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507 Monroe St; Mobile, AL Property Details

507 Monroe St, Mobile, AL is a Single Family that was built in 1992. This property is currently a cash purchase and is not for sale. Our records show that 507 Monroe St has 4 bedrooms, and 2 bathrooms, and a total of 3,260 square feet. The lot size of 507 Monroe St is 4,966 square feet.

Off market
507 Monroe St Mobile, AL 36602
$123,000 Listing Price
4 Beds
2 Baths
3,260 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $550,000
  • Open Loans / Balance: 1 / $11,203
  • Est. Equity / %: $444,797 / 97.54%
  • Gross Yield: 10.366%
  • APN: 29 06 40 0 011 242.XXX
  • Situs County: Mobile
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Roof Type: Gable Or Hip
  • Pool Type: Yes
  • Porch Type: Open
  • Roof Cover Type: Asphalt

Measurements

  • Total: 3,260/SqFt
  • Lot: 4,966/SqFt
  • Garage: 440/SqFt
  • Living: 3,260/SqFt
  • Building: 3,260/SqFt
  • Ground: 1,910/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $168.71

Legal Description

  • Description: BEG AT A PT ON THE S SIDE OF MONROE ST 77 FT 7 IN E OF THE SE COR OF MONROE & CEDAR STS RUN TH ELY ALG THE S SIDE OF MONROE
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: 30.68581 / -88.04661
  • Subdivision: Church St So Washington Ave
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Pool: true
  • Plus Four: 1921
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

507 Monroe St has no associated ownership info
507 Monroe St has no associated ownership info.

Taxes

507 Monroe St has 10 associated Taxes items

507 Monroe 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 $31,020. The APN we've located for 507 Monroe St is 29 06 40 0 011 242.XXX.

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Taxes
  • Assessed Value:  $31,020
  • Assessed Year:  2025
  • Assessed County:  Mobile
  • APN:  29 06 40 0 011 242.XXX
  • Assessed Land Value:  2740
  • Market Land Value:  27400
  • Tax Amount:  1971.04
  • Tax Year:  2025
  • Market Value:  310200
  • Market Year:  2025

Tax History

507 Monroe St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,020 Land Value $2,740 Improvement Value $28,280 Tax Amount $1,971.04 Change Rate Assessed CR Tax Rate +0.063541%
Year 2024 Assessed Value $31,020 Land Value $2,740 Improvement Value $28,280 Tax Amount $1,971.04 Change Rate +0.057221% Assessed CR Tax Rate +0.063541%
Year 2023 Assessed Value $29,340 Land Value $3,090 Improvement Value $26,250 Tax Amount $1,864.36 Change Rate -0.005335% Assessed CR Tax Rate +0.063543%
Year 2022 Assessed Value $29,340 Land Value $3,090 Improvement Value $26,250 Tax Amount $1,874.36 Change Rate Assessed CR Tax Rate +0.063884%
Year 2021 Assessed Value $29,340 Land Value $3,090 Improvement Value $26,250 Tax Amount $1,874.36 Change Rate Assessed CR Tax Rate +0.063884%
Year 2020 Assessed Value $29,340 Land Value $3,090 Improvement Value $26,250 Tax Amount $1,874.36 Change Rate +0.013042% Assessed CR Tax Rate +0.063884%
Year 2019 Assessed Value $28,980 Land Value Improvement Value Tax Amount $1,850.23 Change Rate +0.005434% Assessed CR Tax Rate +0.063845%
Year 2018 Assessed Value $28,980 Land Value Improvement Value Tax Amount $1,840.23 Change Rate +0.054585% Assessed CR Tax Rate +0.0635%
Year 2017 Assessed Value $27,480 Land Value Improvement Value Tax Amount $1,744.98 Change Rate -0.20578% Assessed CR Tax Rate +0.0635%
Year 2016 Assessed Value $34,600 Land Value Improvement Value Tax Amount $2,197.1 Change Rate +0.409943% Assessed CR Tax Rate +0.0635%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,558.29 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,080 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,628.14 Change Rate Assessed CR Tax Rate