NOT LISTED FOR SALE

5500 William And Mary St Mobile, AL 36608

Parkhill Neighborhood

Estimated Value: $224,000 - $258,000

4 Beds
2 Baths
1,848 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $148,000 $80 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,458/month

Highlights

  • Gated Community
  • Wood Flooring
  • Breakfast Room
  • Traditional Architecture
  • Corner Lot
  • Rear Porch

About This Home

As of April 2021

PERFECT LOCATION! This 4 bedroom, 2 full bath home located in University Park is directly across from the University of South Alabama. The home is located on a .4 acre corner lot with plenty of space for outdoor activities. This property is perfect for anyone who enjoys the convenience of shopping, dining and quick access most major roads in the city as well as an investor looking for a rental property in a high priority area.

Home is currently leased until August, 2021, at $1,250 per month with a $600 a month rental income. Buyer can continue to collect rental income and choose to continue to use as a rental property or a primary residence.

Listing company make no representation as to accuracy of square footage; buyer to verify.

Last Agent to Sell the Property

Davida Wright-Williams

IXL Real Estate-Eastern Shore License #116262 Listed on: 02/20/2021

IXL Real Estate-Eastern Shore

Last Buyer's Agent

Hanh Hua

Bellator Real Estate, LLC License #113813

Bellator Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,249

Lot Details

  • 0.4 Acre Lot
  • Corner Lot

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Brick Front

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Breakfast Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rear Porch

Schools

  • Mary B Austin Elementary School
  • Cl Scarborough Middle School
  • Mattie T Blount High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • University Park Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2805153001082

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,249

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 11 UNIVERSITY PARK SUB DIV FOURTH UNIT MBK 18 P 57 #SEC 15 T4S R2W #MP28 05 15 3 001
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Kitchen Features: Breakfast Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1848.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Ridge Vents
  • Patio And Porch Features: Patio, Rear Porch
  • Exterior Features: Storage
  • Foundation: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: UNIVERSITY PARK

Schools

  • Elementary School: Mary B Austin
  • Middle School: CL Scarborough
  • High School: Mattie T Blount

Lot Info

  • Acres: 0.4000
  • Lot Features: Corner Lot
  • Parcel Number: 2805153001082
  • Price Acre Dollar: 370000.00
  • 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: 28-05-15-3-001-082.
  • Close Date: 2021-04-01

MLS Schools

  • Elementary School: Mary B Austin
  • High School: Mattie T Blount
  • Middle School: CL Scarborough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 31, 2021
Sold by
Butler Carl and Butler Laura C
Bought by
Yeh Selwyn
Seller's Agent
Davida Wright-Williams
IXL Real Estate-Eastern Shore
Buyer's Agent
Hanh Hua
Bellator Real Estate, LLC
Sold Price
$148,000
Current Estimated Value
$233,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,268
Avg. Annual Appreciation
8.82%
Original Mortgage
$111,000
Outstanding Balance
$101,660
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$112,870

Purchase Details

Closed on
Jul 31, 2003
Sold by
Novak Scott L and Novak Lorraine O
Bought by
Butler Carl and Butler Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,455
Interest Rate
5.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yeh Selwyn $148,000 None Available
Butler Carl $100,000 Surety Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeh Selwyn $111,000
Previous Owner Butler Carl $90,811
Previous Owner Butler Laura C $92,000
Previous Owner Butler Carl $28,000
Previous Owner Butler Carl $25,000
Previous Owner Butler Carl $98,455
Previous Owner Novak Lorraine $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $148,000 +11740.0% $80 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
08/01/2016 08/01/16 Rented $1,250 -- --
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 $2,249 $35,260 $5,000 $30,260
2023 $2,249 $31,840 $5,000 $26,840
2022 $1,812 $28,540 $5,000 $23,540
2021 $1,433 $22,560 $5,000 $17,560
2020 $1,433 $22,560 $5,000 $17,560
2019 $1,425 $22,440 $5,000 $17,440
2018 $615 $10,740 $0 $0
2017 $647 $11,240 $0 $0
2016 $623 $10,860 $0 $0
2013 $633 $10,500 $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: 0648971

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-05-15-3-001-082