Listing provided courtesy of IXL Real Estate LLCMLS# 7401625MLS Provider
  • 749 days on site
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Agent does not respond to showing Time Request. Please see Private Remarks for Showing Instructions. Seller is offering Owner Financing on this on this approximate 6.3 Wooded & Private Acres close to the corner of University Blvd & Cottage Hill Rd. Owner Financing terms are: 20% down (46,800) + (1,000) in Closing Cost for a total of (47,800) out of pocket. 5% fixed interest rate over 5 Years with a monthly payment of (3,532.69) a month. No early pay off penalties. Property has some gorgeous and mature oaks through out the property. This sale includes PPIN # 02509994 & PPIN # 00600148. Property sits in the center of a well established Neighborhood called Monarch Subdivision. Property has 3 entrances. One is at the corner of Montara Dr & Wolf Creek Dr N. Another one is at the end of Monarch Dr W. The third entrance is at the end of Jalama Dr. Great place to build you home on some acreage in the city limits. Have your homestead on some land but just minutes to all the amenities everyone enjoys. Close to shopping and a quick commute to downtown Mobile. Can buy this property and develop the property into residential lots. The seller has gone through the City of Mobile and has a been approved for a 21 lot subdivision.

Source: Mobile MLS, MLS#: 7401625

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  • Property Type
    Land
  • Lot
    6.32 acres

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Leigh McPherson

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1028 Oakland Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/10/2024Source: Mobile MLS Added to Database
June 10, 2024