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505 Palmetto St; Mobile, AL Property Details

505 Palmetto St, Mobile, AL is a Single Family that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 505 Palmetto St has 2 bathrooms, and a total of 1,450 square feet. The lot size of 505 Palmetto St is 7,391 square feet.

Off market
505 Palmetto St Mobile, AL 36603
$6,430 Estimated Value
2 Baths
1,450 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1973
  • Purchase Price: $63,000
  • Est. Equity / %: $136,000 / 100%
  • Gross Yield: 5.762%
  • APN: 29 06 39 0 002 066.XXX
  • Situs County: Mobile
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,450/SqFt
  • Lot: 7,391/SqFt
  • Living: 1,450/SqFt
  • Building: 1,450/SqFt
  • Ground: 1,450/SqFt
  • Price Per Square Foot: $43.45

Legal Description

  • Description: LOT 2 BLK 15-D UNIT 4 MAP N O 1 CENTRAL TEXAS ST AREA M BK 20 P 116 #SEC 39 T4S R1W #MP29 06 39 0 002
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: 30.68244 / -88.04582
  • Subdivision: Central Texas Two
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1820
  • Cooling: Yes
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

505 Palmetto St has no associated ownership info
505 Palmetto St has no associated ownership info.

Taxes

505 Palmetto St has 10 associated Taxes items

505 Palmetto 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 $6,430. The APN we've located for 505 Palmetto St is 29 06 39 0 002 066.XXX.

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Taxes
  • Assessed Value:  $6,430
  • Assessed Year:  2025
  • Assessed County:  Mobile
  • APN:  29 06 39 0 002 066.XXX
  • Assessed Land Value:  640
  • Market Land Value:  6400
  • Tax Amount:  351.94
  • Tax Year:  2025
  • Market Value:  64300
  • Market Year:  2025

Tax History

505 Palmetto St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,430 Land Value $640 Improvement Value $5,790 Tax Amount $351.94 Change Rate -0.126136% Assessed CR Tax Rate +0.054734%
Year 2024 Assessed Value $7,230 Land Value $960 Improvement Value $6,270 Tax Amount $402.74 Change Rate Assessed CR Tax Rate +0.055704%
Year 2023 Assessed Value $6,990 Land Value $970 Improvement Value $6,020 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $6,900 Land Value $880 Improvement Value $6,020 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $6,900 Land Value $880 Improvement Value $6,020 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $6,900 Land Value $880 Improvement Value $6,020 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $6,280 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $6,280 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $6,280 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $6,780 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $6,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate