2 months on rocket

1118 Montauk Ave, Mobile, AL, 36604

$335,000

Home List Price

$3,978*

Closing Credit

5 Bedrooms
4 Full Baths
House
Schools Nearby

Location

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1118 Montauk Ave, Mobile$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingLevel Driveway, On Street, Parking Lot
Year Built1978
HeatingOther
CoolingOther
BasementYes
WaterfrontNone
FireplaceNone
ViewCity, Other
MLS #7360889
Lot Size0.16 Acres
StatusActive

About 1118 Montauk Ave

CALLING ALL INVESTORS!!!! Have you been looking to start or expand your multi family real estate portfolio? If so, you have found the right property!! This beautiful income producing 4-plex is located on Montauk Avenue in midtown. The exterior has been updated and many of the windows have been replaced. Units A, B, & C have one bedroom and one bathroom, while unit D has two bedrooms and one bathroom. Units A, C, & D have been fully rehabbed. Unit D is currently being used as a mid-term rental and comes fully furnished. Unit C & D both include new appliances. Unit C has new ductwork and unit D has a new water heater. Please see MLS listing #7360899 for 1107 Montauk Avenue which is a beautiful income producing duplex for sale on the same street. There are five properties total in this portfolio and they are all tenant occupied and income producing, bringing in right at $10,000 per month in rent. Please check out the other listings: 466 PineHill Avenue MLS #: 7360899, 111 Michael Donald Ave MLS #: 7361011, 1107 Montauk Avenue MLS#: 7360891, and 316 Fairway Avenue MLS #: 7360887? Call me or your favorite Realtor today to see why this property would be a great investment!

Property Details

Property Features

Property Information:

  • Year Built: 1978

Listing Office:

  • Office Name: Port City Group brokered by EXP Realty LLC
  • Listing Agent: Ashley Martin

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other
  • Interior: Other
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City, Other
  • Exterior: Other

Parking Information:

  • Parking: Level Driveway, On Street, Parking Lot

Lot Features

Lot Information:

  • Lot: Back Yard, Cleared, Front Yard, Other
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000

Tax Information:

  • Annual Amount: $1,242
  • Tax Year: 2021
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Housing Market Comparison

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

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Mobile, AL

City

Med. Sold Price

$239.8K

Med. Price/SqFt

$134

Avg. Days On Market

6

# of Sold Homes

78

1118 Montauk Ave vs Mobile

61 DAYS ON ROCKET

+55 Days

$335,000

+$95.1K More

KEY TAKEAWAY

This property is $95.1K more than the Median Sold Price in Mobile, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: GCMLS2
  • MLS Number: #7360889

Listing Office:

  • Office Name: Port City Group brokered by EXP Realty LLC
  • Listing Agent: Ashley Martin

Information is provided by Gulf Coast Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2024 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 12:20:35 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

Mar 08, 2019Home Sold
$49,500
Feb 14, 2019Home Sold
$74,000
Oct 05, 2016Home Sold
$183,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,242$19,560
2019$1,054$16,600
2018$1,054$16,600
2017$1,054$16,600

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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-5933669
4
/10

  • Leinkauf Elementary School

  • 1410 Monroe St

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-5933670
4
/10

  • Florence Howard Elementary School

  • 957 Dr Martin L King Jr Ave

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-5933671
10
/10

  • W H Council Traditional School

  • 751 Wilkinson St

  • 1.17 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,418. The majority of Mobile, AL residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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.

What type of housing is available 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.

Is Mobile, AL a good place to live?

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.

Are things conveniently located in Mobile, AL?

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.

What does the transportation in Mobile, AL look like?

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 1118 Montauk Ave

What is the listing price of this property?

The listing price of 1118 Montauk Ave property is $335,000.

What type of property is this?

The property 1118 Montauk Ave is a house located in Mobile, Alabama, 36604.

Is this property for sale now?

Active Listing: 1118 Montauk 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 $1,242 (source: MLS/based on county public records data).

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

The last sale was on March 8, 2019 for $49,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1118 Montauk Ave has 5 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1118 Montauk Ave is 1978.

Rocket Homes›Alabama›Mobile County›Mobile›36604›1118 Montauk Ave

This home is located at 1118 Montauk Ave in Mobile, AL and zip code 36604. This home, which was built in 1978, sits on a 0.16 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $335,000.

In April 2024 more than 21 listings in Mobile, AL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 40 were sold below. The number of homes for sale in Mobile, AL increased by 36.8% between March 2024 and April 2024. In April 2024, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $239,816.

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

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