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7851 Lantern Way; Mobile, AL Property Details

7851 Lantern Way, Mobile, AL is a Single Family that was built in 1996. This property is currently a cash purchase and is not for sale. Our records show that 7851 Lantern Way has 3 bedrooms, and 2 bathrooms, and a total of 1,773 square feet. The lot size of 7851 Lantern Way is 43,560 square feet.

Off market
7851 Lantern Way Mobile, AL 36619
$118,000 Listing Price
3 Beds
2 Baths
1,773 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1996
  • Purchase Price: $500
  • Open Loans / Balance: 2 / $140,768
  • Est. Equity / %: $21,232 / 13.11%
  • Gross Yield: 12.563%
  • APN: 34 06 13 4 000 055.04X
  • Situs County: Mobile
  • Length Of Ownership: 8 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,773/SqFt
  • Lot: 43,560/SqFt
  • Garage: 506/SqFt
  • Living: 1,773/SqFt
  • Building: 1,773/SqFt
  • Ground: 1,773/SqFt
  • Garage Finished: 506/SqFt
  • Price Per Square Foot: $0.28

Legal Description

  • Description: LOT 4 LANTERN WAY MBK 29/36 #SEC 13 T5S R3W #MP34 06 13 4 000
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: 30.603676 / -88.22646
  • Subdivision: Lantern Way
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 5359
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

7851 Lantern Way has no associated ownership info
7851 Lantern Way has no associated ownership info.

Taxes

7851 Lantern Way has 10 associated Taxes items

7851 Lantern Way, 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 $34,460. The APN we've located for 7851 Lantern Way is 34 06 13 4 000 055.04X.

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Taxes
  • Assessed Value:  $34,460
  • Assessed Year:  2025
  • Assessed County:  Mobile
  • APN:  34 06 13 4 000 055.04X
  • Assessed Land Value:  5000
  • Market Land Value:  25000
  • Tax Amount:  1791.31
  • Tax Year:  2025
  • Market Value:  172300
  • Market Year:  2025

Tax History

7851 Lantern Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,460 Land Value $5,000 Improvement Value $29,460 Tax Amount $1,791.31 Change Rate +0.061504% Assessed CR Tax Rate +0.051982%
Year 2024 Assessed Value $32,320 Land Value $5,000 Improvement Value $27,320 Tax Amount $1,687.52 Change Rate +0.050733% Assessed CR Tax Rate +0.052213%
Year 2023 Assessed Value $30,640 Land Value $5,000 Improvement Value $25,640 Tax Amount $1,606.04 Change Rate +0.096707% Assessed CR Tax Rate +0.052416%
Year 2022 Assessed Value $27,720 Land Value $5,000 Improvement Value $22,720 Tax Amount $1,464.42 Change Rate +0.056694% Assessed CR Tax Rate +0.052829%
Year 2021 Assessed Value $26,100 Land Value $5,000 Improvement Value $21,100 Tax Amount $1,385.85 Change Rate +0.050746% Assessed CR Tax Rate +0.053098%
Year 2020 Assessed Value $24,720 Land Value $4,200 Improvement Value $20,520 Tax Amount $1,318.92 Change Rate +0.108159% Assessed CR Tax Rate +0.053354%
Year 2019 Assessed Value $24,540 Land Value Improvement Value Tax Amount $1,190.19 Change Rate -0.023089% Assessed CR Tax Rate +0.0485%
Year 2018 Assessed Value $25,120 Land Value Improvement Value Tax Amount $1,218.32 Change Rate +1.162059% Assessed CR Tax Rate +0.0485%
Year 2017 Assessed Value $13,000 Land Value Improvement Value Tax Amount $563.5 Change Rate -0.011906% Assessed CR Tax Rate +0.043346%
Year 2016 Assessed Value $13,140 Land Value Improvement Value Tax Amount $570.29 Change Rate -0.477397% Assessed CR Tax Rate +0.043401%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,091.25 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $11,260 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $484.93 Change Rate Assessed CR Tax Rate