Satsuma
Real Estate
Elberta acreage sells for mega bucks
A local investor paid $1.425 million for 60 acres with six buildings on U.S. 98 in Elberta, according to Peggy Summerville of Scout South Properties, who represented the seller. Ken Crabtree of Signature Properties worked for the buyer. The property at 29451 U.S. 98 includes five 3,000-square-foot leased warehouses on 20 acres with 660 front feet on Highway 98. And it also includes a galvanized steel Quonset hut on 40 acres with two ponds.
Mobile’s real estate market remains seller’s market in June, sales slowing
Mobile’s real estate market stayed largely the same during the month of June, as high interest rates continued to slow the market, but low supply kept prices high. “It’s much the same as last time, with just a few more sales,” Charlie Plyler, president of the Mobile Area Association of Realtors, said.
My New Home: A Peaceful Place to Call Home
John and Theresa Monteleone moved to Memphis from Mobile, Alabama, because their daughter and son-in-law were moving here. “We've always lived close to one another so we couldn't let them leave Alabama without us,” said Theresa. “After arriving in Memphis, we decided to become a part of our...
Mobile real estate remained seller’s market in April, despite stabilizing prices
The Mobile real estate market, though cooling after a record couple of years, still remained a seller’s market in April, new data from the Alabama Center for Real Estate shows. “We’re still in a seller’s market because we don’t have enough supply,” Charlie Plyler, president of the Mobile Area...
This funky Alabama landmark could be yours for $7 million, sphinxes and all
It could be the most head-turning building in all of Alabama, and it could be yours – sphinxes and all – for an asking price of $7 million. The Temple Downtown, as the structure has been known in recent years, sits a block from Mobile’s Cathedral Square and it truly is hard to miss. Built in 1921-22 for the Ancient and Accepted Scottish Rite of Freemasonry, it’s four stories tall with sloping, slab-sided walls evocative of ancient Egyptian pylons or even the pyramids. Two horse-sized sphinxes flank a main entrance worthy of a small fort or castle, and a couple of obelisks rise from the rooftop.
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