NOT LISTED FOR SALE

7426 Magnolia Ave Theodore, AL 36582

Belmont Lake Estates Neighborhood

Estimated Value: $187,000 - $219,085

3 Beds
2 Baths
1,566 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $179,900 $115 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,207/month

28 Days on Market

Highlights

  • Open-Concept Dining Room
  • Ranch Style House
  • Home Office
  • Rural View
  • Stone Countertops
  • Covered patio or porch

About This Home

As of August 2022

Tucked off in the Theodore Highlands subdivision & just minutes from schools, restaurants, shopping & the interstate. This home has it all; there are three bedrooms, 2 bathrooms and an office. The living room showcases raised ceilings and is open to the kitchen. The kitchen features white cabinetry, marble countertops, stainless steel appliances and an eat-in area just off the kitchen. Throughout the home you’ll find updated vinyl flooring, separate laundry room, built-ins, & plenty of storage for linens, towels, etc. Covered side porch would be perfect for a hot tub, Alabama football, rainy nights, a man cave, a game room, a workout area, gardening area etc. This house sits on a little under an acre and has a section of fenced in yard in the back. Large flat front yard and huge back yard ready for your favorite outdoor living. Out back there is a large shed with power that will remain (being sold AS-IS). This one is renovated, move-in ready and waiting for a new family!
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

Kyle Malmay

Roberts Brothers TREC License #114382-1 Listed on: 05/31/2022

Roberts Brothers TREC

Last Buyer's Agent

Dennis Johnson

Exit Realty Lyon & Associates License #110795

Exit Realty Lyon & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $571

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 99x348x100x340
  • Property fronts a county road
  • Level Lot
  • Back Yard Fenced and Front Yard

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,566 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Formal Dining Room
  • Home Office
  • Vinyl Flooring
  • Rural Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 220 Volts in Workshop
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Theodore Heights Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 3803083000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$571

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 6 5TH ADD TO THEODORE HGTS MBK 6 P 375 #SEC 8 T6S R2W #MP38 03 08 3 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Vinyl
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Pantry, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room, Office
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 1566.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Covered, Side Porch
  • View: Rural
  • Foundation: Pillar/Post/Pier

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway

Utilities

  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 220 Volts, 220 Volts in Laundry, 220 Volts in Workshop

Condo/Co-op/Association

  • Subdivision Complex: THEODORE HEIGHTS

Schools

  • Elementary School: Mobile - Other
  • Middle School: Mobile - Other
  • High School: Mobile - Other

Lot Info

  • Acres: 0.7824
  • Lot: 6
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: 99x348x100x340
  • Parcel Number: 3803083000016
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 571.00
  • Assessor Parcel Number: 38-03-08-3-000-016.
  • Close Date: 2022-08-10
  • Tax Year: 2021

MLS Schools

  • Elementary School: Mobile - Other
  • High School: Mobile - Other
  • Middle School: Mobile - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 10, 2022
Sold by
Simmons Alan T and Simmons Kimberlyn
Bought by
Gray Peyton
Seller's Agent
Kyle Malmay
Roberts Brothers TREC
Buyer's Agent
Dennis Johnson
Exit Realty Lyon & Associates
List Price
$190,000
Sold Price
$179,900
Premium/Discount to List
-$10,100
-5.32%
Current Estimated Value
$205,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,371
Avg. Annual Appreciation
2.27%
Original Mortgage
$174,503
Outstanding Balance
$168,163
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$23,759

Purchase Details

Closed on
Sep 24, 2020
Sold by
Rowe Matthew
Bought by
Simmons Alan T and Lowe Kimberlyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,083
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2020
Sold by
Rowe Brian
Bought by
Rowe Matthew
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
Gray Peyton $179,900 None Listed On Document
Simmons Alan T $161,000 None Available
Rowe Matthew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Peyton $174,503
Previous Owner Simmons Alan T $158,083
Previous Owner Rowe Randy L $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $179,900 +2.8% $115 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $175,000 -7.9% $112 / Sq Ft
05/31/2022 05/31/22 For Sale $190,000 -- $121 / 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 $817 $15,760 $2,200 $13,560
2023 $817 $15,460 $2,400 $13,060
2022 $671 $15,200 $2,000 $13,200
2021 $571 $13,150 $2,000 $11,150
2020 $854 $17,600 $3,340 $14,260
2019 $854 $17,600 $3,780 $13,820
2018 $854 $17,600 $0 $0
2017 $854 $17,600 $0 $0
2016 $871 $17,960 $0 $0
2013 $872 $17,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Malmay

    Seller's Agent in 2022

    Kyle Malmay

    Roberts Brothers TREC

    (251) 599-5888

    1 in this area

    143 Total Sales

    Kyle Malmay
    Section Image

  • D

    Buyer's Agent in 2022

    Dennis Johnson

    Exit Realty Lyon & Associates

    (251) 321-9578

    1 in this area

    7 Total Sales

    Dennis Johnson
    Section Image
See All Agents

Map

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

MLS Number: 7057124

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 38-03-08-3-000-016

Alabama Mobile County Theodore 36582 Belmont Lake Estates

7426 Magnolia Ave, Theodore, AL

This home is located at 7426 Magnolia Ave, Theodore, AL 36582 since 31 May 2022 and is currently estimated at $205,271, approximately $131 per square foot. 7426 Magnolia Ave is a home located in Mobile County with nearby schools including Nan Gray Davis Elementary School, Katherine H Hankins Middle School, and Theodore 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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