NOT LISTED FOR SALE

5504 Malcolm Dr Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $122,062 - $151,000

2 Beds
1 Bath
1,162 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $68,000 $59 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $806/month

Highlights

  • Open-Concept Dining Room
  • Cottage
  • Detached Garage
  • Wood Flooring
  • Separate Outdoor Workshop
  • Front Porch

About This Home

As of November 2020

VERY CUTE UPDATED HOME IN THE COTTAGE HILL AREA! Features include new gray & white paint, refinished hardwood floors, open floor plan, new central HVAC in 2019, large private deck, lots of countertop space and cabinets, storage building, single carport, large lot and more. NO SMOKERS. Pets may be negotiable. Call listing agent to pre-qualify. Possession 1 to 15 days

Last Agent to Rent the Property

Megen Dees

Paul Carter Agency License #117902 Listed on: 11/20/2020

Last Renter's Agent

Megen Dees

Paul Carter Agency License #117902 Listed on: 11/20/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 1

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Open-Concept Dining Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • 1 Carport Space

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage
  • Front Porch

Schools

  • Olive J Dodge Elementary School
  • Burns Middle School
  • Murphy High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • Vayu Heights Subdivision

Listing and Financial Details

  • Security Deposit $950
  • 12 Month Lease Term
  • Assessor Parcel Number 3302033001009

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Deposit: 950
  • Lease Term: 12 Months
  • Pets Allowed: Call

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 8 VAYU HEIGHTS MBK 6 P 208-210 #SEC 03 T5S R2W #MP33 02 03 3 001
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1950
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Appliances: Dishwasher, Electric Range
  • Common Walls: No Common Walls
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 1162.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Rear Porch
  • Exterior Features: Storage
  • Pool Private: No

Garage/Parking

  • Number of Carport Spaces: 1
  • Parking Features: Carport, Detached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Underground Utilities

Condo/Co-op/Association

  • Management: Owner Managed
  • Subdivision Complex: VAYU HEIGHTS

Lot Info

  • Parcel Number: 3302033001009
  • Property Attached Yn: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Sep 23, 2020
Sold by
Vaughn Kimberly A
Bought by
Rhyne Melissa
Seller's Agent
Megen Dees
Paul Carter Agency
Buyer's Agent
Megen Dees
Paul Carter Agency
Sold Price
$950
Current Estimated Value
$137,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,066
Avg. Annual Appreciation
14.16%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Vaughn Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,475
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 4, 2010
Sold by
Rivas Robin D and Hodges Fara E
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 31, 2007
Sold by
Martinez John and Martinez Helma M
Bought by
Rivas Robin D and Hodges Fara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,470
Interest Rate
6.7%
Mortgage Type
FHA
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
Rhyne Melissa $68,000 Atc
Vaughn Kimberly A $51,300 None Available
Secretary Of Housing & Urban Development -- None Available
Mortgage Electronic Registration Systems $101,301 None Available
Rivas Robin D $99,000 Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Kimberly A $38,475
Previous Owner Rivas Robin D $97,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Rented $950 0.0% --
09/23/2020 09/23/20 Sold $68,000 +8966.7% $59 / Sq Ft View Prior Sale
07/25/2020 07/25/20 Pending -- -- --
06/10/2013 06/10/13 Rented $750 -- --
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
2025 $1,166 $18,300 $6,000 $12,300
2024 $1,166 $17,020 $5,000 $12,020
2023 $1,033 $16,260 $5,500 $10,760
2022 $925 $14,560 $5,500 $9,060
2021 $848 $13,360 $4,400 $8,960
2020 $812 $12,780 $4,000 $8,780
2019 $784 $12,340 $0 $0
2018 $784 $12,340 $0 $0
2017 $784 $12,340 $0 $0
2016 $810 $12,760 $0 $0
2013 $767 $11,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Taylor Guy

    eXp Realty Southern Branch

  • M

    Landlord's Agent in 2020

    Megen Dees

    Paul Carter Agency

  • B

    Seller Co-Listing Agent in 2020

    Braden Guy

    Exit Realty Lyon & Associates

  • John Reeves

    Seller's Agent in 2013

    John Reeves

    Reeves Rentals

    (251) 661-4925

    57 Total Sales

    John Reeves
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Map

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

MLS Number: 0646498

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-03-3-001-009

Alabama Mobile County Mobile 36693 Terrace Hills

5504 Malcolm Dr, Mobile, AL

Not Listed for Sale

Detached

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