NOT LISTED FOR SALE

62 Silverwood St Mobile, AL 36607

Midtown Mobile Neighborhood

Estimated Value: $171,000 - $256,000

3 Beds
2 Baths
1,839 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $105,000 $57 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,217/month

Highlights

  • Gated Community
  • Wood Flooring
  • Brick Front
  • Deck
  • Cottage
  • Outdoor Storage

About This Home

As of November 2019

Excellent investment opportunity. This property has 100% occupancy over the last 8 years as a rental. Nice home on one of midtowns most popular streets in excellent location near Mobile Infirmary. Hardwood floors are newly refinished, the interior has all fresh paint and new vinyl plank flooring in the kitchen area. This home has an excellent floor plan with a fabulous sunroom just off the Living room and bedroom. Tall ceilings, arched doorways and exposed brick in the kitchen give this home tons of charm. The backyard is privacy fenced and has a deck perfect for grilling and enjoying the outdoors. This home comes with a stainless side by side refrigerator. Silverwood has a once a year block party and is a great place to call home. Home needs some cosmetic upgrades, but great opportunity to live on one of midtowns most popular, quiet streets at a reasonable price. Motivated seller, bring all offers. Home needs a little TLC to bring it back to its full glory and price accordingly. Motivated seller.

Last Agent to Sell the Property

Cy Cain

Cain Real Estate Co License #65891 Listed on: 11/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $729

Lot Details

  • 7,579

Home Design

  • 1,839 Sq Ft Home
  • Cottage
  • Brick Front

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

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

Community Details

  • Silverwood Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2907240004037

Home Details

Home Type

Single Family

Est. Annual Taxes

$729

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 26 SILVERWOOD DBK 156 P 597 #SEC 24 T4S R1W #MP29 07 24 0 004
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1839.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Patio And Porch Features: Deck
  • Exterior Features: Storage
  • Foundation: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: SILVERWOOD

Lot Info

  • Parcel Number: 2907240004037
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 29-07-24-0-004-037.
  • Close Date: 2019-11-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 15, 2019
Sold by
Wells Kramer Owem
Bought by
Thrasher Taylor B
Seller's Agent
Cy Cain
Cain Real Estate Co
Sold Price
$105,000
Current Estimated Value
$218,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,884
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Aug 30, 2011
Sold by
Wells Nicole Q
Bought by
Wells Kramer Owen

Purchase Details

Closed on
Jun 14, 2006
Sold by
Littlejohn Christina and Leenhouts Jeffery
Bought by
Wells Kramer Owen and Wells Nicole Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2005
Sold by
Cooper Bradford D and Cooper Cher Hudson
Bought by
Littlejohn Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,868
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 2000
Sold by
6 Int Cynthia K and 6 Int Catheri Bertolotti Claydell B A
Bought by
Cooper Bradford and Hudson Cher

Purchase Details

Closed on
Sep 1, 1998
Sold by
Regions Bank
Bought by
Wilson Cynthia K and Cohen Catherine K
Source: Public Records

Range of Values:

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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
Thrasher Taylor B $105,000 Slt
Wells Kramer Owen $78,300 None Available
Wells Kramer Owen -- None Available
Littlejohn Christina -- Surety Land Title Inc
Cooper Bradford -- --
Wilson Cynthia K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Kramer Owen $163,000
Previous Owner Littlejohn Christina $129,868
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $105,000 +8650.0% $57 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/04/2015 11/04/15 Rented $1,200 -- --
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 $729 $12,360 $3,600 $8,760
2023 $651 $11,290 $3,000 $8,290
2022 $624 $10,880 $3,000 $7,880
2021 $606 $10,600 $1,520 $9,080
2020 $1,571 $12,370 $2,550 $9,820
2019 $1,680 $26,460 $5,100 $21,360
2018 $1,680 $26,460 $0 $0
2017 $1,680 $26,460 $0 $0
2016 $1,758 $27,680 $0 $0
2013 $978 $16,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cy Cain

    Cain Real Estate Co

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Map

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

MLS Number: 0625279

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-07-24-0-004-037

Alabama Mobile County Mobile 36607 Midtown Mobile

62 Silverwood St, Mobile, AL

This home is located at 62 Silverwood St, Mobile, AL 36607 since 05 November 2019 and is currently estimated at $218,884, approximately $119 per square foot. 62 Silverwood St is a home located in Mobile County with nearby schools including Florence Howard Elementary School, Booker T. Washington Middle School, and Murphy 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.

Gulf Coast MLS (Mobile Area Association of 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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