$100,000
SOLD SEP 24, 2015

7241 Spring Lake Dr S Mobile, AL 36695

Sheldon Neighborhood
3 Beds
2 Baths
1,457 Sq Ft
4,922 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

About This Home

As of June 2019

Lovely patio home in gated Spring Lake Subdivision. Excellent floor plan, kitchen with breakfast bar leads to den area. Master bedroom with walk in closet. Nice unit with attached, single garage.

Last Agent to Sell the Property

Cy Cain

Cain Real Estate Co License #65891 Listed on: 06/23/2015

Last Buyer's Agent

Paul Carter

Paul Carter Agency License #56285

Home Details

Home Type

Single Family

Est. Annual Taxes

$731

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT C-4 SPRING LAKE SUBDIV UNIT TWO MBK 67 PG 53 #SEC 19 T4S R2W #MP28 04 19 4 002
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Patio Home
  • Property Condition: Resale
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Square Footage: 1457.00
  • 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: Rear Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: SPRING LAKE

Lot Info

  • Parcel Number: 2804194002008051
  • 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: 28-04-19-4-002-008.051
  • Close Date: 2015-09-24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 19, 2019
Sold by
Shorrosh Victoria Anis and Shorrosh Rebecca Rose
Bought by
Mcilwain Rusty and Mcilwain Barbara
Seller's Agent
Paul Carter
Paul Carter Agency
Buyer's Agent
Julie Martin
eXp Realty Port City Downtown
Sold Price
$135,900
Current Estimated Value
$205,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,430
Avg. Annual Appreciation
6.77%
Original Mortgage
$105,900
Outstanding Balance
$94,085
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$108,989

Purchase Details

Closed on
Apr 20, 2016
Sold by
Shorrosh Paul A
Bought by
Shorrosh Victoria Anis and Shorrosh Rebecca Rose

Purchase Details

Listed on
Jun 23, 2015
Closed on
Sep 18, 2015
Sold by
Kruse Frank H
Bought by
Shorrosh Paul A
Seller's Agent
Cy Cain
Cain Real Estate Co
Buyer's Agent
Paul Carter
Paul Carter Agency
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Mcclellan Michael T and Mcclellan Danielle G
Bought by
Arledge Charlize P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,491
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1997
Sold by
The Mitchell Company Inc
Bought by
Mcclellan Michael T and Mcclellan Danielle G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,900
Interest Rate
7.95%
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 Type Sale Price Title Company
Warranty Deed $135,900 Atc
Warranty Deed $80,112 None Available
Warranty Deed $100,000 None Available
Deed $98,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,900 New Conventional
Previous Owner $86,250 Credit Line Revolving
Previous Owner $86,000 New Conventional
Previous Owner $91,142 Unknown
Previous Owner $90,491 FHA
Previous Owner $100,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $135,900 +35.9% $93 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
09/24/2015 09/24/15 Sold $100,000 -- $69 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
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 $731 $14,850 $3,500 $11,350
2023 $731 $12,140 $3,500 $8,640
2022 $519 $12,070 $3,500 $8,570
2021 $531 $12,330 $3,500 $8,830
2020 $536 $12,430 $3,500 $8,930
2019 $554 $12,800 $0 $0
2018 $564 $13,020 $0 $0
2017 $552 $12,760 $0 $0
2016 $1,133 $23,360 $0 $0
2013 $342 $13,040 $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: 0517654

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 28-04-19-4-002-008.051