NOT LISTED FOR SALE

5401 Malcolm Dr Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $192,389 - $248,000

3 Beds
2 Baths
2,391 Sq Ft
$95/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $146,000 $61 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,345/month

Highlights

  • Gated Community
  • Wood Flooring
  • Cottage
  • 1.1 Acre Lot
  • Corner Lot
  • 2-minute walk to Laun Park

About This Home

As of January 2019

***The Sellers will entertain offers between $150,000-$170,000. List price equals the combined upper and lower value ranges.*** See this cute cottage in the heart of Cottage Hill. Lots of updates throughout the home including all new stainless appliances in the kitchen with beautiful granite tops, with subway tile back splash, new lighting fixtures throughout and new fixtures in both bathrooms. Large laundry with overhead cabinets. The master suite has its own bath and large walk-in closet. Kitchen also has over-sized pantry. The beautiful over 1 acre lot is covered in azaleas, camellias and fruit trees and offers lots of privacy. If you are a gardener there are 2 storage sheds for all of your tools. This is a great mid-century home that your clients will love.

Last Agent to Sell the Property

Charlene Wiley

Berkshire Hathaway Cooper & Co License #61353 Listed on: 12/31/2018

Berkshire Hathaway Cooper & Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1955

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 155 x 333 x 152 x 242 x 7
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Brick Front

Interior Spaces

  • 2,391 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Den
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Front Porch

Schools

  • Olive J Dodge Elementary School
  • Murphy High School

Utilities

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

Community Details

  • Vayu Heights Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 3302033001024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOTS 22 & 23 VAYU HGTS MBK 6 PG 208 SECT 3 T5S R5W #SEC 3 T4S R2W #MP33 02 03 3 001
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2391.00
  • Spa Features: None
  • Window Features: Storm Window(s)

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick Front
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Storage
  • Foundation: None

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: VAYU HEIGHTS

Schools

  • Elementary School: Olive J Dodge
  • High School: Murphy

Lot Info

  • Acres: 1.1000
  • Lot Features: Corner Lot
  • Lot Dimensions: 155 x 333 x 152 x 242 x 7
  • Parcel Number: 3302033001024
  • Price Acre Dollar: 132727.27
  • 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: 33-02-03-3-001-024.
  • Close Date: 2019-01-03

MLS Schools

  • Elementary School: Olive J Dodge
  • High School: Murphy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2018
Closed on
Jun 11, 2018
Sold by
Horton Charles Terry
Bought by
Chastang Jermaine
Seller's Agent
Wayne Haney
Haney-McDonald Realty, Inc
Buyer's Agent
Charlene Wiley
Berkshire Hathaway Cooper & Co
Sold Price
$95,000
Current Estimated Value
$226,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,347
Avg. Annual Appreciation
12.82%
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2017
Sold by
Horton Mary and Horton Charles
Bought by
Horton Charles Terry
Source: Public Records

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Range of Values:

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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
Chastang Jermaine $95,000 None Available
Horton Charles Terry $19,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Patrick N $130,000
Closed Chastang Jermaine $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $146,000 +53.7% $61 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
06/11/2018 06/11/18 Sold $95,000 -- $40 / Sq Ft
06/03/2018 06/03/18 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
2024 $1,004 $31,280 $5,000 $26,280
2023 $1,004 $29,060 $5,500 $23,560
2022 $716 $13,250 $2,750 $10,500
2021 $677 $12,590 $2,200 $10,390
2020 $653 $12,160 $2,000 $10,160
2019 $1,634 $25,740 $4,000 $21,740
2018 $1,985 $31,260 $0 $0
2017 $0 $15,640 $0 $0
2016 -- $15,980 $0 $0
2013 -- $15,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Charlene Wiley

    Berkshire Hathaway Cooper & Co

    (251) 510-5926

    1 in this area

    29 Total Sales

    Charlene Wiley
    Section Image

  • W

    Seller's Agent in 2018

    Wayne Haney

    Haney-McDonald Realty, Inc

    (251) 709-4652

    24 Total Sales

    Wayne Haney
    Section Image
See All Agents

Map

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

MLS Number: 0617609

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-03-3-001-024

Alabama Mobile County Mobile 36693 Terrace Hills

5401 Malcolm Dr, Mobile, AL

This home is located at 5401 Malcolm Dr, Mobile, AL 36693 since 31 December 2018 and is currently estimated at $226,347, approximately $94 per square foot. This property was built in 1955. 5401 Malcolm Dr is a home located in Mobile County with nearby schools including Olive J. Dodge Elementary School, Burns 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.

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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