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  • $48,000

    278 Fairway Ave, Mobile, AL 36608

    3beds
    1,792sqft
    Single Family Residence
    Built in 1996
    0.35 Acres Lot
    $49,200 Zestimate®
    $27/sqft
    $1,696 Estimated rent

    Home value

    $49,200

    $45,000 - $55,000

    $1,696/mo

    Zestimate® history
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    Owner options

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    $1,696/mo

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    $1,696/mo

    Rent Zestimate®

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    $224/mo

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    $224/mo

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    What's special

    Attention investors! This diamond-in-the-rough property is a fantastic opportunity to add value and boost your portfolio. Situated on a spacious, fenced lot, this home offers plenty of potential for outdoor enhancements. Inside, the kitchen is brimming with possibilities—bring your vision and transform it into a stunning centerpiece. Currently, a reliable renter is in place, generating $700/month in steady income while you plan your upgrades. With some TLC, this property could shine as a high-return investment. Don’t miss out. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael D Dorsett PHONE:251-463-6682,

    Coldwell Banker Reehl Properties Fairhope

    Bought with:

    Michael D Dorsett, 90179

    Coldwell Banker Reehl Properties Fairhope

    Source: Baldwin Realtors,MLS#: 374774MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Electric
    Appliances
    • Included: Dishwasher
    Features
    • Vaulted Ceiling(s)
    • Flooring: Other Floors/See Remarks
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 1,792 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Other/See Remarks
    Features
    • Stories: 1
    • Patio & porch: Patio, Front Porch
    • Pool features: None
    • Fencing: Fenced
    • Has view: Yes
    • View description: None/Not Applicable
    • Waterfront features: No Waterfront
    • Body of water: None
    Lot
    • Size: 0.35 Acres
    • Features: Level, Less Than 1 Acre
    Details
    • Parcel number: 2804183001005.
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mobile
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition Shingle
    Condition
    • Resale
    • Year built: 1996

    Utilities & green energy

    • Water: Public
    • Utilities for property: Water City, Sewage Septic

    Community & HOA

    Community
    • Features: More Than Two Pets Allowed
    • Subdivision: Pine Ridge
    HOA
    • Has HOA: No
    Location
    • Region: Mobile

    Financial & listing details

    • Price per square foot: $27/sqft
    • Tax assessed value: $57,000
    • Annual tax amount: $724
    • Date on market: 2/25/2025
    • Ownership type: Whole Full
    • Body type: Double Wide

    Price history

    DateEventPrice
    7/2/2025Sold$48,000-10.3%$27/sqft
    Source: Baldwin Realtors #374774 Report a problem
    6/12/2025Pending sale$53,500$30/sqft
    Source: Baldwin Realtors #374774 Report a problem
    5/22/2025Price change$53,500-7%$30/sqft
    Source: GCMLS #7531569 Report a problem
    5/19/2025Listed for sale$57,500$32/sqft
    Source: GCMLS #7531569 Report a problem
    5/16/2025Pending sale$57,500$32/sqft
    Source: GCMLS #7531569 Report a problem
    5/5/2025Price change$57,500-4.2%$32/sqft
    Source: GCMLS #7531569 Report a problem
    2/27/2025Listed for sale$60,000-3.2%$33/sqft
    Source: GCMLS #7531569 Report a problem
    5/12/2009Sold$62,000$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$724 +5.6%$11,400 +5.6%
    2024$686 +29.2%$10,800 +29.2%
    2023$531 $8,360 +99%
    2022-- $4,200
    2021-- $4,200
    2020-- $4,200 +15.4%
    2019-- $3,640 -1.6%
    2018-- $3,700
    2017$144 $3,700 -23.2%
    2016$144 -0.3%$4,820 +10.6%
    2013$144 $4,360
    Find assessor info on the county website

    Neighborhood: Mobile Terrace

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Taylor White Elementary
    • Middle: Bernice J. Causey Middle
    • High: Baker High

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $49,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $49,200