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12 Oakland Terrace

12 Oakland Terrace, Mobile, AL 36604
Property in Georgia Avenue
Sold Apr 14, 2010
$179,500
$173,217 by Regions Mortgage
Mortgage Due May 01, 2040
Sold May 13, 2005
$137,900
$110,300 by Coats & Company Inc
Mortgage Due Jun 01, 2020
12 Oakland Terrace has been categorized by the local assessors in Mobile, AL as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12 Oakland Terrace has 1,775 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 12,805 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12 Oakland Terrace was last sold in Apr 9, 2010 for $179,500. According to our calculations, that's $96.87 per sqft. Prior to that sales transaction, the property was sold for $137,900 in May 10, 2005. Current property owners are expected to pay $828 in taxes per year. The property on 12 Oakland Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,920. To break that down further, the land itself was valued at $3,250. While improvements to the property were assessed at a total of $10,670. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,805
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,853
  • Building Area: 1,853
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND TERRACE
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM AT PT ON W/S OAKLAND TER 259 FT SLY FROM SW INT OF OAKLAND TER & DAUPHIN ST DBK 156/97 TH SLY ALG W/S OAKLAND TER 90 FT

Ownership

  • Current Owner : MORROW DAVID GILES
  • Current Owner 2: MORROW DEBRA ANN LEACH
  • Previous Owner : DYE MICHAEL W
  • Previous Owner 2: DYE HILARY K
  • Owner Before Previous Owner: FRANKLIN KEITH B
  • Owner Before Previous Owner 2: FRANKLIN GWYNDOLINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 001001

Geography

  • Account Number: 00756195
  • Parcel: 29 06 40 0 009 335.XXX
  • Meridian: SEC 40 TWN 4S RNG 1W
  • Municipality: MOBILE
  • Latitude: 30.6866
  • Longitude: -88.0629

    Address

  • Full Address: 12 Oakland Ter
  • Address - House Number: 12
  • Address - Street Name: Oakland
  • Address - Suffix Type: Ter
  • State: AL
  • City Name: Mobile
  • Carrier Code: C003
  • 4-Digit Zip Code: 2517
  • Zip Code: 36604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $828

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 210,587
  • High Value: 312,310
  • Low Value: 108,863

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,217
  • First Open Lien Mortgage Lender: REGIONS MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 14, 2010
  • First Open Lien Mortgage Loan Amount: $173,217
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2040

    Market Valuation

  • Market Total Value: $139,200
  • Market Land Value: $32,500
  • Market Improvement Value: $106,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,920
  • Assessed Land Value: $3,250
  • Assessed Improvements Value: $10,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2010
  • Current Sale Recording Date: Apr 14, 2010
  • Current Sale Transaction ID: 1001232158
  • Current Sale Price: $179,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010019951
  • Previous Sale Recording Date: May 13, 2005
  • Previous Sale Contract Date: May 10, 2005
  • Previous Sale Amount: $137,900
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS MORTGAGE
  • First Mortgage Transaction Date: Apr 14, 2010
  • First Mortgage Loan Amount: $173,217
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: COATS & COMPANY INC
  • Previous Mortgage Transaction Date: May 13, 2005
  • Previous Mortgage Loan Amount: $110,300
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2020

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Frequently Asked Questions

What neighborhood is 12 Oakland Terrace located in?
The 12 Oakland Terrace is a located in the neighborhood of Georgia Avenue in Georgia Avenue, Mobile.
What is the average sales price for listings in 12 Oakland Terrace?
The average sales price for units in 12 Oakland Terrace is $0 currently.

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