NOT LISTED FOR SALE

7281 Isle of Palms Dr Mobile, AL 36695

Di Grado Neighborhood

Estimated Value: $90,440

0.86 Acre
$105,273 Price per Acre
37,422 Sq Ft Lot

Last Sold January 04, 2024

Last sale price $100,000 $18 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $676/month

230 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Brush Vegetation
  • Gated Community
  • Security Gate

About This Lot

As of January 2024

Looking for a spectacular lot to build your new home?? Look no further! Lot #5 in the exceptional community of the Isle of Palms is the perfect place. This lot is approximately .72 acres in this beautiful gated community. Isle of Palms offers a tropical setting including a variety of beautiful palm trees throughout. The lake, pond and common areas also add a nice touch to this exquisite neighborhood. Come check out this partially fenced large lot on Isle of Palms Drive. All measurements are approximate and not guaranteed, buyer to verify.

Last Agent to Sell the Property

Jeremy Knight

Bellator Real Estate LLC Mobile License #96580 Listed on: 05/05/2023

Bellator Real Estate LLC Mobile

Last Buyer's Agent

Henry Haseeb

H and H Real Estate License #9707

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,375

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 150x208
  • Property fronts a county road
  • Brush Vegetation
  • Property is zoned R1

HOA Fees

  • $117 Monthly HOA Fees

Schools

  • O'rourke Elementary School
  • Burns Middle School
  • Wp Davidson High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3303074000001005

Community Details

Overview

  • Isle Of Palms Subdivision
  • Community Lake

Recreation

  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,375

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 5 ISLE OF PALMS S/D REVISED MBK 74/41 #SEC 07 T5S R2W #MP33 03 07 4 000
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Deed Restrictions
  • Min House S Q F T: 4000.00
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Security: Security Gate
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Fishing, Gated, Lake
  • Association Fee: 700
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Subdivision Complex: ISLE OF PALMS

Schools

  • Elementary School: O'Rourke
  • Middle School: Burns
  • High School: WP Davidson

Lot Info

  • Acres: 0.8591
  • Current Zoning: R1
  • Current Use: Residential
  • Lot Dimensions: 150x208
  • Parcel Number: 3303074000001005
  • Price Acre Dollar: 116400.88
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 1375.00
  • Assessor Parcel Number: 33-03-07-4-000-001.005
  • Close Date: 2024-01-04
  • Tax Year: 2022

MLS Schools

  • Elementary School: O'Rourke
  • High School: WP Davidson
  • Middle School: Burns

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Diaz and Jolane
Bought by
Mr Z Auto Llc
Current Estimated Value
$90,440

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 29, 2019
Sold by
Diaz Gilbert and Diaz Jolane
Bought by
Farni Shonn and Farni Leigh Anna
Seller's Agent
Kym Trest
Roberts Brothers TREC
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.42%
Original Mortgage
$850,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 2009
Sold by
Baxter T Michael T and Baxter Lisa
Bought by
Diaz Gilbert and Diaz Jolane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2005
Sold by
Mark Swanson Builders Inc
Bought by
Baxter T Michael T and Baxter Lisa

Purchase Details

Closed on
Oct 7, 2004
Sold by
Isle Of Palms Llc
Bought by
Mark Swanson Builders Inc
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
Mr Z Auto Llc $80,000 Lori Meadows Pc
Farni Shonn $1,050,000 None Available
Diaz Gilbert $1,375,000 None Available
Baxter T Michael T -- --
Mark Swanson Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farni Shonn $850,000
Previous Owner Diaz Gilbert $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $100,000 -4.7% $18 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $104,950 +5.0% $18 / Sq Ft
09/22/2023 09/22/23 For Sale $99,950 0.0% $18 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $99,950 -90.5% $18 / Sq Ft
03/29/2019 03/29/19 Sold $1,050,000 -- $162 / Sq Ft
02/07/2019 02/07/19 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 $970 $20,000 $20,000 $0
2023 $1,019 $21,000 $21,000 $0
2022 $2,037 $42,000 $42,000 $0
2021 $2,037 $42,000 $42,000 $0
2020 $2,037 $42,000 $42,000 $0
2019 $12,847 $264,880 $0 $0
2018 $12,964 $267,300 $0 $0
2017 $12,098 $249,440 $0 $0
2016 $16,164 $333,280 $0 $0
2013 $6,665 $137,560 $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: 7212184

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-03-07-4-000-001.007