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1563 Monterey Place

1563 Monterey Place, Mobile, AL 36604
Property in Hannon Park
Sold Jun 30, 2022
$295,000
$221,250 by First Federal Bank
Mortgage Due Jul 01, 2052
Sold Jun 08, 2017
$205,000
$194,750 by Regions Bank
Mortgage Due Jul 01, 2047
1563 Monterey Place 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 1990 and is 34 years old. Residents will have access to 2 full bathrooms. 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, 1563 Monterey Place has 1,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 12,422 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 are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a single fireplace in the home. Perfect for those wintery 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, 1563 Monterey Place sold most recently in Jun 29, 2022 for a total of $295,000. If you work out the math, that's approximately a cost of $167.14 per sqft. Before that, the property was also sold for $205,000 in Jun 7, 2017. 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 $1,330 in taxes each year. 1563 Monterey Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,830. If we break it down further, the land itself was valued at $4,380. Improvements to the property, however, were assessed at a total of $17,450. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,422
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,765
  • Building Area: 1,765
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTEREY PLACE
  • Land Acres: 0.285
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG AT PT ON S/L OF MONTEREY PL 358.8 FT WLY FROM SW COR OF MONTEREY PL & CATHERINE ST RUN TH WLY ALG S/L OF MONTEREY PL 75

Ownership

  • Current Owner : JOHNSON JAMES E
  • Previous Owner : JONES JOSEPH M
  • Previous Owner 2: JONES SUSAN T
  • Owner Before Previous Owner: KANGAL SEMIH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 000902

Geography

  • Account Number: 00816674
  • Parcel: 29 07 25 0 007 475.XXX
  • Meridian: SEC 25 TWN 4S RNG 1W
  • Municipality: MOBILE
  • Latitude: 30.6838
  • Longitude: -88.0752

    Address

  • Full Address: 1563 Monterey Pl
  • Address - House Number: 1563
  • Address - Street Name: Monterey
  • Address - Suffix Type: Pl
  • State: AL
  • City Name: Mobile
  • Carrier Code: C011
  • 4-Digit Zip Code: 1227
  • Zip Code: 36604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,330

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 283,684
  • High Value: 420,716
  • Low Value: 146,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $221,250
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2022
  • First Open Lien Mortgage Loan Amount: $221,250
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $218,300
  • Market Land Value: $43,800
  • Market Improvement Value: $174,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,830
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $17,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Transaction ID: 11891222894
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 44422
  • Previous Sale Recording Date: Jun 08, 2017
  • Previous Sale Contract Date: Jun 07, 2017
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: Jun 30, 2022
  • First Mortgage Loan Amount: $221,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jun 08, 2017
  • Previous Mortgage Loan Amount: $194,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Hannon Park



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Frequently Asked Questions

What neighborhood is 1563 Monterey Place located in?
The 1563 Monterey Place is a located in the neighborhood of Hannon Park in Hannon Park, Mobile.
What is the average sales price for listings in 1563 Monterey Place?
The average sales price for units in 1563 Monterey Place is $0 currently.

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