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505 Tradition Way

505 Tradition Way, Mobile, AL 36609
House in Airmont
505 Tradition Way in Mobile, AL was first built in 1986 and is 40 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 505 Tradition Way has 1,131 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 8,323 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . For those who need parking, there is a . There is one available parking space. The exterior walls of the home are made of . While the interior walls are made of . 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 . As for heating, the home is utilizing . 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, 505 Tradition Way sold most recently in Jun 8, 2023 for a total of $139,000. If you work out the math, that's approximately a cost of $113.38 per sqft. Before that, the property was also sold for $38,200 in Sep 26, 2013. 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 $73,771 in taxes each year. 505 Tradition Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,460. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $8,460. 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.

Building Features

Parking

Carport

Driveway

Driveway

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230314
03/14/2023
3 Bed
1.5 Bath
-
$139,900
bedrooms
3 Bed
bathrooms
1.5 Bath
-
-
Bill Hinton
ROBERTS BROTHERS WEST
20220516
05/16/2022
3 Bed
2 Bath
-
$149,900
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Bill Hinton
ROBERTS BROTHERS WEST


Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 10
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,323
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,226
  • Building Area: 1,226
  • Building Area Measurement: J

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,131
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE ESTS
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: LOT 67 HERITAGE ESTS MBK 12 P 27 #SEC 25 T4S R2W #MP28 07 25 3 000

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 003205

Geography

  • Account Number: 00557016
  • Parcel: 28 07 25 3 000 017.XXX
  • Lot: 67
  • Meridian: SEC 25 TWN 4S RNG 2W
  • Municipality: MOBILE
  • Latitude: 30.6626
  • Longitude: -88.1391

    Address

  • Full Address: 505 Tradition Way
  • Address - House Number: 505
  • Address - Street Name: Tradition
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Mobile
  • Carrier Code: C016
  • 4-Digit Zip Code: 4552
  • Zip Code: 36609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $73,771

    Appraisal Valuation

  • Standard Deviation: 0.1335
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 84
  • Final Value: 145,510
  • High Value: 164,949
  • Low Value: 126,072

    Market Valuation

  • Market Total Value: $57,300
  • Market Land Value: $15,000
  • Market Improvement Value: $42,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,460
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $8,460

    Sales

  • Current Sale Contract Date: Jun 08, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35368
  • Previous Sale Recording Date: Oct 08, 2013
  • Previous Sale Contract Date: Sep 26, 2013
  • Previous Sale Amount: $38,200
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Airmont



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Frequently Asked Questions

What neighborhood is 505 Tradition Way located in?
The 505 Tradition Way is a house located in the neighborhood of Airmont in Airmont, Mobile.
What is the average sales price for listings in 505 Tradition Way?
The average sales price for units in 505 Tradition Way is $0 currently.

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