NOT LISTED FOR SALE

551 Lakeview Dr W Unit 1 Mobile, AL 36695

Sheldon Neighborhood

Estimated Value: $280,000 - $349,000

3 Beds
2.5 Baths
2,117 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $104,500 $49 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,755/month

Highlights

  • 85 Feet of Waterfront
  • Deck
  • Vaulted Ceiling
  • Bernice J Causey Middle School Rated 9+
  • Wood Burning Stove
  • Ranch Style House

About This Home

As of December 2017

Rare opportunity to own a waterfront home in one of West Mobile's most desirable neighborhoods. Large 3 bed 2 bath home with 85 feet of waterfront on the lake. This unique home has three levels. Upstairs is a large bonus room. Main floor is the living area and downstairs is the garage and several rooms that could be used as office/storage or a man cave.. Close to hospital, restaurants, and shopping.

Last Agent to Sell the Property

Ryan Cummings

eXp The Cummings Company LLC License #95548-1 Listed on: 10/30/2017

eXp The Cummings Company LLC

Co-Listed By

Kelly Cummings

eXp The Cummings Company LLC License #81529

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 85 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 2,117 Sq Ft Home
  • Vaulted Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Formal Dining Room
  • Water Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck

Schools

  • Elsie Collier Elementary School
  • Bernice J Causey Middle School
  • Baker High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Lakeview West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2804194002051

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: ALL OF LOT 31 REVISED PLAT 2ND UNIT LAKEVIEW W S/D & THAT PORTION OF LOT 32 DESC AS FOLL: COM AT NW COR OF LOT 32 REVISED PLAT 2ND UNIT LAKEVIEW W S/D AS PER PLAT IN MBK 28/79 TH RUN N 63 DEG 31' E ALG THE DIV/L OF LOT 31 & 32 OF SD S/D PPTY HEREIN DESC TH RUN S 26 DEG E 29' E 3.0 FT TO A PT TH RUN N 63 DEG 31' E 38.0 FT TO A PT TH RUN N 26 DEG 29' W 3.0 FT TO A PT TH RUN S 63 DEG 31' W ALG SD DIV/L 38.0 FT TO THE POB BOTH PCLS BEING LOC IN 2ND UNIT LAKEVIEW W S/D ACCD TO #MP28 04 19 4 002
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1987
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Interior Amenities: Vaulted, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2117.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1

Exterior Features

  • Waterfront Frontage: 85
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Deck
  • View: Water
  • Foundation: None

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: LAKEVIEW WEST

Lot Info

  • Lot Features: Cul-De-Sac
  • Parcel Number: 2804194002051
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • Elementary School: Elsie Collier
  • High School: Baker
  • Middle School: Bernice J Causey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Bealer Whitney G and Ferguson Whitney G
Bought by
Ferguson Michael H
Current Estimated Value
$315,784

Purchase Details

Closed on
Mar 29, 2019
Sold by
Sahyouni Mouayad and Alsheikh Muhannad
Bought by
Ferguson Michel H and Ferguson Whitney G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,689
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Listed on
Oct 30, 2017
Closed on
Nov 20, 2017
Sold by
Finance Of America Reverse Llc
Bought by
Sahyouni Mouayad and Alsheikh Muhannad
Seller's Agent
Ryan Cummings
eXp The Cummings Company LLC
Sold Price
$104,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Williams Douglas E and Williams Judith R
Bought by
Finance Of America Reverse Llc

Purchase Details

Closed on
Jan 20, 2011
Sold by
Culwell Sherlyn Joe Estes
Bought by
Williams Douglas E and Williams Judith R

Purchase Details

Closed on
Jun 27, 2008
Sold by
Culwell Sherlyn Joe Estes
Bought by
Culwell Sherlyn Joe Estes
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
Ferguson Michael H $123,000 None Listed On Document
Ferguson Michel H $233,000 Associated Title Company
Sahyouni Mouayad $104,500 None Available
Finance Of America Reverse Llc $167,068 Red Mountain Title Llc
Williams Douglas E $157,500 None Available
Culwell Sherlyn Joe Estes -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Michael H $241,892
Previous Owner Ferguson Michel H $240,689
Previous Owner Williams Douglas E $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $104,500 -- $49 / Sq Ft
10/30/2017 10/30/17 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 $1,137 $24,070 $3,200 $20,870
2023 $1,111 $19,370 $2,800 $16,570
2022 $865 $19,210 $2,800 $16,410
2021 $865 $19,200 $3,500 $15,700
2020 $885 $19,610 $3,500 $16,110
2019 $1,715 $17,680 $3,500 $14,180
2018 $1,760 $36,280 $0 $0
2017 $1,815 $37,420 $0 $0
2016 -- $19,300 $0 $0
2013 $958 $20,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cummings

    Seller's Agent in 2017

    Ryan Cummings

    eXp The Cummings Company LLC

    (251) 463-1615

    45 Total Sales

    Ryan Cummings
    Section Image
  • Kelly Cummings

    Seller Co-Listing Agent in 2017

    Kelly Cummings

    eXp The Cummings Company LLC

    (251) 331-9300

    2 in this area

    323 Total Sales

    Kelly Cummings
    Section Image
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Map

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

MLS Number: 0536177

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-04-19-4-002-051

Alabama Mobile County Mobile 36695 Sheldon

551 Lakeview Dr W Unit 1, Mobile, AL

Not Listed for Sale

Detached

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