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7806 Lantern Way

Mobile, AL 36619

3 bd 2 ba 1,971 sqft Built 1989 Lot 39,204 sqft single_family
Most recent sale
$185,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 9, 2024 Sold $203,000 MobileAL
Aug 17, 2022 Sold $185,000 Public Record
Jun 22, 2022 Listed $184,204 MLS #7068966
Sep 21, 2012 Sold $96,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $21,260 $1,031
2020 $20,200 $980
2019 $19,940 $967
2018 $19,940 $967
2017 $19,940 $967
2016 $20,400 $989
2015 $18,480 $896
2014 $18,700 $907
2013 $18,480 $896
2012 $18,740 $909
2011 $19,180 $930
2010 $19,700 $955
2009 $21,560 $1,046
2008 $21,560 $1,046

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,971 sqft
Lot size
39,204 sqft
ZIP code
36619
City
Mobile
Street
Lantern Way
Coordinates
30.60433, -88.22589

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7806 Lantern Way last sell?
7806 Lantern Way most recently sold on Aug 17, 2022 for $185,000.
What is the current tax assessment for 7806 Lantern Way?
The most recent total assessment for 7806 Lantern Way (year 2021) is $21,260 with $1,031 in property tax.
How does 7806 Lantern Way's assessment compare to its last sale price?
The current assessment is 88.5% below the last sale price of $185,000.
When was 7806 Lantern Way built?
7806 Lantern Way was built in 1989.
How does 7806 Lantern Way compare to others on Lantern Way?
We track 7 other properties on Lantern Way. Browse the list under "Other properties on Lantern Way" to compare beds, baths, and sale history.
What are the property facts for 7806 Lantern Way?
7806 Lantern Way is a 3 bed, 2 bath, 1,971 sqft, 39,204 sqft lot single_family.
Is 7806 Lantern Way a flip candidate?
No — 7806 Lantern Way does not appear in our flips dataset.
Is 7806 Lantern Way a tax-appeal candidate?
No — 7806 Lantern Way 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
-6.0%
Implied 1-yr
-24.0%
2026 Q3
$125.2K
2026 Q4
$112.9K
ZIP 36619 — Median Price History + Forecast

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