NOT LISTED FOR SALE

7851 Lantern Way Mobile, AL 36619

Prospect Neighborhood

Estimated Value: $149,000 - $297,000

3 Beds
2 Baths
1,663 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $89,000 $54 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,313/month

Highlights

  • Gated Community
  • Ranch Style House
  • Breakfast Room
  • Deck
  • Wood Flooring
  • Front Porch

About This Home

As of March 2018

Great buy in small, quiet neighborhood! Home needs some TLC but is 3 bedroom 2 bath with tons of potential. Property features a great fenced back yard and nice deck. Property is a foreclosure and may be subject to the Alabama Right of Redemption. Call today for a viewing!

Last Agent to Sell the Property

Paige Prosch

McCarron Real Estate License #100338 Listed on: 01/28/2018

Last Buyer's Agent

Paige Prosch

McCarron Real Estate License #100338 Listed on: 01/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,688

Year Built

  • 1991

Lot Details

  • 1

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,663 Sq Ft Home
  • Breakfast Room
  • Breakfast Bar

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Lantern Way Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 340613400005504

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,688

Year Built

1991

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 4 LANTERN WAY MBK 29/36 #SEC 13 T5S R3W #MP34 06 13 4 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Special Features: None
  • Year Built: 1991

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Kitchen Features: Breakfast Bar, Breakfast Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1663.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: LANTERN WAY

Lot Info

  • Parcel Number: 340613400005504
  • 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: 34-06-13-4-000-055.04
  • Close Date: 2018-03-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
Mar 21, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Hinkle Rene
Seller's Agent
Paige Prosch
McCarron Real Estate
Buyer's Agent
Paige Prosch
McCarron Real Estate
Sold Price
$89,000
Total Days on Market
0
Current Estimated Value
$209,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,648
Avg. Annual Appreciation
11.63%
Original Mortgage
$59,000
Outstanding Balance
$51,279
Interest Rate
4.44%
Estimated Equity
$145,893

Purchase Details

Closed on
Sep 27, 2017
Sold by
Sweatt John Carlton and Sweatt Elizabeth
Bought by
Pingora Loan Servicing Llc

Purchase Details

Closed on
Sep 22, 2017
Sold by
Pingora Loan Servicing Llc
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Listed on
Mar 20, 2014
Closed on
Apr 23, 2014
Sold by
Thwaites Kurt James
Bought by
Sweatt John Carlton
Seller's Agent
Bill Hinton
Roberts Brothers, Inc Malbis
Buyer's Agent
Chris Adams
Legendary Realty,LLC
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$120,537
Interest Rate
4.37%
Mortgage Type
VA

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 8, 2013
Sold by
Williams Laura C and Thwaites Laura Corinne
Bought by
Thwaites Kurt James
Seller's Agent
Bill Hinton
Roberts Brothers, Inc Malbis
Buyer's Agent
Bill Hinton
Roberts Brothers, Inc Malbis
Sold Price
$96,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Closed on
Dec 31, 2003
Sold by
Broughton Carl A and Broughton Kimberly Y
Bought by
Thwaites Kurt James and Thwaites Laura Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
9.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2001
Sold by
Ferrara Christy
Bought by
Broughton Carl A and Broughton Kimberly Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,325
Interest Rate
7.23%
Mortgage Type
FHA
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
Hinkle Rene $89,000 --
Pingora Loan Servicing Llc $96,657 None Available
The Secretary Of Veterans Affairs $500 None Available
Sweatt John Carlton $118,000 None Available
Thwaites Kurt James -- None Available
Thwaites Kurt James $99,000 --
Broughton Carl A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinkle Rene $59,000
Closed Hinkle Rene --
Previous Owner Sweatt John Carlton $120,537
Previous Owner Thwaites Kurt J $105,000
Previous Owner Thwaites Kurt James $99,000
Previous Owner Broughton Carl A $85,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $89,000 -24.6% $54 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
04/23/2014 04/23/14 Sold $118,000 +22.9% $71 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/18/2013 03/18/13 Sold $96,000 -- $58 / Sq Ft
03/15/2013 03/15/13 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 $1,688 $32,320 $5,000 $27,320
2023 $1,688 $30,640 $5,000 $25,640
2022 $1,344 $27,720 $5,000 $22,720
2021 $1,266 $26,100 $5,000 $21,100
2020 $1,199 $24,720 $4,200 $20,520
2019 $1,190 $24,540 $0 $0
2018 $1,218 $25,120 $0 $0
2017 $564 $13,000 $0 $0
2016 $570 $13,140 $0 $0
2013 $485 $11,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paige Prosch

    McCarron Real Estate

    (251) 656-0637

    49 Total Sales

    Paige Prosch
    Section Image
  • Bill Hinton

    Seller's Agent in 2014

    Bill Hinton

    Roberts Brothers, Inc Malbis

    (251) 454-5830

    131 Total Sales

    Bill Hinton
    Section Image
  • Chris Adams

    Buyer's Agent in 2014

    Chris Adams

    Legendary Realty,LLC

    (251) 367-7430

    2 in this area

    83 Total Sales

    Chris Adams
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jessica James

    Roberts Brothers West

See All Agents

Map

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

MLS Number: 0608791

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 34-06-13-4-000-055.04

Alabama Mobile County Mobile 36619 Prospect

7851 Lantern Way, Mobile, AL

This home is located at 7851 Lantern Way, Mobile, AL 36619 since 28 January 2018 and is currently estimated at $209,648, approximately $126 per square foot. This property was built in 1991. 7851 Lantern Way is a home located in Mobile County with nearby schools including Meadowlake Elementary School, Bernice J Causey Middle School, and WP Davidson 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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