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62 Ridgelawn Drive East

62 Ridgelawn Drive East, Mobile, AL 36608
Property in Parkhill
Sold Feb 19, 2021
$1,005,000
$800,000 by Bancorpsouth Bank
Mortgage Due Mar 01, 2051
Sold Mar 09, 2020
$355,000
62 Ridgelawn Drive East in Mobile, AL was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 62 Ridgelawn Drive East has 4,799 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 12,825 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. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. The property was last sold in Feb 18, 2021 for $1,005,000. That's $194.47 per sqft. Prior to that sales transaction, the property was also sold in Mar 2, 2020 for $355,000. 62 Ridgelawn Drive East was last assessed in 2023. The total value of the property was assessed at $80,870. Specifically, the land the property is located on was valued at $12,500. While improvements on the property were assessed at a total of $68,370. 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 $5,079. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1987
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Marble
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,825
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,168
  • Building Area: 5,168
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,799
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITEFORD SUBDIVISION
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 WHITEFORD SQUARE MBK 36/50 #SEC 14 T4S R2W #MP28 06 14 3 001

Ownership

  • Current Owner : STONE GRANT
  • Current Owner 2: STONE LAUREN
  • Previous Owner : M & B BUILDERS LLC
  • Owner Before Previous Owner: WALKER ANNIE SUE BRANNAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Also known as (A/K/A)

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 003501

Geography

  • Account Number: 01894043
  • Parcel: 28 06 14 3 001 088.002
  • Lot: 3
  • Meridian: SEC 14 TWN 4S RNG 2W
  • Municipality: MOBILE
  • Latitude: 30.695
  • Longitude: -88.1536

    Address

  • Full Address: 62 Ridgelawn Dr E
  • Address - House Number: 62
  • Street Segment Direction: E
  • Address - Street Name: Ridgelawn
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Mobile
  • Carrier Code: C015
  • 4-Digit Zip Code: 6116
  • Zip Code: 36608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,079

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 829,276
  • High Value: 1,229,853
  • Low Value: 428,698

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Feb 19, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • Second Open Lien Mortgage Recording Date: Jan 20, 2023
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $808,700
  • Market Land Value: $125,000
  • Market Improvement Value: $683,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,870
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $68,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Transaction ID: 11823889592
  • Current Sale Price: $1,005,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021010151
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Mar 02, 2020
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Feb 19, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Parkhill



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Frequently Asked Questions

What neighborhood is 62 Ridgelawn Drive East located in?
The 62 Ridgelawn Drive East is a located in the neighborhood of Parkhill in Parkhill, Mobile.
What is the average sales price for listings in 62 Ridgelawn Drive East?
The average sales price for units in 62 Ridgelawn Drive East is $0 currently.

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