NOT LISTED FOR SALE

5348 Nate Dr Unit 40 Wilmer, AL 36587

Outer Semmes Neighborhood

Estimated Value: $28,166 - $194,000

0.74 Acres
$150,112 Price per Acre
32,234 Sq Ft Lot

Last Sold May 26, 2017

Last sale price $10,000

Est. 1,011% increase in value since last sale

Current estimated payment $590/month

About This Lot

As of May 2017

0.74 acre mobile home lot with city water, power pole, and septic tank - all on a private paved dead end road. Seller is working on removal of mobile home. This lot is a foreclosure with a one year right of redemption.

Last Agent to Sell the Property

Alan Cooper

Berkshire Hathaway Cooper & Co License #24638 Listed on: 05/19/2017

Berkshire Hathaway Cooper & Co

Property Details

Property Type

  • Land

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 178x269x86x250
  • Property fronts a private road
  • Unincorporated Location
  • Level Lot
  • Wooded Lot
  • Property is zoned R1

Schools

  • Wilmer Elementary School
  • Semmes Middle School
  • Mary G Montgomery High School

Community Details

  • Waltman Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2403080000010090

Property Details

Property Type

Land

Lot Details

0.74 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 40 WALTMAN ESTS MBK 77/93 #SEC 08 T3S R3W #MP24 03 08 0 000
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Min House S Q F T: 1200.00
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • Pool Private: No

Condo/Co-op/Association

  • Subdivision Complex: WALTMAN ESTATES

Lot Info

  • Acres: 0.7400
  • Possible Use: Mobile Home, Residential
  • Current Zoning: R1
  • Current Use: Manufactured Home, Residential
  • Lot Features: Level, Unincorporated, Wooded
  • Lot Dimensions: 178X269X86X250
  • Parcel Number: 2403080000010090
  • Price Acre Dollar: 13513.51
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 168.00

MLS Schools

  • Elementary School: Wilmer
  • High School: Mary G Montgomery
  • Middle School: Semmes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2017
Sold by
Smith Gerald P
Bought by
Neal Margarita and Galvan Maria A
Current Estimated Value
$111,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$12,432
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Estimated Equity
$98,651

Purchase Details

Closed on
Feb 8, 2017
Sold by
Hendrieth Kerry L and Hendrieth Kimberly S
Bought by
Fred Smith & Associates Inc

Purchase Details

Listed on
Aug 29, 2014
Closed on
Sep 30, 2014
Sold by
Fred Smith & Associates Inc
Bought by
Hendrieth Kerry L and Hendrieth Kimberly S
Seller's Agent
Alan Cooper
Berkshire Hathaway Cooper & Co
Buyer's Agent
Gloria Finch
Berkshire Hathaway Cooper & Co
Sold Price
$12,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.98%

Purchase Details

Closed on
Apr 24, 2013
Sold by
Flint James L and Flint Dorothy M
Bought by
Fred Smith & Associates Inc

Purchase Details

Closed on
Jun 18, 2002
Sold by
Flint James L and Flint Dorothy M
Bought by
Flint Dorothy M

Purchase Details

Closed on
Jan 11, 1999
Sold by
Fred Smith & Associates Inc
Bought by
Flint James L and Flint Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
13%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neal Margarita $18,000 None Available
Fred Smith & Associates Inc $11,338 None Available
Hendrieth Kerry L $12,500 None Available
Fred Smith & Associates Inc $4,859 None Available
Flint Dorothy M -- --
Flint James L $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Margarita $15,000
Previous Owner Flint James L $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2017 05/26/17 Sold $10,000 -20.0% --
05/19/2017 05/19/17 Pending -- -- --
09/30/2014 09/30/14 Sold $12,500 -- -- View Prior Sale
08/29/2014 08/29/14 Pending -- -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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 $146 $3,000 $3,000 $0
2024 $146 $3,000 $3,000 $0
2023 $146 $2,240 $2,240 $0
2022 $104 $2,140 $2,140 $0
2021 $87 $1,800 $1,800 $0
2020 $87 $1,800 $1,800 $0
2019 $107 $2,200 $2,200 $0
2018 $107 $2,200 $0 $0
2017 $107 $2,200 $0 $0
2016 $107 $2,200 $0 $0
2013 -- $4,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alan Cooper

    Berkshire Hathaway Cooper & Co

    (251) 404-4122

    1 in this area

    36 Total Sales

    Alan Cooper
    Section Image
  • Gloria Finch

    Buyer's Agent in 2014

    Gloria Finch

    Berkshire Hathaway Cooper & Co

    (251) 623-0508

    14 Total Sales

    Gloria Finch
    Section Image
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Map

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

MLS Number: 0542685

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 24-03-08-0-000-010.090

Alabama Mobile County Wilmer 36587 Outer Semmes

5348 Nate Dr Unit 40, Wilmer, AL

Not Listed for Sale

Lots

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