NOT LISTED FOR SALE

925 Navco Rd Mobile, AL 36605

Woodlawn Neighborhood

Estimated Value: $121,000 - $195,000

Studio
2 Baths
2,018 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $175,000 $87 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,007/month

45 Days on Market

Highlights

  • Private Lot
  • 1-Story Property
  • Fenced
  • Accessible Electrical and Environmental Controls
  • Central Air
  • Wood Siding

About This Home

As of July 2022

INCOME PRODUCING DUPLEX FOR SALE! *** Investor Special *** Both units are 2/2 with 1,000sf +/-.
Call your favorite Realtor for showing instructions and property details.
Property cannot be shown without an acceptable offer. Do not disturb renters. Rental leases are currently in place until Jan 2023.
Current tenants are paying $600 per month, and have been notified of the sale and rent increase. Rent potential $800-850 per month.
Seller says current tenants are very good renters.
Listing company makes no representation as to accuracy of square footage. Buyer and/or buyer's agent to verify square footage.

Last Agent to Sell the Property

Heather O'Shea

Roberts Brothers TREC License #72742-1 Listed on: 04/26/2022

Roberts Brothers TREC

Last Buyer's Agent

Justin Farmer

Magnolia Shores Realty Group L License #142867-2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Lot Details

  • 9,196 Sq Ft Lot
  • Lot Dimensions are 19x56x92x88x98x19
  • Fenced
  • Private Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 1-Story Property
  • Accessible Electrical and Environmental Controls

Community Details

  • 2 Units
  • Norton Woods Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 290951001012608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 8 NORTON WOODS UNIT 1 MBK 32 P 91 #SEC 51 T4S R1W #MP29 09 51 0 010
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Accessibility Features: Accessible Electrical and Environmental Controls
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • Fencing: Fenced

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Subdivision Complex: NORTON WOODS

Lot Info

  • Acres: 0.2111
  • Lot: 8
  • Lot Features: Private
  • Lot Dimensions: 19x56x92x88x98x19
  • Parcel Number: 290951001012608
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1162.00
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

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
Apr 26, 2022
Closed on
Jul 8, 2022
Sold by
Mexican Gulf Properties Llc
Bought by
Chipman Family Grantor Trust
Seller's Agent
Heather O'Shea
Roberts Brothers TREC
Buyer's Agent
Justin Farmer
Magnolia Shores Realty Group L
List Price
$250,000
Sold Price
$175,000
Premium/Discount to List
-$75,000
-30%
Current Estimated Value
$161,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,300
Avg. Annual Appreciation
-2.23%

Purchase Details

Closed on
Dec 8, 2021
Sold by
Clough Thomas H and Holcomb Cory
Bought by
Mexican Gulf Properties Llc

Purchase Details

Closed on
Jul 30, 2021
Sold by
Clough Properties Llc
Bought by
Clough Thomas H and Holcomb Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2011
Sold by
Clough Thomas R and Clough Lori Galia
Bought by
Clough Properties Llc

Purchase Details

Closed on
Feb 22, 2006
Sold by
Twilley R Michael
Bought by
Clough Lori Galia and Clough Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 16, 2003
Sold by
Twilley Ronald D
Bought by
Twilley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,350
Interest Rate
6.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chipman Family Grantor Trust $175,000 Crane Legal Pc
Mexican Gulf Properties Llc -- None Available
Clough Thomas H $87,500 None Available
Clough Properties Llc -- None Available
Clough Lori Galia $85,500 Btd
Twilley Michael $71,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clough Thomas H $87,500
Previous Owner Clough Lori Galia $85,500
Previous Owner Twilley Michael $64,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $175,000 -5.4% $87 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $185,000 -26.0% $92 / Sq Ft
04/26/2022 04/26/22 For Sale $250,000 -- $124 / 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
2025 $1,928 $30,300 $1,600 $28,700
2024 $1,928 $28,240 $1,600 $26,640
2023 $1,803 $26,720 $1,600 $25,120
2022 $1,162 $18,300 $1,600 $16,700
2021 $1,162 $18,300 $1,600 $16,700
2020 $1,172 $18,460 $2,100 $16,360
2019 $1,064 $16,760 $0 $0
2018 $1,064 $16,760 $0 $0
2017 $1,064 $16,760 $0 $0
2016 $1,091 $17,180 $0 $0
2013 $963 $14,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather O'Shea

    Seller's Agent in 2022

    Heather O'Shea

    Roberts Brothers TREC

    (251) 234-9534

    2 in this area

    85 Total Sales

    Heather O'Shea
    Section Image
  • Justin Farmer

    Buyer's Agent in 2022

    Justin Farmer

    Magnolia Shores Realty Group L

    (251) 263-2255

    1 in this area

    104 Total Sales

    Justin Farmer
    Section Image
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Map

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

MLS Number: 7037370

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-09-51-0-010-126.08

Alabama Mobile County Mobile 36605 Woodlawn

925 Navco Rd, Mobile, AL

Not Listed for Sale

MultiFamily

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