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7235 Raleigh Way

Mobile, AL 36695

4 bd 3 ba 3,330 sqft Built 2014 Lot 14,366 sqft single_family
Most recent sale
$520,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2025 Sold $559,000 BaldwinREALTORS
Jun 30, 2022 Sold $520,000 Public Record
May 23, 2022 Listed $520,000 MLS #7053084
Apr 7, 2015 Sold $387,150 Public Record
Feb 21, 2015 Listing removed $380,410 MobileAL
Feb 10, 2015 Price changed $380,410 MLS #506582
Jan 28, 2015 Relisted $390,420 MLS #506582
Dec 30, 2014 Listing removed $390,420 MobileAL
Nov 6, 2014 Price changed $390,420 MLS #506582
Sep 9, 2014 Price changed $395,425 MLS #506582
Jul 15, 2014 Price changed $390,430 MLS #506582
May 19, 2014 Listed $429,900 MLS #506582

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $36,960 $1,726
2020 $37,260 $1,740
2019 $37,980 $1,775
2018 $35,260 $1,643
2017 $35,540 $1,657
2016 $35,560 $1,658
2015 $57,920 $2,809
2014 $12,000 $582
2013 $12,000 $582
2012 $12,000 $582
2011 $12,000 $582
2010 $12,000 $582
2009 $12,000 $582
2008 $12,000 $582

Property facts

Year built
2014
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,330 sqft
Lot size
14,366 sqft
ZIP code
36695
City
Mobile
Street
Raleigh Way
Coordinates
30.62107, -88.21103

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
$4,995
Gross rental yield
11.53%
Implied cap rate
7.49%
Trend-extrapolated value

Frequently asked questions

When did 7235 Raleigh Way last sell?
7235 Raleigh Way most recently sold on Jun 30, 2022 for $520,000.
What is the current tax assessment for 7235 Raleigh Way?
The most recent total assessment for 7235 Raleigh Way (year 2021) is $36,960 with $1,726 in property tax.
How does 7235 Raleigh Way's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $520,000.
When was 7235 Raleigh Way built?
7235 Raleigh Way was built in 2014.
How does 7235 Raleigh Way compare to others on Raleigh Way?
We track 8 other properties on Raleigh Way. Browse the list under "Other properties on Raleigh Way" to compare beds, baths, and sale history.
What are the property facts for 7235 Raleigh Way?
7235 Raleigh Way is a 4 bed, 3 bath, 3,330 sqft, 14,366 sqft lot single_family.
Is 7235 Raleigh Way a flip candidate?
No — 7235 Raleigh Way does not appear in our flips dataset.
Is 7235 Raleigh Way a tax-appeal candidate?
No — 7235 Raleigh 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
-1.4%
Implied 1-yr
-5.5%
2026 Q3
$240.4K
2026 Q4
$236.7K
ZIP 36695 — Median Price History + Forecast

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