251 Park Ter, Mobile, AL, 36604
About This Home
Welcome to 251 Park Terrace, a charming 2-bedroom, 1.5-bath home nestled in the heart of Mobile's historic Midtown area. From the moment you step inside, you'll be captivated by the beautiful spiral staircase, a stunning architectural feature that adds elegance and character to the home's inviting interior. Designed for both comfort and functionality, the home features a convenient half bath on the main level for guests and a full bathroom upstairs alongside the two spacious bedrooms, creating a practical and private layout. Filled with warmth and timeless appeal, the inviting living spaces offer an excellent foundation for comfortable everyday living. Step outside to enjoy the home's charming patio—an inviting space that's perfect for morning coffee, outdoor dining, or relaxing with family and friends. The backyard is located to the side of the home behind the fenced area. Whether you're entertaining or simply unwinding after a long day, this cozy outdoor retreat adds to the home's appeal. This home offers incredible potential and is ready for your personal touch. With some updating and improvements, it could truly shine. The property is being sold as-is, presenting a great opportunity for buyers looking to build equity in a desirable Midtown location. Ideally located just minutes from downtown Mobile, you'll enjoy easy access to local dining, shopping, parks, and entertainment while experiencing the charm of one of the city's most desirable historic neighborhood. Whether you're a first-time homebuyer, an investor, or someone looking for a home with character and potential, 251 Park Terrace is a property you won't want to miss. Schedule your private showing today and discover the possibilities this distinctive home has to offer! This property is sold as is!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick Front
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Electric Range
- Laundry features: Laundry Room
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Beamed Ceilings
- Window features: None
- Flooring: Carpet,Ceramic Tile,Laminate
- Fireplace features: None
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 1,182
- Total interior livable area: 1,182 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 291021400207601
- Special condition: Sold As/Is
Features
- Levels: Two
- Pool features: None
- Patio & porch: Patio
- Exterior features: Private Yard,Other
- Spa features: None
- Fencing: None
- Has view: Yes
- Waterfront features: None
Lot
- Lot size: 5,188 sqft
- Features: Back Yard,Front Yard
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $910 | $10,920 |
| Home Insurance * | $249 | $2,988 |
| Property Taxes | $64 | $768 |
| Electricity | $240 | $2,881 |
| Total | $1,463 | $17,556 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Pending sale | $180,000 |
| 2026-08-01 | Listed for sale | $180,000 |
| 2017-08-22 | Sold | $118,000 |
| 2017-06-28 | Listed for sale | $118,900 |
| 2014-12-11 | Listing removed | $97,500 |
| 2014-08-13 | Price change | $97,500 |
| 2014-08-02 | Price change | $99,900 |
| 2014-04-24 | Listed for sale | $109,900 |
| 2007-01-03 | Sold | $97,000 |
| 1998-07-14 | Sold | $57,000 |
For Sale by Agent
View on Zillow