NOT LISTED FOR SALE

5608 Cottage Hill Rd Unit 114 Mobile, AL 36609

Malibar Heights Neighborhood

Estimated Value: $113,000 - $123,000

2 Beds
2 Baths
879 Sq Ft
$135/mo HOA Fee

Last Sold July 09, 2019

Last sale price $72,000 $82 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $823/month

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Breakfast Room
  • Vaulted Ceiling
  • Corner Lot
  • Side Porch

About This Home

As of July 2019

Beautiful Move-In ready condo! Perfect for a first time homeowner or investor. This home has all new care free floors, counter tops, stainless steel appliances, and has been freshly painted. The unit is privately nestled in a quiet area of the complex and overlooks gorgeous green lawns and wooded area. This condo also has new lighting fixtures and boasts an open concept living, dining, and kitchen area. Each bedroom has a full bath and spacious closets. Outside you'll find a private storage room and a relaxing patio. It's conveniently located close to shopping, schools and interstate. If carefree easy living is what you need, this move-in ready condo is the place for you.

Last Agent to Sell the Property

Kim Studdard

Berkshire Hathaway Cooper & Co License #112109 Listed on: 05/15/2019

Berkshire Hathaway Cooper & Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $546

Year Built

  • Built in 1984

Lot Details

  • Two or More Common Walls

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Breakfast Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Side Porch

Schools

  • Olive J Dodge Elementary School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Mid-Rise Condominium
  • Cottage Green Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302032001014028

Property Details

Home Type

Condominium

Est. Annual Taxes

$546

Year Built

Built in 1984

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: UNIT 114 COTTAGE GREEN CONDO AOB 34/1 UNDIV INT IN COMMON ELEMENTS #SEC 03 T5S R2W #MP33 02 03 2 001
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 1984
  • Levels Stories: One
  • Number Of Units To Be Built: 1
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Vinyl
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Interior Amenities: Vaulted
  • Kitchen Features: Breakfast Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 879.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Patio, Side Porch
  • Exterior Features: Storage
  • Foundation: None

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 135
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: COTTAGE GREEN CONDO

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Olive J Dodge

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 3302032001014028
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 33-02-03-2-001-014.028
  • Close Date: 2019-07-09

MLS Schools

  • Elementary School: Olive J Dodge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 9, 2019
Sold by
Old Shell Properties Inc
Bought by
Todd Bethany Teryl
Seller's Agent
Kim Studdard
Berkshire Hathaway Cooper & Co
Sold Price
$72,000
Current Estimated Value
$118,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,591
Avg. Annual Appreciation
8.45%
Original Mortgage
$69,840
Outstanding Balance
$61,448
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$57,143

Purchase Details

Closed on
Nov 27, 2002
Sold by
Loftin Kevin and Loftin Deanna
Bought by
Ghaffari Mohammad A and Ghaffari Rasheda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,375
Interest Rate
6.3%

Purchase Details

Closed on
Jan 5, 2002
Sold by
Huffman Candyce M
Bought by
Loftin Kevin and Emery Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,650
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Todd Bethany Teryl $72,000 None Available
Ghaffari Mohammad A $62,500 --
Loftin Kevin $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Bethany Teryl $69,840
Previous Owner Old Shell Properties Inc $75,650
Previous Owner Ghaffari Mohammad A $59,375
Previous Owner Loftin Kevin $57,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $72,000 -- $82 / Sq Ft
05/15/2019 05/15/19 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 $546 $12,800 $5,000 $7,800
2023 $546 $10,500 $5,000 $5,500
2022 $409 $10,500 $5,000 $5,500
2021 $390 $10,500 $5,000 $5,500
2020 $390 $10,500 $5,000 $5,500
2019 $914 $19,580 $10,000 $9,580
2018 $914 $14,400 $0 $0
2017 $914 $14,400 $0 $0
2016 $914 $14,400 $0 $0
2013 $916 $9,000 $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: 0621753

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-03-2-001-014.028