Discover the potential of this expansive, undeveloped 3+ acre property, ideally situated just minutes from the University of South Alabama! Whether you?re looking to build your dream home or launch a commercial venture, this versatile land offers the perfect canvas.
Property Details
Property Features
Listing Office:
Office Name: Better Homes & Gardens RE Platinum Properties
Listing Agent: Norma Saybe
Exterior Features
Exterior Information:
Waterfront: None
View: City
Lot Features
Lot Information:
Lot: Level
Lot Size: 3.13 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Tax Information:
Annual Amount: $278
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mobile, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
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)
$0
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
$441
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
3
/10
Forest Hill Elementary School
4501 Moffett Rd
Distance between this listing and this school0.53 miles
Public District Grades PK-5
3
/10
John Will Elementary School
5750 Summit Ave
Distance between this listing and this school1.28 miles
Public District Grades PK-5
7
/10
Mary B. Austin Elementary School
150 Provident Ln
Distance between this listing and this school1.73 miles
Public District Grades KG-5
Nearby Schools
6
/10
Scarborough Middle School
1800 Phillips Ln
Distance between this listing and this school0.86 miles
Public District Grades 6-8
10
/10
Clarkshaw Magnet School
5960 Arlberg St
Distance between this listing and this school1.69 miles
Public Magnet Grades 5-8
1
/10
The Pathway
2161 Butler St
Distance between this listing and this school2.40 miles
Public District Grades KG-8
Nearby Schools
4
/10
Davidson High School
3900 Pleasant Valley Rd
Distance between this listing and this school3.91 miles
Public District Grades 9-12
2
/10
Leflore High School
700 Donald St
Distance between this listing and this school4.07 miles
Public Magnet Grades 9-12
2
/10
Acceleration Day and Evening Academy
3100 Cottage Hill Rd
Distance between this listing and this school4.09 miles
The neighbors living near this home have an average income of $47,171. The most common annual income of people living in Mobile, AL is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4827 Overlook Rd
What is the listing price of this property?
The listing price of 4827 Overlook Rd property is $125,000.
What type of property is this?
The property 4827 Overlook Rd is land located in Mobile, Alabama, 36618.
Is this property for sale now?
Active Listing: 4827 Overlook Rd 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 $278 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4827 Overlook Rd in Mobile, AL and zip code 36618 in the Bellewood neighborhood. This home sits on a 3.13 acre lot. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $125,000.
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 inventory of homes for sale in Mobile, AL between September 2024 and October 2024 increased by 31.1%.
From Rocket Homes Real Estate and based on county public records data.
Horse Races
Horse Races
College Basketball
Soccer
Stein Mart
Dillards
Burlington
LongHorn Steakhouse
Logan's Roadhouse
Wingstop
Buick
Hyundai
Nissan
Contemporary Inspirational
Rock
Christian Adult Contemporary