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1216 Oak Lane Drive

1216 Oak Lane Drive, Mobile, AL 36618
Property in Pine Grove
Sold Apr 04, 2017
$22,000
$18,000 by Commonwealth National Bank
Mortgage
Sold Dec 30, 2016
Transfer
1216 Oak Lane Drive in Mobile, AL was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1216 Oak Lane Drive has 1,366 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,337 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a carport. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1216 Oak Lane Drive sold most recently in Mar 14, 2017 for a total of $22,000. If you work out the math, that's approximately a cost of $16.06 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $300 in taxes each year. 1216 Oak Lane Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,610. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $4,610. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,337
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,370
  • Building Area: 1,370
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,366
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK LANE SUBDIV
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLK 3 OAK LANE SUBDIV MBK 9 P 22 #SEC 12 T4S R2W #MP2 01 12 2 002

Ownership

  • Current Owner : SARGENT CRYSTAL D
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: BARTON KIMBERLY
  • Owner Before Previous Owner 2: BARTON JAMES E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 003406

Geography

  • Account Number: 00437986
  • Parcel: 28 01 12 2 002 080.XXX
  • Block: 3
  • Lot: 3
  • Meridian: SEC 12 TWN 4S RNG 2W
  • Municipality: MOBILE
  • Latitude: 30.7146
  • Longitude: -88.1351

    Address

  • Full Address: 1216 Oak Lane Cir W
  • Address - House Number: 1216
  • Street Segment Direction: W
  • Address - Street Name: Oak Lane
  • Address - Suffix Type: Cir
  • State: AL
  • City Name: Mobile
  • Carrier Code: C002
  • 4-Digit Zip Code: 1237
  • Zip Code: 36618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $300

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 133,794
  • High Value: 198,422
  • Low Value: 69,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $18,000
  • First Open Lien Mortgage Lender: COMMONWEALTH NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 04, 2017
  • First Open Lien Mortgage Loan Amount: $18,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $56,100
  • Market Land Value: $10,000
  • Market Improvement Value: $46,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,610
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $4,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2017
  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Transaction ID: 1812062371
  • Current Sale Price: $22,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2017018647
  • Previous Sale Recording Date: Dec 30, 2016
  • Previous Sale Contract Date: Dec 14, 2016
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH NATIONAL BANK
  • First Mortgage Transaction Date: Apr 04, 2017
  • First Mortgage Loan Amount: $18,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Pine Grove



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Frequently Asked Questions

What neighborhood is 1216 Oak Lane Drive located in?
The 1216 Oak Lane Drive is a located in the neighborhood of Pine Grove in Pine Grove, Mobile.
What is the average sales price for listings in 1216 Oak Lane Drive?
The average sales price for units in 1216 Oak Lane Drive is $0 currently.

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