5016 Somerset Drive West

5016 Somerset Drive West in Mobile, AL was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 2009. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5016 Somerset Drive West has 1,472 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 19,108 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. 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. 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. 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, 5016 Somerset Drive West sold most recently in Jan 19, 2021 for a total of $169,000. If you work out the math, that's approximately a cost of $113.42 per sqft. Before that, the property was also sold for $145,000 in May 25, 2018. 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 $764 in taxes each year. 5016 Somerset Drive West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,660. If we break it down further, the land itself was valued at $2,500. Improvements to the property, however, were assessed at a total of $12,160. 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. 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!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.