5808 University Ave Mobile, AL 36618
Colonial Heights NeighborhoodEstimated Value: $91,000 - $113,867
0.33
Acre
$302,930
Price per Acre
14,375
Sq Ft Lot
Highlights
- Wood Flooring
- Brick or Stone Mason
- Ceiling Fan
- No HOA
- Views
- Heating Available
About This Lot
As of February 2025SOLD AS-IS This 3-bedroom, 1.5-bathroom home is a dream opportunity for landlords looking to expand their rental portfolio. Featuring a functional layout and two bonus sheds in the backyard, this property offers added storage or potential for creative use. With solid rental potential and plenty of room to customize, it’s the perfect investment for steady income. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Property Type
- Land
Est. Annual Taxes
- $454
Year Built
- Built in 1964
Lot Details
- 0.33 Acre Lot
- North Facing Home
Home Design
- Ranch Property
- Brick or Stone Mason
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,458 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Flooring
- No Kitchen Appliances
- Property Views
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Orchard Elementary School
- Cl Scarborough Middle School
- Mattie T Blount High School
Utilities
- No Cooling
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 2308334000039XXX
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Feb 28, 2025
Sold by
Raper R B R and Raper Wilodean
Bought by
Heartland Buys Llc
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Non Member
Non Member Office
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33
Avg. Annual Appreciation
-0.11%
Purchase Details
Closed on
Feb 18, 2005
Sold by
Tolbert Melissa A
Bought by
Raper R B R and Raper Wilodean
Purchase Details
Closed on
Aug 14, 2002
Sold by
Downey George Wade
Bought by
Tolbert Melissa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,820
Interest Rate
6.49%
Mortgage Type
FHA
Similar Properties in Mobile, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heartland Buys Llc | $90,000 | None Listed On Document | |
| Raper R B R | $67,428 | Slt | |
| Tolbert Melissa A | -- | Surety Land Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tolbert Melissa A | $68,820 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | Sold | $100,000 | -4.8% | $69 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $105,000 | +5.0% | $72 / Sq Ft |
| 02/26/2025 02/26/25 | Off Market | $100,000 | -- | -- |
Source: Baldwin REALTORS®
Tax History Compared to Growth
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 | -- | $11,200 | $2,000 | $9,200 |
| 2023 | $464 | $8,960 | $2,000 | $6,960 |
| 2022 | $454 | $8,200 | $2,000 | $6,200 |
| 2021 | $0 | $8,190 | $2,000 | $6,190 |
| 2020 | $0 | $7,310 | $1,600 | $5,710 |
| 2019 | $0 | $7,160 | $0 | $0 |
| 2018 | $0 | $7,800 | $0 | $0 |
| 2017 | $0 | $7,800 | $0 | $0 |
| 2016 | -- | $8,000 | $0 | $0 |
| 2013 | -- | $7,140 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cliff Glansen
Seller's Agent in 2025
Cliff Glansen
FlatFee.com
(954) 965-3990
1 in this area
5,926 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Non Member Office
Map
Source: Baldwin REALTORS®
MLS Number: 374747
APN: 23-08-33-4-000-039
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.
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