Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,543
Per Month
Principal & Interest
$1,473
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$3
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$951
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Dodge Elementary School
2615 Longleaf Dr
Distance between this listing and this school1.83 miles
Public District Grades PK-5
7
/10
O'Rourke Elementary School
1975 Leroy Stevens Rd
Distance between this listing and this school2.66 miles
Public District Grades PK-5
4
/10
Griggs Elementary School
6001 Three Notch Rd
Distance between this listing and this school3.02 miles
Public District Grades PK-5
Nearby Schools
3
/10
Burns Middle School
6175 Girby Rd
Distance between this listing and this school1.11 miles
Public District Grades 6-8
10
/10
Denton Magnet School of Technology
3800 Pleasant Valley Rd
Distance between this listing and this school3.47 miles
Public Magnet Grades 6-8
7
/10
Causey Middle School
2205 McFarland Rd
Distance between this listing and this school3.88 miles
Public District Grades 6-8
Nearby Schools
4
/10
Davidson High School
3900 Pleasant Valley Rd
Distance between this listing and this school3.60 miles
Public District Grades 9-12
6
/10
Baker High School
8901 Airport Blvd
Distance between this listing and this school4.37 miles
Public District Grades 9-12
2
/10
Acceleration Day and Evening Academy
3100 Cottage Hill Rd
Distance between this listing and this school5.12 miles
The neighbors living near this home have an average income of $76,768. Residents of Mobile, AL typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2820 Woodmill Ln
What is the listing price of this property?
The listing price of 2820 Woodmill Ln property is $295,000.
What type of property is this?
The property 2820 Woodmill Ln is a house located in Mobile, Alabama, 36695.
Is this property for sale now?
Active Listing: 2820 Woodmill Ln is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 2820 Woodmill Ln has 4 bedrooms and 4 bathrooms.
Which year was this property built?
The year of construction for 2820 Woodmill Ln is 1979.
This home is located at 2820 Woodmill Ln in Mobile, AL and zip code 36695 in the Milkhouse neighborhood. This home, which was built in 1979, sits on a 0.32 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 22, 2023 and is currently priced at $295,000.
In October 2024, from all listings sold in Mobile, AL there were more than 7 sold above asking price, over 35 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Mobile, AL increased by 31.1% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.