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8503 Mimosa Lane

8503 Mimosa Lane, Mobile, AL 36619
Property in D'Iberville
Sold Oct 24, 2014
$236,627
$232,340 by Branch Banking And Trust Co
Mortgage Due Nov 01, 2044
Local assessors in Mobile, AL have categorized 8503 Mimosa Lane as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 20,865 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 8503 Mimosa Lane has a total of 2,318 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 776 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8503 Mimosa Lane sold most recently in Oct 21, 2014 for a total of $236,627. If you work out the math, that's approximately a cost of $82.71 per sqft. 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 $1,434 in taxes each year. 8503 Mimosa Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,920. If we break it down further, the land itself was valued at $4,280. Improvements to the property, however, were assessed at a total of $26,640. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Garage Type: Garage
  • Garage Square Area: 776
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,865
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,861
  • Building Area: 2,861
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,318
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEADWATERS UNIT TWO
  • Land Acres: 0.479
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20 HEADWATERS UNIT TWO MBK 123 PAGE 90

Ownership

  • Current Owner : RICHARDSON MICHAEL C
  • Current Owner 2: RICHARDSON KAREN D
  • Previous Owner : ADAMS HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 006804

Geography

  • Account Number: 04003851
  • Parcel: 34 01 11 0 000 002.024
  • Lot: 20
  • Meridian: SEC 11 TWN 5S RNG 3W
  • Municipality: COUNTY
  • Latitude: 30.6267
  • Longitude: -88.242

    Address

  • Full Address: 8503 Mimosa Ln
  • Address - House Number: 8503
  • Address - Street Name: Mimosa
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Mobile
  • Carrier Code: R016
  • 4-Digit Zip Code: 4017
  • Zip Code: 36619

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,434

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 53
  • Final Value: 317,336
  • High Value: 390,864
  • Low Value: 243,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,340
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 24, 2014
  • First Open Lien Mortgage Loan Amount: $232,340
  • 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, 2044

    Market Valuation

  • Market Total Value: $309,200
  • Market Land Value: $42,800
  • Market Improvement Value: $266,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,920
  • Assessed Land Value: $4,280
  • Assessed Improvements Value: $26,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2014
  • Current Sale Recording Date: Oct 24, 2014
  • Current Sale Transaction ID: 1423207397
  • Current Sale Price: $236,627
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014053304

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Oct 24, 2014
  • First Mortgage Loan Amount: $232,340
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2044

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8503 Mimosa Lane located in?
The 8503 Mimosa Lane is a located in the neighborhood of D'Iberville in D'Iberville, Mobile.
What is the average sales price for listings in 8503 Mimosa Lane?
The average sales price for units in 8503 Mimosa Lane is $0 currently.

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