NOT LISTED FOR SALE

5509 Malcolm Dr Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $214,381 - $239,000

3 Beds
2 Baths
1,773 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $139,900 $79 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,251/month

Highlights

  • Gated Community
  • Wood Burning Stove
  • 1 Fireplace
  • View of Trees or Woods
  • Contemporary Architecture
  • L-Shaped Dining Room

About This Home

As of June 2018

One of the most desirable areas in Mobile. Homes like this rarely come available, so don't miss it. 3 bedroom, 2 bath, single story on a 1/2 acre lot with gorgeous trees and move in ready! Great appliances, fresh paint throughout, white cabinets, granite counter tops. Huge dining area that is great for entertaining. 2 car garage, screened in porch with a view of your lovely trees. Contact your favorite real estate agent today.

Last Agent to Sell the Property

Lisa Granger

Real Broker LLC License #112037 Listed on: 06/08/2018

Real Broker LLC

Last Buyer's Agent

Justin Wilhelmy

IXL Real Estate LLC License #87698

IXL Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 163'x143'

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Cottage
  • Wood Siding
  • Brick Front

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • L-Shaped Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Screened Porch
  • Views of Woods
  • Eat-In Kitchen

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Olive J Dodge Elementary School
  • Burns Middle School
  • Wp Davidson High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Vayu Heights Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 3302033001016

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 14 VAYU HGTS REC IN MBK 6 PGS 208-210 #SEC 03 T5S R2W #MP33 02 03 3 001
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Cottage
  • Property Condition: Resale
  • Year Built: 1976
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Room, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Dining L, Separate Dining Room
  • Square Footage: 1773.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Wood Siding
  • Patio And Porch Features: Patio, Rear Porch, Screened
  • Exterior Features: Storage
  • View: Trees/Woods
  • Foundation: None

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: VAYU HEIGHTS

Lot Info

  • Acres: 0.5300
  • Lot Dimensions: 163'x143'
  • Parcel Number: 3302033001016
  • Price Acre Dollar: 263962.26
  • 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: Olive J Dodge
  • High School: WP Davidson
  • Middle School: Burns

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 29, 2018
Sold by
Baker Stuart M and Baker Rebekah Jennifer
Bought by
Polk Dana M
Seller's Agent
Lisa Granger
Real Broker LLC
Buyer's Agent
Justin Wilhelmy
IXL Real Estate LLC
Sold Price
$139,900
Current Estimated Value
$223,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,195
Avg. Annual Appreciation
6.40%
Original Mortgage
$132,905
Outstanding Balance
$114,717
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$108,378

Purchase Details

Listed on
Jun 21, 2012
Closed on
Aug 9, 2012
Sold by
Mclaughlin Michael Thomas and Mclaughlin Dawn C
Bought by
Baker Stuart M
Seller's Agent
Carol Lersch
Regency Associates
Buyer's Agent
Michael Meatyard
Roberts Brothers West
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$117,727
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2005
Sold by
Roberts Lawrence E
Bought by
Mclaughlin Michael Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,120
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Citicorp Trust Bank Fsb
Bought by
Roberts Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2004
Sold by
Adams Charlie L and Adams Gwendolyn F
Bought by
Citicorp Trust Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.62%
Mortgage Type
Construction
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
Polk Dana M $139,900 None Available
Baker Stuart M $119,900 None Available
Mclaughlin Michael Thomas $119,120 --
Roberts Lawrence E $89,900 Surety Land Title Inc
Citicorp Trust Bank Fsb $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polk Dana M $132,905
Previous Owner Baker Stuart M $117,727
Previous Owner Mclaughlin Michael Thomas $95,120
Previous Owner Roberts Lawrence E $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $139,900 +16.7% $79 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
08/09/2012 08/09/12 Sold $119,900 -- $68 / Sq Ft View Prior Sale
06/21/2012 06/21/12 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
2025 $1,026 $17,040 $3,000 $14,040
2024 $1,026 $16,200 $2,500 $13,700
2023 $973 $15,100 $2,750 $12,350
2022 $807 $13,730 $2,750 $10,980
2021 $783 $13,370 $2,200 $11,170
2020 $764 $13,070 $2,000 $11,070
2019 $803 $13,680 $2,000 $11,680
2018 $699 $12,060 $0 $0
2017 $699 $12,060 $0 $0
2016 $1,568 $24,700 $0 $0
2013 $805 $13,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Granger

    Seller's Agent in 2018

    Lisa Granger

    Real Broker LLC

    (251) 454-1170

    1 in this area

    244 Total Sales

    Lisa Granger
    Section Image
  • Justin Wilhelmy

    Buyer's Agent in 2018

    Justin Wilhelmy

    IXL Real Estate LLC

    (251) 656-1581

    96 Total Sales

    Justin Wilhelmy
    Section Image
  • Carol Lersch

    Seller's Agent in 2012

    Carol Lersch

    Regency Associates

    (251) 472-5616

    1 in this area

    28 Total Sales

    Carol Lersch
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Meatyard

    Roberts Brothers West

See All Agents

Map

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

MLS Number: 0614997

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-03-3-001-016

Alabama Mobile County Mobile 36693 Terrace Hills

5509 Malcolm Dr, Mobile, AL

Not Listed for Sale

Detached

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