast bar and breakfast nook; split bedroom plan with owner's suite and 4 other bedrooms on the first floor and 1 bedroom and office/study/craftroom or possible 7th bedroom on the 2nd floor. Large bonus room with wet bar makes a great space for a gym or theater room. Property has a large backyard and a 2-car garage. Seller has put a lot of money in upgrades which include a newer roof with lifetime dimensional shingles (5/2015), new light fixtures, new carpets, fresh paint, new hardware and more. An opportunity like this doesn’t come very often so don’t wait to schedule your tour today!! Buyer/buyer's agent to verify all pertinent information.

Last Agent to Sell the Property

Joselyne Ridings

Ridings Realty Gulf Coast License #106672 Listed on: 09/21/2020

Last Buyer's Agent

Charlene Wiley

Berkshire Hathaway Cooper & Co License #61353

Berkshire Hathaway Cooper & Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1996

Lot Details

  • 0.65 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Brick Front
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Schambeau Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302034002066

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 3 RESUBD OF LOT 6 HIGHCREST UNIT 3 MBK 53/9 #SEC 03 T5S R2W #MP33 02 03 4 002
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Brick, Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s), Wet Bar
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4000.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Stucco
  • Roof Type: Ridge Vents
  • Patio And Porch Features: Front Porch, Rear Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: SCHAMBEAU PLACE

Lot Info

  • Acres: 0.6500
  • Lot Features: Cul-De-Sac
  • Parcel Number: 3302034002066
  • Price Acre Dollar: 515384.62
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 33-02-03-4-002-066.
  • Close Date: 2020-10-30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 30, 2020
Sold by
Shade Tera B
Bought by
Osiyoku Oluseyi and Osiyoku Moniqua
Seller's Agent
Joselyne Ridings
Ridings Realty Gulf Coast
Buyer's Agent
Charlene Wiley
Berkshire Hathaway Cooper & Co
Sold Price
$335,000
Current Estimated Value
$420,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,601
Avg. Annual Appreciation
4.31%
Original Mortgage
$328,932
Outstanding Balance
$295,854
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$116,336

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 28, 2020
Sold by
Shade Richard R and Shade Tera B
Bought by
Shade Tera B
Seller's Agent
Joselyne Ridings
Ridings Realty Gulf Coast
Buyer's Agent
Charlene Wiley
Berkshire Hathaway Cooper & Co
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Outstanding Balance
$295,854
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$116,336

Purchase Details

Closed on
Sep 22, 1998
Sold by
Allen Meeks Kirk and Allen Deborah
Bought by
Shades Richard R and Shades Tera B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.96%
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
Osiyoku Oluseyi $335,000 None Available
Shade Tera B $167,500 None Available
Shades Richard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osiyoku Oluseyi $328,932
Previous Owner Shades Richard R $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $335,000 -- $84 / Sq Ft
09/21/2020 09/21/20 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
2024 $2,497 $40,220 $2,500 $37,720
2023 $2,309 $37,240 $2,750 $34,490
2022 $2,074 $33,710 $2,750 $30,960
2021 $1,555 $25,540 $2,200 $23,340
2019 $1,627 $26,680 $1,600 $25,080
2018 $1,648 $27,000 $0 $0
2017 $1,627 $26,680 $0 $0
2016 $1,668 $27,320 $0 $0
2013 $1,536 $24,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joselyne Ridings

    Seller's Agent in 2020

    Joselyne Ridings

    Ridings Realty Gulf Coast

    (251) 518-4919

    1 in this area

    138 Total Sales

    Joselyne Ridings
    Section Image

  • C

    Buyer's Agent in 2020

    Charlene Wiley

    Berkshire Hathaway Cooper & Co

    (251) 510-5926

    1 in this area

    28 Total Sales

    Charlene Wiley
    Section Image
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Map

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

MLS Number: 0642523

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-03-4-002-066

Alabama Mobile County Mobile 36693 Terrace Hills

5059 Karlan Dr, Mobile, AL

This home is located at 5059 Karlan Dr, Mobile, AL 36693 since 21 September 2020 and is currently estimated at $420,601, approximately $105 per square foot. This property was built in 1996. 5059 Karlan Dr is a home located in Mobile County with nearby schools including Olive J. Dodge Elementary School, Burns Middle School, and WP Davidson 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.

Gulf Coast MLS (Mobile Area Association of 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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