NOT LISTED FOR SALE

7140 Howells Ferry Rd Mobile, AL 36618

Ferry Neighborhood

Estimated Value: $107,422 - $159,000

2 Acres
$66,553 Price per Acre
87,120 Sq Ft Lot

Last Sold November 07, 2017

Last sale price $77,300 $53 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $769/month

About This Lot

As of November 2017

Right off CR 72, your access to major interstates is outstanding. Great location to build, or renovate the 1400+ sq foot house already there. House has good rent potential and conveys at no value. Golf courses, restaurants, fairgrounds, and shopping in the vicinity, plus local schools just over a mile away! Come find out how you can put this conveniently-located 2 acre lot to good use!

Last Agent to Sell the Property

Blake Ray

JWRE License #109320 Listed on: 10/09/2017

Last Buyer's Agent

Anne Dorman

Mobile Bay Realty License #110481

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $289

Year Built

  • 1981

Lot Details

  • 2 Acre Lot
  • Property fronts a state road
  • Unincorporated Location
  • Wooded Lot

Community Details

  • Mobile Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2803071000002

Property Details

Property Type

Land

Est. Annual Taxes

$289

Year Built

1981

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: COM NE COR SEC 7 T4S R2W TH RUN W ALG N/L SEC 7, 273.85 FT TO POB THEN W ALG N/L SEC 268 FT(S) TO PT TH WITH DEFL ANG TO LT OF 111 DEG 25 MIN RUN SLY 448.94 FT TO PT ON N/L HOWELLS FERRY RD TH ELY ALG N/L SD RD 180 FT TO A PT TH WITH DEFL ANGLE 334.95 FT TO POB CONTG 2 AC M/L #SEC 07 T4S R2W #MP28 03 07 1 000
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Special Features: None
  • Year Built: 1981

Property Details

  • Property: Land

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Subdivision Complex: MOBILE TERRACE

Lot Info

  • Acres: 2.0000
  • Possible Use: Residential
  • Current Use: Residential
  • Lot Features: Unincorporated, Wooded
  • Parcel Number: 2803071000002
  • Price Acre Dollar: 38650.00
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 28-03-07-1-000-002.
  • Close Date: 2017-11-07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 7, 2017
Sold by
Maples Charles R and Maples Ramona Catherine
Bought by
Rhudy Melissa Y and Minto Joel T
Seller's Agent
Blake Ray
JWRE
Buyer's Agent
Anne Dorman
Mobile Bay Realty
Sold Price
$77,300
Total Days on Market
0
Current Estimated Value
$133,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,806
Avg. Annual Appreciation
8.62%
Original Mortgage
$73,435
Outstanding Balance
$62,231
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$82,604

Purchase Details

Closed on
Jun 23, 1999
Sold by
Maples Mona Catherine
Bought by
Maples Charles R and Maples Ramona Catherine
Source: Public Records

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Range of Values:

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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
Rhudy Melissa Y $77,300 Guaranty Title Company
Maples Charles R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhudy Melissa Y $73,435
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $77,300 0.0% $53 / Sq Ft
11/07/2017 11/07/17 Sold $77,300 -25.7% $53 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/09/2017 10/09/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $104,000 -1.0% $71 / Sq Ft
05/24/2017 05/24/17 For Sale $105,000 -- $72 / Sq Ft
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 $289 $7,130 $2,100 $5,030
2023 $289 $8,290 $3,080 $5,210
2022 $317 $7,900 $2,690 $5,210
2021 $312 $7,810 $2,690 $5,120
2020 $311 $7,780 $3,170 $4,610
2019 $368 $7,580 $0 $0
2018 $526 $10,840 $0 $0
2017 $526 $10,840 $0 $0
2016 $505 $10,420 $0 $0
2013 $474 $10,380 $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: 0600235

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-03-07-1-000-002