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For sale by owner
  • Price cut: $300K (4/23)
    $1,500,000

    1552 Monterey Pl, Mobile, AL 36604

    6beds
    4,200sqft
    : 
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    MultiFamily
    Built in 1897
    -- sqft lot
    $-- Zestimate®
    $357/sqft
    $-- HOA

    Overview

    Step into a rare piece of history with this stunning 6-bedroom, 6.5-bath Queen Anne Victorian, ideally located near Midtown and Downtown Mobile. Rich in character and timeless charm, this beautifully preserved property offers a unique blend of historic elegance and modern-day opportunity. Built in 1897 by Mr. and Mrs. Charles Martin Shepard, this remarkable home was selected from a catalog designed by renowned architect George Franklin Barber, making it a true architectural treasure. Known as The Kate Shepard House, the property carries a deep and meaningful legacy. On display in its library are family artifacts dating back to the early 1800s, including an extraordinary collection of letters, receipts, land deeds, and historical documents passed down from the McRae family of Mississippi. These rare documents, discovered in the attic, have proven to be significant links to American Civil War history, with portions now preserved and showcased by the South Carolina Confederate Relic Room and Military Museum. Once operated as a boarding school, the home is filled with stories and distinctive architectural details that make it truly one of a kind. Inside, you’ll find two spacious parlors on the main floor—one featuring a grand piano for refined gatherings, and the other offering additional seating for entertaining or relaxing. Each of the six bedrooms is paired with its own full bathroom, providing exceptional comfort and privacy—perfect for large families, guests, or rental use. A convenient half bath is also located on the first floor. Currently operating as a successful short-term rental across multiple platforms, this property presents an incredible turnkey investment opportunity or could easily transition into a grand private residence. Enjoy the convenience of being within walking distance to shopping, dining, and all that Mobile has to offer, while still experiencing the charm, history, and grandeur of this one-of-a-kind home.
    114 days
    |
    817
    |
    17
    |
    Listed by:

    Property Owner (228) 669-1965

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Heating
      • Other
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 4,200 sqft

      Property

      Parking
      • Total spaces: 4
      Features
      • Exterior features: Wood
      Lot
      • Size: 0.36 Acres
      Details
      • Parcel number: R022907250007418

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Wood
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1897

      Community & HOA

      Community
      • Features: On Site Laundry Available
      Location
      • Region: Mobile

      Financial & listing details

      • Price per square foot: $357/sqft
      • Tax assessed value: $742,100
      • Annual tax amount: $4,713
      • Date on market: 3/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,066/mo

        Price history

        DateEventPrice
        4/23/2026Price change$1,500,000-16.7%$357/sqft
        Source: Owner Report a problem
        3/13/2026Listed for sale$1,800,000+157.1%$429/sqft
        Source: Owner Report a problem
        11/30/2022Sold$700,000-23.9%$167/sqft
        Source: Baldwin Realtors #319354 Report a problem
        10/8/2022Pending sale$920,000$219/sqft
        Source: Baldwin Realtors #319354 Report a problem
        9/22/2022Price change$920,000-7.5%$219/sqft
        Source: GCMLS #0656216 Report a problem
        1/12/2022Listed for sale$995,000+192.6%$237/sqft
        Source: GCMLS #0656216 Report a problem
        12/17/2002Sold$340,000+33.3%$81/sqft
        Source: Public Record Report a problem
        5/16/2001Sold$255,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,713 +6.1%$74,220 +6.1%
        2024$4,442 +67.8%$69,960 +67.8%
        2023$2,648 $41,700
        2022$2,648 $41,700
        2021$2,648 +0%$41,700 +0%
        2020$2,647 +10.1%$41,680 +10.1%
        2019$2,403 -3.1%$37,840 -1.2%
        2018$2,480 -48.4%$38,300 -49.4%
        2017$4,806 $75,680 -1.1%
        2016$4,806 +115.2%$76,560 +116.1%
        2013$2,233 -5%$35,420 -6.9%
        2010$2,350 +26.4%$38,060 +25.5%
        2003$1,858 $30,320
        2002$1,858 +52.2%$30,320 +49.5%
        2001$1,221 +24.9%$20,280
        2000$977 $20,280

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Hannon Park

        Getting around

        60 / 100
        Somewhat Walkable
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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