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3007 Banks Ave

Mobile, AL 36617

3 bd 2 ba 1,612 sqft Built 1985 Lot 6,416 sqft single_family
Most recent sale
$86,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $86,000 Public Record
Jun 5, 2022 Price changed $79,000 MLS #7007811
Apr 16, 2022 Relisted $89,000 MLS #7007811
Feb 25, 2022 Listed $89,000 MLS #7007811
Jun 16, 2021 Listed for rent $1,025 TenantTurner
Jun 28, 2017 Sold $210,500 Public Record
Apr 10, 2017 Sold $35,000 Public Record
Mar 13, 2017 Listing removed $40,950 MobileAL
Feb 9, 2017 Listed $40,950 MLS #541930
Feb 23, 2016 Listing removed $39,900 MobileAL
Feb 22, 2016 Listed $39,900 MLS #529676
Jun 25, 2007 Sold $82,875 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $8,700 $485
2023 $8,800 $476
2022 $12,320 $782
2021 $12,080 $767
2020 $12,080 $767
2019 $12,240 $777
2018 $12,240 $777
2017 $6,140 $322
2016 $6,320 $334
2015 $5,720 $296
2014 $5,860 $305
2013 $5,940 $310
2012 $6,100 $320
2011 $7,500 $409
2010 $7,620 $416
2009 $7,900 $434
2008 $7,940 $437
2007 $10,200 $647

Property facts

Year built
1985
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,612 sqft
Lot size
6,416 sqft
ZIP code
36617
City
Mobile
Street
Banks Ave
Coordinates
30.72339, -88.11211

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$516
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3007 Banks Ave last sell?
3007 Banks Ave most recently sold on Aug 9, 2022 for $86,000.
What is the current tax assessment for 3007 Banks Ave?
The most recent total assessment for 3007 Banks Ave (year 2025) is $8,700 with $485 in property tax.
How does 3007 Banks Ave's assessment compare to its last sale price?
The current assessment is 89.9% below the last sale price of $86,000.
When was 3007 Banks Ave built?
3007 Banks Ave was built in 1985.
How does 3007 Banks Ave compare to others on Banks Ave?
We track 5 other properties on Banks Ave. Browse the list under "Other properties on Banks Ave" to compare beds, baths, and sale history.
What are the property facts for 3007 Banks Ave?
3007 Banks Ave is a 3 bed, 2 bath, 1,612 sqft, 6,416 sqft lot single_family.
Is 3007 Banks Ave a flip candidate?
No — 3007 Banks Ave does not appear in our flips dataset.
Is 3007 Banks Ave a tax-appeal candidate?
No — 3007 Banks Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-23.6%
Implied 1-yr
-94.2%
2026 Q3
$4.9K
2026 Q4
$4.9K
ZIP 36617 — Median Price History + Forecast

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