2 months on rocket

401 Gaston St, Mobile, AL, 36603

$95,000

Home List Price

$1,128*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,600 SqFt
$59/SqFt
House

Location

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401 Gaston St, Mobile$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingOn Street
Year Built1904
HeatingElectric
ViewOther
MLS #369299
StatusActive

About 401 Gaston St

Rental Machine! Great investment opportunity. Home is already approved for section 8 housing, a reliable source of rental income with no hassle of tracking down rental payments. This home is conveniently located behind Bishop State Community College in Downtown Mobile and a short walk to the Family Dollar Store and Springhill Recreation Center. The home offers 4 bedrooms, 1 full bathroom, and 1 half bathroom. A separate den could be used as a 5th bedroom. The owners have made several upgrades to the property including new vinyl siding, granite countertops, vinyl plank flooring, new front porch, new back deck, and a new floor support system courtesy of AFS. The home needs some minor repairs, and seller will consider a concession to assist in the process. Sold as is, where is. Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Year Built: 1904
  • Stories: 1
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: eXp Realty Southern Branch
  • Office Phone: (888) 923-5547
  • Listing Agent: Eric Whitlow

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch Front, None

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: From the intersection of Water Street and Beauregard St, turn West onto Beauregard St. Turn right on Dr Martin Luther King Jr Ave. Turn left on Gaston Street. House will be on the corner on the right. From the intersection of Government St and Broad St, turn North on Broad St. Take a left on Martin Luther King Jr Ave just past Bishop State Community College. Turn left on Gaston St. House will be on the corner on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000
  • Price Per SqFt: $59/SqFt

Tax Information:

  • Annual Amount: $937
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mobile, AL.

Med. Sold Price

$245.2K

Med. Price/SqFt

$135

Avg. Days On Market

79

# of Sold Homes

67

401 Gaston St vs Mobile

69 DAYS ON ROCKET

-10 Days

$95,000

-$150.2K Less

$59/SqFt

-$76 Less

KEY TAKEAWAY

This property is $150.2K less than the Median Sold Price and $76/SqFt less than other homes in Mobile, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #369299

Listing Office:

  • Office Name: eXp Realty Southern Branch
  • Office Phone: (888) 923-5547
  • Listing Agent: Eric Whitlow

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 6:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 2020Home Sold
$83,000
Jan 24, 2020Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021$937$14,760
2019$298$4,700
2018$325$5,120
2017$325$5,120

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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.

Nearby Schools

school-card-donut-1250759
4
/10
  • Howard Elementary School

  • 957 Dr Martin L King Jr Ave

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-1250760
6
/10
  • Leinkauf Elementary School

  • 1410 Monroe St

  • 1.37 miles

  • Public District Grades PK-5

school-card-donut-1250761
10
/10
  • W H Council Traditional School

  • 751 Wilkinson St

  • 1.86 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,364. The most common annual income of people living in Mobile, AL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 Gaston St

What is the listing price of this property?

The listing price of 401 Gaston St property is $95,000.

What type of property is this?

The property 401 Gaston St is a house located in Mobile, Alabama, 36603.

Is this property for sale now?

Active Listing: 401 Gaston St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $937 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 14, 2020 for $83,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 401 Gaston St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 401 Gaston St is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Gaston St is 1904.

Rocket Homes›Alabama›Mobile County›Mobile›36603›401 Gaston St

This home is located at 401 Gaston St in Mobile, AL and zip code 36603 in the Owens neighborhood. This 1,600 square foot home was built in 1904. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $95,000.

While more than 9 listings in Mobile, AL in November 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 38 were sold below. The number of listings in Mobile, AL increased by 17.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $245,250, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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