NOT LISTED FOR SALE

509 Monroe St Mobile, AL 36602

Downtown Mobile Neighborhood

Estimated Value: $248,682 - $372,000

2 Beds
2 Baths
1,622 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 509 Monroe St, Mobile, AL 36602 and is currently estimated at $320,671, approximately $197 per square foot. 509 Monroe St is a home located in Mobile County with nearby schools including Florence Howard Elementary School, Calloway Smith Middle School, and Murphy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2015
Sold by
Faulkner Charles R and Faulkner Lori A
Bought by
Williams Franklin D and Williams Linda B
Current Estimated Value
$320,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,550
Outstanding Balance
$149,820
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$166,454

Purchase Details

Closed on
May 30, 2003
Sold by
Williams Ronald Mark and Williams Elsa
Bought by
Faulkner Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1998
Sold by
Pharr Norman Michael and Christian William Banks
Bought by
Broadway Eddy Darron and Vonsullivan Stacy Von

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,658
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Williams Franklin D $195,355 None Available
Faulkner Charles R -- Surety Land Title Inc
Broadway Eddy Darron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Franklin D $185,550
Previous Owner Faulkner Charles $135,000
Previous Owner Faulkner Charles R $159,152
Previous Owner Faulkner Charles R $152,100
Previous Owner Broadway Eddy Darron $111,658
Closed Faulkner Charles R $6,000
Source: Public Records

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 $791 $14,410 $2,010 $12,400
2023 $791 $14,250 $2,410 $11,840
2022 $791 $14,590 $2,410 $12,180
2021 $801 $14,760 $2,410 $12,350
2020 $821 $15,100 $2,410 $12,690
2019 $818 $13,940 $0 $0
2018 $830 $14,120 $0 $0
2017 $869 $14,740 $0 $0
2016 $1,063 $17,800 $0 $0
2013 -- $16,760 $0 $0
Source: Public Records

Map

Alabama Mobile County Mobile 36602 Downtown Mobile

509 Monroe St, Mobile, AL

This home is located at 509 Monroe St, Mobile, AL 36602 and is currently estimated at $320,671, approximately $197 per square foot. 509 Monroe St is a home located in Mobile County with nearby schools including Florence Howard Elementary School, Calloway Smith 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.

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