$95,000
SOLD JUN 11, 2018

5401 Malcolm Dr Mobile, AL 36693

Terrace Hills Neighborhood
3 Beds
2 Baths
2,391 Sq Ft
1.1 Acres

Recently Sold

$40 Per Sq Ft

Highlights

  • Gated Community
  • Ranch Style House
  • Separate Outdoor Workshop
  • 1.1 Acre Lot
  • Formal Dining Room
  • 2-minute walk to Laun Park

About This Home

As of January 2019

Almost 2400 sq ft 3/2 on two lots totaling over 1.1 acre. In addition to the 3/2 there are other rooms for sewing , storage and crafts. Workshop and greenhouse is connected to house plus there is another storage building on lot. The entire acreage is fenced. The back of the lot is arranged with shrubbery and trees with areas mowed and foot paths throughout. The double garage is very oversized. The inside needs some updating but the result could be an amazing value. Come see for yourself!

Last Agent to Sell the Property

Wayne Haney

Haney-McDonald Realty, Inc License #51493 Listed on: 06/03/2018

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

  • $1,004

Year Built

  • Built in 1955

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Front

Interior Spaces

  • 2,391 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rear Porch

Additional Features

  • 1.1 Acre Lot
  • Central Heating and Cooling System

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: Ranch
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2391.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Brick Front
  • Patio And Porch Features: Rear Porch
  • Exterior Features: Storage
  • Foundation: None

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: VAYU HEIGHTS

Lot Info

  • Acres: 1.1000
  • Parcel Number: 3302033001024
  • Price Acre Dollar: 86363.64
  • 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: 2018-06-11

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 Type Sale Price Title Company
Warranty Deed $95,000 None Available
Warranty Deed $19,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Closed $135,000 Purchase Money Mortgage
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: 0614977

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 and is currently priced at $95,000, approximately $39 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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