NOT LISTED FOR SALE

Estimated Value: $1,751,825 - $2,096,000

5 Beds
6.5 Baths
8,500 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $1,665,000 $196 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,456/month

Highlights

  • In Ground Pool
  • 3.84 Acre Lot
  • Wood Burning Stove
  • Gated Community
  • Colonial Architecture
  • Vaulted Ceiling

About This Home

As of March 2021

One of the South’s finest Greek Revival Mansions, Palmetto Hall - a truly extraordinary property offered for sale! Palmetto Hall, located in the heart of Spring Hill in Mobile, AL dates back to c. 1846. It was built by Charlestonian, John Dawson as a replica of his family home on the Battery in Charleston. The property was given the name Palmetto Hall to pay homage to the state flower of South Carolina. It is on the market for sale for the first time in almost 58 years. Palmetto Hall is an excellent example of antebellum Greek Revival architecture and has been featured in many national publications & in the book, "A Treasury of Great American Houses." The property is over 8500 sq. feet and has 5 bedrooms and 6.5 baths. You enter onto 3.8 acres of property through handsome wrought iron gates on a circular drive leading to the stunning façade with a deep portico with large Tuscan columns below and double porch above with balustrades supported by fluted Doric columns. The ground floor is stucco over masonry and the top floor is wood construction. An impressive entry, a two-story Foyer, is flanked by two sets of Corinthian columns at each end of the Foyer and a sweeping cantilevered staircase with a deeply coved ceiling above bordered by an octagonal shape and exquisitely molded cornice highlighted by a remarkable chandelier. Palmetto Hall has exceptionally spacious rooms, incredible marble mantels throughout, stunning hardwood floors, wonderful friezes & plaster work, amazing millwork, fabulous fitting & hardware, & breathtaking antique chandeliers. The Ballroom which provides a glorious entertaining space could also be used as a downstairs master bedroom (to be a 6th bedroom). A lovely, long loggia with inlaid marble floors connects the Ballroom to the Dining room & Foyer & floods the back of the house with natural light while providing splendid views over the extensive grounds, patio, and pool. In the wood-paneled Living room, the heavily carved overdoors and over mantel millwork date back to c. 1760 with a mantel dating back to c. 1780. The Breakfast room, pantry and kitchen feature cypress paneling and cabinetry with gun storage and flooring from bricks original to the house as well as an impressive circular iron stairwell. The kitchen which has previously been updated has an indoor grill, a gas stovetop, granite counters and a dining space. The ceilings on both floors are expansive. Each of the upstairs bedrooms have an ensuite bath. One has a handsomely paneled sitting room attached. The master bedroom is spacious with a large master bath with a ceiling reminiscent of the shape of the foyer ceiling and Sherle Wagner vintage fixtures. The rear of the property has a wonderful nearly symmetrical façade. Around 1960, New Orleans architect, Myrlin McCullough, helped the owners update the house for modern living and expanded the footprint of the house. Added features of this property include a guest/caretaker’s cottage, fencing, a three- car detached carport with workspace, and an elevator in the main house. The grounds have gorgeous trees and very mature estate sized Camellias and other lovely plantings providing a feeling of calmness and serenity. Palmetto Hall has too many other exquisite details to mention here. This is a very rare opportunity to purchase a grand, historic estate home of historic significance. Don’t let this opportunity slip away!

Last Agent to Sell the Property

Melissa Morrissette

L L B & B, Inc. License #76258 Listed on: 01/06/2021

Last Buyer's Agent

Melissa Morrissette

L L B & B, Inc. License #76258 Listed on: 01/06/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1846

Lot Details

  • 3.84 Acre Lot
  • Lot Dimensions are 263x649x257x644
  • Fenced

Parking

  • Detached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Brick Front
  • Stucco

Interior Spaces

  • 8,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den

Flooring

  • Wood
  • Brick
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Storage
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Margaret Place Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2806144000068

Home Details

Home Type

Single Family

Year Built

Built in 1846

Lot Details

3.84 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: COM AT S SEC/L OF SEC 14 T4S R2W & WEST R/W MCGREGOR AVE TH RUN NLY 851.3 FT ALG E R/W MCGREGOR AVE FOR POB TH RUN W 644.33 FT TH RUN N 256.48 FT TH RUN ELY 645.28 FT TO E R/W OF MCGREGOR AVE TH RUN SLY 262.55 ALG W R/W MCGREGOR AVE BACK TO POB #SEC 14 T4S R2W #MP28 06 14 4 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Resale
  • Year Built: 1846
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Brick, Hardwood, Marble, Stone
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Vaulted, Wet Bar
  • Kitchen Features: Breakfast Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 8500.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Total Bathrooms: 7
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Stucco, Wood Siding
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Storage
  • Pool Features: In Ground
  • Pool Private: Yes
  • Foundation: None

Garage/Parking

  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: MARGARET PLACE

Lot Info

  • Acres: 3.8400
  • Lot Dimensions: 263x649x257x644
  • Parcel Number: 2806144000068
  • Price Acre Dollar: 433593.75
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

MLS Schools

  • Elementary School: Mobile - Other
  • High School: Mobile - Other
  • Middle School: Mobile - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Maisel Elliot B and Maisel Nell W
Bought by
Ph55 Llc
Current Estimated Value
$1,931,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,736,800
Outstanding Balance
$13,592,902
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$11,660,960

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 4, 2021
Sold by
Altmayer Nan H and Regions Bank
Bought by
Maisel Elliot B
Seller's Agent
Melissa Morrissette
L L B & B, Inc.
Buyer's Agent
Melissa Morrissette
L L B & B, Inc.
Sold Price
$1,665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,665,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ph55 Llc $500 None Listed On Document
Ph55 Llc $500 None Listed On Document
Maisel Elliot B -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ph55 Llc $13,736,800
Closed Ph55 Llc $13,736,800
Previous Owner Maisel Elliot B $1,665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $1,665,000 -- $196 / Sq Ft
01/06/2021 01/06/21 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 $30,401 $478,600 $160,000 $318,600
2024 $30,401 $336,200 $160,000 $176,200
2023 $21,359 $348,440 $160,000 $188,440
2022 $21,589 $339,980 $160,000 $179,980
2021 $10,391 $327,280 $160,000 $167,280
2020 $20,565 $323,860 $139,320 $184,540
2019 $20,467 $322,320 $0 $0
2018 $20,594 $324,320 $0 $0
2017 $19,935 $313,940 $0 $0
2016 $9,905 $157,040 $0 $0
2013 $10,099 $159,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 0632551

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-06-14-4-000-068

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