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Sold on 01/12/2021
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508 Monroe St, Mobile, AL 36602

$307,000

Last sold 01/12/2021 for $229K

  • 2

    bed

  • 1

    bath

  • 1,266

    Sqft ($181/Sqft)

House not for sale
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About 508 Monroe St

Property type House
Neighborhood
Year built 1897
HOA fee $0/month
Lot size 3,223 Sqft
Movoto estimate
Rental estimate
Property description
This 2-bedroom, 1-bathroom single-family home is located at 508 Monroe St, Mobile, AL, 36602, in the Central Business District neighborhood in Mobile County and was built in 1897. This home offers 1,266 square feet of living space on a 3,223 sq ft lot. The estimated market value is $307,000, approximately $242 per square foot.
$307K
Range: $257K-$356K
Last 30 days 
Rental est.: $2,226/month
Gross rent multiplier: 8.6 - Good
  • — Off Market
    —
  • Jan 2021
    Public Records
  • Jan 12, 2021 Sold
    $229,000 (+70.4%)
  • Oct 2017
    Public Records
  • Oct 27, 2017 Sold
    $134,395
  • Year Property taxes Tax assessment
  • 2024
    $709 +1.6%
    $12,050 +1.52%
  • 2023
    $697 -1.3%
    $11,870 -1.08%
  • 2022
    $706 +22.2%
    $12,000 +20.12%
  • 2021
    $578 -1.3%
    $9,990 -1.09%
  • 2020
    $586 -6.1%
    $10,100 -5.78%
  • 2019
    $624
    $10,720
  • 508 Monroe St
    $229K
  • Central Business District
    $265K -36% y/y
  • 36602
    $315K -19% y/y
  • Mobile
    $260K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
506 Monroe St, Mobile, AL 36602 $300,000 2/1 1,326 0.01
510 Monroe St, Mobile, AL 36602 $329,000 2/2 1,466 0.01
161 S Cedar St, Mobile, AL 36602 $356,000 2/2 1,515 0.02
515 Monroe St, Mobile, AL 36602 $425,000 2/2 1,896 0.02
157 S Cedar St, Mobile, AL 36602 $298,000 —/2 1,343 0.02
509 Monroe St, Mobile, AL 36602 $357,000 2/2 1,622 0.02
507 Monroe St, Mobile, AL 36602 $475,000 4/2 3,260 0.03
164 S Cedar St, Mobile, AL 36602 $356,000 3/2 1,779 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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4/10
Florence Howard Elementary School
public Grades PK, K-5
Mobile County School District
4/10
Calloway Smith Middle School
public Grades 6-8
Mobile County School District
5/10
Murphy High School
public Grades 9-12
Mobile County School District
Source: GreatSchools.org © 2026. All rights reserved.

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