Large Location Icon

261 N Dearborn St; Mobile, AL Property Details

261 N Dearborn St, Mobile, AL is a Single Family that was built in 2024. This property is currently a cash purchase and is not for sale. Our records show that 261 N Dearborn St has 3 bedrooms, and 2 bathrooms, and a total of 1,420 square feet. The lot size of 261 N Dearborn St is 5,576 square feet.

Off market  •   Pre Probate ✓
261 N Dearborn St Mobile, AL 36603
$400,000 Listing Price
3 Beds
2 Baths
1,420 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2024
  • Purchase Price: $25,000
  • Open Loans / Balance: 1 / $201,984
  • Est. Equity / %: $201,016 / 49.88%
  • Gross Yield: 6.298%
  • APN: 29 06 40 0 003 150.005
  • Situs County: Mobile
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Concrete
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Gable Or Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,420/SqFt
  • Lot: 5,576/SqFt
  • Living: 1,420/SqFt
  • Building: 1,420/SqFt
  • Ground: 985/SqFt
  • Price Per Square Foot: $17.61

Legal Description

  • Description: LOT 5 DEARBORN PLACE SUBDIVISION IN 2020046668
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Mobile County School District
  • Lat / Lon: 30.693445 / -88.05271
  • Subdivision: Dearborn Place Subdivision
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6155
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

261 N Dearborn St has no associated ownership info
261 N Dearborn St has no associated ownership info.

Taxes

261 N Dearborn St has 10 associated Taxes items

261 N Dearborn St, Mobile, AL pays taxes in Mobile County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $25,000. The APN we've located for 261 N Dearborn St is 29 06 40 0 003 150.005.

Unlock the full report
Taxes
  • Assessed Value:  $25,000
  • Assessed Year:  2025
  • Assessed County:  Mobile
  • APN:  29 06 40 0 003 150.005
  • Assessed Land Value:  4600
  • Market Land Value:  23000
  • Tax Amount:  1597.5
  • Tax Year:  2025
  • Market Value:  125000
  • Market Year:  2025

Tax History

261 N Dearborn St has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,000 Land Value $4,600 Improvement Value $20,400 Tax Amount $1,597.5 Change Rate Assessed CR Tax Rate +0.0639%
Year 2024 Assessed Value $4,600 Land Value $4,600 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $5,780 Land Value $5,780 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $5,780 Land Value $5,780 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $5,780 Land Value $5,780 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate