Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$616
Per Month
Principal & Interest
$549
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$396
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Nan Gray Davis Elementary School
6900 Nan Gray Davis Rd
Distance between this listing and this school0.46 miles
Public District Grades KG-5
3
/10
Mary W Burroughs Elementary School
6875 Burroughs Ln
Distance between this listing and this school1.83 miles
Public District Grades PK-5
6
/10
Pearl Haskew Elementary School
7001 White Oak Dr
Distance between this listing and this school2.35 miles
Public District Grades KG-5
Nearby Schools
3
/10
Katherine H Hankins Middle School
5750 Katherine Hankins Dr
Distance between this listing and this school1.31 miles
Public District Grades 6-8
3
/10
Burns Middle School
6175 Girby Rd
Distance between this listing and this school5.23 miles
Public District Grades 6-8
5
/10
Bernice J Causey Middle School
2205 Mcfarland Rd
Distance between this listing and this school8.04 miles
Public District Grades 6-8
Nearby Schools
1
/10
Theodore High School
6201 Swedetown Rd N
Distance between this listing and this school0.49 miles
Public District Grades 9-12
2
/10
Ben C Rain High School
3125 Dauphin Island Pkwy
Distance between this listing and this school8.49 miles
Public District Grades 9-12
2
/10
Alma Bryant High School
14001 Hurricane Blvd
Distance between this listing and this school8.60 miles
The neighbors living near this home have an average income of $53,005. Residents of Theodore, AL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6531 Oaklane Dr
What is the listing price of this property?
The listing price of 6531 Oaklane Dr property is $109,900.
What type of property is this?
The property 6531 Oaklane Dr is a house located in Theodore, Alabama, 36582.
Is this property for sale now?
Active Listing: 6531 Oaklane Dr 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 $557 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6531 Oaklane Dr has 3 bedrooms and 1 bathroom.
This home is located at 6531 Oaklane Dr in Theodore, AL and zip code 36582 in the Bellmont neighborhood. This home sits on a 0.68 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $109,900.
In April 2024 more than 1 listings in Theodore, AL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. Between March 2024 and April 2024, Theodore, AL real estate market has seen increase in the number of listings by 46%.
From Rocket Homes Real Estate and based on county public records data.