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5055 Olivedale Drive

5055 Olivedale Drive, Mobile, AL 36609
Property in Greenwich Hills
Sold Aug 12, 2021
$171,000
$167,902 by Mortgage Research Center Llc
Mortgage Due Jun 01, 2051
Sold Oct 12, 2015
$109,000
$112,597 by Mortgage Research Center Llc
Mortgage Due Nov 01, 2045
5055 Olivedale Drive in Mobile, AL was first built in 1988 and is 36 years old. 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. 5055 Olivedale Drive has 2,148 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 43,560 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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, 5055 Olivedale Drive sold most recently in May 27, 2021 for a total of $171,000. If you work out the math, that's approximately a cost of $78.51 per sqft. Before that, the property was also sold for $109,000 in Oct 9, 2015. 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 $932 in taxes each year. 5055 Olivedale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,570. If we break it down further, the land itself was valued at $1,200. Improvements to the property, however, were assessed at a total of $14,370. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Exterior

Hardboard Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • 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: Floating floor/laminate
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,178
  • Building Area: 2,178
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE ESTS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK A CAMBRIDGE ESTS SECT B MBK 14 P 50 #SEC 38 T4S R2W #MP28 08 38 4 002

Ownership

  • Current Owner : WHITE LARRY
  • Previous Owner : WALKER PATRICK E
  • Previous Owner 2: MISTICH BRITTANY MICHELLE
  • Owner Before Previous Owner: THOMAS JAMES D
  • Owner Before Previous Owner 2: THOMAS EDWINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 003202

Geography

  • Account Number: 00611760
  • Parcel: 28 08 38 4 002 101.XXX
  • Block: A
  • Lot: 9
  • Meridian: SEC 38 TWN 4S RNG 2W
  • Municipality: MOBILE
  • Latitude: 30.6583
  • Longitude: -88.1588

    Address

  • Full Address: 5055 Olivedale Dr
  • Address - House Number: 5055
  • Address - Street Name: Olivedale
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Mobile
  • Carrier Code: C020
  • 4-Digit Zip Code: 6044
  • Zip Code: 36609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $932

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 125,428
  • High Value: 186,015
  • Low Value: 64,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,902
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $167,902
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $155,700
  • Market Land Value: $12,000
  • Market Improvement Value: $143,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,570
  • Assessed Land Value: $1,200
  • Assessed Improvements Value: $14,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11853814899
  • Current Sale Price: $171,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021052454
  • Previous Sale Recording Date: Oct 12, 2015
  • Previous Sale Contract Date: Oct 09, 2015
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $167,902
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Oct 12, 2015
  • Previous Mortgage Loan Amount: $112,597
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Greenwich Hills



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Frequently Asked Questions

What neighborhood is 5055 Olivedale Drive located in?
The 5055 Olivedale Drive is a located in the neighborhood of Greenwich Hills in Greenwich Hills, Mobile.
What is the average sales price for listings in 5055 Olivedale Drive?
The average sales price for units in 5055 Olivedale Drive is $0 currently.

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