$795,000
SOLD APR 26, 2021

5751 Overlook Rd Mobile, AL 36618

Colonial Heights Neighborhood
24 Beds
12 Baths
10,800 Sq Ft
1.02 Acres

Recently Sold

$74 Per Sq Ft

12% Below List Price

8 Days on Market

Highlights

  • 1.02 Acre Lot
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Outdoor Storage
  • Combination Kitchen and Dining Room
  • Carpet

About This Home

As of January 2024

AMAZING investment opportunity 1.5 miles from South Alabama’s campus!! 100% occupancy! Three buildings with a total of 12 units. Each unit rents for $640/month. All 2 bedrooms, 1 bath, 900sq ft each. Each unit comes with a refrigerator, stove, dishwasher, garbage disposal, washer/dryer connections, and an outside storage unit. 11 central AC units replaced with Rheen units in Feb 2016 and 1 in May 2015. Parking lot was repaved in 2019. 2020 generated almost $60,000 NOI! Owner pays for water and trash. Roof is a flat roof 10-12 years old. Addresses of each building are 5751 Overlook Rd. (Tax ID 1810188), 5755 Overlook Rd. (Tax ID 454877), and 1459 Morlee Dr. W (Tax ID 454868). Tenants require 48 hour’s notice for showings. Buyer to verify all measurements and important info.

Last Agent to Sell the Property

Colleen Bowen

eXp Realty Southern Branch License #103724 Listed on: 02/01/2021

eXp Realty Southern Branch

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,647

Year Built

  • Built in 1978

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 200x39x175x225x200
  • Partially Fenced Property
  • 3 Lots in the community

Parking

  • Parking Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 10,800 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • SEER Rated 14+ Air Conditioning Units

Listing and Financial Details

  • Assessor Parcel Number 28-02-09-1-001-003.001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,647

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Construction Foundation: Concrete Block, Slab
  • Construction Status: Resale
  • Intersecting Street: Morlle Dr. W.
  • Property Amenities: Partially Fenced, Storage-Out, Termite Contract
  • Property Type: 4-10
  • Zoning Area: 2+ Family Residence
  • Parcel Id Tax Id: 28-02-09-1-001-003.001
  • Structure Style: Multi-Story
  • Year Built: 1978
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector
  • Estimated Living Area: 10800
  • Bathrooms: 12
  • Bedroom 2: Dimensions: 13.9x12.6, On Level: Main Level
  • Bedroom 3: Dimensions: 13.9x12.6, On Level: Main Level
  • Bedroom 4: Dimensions: 13.9x12.6, On Level: Main Level
  • Bedroom 5: Dimensions: 13.9x12.6, On Level: Main Level
  • Bedrooms: 24
  • Dining Area Type: Dining/Kitchen Combo
  • Floors: Carpet
  • Kitchen: Dimensions: 14x12, On Level: Main Level
  • Living Room: Dimensions: 12.6x16, On Level: Main Level
  • Master Bed: Dimensions: 13.9x12.6, On Level: Main Level
  • Other Room: Dimensions: Bathroom 12x5.6, On Level: Main Level
  • Price Per Sq Ft: 73.61
  • Property Interior Stories: 2

Exterior Features

  • Exterior Finish: Brick
  • Roof: Built Up Flat
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool), Central Heat
  • Utilities: Total Electric, Alabama Power, Water-Available

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Lot Info

  • Estimated Lot Size: 1.02
  • Lot Size: 200x39x175x225x200
  • Multiple Lots: Yes
  • Number Lots: 3

Green Features

  • Energy Saving Features: Seer 14

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 5647
  • Assessor Parcel Number: 01810188

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $860,000 -4.3% $80 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $899,000 -4.9% $83 / Sq Ft
10/23/2023 10/23/23 Price Changed $945,000 -5.0% $88 / Sq Ft
10/14/2023 10/14/23 Price Changed $995,000 -2.9% $92 / Sq Ft
10/09/2023 10/09/23 For Sale $1,025,000 0.0% $95 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $1,025,000 -6.8% $95 / Sq Ft
05/05/2023 05/05/23 For Sale $1,100,000 +38.4% $102 / Sq Ft
04/26/2021 04/26/21 Sold $795,000 -11.7% $74 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $900,000 -- $83 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rameh Khazen

    Seller's Agent in 2024

    Rameh Khazen

    Bellator Real Estate LLC Mobile

    (251) 786-4673

    2 in this area

    333 Total Sales

    Section Image
  • Christina Gustin

    Buyer's Agent in 2024

    Christina Gustin

    Bellator Real Estate LLC Mobile

    (251) 508-7952

    1 in this area

    74 Total Sales

    Section Image

  • C

    Seller's Agent in 2021

    Colleen Bowen

    eXp Realty Southern Branch

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member Office

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 309043

Baldwin REALTORS®

Alabama Mobile County Mobile 36618 Colonial Heights

5751 Overlook Rd, Mobile, AL

This home is located at 5751 Overlook Rd, Mobile, AL 36618 and is currently priced at $795,000, approximately $73 per square foot. This property was built in 1978. 5751 Overlook Rd is a home located in Mobile County with nearby schools including Orchard Elementary School, CL Scarborough Middle School, and Mattie T Blount High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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