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7501 Monroe Ln, Eight Mile, AL, 36613

0beds
0baths
--sqft
$80,000
--price/sqft
$775/moest. monthly cost
$31,000/yrincome needed

About This Home

This property has a mobile home on it that would need to be torn down. The property is mostly wooded. There are wetlands that are on the property. This 6.9 acres goes with MLS 7487927. A fixer upper house and 4.9 acres.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

5/10
Semmes Middle SchoolGrades 6-84.4 mi
4/10
Mary G Montgomery High SchoolGrades PK,9-123.8 mi

Construction

Type & Style

  • Home type: MobileManufactured
  • Property subType: Mobile Home,Land

Property

Details

  • Parcel number: 2303073000001002
  • Zoning: resid

Features

  • Fencing: None
  • Has view: Yes
  • Waterfront features: Marsh
  • Residential vegetation: Mixed

Lot

  • Lot size: 6.91 Acres
  • Features: Creek On Lot

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
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tornado
Wildfire
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 $404$4,848
Home Insurance *$103$1,236
Property Taxes $28$336
Electricity $240$2,881
Total$775$9,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,571/yr
40% on housing$23,250/yr
45% on housing$20,666/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 36613$72
Mobile County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 36613$110
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
2026-08-07Price change$70,000
2025-08-05Price change$80,000
2025-06-03Price change$95,000
2024-11-18Listed for sale$100,000
1999-09-24Sold$34,000

For Sale by Agent

AgentJames Hunn
BrokerageReal Estate Store

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