2 months on rocket

509 Telegraph Rd, Mobile, AL, 36610

$125,000

Home List Price

$1,484*

Closing Credit

9 Bedrooms
4 Full Baths, 1 Partial
House

Location

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509 Telegraph Rd, Mobile$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
HeatingOther
CoolingOther
WaterfrontNone
FireplaceNone
ViewOther
MLS #7480043
Lot Size1.14 Acres
StatusActive

About 509 Telegraph Rd

Calling all investors. This is a nine bedroom, four bath home located on Telegraph Road, and within minutes from downtown Mobile. This property was once used as a senior citizen retirement home. This home needs a lot of repair work; however, it is a good opportunity for the right investor. This home is sold in "As Is" condition. The Seller is very motivated.

Property Details

Property Features

Listing Office:

  • Office Name: Mount Eagle Realty
  • Listing Agent: George Mcalman

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No
  • Flooring Type: Other
  • Interior: High Ceilings 9 ft Main
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other
  • Exterior: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot
  • Lot Size: 1.14 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $642
  • Tax Year: 2021
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Housing Market Comparison

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

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Mobile, AL

City

Med. Sold Price

$245.2K

Med. Price/SqFt

$135

Avg. Days On Market

79

# of Sold Homes

67

509 Telegraph Rd vs Mobile

60 DAYS ON ROCKET

-19 Days

$125,000

-$120.2K Less

KEY TAKEAWAY

This property is $120.2K less than the Median Sold Price in Mobile, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: GCMLS2
  • MLS Number: #7480043

Listing Office:

  • Office Name: Mount Eagle Realty
  • Listing Agent: George Mcalman

Information is provided by Gulf Coast Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2024 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$642$20,860
2019$640$10,420
2018$640$10,420
2017$641$10,420

History based on county public records data.

Payment Calculator

$691

Per 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.

Nearby Schools

school-card-donut-2245022
3
/10

  • Whitley Elementary School

  • 528 Capt Leon C Roberts St

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-2245023
4
/10

  • Grant Elementary School

  • 535 Easterling St

  • 1.40 miles

  • Public District Grades KG-5

school-card-donut-2245024
8
/10

  • Chickasaw City Elementary School

  • 80 Grant St

  • 1.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,310. Most Mobile, AL residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Mobile, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Mobile, AL.

Mobile's housing market offers a diverse array of options, with single-family homes being a significant portion of the landscape. Architectural styles range from historic antebellum to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes dating back to the early 20th century and newer constructions that cater to modern tastes. The homeownership rate in Mobile is robust, with a substantial percentage of residents owning their homes, while the remainder of the population opts for rental opportunities.

What is it like to live in Mobile, AL?

Mobile prides itself on its vibrant history and cultural richness, with annual events like the Mardi Gras celebration, which is deeply ingrained in the city's identity. The community's character is further defined by its scenic downtown area, lined with oak-shaded streets and historic buildings, offering residents and visitors a blend of southern charm and urban convenience.

Is it easy to get around Mobile, AL without a car?

The city of Mobile is equipped with a range of essential services to meet the needs of its residents. The educational system includes numerous public and private schools, with a variety of options for all age groups. Healthcare is well-represented with several hospitals providing a wide range of services from emergency care to specialized treatments. The public library system is extensive, supporting the community's educational and cultural pursuits. Retail and dining experiences are plentiful, showcasing local flavors and international cuisine, reflecting the diverse culture of Mobile.

Transportation in Mobile, AL.

Transportation in Mobile is facilitated by a network of roads and highways, including Interstate 10 and Interstate 65, which provide efficient routes for commuting and travel. Public transit is available, with bus services covering various routes throughout the city. The downtown area is particularly pedestrian-friendly, encouraging walking and biking. Ride-sharing services are also operational in Mobile, offering an alternative mode of transportation for residents and visitors alike.

Frequently Asked Questions About 509 Telegraph Rd

What is the listing price of this property?

The listing price of 509 Telegraph Rd property is $125,000.

What type of property is this?

The property 509 Telegraph Rd is a house located in Mobile, Alabama, 36610.

Is this property for sale now?

Active Listing: 509 Telegraph 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 $642 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 509 Telegraph Rd has 9 bedrooms and 4 full and 1 half bathrooms.

Rocket Homes›Alabama›Mobile County›Mobile›36610›509 Telegraph Rd

This home is located at 509 Telegraph Rd in Mobile, AL and zip code 36610. This home sits on a 1.14 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $125,000.

In November 2024, from all listings sold in Mobile, AL there were more than 9 sold above asking price, over 38 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Mobile, AL between October 2024 and November 2024 increased by 17.4%. Listings spent 79 days on the market in November 2024, and had a median list price of $245,250 during the same period.

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

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