NOT LISTED FOR SALE

6951 Victor Rd Mobile, AL 36608

Cody Neighborhood

Estimated Value: $222,000 - $273,000

Studio
3 Baths
3,771 Sq Ft
$66/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $205,000 $54 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,501/month

87 Days on Market

Highlights

  • 0.83 Acre Lot
  • Accessible Entrance
  • Central Heating and Cooling System
  • Private Lot
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of November 2022

Attention Investors! This multifamily property currently brings 2,425 per month in rental income, with combined 3,771 Sq. Ft. There are three units on this .8 acre lot in West Mobile. The main house has three bedrooms and two bathrooms, separate dining and kitchen, and a large family room with a basement. The upstairs duplex unit has two bedrooms and one bath, a large kitchen, and a family room. The downstairs duplex unit has one bedroom, one bath, a kitchen, and family room. The main house rents for 950, Upstairs duplex rents for 800, and the Downstairs duplex rents for 675 per month. All three units are currently on annual leases until April 2023. The roof is two years old and there have been many upgrades and renovations. Schedule a showing and come see it today! All updates per the seller. Listing company makes no representation as to accuracy of square footage; Buyer to verify.

Last Agent to Sell the Property

Grainger Rathle

Roberts Brothers TREC License #132973 Listed on: 08/05/2022

Roberts Brothers TREC

Last Buyer's Agent

Lindsay Landry

IXL Real Estate LLC License #109681

IXL Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1979

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are x 176x205x176x204
  • Chain Link Fence
  • Private Lot
  • Sloped Lot

Home Design

  • Triplex
  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Accessible Home Design

  • Accessible Entrance

Schools

  • John Will Elementary School
  • Calloway Smith Middle School
  • Mattie T Blount High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2803082001071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,642

Year Built

Built in 1979

Lot Details

0.83 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: FROM NE COR OF E 1/2 OF N 1/2 OF N 1/2 OF SW 1/4 OF NW 1/4 OF SEC 8 T4S R2W RUN S 2O FT TO S ROW/L OF VICTOR RD TH WLY ALG S/L OF VICTOR RD 250.13 FT TO POB OF PPTY DESC TH CONT WLY ALG S/L OF VICTOR RD 172.85 FT TO A PT TH DEFL 85 DEG 52 MIN 45 SEC TO LT RUN SLY ALG FENCE LINE 206 FT TH DEFL 94 DEG 08 MIN 45 SEC TO LT RUN ELY ALG FENCE/L 180.06 FT TO A PT TH DEFL 87 DEG 51 MIN 30 SEC TO LT RUN NLY ALG FENCE/L 205.53 FT TO POB #SEC 08 T4S R2W #MP28 03 08 2 001
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1979
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Fencing: Chain Link, Fenced

Utilities

  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: METES & BOUNDS

Lot Info

  • Acres: 0.8250
  • Lot Features: Private, Sloped
  • Lot Dimensions: x 176x205x176x204
  • Parcel Number: 2803082001071
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1642.00
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: John Will
  • High School: Mattie T Blount
  • Middle School: Calloway Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 9, 2022
Sold by
Cope Stephen Bennett
Bought by
Farid Marcos
Seller's Agent
Grainger Rathle
Roberts Brothers TREC
Buyer's Agent
Lindsay Landry
IXL Real Estate LLC
List Price
$240,000
Sold Price
$205,000
Premium/Discount to List
-$35,000
-14.58%
Current Estimated Value
$248,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,048
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Feb 28, 2022
Closed on
Mar 25, 2022
Sold by
Sylvester Thomas
Bought by
Cope Stephen Bennett and Cope Frank
Seller's Agent
Melissa Varnadore
Maximus Real Estate Inc
Buyer's Agent
Melissa Varnadore
Maximus Real Estate Inc
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.55%

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 17, 2019
Sold by
Destor Edwin and Palileo Lito
Bought by
Thomas Sylvester
Seller's Agent
Cindy Campbell
IXL Real Estate LLC
Buyer's Agent
Melissa Varnadore
Maximus Real Estate Inc
Sold Price
$86,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.48%

Purchase Details

Closed on
Dec 22, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Destor Edwin and Palileo Lito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2016
Sold by
Henry Alfred A
Bought by
M & T Bank

Purchase Details

Closed on
Aug 18, 2010
Sold by
Crabtree Jere Austill and Crabtree Jere Austill
Bought by
Odom Antwan and Johnson Laquita M

Purchase Details

Closed on
Oct 11, 2007
Sold by
Edwards William J
Bought by
Henry Alfred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Agnell Kimberly Acott
Bought by
Edwards William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Farid Marcos $205,000 --
Cope Stephen Bennett $175,000 Lori Meadows Pc
Thomas Sylvester $86,500 Slt
Destor Edwin $78,500 Servicelink Llc
M & T Bank -- None Available
Odom Antwan -- None Available
Henry Alfred A $139,525 Gtc
Edwards William J -- Surety Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Destor Edwin $60,500
Previous Owner Henry Alfred A $132,525
Previous Owner Edwards William J $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2022 11/09/22 Sold $205,000 -14.6% $54 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $240,000 0.0% $64 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $240,000 -4.0% $64 / Sq Ft
08/05/2022 08/05/22 For Sale $250,000 +42.9% $66 / Sq Ft
03/25/2022 03/25/22 Sold $175,000 0.0% $46 / Sq Ft View Prior Sale
03/06/2022 03/06/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $175,000 +102.3% $46 / Sq Ft
10/17/2019 10/17/19 Sold $86,500 -- $23 / Sq Ft View Prior Sale
10/02/2019 10/02/19 Pending -- -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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
2025 $2,518 $40,500 $3,200 $37,300
2024 $2,518 $36,920 $3,100 $33,820
2023 $2,247 $35,380 $3,580 $31,800
2022 $1,626 $25,600 $2,660 $22,940
2021 $1,642 $25,860 $2,660 $23,200
2020 $1,021 $17,120 $1,490 $15,630
2019 $929 $15,680 $0 $0
2018 $929 $15,680 $0 $0
2017 $1,989 $31,320 $0 $0
2016 $2,068 $32,560 $0 $0
2013 $905 $15,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Grainger Rathle

    Roberts Brothers TREC

    Section Image

  • M

    Seller's Agent in 2022

    Melissa Varnadore

    Maximus Real Estate Inc

    Section Image

  • L

    Buyer's Agent in 2022

    Lindsay Landry

    IXL Real Estate LLC

    (251) 454-5083

    1 in this area

    60 Total Sales

    Lindsay Landry
    Section Image
  • Cindy Campbell

    Seller's Agent in 2019

    Cindy Campbell

    IXL Real Estate LLC

    (251) 422-7740

    1 in this area

    36 Total Sales

    Cindy Campbell
    Section Image
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Map

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

MLS Number: 7095307

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-03-08-2-001-071

Alabama Mobile County Mobile 36608 Cody

6951 Victor Rd, Mobile, AL

Not Listed for Sale

MultiFamily

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