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2050 Forest Lane

2050 Forest Lane, Mobile, AL 36605
House in Neshota
Sold Nov 17, 2020
$78,000
$76,587 by Embrace Home Loans Inc
Mortgage Due Dec 01, 2050
Sold Sep 14, 2015
$54,000
$54,000 by Compass Bank
Mortgage Due Oct 01, 2045
2050 Forest Lane 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 1990 and is 34 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2050 Forest Lane has 816 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,539 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 alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 2050 Forest Lane was last sold in Nov 12, 2020 for $78,000. According to our calculations, that's $44.78 per sqft. Prior to that sales transaction, the property was sold for $54,000 in Sep 1, 2015. Current property owners are expected to pay $517 in taxes per year. The property on 2050 Forest Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $9,030. To break that down further, the land itself was valued at $1,920. While improvements to the property were assessed at a total of $7,110. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,539
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,742
  • Building Area: 1,742
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LANE
  • Land Acres: 0.999
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6C FOREST LANE RESUB OF LOT 6&7 MBK 4 P 248 ON FOREST LANE #SEC 34 T5S R1W #MP32 04 34 0 004

Ownership

  • Current Owner : WILLIAMS ANGEL PAGE
  • Previous Owner : STRATTON PACITA
  • Previous Owner 2: BEAR PACITA LYNN
  • Owner Before Previous Owner: BROWN DEBRA F
  • Owner Before Previous Owner 2: HANBERG JASON P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 007400

Geography

  • Account Number: 03057220
  • Parcel: 32 04 34 0 004 009.001
  • Lot: 7,6C
  • Meridian: SEC 34 TWN 5S RNG 1W
  • Municipality: MOBILE
  • Latitude: 30.6319
  • Longitude: -88.0922

    Address

  • Full Address: 2050 Forrest Ln
  • Address - House Number: 2050
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Mobile
  • Carrier Code: C018
  • 4-Digit Zip Code: 3008
  • Zip Code: 36605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 64,718
  • High Value: 94,369
  • Low Value: 35,066

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $87,416
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $76,587
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 14, 2023
  • Second Open Lien Mortgage Loan Amount: $5,066
  • Second Open Lien Mortgage Term: 332
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Feb 08, 2024
  • Third Open Lien Mortgage Loan Amount: $5,763
  • Third Open Lien Mortgage Term: 321
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $90,300
  • Market Land Value: $19,200
  • Market Improvement Value: $71,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,030
  • Assessed Land Value: $1,920
  • Assessed Improvements Value: $7,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11802487040
  • Current Sale Price: $78,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020070469
  • Previous Sale Recording Date: Sep 14, 2015
  • Previous Sale Contract Date: Sep 01, 2015
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $76,587
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: Sep 14, 2015
  • Previous Mortgage Loan Amount: $54,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Neshota



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Frequently Asked Questions

What neighborhood is 2050 Forest Lane located in?
The 2050 Forest Lane is a house located in the neighborhood of Neshota in Neshota, Mobile.
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