1 month on rocket

510 Iowa Ave, Mobile, AL, 36610

$56,000

Home List Price

$665*

Closing Credit

3 Bedrooms
1 Full Bath
1,450 SqFt
$39/SqFt
House

Location

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510 Iowa Ave, Mobile$56,000

Buyer Closing Credits

$665*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1983
HeatingElectric
MLS #366926
Lot Size0.11 Acres
StatusActive

About 510 Iowa Ave

Attention investors! This well-maintained 3-bedroom, 1-bathroom gem is primed and ready to add to your portfolio. Featuring recent upgrades including newer electrical, plumbing, HVAC system, and a hot water heater, this property is designed for worry-free ownership. Step inside to discover modern updates throughout, with a refreshed bathroom and updated kitchen cabinets and fixtures that offer both style and functionality. The newer laundry hookups add convenience for tenants, and the fresh front porch deck boards provide a welcoming entrance. It includes a metal roof less than 8 years old. With all the major components updated and a solid foundation of recent renovations, this home is a fantastic opportunity for steady rental income. It’s move-in ready, making it an ideal choice for tenants seeking comfort and reliability. All updates per seller and measurements to be verified by Buyer and Buyers agent. Priced to sell and positioned to generate rental income quickly, this property won’t last long. Schedule a viewing today—you won't want to miss out on this exceptional investment opportunity! Private: Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,450 SqFt

Listing Office:

  • Office Name: IXL Real Estate-Eastern Shore
  • Office Phone: (334) 301-2854
  • Listing Agent: Lisa Larkin

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Tile, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: Head east on E Prichard Ave toward Service St ? 0.3 mi Turn left onto N Dr Martin L King Jr Dr/Martin Luther King Jr Dr ? 0.5 mi Turn right onto Birmingham St/Edwards St ? 0.4 mi Turn left onto Iowa Ave Destination will be on the right ? 125 ft 510 Iowa Ave Prichard, AL 36610

Price Information

Listing Price Info

Price Summary:

  • List Price: $56,000
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $322
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$240.9K

Med. Price/SqFt

$135

# of Sold Homes

52

510 Iowa Ave vs Mobile

59 DAYS ON ROCKET

$56,000

-$184.9K Less

$39/SqFt

-$97 Less

KEY TAKEAWAY

This property is $184.9K less than the Median Sold Price and $97/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: #366926

Listing Office:

  • Office Name: IXL Real Estate-Eastern Shore
  • Office Phone: (334) 301-2854
  • Listing Agent: Lisa Larkin

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: 10/22/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2017Home Sold
$15,000
Nov 09, 2012Home Sold
$12,000
Dec 23, 2005Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$322$5,240
2019$86$2,320
2018$285$4,640
2017$285$4,640

History based on county public records data.

Payment Calculator

$347

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$234

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-540033
4
/10
  • Whitley Elementary School

  • 528 Capt Leon C Roberts St

  • 0.14 miles

  • Public District Grades PK-5

school-card-donut-540034
6
/10
  • Grant Elementary School

  • 535 Easterling St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-540035
6
/10
  • Chickasaw Elementary School

  • 50 12th Ave

  • 1.31 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,310. The most common annual income of people living in Mobile, AL is less than $35k. Typical family type is single, no kids. Typical level of education for residents 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 510 Iowa Ave

What is the listing price of this property?

The listing price of 510 Iowa Ave property is $56,000.

What type of property is this?

The property 510 Iowa Ave is a house located in Mobile, Alabama, 36610.

Is this property for sale now?

Active Listing: 510 Iowa Ave 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 $322 (source: MLS/based on county public records data).

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

The last sale was on August 21, 2017 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 510 Iowa Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 510 Iowa Ave is 1,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Iowa Ave is 1983.

Rocket HomesAlabamaMobile CountyMobile36610510 Iowa Ave

This home is located at 510 Iowa Ave in Mobile, AL and zip code 36610. This 1,450 square foot home, which was built in 1983, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $56,000.

Mobile, AL housing market in September 2024 saw over 10 listings sold above listed price, more than 13 sold at listed price and over 29 sold below. The inventory of homes for sale in Mobile, AL between August 2024 and September 2024 increased by 24.8%.

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

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