BOM due to no fault of the seller. Welcome to 1240 Reeves Court! This beautiful renovated home with a pool and new roof (2023) is tucked away on a quiet cul-de-sac in Wakefield Place. The split floorplan features 4 bedrooms and 2 baths. The primary suite is located on one side of the home, while the 3 additional bedrooms and full bath are on the other side. The spacious kitchen has an abundance of cabinets, stainless appliances, stone countertops, and an undermount sink. The backyard feels like an oasis with a sparkling pool that has 2 waterfalls and a new pump, a patio, deck, new sod, and beautiful landscaping. The main electrical panel was replaced in 2023. This property was acquired by foreclosure. Subject to right of redemption out of foreclosure sale. All updates per the seller. Listing company makes no representation as to accuracy of square footage; buyer to verify.
Property Details
Property Features
Property Information:
Year Built: 2006
Listing Office:
Office Name: Roberts Brothers TREC
Listing Agent: Jill Lyon
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Oven, Electric Range
Basement: No
Flooring Type: Ceramic Tile, Vinyl
Interior: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
Fireplace: Family Room, Gas Log
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: None
View: Trees/Woods
Exterior: Private Entrance
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Attached, Garage, Garage Faces Front
Lot Features
Lot Information:
Lot: Back Yard, Front Yard, Landscaped, Private
Lot Size: 0.27 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Ceiling Fan(s), Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $299,500
Tax Information:
Annual Amount: $955
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mobile, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,562
Per Month
Principal & Interest
$1,495
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
$964
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
5
/10
Taylor White Elementary School
476 Eliza Jordan Rd S
Distance between this listing and this school1.22 miles
Public District Grades KG-5
8
/10
Elsie Collier Elementary School
601 Snow Rd N
Distance between this listing and this school2.67 miles
Public District Grades PK-5
9
/10
Dawes Intermediate School
10451 W Lake Rd
Distance between this listing and this school3.21 miles
Public District Grades 3-5
Nearby Schools
7
/10
Bernice J Causey Middle School
2205 Mcfarland Rd
Distance between this listing and this school2.09 miles
Public District Grades 6-8
4
/10
Burns Middle School
6175 Girby Rd
Distance between this listing and this school6.80 miles
Public District Grades 6-8
10
/10
K J Clark Middle School
5960 Arlberg St
Distance between this listing and this school7.07 miles
Public Magnet Grades 5-8
Nearby Schools
5
/10
Baker High School
8901 Airport Blvd
Distance between this listing and this school1.94 miles
Public District Grades 9-12
3
/10
Mary G Montgomery High School
4275 Snow Rd N
Distance between this listing and this school6.91 miles
Public District Grades 9-12
3
/10
Wp Davidson High School
3900 Pleasant Valley Rd
Distance between this listing and this school8.22 miles
The neighbors living near this home have an average income of $77,907. Most Mobile, AL residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1240 Reeves Ct
What is the listing price of this property?
The listing price of 1240 Reeves Ct property is $299,500.
What type of property is this?
The property 1240 Reeves Ct is a house located in Mobile, Alabama, 36695.
Is this property for sale now?
Active Listing: 1240 Reeves Ct 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 $955 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 12, 2010 for $291,337. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1240 Reeves Ct has 4 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 1240 Reeves Ct is 2006.
This home is located at 1240 Reeves Ct in Mobile, AL and zip code 36695 in the Millers Creek neighborhood. This home, which was built in 2006, sits on a 0.27 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $299,500.
In May 2024 more than 20 listings in Mobile, AL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 44 were sold below. Between April 2024 and May 2024, Mobile, AL real estate market has seen increase in the number of listings by 33.7%. In May 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $239,826.
From Rocket Homes Real Estate and based on county public records data.