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555 Farnell Lane

555 Farnell Lane, Mobile, AL 36606
Property in Brookwood
Sold Nov 05, 2009
$106,374
$104,374 by Magnolia Mortgage Company Llc
Mortgage Due Nov 01, 2039
Sold Dec 16, 2004
$78,000
$40,000 by Compass Bank
Mortgage Due Jan 01, 2035
555 Farnell 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 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1992. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 555 Farnell Lane has 1,443 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 43,560 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. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. 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. The property was last sold in Nov 3, 2009 for $106,374. That's $70.68 per sqft. Prior to that sales transaction, the property was also sold in Dec 13, 2004 for $78,000. 555 Farnell Lane was last assessed in 2023. The total value of the property was assessed at $10,020. Specifically, the land the property is located on was valued at $1,000. While improvements on the property were assessed at a total of $9,020. 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 $579. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1959
  • Effective Year Built: 1992
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Parquet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,505
  • Building Area: 1,505
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,443
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSSWOOD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 27 BLK A ROSSWOOD SUB MBK 8 P 248 #SEC 30 T7S R1W #MP29 09 30 3 001

Ownership

  • Current Owner : PEREZ RAMOS RAUL FERMIN
  • Current Owner 2: AGUILAR MARICEL E LOPEZ
  • Previous Owner : YU YIU CHUNG
  • Previous Owner 2: LAI KIN MUI
  • Owner Before Previous Owner: FORD GLEN A
  • Owner Before Previous Owner 2: FORD CONNIE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 002900

Geography

  • Account Number: 00880078
  • Parcel: 29 09 30 3 001 002.XXX
  • Block: A
  • Lot: 27
  • Meridian: SEC 30 TWN 7S RNG 1W
  • Municipality: MOBILE
  • Latitude: 30.6676
  • Longitude: -88.1145

    Address

  • Full Address: 555 Farnell Ln
  • Address - House Number: 555
  • Address - Street Name: Farnell
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Mobile
  • Carrier Code: C018
  • 4-Digit Zip Code: 4932
  • Zip Code: 36606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $579

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 174,547
  • High Value: 258,861
  • Low Value: 90,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,374
  • First Open Lien Mortgage Lender: MAGNOLIA MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Nov 05, 2009
  • First Open Lien Mortgage Loan Amount: $104,374
  • 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: Nov 01, 2039

    Market Valuation

  • Market Total Value: $100,200
  • Market Land Value: $10,000
  • Market Improvement Value: $90,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,020
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $9,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2009
  • Current Sale Recording Date: Nov 05, 2009
  • Current Sale Transaction ID: 1001244065
  • Current Sale Price: $106,374
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009069548
  • Previous Sale Recording Date: Dec 16, 2004
  • Previous Sale Contract Date: Dec 13, 2004
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MAGNOLIA MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Nov 05, 2009
  • First Mortgage Loan Amount: $104,374
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: Dec 16, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2035

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Frequently Asked Questions

What neighborhood is 555 Farnell Lane located in?
The 555 Farnell Lane is a located in the neighborhood of Brookwood in Brookwood, Mobile.
What is the average sales price for listings in 555 Farnell Lane?
The average sales price for units in 555 Farnell Lane is $0 currently.

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