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259 South Cedar Street

259 South Cedar Street, Mobile, AL 36602
Sold Dec 28, 2021
$600,000
$570,000 by Renasant Bank
Mortgage Due Jan 01, 2052
Sold Oct 09, 2015
$310,000
$248,000 by Regions Bank
Mortgage Due Nov 01, 2045
259 South Cedar Street in Mobile, AL was first built in 1997 and is 27 years old. Although, the building on the property was most recently renovated and altered in 2006. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 259 South Cedar Street has 3,004 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 6,914 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 metal. For those who need parking, there is a garage. The garage is 704 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 15, 2021 for $600,000. That's $143.06 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2015 for $310,000. 259 South Cedar Street was last assessed in 2023. The total value of the property was assessed at $95,360. Specifically, the land the property is located on was valued at $9,000. While improvements on the property were assessed at a total of $86,360. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,065. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,914
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,194
  • Building Area: 4,194
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHURCH ST COMMUNITY DEVELOPMENT
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 RESUB OF BLK 311 WEST CHURCH ST COMMUNITY DEVELOPMENT MBK 54/120 #SEC 40 T4S R1W #MP29 06 40 0 011

Ownership

  • Current Owner : WILSON MICHAEL A
  • Previous Owner : THORNTON SIMON PETER
  • Previous Owner 2: THORNTON PAM
  • Owner Before Previous Owner: LOY DOROTHY YVONNE

Neighborhood

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

Geography

  • Account Number: 02422783
  • Parcel: 29 06 40 0 011 208.011
  • Block: 311
  • Lot: 11
  • Meridian: SEC 40 TWN 4S RNG 1W
  • Municipality: MOBILE
  • Latitude: 30.6842
  • Longitude: -88.046

    Address

  • Full Address: 259 S Cedar St
  • Legal Unit: Y
  • Address - House Number: 259
  • Street Direction: S
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: AL
  • City Name: Mobile
  • Carrier Code: C003
  • 4-Digit Zip Code: 1907
  • Zip Code: 36602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,065

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 351,351
  • High Value: 521,069
  • Low Value: 181,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $476,800
  • Market Land Value: $45,000
  • Market Improvement Value: $431,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,360
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $86,360

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11875961407
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021084972
  • Previous Sale Recording Date: Oct 09, 2015
  • Previous Sale Contract Date: Oct 08, 2015
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Oct 09, 2015
  • Previous Mortgage Loan Amount: $248,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Central Business District



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Frequently Asked Questions

What neighborhood is 259 South Cedar Street located in?
The 259 South Cedar 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 259 South Cedar Street?
The average sales price for units in 259 South Cedar Street is $0 currently.

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