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202 State Street

202 State Street, Mobile, AL 36603
Sold Nov 03, 2021
$375,000
$360,000 by First Horizon Bank
Mortgage Due Mar 01, 2052
Sold Jun 06, 2001
$7,600
Local assessors in Mobile, AL have categorized 202 State Street as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 6,098 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 202 State Street has a total of 1,384 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. The building has a gable or hip style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 202 State Street was last sold in Oct 18, 2021 for $375,000. According to our calculations, that's $206.61 per sqft. Prior to that sales transaction, the property was sold for $7,600 in May 31, 2001. Current property owners are expected to pay $1,110 in taxes per year. The property on 202 State Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,010. To break that down further, the land itself was valued at $3,050. While improvements to the property were assessed at a total of $16,960. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2005
  • Effective Year Built: 2010
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,815
  • Building Area: 1,815
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MADDEN-COCHRAN S/D
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 MADDEN-COCHRAN S/D MBK 103/12 #SEC 40 T4S R1W #MP29 06 40 0 002

Ownership

  • Current Owner : MANNING DONALD O
  • Current Owner 2: CASARONA CHARLES A
  • Previous Owner : COCHRAN WANDA J
  • Previous Owner 2: MADDEN ARTHUR JOHN
  • Owner Before Previous Owner: CITY OF MOBILE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 000200

Geography

  • Account Number: 01467406
  • Parcel: 29 06 40 0 002 051.XXX
  • Lot: 2
  • Meridian: SEC 40 TWN 4S RNG 1W
  • Municipality: MOBILE
  • Latitude: 30.6957
  • Longitude: -88.045

    Address

  • Full Address: 202 State St
  • Address - House Number: 202
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: AL
  • City Name: Mobile
  • Carrier Code: C016
  • 4-Digit Zip Code: 6423
  • Zip Code: 36603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,110

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 266,866
  • High Value: 395,774
  • Low Value: 137,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $200,100
  • Market Land Value: $30,500
  • Market Improvement Value: $169,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,010
  • Assessed Land Value: $3,050
  • Assessed Improvements Value: $16,960

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11863605986
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021072674
  • Previous Sale Recording Date: Jun 06, 2001
  • Previous Sale Contract Date: May 31, 2001
  • Previous Sale Amount: $7,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DANNY MANNING
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Central Business District



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Nearby Rentals

Unit for rent at

$1,100 /mo

  • 2 Beds
  • 2.5 Baths
Listing by John Napper

Frequently Asked Questions

What neighborhood is 202 State Street located in?
The 202 State Street is a located in the neighborhood of Central Business District in Central Business District, Mobile.
What is the average sales price for listings in 202 State Street?
The average sales price for units in 202 State Street is $0 currently.

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