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816 Parkwood Drive West

816 Parkwood Drive West, Mobile, AL 36608
Property in Overlook
Sold Aug 05, 2016
$95,000
$86,996 by Embrace Home Loans Inc
Mortgage Due Aug 01, 2046
Sold Sep 16, 2014
$45,000
Local assessors in Mobile, AL have categorized 816 Parkwood Drive West as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 43,560 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 816 Parkwood Drive West has a total of 1,782 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 816 Parkwood Drive West sold most recently in Jul 27, 2016 for a total of $95,000. If you work out the math, that's approximately a cost of $51.41 per sqft. Before that, the property was also sold for $45,000 in Sep 9, 2014. 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 $677 in taxes each year. 816 Parkwood Drive West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,550. If we break it down further, the land itself was valued at $1,820. Improvements to the property, however, were assessed at a total of $9,730. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK FOREST ESTS 7TH ADD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 PARK FOREST ESTS 7TH ADD MBK 19 P 11 #SEC 9 T4S R2W #MP28 02 09 3 003

Ownership

  • Current Owner : MARTIN LONA B
  • Previous Owner : RHF INVESTMENTS LLC
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 003608

Geography

  • Account Number: 00460628
  • Parcel: 28 02 09 3 003 029.XXX
  • Lot: 8
  • Meridian: SEC 09 TWN 4S RNG 2W
  • Municipality: MOBILE
  • Latitude: 30.7066
  • Longitude: -88.1897

    Address

  • Full Address: 816 Parkwood Dr W
  • Address - House Number: 816
  • Street Segment Direction: W
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Mobile
  • Carrier Code: C019
  • 4-Digit Zip Code: 6020
  • Zip Code: 36608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $677

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 188,686
  • High Value: 279,829
  • Low Value: 97,542

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $90,029
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2016
  • First Open Lien Mortgage Loan Amount: $86,996
  • 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: Aug 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jul 14, 2023
  • Second Open Lien Mortgage Loan Amount: $3,033
  • Second Open Lien Mortgage Term: 326
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $115,500
  • Market Land Value: $18,200
  • Market Improvement Value: $97,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,550
  • Assessed Land Value: $1,820
  • Assessed Improvements Value: $9,730

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2016
  • Current Sale Recording Date: Aug 05, 2016
  • Current Sale Transaction ID: 1758347892
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016042834
  • Previous Sale Recording Date: Sep 16, 2014
  • Previous Sale Contract Date: Sep 09, 2014
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Aug 05, 2016
  • First Mortgage Loan Amount: $86,996
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2046

About Overlook



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Frequently Asked Questions

What neighborhood is 816 Parkwood Drive West located in?
The 816 Parkwood Drive West is a located in the neighborhood of Overlook in Overlook, Mobile.
What is the average sales price for listings in 816 Parkwood Drive West?
The average sales price for units in 816 Parkwood Drive West is $0 currently.

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