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2004 Magnolia Ln, Mobile, AL, 36605

6beds
4baths
3,468sqft
$70,000
$20price/sqft
$914/moest. monthly cost
$36,560/yrincome needed

About This Home

Welcome to 2004 Magnolia Lane! Bring your design vision to life with this versatile, two-unit property. With endless potential, it is waiting for its next owner to restore its charm. Each unit features 3 bedrooms and 2 bathrooms. Each unit has its own living room, kitchen, and laundry room. One unit also has a bonus room and a dining area. The other unit has a screened-in back porch. There is also a garage/storage shed in the backyard and a large driveway for multiple vehicles. Conveniently located near the interstate, downtown, and shopping.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

2/10
Pillans Middle SchoolGrades 6-80.5 mi
2/10
Ben C Rain High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1949

Materials

  • Roof: Other
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Laundry Room,Main Level

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Other
  • Window features: None
  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 3,468
  • Total interior livable area: 3,468 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 3204340003109

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Rear Porch,Screened
  • Exterior features: Other
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City
  • Waterfront features: None

Lot

  • Lot size: 0.61 Acres
  • Features: Back Yard,Front Yard

Parking

  • 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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Tornado
Tsunami

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

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

MonthlyAnnual
Mortgage $353$4,236
Home Insurance *$148$1,776
Property Taxes $25$300
Electricity $388$4,656
Total$914$10,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,337/yr
40% on housing$27,420/yr
45% on housing$24,373/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

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.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$20This listing

vs Other Active Listings

Avg $/sqft

ZIP 36605$75
Mobile County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 36605$84
Mobile County$135

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

DateEventPrice
2026-08-14Pending sale$70,000
2026-08-03Price change$70,000
2026-07-09Price change$80,000
2026-06-29Listed for sale$100,000

For Sale by Agent

AgentAshley Martin
BrokerageeXp Realty Port City Group

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