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7878 Park Place Dr

Mobile, AL 36608

3 bd 2 ba 1,848 sqft Built 2024 Lot 10,324 sqft single_family
Most recent sale
$42,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 9, 2025 Price changed for rent $2,150 ShowMojo
Jun 20, 2025 Price changed for rent $2,200 ShowMojo
Jun 5, 2025 Listed for rent $2,300 ShowMojo
May 6, 2025 Price changed for rent $2,400 ShowMojo
Mar 28, 2025 Listed for rent $2,500 ShowMojo
Mar 18, 2025 Sold $292,200 MobileAL
Aug 23, 2024 Price changed $295,460 MobileAL
May 23, 2024 Listed $329,900 MobileAL
Jul 1, 2022 Sold $42,000 Public Record
May 11, 2022 Price changed $25,000 MLS #0652099
Dec 10, 2021 Listed $30,900 MLS #0652099
Oct 29, 2021 Relisted $30,900 MLS #652099
May 25, 2021 Relisted $30,900 MLS #652099
May 13, 2021 Price changed $30,900 MLS #652099
May 11, 2021 Listed $29,900 MLS #652099
Feb 21, 2018 Listed $35,977 MLS #610018

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $51,160 $3,248
2023 $23,560 $381
2022 $6,000 $381
2021 $5,000 $318
2020 $5,000 $317
2019 $5,100 $323
2018 $5,100 $323
2017 $6,440 $363
2016 $7,360 $415
2015 $7,360 $415
2014 $7,360 $415
2013 $7,360 $415
2012 $7,360 $356
2011 $7,360 $356
2010 $7,360 $356
2009 $7,360 $356
2008 $7,360 $356
2007 $6,900 $334

Property facts

Year built
2024
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,848 sqft
Lot size
10,324 sqft
ZIP code
36608
City
Mobile
Street
Park Place Dr
Coordinates
30.69377, -88.22725

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
$252
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7878 Park Place Dr last sell?
7878 Park Place Dr most recently sold on Jul 1, 2022 for $42,000.
What is the current tax assessment for 7878 Park Place Dr?
The most recent total assessment for 7878 Park Place Dr (year 2025) is $51,160 with $3,248 in property tax.
How does 7878 Park Place Dr's assessment compare to its last sale price?
The current assessment is 21.8% above the last sale price of $42,000.
When was 7878 Park Place Dr built?
7878 Park Place Dr was built in 2024.
How does 7878 Park Place Dr compare to others on Park Place Dr?
We track 8 other properties on Park Place Dr. Browse the list under "Other properties on Park Place Dr" to compare beds, baths, and sale history.
What are the property facts for 7878 Park Place Dr?
7878 Park Place Dr is a 3 bed, 2 bath, 1,848 sqft, 10,324 sqft lot single_family.
Is 7878 Park Place Dr a flip candidate?
No — 7878 Park Place Dr does not appear in our flips dataset.
Is 7878 Park Place Dr a tax-appeal candidate?
No — 7878 Park Place Dr 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
+0.1%
Implied 1-yr
+0.5%
2026 Q3
$402.1K
2026 Q4
$402.6K
ZIP 36608 — Median Price History + Forecast

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